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Gaming Corps AB (SE:GCOR)
:GCOR

Gaming Corps AB (GCOR) AI Stock Analysis

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SE

Gaming Corps AB

(Frankfurt:GCOR)

Rating:41Neutral
Price Target:
Gaming Corps AB faces significant financial and operational challenges, with persistent losses and reliance on external funding. The technical analysis indicates bearish trends, while the valuation is weak due to a negative P/E ratio. These factors suggest a cautious outlook for the stock, with a need for strategic improvements to enhance financial health and market performance.

Gaming Corps AB (GCOR) vs. iShares MSCI Sweden ETF (EWD)

Gaming Corps AB Business Overview & Revenue Model

Company DescriptionGaming Corps AB (publ) develops videogames and interactive entertainment in Sweden. The company was founded in 2013 and is based in Stockholm, Sweden.
How the Company Makes MoneyGaming Corps AB generates revenue primarily through the sale and distribution of its video games and casino gaming products. The company earns money by selling its games directly to consumers through digital distribution platforms such as Steam, the Apple App Store, and Google Play Store. Additionally, Gaming Corps generates income from licensing its games to online casino operators, who use these games to enhance their gaming portfolios. The company may also benefit from strategic partnerships and collaborations with other entities in the gaming industry, which can provide additional revenue streams and market reach.

Gaming Corps AB Financial Statement Overview

Summary
Gaming Corps AB demonstrates revenue growth but struggles with profitability and cash flow management. Persistent negative net income and reliance on external funding raise concerns about long-term financial sustainability. Improvements in operational efficiency and cost management are needed.
Income Statement
45
Neutral
Gaming Corps AB shows a mixed income statement performance. The company has experienced significant revenue growth from 2019 to 2024, with total revenue increasing from SEK 9.06 million in 2019 to SEK 36.01 million in 2024. However, the company has consistently reported negative net income, with significant losses each year, indicating substantial operational challenges. Gross profit margins have been negative or minimal, and EBIT and EBITDA margins have remained negative, highlighting ongoing profitability issues.
Balance Sheet
40
Negative
The balance sheet of Gaming Corps AB reflects some concerns. The debt-to-equity ratio has fluctuated, with total debt remaining high and stockholders' equity showing instability, even turning negative in 2019. While there is a notable increase in cash and cash equivalents in recent years, this is offset by the high levels of liabilities, suggesting potential leverage risks. The equity ratio has improved but still requires careful management to ensure long-term stability.
Cash Flow
50
Neutral
Gaming Corps AB's cash flow statements indicate some positive trends, particularly in financing activities, which have provided substantial cash inflows over the years. However, operating cash flow has consistently been negative, reflecting ongoing operational challenges. Free cash flow has also been negative, limiting the company's ability to self-fund its operations. The reliance on external financing is notable and suggests a need for improved cash flow management.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
36.01M31.12M12.41M2.36M226.11K
Gross Profit
1.07M-1.32M-25.06M-22.30M-17.60M
EBIT
-25.10M-22.46M-24.87M-22.46M-17.38M
EBITDA
-23.43M-20.55M-22.30M-20.43M-16.95M
Net Income Common Stockholders
-23.70M-24.08M-24.44M-22.45M-17.09M
Balance SheetCash, Cash Equivalents and Short-Term Investments
11.83M1.48M9.59M288.63K22.28M
Total Assets
30.53M17.56M21.98M14.95M31.65M
Total Debt
7.38M10.00M4.00M6.50M1.00M
Net Debt
-4.46M8.52M-5.59M6.21M-21.28M
Total Liabilities
18.34M15.88M8.55M9.99M3.95M
Stockholders Equity
12.18M1.68M13.43M4.95M27.70M
Cash FlowFree Cash Flow
-21.76M-22.58M-24.00M-28.79M-15.30M
Operating Cash Flow
-21.76M-22.58M-23.83M-22.00M-14.00M
Investing Cash Flow
-4.50M0.00-167.71K-5.50M-1.31M
Financing Cash Flow
36.61M14.47M33.30M5.50M37.44M

Gaming Corps AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.05
Price Trends
50DMA
1.02
Positive
100DMA
0.95
Positive
200DMA
0.83
Positive
Market Momentum
MACD
0.01
Negative
RSI
56.14
Neutral
STOCH
78.86
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:GCOR, the sentiment is Positive. The current price of 1.05 is above the 20-day moving average (MA) of 1.04, above the 50-day MA of 1.02, and above the 200-day MA of 0.83, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 56.14 is Neutral, neither overbought nor oversold. The STOCH value of 78.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:GCOR.

Gaming Corps AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$14.60B5.88-4.32%3.68%2.75%-30.55%
41
Neutral
kr157.08M-253.32%13.74%21.17%
DE4UJ
€1.54M-25.37%
DE7HH
€13.39M-35.59%
DEMHK
€23.30M35.462.20%10.37%
€4.95M-60.12%
€2.81M-60.20%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:GCOR
Gaming Corps AB
1.05
0.02
1.94%
DE:4UJ
Qiiwi Games AB
0.16
0.03
23.08%
DE:7HH
LL Lucky Games AB
0.04
0.00
0.00%
DE:MHK
MAG Interactive AB
0.84
0.10
13.51%
DE:23WA
Speqta AB
0.01
-0.31
-96.88%
DE:5ZD0
Fragbite Group AB
0.36
-0.36
-50.00%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.