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GMBL Financial Statements and Analysis

NASDAQ : GMBL

Esports Entertainment Group, Inc.

$0.23
0.0009+0.39%
At Close 4:00 PM
$0.30
0.07+30.30%
After-Market 09:30 AM
65.25
BESG ScoreESG Rating

GMBL FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

GMBL Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-03-312023-12-312023-09-302023-06-302023-03-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue1.723M2.582M2.69M2.775M4.176M
cost of revenue474.70K688.532K602.026K1.372M1.293M
gross profit1.249M1.893M2.088M1.403M2.883M
gross profit ratio0.7250.7330.7760.5050.69
research and development expenses00000
general and administrative expenses2.80M4.784M6.188M4.502M7.369M
selling and marketing expenses262.849K658.846K913.096K729.113K928.692K
selling general and administrative expenses3.062M5.443M7.101M5.231M8.298M
other expenses0-15.096K-18.518K-33.016K247.98K
operating expenses3.062M5.443M7.101M5.231M8.298M
cost and expenses3.537M6.131M7.703M6.604M9.591M
interest income0004.938K460.914K
interest expense9.448K00-4.938K460.914K
depreciation and amortization286.061K1.10M1.105M1.044M1.892M
ebitda-2.547M-15.948M-3.908M-2.818M-3.523M
ebitda ratio-1.478-0.954-1.46-1.015-0.844
operating income-1.814M-16.531M-5.013M-3.127M-5.415M
operating income ratio-1.052-6.402-1.864-1.127-1.297
total other income expenses net-1.029M-16.993M214.989K3.033M-7.779M
income before tax-2.843M-17.048M-4.798M-790.231K-13.194M
income before tax ratio-1.649-6.603-1.784-0.285-3.159
income tax expense014.362M13.763M550.306K376.00
net income-2.843M-17.048M-4.798M-1.309M-13.194M
net income ratio-1.649-6.603-1.784-0.472-3.159
eps-3.43-35.04-70.12-138.39-2.259K
eps diluted-3.43-35.04-70.12-138.39-2.259K
weighted average shs out1.146M486.579K68.432K9.46K5.842K
weighted average shs out dil1.146M486.579K68.432K9.46K5.842K
Graph

GMBL Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-03-312023-12-312023-09-302023-06-302023-03-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents957.112K1.102M302.934K1.745M1.876M
short term investments00000
cash and short term investments957.112K1.102M302.934K1.745M1.876M
net receivables272.852K812.781K1.445M1.423M1.63M
inventory362.294K2.672M420.292K862.725K1.635M
other current assets385.125K2.753M490.013K11.609K307.126K
total current assets1.977M4.667M2.238M4.043M5.448M
property plant equipment net21.154K43.305K78.326K105.53K136.461K
goodwill004.386M4.491M4.474M
intangible assets2.645M2.894M12.051M13.325M14.37M
goodwill and intangible assets2.645M2.894M16.437M17.816M18.845M
long term investments00000
tax assets00000
other non current assets00136.863K136.863K4.844K
total non current assets2.667M2.937M16.652M18.058M18.986M
other assets00000
total assets4.644M7.604M18.89M22.101M24.435M
account payables4.417M4.513M4.807M4.47M4.654M
short term debt24.412K49.50K140.86K95.903K16.035M
tax payables00000
deferred revenue1.202M1.539M1.768M1.653M2.075M
other current liabilities4.155M6.332M4.614M2.636M4.241M
total current liabilities9.799M10.076M10.16M8.855M27.005M
long term debt1.414M00018.073K
deferred revenue non current00000
deferred tax liabilities non current00000
other non current liabilities13.005M86.25K160.361K365.726K3.008M
total non current liabilities14.42M2.443M160.361K365.726K3.026M
other liabilities00000
capital lease obligations24.412K49.50K70.43K95.903K117.261K
total liabilities24.219M12.519M10.321M9.221M30.031M
preferred stock014.327M17.282M25.508M8.007M
common stock1.146K1.146K58.879K3.784K3.262K
retained earnings-206.115M-203.272M-186.224M-181.426M-180.636M
accumulated other comprehensive income loss-4.431M-4.442M-5.002M-4.667M-4.793M
other total stockholders equity190.97M200.303M190.616M173.462M171.822M
total stockholders equity-19.575M-4.915M8.569M12.88M-5.596M
total equity-19.575M-4.915M8.569M12.88M-5.596M
total liabilities and stockholders equity4.644M7.604M18.89M22.101M24.435M
minority interest00000
total investments00000
total debt1.439M49.50K70.43K95.903K16.053M
net debt481.748K-1.052M-232.504K-1.649M14.177M
Graph

