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Gamehost Inc.: Gamehost Announces First Quarter 2021 Financial Results


Gamehost Inc.: Gamehost Announces First Quarter 2021 Financial Results
Not intended for distribution to U.S. newswire services or for dissemination in the U.S.
RED DEER, AB / ACCESSWIRE / May 11, 2021 / Gamehost Inc. (TSX:GH) Management and Directors of Gamehost Inc. (the Company ) present results for the three-month period ended March 31, 2021 (the Quarter ).
In year-over-year comparison for the Quarter, operating revenue was down 92.3% from $13.8 to $1.1, EBITDA to shareholders was nil for the Quarter. A net loss per share for the Quarter compares to $0.09 per share for the same quarter in 2020.
The Company s three casinos are closed under health restrictions imposed by the Government of Alberta (GOA) due to COVID-19 and were not open for any portion of the Quarter. The Company s three hotels are open and operating under restrictions that limit service to appointment only check-in and COVID-19 protocols for breakfast and dining room service. The Deerfoot Inn re ....

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Gamehost Inc.: Gamehost Announces Fourth Quarter 2020 Financial Results


Gamehost Inc.: Gamehost Announces Fourth Quarter 2020 Financial Results
RED DEER, AB / ACCESSWIRE / March 11, 2021 / Gamehost Inc. (TSX:GH) Management and Directors of Gamehost Inc. (the Company ) present results for the twelve and three month periods ended December 31, 2020 (the Year and Quarter respectively).
In year-over-year comparison for the Quarter, operating revenue was down 48.3% from $17.2 to $8.9, EBITDA to shareholders was down 33.8% from $6.5 to $4.3, and net earnings to shareholders was down 51.4% from $3.7 to $1.8 with future income tax adjustments compounding the lower results. Earnings per share for the Quarter is down $0.07 per common share to $0.08 per common share.
The Company s casinos were open and operating with restricted capacities through the Quarter until November 27, 2020 when the Government of Alberta (GOA) ordered table games in the province closed. With rising COVID-19 case numbers and hospitalizations the GOA ordered a full shut dow ....

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