Press Release: Enthusiast Gaming Reports Third -2-

新聞稿：發燒友遊戲報告第三篇 -2-

Dow Jones Newswires · 2021/11/11 06:13


Enthusiast Gaming 
Holdings Inc. 
Condensed Consolidated Interim Statements of Loss 
 and Comprehensive Loss 
For the three and nine 
months ended September 
30, 2021 and 2020 
(Unaudited - Expressed in 
Canadian Dollars) 
                            For the three months ended     For the nine months ended 
                           September 30,   September    September 30,    September 30, 
                                2021        30, 2020         2021                 2020 
 Revenue 
  Revenue                  $ 43,341,907   $16,328,946   $110,421,843   $ 30,287,614 
  Gain on player buyout               -             -              -        204,764 
  -----------------------   -----------    ----------    -----------    ----------- 
 Total revenue               43,341,907    16,328,946    110,421,843     30,492,378 
 Cost of sales               33,216,294    12,268,906     86,345,922     19,917,990 
                            ----------- 
 Gross margin                10,125,613     4,060,040     24,075,921     10,574,388 
 ------------------------   -----------    ----------    -----------    ----------- 
 Operating expenses 
  Professional fees             434,862       549,942      2,385,837      1,463,887 
  Consulting fees               725,408     1,336,461      3,111,761      3,725,135 
  Advertising and 
   promotion                    609,587       215,410      2,465,529        701,901 
  Office and general          1,963,965       625,296      4,836,416      2,077,937 
  Salaries and wages          6,574,338     2,304,003     16,768,850      5,191,402 
  Technology support, web 
   development and 
   content                    3,146,453     1,163,126      7,239,996      3,397,877 
  Esports player, team 
   and game expenses          1,615,655       760,844      4,609,978      2,244,640 
  Foreign exchange gain      (1,060,724)      (23,125)    (2,136,979)       (71,394) 
  Share-based 
   compensation               4,971,949       203,963     14,690,294        873,211 
  Amortization and 
   depreciation               2,372,839     1,042,072      5,668,276      3,390,604 
 Total operating expenses    21,354,332     8,177,992     59,639,958     22,995,200 
 ------------------------   -----------    ----------    -----------    ----------- 
 Other expenses (income) 
  Transaction costs             301,343     1,621,775        510,472      1,621,775 
  Share of loss from 
  investment in 
  associates 
  and joint ventures            158,415       808,011        230,675      2,080,358 
  Interest and accretion        430,538     1,264,594      1,702,839      3,951,379 
  Change in fair value of 
   investment                   288,093      (374,065)       444,764       (211,050) 
  Loss on modification of 
   long-term debt                     -       806,879              -        806,879 
  Gain on repayment of 
   long-term debt                     -             -        (39,502)             - 
  Loss on settlement of 
   vendor-take-back loan              -             -        316,241              - 
  Loss on revaluation of 
   deferred payment 
   liability                     33,162             -        122,346              - 
  Interest income                (9,315)      (14,775)       (50,546)       (91,305) 
  -----------------------   -----------    ----------    -----------    ----------- 
 Net loss before income 
  taxes                     (12,430,955)   (8,230,371)   (38,801,326)   (20,578,848) 
 Income taxes 
  Current tax expense           127,101         9,139        161,138         20,520 
  Deferred tax recovery        (130,212)     (143,623)      (255,273)      (585,818) 
  -----------------------   -----------    ----------    -----------    ----------- 
 Net loss for the period    (12,427,844)   (8,095,887)   (38,707,191)   (20,013,550) 
 Other comprehensive 
 income (loss) 
 Items that may be 
 reclassified to profit 
 or loss 
  Foreign currency 
   translation 
   adjustment                   124,873        62,420          3,579         66,039 
                            ----------- 
 Net loss and 
  comprehensive loss for 
  the period               $(12,302,971)  $(8,033,467)  $(38,703,612)  $(19,947,511) 
 ------------------------   -----------    ----------    -----------    ----------- 
 Net loss and 
 comprehensive loss per 
 share, 
  basic and diluted        $      (0.10)  $     (0.10)  $      (0.33)  $      (0.26) 
  -----------------------   -----------    ----------    -----------    ----------- 
 Weighted average number 
 of common shares 
  outstanding, basic and 
   diluted                  126,395,192    83,147,816    118,514,822     76,651,219 
