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Gamelancer Media Second Quarter 2023 Earnings: CA$0.009 loss per share (vs CA$0.009 loss in 2Q 2022)

Gamelancer Media (TSE:GMNG) Second Quarter 2023 Results

Key Financial Results

  • Revenue: CA$1.42m (up 171% from 2Q 2022).

  • Net loss: CA$4.67m (loss widened by 36% from 2Q 2022).

  • CA$0.009 loss per share (in line with 2Q 2022).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Gamelancer Media Earnings Insights

Looking ahead, revenue is forecast to grow 80% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Canada.

Performance of the Canadian Interactive Media and Services industry.

The company's shares are down 4.8% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 5 warning signs for Gamelancer Media (of which 2 make us uncomfortable!) you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.