SportsHero Limited (SHO) AI Stock Analysis

• Market Cap: $17.55M
• Dividend Yield: N/A
• Average Volume (3M): 87.16K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.03
• Revenue Growth: 211.05%
• EPS Growth: 58.33%
• Country: AU
• Employees: 2
• Sector: Communication Services
• Sector Strength: 84
• Industry: Internet Content & Information
• EPS (TTM): >-0.01
• Shares Outstanding: 731,446,040
• 10 Day Avg. Volume: 46,469
• 30 Day Avg. Volume: 87,162
• PEG Ratio: -0.16
• Price to Book (P/B): -20.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.99
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 39 Underperform
• Price Target: AU$0.00 ▼(-100.00%Downside)

SportsHero Limited's major challenges include significant financial instability and weak technical indicators, which are the most impactful factors driving the low stock score. Valuation concerns further exacerbate the risk profile, making the overall outlook negative.

SportsHero Limited Business Overview & Revenue Model

Company Description

SportsHero Limited owns and operates sport prediction, gamification, and marketing platform. The company's platform offers various sports competitions for sports fans. SportsHero Limited is based in Twin Waters, Australia.

How the Company Makes Money

SportsHero Limited generates revenue primarily through advertising, sponsorships, and partnerships with sports organizations and brands. The company leverages its platform's user engagement to attract advertisers looking to target a sports-interested demographic. Additionally, SportsHero may offer premium features or in-app purchases to enhance user experience, providing another revenue stream. Key partnerships with sporting leagues or clubs can also result in monetization opportunities through exclusive content or branded events.

SportsHero Limited Financial Statement Overview

Summary

SportsHero Limited is facing significant financial challenges, with declining revenue, persistent losses, and a weak balance sheet. High leverage and reliance on external financing further exacerbate the risks.

Income Statement

SportsHero Limited has shown a significant decrease in revenue over the past years, with Total Revenue falling to just 8540 in 2024 from a previous high in 2019. The company has struggled with profitability, as evidenced by consistently negative EBIT, EBITDA, and Net Income margins. The Gross Profit Margin remains positive, but the high net losses highlight significant operational challenges.

Balance Sheet

The company's balance sheet reflects financial strain, with negative Stockholders' Equity indicating potential insolvency risk. The Debt-to-Equity ratio is not meaningful due to negative equity, and the company's equity position has deteriorated over time. Total liabilities exceed total assets, suggesting high leverage and financial instability.

Cash Flow

Operating cash flows have been consistently negative, indicating challenges in generating cash from core operations. Free Cash Flow is also negative, though there was a significant influx of cash from financing activities in recent years. The company's reliance on external financing to support cash flow needs raises concerns about sustainability.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
54.02K	8.54K	24.74K	23.14K	30.38K	0.00
	Gross Profit
-377.53K	-744.11K	16.64K	16.78K	22.66K	-79.71K
	EBIT
-771.09K	-1.02M	-3.24M	-2.40M	-1.99M	-1.73M
	EBITDA
-995.39K	-628.14K	-2.17M	-1.74M	-1.44M	-1.65M
	Net Income Common Stockholders
-1.12M	-621.41K	-3.25M	-2.36M	-1.98M	-1.88M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
84.36K	26.72K	203.50K	2.56M	1.83M	224.53K
	Total Assets
107.11K	34.05K	305.99K	2.57M	1.84M	470.10K
	Total Debt
284.74K	273.57K	524.87K	0.00	0.00	324.40K
	Net Debt
200.37K	246.85K	321.37K	-2.56M	-1.83M	99.88K
	Total Liabilities
600.91K	595.86K	1.02M	264.93K	182.94K	732.68K
	Stockholders Equity
-493.80K	-561.80K	-716.83K	2.30M	1.66M	-262.59K
Cash Flow		Free Cash Flow
-755.07K	-588.38K	-2.98M	―	-1.47M	―
	Operating Cash Flow
-1.04M	-815.99K	-2.97M	-1.89M	-1.47M	-3.14M
	Investing Cash Flow
―	-1.52K	-11.99K	―	-32.12K	―
	Financing Cash Flow
968.70K	727.18K	470.70K	2.53M	3.12M	3.29M

