Enthusiast Gaming Holdings Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|
| Total Revenue | 178.2M | 202.8M | 167.4M |
| Operating Revenue | 178.2M | 202.8M | 167.4M |
| Cost Of Revenue | 110.8M | 139.4M | 129.6M |
| Gross Profit | 67.4M | 63.5M | 37.8M |
| Selling General And Administration | 64.6M | 68.3M | 67.2M |
| General And Administrative Expense | 60.3M | 65.6M | 64.2M |
| Research And Development | 24.9M | 21.9M | 10.6M |
| Depreciation And Amortization In Income Statement | 10.4M | 16.7M | 9.5M |
| Other Operating Expenses | 2.5M | 4.4M | 5.5M |
| Operating Expense | 102.5M | 111.2M | 87.4M |
| Operating Income | -35.1M | -47.8M | -49.6M |
| EBIT | -125.4M | -75.3M | -50.1M |
| Interest Expense | 2.4M | 3.6M | 2.8M |
| Interest Expense Non Operating | 2.4M | 3.6M | 2.8M |
| Interest Income | 64,316 | 36,252 | 51,529 |
| Interest Income Non Operating | 64,316 | 36,252 | 51,529 |
| Net Interest Income | -2.4M | -3.6M | -2.8M |
| Other Income Expense | -90.4M | -27.5M | -568,549 |
| Other Non Operating Income Expenses | -592,053 | -2.7M | -169,716 |
| Special Income Charges | -90.1M | -26.5M | -1.8M |
| Restructuring And Mergern Acquisition | 0.00 | 114,853 | 1.5M |
| Write Off | 3.4M | 0.00 | -- |
| Gain On Sale Of Security | -174,399 | 446,625 | 1.6M |
| Earnings From Equity Interest | 456,062 | 1.2M | -266,641 |
| Pretax Income | -127.8M | -78.9M | -53.0M |
| Tax Provision | -10.2M | -2.1M | -939,465 |
| Tax Effect Of Unusual Items | -7.2M | -678,115 | -2,344 |
| Net Income From Continuing And Discontinued Operation | -117.7M | -76.8M | -52.0M |
| Net Income From Continuing Operation Net Minority Interest | -117.7M | -76.8M | -52.0M |
| Net Income Including Noncontrolling Interests | -117.7M | -76.8M | -52.0M |
| Net Income Common Stockholders | -117.7M | -76.8M | -52.0M |
| Net Income | -117.7M | -76.8M | -52.0M |
| EBITDA | -115.0M | -58.6M | -40.6M |
| Normalized EBITDA | -24.7M | -32.5M | -40.5M |
| Reconciled Depreciation | 10.4M | 16.7M | 9.5M |
| Basic EPS | -0.77 | -0.54 | -0.43 |
| Diluted EPS | -0.77 | -0.54 | -0.43 |
| Basic Average Shares | 153.2M | 143.5M | 121.0M |
| Diluted Average Shares | 153.2M | 143.5M | 121.0M |
| Total Unusual Items | -90.2M | -26.1M | -132,192 |
| Total Unusual Items Excluding Goodwill | -90.2M | -26.1M | -132,192 |
| Tax Rate For Calcs | 0.08 | 0.03 | 0.02 |
| Normalized Income | -34.6M | -51.4M | -51.9M |
| Amortization | 9.4M | 15.7M | -- |
| Amortization Of Intangibles Income Statement | 9.4M | 15.7M | -- |
| Depreciation Amortization Depletion Income Statement | 10.4M | 16.7M | 9.5M |
| Depreciation Income Statement | 987,505 | 1.0M | -- |
| Diluted NI Availto Com Stockholders | -117.7M | -76.8M | -52.0M |
| Gain On Sale Of Ppe | 0.00 | 5.4M | 0.00 |
| Impairment Of Capital Assets | 86.3M | 31.3M | 0.00 |
| Net Income Continuous Operations | -117.7M | -76.8M | -52.0M |
| Net Non Operating Interest Income Expense | -2.4M | -3.6M | -2.8M |
| Other Gand A | 17.3M | 21.4M | 20.1M |
| Other Special Charges | 419,953 | 482,282 | 276,739 |
| Reconciled Cost Of Revenue | 110.8M | 139.4M | 129.6M |
| Salaries And Wages | 43.0M | 44.2M | 44.1M |
| Selling And Marketing Expense | 4.3M | 2.7M | 3.0M |
| Total Expenses | 213.3M | 250.6M | 217.0M |
| Line Item | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|
| Cash And Cash Equivalents | 6.9M | 7.4M | 22.7M |
| Cash Cash Equivalents And Short Term Investments | 6.9M | 7.5M | 22.8M |
