ESPORTS ENTERTAINMENT GROUP, INC. (GMBL)
Esports Entertainment Group, Inc. operates as a global iGaming and entertainment company, serving both the United States and international markets. The firm manages a diverse array of online platforms, including esports-focused sites such as Vie.bet and Vie.gg, dedicated to wagering. Its offerings extend to general online sportsbooks and casinos, specifically Sportnation.bet and Bethard, complemented by the iDefix casino platform. Additionally, it provides ggCircuit, a specialized software for local area network centers, which handles essential functions like game licensing and payment processing. Beyond its digital ventures, the group is also involved in organizing professional and amateur esports competitions. Established in 2008, the company was initially known as VGambling, Inc., before adopting its current name, Esports Entertainment Group, Inc., in May 2017. Its principal operations are based in St. Julian's, Malta.
Sector: Services-Amusement & Recreation Services
Industry: Gambling, Resorts & Casinos
Esports Entertainment Group, Inc.
OTC:GMBLConsumer Cyclical · Gambling, Resorts & Casinos
-8.24%$0.1000
Mkt Cap$115K
Float1.15M
O/S1.15M
Inst Own-
SI0.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$6.4M
Net Income-$1.88M
Total Assets$2.46M
Free Cash Flow$0
Debt & Equity
Debt 36%
Preferred 309%
Total Debt$1.7M
Total Equity-$11.67M
Preferred Stock$14.73M
Shares Outstanding
Short Interest
Split History3 splits · 3 reverse
- 1:400Reverse splitDec 22, 2023400 shares → 1
- 1:100Reverse splitFeb 22, 2023100 shares → 1
- 1:15Reverse splitJan 28, 202015 shares → 1
Balance Sheet Details
Assets$2.46M
Liabilities$14.13M
Accounts Receivable$613K
Accounts Payable$4.43M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$1.4M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2009 | FY 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2009-06-30 | 2008-06-30 |
| Revenue | $6.4M | $8.1M | $22.97M | $58.35M | $16.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | -21.0% | -64.7% | -60.6% | 247.7% | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $2.39M | $4.85M | $8.79M | $24.16M | $7.86M | $21K | $300K | $12K | $665 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $4.01M | $3.25M | $14.18M | $34.19M | $8.92M | -$21K | -$300K | -$12K | -$665 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | 62.7% | 40.1% | 61.7% | 58.6% | 53.2% | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $6.74M | $15.39M | $34.85M | $77.05M | $34.65M | $4.05M | $3.01M | $1.98M | $754K | $353K | $134K | $134K | $67K | $20K | $3K |
| Other | $0 | $0 | $9.13M | $58.62M | $0 | $0 | $291K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $6.74M | $15.39M | $43.98M | $135.67M | $34.65M | $4.05M | $3.31M | $1.99M | $754K | $353K | $134K | $134K | $67K | $20K | $3K |
| Operating Income (EBIT) | -$2.72M | -$12.13M | -$20.67M | -$42.61M | -$25.73M | -$4.05M | -$3.01M | -$1.99M | -$754K | -$353K | -$134K | -$134K | -$67K | -$20K | -$3K |
| Operating Margin | -42.6% | -149.8% | -90.0% | -73.0% | -153.3% | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $163K | $47K | $2.49M | $6.42M | $699K | $3.15M | $5.59M | $121 | $58K | $6K | $3K | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $3.15M | $5.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $839K | -$14.77M | -$11.61M | -$65.3M | -$4.46M | -$6.3M | -$3.36M | -$23K | -$84K | $15K | $2K | -$68K | $0 | $0 | $0 |
| Income Before Tax (EBT) | -$1.88M | -$26.9M | -$32.29M | -$107.91M | -$30.18M | -$10.35M | -$6.37M | -$2.03M | -$838K | -$338K | -$302K | -$134K | -$67K | -$20K | $0 |
| Income Tax Expense | $0 | $0 | $376 | -$5.67M | -$3.81M | $2K | $10K | $0 | $0 | $0 | -$301K | -$134K | $0 | $0 | $3K |
| Net Income | -$1.88M | -$26.9M | -$32.29M | -$102.23M | -$26.37M | -$10.35M | -$6.38M | -$2.03M | -$838K | -$338K | -$302K | -$134K | -$67K | -$20K | -$3K |
| Net Income Margin | -29.5% | -332.0% | -140.6% | -175.2% | -157.1% | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||||||||
| EPS | -3.55 | -79.87 | -7850.65 | -142508.00 | -67090.75 | -60179.84 | -44076.71 | -36.86 | -17.35 | -7.34 | -6.87 | -5.81 | -2.89 | -0.22 | -0.04 |
| Diluted EPS | -3.55 | -79.87 | -7850.65 | -142508.00 | -67090.75 | -60179.84 | -44076.71 | -36.86 | -17.35 | -7.34 | -6.87 | -5.81 | -2.89 | -0.22 | -0.04 |
