Canada's Enthusiast Gaming Q2 adj EBITDA more than doubles
Canada's Enthusiast Gaming Q2 adj EBITDA more than doubles
Overview
Canada gaming media firm's Q2 revenue fell yr/yr, mainly on lower subscription revenue
Adjusted EBITDA more than doubled yr/yr, marking fourth straight quarter of positive results
Net income was C$0.3 mln, reversing a large loss in Q2 2025
Outlook
Company expects seasonally stronger performance in H2, especially in Q4 and Q1
Result Drivers
SUBSCRIPTION REVENUE DECLINE - Co said revenue fell mainly due to lower subscription revenue, driven by a decrease in TSR subscribers and lower average monthly pricing
USER AND ENGAGEMENT GROWTH - Co reported significant year-over-year increase in users and engagement across core product portfolio
Company press release: ID:nNFC3yyMQV
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| C$6.90 mln |
|
Q2 Net Income |
| C$300,000 |
|
Q2 Gross Profit |
| C$6.20 mln |
|
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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.)