tiprankstipranks
Trending News
More News >
Signing Day Sports, Inc. (SGN)
:SGN
US Market

Signing Day Sports, Inc. (SGN) AI Stock Analysis

Compare
174 Followers

Top Page

SG

Signing Day Sports, Inc.

(NYSE MKT:SGN)

Rating:57Neutral
Price Target:
$1.00
▼(-8.26%Downside)
The most significant factor is the company's challenging financial performance, marked by negative income and leverage. However, the strategic merger and positive technical indicators provide some optimism. Valuation remains a concern due to negative earnings.

Signing Day Sports, Inc. (SGN) vs. SPDR S&P 500 ETF (SPY)

Signing Day Sports, Inc. Business Overview & Revenue Model

Company DescriptionSigning Day Sports, Inc. operates a sports recruitment platform in the United States. The company offers Signing Day Sports, a sports recruitment platform that helps athletes get discovered and recruited by coaches and recruiters for various sports, such as football, baseball, softball, and men's and women's soccer. Its technology platform serves student-athletes and their parents, high school and sports club coaches, college coaches, and professional scouts. Signing Day Sports, Inc. was founded in 2019 and is based in Scottsdale, Arizona.
How the Company Makes MoneySigning Day Sports, Inc. generates revenue primarily through subscription-based services offered to student-athletes seeking to improve their recruitment prospects. Athletes pay for access to the platform's premium features, which include enhanced profile visibility, advanced analytics, and direct communication channels with college coaches. Additionally, SGN may earn revenue through partnerships with educational institutions, sports organizations, and advertisers interested in reaching the platform's user base. The company may also leverage data analytics services to offer insights to stakeholders in the sports recruitment industry.

Signing Day Sports, Inc. Financial Statement Overview

Summary
Signing Day Sports, Inc. has shown positive revenue growth but faces significant financial challenges. Negative net income, high leverage, and negative equity are major concerns, indicating financial instability. The company must address its profitability issues and improve cash flow management.
Income Statement
20
Very Negative
The company has shown significant revenue growth over recent years, increasing from $78,336 in 2022 to $615,551 in 2024. Despite this, the company is struggling with profitability, evidenced by persistent negative EBIT and net income figures, reflecting a high cost structure that is not yet covered by revenue. Net profit margins remain deeply negative, indicating ongoing financial challenges.
Balance Sheet
15
Very Negative
The balance sheet reveals a concerning negative stockholders' equity position, signifying more liabilities than assets, which indicates financial instability. The debt-to-equity ratio cannot be calculated due to negative equity, but high total liabilities suggest significant leverage. This poses a risk, especially given the current financial losses.
Cash Flow
25
Negative
The cash flow statement highlights substantial negative free cash flow, which has been improving slightly, but still remains a concern. The operating cash flow to net income ratio reflects ongoing operational cash deficits. Despite some improvement in cash from financing activities in previous periods, overall cash management remains a significant challenge.
Breakdown
TTMDec 2024Dec 2023Dec 2022Dec 2021
Income StatementTotal Revenue
529.28K615.55K307.58K78.34K340.98K
Gross Profit
383.21K414.75K267.19K-704.73K-163.36K
EBIT
-6.36M-7.49M-4.75M-5.57M-6.30M
EBITDA
-6.06M-7.71M-4.44M-6.07M-8.35M
Net Income Common Stockholders
-7.07M-8.73M-5.48M-6.67M-8.80M
Balance SheetCash, Cash Equivalents and Short-Term Investments
487.38K181.27K3.23M254.41K4.69M
Total Assets
1.40M1.11M4.70M454.16K4.92M
Total Debt
122.71K575.35K1.77M7.37M7.99M
Net Debt
-364.68K394.08K648.19K7.11M3.30M
Total Liabilities
1.91M3.32M2.96M8.56M8.48M
Stockholders Equity
-511.80K-2.21M1.74M-8.10M-3.56M
Cash FlowFree Cash Flow
-3.00M-3.08M-5.92M-5.78M-6.82M
Operating Cash Flow
-2.99M-3.07M-4.85M-4.93M-5.73M
Investing Cash Flow
2.15M2.12M-3.18M-855.48K-1.09M
Financing Cash Flow
1.07M6.47K8.90M-3.08M14.09M

Signing Day Sports, Inc. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price1.09
Price Trends
50DMA
0.80
Positive
100DMA
1.33
Negative
200DMA
4.73
Negative
Market Momentum
MACD
0.20
Positive
RSI
50.18
Neutral
STOCH
15.68
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SGN, the sentiment is Neutral. The current price of 1.09 is above the 20-day moving average (MA) of 1.06, above the 50-day MA of 0.80, and below the 200-day MA of 4.73, indicating a neutral trend. The MACD of 0.20 indicates Positive momentum. The RSI at 50.18 is Neutral, neither overbought nor oversold. The STOCH value of 15.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SGN.

