The latest update is out from Signing Day Sports, Inc. ( (SGN) ).
On April 11, 2025, Signing Day Sports, Inc. announced a 100% revenue growth for the year ended December 31, 2024, reaching approximately $0.6 million compared to $0.3 million in 2023. Despite the revenue increase, the company reported a net loss of $8.7 million, highlighting the challenges faced in 2024. The company remains committed to expanding its technology and customer base, aiming for long-term scalability and leadership in the athletic recruiting space.
Spark’s Take on SGN Stock
According to Spark, TipRanks’ AI Analyst, SGN is a Neutral.
Signing Day Sports, Inc. is currently facing significant financial hurdles with negative profitability and liquidity challenges, resulting in a low financial performance score. The technical analysis indicates a bearish trend, further weighing down the stock’s attractiveness. While recent strategic partnerships and acquisitions are promising, their potential benefits are not yet reflected in the financials, resulting in a modest overall stock score.
To see Spark’s full report on SGN stock, click here.
More about Signing Day Sports, Inc.
Signing Day Sports, Inc. operates in the athletic recruiting industry, providing a platform and app designed to assist high school athletes in the recruitment process. The app allows athletes to create recruitment profiles with video-verified measurables, academic information, and technical skill videos, aimed at helping college coaches evaluate and verify potential recruits.
YTD Price Performance: -67.16%
Average Trading Volume: 2,833,455
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.71M
For detailed information about SGN stock, go to TipRanks’ Stock Analysis page.