East Side Games Group First Quarter 2023 Earnings: CA$0.013 loss per share (vs CA$0.007 profit in 1Q 2022)

Simply Wall St

May 13, 2023

East Side Games Group (TSE:EAGR) First Quarter 2023 Results

Key Financial Results

Revenue: CA$24.3m (down 32% from 1Q 2022).
Net loss: CA$1.02m (down by 293% from CA$530.8k profit in 1Q 2022).
CA$0.013 loss per share (down from CA$0.007 profit in 1Q 2022).

earnings-and-revenue-growth — TSX:EAGR Earnings and Revenue Growth May 13th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

East Side Games Group Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Entertainment industry in Canada.

Performance of the Canadian Entertainment industry.

The company's shares are up 1.4% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for East Side Games Group (1 is significant!) that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.