  -----------------------   -----------    ----------    -----------    ----------- 
Enthusiast Gaming Holdings 
Inc. 
Condensed Consolidated 
Interim Statements of Cash 
Flows 
For the nine months ended September 30, 2021 and 2020 
(Unaudited - Expressed in 
Canadian Dollars) 
                                     For the nine months ended 
                             September 30, 2021     September 30, 2020 
 -------------------------   ------------------   -------------------- 
 Cash flows from operating 
 activities 
 Net loss for the period    $      (38,707,191)  $      (20,013,550) 
 Items not affecting cash: 
     Amortization and 
      depreciation                   5,668,276            3,390,604 
     Share-based 
      compensation                  14,690,294              873,211 
     Interest and 
      accretion                        606,060            1,378,077 
     Deferred tax recovery            (255,273)            (585,818) 
     Gain on player buyout                   -             (204,764) 
     Foreign exchange gain            (101,302)              (7,050) 
     Gain on repayment of 
      long-term debt                   (39,502)                   - 
     Loss on settlement of 
      vendor-take-back 
      loan                             316,241                    - 
     Loss on revaluation 
      of deferred payment 
      liability                        122,346                    - 
     Capitalized interest 
      and success fee                        -            1,494,910 
     Shares for services               110,565              138,172 
     Loss on modification 
      of long-term debt                      -              806,879 
     Provisions                              -               90,366 
     Change in fair value 
      of investment                    444,764             (211,050) 
     Share of loss from 
      investment in 
      associates and joint 
      ventures                         230,675            2,080,358 
 Changes in working 
 capital: 
     Changes in trade and 
      other receivables             (3,896,016)          (1,916,067) 
     Changes in prepaid 
      expenses                      (2,584,504)              63,250 
     Changes in loans 
      receivable                        37,500                    - 
     Changes in accounts 
      payable and accrued 
      liabilities                    2,383,538            2,288,492 
     Changes in contract 
      liabilities                      881,756             (387,411) 
     Changes in income tax 
      receivable                      (149,468)            (285,480) 
 Net cash used in 
  operating activities             (20,241,241)         (11,006,871) 
 -------------------------   -----------------    ----------------- 
 Cash flows from investing 
 activities 
 Cash paid for mergers and 
  acquisitions                     (27,071,176)         (10,500,000) 
 Cash acquired from 
  mergers and 
  acquisitions                         489,107              281,125 
 Proceeds from disposal of 
  investment                                 -              680,000 
 Proceeds from disposal of 
  intangible assets                          -              204,764 
 Investment in associates 
  and a joint venture                 (125,000)          (2,169,750) 
 Acquisition of property 
  and equipment                         (3,398)              (4,871) 
 Net cash used in 
  investing activities             (26,710,467)         (11,508,732) 
 -------------------------   -----------------    ----------------- 
 Cash flows from financing 
 activities 
 Proceeds from the 
 issuance of shares for 
 offerings, net of 
 transaction costs                  95,150,810           15,609,257 
 Proceeds from long-term 
  debt                                 944,787                    - 
 Repayment of long-term 
  debt                             (14,023,470)                   - 
 Proceeds from exercise of 
  warrants                                   -            2,354,246 
 Proceeds from exercise of 
  options                              784,431               49,366 
 Repayment of 
  vendor-take-back loan             (6,158,329)                   - 
 Lease payments                       (531,085)            (221,764) 
 Net cash provided by 
  financing activities              76,167,144           17,791,105 
 -------------------------   -----------------    ----------------- 
 Foreign exchange effect 
  on cash                              (12,725)              39,176 
 Net change in cash                 29,202,711           (4,685,322) 
 Cash, beginning of period           4,323,823           13,211,722 
 ------------------------- 
 Cash, end of period        $       33,526,534   $        8,526,400 
 -------------------------   -----------------    ---------


