Stock Analysis
- Canada
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- Entertainment
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- TSX:EAGR
East Side Games Group First Quarter 2024 Earnings: EPS: CA$0.023 (vs CA$0.013 loss in 1Q 2023)
East Side Games Group (TSE:EAGR) First Quarter 2024 Results
Key Financial Results
- Revenue: CA$20.8m (down 14% from 1Q 2023).
- Net income: CA$1.89m (up from CA$1.02m loss in 1Q 2023).
- Profit margin: 9.1% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses.
- EPS: CA$0.023 (up from CA$0.013 loss in 1Q 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 6.8% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Entertainment industry in Canada.
Performance of the Canadian Entertainment industry.
The company's shares are up 2.5% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for East Side Games Group that you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if East Side Games Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About TSX:EAGR
East Side Games Group
Through its subsidiaries, develops, operates, and publishes free-to-play casual mobile games in Canada, the United States, Europe, and internationally.