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10-Q: Quarterly report

10-Q: Quarterly report

10-Q:季度报表
美股sec公告 ·  05/23 12:37
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Esports Entertainment Group, Inc. (EEG) reported a decrease in net revenue to $1.7 million for the quarter ended March 31, 2024, a 60% drop from the previous year's $4.2 million. The decline was attributed to the sale of the Bethard Business and the wind-down of Argyll entities. Cost of revenue fell by 62% to $0.5 million, while sales and marketing expenses decreased by 67% to $0.3 million. General and administrative expenses also saw a reduction of 62% to $2.8 million. The company recorded no loss on disposal of businesses, compared to a $4.2 million loss in the previous year. Other income (expense) improved, with a loss of $1.0 million compared to a $3.6 million loss in the prior year. The net loss for the quarter was $2.8 million, and the net loss attributable...Show More
Esports Entertainment Group, Inc. (EEG) reported a decrease in net revenue to $1.7 million for the quarter ended March 31, 2024, a 60% drop from the previous year's $4.2 million. The decline was attributed to the sale of the Bethard Business and the wind-down of Argyll entities. Cost of revenue fell by 62% to $0.5 million, while sales and marketing expenses decreased by 67% to $0.3 million. General and administrative expenses also saw a reduction of 62% to $2.8 million. The company recorded no loss on disposal of businesses, compared to a $4.2 million loss in the previous year. Other income (expense) improved, with a loss of $1.0 million compared to a $3.6 million loss in the prior year. The net loss for the quarter was $2.8 million, and the net loss attributable to common stockholders was $3.9 million. EEG's liquidity concerns persist, with an accumulated deficit of $206.1 million and net current liabilities of $7.8 million. The company's cash on hand as of May 21, 2024, was approximately $0.6 million. EEG continues to face substantial doubt about its ability to continue as a going concern without additional financing.
电子竞技娱乐集团公司(EEG)报告称,截至2024年3月31日的季度净收入下降至170万美元,较上一年的420万美元下降了60%。下降归因于Bethard业务的出售和阿盖尔实体的关闭。收入成本下降了62%,至50万美元,而销售和营销费用下降了67%,至30万美元。一般和管理费用也减少了62%,至280万美元。该公司的业务处置没有亏损,而去年同期亏损420万美元。其他收入(支出)有所改善,亏损100万美元,而去年同期亏损360万美元。该季度的净亏损为280万美元,归属于普通股股东的净亏损为390万美元。EEG的流动性问题仍然存在,累计赤字为2.061亿美元,净流动负债为780万美元。截至2024年5月21日,该公司的手头现金约为60万美元。EEG对其在没有额外资金的情况下继续作为持续经营企业的能力仍然面临重大怀疑。
电子竞技娱乐集团公司(EEG)报告称,截至2024年3月31日的季度净收入下降至170万美元,较上一年的420万美元下降了60%。下降归因于Bethard业务的出售和阿盖尔实体的关闭。收入成本下降了62%,至50万美元,而销售和营销费用下降了67%,至30万美元。一般和管理费用也减少了62%,至280万美元。该公司的业务处置没有亏损,而去年同期亏损420万美元。其他收入(支出)有所改善,亏损100万美元,而去年同期亏损360万美元。该季度的净亏损为280万美元,归属于普通股股东的净亏损为390万美元。EEG的流动性问题仍然存在,累计赤字为2.061亿美元,净流动负债为780万美元。截至2024年5月21日,该公司的手头现金约为60万美元。EEG对其在没有额外资金的情况下继续作为持续经营企业的能力仍然面临重大怀疑。
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