SportsHero Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LVE	63 Neutral	AU$5.07M	6.76	70.30%	―	-1.69%	88.78%
Sector *	61 Neutral	$14.33B	5.90	-3.82%	8.01%	2.79%	-33.24%
RNT	49 Neutral	AU$25.59M	―	-103.20%	―	5.14%	26.39%
ART	49 Neutral	AU$122.67M	―	-67.56%	―	7.30%	-286.24%
RMY	41 Neutral	AU$19.93M	―	-910.77%	―	3.67%	72.22%
SHO	39 Underperform	$17.55M	―		―	211.05%	58.33%
TNYYF		$7.29M	―	-177.18%	―	―	―

SportsHero Limited Corporate Events

SportsHero Limited Appoints New Auditor

SportsHero Limited (ASX:SHO) has announced a change in its auditing firm, appointing Hall Chadwick as the new auditor effective 20 June 2025. This decision follows the resignation of RSM Australia and was made after an internal review by the company’s Board of Directors. Hall Chadwick was chosen for its strong reputation, experience with listed companies, and value proposition for audit services. The appointment is subject to formal approval at the next Annual General Meeting.

SportsHero Expands Gaming Reach in Southeast Asia

SportsHero Limited has made significant strides in the commercialization of its iGV.com Family Game Pass product, particularly in Southeast Asia. The company signed a two-year agreement with XL Axiata to market the product in Indonesia, targeting the country’s 8.3 million PC gamers. Additionally, an updated agreement with Indosat Ooredo Hutchison allows for a full commercial launch, bypassing the proof of concept phase. The expansion into the Philippines further solidifies SportsHero’s presence in the region. The appointment of Crispin Tristram as Chief Commercial Officer and securing a $1.0 million borrowing facility are strategic moves to support the company’s growth and operational rollout.

SportsHero Expands into Indonesian e-Sports Market with PSSI Partnership

SportsHero Limited has expanded its partnership with the Indonesian Football Association (PSSI) to become their e-Sports digital platform partner. The company plans to launch the KitaGaruda Gaming Hub, offering Indonesian football fans access to exclusive e-Sports content, tournaments, and rewards. This initiative is supported by partnerships with major Indonesian telecom companies, Indosat and XL, which will facilitate increased digital engagement and revenue opportunities through various monetization strategies. The collaboration is expected to strengthen SportsHero’s position in the e-Sports market, tapping into Indonesia’s large football fan base and the growing popularity of e-Sports.

SportsHero Launches iGV.Com Family Game Pass with XL Axiata in Indonesia

SportsHero Limited has announced the launch of its iGV.Com Family Game Pass in partnership with XL Axiata, Indonesia’s third-largest telecom provider. This collaboration allows XL Axiata’s customers to access a subscription-based platform offering over 200 popular game titles through Direct Carrier Billing, simplifying the payment process. The partnership includes a revenue-sharing agreement, with SportsHero receiving 75% of the revenue, and is expected to enhance SportsHero’s market presence in Indonesia’s gaming sector.

SportsHero Limited Enhances Continuous Disclosure Practices

SportsHero Limited has revised its Continuous Disclosure Policy and Board Charter following a review by independent experts, Steinepreis Paganin. The review identified deficiencies in the company’s disclosure practices, leading to several updates aimed at enhancing transparency and compliance with ASX Listing Rules. Key amendments include establishing procedures for ASX announcements, timely preparation of board minutes, and setting a materiality threshold for disclosures. These changes aim to ensure SHO’s adherence to continuous disclosure obligations and improve communication with shareholders and the market.