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Allied Gaming & Entertainment
(NASDAQ:AGAE)
Allied Gaming & Entertainment (AGAE) vs. SPDR S&P 500 ETF (SPY)
Allied Gaming & Entertainment Business Overview & Revenue Model
Allied Gaming & Entertainment Earnings Call Summary
Allied Gaming & Entertainment Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 9.08M | 7.66M | 6.35M | 4.96M | 3.21M |
| Gross Profit | 2.71M | 2.86M | 1.25M | 880.79K | 347.90K |
| EBITDA | -11.79M | -5.10M | -9.63M | -12.47M | -36.63M |
| Net Income | -16.76M | -3.60M | -10.35M | 62.87M | -45.54M |
Balance Sheet | |||||
| Total Assets | 112.69M | 112.02M | 97.73M | 105.80M | 61.90M |
| Cash, Cash Equivalents and Short-Term Investments | 71.53M | 72.82M | 81.17M | 92.89M | 424.22K |
| Total Debt | 31.36M | 16.27M | 7.75M | 0.00 | 4.91M |
| Total Liabilities | 35.71M | 18.61M | 9.83M | 7.16M | 28.49M |
| Stockholders Equity | 73.01M | 82.75M | 87.90M | 98.65M | 33.41M |
Cash Flow | |||||
| Free Cash Flow | -12.13M | -9.19M | -11.03M | -10.27M | -5.53M |
| Operating Cash Flow | -9.77M | -8.14M | -10.93M | -10.08M | -5.17M |
| Investing Cash Flow | 23.81M | 6.13M | -70.14M | 105.86M | -5.51M |
| Financing Cash Flow | 23.93M | 7.15M | -610.56K | -3.42M | 9.16M |
Allied Gaming & Entertainment Technical Analysis
Allied Gaming & Entertainment Risk Analysis
Allied Gaming & Entertainment Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $41.24B | -0.79 | -14.21% | 3.80% | 2.39% | -73.52% | |
58 Neutral | $86.96M | ― | 154.70% | ― | 11.43% | 26.78% | |
56 Neutral | $103.33M | 40.98 | 10.01% | ― | 39.86% | 3.86% | |
50 Neutral | $37.28M | ― | -55.07% | ― | 1.15% | 71.71% | |
42 Neutral | $43.16M | ― | -540.12% | ― | -7.36% | 18.52% | |
42 Neutral | $66.62M | ― | -21.52% | ― | 18.60% | -334.41% | |
39 Underperform | $5.69M | ― | -65.28% | ― | -20.80% | 19.16% |
Allied Gaming & Entertainment Corporate Events
On June 24, 2025, Allied Gaming & Entertainment announced a leadership transition with Ms. Yinghua Chen resigning as CEO to focus on the company’s subsidiary, Allied Esports International. Mr. Yangyang (James) Li was appointed as the new CEO, maintaining his roles as President and Chairman. This transition aims to enhance the company’s strategic growth in gaming and immersive entertainment, with a focus on integrating cryptocurrency and blockchain technologies. The company faces challenges from dissident shareholders, but remains committed to innovation and long-term value creation.
On June 18, 2025, Allied Gaming & Entertainment Inc. received a notice from Nasdaq regarding non-compliance with listing rules, specifically for not holding an annual meeting of shareholders within the required timeframe and failing to file Form 10-Q for the period ended March 31, 2025. The company has requested a hearing to appeal the delisting decision, attributing the delays to actions by activist shareholder Knighted Pastures LLC, which led to lawsuits disrupting operations. Despite these challenges, Allied remains committed to compliance and shareholder value, having made operational progress and scheduled its annual meeting for August 4, 2025.
On June 11, 2025, Allied Gaming & Entertainment filed a lawsuit against Knighted Pastures, LLC, Roy Choi, Naomi Choi, and Yiu-Ting So, alleging a coordinated effort to amass shares and influence the board of directors without proper disclosure, violating Section 13(d) of the Securities Exchange Act of 1934. This legal action highlights a year-long scheme by the defendants to gain control of Allied’s board, impacting shareholder transparency and potentially altering the company’s governance structure.
On May 30, 2025, Allied Gaming & Entertainment Inc. announced that its Board of Directors approved an amendment to the Stockholder Rights Agreement initially established in February 2024. This amendment clarifies that the Rights Agreement does not alter the fiduciary duties of the Board to the company and its stockholders, nor does it limit the directors’ liability for breaches of these duties under applicable law.
On May 22, 2025, Allied Gaming & Entertainment received a deficiency letter from Nasdaq for not complying with listing requirements due to delayed filing of its quarterly and annual reports. The company has until June 16, 2025, to submit a compliance plan, with potential for a 180-day extension if accepted, but there is no assurance of acceptance.
On April 25, 2025, Allied Gaming & Entertainment, Inc. and Blue Planet New Energy Technology Limited mutually agreed to terminate their Securities Purchase Agreement, resulting in Blue Planet transferring back shares and the Company refunding the purchase price. Additionally, Mr. Zongmin Ding resigned as a director, and the Board approved resolutions to maintain the current Board structure and governance until the 2024 and 2025 Annual Meeting of Stockholders.
On April 17, 2025, Allied Gaming & Entertainment Inc. received a deficiency letter from Nasdaq due to the late filing of its Annual Report for the fiscal year ended December 31, 2024. The company has until June 16, 2025, to submit a compliance plan, and while this notification does not immediately affect the trading of its stock, the company is working diligently to regain compliance with Nasdaq’s listing rules.