| Weighted Average OS | 1.15M | 709,370 | 4,283 | 722 | 393 | 172 | 145 | 55,035 | 48,290 | 45,990 | 44,004 | 23,144 | 23,144 | 93,034 | 91,667 |
| EBITDA | -$727K | -$24.1M | -$23.28M | -$88.95M | -$25.91M | -$7.18M | -$485K | -$1.99M | -$753K | $22K | -$161K | $67K | $67K | -$20K | -$3K |
| EBITDA Margin | -11.4% | -297.4% | -101.4% | -152.4% | -154.4% | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2009 | FY 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2009-06-30 | 2008-06-30 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $324K | $177K | $1.75M | $2.52M | $19.92M | $12.35M | $43K | $100K | $546K | $48K | $101K | $8K | $0 | $3K | $10K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $324K | $177K | $1.75M | $2.52M | $19.92M | $12.35M | $43K | $100K | $546K | $48K | $101K | $8K | $0 | $3K | $10K |
| Accounts Receivable | $613K | $659K | $1.42M | $3.73M | $3.09M | $0 | $0 | $15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $3.51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $52K | $80K | $180K | -$886K | $4.12M | $0 | $404K | $326K | $302 | $101K | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.05M | $1.02M | $4.04M | $9.97M | $29.71M | $13.12M | $448K | $456K | $623K | $149K | $133K | $8K | $0 | $3K | $10K |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $106K | $208K | $2M | $8K | $17K | $25K | $81K | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $4.49M | $22.28M | $40.94M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $1.4M | $2.4M | $13.32M | $30.35M | $45.77M | $2K | $81K | $124K | $52K | $30K | $30K | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | -$1.87M | $0 | $0 | $0 | $30K | $300 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $1.87M | $0 | $0 | $0 | -$30K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $137K | $2.06M | $1.32M | $7K | $16K | $4K | $4K | -$300 | -$30K | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $1.4M | $2.4M | $18.06M | $54.89M | $90.02M | $17K | $114K | $153K | $137K | $30K | $30K | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.46M | $3.42M | $22.1M | $64.86M | $119.74M | $13.13M | $562K | $610K | $759K | $179K | $163K | $8K | $0 | $3K | $10K |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $4.43M | $4.56M | $4.47M | $5.07M | $2.61M | $499K | $607K | $200K | $29K | $7K | $26K | $32K | $2K | $0 | $0 |
| Short-Term Debt | $92K | $0 | $0 | $35.14M | $223K | $0 | $291K | $0 | $0 | $6K | $0 | $59K | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $10K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $1.93M | $1.24M | $1.65M | $5.25M | $3.08M | $0 | -$4.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $5.55M | $4.31M | $0 | $12.73M | $7.81M | $940K | $4.38M | $0 | $0 | $0 | $0 | -$59K | $0 | $10K | $3K |
| Total Current Liabilities | $12.36M | $10.51M | $8.86M | $65.82M | $12.18M | $1.74M | $900K | $344K | $87K | $90K | $36K | $124K | $23K | $10K | $3K |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $1.61M | $1.45M | $0 | $0 | $6.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $1.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $158K | $991K | $366K | $2.19M | $23.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $1.77M | $2.44M | $366K | $2.86M | $32.77M | $928K | $4.66M | $95K | $58K | $77K | $10K | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | -$928K | $0 | -$95K | -$58K | -$77K | -$10K | $0 | $0 | $0 | $0 |
| Total Liabilities | $14.13M | $12.95M | $9.22M | $68.68M | $44.95M | $1.74M | $5.55M | $344K | $87K | $90K | $36K | $124K | $23K | $10K | $3K |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $14.73M | $12.55M | $25.51M | $7.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1K | $1K | $4K | $41K | $22K | $11K | $6K | $84K | $80K | $70K | $69K | $63K | $63K | $10K | $10K |
| Retained Earnings | -$210.21M | -$208.33M | -$181.43M | -$149.14M | -$46.91M | -$20.54M | -$10.18M | -$3.8M | -$1.77M | -$936K | -$599K | -$296K | -$162K | -$24K | -$3K |
| Comprehensive Income & Other | -$4.44M | -$4.18M | -$4.67M | -$7.38M | -$669K | -$27K | $230K | $379K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $198.54M | $198.8M | $194.3M | $145.28M | $121.67M | $31.92M | $5.19M | $3.99M | $2.37M | $955K | $657K | $118K | $76K | $7K | $0 |