| Cash Financial | 6.9M | 7.4M | 22.7M |
| Other Short Term Investments | 0.00 | 125,000 | 131,342 |
| Accounts Receivable | 31.1M | 31.9M | 30.0M |
| Receivables | 31.5M | 38.3M | 34.3M |
| Prepaid Assets | 1.8M | 2.0M | 2.1M |
| Current Assets | 40.2M | 47.8M | 59.3M |
| Gross PPE | 2.0M | 2.6M | 3.4M |
| Accumulated Depreciation | -434,547 | -367,838 | -262,008 |
| Net PPE | 1.6M | 2.3M | 3.1M |
| Goodwill | 105.9M | 171.6M | 195.1M |
| Goodwill And Other Intangible Assets | 191.3M | 288.6M | 324.2M |
| Other Intangible Assets | 85.4M | 117.0M | 129.1M |
| Investments And Advances | 2.9M | 2.5M | 885,269 |
| Long Term Equity Investment | 2.9M | 2.5M | 885,269 |
| Total Non Current Assets | 195.9M | 293.6M | 328.5M |
| Total Assets | 236.1M | 341.4M | 387.8M |
| Current Debt | 21.9M | 17.4M | 2.0M |
| Current Debt And Capital Lease Obligation | 22.6M | 18.3M | 2.8M |
| Accounts Payable | 35.2M | 23.4M | 25.2M |
| Payables | 35.5M | 23.5M | 25.4M |
| Payables And Accrued Expenses | 47.4M | 33.0M | 34.5M |
| Current Accrued Expenses | 11.9M | 9.4M | 9.1M |
| Current Deferred Revenue | 6.1M | 5.4M | 3.9M |
| Current Liabilities | 76.2M | 59.0M | 68.4M |
| Long Term Debt | 140,613 | 144,844 | 7.8M |
| Long Term Debt And Capital Lease Obligation | 1.1M | 1.6M | 10.0M |
| Long Term Capital Lease Obligation | 938,845 | 1.5M | 2.2M |
| Total Non Current Liabilities Net Minority Interest | 17.2M | 27.7M | 56.6M |
| Total Liabilities Net Minority Interest | 93.4M | 86.8M | 125.0M |
| Common Stock | 444.5M | 442.8M | 387.1M |
| Capital Stock | 444.5M | 442.8M | 387.1M |
| Additional Paid In Capital | 35.9M | 30.4M | 25.5M |
| Retained Earnings | -344.8M | -227.2M | -150.3M |
| Gains Losses Not Affecting Retained Earnings | 7.2M | 8.6M | 527,166 |
| Other Equity Adjustments | 7.2M | 8.6M | 527,166 |
| Common Stock Equity | 142.7M | 254.7M | 262.8M |
| Stockholders Equity | 142.7M | 254.7M | 262.8M |
| Total Equity Gross Minority Interest | 142.7M | 254.7M | 262.8M |
| Total Capitalization | 142.9M | 254.8M | 270.6M |
| Net Tangible Assets | -48.6M | -33.9M | -61.5M |
| Tangible Book Value | -48.6M | -33.9M | -61.5M |
| Working Capital | -36.0M | -11.2M | -9.2M |
| Invested Capital | 164.8M | 272.2M | 272.6M |
| Total Debt | 23.7M | 19.9M | 12.8M |
| Net Debt | 15.2M | 10.2M | -- |
| Share Issued | 154.4M | 151.8M | 133.5M |
| Ordinary Shares Number | 154.4M | 151.8M | 133.5M |
| Buildings And Improvements | -- | 2.1M | 2.9M |
| Capital Lease Obligations | 1.7M | 2.4M | 3.0M |
| Current Capital Lease Obligation | 740,212 | 872,429 | 796,835 |
| Current Deferred Liabilities | 6.2M | 7.8M | 31.1M |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | -- | -- | 0.00 |
| Income Tax Payable | 274,924 | 129,485 | 114,094 |
| Investmentin Financial Assets | -- | -- | 0.00 |
| Investmentsin Associatesat Cost | -- | 2.4M | 826,360 |
| Investmentsin Joint Venturesat Cost | -- | 12,236 | 58,909 |
| Leases | 89,846 | 91,544 | 86,919 |
| Loans Receivable | 0.00 | 50,935 | 176,931 |
| Machinery Furniture Equipment | 421,624 | 408,051 | 377,338 |
| Non Current Deferred Liabilities | 16.2M | 26.1M | 46.5M |
| Non Current Deferred Taxes Liabilities | 14.1M | 24.7M | 25.7M |
| Non Current Prepaid Assets | 182,108 | 279,814 | 261,922 |
| Other Current Borrowings | 21.9M | 17.4M | 2.0M |
| Other Properties | 1.5M | 2.1M | 45,739 |
