In Q3 of fiscal 2024, the quarter ended Mar 31, 2024, Esports Entertainment Group, Inc. reported revenue of $1.7 million, down 58.7% from the same quarter a year earlier. It recorded a net loss of $2.8 million. The operating loss came to $1.8 million, an operating margin of -105.2%. Diluted earnings per share were -$3.43.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.
| Line |
TTM
Mar 31, 2024
|
Q3 FY2024
Mar 31, 2024
|
Q2 FY2024
Dec 31, 2023
|
Q1 FY2024
Sep 30, 2023
|
Q4 FY2023
Jun 30, 2023
|
Q3 FY2023
Mar 31, 2023
|
Q2 FY2023
Dec 31, 2022
|
Q1 FY2023
Sep 30, 2022
|
Q4 FY2022
Jun 30, 2022
|
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
10
-69.4%
|
2
-58.7%
|
3
-59.7%
|
3
-72.0%
|
3
-76.3%
|
4
-73.4%
|
6
-55.9%
|
10
-41.5%
|
12
+33.1%
|
| Cost of revenue |
3
-74.6%
|
0
-63.3%
|
1
-71.0%
|
1
-83.9%
|
1
-72.1%
|
1
-79.4%
|
2
-63.6%
|
4
-41.9%
|
5
+36.1%
|
| Gross profit |
7
-66.1%
|
1
-56.7%
|
2
-53.1%
|
2
-64.3%
|
1
-79.4%
|
3
-69.4%
|
4
-49.6%
|
6
-41.2%
|
7
+31.0%
|
| Selling, general and administrative |
21
-55.3%
|
3
-63.1%
|
5
-42.1%
|
7
-40.4%
|
5
-69.3%
|
8
-61.2%
|
9
-53.1%
|
12
-35.8%
|
17
+8.7%
|
| Operating expenses |
—
|
3
|
—
|
7
-40.4%
|
—
|
—
|
—
|
12
-35.8%
|
—
|
| Operating income |
-26
+52.1%
|
-2
+81.1%
|
-17
+23.1%
|
-5
+17.3%
|
-3
+82.7%
|
-10
+81.0%
|
-22
-78.8%
|
-6
+29.6%
|
-18
-72.7%
|
| Interest expense |
0
-99.9%
|
0
-98.0%
|
—
|
—
|
-0
-100.5%
|
0
-24.6%
|
1
-59.7%
|
1
-54.9%
|
1
+166.4%
|
| Other non-operating income (expense) |
-0
-122.5%
|
0
+101.7%
|
-0
-111.3%
|
0
-79.3%
|
-0
-117.5%
|
-1
-1299.4%
|
0
+727.6%
|
0
+103.3%
|
1
+514.4%
|
| Other income (expense) |
1
-94.9%
|
-1
+71.3%
|
-1
-107.0%
|
0
-88.6%
|
2
-83.5%
|
-4
+72.3%
|
7
+126.5%
|
2
|
14
|
| Pretax income |
-25
+28.1%
|
-3
+78.5%
|
-17
-20.6%
|
-5
-15.1%
|
-1
+80.0%
|
-13
+79.2%
|
-14
+64.5%
|
-4
-654.7%
|
-4
+54.3%
|
| Income tax |
—
|
—
|
—
|
—
|
—
|
0
-12.8%
|
—
|
—
|
-0
|
| Net income |
-25
+27.8%
|
-3
+78.5%
|
-17
-20.6%
|
-5
-15.1%
|
-1
+79.1%
|
-13
+79.2%
|
-14
+58.8%
|
-4
-654.7%
|
-4
+21.8%
|
| Net income to common |
-55
-51.8%
|
-4
+70.8%
|
-31
-118.0%
|
-19
-317.7%
|
-1
+67.7%
|
-13
+78.9%
|
-14
+58.2%
|
-4
|
-4
|
| Basic EPS |
-25.89
+92.6%
|
-3.43
+99.9%
|
-64.55
+99.2%
|
-0.68
+93.1%
|
-0.19
+98.1%
|
-2,305.82
-994.7%
|
-7,873.53
|
-9.91
|
-9.90
|
| Diluted EPS |
—
|
-3.43
|
-64.55
|
-0.68
|
—
|
—
|
—
|
—
|
—
|
| Weighted average shares, basic |
2
+1940.6%
|
1
+19516.2%
|
0
+26489.0%
|
27
+6005.1%
|
7
+1572.8%
|
0
-98.1%
|
0
|
0
|
0
|
| Weighted average shares, diluted |
—
|
1
|
0
|
27
|
—
|
—
|
—
|
—
|
—
|
| Other measures | |||||||||
| Depreciation and amortization |
3
-55.9%
|
0
-84.7%
|
1
-44.1%
|
1
-41.6%
|
1
-56.8%
|
2
-48.2%
|
2
-39.8%
|
2
-42.3%
|
2
+35.5%
|
| EBITDA |
-23
+51.5%
|
-2
+80.4%
|
-15
+21.0%
|
-4
+6.5%
|
-2
+86.8%
|
-8
+83.2%
|
-20
-121.7%
|
-4
+21.9%
|
-16
-80.5%
|
| Interest coverage |
-5,872.48x
|
-191.97x
|
-17.02x
|
-4.74x
|
—
|
-20.86x
|
—
|
—
|
-17.18x
|
| Margins | |||||||||
| Gross margin |
67.89%
|
72.46%
|
73.33%
|
77.62%
|
50.55%
|
69.04%
|
63.00%
|
60.95%
|
58.03%
|
| Operating margin |
-271.07%
|
-105.24%
|
-640.22%
|
-186.37%
|
-112.69%
|
-230.20%
|
-335.45%
|
-63.11%
|
-154.57%
|
| Pretax margin |
-260.78%
|
-164.94%
|
-660.26%
|
-178.38%
|
-28.48%
|
-315.94%
|
-220.50%
|
-43.40%
|
-33.69%
|
| Profit margin |
-260.78%
|
-164.94%
|
-660.26%
|
-178.38%
|
-28.48%
|
-315.95%
|
-220.50%
|
-43.40%
|
-32.23%
|
| EBITDA margin |
-235.47%
|
-90.82%
|
-598.54%
|
-145.97%
|
-74.23%
|
-191.42%
|
-305.40%
|
-43.71%
|
-133.47%
|
How these figures are calculated
Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Services-Amusement & Recreation Services (SIC 7900)
- Listed as
- GMBL (OTC), GMBLP (OTC), GMBLZ (OTC)
- Fiscal year ends
- June 30
- Incorporated in
- NV
- Headquarters
- Malta, Malta
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1451448
- Former names
- VGambling Inc. (until May 3, 2017); VGambling, Inc. (until Apr 1, 2015); DK Sinopharma, Inc. (until Aug 15, 2014); VIRTUAL CLOSET, INC. (until Jun 9, 2010)
Other Services-Amusement & Recreation Services companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.