Balance Sheet Enthusiast Gaming Holdings Inc.

Equities

EGLX

CA29385B1094

Software

Delayed Toronto S.E. Other stock markets 15:31:20 17/04/2026 BST			5-day change	1st Jan Change
0.0350 ^CAD	0.00%		+16.67%	-12.50%

04-14	Enthusiast Gaming Q4 Net Loss Narrows	MT
04-14	Enthusiast Gaming Holdings Inc. Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: ENTHUSIAST GAMING HOLDINGS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	167M	203M	178M	72.57M	32.03M
Gain (Loss) on Sale of Assets, Total (Rev)	-	-	-	-	-
Total Revenues	167M	203M	178M	72.57M	32.03M
Cost of Goods Sold, Total	130M	139M	111M	23.44M	4.03M
Gross Profit	37.77M	63.46M	67.42M	49.13M	28M
Selling General & Admin Expenses, Total	48.32M	64.93M	61.7M	35.59M	17.75M
Stock-Based Compensation (IS)	18.92M	7.75M	5.47M	-1.15M	178K
R&D Expenses	10.64M	21.86M	24.9M	17.88M	7.9M
Depreciation & Amortization - (IS)	9.52M	16.71M	10.43M	2.75M	1.55M
Other Operating Expenses, Total	87.4M	111M	103M	55.08M	27.38M
Operating Income	-49.62M	-47.78M	-35.08M	-5.96M	625K
Interest Expense, Total	-2.84M	-3.62M	-2.23M	-2.25M	-1.81M
Interest And Investment Income	51.53K	36.25K	64.32K	8.81K	5.99K
Net Interest Expenses	-2.79M	-3.58M	-2.17M	-2.25M	-1.8M
Income (Loss) On Equity Invest.	-267K	1.24M	456K	18.63K	-
Currency Exchange Gains (Loss)	2.08M	447K	-174K	-339K	53.75K
Other Non Operating Income (Expenses)	-	-	-217K	-2.1M	-1.88M
EBT, Excl. Unusual Items	-50.6M	-49.68M	-37.19M	-10.62M	-3M
Merger & Related Restructuring Charges	-1.49M	-115K	-	-	-
Impairment of Goodwill	-	-31.28M	-64.83M	-72.04M	-
Gain (Loss) On Sale Of Investments	-445K	-	-17.36K	-26.5K	-
Gain (Loss) On Sale Of Assets	-	5.35M	-	319K	-
Asset Writedown	-	-	-24.8M	-10.94M	-
Other Unusual Items	-446K	-3.16M	-1.01M	-3.35M	-6.81M
EBT, Incl. Unusual Items	-52.99M	-78.88M	-128M	-96.67M	-9.81M
Income Tax Expense	-939K	-2.05M	-10.18M	-684K	-134K
Earnings From Continuing Operations	-52.05M	-76.83M	-118M	-95.98M	-9.68M
Earnings Of Discontinued Operations	-	-	-	-	-34.44M
Net Income to Company	-52.05M	-76.83M	-118M	-95.98M	-44.12M
Net Income - (IS)	-52.05M	-76.83M	-118M	-95.98M	-44.12M
Net Income to Common Incl Extra Items	-52.05M	-76.83M	-118M	-95.98M	-44.12M
Net Income to Common Excl. Extra Items	-52.05M	-76.83M	-118M	-95.98M	-9.68M
Per Share Items
Net EPS - Basic	-0.43	-0.54	-0.77	-0.61	-0.28
Basic EPS - Continuing Operations	-0.43	-0.54	-0.77	-0.61	-0.06
Basic Weighted Average Shares Outstanding	121M	144M	153M	156M	159M
Net EPS - Diluted	-0.43	-0.54	-0.77	-0.61	-0.28
Diluted EPS - Continuing Operations	-0.43	-0.54	-0.77	-0.61	-0.06
Diluted Weighted Average Shares Outstanding	121M	144M	153M	156M	159M
Normalized Basic EPS	-0.26	-0.22	-0.15	-0.04	-0.01
Normalized Diluted EPS	-0.26	-0.22	-0.15	-0.04	-0.01
Supplemental Items
EBITDA	-43.2M	-39.6M	-32.15M	-3.93M	1.74M
EBITA	-43.32M	-39.69M	-32.23M	-4.03M	2.02M
EBIT	-49.62M	-47.78M	-35.08M	-5.96M	625K
EBITDAR	-	-39.36M	-31.94M	-3.71M	1.8M
Total Revenues (As Reported)	167M	-	-	-	-
Effective Tax Rate - (Ratio)	1.77	2.6	7.96	0.71	1.36
Total Current Taxes	194K	251K	262K	372K	31.55K
