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Esports Entertainment Group (GMBL)
OTHER OTC:GMBL
US Market

Esports Entertainment Group (GMBL) AI Stock Analysis

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GMBL

Esports Entertainment Group

(OTC:GMBL)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
$0.24
▼(-20.67% Downside)
The score is primarily pressured by weak fundamentals—ongoing losses, declining revenue, and negative equity—despite recent improvement in loss levels and cash flow. Technical indicators also lean slightly bearish (below key moving averages with negative MACD), while valuation cannot be meaningfully scored due to missing P/E and dividend data.
Positive Factors
Improved operating cash flow
The shift to positive operating cash flow and near break-even free cash flow signals a structural reduction in cash burn. Sustained operating cash generation improves runway, reduces refinancing pressure and enables reinvestment or strategic options over the next several quarters.
Materially reduced losses year-over-year
A materially lower loss profile indicates management has curtailed expense cadence or improved unit economics. If maintained, this structural improvement lowers recapitalization risk and increases the probability of achieving consistent profitability over a multi-quarter horizon.
Lean operating footprint
A small headcount implies a low fixed-cost base and greater operating flexibility. This structural cost discipline can preserve cash during revenue volatility and allow the business to scale more efficiently if top-line trends stabilize or recover.
Negative Factors
Negative shareholders' equity
Negative equity is a structural balance-sheet impairment that restricts financing options, increases recapitalization risk and can limit strategic flexibility. It weakens creditor confidence and makes sustaining long-term investment or growth initiatives more difficult.
Sharply contracting revenue
A persistent top-line decline undermines scale economics and puts pressure on margins and cash conversion. Without a durable recovery in revenue or new revenue streams, structural profitability remains unlikely and fixed costs become harder to cover long term.
Fragile cash-flow quality
Though improved, operating cash flow is modest relative to losses, meaning liquidity remains sensitive to revenue swings. This fragile cash profile presents ongoing refinancing and operational risk and limits ability to invest in growth or absorb shocks.

Esports Entertainment Group (GMBL) vs. SPDR S&P 500 ETF (SPY)

Esports Entertainment Group Business Overview & Revenue Model

Company DescriptionEsports Entertainment Group, Inc. operates as an iGaming and entertainment company in the United States and internationally. The company operates Vie.bet, an esports focused platform; Sportnation.bet, an online sportsbook and casino; iDefix, a casino-platform; Bethard, an online sportsbook and casino; Vie.gg, an online esports wagering website; and ggCircuit, a local area network center management software for managing mission critical functions, such as game licensing and payments. It also organizes professional and amateur esports events. The company was formerly known as VGambling, Inc. and changed its name to Esports Entertainment Group, Inc. in May 2017. Esports Entertainment Group, Inc. was incorporated in 2008 and is based in St. Julian's, Malta.
How the Company Makes Money

Esports Entertainment Group Financial Statement Overview

Summary
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
22
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue8.10M6.40M8.10M22.97M58.35M16.78M
Gross Profit6.01M4.01M3.25M14.18M34.19M8.92M
EBITDA-24.10M-727.12K-24.10M-23.28M-88.95M-25.91M
Net Income-26.90M-1.88M-26.90M-32.29M-102.23M-26.37M
Balance Sheet
Total Assets3.42M2.46M3.42M22.10M64.86M119.74M
Cash, Cash Equivalents and Short-Term Investments176.68K324.48K176.68K1.75M2.52M19.92M
Total Debt1.45M1.70M1.45M95.90K36.17M8.04M
Total Liabilities12.95M14.13M12.95M9.22M68.68M44.95M
Stockholders Equity-9.53M-11.67M-9.53M12.88M-3.82M74.79M
Cash Flow
Free Cash Flow-6.70M0.00-6.63M-15.75M-21.14M-18.95M
Operating Cash Flow-6.63M101.47K-6.63M-15.75M-21.01M-18.88M
Investing Cash Flow-62.79K2.40K-62.79K2.94M-20.08M-56.13M
Financing Cash Flow4.70M91.59K4.70M8.68M23.49M86.36M

Esports Entertainment Group Risk Analysis

Esports Entertainment Group disclosed 71 risk factors in its most recent earnings report. Esports Entertainment Group reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 3 New Risks
1.
The Series C Convertible Preferred Stock and Series D Convertible Preferred Stock will continue to subordinate the rights of the holders of shares of our common stock and their terms have obligated us, and may continue to obligate us, to increase the value of such preferred stock due to forces that may be within, or outside of, our control. Q2, 2023
2.
We implemented the Reverse Stock Split on February 22, 2023 and the liquidity of our common stock may be continue to be adversely effected. Q2, 2023
3.
Because there is substantial doubt about our ability to continue as a going concern for a reasonable period of time, an investment in our common stock is highly speculative; holders of our common stock could suffer a total loss of their investment. Q2, 2023

Esports Entertainment Group Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
$247.19M4.724.03%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
60
Neutral
$178.73M83.421.46%24.21%-92.49%
56
Neutral
$353.05M66.1323.16%1.79%
51
Neutral
$91.03M-2.29-121.54%7.45%5.03%
48
Neutral
$809.70M-2.16-114.88%0.36%47.55%
43
Neutral
$272.74K
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GMBL
Esports Entertainment Group
0.25
-0.01
-5.00%
FLL
Full House Resorts
2.56
-2.40
-48.39%
INSE
Inspired Entertainment
9.41
-0.06
-0.63%
CDRO
Codere Online
7.75
1.38
21.66%
GAMB
Gambling.com
4.98
-9.10
-64.63%
BALY
Bally's Corporation
17.03
-1.95
-10.27%
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.Date of analysis: Jan 04, 2026