Signing Day Sports, Inc. Risk Analysis

Signing Day Sports, Inc. disclosed 48 risk factors in its most recent earnings report. Signing Day Sports, Inc. 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 1 New Risks
1.
Our current liabilities could adversely affect our financial condition or liquidity, and we could have difficulty fulfilling our financial obligations, which may have a material adverse effect on us. Q3, 2024

Signing Day Sports, Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
60
Neutral
$11.15M-60.43%18.05%39.97%
58
Neutral
$4.97B19.83-16.90%5.27%13.61%-24.47%
SGSGN
57
Neutral
$4.25M540.09%8.42%47.51%
41
Neutral
$5.45M230.42%3.69%-50.95%
37
Underperform
$2.98M-130.35%
$44.27M-74.80%
40
Underperform
$4.12M-145.09%-10.29%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SGN
Signing Day Sports, Inc.
1.09
-12.81
-92.16%
ELAB
ELEVAI Labs Inc.
2.17
-870.03
-99.75%
ROMA
Roma Green Finance Limited
3.70
3.22
670.83%
SYNX
Silynxcom Ltd.
1.68
-1.05
-38.46%
AMIX
Autonomix Medical, Inc.
1.48
-23.32
-94.03%
RYDE
Ryde Group Limited Class A
0.21
-6.71
-96.97%

Signing Day Sports, Inc. Corporate Events

M&A TransactionsBusiness Operations and Strategy
Signing Day Sports Announces Merger with Blockchain Firm
Positive
May 28, 2025

On May 27, 2025, Signing Day Sports, Inc. entered into a Business Combination Agreement with BlockchAIn Digital Infrastructure, Inc., which will result in a merger to create a public company engaged in crypto mining, AI, and high-performance computing data hosting markets. The transaction, expected to close in the latter half of 2025, will see Signing Day Sports and One Blockchain become subsidiaries of the new holding company, with the combined entity being traded on the NYSE American. This strategic move is anticipated to enhance Signing Day Sports’ platform and offer significant growth opportunities in the rapidly evolving digital infrastructure market.

Executive/Board Changes
Signing Day Sports Awards Executive Bonuses
Positive
Apr 18, 2025

On April 17, 2025, Signing Day Sports, Inc. awarded discretionary cash bonuses to its top executives, including $140,000 to CEO Daniel Nelson and $50,000 to CFO Damon Rich, among others. These bonuses are in addition to their regular compensation packages, highlighting the company’s recognition of their leadership and contributions.

Product-Related AnnouncementsBusiness Operations and Strategy
Signing Day Sports Celebrates Successful Army Bowl Series
Positive
Apr 17, 2025

On April 17, 2025, Signing Day Sports, Inc. announced the success of its 2025 Military Appreciation U.S. Army Bowl National Combine Series, which began in February. The company hosted five combines in various cities, attracting nearly 1,000 high school football athletes, highlighting the demand for recruiting exposure. Through these events and its digital engagement strategy, Signing Day Sports has helped athletes like Amiri Acker and Cooper Crosby gain significant attention from college programs, demonstrating the effectiveness of its model. The company plans to continue expanding its national footprint with additional combines and digital platforms, aiming to provide long-term success for student-athletes and value for stakeholders.

M&A TransactionsBusiness Operations and Strategy
Signing Day Sports Announces Intent to Acquire Blockchain Firm
Positive
Apr 14, 2025

On April 14, 2025, Signing Day Sports announced a non-binding letter of intent to acquire blockchAIn Digital Infrastructure, a company focused on crypto mining, AI, and HPC data hosting, through an all-equity exchange. This transaction is expected to enhance Signing Day Sports’ platform by integrating a technology-driven business with strong fundamentals, positioning the combined company to capitalize on the growing digital infrastructure market.

Business Operations and StrategyFinancial Disclosures
Signing Day Sports Reports 100% Revenue Growth
Neutral
Apr 11, 2025

On April 11, 2025, Signing Day Sports, Inc. announced a 100% revenue growth for the year ended December 31, 2024, reaching approximately $0.6 million compared to $0.3 million in 2023. Despite the revenue increase, the company reported a net loss of $8.7 million, highlighting the challenges faced in 2024. The company remains committed to expanding its technology and customer base, aiming for long-term scalability and leadership in the athletic recruiting space.

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.