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Allied Gaming & Entertainment Inc. (AESE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17
   10-K10-K10-K10-K10-K/AS-1/A
Revenues:  
    Gaming and Entertainment      16.3 
    E-Sports      4.3 
    Gaming & Entertainment       13.6
    Other       0.1
Total revenues  6.14.23.27.520.613.7
            Revenue growth  45.2%30.8%-57.5%-63.4%50.7% 
Cost of goods sold  5.04.00.20.12.217.5
Gross profit  1.10.23.07.418.4-3.8
            Gross margin  17.7%4.6%94.2%98.5%89.1%-27.9%
Selling, general and administrative   [+]10.713.316.512.020.513.7
Equity in earnings    6.1   
Other operating expenses  -0.1-0.79.05.610.3 
EBITDA   [+]-9.5-12.5-22.5-10.2-12.4-13.3
            EBITDA margin  -156.3%-296.7%-701.4%-135.3%-60.4%-97.5%
Depreciation  2.13.33.63.53.94.2
EBITA  -11.6-15.8-26.1-13.8-16.3-17.5
            EBITA margin  -190.2%-375.4%-813.8%-182.3%-79.1%-128.3%
Amortization of intangibles      2.8 
EBIT   [+]-11.6-15.8-26.1-13.8-19.1-17.5
            EBIT margin  -190.2%-375.4%-813.8%-182.3%-92.9%-128.3%
Non-recurring items   [+]0.2 5.60.69.7 
Interest expense   0.05.51.12.10.5
Other income (expense), net   [+]11.815.8-8.5-0.1-0.10.0
Pre-tax income  0.00.0-45.8-15.5-31.0-18.1
Income taxes  10.815.1-0.71.2-0.40.0
            Tax rate    1.6% 1.3%0.0%
Minority interest      0.4 
Earnings from continuing ops  -10.8-15.1-45.8-15.5-30.6-18.1
Earnings from discontinued ops   -77.90.7-1.3  
Net income  -10.862.9-45.1-16.7-30.6-18.1
            Net margin  -177.4%1496.4%-1403.3%-221.8%-148.6%-132.3%
   
Basic EPS   [+]($0.28)($0.39)($1.60)($0.96)($2.64)($6.03)
Diluted EPS   [+]($0.28)($0.39)($1.60)($0.96)($2.64)($6.03)
   
Shares outstanding (basic)   [+]39.139.028.716.211.63.0
Shares outstanding (diluted)   [+]39.139.028.716.211.63.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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