World Chess PLC (GB:CHSS)
LSE:CHSS
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World Chess PLC
(LSE:CHSS)
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Rating:43Neutral
Price Target:
0.35 p
▼(-36.00% Downside)
Action:ReiteratedDate:04/24/26
The score is driven primarily by weak financial performance (sharp revenue decline, large losses, and ongoing cash burn), with technicals also unfavorable (price below key moving averages and negative MACD). Valuation provides limited support because losses make P/E less meaningful and no dividend yield is available.
Positive Factors
Improved leverage: zero debt and positive equity
Zero reported debt and positive equity materially reduce financial leverage risk and lower bankruptcy probability. This provides strategic flexibility to pursue partnerships or invest in growth without immediate refinancing, improving medium-term resilience if cash burn is controlled.
Negative Factors
Severe revenue contraction in 2025 (~-92% YoY)
A near-total revenue collapse removes scale benefits, undermines recurring sponsorship and media contracts, and erodes brand monetization momentum. Restoring prior revenue levels will be difficult and is prerequisite for sustained margin recovery and self-funded growth over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved leverage: zero debt and positive equity
Zero reported debt and positive equity materially reduce financial leverage risk and lower bankruptcy probability. This provides strategic flexibility to pursue partnerships or invest in growth without immediate refinancing, improving medium-term resilience if cash burn is controlled.
Read all positive factors
World Chess PLC (CHSS) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£3.98M
Dividend YieldN/A
Average Volume (3M)1.59M
Price to Earnings (P/E)―
Beta (1Y)1.49
Revenue Growth-15.73%
EPS Growth14.89%
CountryUK
Employees30
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,089,806,500
10 Day Avg. Volume4,090,809
30 Day Avg. Volume1,585,716
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)3.98
Price to Sales (P/S)2.86
P/FCF Ratio-0.91
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
World Chess PLC Business Overview & Revenue Model
Company Description
World Chess PLC, through its subsidiaries, engages in the commercial offering of chess related activities worldwide. It organizes tournaments; operates the official online gaming platform of the International Chess Federation and other sports; eng...
How the Company Makes Money
World Chess PLC’s revenue model is centered on monetizing chess through commercial rights and event-related activities. Key revenue streams commonly tied to its operations include: (1) event-related income from organizing chess tournaments (e.g., ...
World Chess PLC Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
42
Neutral
Cash Flow
14
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.03M | 2.43M | 2.35M | 2.80M | 3.22M |
| Gross Profit | 609.53K | 889.62K | 179.10K | 705.45K | 1.90M |
| EBITDA | -1.82M | -2.79M | -3.64M | -1.82M | 6.60M |
| Net Income | -3.66M | -3.80M | -4.69M | -2.46M | 5.46M |
Balance Sheet | |||||
| Total Assets | 3.36M | 6.46M | 6.02M | 5.93M | 7.65M |
| Cash, Cash Equivalents and Short-Term Investments | 40.73K | 267.40K | 186.88K | 35.56K | 1.52M |
| Total Debt | 0.00 | 2.71M | 1.45M | 2.49M | 1.43M |
| Total Liabilities | 1.90M | 5.51M | 5.01M | 4.76M | 5.00M |
| Stockholders Equity | 1.46M | 950.77K | 2.52M | 1.16M | 2.64M |
Cash Flow | |||||
| Free Cash Flow | -6.40M | -8.87M | -7.21M | -2.26M | 1.77M |
| Operating Cash Flow | -2.49M | -2.36M | -3.26M | -828.94K | 3.71M |
| Investing Cash Flow | -163.13K | -1.01M | -1.45M | -44.25K | -1.94M |
| Financing Cash Flow | 2.45M | 3.43M | 4.87M | 775.85K | -1.96M |
World Chess PLC Technical Analysis
Negative
0.55
Price Trends
0.43
Negative
0.57
Negative
0.99
Negative
Market Momentum
-0.02
Negative
38.79
Neutral
47.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CHSS, the sentiment is Negative. The current price of 0.55 is above the 20-day moving average (MA) of 0.36, above the 50-day MA of 0.43, and below the 200-day MA of 0.99, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 38.79 is Neutral, neither overbought nor oversold. The STOCH value of 47.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:CHSS.
World Chess PLC Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | £83.73M | 4.25 | 5.57% | ― | -1.34% | 27.45% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
48 Neutral | £11.31M | -2.98 | -32.23% | ― | -7.72% | 54.13% | |
43 Neutral | £3.98M | -1.59 | -389.90% | ― | -15.73% | 14.89% | |
43 Neutral | £1.05M | -1.88 | -110.31% | ― | -38.77% | -1.67% | |
41 Neutral | £15.24M | -35.35 | -19.77% | ― | ― | ― | |
41 Neutral | £25.21M | -0.12 | 526.67% | ― | ― | ― |
* Technology Sector Average
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World Chess PLC Corporate Events
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresPrivate Placements and Financing
World Chess Narrows Loss as It Accelerates Shift to Digital Chess Platform
Positive
Apr 21, 2026
World Chess PLC reported 2025 revenue from continuing operations of €2.03 million, up 11 percent year on year, while total revenue including discontinued operations slipped to €2.26 million after closing its Berlin club. The group narr...
Business Operations and StrategyRegulatory Filings and Compliance
World Chess Confirms Total Voting Rights at Over 1.08 Billion Shares
Neutral
Mar 31, 2026
World Chess PLC announced that, as of 31 March 2026, its issued share capital comprises 1,089,806,579 ordinary shares, each carrying one voting right, with no shares held in treasury. This total voting rights figure will serve as the reference den...
Business Operations and StrategyDelistings and Listing ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
World Chess Increases Share Capital With New LSE Admission
Positive
Mar 24, 2026
World Chess PLC has issued 201,868,099 new ordinary shares pursuant to previously announced subscription agreements and has applied for their admission to trading on the Main Market of the London Stock Exchange, expected around 30 March 2026. The ...
Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
World Chess Wins Strong Shareholder Backing for New Share Issuance Powers
Positive
Mar 18, 2026
World Chess PLC said shareholders overwhelmingly backed all resolutions at its latest general meeting, granting directors a general authority to allot shares and approving the disapplication of pre-emption rights. The near-unanimous support for th...
Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
World Chess Raises £1.15m via Share Subscription to Fund Growth
Positive
Feb 26, 2026
World Chess Plc, the London-listed chess gaming and entertainment group and official commercial partner of FIDE, has built its brand by staging top-level championship events and securing major media partnerships in the chess world. The company als...
Business Operations and StrategyShareholder Meetings
World Chess Calls March General Meeting as It Builds Chess Entertainment Platform
Positive
Feb 23, 2026
World Chess PLC has called a General Meeting to be held on 18 March 2026 in London, with the notice already posted to shareholders and set to be available on its investor website. The meeting underscores ongoing shareholder engagement and formal g...
Executive/Board Changes
World Chess Begins Search for New Chair as Neil Rafferty Resigns
Neutral
Feb 12, 2026
World Chess PLC, a prominent organiser of elite chess events and operator of the official FIDE-backed online platform worldchess.com, serves a global audience of over one million users through subscription-based digital chess services. The company...
Regulatory Filings and Compliance
World Chess Confirms Total Voting Rights at Nearly 888 Million Shares
Neutral
Jan 30, 2026
World Chess PLC has confirmed that as of 30 January 2026 its issued share capital comprises 887,938,480 ordinary shares of £0.0001 each, all carrying one vote, with no shares held in treasury, resulting in a total of 887,938,480 voting rights...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.