| Total Equity | -$11.67M | -$9.53M | $12.88M | -$3.82M | $74.79M | $11.39M | -$4.99M | $266K | $672K | $89K | $127K | -$115K | -$23K | -$7K | $7K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.46M | $3.42M | $22.1M | $64.86M | $119.74M | $13.13M | $562K | $610K | $759K | $179K | $163K | $8K | $0 | $3K | $10K |
| Supplementary Data | |||||||||||||||
| Total Debt | $1.7M | $1.45M | $96K | $36.17M | $8.04M | $0 | $291K | $0 | $0 | $6K | $0 | $59K | $0 | $0 | $0 |
| Net Debt | $1.38M | $1.28M | -$1.65M | $33.66M | -$11.88M | -$12.35M | $247K | -$100K | -$546K | -$42K | -$101K | $51K | $0 | -$3K | -$10K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2009 | FY 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2009-06-30 | 2008-06-30 |
| Operating Activities | |||||||||||||||
| Net Income | -$1.88M | -$26.9M | -$32.29M | -$102.23M | -$26.37M | -$10.35M | -$6.38M | -$2.03M | -$838K | -$338K | -$302K | -$134K | -$67K | -$20K | -$3K |
| Depreciation & Amortization | $994K | $2.76M | $6.52M | $12.53M | $3.58M | $21K | $300K | $12K | $665 | $353K | $304K | $67K | $67K | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | -$5.67M | -$4.14M | $2.35M | -$2.52M | $53K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $1.15M | $5.17M | $4.13M | $1.61M | $700K | $79K | $255K | $73K | $67K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||
| Accounts Receivable | $99K | $561K | $222K | -$134K | $76K | $0 | $0 | -$15K | -$302 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | -$4.31M | $0 | $0 | -$71K | -$511K | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $805K | $1.99M | $888K | $5.03M | $4.31M | $251K | $197K | $219K | $22K | $3K | -$6K | $30K | $0 | $0 | $0 |
| Other Working Capital | $762K | $287K | -$1.21M | $9.41M | $73K | -$104K | $56K | $113K | $535K | $38K | -$22K | $2K | -$16K | $7K | $3K |
| Total Working Capital Change | $1.67M | $2.84M | -$100K | $8.84M | $149K | $148K | $253K | $246K | $46K | $42K | -$28K | $32K | -$16K | $7K | $3K |
| Other Non-Cash Items | -$674K | $14.67M | $8.97M | $60.36M | $3.77M | $3.95M | $5.63M | $268K | $309K | -$369K | -$300K | -$67K | -$51K | $0 | $0 |
| Net Cash from Operating | $101K | -$6.63M | -$15.75M | -$21.01M | -$18.88M | -$2.27M | -$2.02M | -$1.37M | -$482K | -$239K | -$259K | -$103K | -$67K | -$14K | -$28 |
| Investing Activities | |||||||||||||||
| Capital Expenditures | $0 | -$63K | -$3K | -$138K | -$62K | $0 | $0 | -$3K | -$32K | $0 | -$30K | $0 | $0 | $0 | $0 |
| Acquisitions | $2K | $0 | $2.94M | -$20.07M | -$55.34M | -$500K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $125K | -$730K | $0 | -$12K | -$78K | -$4K | $0 | -$30K | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $2K | -$63K | $2.94M | -$20.08M | -$56.13M | -$500K | -$12K | -$81K | -$107K | $0 | -$30K | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||||||||
| Debt Repaid | - | -$1.41M | $37K | $172K | -$34.92M | -$930K | -$1.99M | - | - | - | - | -$59K | - | - | - |
| Common Stock Issuance | $0 | $6.25M | $9M | $17.51M | $27.34M | $8.41M | $319K | $651K | $1.17M | $116K | $385K | $0 | $0 | $7K | $10K |
| Common Stock Repurchases | $0 | -$2.62M | -$1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $18K | -$949K | $24.1M | $5.73M | -$18K | $354K | $436K | $20K | -$3K | $52K | $67K | $0 | $0 |
| Net Cash from Financing | $92K | $4.7M | $8.68M | $23.49M | $86.36M | $15.08M | $1.98M | $1.01M | $1.09M | $186K | $382K | $111K | $67K | $7K | $10K |
| Forex Effect | -$48K | $257K | $1.23M | -$952K | -$333K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $148K | -$1.74M | -$2.9M | -$18.55M | $11.01M | $12.31M | -$57K | -$446K | $498K | -$53K | $92K | $8K | $0 | -$7K | $10K |
| Supplementary Data | |||||||||||||||
| Operating Cash Flow | $101K | -$6.63M | -$15.75M | -$21.01M | -$18.88M | -$2.27M | -$2.02M | -$1.37M | -$482K | -$239K | -$259K | -$103K | -$67K | -$14K | -$28 |
| Capital Expenditure | -$101K | -$3 | -$3K | -$138K | -$62K | $0 | $0 | -$3K | -$32K | $0 | -$30K | $0 | $0 | $0 | $0 |
| Free Cash Flow | $0 | -$6.63M | -$15.75M | -$21.14M | -$18.95M | -$2.27M | -$2.02M | -$1.37M | -$514K | -$239K | -$289K | -$103K | -$67K | -$14K | -$28 |
| Cash at Beginning | $177K | $1.91M | $4.81M | $23.36M | $12.35M | $43K | $100K | $546K | $48K | $101K | $8K | $0 | $0 | $10K | $0 |
| Cash at End | $324K | $177K | $1.91M | $4.81M | $23.36M | $12.35M | $43K | $100K | $546K | $48K | $101K | $8K | $0 | $3K | $10K |