Enthusiast Gaming Holdings Inc. operates in the media, content, entertainment, and esports sectors across North America and internationally. While the company boasts a high gross margin of 88.9% and a reasonable EBITDA margin of 16.1%, its liquidity is concerning, with a current ratio of just 0.09, indicating potential cash flow issues. Additionally, the low market cap of $5.71M and a significant debt-to-equity ratio of 22.01 raise red flags about financial stability. The high margins juxtaposed with a low stock price suggest potential undervaluation, but overall financial health remains a concern.
Loading financial metrics...
Revenue fell 42.5% year-over-year from $56.7M to $32.6M. The decline has persisted for multiple quarters.
Debt of $45.2M is 22.1x the company's cash position of $2.0M.
Operating margin expanded by 24.1pp, demonstrating strong operational leverage.
Both gross margin (+2.9pp) and operating margin (+24.1pp) are expanding simultaneously, indicating the company is scaling profitably.
Exceptional gross margin of 77.7% indicates strong pricing power and competitive moat.
Valuation, risk assessment, competitive positioning, and key insights — all in one report.
Other Internet Content & Information companies of a similar size
Based on 2026-Q2 (June 30, 2026)