Enthusiast Gaming 
Holdings Inc. 
Condensed Consolidated Interim Statements of Loss 
 and Comprehensive Loss 
For the three and nine 
months ended September 
30, 2021 and 2020 
(Unaudited - Expressed in 
Canadian Dollars) 
                            For the three months ended     For the nine months ended 
                           September 30,   September    September 30,    September 30, 
                                2021        30, 2020         2021                 2020 
 Revenue 
  Revenue                  $ 43,341,907   $16,328,946   $110,421,843   $ 30,287,614 
  Gain on player buyout               -             -              -        204,764 
  -----------------------   -----------    ----------    -----------    ----------- 
 Total revenue               43,341,907    16,328,946    110,421,843     30,492,378 
 Cost of sales               33,216,294    12,268,906     86,345,922     19,917,990 
                            ----------- 
 Gross margin                10,125,613     4,060,040     24,075,921     10,574,388 
 ------------------------   -----------    ----------    -----------    ----------- 
 Operating expenses 
  Professional fees             434,862       549,942      2,385,837      1,463,887 
  Consulting fees               725,408     1,336,461      3,111,761      3,725,135 
  Advertising and 
   promotion                    609,587       215,410      2,465,529        701,901 
  Office and general          1,963,965       625,296      4,836,416      2,077,937 
  Salaries and wages          6,574,338     2,304,003     16,768,850      5,191,402 
  Technology support, web 
   development and 
   content                    3,146,453     1,163,126      7,239,996      3,397,877 
  Esports player, team 
   and game expenses          1,615,655       760,844      4,609,978      2,244,640 
  Foreign exchange gain      (1,060,724)      (23,125)    (2,136,979)       (71,394) 
  Share-based 
   compensation               4,971,949       203,963     14,690,294        873,211 
  Amortization and 
   depreciation               2,372,839     1,042,072      5,668,276      3,390,604 
 Total operating expenses    21,354,332     8,177,992     59,639,958     22,995,200 
 ------------------------   -----------    ----------    -----------    ----------- 
 Other expenses (income) 
  Transaction costs             301,343     1,621,775        510,472      1,621,775 
  Share of loss from 
  investment in 
  associates 
  and joint ventures            158,415       808,011        230,675      2,080,358 
  Interest and accretion        430,538     1,264,594      1,702,839      3,951,379 
  Change in fair value of 
   investment                   288,093      (374,065)       444,764       (211,050) 
  Loss on modification of 
   long-term debt                     -       806,879              -        806,879 
  Gain on repayment of 
   long-term debt                     -             -        (39,502)             - 
  Loss on settlement of 
   vendor-take-back loan              -             -        316,241              - 
  Loss on revaluation of 
   deferred payment 
   liability                     33,162             -        122,346              - 
  Interest income                (9,315)      (14,775)       (50,546)       (91,305) 
  -----------------------   -----------    ----------    -----------    ----------- 
 Net loss before income 
  taxes                     (12,430,955)   (8,230,371)   (38,801,326)   (20,578,848) 
 Income taxes 
  Current tax expense           127,101         9,139        161,138         20,520 
  Deferred tax recovery        (130,212)     (143,623)      (255,273)      (585,818) 
  -----------------------   -----------    ----------    -----------    ----------- 
 Net loss for the period    (12,427,844)   (8,095,887)   (38,707,191)   (20,013,550) 
 Other comprehensive 
 income (loss) 
 Items that may be 
 reclassified to profit 
 or loss 
  Foreign currency 
   translation 
   adjustment                   124,873        62,420          3,579         66,039 
                            ----------- 
 Net loss and 
  comprehensive loss for 
  the period               $(12,302,971)  $(8,033,467)  $(38,703,612)  $(19,947,511) 
 ------------------------   -----------    ----------    -----------    ----------- 
 Net loss and 
 comprehensive loss per 
 share, 
  basic and diluted        $      (0.10)  $     (0.10)  $      (0.33)  $      (0.26) 
  -----------------------   -----------    ----------    -----------    ----------- 
 Weighted average number 
 of common shares 
  outstanding, basic and 
   diluted                  126,395,192    83,147,816    118,514,822     76,651,219 
  -----------------------   -----------    ----------    -----------    ----------- 
Enthusiast Gaming Holdings 
Inc. 
Condensed Consolidated 
Interim Statements of Cash 
Flows 
For the nine months ended September 30, 2021 and 2020 
(Unaudited - Expressed in 
Canadian Dollars) 
                                     For the nine months ended 
                             September 30, 2021     September 30, 2020 
 -------------------------   ------------------   -------------------- 
 Cash flows from operating 
 activities 
 Net loss for the period    $      (38,707,191)  $      (20,013,550) 
 Items not affecting cash: 
     Amortization and 
      depreciation                   5,668,276            3,390,604 
     Share-based 
      compensation                  14,690,294              873,211 
     Interest and 
      accretion                        606,060            1,378,077 
     Deferred tax recovery            (255,273)            (585,818) 
     Gain on player buyout                   -             (204,764) 
     Foreign exchange gain            (101,302)              (7,050) 
     Gain on repayment of 
      long-term debt                   (39,502)                   - 
     Loss on settlement of 
      vendor-take-back 
      loan                             316,241                    - 
     Loss on revaluation 
      of deferred payment 
      liability                        122,346                    - 
     Capitalized interest 
      and success fee                        -            1,494,910 
     Shares for services               110,565              138,172 
     Loss on modification 
      of long-term debt                      -              806,879 
     Provisions                              -               90,366 
     Change in fair value 
      of investment                    444,764             (211,050) 
     Share of loss from 
      investment in 
      associates and joint 
      ventures                         230,675            2,080,358 
 Changes in working 
 capital: 
     Changes in trade and 
      other receivables             (3,896,016)          (1,916,067) 
     Changes in prepaid 
      expenses                      (2,584,504)              63,250 
     Changes in loans 
      receivable                        37,500                    - 
     Changes in accounts 
      payable and accrued 
      liabilities                    2,383,538            2,288,492 
     Changes in contract 
      liabilities                      881,756             (387,411) 
     Changes in income tax 
      receivable                      (149,468)            (285,480) 
 Net cash used in 
  operating activities             (20,241,241)         (11,006,871) 
 -------------------------   -----------------    ----------------- 
 Cash flows from investing 
 activities 
 Cash paid for mergers and 
  acquisitions                     (27,071,176)         (10,500,000) 
 Cash acquired from 
  mergers and 
  acquisitions                         489,107              281,125 
 Proceeds from disposal of 
  investment                                 -              680,000 
 Proceeds from disposal of 
  intangible assets                          -              204,764 
 Investment in associates 
  and a joint venture                 (125,000)          (2,169,750) 
 Acquisition of property 
  and equipment                         (3,398)              (4,871) 
 Net cash used in 
  investing activities             (26,710,467)         (11,508,732) 
 -------------------------   -----------------    ----------------- 
 Cash flows from financing 
 activities 
 Proceeds from the 
 issuance of shares for 
 offerings, net of 
 transaction costs                  95,150,810           15,609,257 
 Proceeds from long-term 
  debt                                 944,787                    - 
 Repayment of long-term 
  debt                             (14,023,470)                   - 
 Proceeds from exercise of 
  warrants                                   -            2,354,246 
 Proceeds from exercise of 
  options                              784,431               49,366 
 Repayment of 
  vendor-take-back loan             (6,158,329)                   - 
 Lease payments                       (531,085)            (221,764) 
 Net cash provided by 
  financing activities              76,167,144           17,791,105 
 -------------------------   -----------------    ----------------- 
 Foreign exchange effect 
  on cash                              (12,725)              39,176 
 Net change in cash                 29,202,711           (4,685,322) 
 Cash, beginning of period           4,323,823           13,211,722 
 ------------------------- 
 Cash, end of period        $       33,526,534   $        8,526,400 
 -------------------------   -----------------    ---------


