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 overview

Esports Entertainment Group annual gross margin history

Esports Entertainment Group annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20232023-06-3061.74%+3.15 pp
20222022-06-3058.59%+5.43 pp
20212021-06-3053.16%

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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