Enthusiast Gaming Holdings ROE 2024

Enthusiast Gaming Holdings Aktienanalyse

What does Enthusiast Gaming Holdings do?

Enthusiast Gaming Holdings Inc. is a leading provider of gaming content and communities based in Canada. The company was founded in 2014 by Menashe Kestenbaum and has since become a major player in the esports and gaming industry. Enthusiast Gaming's business model is based on creating communities where gaming fans can connect and engage in discussions about their passion. The company has created various gaming websites and forums where users can create and share content. This includes Reddit, the world's largest gaming forum, which was acquired by Enthusiast Gaming. Additionally, Enthusiast Gaming has an extensive marketing platform that allows advertisers to target the gaming fan audience. The platform offers a variety of advertising opportunities, such as ads, content sponsorship, and newsletter advertising. The various divisions of Enthusiast Gaming are at the core of the company. This includes the Media division, which operates a variety of websites and forums, including Destructoid, Escapist, and The Escapist Magazine. The company also has a strong presence on YouTube and Twitch, where it aims to produce high-quality gaming content. Another important division of Enthusiast Gaming is its esports business. The company hosts numerous esports tournaments and events, including the Luminosity Gaming Series and EGLX, an annual gaming expo. Enthusiast Gaming's esports division has also signed some of the most talented esports players, including the world-famous Fortnite player, Luminosity Gaming Star, Nick Eh 30. Enthusiast Gaming also offers a review platform to ensure the credibility of gaming content. The platform, called "GIZORAMA," collects gaming reviews from various sources and aggregates the information in a structured format for potential buyers. In addition to these divisions, Enthusiast Gaming has also expanded into the e-commerce sector. An example of its product range is the Luminosity Gaming Store, where fans can purchase Luminosity Gaming products such as T-shirts, hoodies, and face masks. Enthusiast Gaming also has experience in developing hardware-related products, including gaming mice and keyboards, with the release of its own brand, Ownr Series. Enthusiast Gaming Holdings has experienced rapid growth in recent years. This is due to the increasing popularity of gaming and esports, as well as the company's ability to build and maintain its communities. In just two years, Enthusiast Gaming Holdings Inc. has increased its number of monthly active users from 80.0 million in 2020 to 300.4 million in 2021. Enthusiast Gaming Holdings Inc. is headquartered in Toronto, Canada, and is listed on the Toronto Stock Exchange under the ticker symbol EGLX and on the NASDAQ Global Market under the ticker symbol EGLX. The company employs over 300 employees in North America and Europe. Enthusiast Gaming Holdings Inc. is a leading company in the gaming industry and aims to be at the forefront of creating unique gaming experiences and content. Thanks to its innovative approaches in various divisions, the company will continue to be a significant provider of gaming content and communities. Enthusiast Gaming Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Enthusiast Gaming Holdings's Return on Equity (ROE)

Enthusiast Gaming Holdings's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Enthusiast Gaming Holdings's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Enthusiast Gaming Holdings's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Enthusiast Gaming Holdings’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Enthusiast Gaming Holdings Stock

What is the ROE (Return on Equity) of Enthusiast Gaming Holdings this year?

The ROE of Enthusiast Gaming Holdings this year is -0.82 undefined.

How has the Return on Equity (ROE) of Enthusiast Gaming Holdings developed compared to the previous year?

The ROE of Enthusiast Gaming Holdings has increased by 173.45% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Enthusiast Gaming Holdings?

A high ROE indicates that Enthusiast Gaming Holdings generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Enthusiast Gaming Holdings?

A low ROE can indicate that Enthusiast Gaming Holdings is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Enthusiast Gaming Holdings affect the company?

A change in ROE (Return on Equity) of Enthusiast Gaming Holdings can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Enthusiast Gaming Holdings?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Enthusiast Gaming Holdings?

Some factors that can influence Enthusiast Gaming Holdings's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Enthusiast Gaming Holdings pay?

Over the past 12 months, Enthusiast Gaming Holdings paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Enthusiast Gaming Holdings is expected to pay a dividend of 0 CAD.

What is the dividend yield of Enthusiast Gaming Holdings?

The current dividend yield of Enthusiast Gaming Holdings is .

When does Enthusiast Gaming Holdings pay dividends?

Enthusiast Gaming Holdings pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Enthusiast Gaming Holdings?

Enthusiast Gaming Holdings paid dividends every year for the past 0 years.

What is the dividend of Enthusiast Gaming Holdings?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Enthusiast Gaming Holdings located?

Enthusiast Gaming Holdings is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Enthusiast Gaming Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Enthusiast Gaming Holdings from 6/19/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 6/19/2024.

When did Enthusiast Gaming Holdings pay the last dividend?

The last dividend was paid out on 6/19/2024.

What was the dividend of Enthusiast Gaming Holdings in the year 2023?

In the year 2023, Enthusiast Gaming Holdings distributed 0 CAD as dividends.

In which currency does Enthusiast Gaming Holdings pay out the dividend?

The dividends of Enthusiast Gaming Holdings are distributed in CAD.