The business behind the dividend
| Measure | GMBL | Median | Formula |
|---|---|---|---|
| Return on equity | -673.1% | 10.6% | Net income ÷ shareholders’ equity |
| Return on capital employed | — | — | Operating income ÷ (equity + total debt) |
| Owner earnings | $-25.81m | $120.90m | Net income + depreciation & amortisation − capital expenditure |
| Free cash flow | $-15.75m | $155.08m | Operating cash flow − capital expenditure |
| Operating margin | -175.5% | 14.3% | Operating income ÷ revenue |
| Net margin | -140.6% | 10.1% | Net income ÷ revenue |
| Debt to equity | — | — | Total debt ÷ shareholders’ equity |
| Interest cover | -16.21x | 4.22x | Operating income ÷ interest expense |
| Current ratio | 0.46x | 1.55x | Current assets ÷ current liabilities |
| Long-term debt to working capital | — | — | Long-term debt ÷ (current assets − current liabilities) |
| Cash conversion | — | — | Operating cash flow ÷ net income |
| Accruals | -74.8% | -3.1% | (Net income − operating cash flow) ÷ total assets |
Not computed here: Cash conversion, Debt to equity, Long-term debt to working capital, Return on capital employed — why a blank is not a zero.
Ten years of it
The same measures, for every year the filings support. One year is a fact; a row is a business.
| Measure | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | Median |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on equity | -673.1% | — | -35.3% | -90.8% | — | -762.3% | 124.7% | -381.1% | -237.8% | — | -237.8% |
| Return on capital employed | — | -379.6% | -31.6% | — | — | -753.7% | — | — | — | — | -379.6% |
| Operating margin | -175.5% | -153.1% | -153.3% | — | — | — | — | — | — | — | -153.3% |
| Net margin | -140.6% | -175.2% | -157.1% | — | — | — | — | — | — | — | -157.1% |
| Debt to equity | — | — | 0.09x | — | — | 0.00x | — | — | — | — | 0.00x |
| Current ratio | 0.46x | 0.15x | 2.44x | 7.54x | — | — | — | — | — | — | 2.44x |
| Cash conversion | — | — | — | — | — | — | -0.58x | — | — | — | -0.58x |