Gaming Corps AB (GCOR) AI Stock Analysis

• Market Cap: kr174.53M
• Dividend Yield: N/A
• Average Volume (3M): 83.15K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.12
• Revenue Growth: 32.83%
• EPS Growth: 13.34%
• Country: SE
• Employees: 25
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): -0.06
• Shares Outstanding: 145,441,530
• 10 Day Avg. Volume: 99,560
• 30 Day Avg. Volume: 83,147
• PEG Ratio: 0.08
• Price to Book (P/B): 3.53
• Price to Sales (P/S): 1.22
• P/FCF Ratio: -1.98
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 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: 41 Neutral
• Price Target: kr0.98 ▼(-17.03% Downside)

The overall stock score is primarily impacted by the company's weak financial performance and poor valuation metrics. Technical analysis also suggests bearish momentum, further contributing to a low score.

Gaming Corps AB Business Overview & Revenue Model

Company Description

Gaming Corps AB (GCOR) is a Swedish gaming company focused on developing and publishing innovative gaming experiences across multiple platforms, including mobile, PC, and console. The company operates primarily in the interactive entertainment sector, offering a diverse portfolio of products that encompasses video games, casino games, and gamified applications. With a commitment to quality and creativity, Gaming Corps strives to engage players with immersive storytelling and cutting-edge gameplay mechanics.

How the Company Makes Money

Gaming Corps AB generates revenue through several key streams, primarily from the sale of its video games and casino products. The company utilizes a mix of direct sales, in-game purchases, and subscription models to monetize its offerings. Additionally, GCOR engages in partnerships with other gaming platforms and distribution channels, which can involve revenue-sharing agreements that enhance its market reach. The company also benefits from licensing its technology and intellectual property to other developers, further diversifying its income sources. Strategic collaborations with established gaming companies and participation in revenue-generating events such as gaming expos contribute to its overall financial performance.

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

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

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

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	43.95M	35.40M	31.12M	12.41M	2.36M	226.11K
Gross Profit	38.28M	1.07M	-1.32M	-25.06M	-22.30M	-17.60M
EBITDA	-33.82M	-23.43M	-20.55M	-22.30M	-20.43M	-16.95M
Net Income	-36.67M	-23.70M	-24.08M	-24.44M	-22.45M	-17.09M
Balance Sheet
Total Assets	28.04M	30.53M	17.56M	21.98M	14.95M	31.65M
Cash, Cash Equivalents and Short-Term Investments	2.46M	11.83M	1.48M	9.59M	288.63K	22.28M
Total Debt	3.33M	4.82M	10.00M	4.00M	6.50M	1.00M
Total Liabilities	19.92M	18.34M	15.88M	8.55M	9.99M	3.95M
Stockholders Equity	8.12M	12.18M	1.68M	13.43M	4.95M	27.70M
Cash Flow
Free Cash Flow	-33.76M	-21.76M	-22.58M	-24.00M	-28.79M	-15.30M
Operating Cash Flow	-27.45M	-21.76M	-22.58M	-23.83M	-22.00M	-14.00M
Investing Cash Flow	-10.81M	-4.50M	0.00	-167.71K	-5.50M	-1.31M
Financing Cash Flow	40.26M	36.61M	14.47M	33.30M	5.50M	37.44M

Gaming Corps AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: 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 1.18 is above the 20-day moving average (MA) of 1.06, above the 50-day MA of 1.06, and above the 200-day MA of 1.11, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 64.82 is Neutral, neither overbought nor oversold. The STOCH value of 55.47 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
GCOR	41 Neutral	kr174.53M	-3.83	―	―	32.83%	13.34%
NITRO	41 Neutral	kr31.26M	-17.15	―	―	-18.60%	-118.88%