Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 386.81K | 604.58K | 1.47M | 957.75K | 159.71K | 0.00 |
Gross Profit | -2.13M | -5.26M | -1.53M | -8.21M | -6.64M | -1.60M |
EBITDA | -9.75M | -10.25M | -12.21M | -13.23M | -11.56M | -4.66M |
Net Income | -17.11M | -18.19M | -16.51M | -16.82M | -14.84M | -6.52M |
Balance Sheet | ||||||
Total Assets | 1.01M | 1.22M | 5.51M | 8.21M | 17.08M | 13.68M |
Cash, Cash Equivalents and Short-Term Investments | 127.09K | 378.56K | 208.45K | 206.78K | 5.93M | 781.46K |
Total Debt | 28.02M | 26.67M | 16.00M | 6.93M | 1.34M | 2.11M |
Total Liabilities | 35.28M | 33.65M | 20.87M | 10.63M | 3.29M | 4.62M |
Stockholders Equity | -34.27M | -32.44M | -15.36M | -2.42M | 13.79M | 9.06M |
Cash Flow | ||||||
Free Cash Flow | -7.65M | -9.08M | -11.48M | -11.22M | -11.69M | -5.04M |
Operating Cash Flow | -7.65M | -9.07M | -11.36M | -11.19M | -11.21M | -3.82M |
Investing Cash Flow | -3.95K | -3.95K | -126.26K | -29.63K | -480.56K | -1.19M |
Financing Cash Flow | 7.51M | 9.22M | 11.50M | 5.52M | 16.86M | 5.56M |
Playgon Games Inc. has completed a shares for debt transaction, settling $656,525 of debt through the issuance of 65,652,500 common shares at $0.01 per share. This transaction, which includes a significant portion of shares issued to insiders, is deemed a ‘related party transaction’ and is subject to final TSXV approval. Additionally, the BCSC has revoked a management cease trade order following Playgon’s successful filing of its 2024 audited financial statements.
Playgon Games Inc. has provided an update regarding its management cease trade order (MCTO) issued due to the delay in filing its 2024 annual audited financial statements. The company is working to comply with alternative information guidelines by issuing bi-weekly status reports and aims to file the necessary documents by July 14, 2025, to avoid a general cease trade order. The company confirms no material changes or additional defaults have occurred, and it will continue to provide updates on any significant developments.
Playgon Games Inc. announced its intention to settle $656,525 of debt through the issuance of 65,652,500 common shares at a price of $0.01 per share. This transaction, which includes a significant portion of shares issued to insiders, is subject to TSX Venture Exchange approval and is considered a related party transaction under TSXV Policy 5.9. The move aims to manage interest payments on previously issued convertible unsecured debentures and reflects Playgon’s strategic financial management within the iGaming industry.
Playgon Games Inc. has announced an update regarding its management cease trade order (MCTO) issued by the British Columbia Securities Commission due to a delay in filing its 2024 annual audited financial statements. The delay is attributed to timing issues faced by a third-party auditor required to audit the company’s software. Consequently, Playgon has obtained a two-week extension to file the necessary documents by July 14, 2025. The company is committed to providing bi-weekly status reports and assures that there are no material changes or additional defaults anticipated. Failure to meet the new deadline could result in a general cease trade order.
Playgon Games Inc. has provided an update regarding its management cease trade order (MCTO) issued by the British Columbia Securities Commission due to the company’s failure to file its 2024 annual financial statements by the April 30, 2025 deadline. The company plans to remedy this default by June 30, 2025, and will issue bi-weekly status reports until the filings are completed. If the filings are not submitted by the deadline, a general cease trade order may be issued. Playgon assures stakeholders that there are no material changes or anticipated defaults beyond the current situation.
Playgon Games Inc. has provided an update regarding its management cease trade order (MCTO) issued by the British Columbia Securities Commission due to the company’s failure to file its annual audited financial statements for the year ended December 31, 2024, by the deadline. The company is committed to resolving this issue by June 30, 2025, and will continue to issue bi-weekly status reports. If the filings are not completed by the deadline, a general cease trade order may be issued. Playgon assures that there are no material changes or anticipated defaults beyond what has been previously disclosed.
Playgon Games Inc. has announced the extension of maturity dates on its unsecured convertible debentures from May 3, 2025, to November 3, 2025, following approval from debenture holders and the TSX Venture Exchange. This extension impacts debentures issued in 2023, with additional interest payment dates introduced, ensuring continued accrual and payment of interest upon maturity. The move reflects Playgon’s strategic financial management, potentially enhancing its operational flexibility and stability in the competitive iGaming industry.
Playgon Games Inc. has announced an update regarding its management cease trade order (MCTO) issued by the British Columbia Securities Commission due to the company’s failure to file its 2024 annual audited financial statements by the deadline. The company is actively working to resolve the issue and plans to file the necessary documents by June 30, 2025. In the meantime, Playgon will provide bi-weekly status updates as required by the alternative information guidelines. If the filings are not completed by the deadline, a general cease trade order may be issued.