Total Deferred Taxes	-1.13M	-2.3M	-10.44M	-1.06M	-165K
Normalized Net Income	-31.63M	-31.05M	-23.24M	-6.64M	-1.88M
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	1.86M	1.41M	2.33M	2.31M	3.69M
Supplemental Operating Expense Items
Advertising Expense	3.05M	2.68M	4.34M	1.11M	550K
Selling and Marketing Expenses	3.05M	2.68M	4.34M	1.11M	550K
General and Administrative Expenses	14.64M	21.4M	17.27M	7.32M	4.29M
Research And Development Expense From Footnotes	10.64M	21.86M	24.9M	17.88M	7.9M
Net Rental Expense, Total	-	248K	214K	218K	64.53K
Imputed Operating Lease Interest Expense	-	438K	175K	123K	21.81K
Imputed Operating Lease Depreciation	-	-190K	38.97K	94.52K	42.72K
Stock-Based Comp., Other (Total)	19.09M	7.57M	5.47M	-1.15M	178K
Total Stock-Based Compensation	19.09M	7.57M	5.47M	-1.15M	178K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	22.65M	7.42M	6.85M	4.77M	3.26M
Short Term Investments	131K	125K	-	-	-
Total Cash And Short Term Investments	22.79M	7.54M	6.85M	4.77M	3.26M
Accounts Receivable, Total	29.98M	31.59M	30.78M	11.55M	3.93M
Other Receivables	4.18M	6.64M	752K	814K	952K
Notes Receivable	177K	50.94K	-	-	-
Total Receivables	34.34M	38.29M	31.53M	12.36M	4.88M
Prepaid Expenses	2.15M	2.02M	1.82M	2.01M	753K
Total Current Assets	59.27M	47.84M	40.21M	19.14M	8.9M
Gross Property Plant And Equipment	3.4M	2.65M	2M	-	-
Accumulated Depreciation	-262K	-368K	-435K	-	-
Net Property Plant And Equipment	3.13M	2.28M	1.57M	988K	8.76K
Long-term Investments	885K	2.45M	2.89M	-	-
Goodwill	195M	172M	106M	36.35M	31.54M
Other Intangibles, Total	129M	117M	85.42M	71.82M	24.49M
Other Long-Term Assets, Total	262K	280K	182K	149K	-
Total Assets	388M	341M	236M	128M	64.94M
Liabilities
Accounts Payable, Total	25.25M	23.4M	35.25M	9.1M	4.95M
Accrued Expenses, Total	9.14M	9.42M	11.85M	5.92M	3.83M
Current Portion of Long-Term Debt	2.01M	17.44M	21.9M	38.99M	45.58M
Current Portion of Leases	797K	872K	740K	728K	118K
Current Income Taxes Payable	114K	129K	275K	131K	-
Unearned Revenue Current, Total	3.89M	5.38M	6.08M	5.74M	6.24M
Other Current Liabilities	27.24M	2.39M	82.23K	2.32M	525K
Total Current Liabilities	68.45M	59.04M	76.18M	62.93M	61.24M
Long-Term Debt	7.82M	145K	141K	-	-
Long-Term Leases	2.21M	1.48M	939K	296K	-
Deferred Tax Liability Non Current	25.74M	24.67M	14.08M	13.47M	1.92M
Other Non Current Liabilities	20.79M	1.45M	2.08M	-	-
Total Liabilities	125M	86.79M	93.42M	76.7M	63.16M
Common Stock, Total	387M	443M	444M	462M	462M
Additional Paid In Capital	25.49M	30.4M	35.88M	17.6M	17.77M
Retained Earnings	-150M	-227M	-345M	-441M	-485M
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	527K	8.63M	7.2M	13.37M	7.34M
Total Common Equity	263M	255M	143M	51.75M	1.78M
Total Equity	263M	255M	143M	51.75M	1.78M
Total Liabilities And Equity	388M	341M	236M	128M	64.94M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	134M	152M	156M	159M	159M
ECS Total Common Shares Outstanding	134M	152M	154M	159M	159M
Book Value / Share	1.97	1.68	0.92	0.33	0.01
Tangible Book Value	-61.47M	-33.93M	-48.57M	-56.42M	-54.25M
Tangible Book Value Per Share	-0.46	-0.22	-0.31	-0.35	-0.34
Total Debt	12.84M	19.94M	23.72M	40.01M	45.7M