遊戲發燒友
控股公司
簡明合併中期損失表
和全面虧損
三號和九號
截至9月底的月份
30、2021年和2020年
(未經審計-以
(加元)
截至該日止三個月截至
9月30日，9月30日，9月30日，9月30日，
2021 30,2020 2021 2020
收入
收入43,341,907美元16,328,946美元110,421,843美元30,287,614美元
球員買斷收益-204,764

總收入43,341,907 16,328,946 110,421,843 30,492,378
銷售成本33,216,294 12,268,906 86,345,922 19,917,990

毛利率10,125,613 4,060,040 24,075,921 10,574,388

運營費用
專業費用434,862 549,942 2,385,837 1,463,887
諮詢費725,408 1,336,461 3,111,761 3,725,135
廣告和
晉升609,587 215,410 2,465,529 701
辦公室及總務1,963,965 625,296 4,836,416 2,077,937
薪金及工資6,574,338 2,304,003 16,768,850 5,191,402
技術支持，網路
發展和
內容3,146,453 1,163,126 7,239,996 3,397,877
電子競技運動員，團隊
遊戲費用1,615,655 760,844 4,609,978 2,444,640
外匯收益(1060,724)(23,125)(2,136,979)(71,394)
以股份為基礎
薪酬4,971,949 203,963 14,690,294 873,211
攤銷和
折舊2,372,839 1,042,072 5,668,276 3,390,604
總運營費用21,354,332 8,177,992 59,639,958 22,995,200

