trending Market Intelligence /marketintelligence/en/news-insights/trending/DQVvZHyvqT7TfDiUBIW7LA2 content esgSubNav
In This List

Gamehost Q3 profit falls YOY

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks


MediaTalk | Season 2
Ep.1: Broadcast's Big Year


Global M&A by the Numbers Q4 2023


Investment Banking Essentials: February 21

Gamehost Q3 profit falls YOY

Gamehost Inc. said its normalized net income for the third quarter came to 17 Canadian cents per share, a decrease from 17 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was C$4.2 million, a decrease from C$4.3 million in the year-earlier period.

The normalized profit margin climbed to 22.1% from 21.5% in the year-earlier period.

Total revenue decreased 6.9% on an annual basis to C$18.8 million from C$20.2 million, and total operating expenses fell on an annual basis to C$11.4 million from C$11.8 million.

Reported net income grew 47.0% on an annual basis to C$5.9 million, or 24 cents per share, from C$4.0 million, or 16 cents per share.