Net Debt	-9.95M	12.4M	16.87M	35.25M	42.44M
Debt Equivalent Oper. Leases	-	1.98M	1.71M	1.74M	516K
Equity Method Investments, Total	885K	2.45M	2.89M	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	423K	457K	469K	-	-
Full Time Employees	200	210	185	130	-
Accumulated Allowance for Doubtful Accounts (Supple)	58.47K	301K	337K	126K	128K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-52.05M	-76.83M	-118M	-95.98M	-44.12M
Depreciation & Amortization - CF	846K	1.01M	988K	829K	155K
Amortization of Goodwill and Intangible Assets - (CF)	6.31M	8.09M	2.86M	1.93M	1.39M
Depreciation & Amortization, Total	7.15M	9.1M	3.85M	2.75M	1.55M
Amortization of Deferred Charges, Total - (CF)	2.37M	7.61M	6.59M	-	-
(Gain) Loss From Sale Of Asset	-	-5.4M	-	-319K	-
(Gain) Loss on Sale of Investments - (CF)	445K	-	17.36K	26.5K	-
Asset Writedown & Restructuring Costs	-	31.28M	89.63M	82.99M	-
(Income) Loss On Equity Investments - (CF)	267K	-1.24M	-456K	-18.63K	-
Stock-Based Compensation (CF)	19.09M	7.57M	5.47M	-1.15M	178K
Net Cash From Discontinued Operations	-	-	-	-	660K
Other Operating Activities, Total	435K	2.31M	-8.88M	2.63M	41.09M
Change In Accounts Receivable	-8.32M	-3.33M	2.87M	19.97M	1.01M
Change In Accounts Payable	7.69M	944K	14.28M	-30.7M	-1.53M
Change in Unearned Revenues	1.28M	1.14M	699K	146K	510K
Change In Income Taxes	-476K	-57.85K	481K	-117K	-194K
Change in Other Net Operating Assets	-1.56M	254K	290K	15.81K	106K
Cash from Operations	-23.68M	-26.64M	-2.84M	-19.75M	-743K
Capital Expenditure	-3.4K	-11.28K	-20.43K	-178K	-840
Cash Acquisitions	-33.82M	-1.19M	-	-	-
Sale (Purchase) of Intangible assets	-	5.46M	-27.49K	2.69M	-
Investment in Marketable and Equity Securities, Total	-125K	6.86K	125K	1.42M	-
Other Investing Activities, Total	-	45.75K	-844K	-85.7K	-435K
Cash from Investing	-33.94M	4.31M	-767K	3.85M	-436K
Long-Term Debt Issued, Total	10.82M	10M	8.36M	20.9M	2.31M
Total Debt Issued	10.82M	10M	8.36M	20.9M	2.31M
Long-Term Debt Repaid, Total	-30.74M	-3.55M	-5.13M	-7.4M	-2.31M
Total Debt Repaid	-30.74M	-3.55M	-5.13M	-7.4M	-2.31M
Issuance of Common Stock	103M	289K	-	-	-
Other Financing Activities, Total	-7.44M	-242K	-142K	-158K	-242K
Cash from Financing	76.01M	6.5M	3.09M	13.34M	-243K
Foreign Exchange Rate Adjustments	-61.21K	590K	-46.79K	477K	-81.28K
Net Change in Cash	18.33M	-15.24M	-564K	-2.09M	-1.5M
Supplemental Items
Cash Income Tax Paid (Refund)	-	157K	152K	539K	246K
Levered Free Cash Flow	22.59M	-31.13M	12.3M	-12.36M	2.05M
Unlevered Free Cash Flow	24.37M	-28.87M	13.69M	-10.95M	3.18M
Change In Net Working Capital	-26.78M	28.74M	-19.76M	11.35M	-1.06M
Net Debt Issued / Repaid	-19.92M	6.45M	3.24M	13.5M	-337

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-10.17	-8.19	-7.59	-2.04	0.4
Return on Total Capital	-13.59	-10.86	-9.94	-2.88	0.56
Return On Equity %	-25.72	-29.7	-59.23	-98.71	-36.17
Return on Common Equity	-25.72	-29.7	-59.23	-98.71	-36.17
Margin Analysis
Gross Profit Margin %	22.57	31.29	37.84	67.69	87.41
SG&A Margin	28.87	32.01	34.63	49.05	55.42
EBITDA Margin %	-25.81	-19.53	-18.04	-5.41	5.43