| Other Receivables | 611,452 | 5.9M | 3.7M |
| Properties | 0.00 | 0.00 | 0.00 |
| Receivables Adjustments Allowances | -336,633 | -300,735 | -58,472 |
| Taxes Receivable | 141,018 | 735,219 | 499,065 |
| Total Tax Payable | 274,924 | 129,485 | 114,094 |
| Line Item | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|
| Operating Cash Flow | -2.8M | -26.6M | -23.7M |
| Cash Flow From Continuing Operating Activities | -2.8M | -26.6M | -23.7M |
| Depreciation And Amortization | 10.4M | 16.7M | 9.5M |
| Depreciation Amortization Depletion | 10.4M | 16.7M | 9.5M |
| Stock Based Compensation | 5.5M | 7.8M | 18.9M |
| Deferred Tax | -10.4M | -2.3M | -1.1M |
| Deferred Income Tax | -10.4M | -2.3M | -1.1M |
| Change In Working Capital | 18.8M | -889,092 | -1.1M |
| Changes In Account Receivables | 2.9M | -3.3M | -8.3M |
| Change In Receivables | 2.9M | -3.2M | -8.3M |
| Change In Payables And Accrued Expense | 14.3M | 944,457 | 7.7M |
| Change In Payable | 14.3M | 944,457 | 7.7M |
| Change In Other Working Capital | 1.3M | 1.2M | 1.1M |
| Other Non Cash Items | 783,775 | 945,860 | 1.7M |
| Capital Expenditure | -47,918 | -11,278 | -3,398 |
| Purchase Of PPE | -20,430 | -11,278 | -3,398 |
| Net PPE Purchase And Sale | -20,430 | -11,278 | -3,398 |
| Purchase Of Business | 0.00 | -2.9M | -36.3M |
| Sale Of Business | 0.00 | 1.7M | 2.4M |
| Sale Of Investment | 125,000 | 6,865 | 0.00 |
| Net Investment Purchase And Sale | 125,000 | 6,865 | 0.00 |
| Investing Cash Flow | -767,268 | 4.3M | -33.9M |
| Cash Flow From Continuing Investing Activities | -767,268 | 4.3M | -33.9M |
| Issuance Of Debt | 8.2M | 9.8M | 10.8M |
| Repayment Of Debt | -5.1M | -3.5M | -30.7M |
| Net Issuance Payments Of Debt | 3.1M | 6.2M | -19.9M |
| Issuance Of Capital Stock | -- | 0.00 | 95.1M |
| Net Common Stock Issuance | -- | 0.00 | 95.1M |
| Financing Cash Flow | 3.1M | 6.5M | 76.0M |
| Cash Flow From Continuing Financing Activities | 3.1M | 6.5M | 76.0M |
| Effect Of Exchange Rate Changes | -46,793 | 590,220 | -61,214 |
| Changes In Cash | -516,757 | -15.8M | 18.4M |
| Beginning Cash Position | 7.4M | 22.7M | 4.3M |
| End Cash Position | 6.9M | 7.4M | 22.7M |
| Free Cash Flow | -2.9M | -26.7M | -23.7M |
| Asset Impairment Charge | 89.7M | 31.3M | 0.00 |
| Change In Account Payable | 14.3M | 944,457 | 7.7M |
| Change In Prepaid Assets | 289,713 | 128,180 | -1.6M |
| Common Stock Issuance | -- | 0.00 | 95.1M |
| Earnings Losses From Equity Investments | -456,062 | -1.2M | 266,641 |
| Gain Loss On Sale Of PPE | 0.00 | -5.4M | 0.00 |
| Long Term Debt Issuance | 8.2M | 9.8M | 10.8M |
| Long Term Debt Payments | -5.1M | -3.5M | -30.7M |
| Net Business Purchase And Sale | 0.00 | -1.2M | -33.9M |
| Net Foreign Currency Exchange Gain Loss | 245,058 | -775,004 | -172,776 |
| Net Income From Continuing Operations | -117.7M | -76.8M | -52.0M |
| Net Intangibles Purchase And Sale | -27,488 | 5.5M | 0.00 |
| Net Long Term Debt Issuance | 3.1M | 6.2M | -19.9M |
| Net Other Investing Changes | -844,350 | 45,748 | -- |
| Operating Gains Losses | 208,949 | -3.6M | 358,613 |
| Proceeds From Stock Option Exercised | 0.00 | 289,034 | 784,431 |
| Provisionand Write Offof Assets | 105,512 | 479,007 | 0.00 |
| Purchase Of Intangibles | -27,488 | 0.00 | -- |
| Sale Of Intangibles | 0.00 | 5.5M | 0.00 |
| Taxes Refund Paid | -151,793 | -156,784 | -301,975 |
| Unrealized Gain Loss On Investment Securities | -- | 0.00 | 444,764 |