Canada's Enthusiast Gaming Q1 revenue rises 5% yr/yr

Enthusiast Gaming Holdings

14/05/2026 22:09

Overview

Canada gaming media firm's Q1 revenue rose 5% yr/yr to C$9.4 mln

Adjusted EBITDA for Q1 improved to C$1.7 mln from C$0.7 mln last year

CEO Alex Macdonald appointed to board of directors

Outlook

Company did not provide specific guidance for future quarters or the full year

Result Drivers

WEB PROGRAMMATIC & EVENTS - Revenue growth was mainly driven by higher web programmatic revenue and increased events revenue from PGC London 2026

MEDIA & CONTENT GROWTH - Media and Content revenue rose 22% yr/yr, primarily due to an increase in sessions

SUBSCRIPTION DECLINE - Subscription revenue fell 14% yr/yr, mainly due to a decrease in TSR subscribers and lower average subscription pricing

Company press release: ID:nNFC5BjtH9

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
C$9.44 mln
Q1 Net Income
-C$1.54 mln
Q1 Gross Profit
C$8 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.)