CTW Cayman Class A (CTW) AI Stock Analysis

• Market Cap: $110.14M
• Dividend Yield: N/A
• Average Volume (3M): 215.42K
• Price to Earnings (P/E): 27.1
• Beta (1Y): 0.20
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: N/A
• Sector: Communication Services
• Sector Strength: 97
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): N/A
• Shares Outstanding: 50,400,000
• 10 Day Avg. Volume: 139,482
• 30 Day Avg. Volume: 215,416
• PEG Ratio: 0.11
• Price to Book (P/B): 2.23
• Price to Sales (P/S): 0.78
• P/FCF Ratio: 60.74
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: $2.00 ▲(10.50% Upside)

The score is held back primarily by the sharp 2025 cash-flow reversal and margin compression, despite strong revenue growth and a generally stable balance sheet. Weak technicals (below key moving averages, negative MACD) and a relatively high P/E without dividend support further limit the score.

CTW Cayman Class A Business Overview & Revenue Model

Company Description

CTW Cayman operates a web-based gaming platform in Japan and Singapore. The company's flagship HTML5-based G123.jp platform offers free-to-play games which removes common barriers to gameplay, such as downloads, installations, and mandatory registrations, ensuring that seamless, instant access is available to players worldwide across different types of devices, including mobile devices beyond just PCs. It provides access to IP-related content for game development, online game distribution, game development support, game marketing and advertising services, and customer support services. In addition, the company owns art and design, and research and development centers. The company was founded in 2013 and is headquartered in Tokyo, Japan. CTW Cayman operates as a subsidiary of CTW (BVI) LTD.

How the Company Makes Money

CTW Cayman Class A Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2019	Dec 2018
Income Statement
Total Revenue	90.37M	90.37M	68.42M	62.94M	8.16B	8.49B
Gross Profit	68.40M	68.33M	52.21M	45.89M	5.72B	5.73B
EBITDA	8.97M	8.97M	10.36M	7.74M	4.21B	4.04B
Net Income	3.83M	3.83M	5.98M	3.40M	1.83B	1.67B
Balance Sheet
Total Assets	46.50M	46.50M	43.94M	38.28M	20.33B	20.58B
Cash, Cash Equivalents and Short-Term Investments	12.21M	12.37M	14.46M	14.85M	2.00M	5.00M
Total Debt	6.95M	7.01M	7.31M	7.68M	1.19B	5.96B
Total Liabilities	18.85M	23.20M	20.10M	19.40M	21.00B	10.71B
Stockholders Equity	27.65M	27.65M	23.84M	18.88M	10.12B	9.87B
Cash Flow
Free Cash Flow	-473.29K	-473.29K	877.19K	2.42M	3.36B	2.75B
Operating Cash Flow	111.38K	111.38K	1.59M	2.56M	3.33B	3.79B
Investing Cash Flow	-1.18M	-1.18M	-1.17M	-485.24K	-1.72B	-1.15B
Financing Cash Flow	-1.11M	-1.11M	0.00	0.00	-1.61B	-2.63B

CTW Cayman Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MSGM	68 Neutral	$19.18M	36.63	44.93%	―	11.38%	-94.39%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
GAME	53 Neutral	$43.40M	-0.40	-52.37%	―	―	―
CTW	51 Neutral	$110.14M	27.13	14.87%	―	―	―
GIGM	50 Neutral	$16.30M	-12.83	-3.14%	―	10.15%	67.65%
SKLZ	45 Neutral	$68.29M	―	-48.34%	―	-8.99%	-117.83%
BHAT	43 Neutral	$8.33M	-0.08	-14.99%	―	-53.11%	82.68%

CTW Cayman Class A Corporate Events

CTW Cayman Grants 2 Million Stock Options Under 2025 Equity Incentive Plan

On December 17, 2025, CTW Cayman granted stock options to purchase an aggregate of 2,000,000 Class A ordinary shares to certain employees under its 2025 Equity Incentive Plan, according to a filing dated December 22, 2025. The move signals the company’s continued use of equity-based compensation to incentivize and retain staff, potentially aligning employee interests more closely with shareholder value and influencing future share-based compensation expenses and dilution for existing investors.

CTW Cayman Reports Record Revenue and Successful IPO in Fiscal Year 2025

On November 17, 2025, CTW Cayman announced its financial results for the fiscal year ending July 31, 2025, reporting a record revenue of $90.4 million, marking a 32% year-over-year increase. The company successfully launched seven new games during the fiscal year, contributing significantly to its revenue growth. CTW also completed an Initial Public Offering in August 2025, raising $12 million, and expanded its operations globally, particularly in North America. Despite increased advertising expenses, the company maintained positive Adjusted EBITDA, reflecting its strategic focus on scaling operations and expanding its user base beyond Japan.