trending Market Intelligence /marketintelligence/en/news-insights/trending/T9b32QouKvYxiMCFa6OtVQ2 content esgSubNav
In This List

Great Canadian Gaming Q1 profit climbs 30.2% YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Great Canadian Gaming Q1 profit climbs 30.2% YOY

Great Canadian Gaming Corp. said its normalized net income for the first quarter was 21 Canadian cents per share, compared with the S&P Capital IQ consensus estimate of 23 cents per share.

EPS rose 26.9% year over year from 16 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was C$14.6 million, a gain of 30.2% from C$11.2 million in the prior-year period.

The normalized profit margin rose to 13.3% from 10.8% in the year-earlier period.

Total revenue rose year over year to C$108.0 million from C$103.8 million, and total operating expenses came to C$78.8 million, compared with C$78.1 million in the prior-year period.

Reported net income decreased 5.6% on an annual basis to C$16.3 million, or 23 cents per share, from C$17.3 million, or 25 cents per share.