Gaming Corps AB (GCOR) AI Stock Analysis

• Market Cap: kr157.08M
• Dividend Yield: N/A
• Average Volume (3M): 91.68K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.42
• Revenue Growth: 13.74%
• EPS Growth: 21.17%
• Country: SE
• Employees: 25
• Sector: Communication Services
• Sector Strength: 86
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): -0.09
• Shares Outstanding: 145,441,530
• 10 Day Avg. Volume: 98,873
• 30 Day Avg. Volume: 91,679
• PEG Ratio: -0.33
• Price to Book (P/B): 6.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.26
• 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

• Rating: 41 Neutral
• 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 Business Overview & Revenue Model

Company Description

Gaming 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 Money

Gaming 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

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
36.01M	31.12M	12.41M	2.36M	226.11K
	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 Sheet		Cash, Cash Equivalents and Short-Term Investments
11.83M	1.48M	9.59M	288.63K	22.28M
	Total Assets
30.53M	17.56M	21.98M	14.95M	31.65M
	Total Debt
7.38M	10.00M	4.00M	6.50M	1.00M
	Net Debt
-4.46M	8.52M	-5.59M	6.21M	-21.28M
	Total Liabilities
18.34M	15.88M	8.55M	9.99M	3.95M
	Stockholders Equity
12.18M	1.68M	13.43M	4.95M	27.70M
Cash Flow		Free 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
-4.50M	0.00	-167.71K	-5.50M	-1.31M
	Financing Cash Flow
36.61M	14.47M	33.30M	5.50M	37.44M

Gaming Corps AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.05
• 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 1.05 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$14.60B	5.88	-4.32%	3.68%	2.75%	-30.55%
GCOR	41 Neutral	kr157.08M	―	-253.32%	―	13.74%	21.17%
4UJ		€1.54M	―	-25.37%	―	―	―
7HH		€13.39M	―	-35.59%	―	―	―
MHK		€23.30M	35.46	2.20%	10.37%	―	―
23WA		€4.95M	―	-60.12%	―	―	―
5ZD0		€2.81M	―	-60.20%	―	―	―