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Playgon Games (TSE:DEAL)
:DEAL
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Playgon Games
(DEAL)
28Underperform
Playgon Games (DEAL) vs. S&P 500 (SPY)
Market Cap
C$5.97M
Dividend YieldN/A
Average Volume (3M)9.00K
Price to Earnings (P/E)―
Beta (1Y)-0.09
Revenue Growth-36.96%
EPS Growth8.70%
CountryCA
EmployeesN/A
SectorTechnology
Sector Strength46
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.06
Shares Outstanding397,970,950
10 Day Avg. Volume21,502
30 Day Avg. Volume9,001
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.81
Price to Cash Flow (P/CF)-0.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Playgon Games Business Overview & Revenue Model
Company DescriptionPlaygon Games Inc. engages in the development and licensing of digital content for the iGaming market. The company offers daily fantasy sports (DFS) software and network, which is licensed to customers to offer a customized and branded DFS product to their end users. It also provides a multi-tenant gateway that allows online operators to offer their customers iGaming software solutions. In addition, the company focuses on developing digital content for the iGaming market. It offers its solutions for online casinos, sportsbook operators, land-based operators, media groups, and big database companies. The company was formerly known as Global Daily Fantasy Sports Inc. and changed its name to Playgon Games Inc. in July 2020. Playgon Games Inc. was incorporated in 1985 and is based in Vancouver, Canada.
How the Company Makes MoneyPlaygon Games generates revenue primarily through licensing agreements with online and land-based gaming operators. These agreements typically involve the integration of Playgon's live dealer and eTable games into the operators' platforms, where Playgon earns a percentage of the gross gaming revenue generated from these games. Additionally, the company may charge setup fees or fixed monthly fees for its technology and services. Significant partnerships with established gaming operators and continual innovation in game offerings are crucial factors contributing to Playgon's earnings.
Playgon Games Financial Statement Overview
Summary
Overall, Playgon Games is experiencing significant financial instability with declining revenues, poor profitability, and high leverage. The company faces liquidity challenges with persistent negative cash flows, raising concerns about its financial sustainability.Income Statement
Playgon Games shows a declining revenue trend with a significant decrease in gross profit margin. The net profit margin is negative, indicating consistent losses. There is also a substantial decline in EBIT and EBITDA margins, reflecting poor operational efficiency and profitability.20
Very Negative
Balance Sheet
The company has a highly negative stockholders' equity, indicating financial distress. The debt-to-equity ratio cannot be calculated due to negative equity, showing high leverage risk. The equity ratio is negative, reflecting a lack of asset coverage by equity.15
Very Negative
Cash Flow
Negative free cash flow growth highlights liquidity challenges. Operating cash flow to net income ratio is negative, indicating cash outflows exceed net losses. Although financing inflows exist, they are not sufficient to cover operational deficiencies.25
Negative
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 896.45K | 1.47M | 957.75K | 159.71K | 0.00 | 50.79K | Gross Profit |
| -1.29M | -1.53M | -8.21M | -6.64M | -1.60M | -362.16K | EBIT |
| -12.00M | -15.46M | -16.41M | -14.88M | -6.19M | -2.25M | EBITDA |
| -12.03M | -12.21M | -13.23M | -11.56M | -4.66M | -2.25M | Net Income Common Stockholders |
| -17.80M | -16.51M | -16.98M | -15.01M | -6.52M | -2.27M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 268.73K | 208.45K | 206.78K | 5.93M | 781.46K | 90.29K | Total Assets |
| 542.06K | 5.51M | 8.21M | 17.08M | 13.68M | 253.38K | Total Debt |
| 0.00 | 16.00M | 6.93M | 1.34M | 2.11M | 300.00K | Net Debt |
| -268.73K | 15.80M | 6.72M | -4.59M | 1.33M | 209.71K | Total Liabilities |
| 713.01K | 20.87M | 10.63M | 3.29M | 4.62M | 1.44M | Stockholders Equity |
| -170.96K | -15.36M | -2.42M | 13.79M | 9.06M | -1.19M |
| Cash Flow | Free Cash Flow | ||||
| -11.06M | -11.48M | -11.22M | -11.69M | -5.04M | -1.73M | Operating Cash Flow |
| -11.05M | -11.36M | -11.19M | -11.21M | -3.82M | -1.73M | Investing Cash Flow |
| -4.30K | -126.26K | -29.63K | -480.56K | -1.19M | 0.00 | Financing Cash Flow |
| 11.11M | 11.50M | 5.52M | 16.86M | 5.56M | 1.55M |
Playgon Games Technical Analysis
Positive
0.02
Price Trends
0.02
Positive
0.02
Positive
0.02
Positive
Market Momentum
>-0.01
Positive
55.38
Neutral
133.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DEAL, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 55.38 is Neutral, neither overbought nor oversold. The STOCH value of 133.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DEAL.
Playgon Games Peers Comparison
Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Performance Comparison
TSE:DEAL
Playgon Games
0.02
0.00
0.00%
TSE:BRAG
Bragg Gaming Group Inc
5.46
-2.75
-33.50%
TSE:SCR
Strathcona Resources
25.75
-6.77
-20.82%
EGLXF
Enthusiast Gaming Holdings
0.04
-0.10
-71.43%
Playgon Games Corporate Events
Playgon Games Announces New Studio and Platform Enhancements
Jan 15, 2025
Playgon Games Inc. has announced a corporate update involving the resumption of live dealer operations with a new studio location, following a thorough evaluation of potential sites in various global regions. The company has also utilized the operational downtime to implement significant platform enhancements, such as improved scalability and a refreshed mobile user experience, aiming to deliver an elevated experience for players and operators once operations resume.
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.