EBITA Margin %	-25.88	-19.57	-18.09	-5.55	6.3
EBIT Margin %	-29.65	-23.56	-19.69	-8.21	1.95
Income From Continuing Operations Margin %	-31.1	-37.88	-66.04	-132.27	-30.22
Net Income Margin %	-31.1	-37.88	-66.04	-132.27	-137.72
Net Avail. For Common Margin %	-31.1	-37.88	-66.04	-132.27	-30.22
Normalized Net Income Margin	-18.9	-15.31	-13.04	-9.15	-5.86
Levered Free Cash Flow Margin	13.5	-15.35	6.9	-17.03	6.4
Unlevered Free Cash Flow Margin	14.56	-14.23	7.68	-15.08	9.93
Asset Turnover
Asset Turnover	0.55	0.56	0.62	0.4	0.33
Fixed Assets Turnover	52.82	74.93	92.65	56.82	64.25
Receivables Turnover (Average Receivables)	6.9	6.59	5.71	3.43	4.14
Short Term Liquidity
Current Ratio	0.87	0.81	0.53	0.3	0.15
Quick Ratio	0.83	0.78	0.5	0.27	0.13
Operating Cash Flow to Current Liabilities	-0.35	-0.45	-0.04	-0.31	-0.01
Days Sales Outstanding (Average Receivables)	52.88	55.4	63.89	106.75	88.19
Average Days Payable Outstanding	63.48	63.71	96.64	346.18	635.65
Long Term Solvency
Total Debt/Equity	4.89	7.83	16.62	77.32	2.57K
Total Debt / Total Capital	4.66	7.26	14.25	43.61	96.25
LT Debt/Equity	3.82	0.64	0.76	0.57	-
Long-Term Debt / Total Capital	3.64	0.59	0.65	0.32	-
Total Liabilities / Total Assets	32.24	25.42	39.56	59.71	97.26
EBIT / Interest Expense	-17.44	-13.2	-15.72	-2.64	0.35
EBITDA / Interest Expense	-14.93	-10.68	-13.99	-1.42	1.2
(EBITDA - Capex) / Interest Expense	-14.93	-10.69	-14	-1.5	1.2
Total Debt / EBITDA	-0.3	-0.52	-0.76	-12.5	21.02
Net Debt / EBITDA	0.23	-0.32	-0.54	-11.01	19.52
Total Debt / (EBITDA - Capex)	-0.3	-0.52	-0.76	-11.84	21.03
Net Debt / (EBITDA - Capex)	0.23	-0.32	-0.54	-10.43	19.53
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	129.38	21.19	-12.16	-59.27	-23.11
Gross Profit, 1 Yr. Growth %	102.34	68.01	6.24	-27.14	-9.89
EBITDA, 1 Yr. Growth %	212.31	-8.33	-26.02	-84.63	550.63
EBITA, 1 Yr. Growth %	210.26	-8.37	-26	-84.28	194.33
EBIT, 1 Yr. Growth %	194.24	-3.71	-26.57	-83.02	-150.4
Earnings From Cont. Operations, 1 Yr. Growth %	93.83	47.62	53.16	-18.43	-89.23
Net Income, 1 Yr. Growth %	93.83	47.62	53.16	-18.43	-54.03
Normalized Net Income, 1 Yr. Growth %	110.47	-1.83	-25.14	-71.45	-46.53
Diluted EPS Before Extra, 1 Yr. Growth %	33.59	24.45	43.5	-20.15	-89.41
Accounts Receivable, 1 Yr. Growth %	61.89	5.39	-2.57	-62.48	-65.97
Net Property, Plant and Equip., 1 Yr. Growth %	-2.17	-27.22	-31.34	-36.88	-99.11
Total Assets, 1 Yr. Growth %	74.42	-11.95	-30.84	-45.6	-49.44
Tangible Book Value, 1 Yr. Growth %	35.34	-44.8	43.15	16.15	-3.84
Common Equity, 1 Yr. Growth %	85.22	-3.09	-43.96	-63.74	-96.56
Cash From Operations, 1 Yr. Growth %	59.05	12.51	-89.33	594.58	-96.24
Capital Expenditures, 1 Yr. Growth %	-53.19	231.9	81.15	770.5	-84.16
Levered Free Cash Flow, 1 Yr. Growth %	-393.33	-237.88	-139.5	-200.47	-116.47
Unlevered Free Cash Flow, 1 Yr. Growth %	-650.16	-218.46	-147.43	-179.94	-128.82
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	270.24	66.73	3.18	-40.19	-57.6
Gross Profit, 2 Yr. CAGR %	175.85	84.38	33.6	-12.02	-35.56
EBITDA, 2 Yr. CAGR %	56.02	69.2	-13.73	-69.93	-73.91
EBITA, 2 Yr. CAGR %	56.14	68.61	-13.75	-69.58	-71.94
