Overview

* Enthusiast Gaming ( EGLXF ) Q3 revenue declined 32% yr/yr

* Company reports Q3 net income of C$7.0 mln, aided by asset sales

* Gross margin increased to 86.9% in Q3 2025, up from 68.8% in Q3 2024

Outlook

* Company expects seasonal advertising tailwinds to boost Q4 profitability

* Enthusiast Gaming ( EGLXF ) plans new product launches over the next 12 months

* Company focuses on expanding feature offerings and product relevance

Result Drivers

* ASSET SALE - Sale of direct sales business contributed to a net income increase

* CORE FOCUS - Shift to focus on owned platforms led to a gross margin increase

* USER ENGAGEMENT - Increased user engagement and time spent on platforms drove programmatic advertising growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss C$7.30 C$18.50

Revenue mln mln (1

Analyst)

Q3 Net C$7 mln

Income

Q3 Gross C$6.40

Profit mln

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)