其他費用(收入)
交易成本301,343 1,621,775 510,472 1,621,775
因以下原因造成的損失份額
投資於
合作夥伴
和合資企業158,415 808,011 230,675 2,080,358
利息及增值430,538 1,264,594 1,702,839 3,951,379
公允價值變動
投資288,093(374,065)444,764(211,050)
修改時的損失
長期債務-806,879-806,879
償還……的收益
長期債務--(39,502)-
結算損失
賣方收回貸款--316,241-
價值重估損失
延期付款
責任33,162-122,346-
利息收入(9,315)(14,775)(50,546)(91,305)

未計收入前淨虧損
稅款(12,430,955)(8,230,371)(38,801,326)(20,578,848)
所得稅
當期稅費127,101 9,139 161,138 20,520
遞延退稅(130,212)(143,623)(255,273)(585,818)

期間淨虧損(12 427 844)(8 095 887)(38 707 191)(20 013 550)
其他綜合性的
收入(虧損)
可能存在的專案
重新歸類為利潤
或損失
外幣
翻譯
調整數124,873 62,420 3,579 66,039

淨虧損及
的綜合損失
期間$(12,302,971)$(8,033,467)$(38,703,612)$(19,947,511)

淨虧損及
綜合損失率
分享,
基本和稀釋$(0.10)$(0.10)$(0.33)$(0.26)

加權平均數
普通股
傑出、基本和
稀釋126,395,192 83,147,816 118,514,822 76,651,219

發燒友遊戲控股公司
Inc.
簡明綜合
中期現金報表
流動
截至2021年9月30日和2020年9月30日的9個月
(未經審計-以
(加元)
截至以下日期的九個月
2021年9月30日2020年9月30日

營運現金流
活動
期間淨虧損$(38707191)$(20013550)
不影響現金的專案：
攤銷和
折舊5,668,276 3,390,604
以股份為基礎
薪酬14,690,294 873,211
利息和
積累量606,060 1,378,077
遞延退稅(255,273)(585,818)
球員買斷收益-(204,764)
外匯收益(101,302)(7,050)
償還……的收益
長期債務(39,502)-
結算損失
供應商-收回
貸款316,241-
重估損失
延期付款的
負債122,346-
資本化利息
和中簽費--1,494,910
服務份額110,565 138,172
改裝損失
長期債務--806,879
撥備--90,366
公允價值變動
投資444,764(211,050)
因以下原因造成的損失份額
投資於
關聯和關節
風險投資230,675 2,080,358
工作中的變化
資本：
貿易和貿易的變化
其他應收款(3,896,016)(1,916,067)
預付費中的更改
開支(2,584,504)63,250
貸款的變動
應收賬款37,500-
帳目的更改
應付和應計
負債2383,538 2288,492
合同的變更
負債881,756(387,411)
所得稅的變化
應收賬款(149,468)(285,480)
使用的現金淨額
業務活動(20 241 241)(11 006 871)

投資現金流
活動
為合併和收購支付的現金
收購(27,071,176)(10,500,000)
從以下渠道獲得的現金
合併和
收購489,107件281,125件
出售股份所得收益
投資--68萬
出售股份所得收益
無形資產--204,764
聯營公司的投資
和一家合資企業(125,000)(2,169,750)
財產的取得
和設備(3398)(4871)
使用的現金淨額
投資活動(26 710 467)(11 508 732)

融資現金流
活動
所得收益
發行股份以供
產品，淨額
交易成本95,150,810 15,609,257
長期收益
債務944,787-
償還長期貸款
債務(14,023,470)-
行使以下權力的收益
認股權證-2,354,246
行使以下權力的收益
選項784,431 49,366
償還
賣方收回貸款(6,158,329)-
租賃費(531,085)(221,764)
提供的現金淨額
籌資活動76,167,144 17,791,105

外匯效應
現金(12,725)39,176
現金淨變化29202711(4,685,322)
現金，期初4,323,823 13,211,722

現金，期末$33,526,534$8,526,400

譯文內容由第三人軟體翻譯。

以上內容僅用作資訊或教育之目的，不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。

Press Release: Enthusiast Gaming Reports Third -2-

Press Release: Enthusiast Gaming Reports Third -2-

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