Esports Entertainment Group Gross Margin Growth & History (GMBL)
Esports Entertainment Group's gross margin was 61.74% for fiscal 2023.
View full Esports Entertainment Group company overviewEsports Entertainment Group annual gross margin history
2021
2022
2023
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-06-30 | 61.74% | +3.15 pp |
| 2022 | 2022-06-30 | 58.59% | +5.43 pp |
| 2021 | 2021-06-30 | 53.16% | — |
Esports Entertainment Group quarterly gross margin
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2024 | 2024-03-31 | 72.46% | +3.41 pp |
| Q2 2024 | 2023-12-31 | 73.33% | +10.34 pp |
| Q1 2024 | 2023-09-30 | 77.62% | +16.66 pp |
| Q4 2023 | 2023-06-30 | 50.55% | −7.49 pp |
| Q3 2023 | 2023-03-31 | 69.04% | +9.06 pp |
| Q2 2023 | 2022-12-31 | 63.00% | +7.83 pp |
| Q1 2023 | 2022-09-30 | 60.95% | +0.27 pp |
| Q4 2022 | 2022-06-30 | 58.03% | +1.05 pp |
| Q3 2022 | 2022-03-31 | 59.98% | +2.99 pp |
| Q2 2022 | 2021-12-31 | 55.16% | +11.62 pp |
| Q1 2022 | 2021-09-30 | 60.68% | +149.57 pp |
| Q4 2021 | 2021-06-30 | 56.98% | — |
| Q3 2021 | 2021-03-31 | 57.00% | — |
| Q2 2021 | 2020-12-31 | 43.54% | — |
| Q1 2021 | 2020-09-30 | −88.89% | — |
Esports Entertainment Group gross margin trends
Between the periods ended 2021-06-30 and 2023-06-30, Esports Entertainment Group's gross margin increased from 53.16% to 61.74%, a change of +8.58 percentage points. The latest reported quarter, Q3 2024, shows 72.46%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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