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Emerge Gaming Limited
(Sydney:SP8)
Emerge Gaming Limited (SP8) vs. iShares MSCI Australia ETF (EWA)
Emerge Gaming Limited Business Overview & Revenue Model
Emerge Gaming Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.45M | 5.45M | 1.81M | 1.76M | 671.22K | 251.83K |
| Gross Profit | 1.22M | 1.22M | 138.61K | 436.72K | 75.97K | 80.30K |
| EBITDA | -2.65M | -2.65M | -1.96M | -4.43M | 6.27M | -1.59M |
| Net Income | -1.82M | -1.82M | -1.54M | -3.45M | 6.78M | -1.25M |
Balance Sheet | ||||||
| Total Assets | 21.33M | 21.33M | 16.42M | 18.22M | 22.44M | 24.95M |
| Cash, Cash Equivalents and Short-Term Investments | 7.73M | 7.73M | 14.35M | 15.40M | 17.87M | 15.88M |
| Total Debt | 1.90M | 1.90M | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 7.18M | 7.18M | 1.37M | 1.86M | 3.16M | 12.90M |
| Stockholders Equity | 14.15M | 14.15M | 15.05M | 16.36M | 19.28M | 12.05M |
Cash Flow | ||||||
| Free Cash Flow | -1.08M | -1.08M | -1.06M | -2.98M | 289.67K | 4.93M |
| Operating Cash Flow | -1.08M | -1.08M | -1.05M | -2.97M | 306.24K | 4.98M |
| Investing Cash Flow | -5.52M | -5.52M | 8.99M | -8.49M | 1.73M | -48.38K |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.81M |
Emerge Gaming Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
54 Neutral | AU$16.78M | -510.00 | -1.65% | ― | 12.07% | 98.72% | |
48 Neutral | AU$13.20M | -4.55 | -19.65% | ― | 201.07% | -69.23% | |
48 Neutral | AU$11.26M | -2.62 | -18.92% | ― | 8.20% | 37.20% | |
47 Neutral | AU$136.15M | -10.00 | -26.76% | ― | -24.66% | -206.50% | |
47 Neutral | AU$20.49M | 53.33 | ― | ― | -2.82% | ― | |
38 Underperform | AU$43.66M | -8.43 | -53.59% | ― | -15.18% | 89.75% |
Emerge Gaming Limited Corporate Events
Emerge Gaming Limited has disclosed a significant change in director Philip Re’s indirect interest in the company, with the grant of 30 million additional performance rights through the LPR Family Trust, taking his total holding to 34.5 million performance rights. The rights, approved by shareholders at the 27 November 2025 annual general meeting and issued for no cash consideration, deepen the director’s equity-linked exposure and reinforce incentive alignment as the company pursues its strategic objectives.
The most recent analyst rating on (AU:SP8) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Emerge Gaming Limited stock, see the AU:SP8 Stock Forecast page.
Streamplay Studio Limited has issued 35 million fully paid ordinary shares approved by shareholders, along with a further 3.85 million fully paid ordinary shares to consultants in lieu of fees, and has notified the market that these securities were issued without a prospectus under the Corporations Act. By lodging this notice, the company confirms the new shares qualify for on-sale without disclosure under the section 708A(5) exemption, while also affirming its compliance with key financial reporting and continuous disclosure obligations and stating there is no undisclosed information material to investors’ assessment of the company or the rights attached to the new shares.
Streamplay Studio Limited has notified the market of the issuance of 150 million unquoted performance rights under its employee incentive scheme, with an issue date of 24 December 2025. These securities, which will not be quoted on the ASX, underscore the company’s continued reliance on equity-based remuneration to align staff interests with shareholder value and support the execution of its growth and operational strategies.
Streamplay Studio Limited has applied to the ASX for quotation of 35 million new fully paid ordinary shares, following shareholder approval at its 27 November 2025 annual general meeting. The new securities, issued on 24 December 2025, will expand the company’s quoted capital base, potentially enhancing liquidity in its stock and providing additional funding flexibility for its operations and growth initiatives.
Streamplay Studio Limited has announced the cessation of a series of performance rights and options, resulting in a reduction of its pool of potential future equity. A total of 9,002,646 performance rights lapsed after their conditions were not met or became incapable of being satisfied, while 18 million options with various exercise prices and an April 2025 expiry date lapsed unexercised, simplifying the company’s capital structure and potentially reducing future dilution for existing shareholders.
Streamplay Studio Limited has applied to the ASX for quotation of 3,846,154 new fully paid ordinary shares, issued as consideration in lieu of fees. The move modestly increases the company’s listed capital base and reflects the use of equity-based payments to settle obligations, a common practice among smaller ASX-listed entities managing cash flow and aligning service providers with shareholder interests.
Streamplay Studio Limited announced that its game Winter Burrow, published by its subsidiary Noodlecake, has generated approximately A$3 million in revenue within 18 days of its global launch across Xbox, Nintendo Switch, and Steam. This achievement represents about 29% of the company’s FY25 pro-forma revenue, highlighting the potential of Streamplay’s expanding premium PC and console publishing pipeline. The game’s success is bolstered by positive editorial coverage and strong sales across platforms, marking it as one of the strongest title contributions in the company’s history.
Streamplay Studio Limited announced the successful passing of several resolutions during its Annual General Meeting on November 27, 2025. Key resolutions included the adoption of the Remuneration Report, re-election of a director, approval of a 7.1A Mandate, and the approval of various director performance rights and incentive plans. These decisions are pivotal for the company’s strategic direction and governance, potentially impacting its operational efficiency and stakeholder confidence.
Streamplay Studio reported a pro forma revenue of A$10.2 million for FY25, which includes the full-year contribution from Noodlecake, acquired in January 2025. The company’s strategic focus on leveraging its distribution channels and partnerships in emerging markets is expected to enhance its market positioning and operational growth.
Streamplay Studio Limited has announced the global launch of ‘Winter Burrow,’ a game developed by Pine Creek Games and published by Noodlecake Studios. This multi-platform release is one of the company’s largest, debuting on Steam, Xbox, and Nintendo Switch. The game has already garnered significant attention, with over 210,000 wishlists on Steam, and is featured in major gaming showcases, indicating strong pre-launch momentum. Priced at USD $19.99, ‘Winter Burrow’ benefits from platform funding that offsets development and marketing costs, positioning it for immediate success and strong returns, especially with its inclusion in Xbox Game Pass.
Streamplay Studio Limited announced that two of its subsidiary Noodlecake Studios’ games, Flappy Golf Party and Ultimate Chicken Horse, are part of the launch lineup for Amazon Prime’s Luna GameNight. This inclusion provides immediate access to over 200 million Prime members worldwide, enhancing Streamplay’s market reach and potential revenue streams. The collaboration with Amazon underscores Streamplay’s strategic positioning in the gaming industry, leveraging high-profile partnerships to generate recurring revenue and expand its influence in the social multiplayer gaming space.
Streamplay Studio Limited has announced its 2025 Annual General Meeting, scheduled for November 27, 2025, in Subiaco, Western Australia. The company is encouraging shareholders to access the meeting materials electronically, reflecting a shift towards digital communication. This move aligns with Streamplay’s focus on leveraging technology to streamline operations and enhance shareholder engagement.