EBIT, 2 Yr. CAGR %	56.75	68.32	-15.92	-64.69	-86.65
Earnings From Cont. Operations, 2 Yr. CAGR %	-18.6	69.15	50.36	11.77	-71.32
Net Income, 2 Yr. CAGR %	-18.6	69.15	50.36	11.77	-38.77
Normalized Net Income, 2 Yr. CAGR %	47.28	43.74	-14.28	-53.77	-71.58
Diluted EPS Before Extra, 2 Yr. CAGR %	-54.46	28.94	33.64	7.05	-71.86
Accounts Receivable, 2 Yr. CAGR %	141.07	30.62	1.33	-39.54	-64.27
Net Property, Plant and Equip., 2 Yr. CAGR %	74.28	-15.62	-29.31	-34.17	-92.52
Total Assets, 2 Yr. CAGR %	51.32	23.93	-21.97	-38.67	-47.56
Tangible Book Value, 2 Yr. CAGR %	58.01	-13.56	-11.11	28.95	5.69
Common Equity, 2 Yr. CAGR %	48.81	33.98	-26.3	-54.92	-88.83
Cash From Operations, 2 Yr. CAGR %	21.38	33.77	-65.35	-13.9	-48.87
Capital Expenditures, 2 Yr. CAGR %	-84.38	24.65	145.2	297.1	-79.72
Levered Free Cash Flow, 2 Yr. CAGR %	303.2	101.04	-26.2	-37	-59.17
Unlevered Free Cash Flow, 2 Yr. CAGR %	177.9	155.29	-25.05	-38.43	-51.8
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	155.16	34.66	-24.31	-45.95
Gross Profit, 3 Yr. CAGR %	-	133.82	53.43	9.15	-23.87
EBITDA, 3 Yr. CAGR %	-	30.68	32.46	-55.03	-65.79
EBITA, 3 Yr. CAGR %	243.35	30.73	32.16	-54.69	-64.08
EBIT, 3 Yr. CAGR %	259.26	33.25	27.66	-50.67	-76.44
Earnings From Cont. Operations, 3 Yr. CAGR %	256.13	-0.73	63.64	22.63	-49.87
Net Income, 3 Yr. CAGR %	256.13	-0.73	63.64	22.63	-16.88
Normalized Net Income, 3 Yr. CAGR %	252.81	28.65	15.65	-40.58	-60.75
Diluted EPS Before Extra, 3 Yr. CAGR %	86.3	-36.33	33.62	12.56	-51.57
Accounts Receivable, 3 Yr. CAGR %	-	82.97	18.46	-27.23	-50.08
Net Property, Plant and Equip., 3 Yr. CAGR %	-	30.27	-21.23	-31.93	-84.34
Total Assets, 3 Yr. CAGR %	304.36	26.33	2.03	-30.81	-42.49
Tangible Book Value, 3 Yr. CAGR %	124.35	11.29	2.27	-2.82	16.93
Common Equity, 3 Yr. CAGR %	264.11	28.99	0.2	-41.82	-80.87
Cash From Operations, 3 Yr. CAGR %	395.68	18.35	-42.41	-5.87	-69.67
Capital Expenditures, 3 Yr. CAGR %	-	-56.74	41.19	274.06	-57.93
Levered Free Cash Flow, 3 Yr. CAGR %	-	181.9	16.87	-18.21	-59.62
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	109.14	45.67	-23.42	-52.06
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	42.83	-15.18
Gross Profit, 5 Yr. CAGR %	-	-	-	58.16	8.45
EBITDA, 5 Yr. CAGR %	-	-	-	-26.04	-33.94
EBITA, 5 Yr. CAGR %	-	-	97.58	-25.67	-32.08
EBIT, 5 Yr. CAGR %	-	-	100.97	-21.67	-48.27
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	152.24	4.09	-18.46
Net Income, 5 Yr. CAGR %	-	-	152.24	4.09	10.44
Normalized Net Income, 5 Yr. CAGR %	-	-	100.34	-14.57	-34.03
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	63.12	-21.62	-28.35
Accounts Receivable, 5 Yr. CAGR %	-	-	-	17.49	-26.65
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-0.85	-69.29
Total Assets, 5 Yr. CAGR %	-	-	109.4	-5.38	-21.82
Tangible Book Value, 5 Yr. CAGR %	-	-	54.92	18.04	3.62
Common Equity, 5 Yr. CAGR %	-	-	92.18	-15.29	-58.33
Cash From Operations, 5 Yr. CAGR %	-	-	71.01	4.21	-45.09
Capital Expenditures, 5 Yr. CAGR %	-	-	-	5.01	-35.03
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	54.8	-23.26
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	28.24	-6.41