GMBL Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-03-312023-12-312023-09-302023-06-302023-03-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax376.0012.347M-1.298M00
stock based compensation205.079K21.078K21.078K21.079K205.079K
change in working capital46.278K232.997K1.724M-1.321M1.594M
accounts receivables67.533K40.276K-19.324K367.458K417.214K
inventory0403.191K292.359K1.06M0
accounts payables038.022K1.318M-1.06M103.769K
other working capital-111.445K-248.492K133.573K-1.688M1.073M
other non cash items1.038M1.421M1.093M-3.175M6.766M
net cash provided by operating activities-1.472M-1.926M-2.153M-4.22M-2.985M
investments in property plant and equipment0-2.659K-60.131K3.321K0
acquisitions net000-2.94M2.94M
purchases of investments00000
sales maturities of investments00000
other investing activites00-60.131K00
net cash used for investing activites0-2.659K-60.131K-2.937M2.94M
debt repayment-1.405M00-679.976K-404.00
common stock issued05.249M193.50K-5.042M11.284K
common stock repurchased-2.296M004.076M-1.00K
dividends paid0-133.752K-200.628K-200.628K-200.628K
other financing activites00806.50K4.925M9.88K
net cash used provided by financing activities-889.822K4.793M799.372K3.078M-190.748K
effect of forex changes on cash-65.883K174.532K-87.278K206.893K1.725M
net change in cash-2.428M3.039M-1.501M-935.142K1.489M
cash at end of period1.024M3.452M412.581K1.914M2.849M
cash at beginning of period3.452M412.581K1.914M2.849M1.36M
operating cashflow-1.472M-1.926M-2.153M-4.22M-2.985M
capital expenditure0-2.659K-60.131K3.321K0
free cash flow-1.472M-1.928M-2.213M-4.217M-2.985M
Graph

Frequently Asked Questions

How did Esports Entertainment Group, Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, GMBL generated $1.72M in revenue last quarter, while its costs came in at $474.70K.

Last quarter, how much Gross Profit did Esports Entertainment Group, Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Esports Entertainment Group, Inc. reported a $1.25M Gross Profit for the quarter ended Mar 31, 2024.

Have GMBL's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. GMBL incurred $3.06M worth of Operating Expenses, while it generated -$1.81M worth of Operating Income.

How much Net Income has GMBL posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Esports Entertainment Group, Inc., the company generated -$2.84M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Esports Entertainment Group, Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Esports Entertainment Group, Inc. as of the end of the last quarter was $957.11K.

What are GMBL's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, GMBL had Total Net Receivables of $272.85K.

In terms of Total Assets and Current Assets, where did Esports Entertainment Group, Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of GMBL were $1.98M, while the Total Assets stand at $4.64M.

As of the last quarter, how much Total Debt did Esports Entertainment Group, Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of GMBL's debt was $1.44M at the end of the last quarter.

What were GMBL's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, GMBL reported total liabilities of $24.22M.

How much did GMBL's Working Capital change over the last quarter?

Working Capital Change for GMBL was $46.28K over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

GMBL generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. GMBL generated -$1.47M of Cash from Operating Activities during its recently reported quarter.

What was GMBL's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. GMBL reported a -$2.43M Net Change in Cash in the most recent quarter.

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