Leaf Mobile Inc (TSE:EAGR)
TSX:EAGR
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Leaf Mobile Inc
(TSX:EAGR)
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Rating:40Underperform
Price Target:
C$0.12
▼(-58.67% Downside)
Action:DowngradedDate:04/11/26
The score is driven primarily by weak financial performance, including a steep revenue decline, materially wider losses, and a shift to negative operating/free cash flow. Technicals also weigh on the score as the stock trades below all key moving averages with negative MACD, despite oversold RSI/Stoch readings. Valuation contributes minimally because the negative P/E and missing dividend yield provide limited valuation support.
Positive Factors
Moderate leverage
A low debt-to-equity (~0.19) and modest absolute debt provide structural financial flexibility. Manageable leverage reduces ongoing interest burden and refinancing risk, giving management capacity to fund operations or strategic initiatives without excessive strain during a multi-quarter recovery.
Negative Factors
Severe revenue decline
A ~75% year-over-year revenue collapse materially undermines scale advantages, reduces pricing leverage and weakens long-term competitive position. Loss of scale impairs fixed-cost absorption and makes restoring prior margins and growth a multi-quarter structural challenge for management.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate leverage
A low debt-to-equity (~0.19) and modest absolute debt provide structural financial flexibility. Manageable leverage reduces ongoing interest burden and refinancing risk, giving management capacity to fund operations or strategic initiatives without excessive strain during a multi-quarter recovery.
Read all positive factors
Leaf Mobile Inc (EAGR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$10.01M
Dividend YieldN/A
Average Volume (3M)58.15K
Price to Earnings (P/E)―
Beta (1Y)-0.29
Revenue Growth-6.22%
EPS Growth-439.10%
CountryCA
Employees120
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)-0.13
Shares Outstanding77,012,280
10 Day Avg. Volume70,166
30 Day Avg. Volume58,151
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.87
Price to Sales (P/S)0.31
P/FCF Ratio-6.48
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
EPS Forecast (FY)-0.01
Revenue Forecast (FY)C$96.90M
Leaf Mobile Inc Business Overview & Revenue Model
Company Description
Leaf Mobile Inc., through its subsidiaries, develops and publishes free-to-play casual mobile games worldwide. It owns and operates GameKit, a software platform for casual or idle narrative driven game development, as well as engages in the sale o...
How the Company Makes Money
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Leaf Mobile Inc Earnings Call Summary
Earnings Call Date:Nov 14, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:May 07, 2026
Earnings Call Sentiment Positive
The earnings call reflects a largely positive sentiment, with multiple highlights including revenue growth, profitable game launches, increased cash reserves, and strategic partnerships. The only notable lowlight was the impact of share buybacks on cash reserves, which is seen as a strategic investment by the company.Positive Updates
Revenue Growth
Achieved a top line revenue of $21.4 million, marking a 3% growth year-over-year and a 4% growth quarter-over-quarter.
Negative Updates
Share Buyback Impact on Cash Balance
Spent over $2 million on share buybacks, which impacted the cash balance although the company sees it as a strategic move.
Read all updates
Q3-2024 Updates
Positive
Negative
Revenue Growth
Achieved a top line revenue of $21.4 million, marking a 3% growth year-over-year and a 4% growth quarter-over-quarter.
Read all positive updates
Company Guidance
During the Q3 2024 earnings call for East Side Games Group, the company reported a top-line revenue of $21.4 million, marking a 3% year-over-year and 4% quarter-over-quarter growth, alongside an adjusted EBITDA of $2.56 million with a 12% margin. The company maintained robust metrics, including an average daily active user count of 236,000, a stickiness rate of 24%, and an ARPDAU of $0.99. The quarter also saw the launch of Power Rangers Mighty Force, which quickly became the highest-ARPDAU game in their portfolio. East Side Games ended the quarter with an $8.3 million cash balance, a significant increase from the previous quarter, and continued its share buyback program, purchasing over 2 million shares at an average price of $0.66. The company announced strategic initiatives like launching on the Epic Games Store and the development of new games, including RuPaul's Drag Race Match Queen, set for release in early 2025.Leaf Mobile Inc Financial Statement Overview
Summary
Income Statement
27
Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Dec 2024 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 77.58M | 83.12M | 86.98M | 116.28M | 93.19M |
| Gross Profit | 37.42M | 50.77M | 54.33M | 59.71M | 59.91M |
| EBITDA | -171.94K | 9.25M | 12.11M | 22.76M | 4.70M |
| Net Income | -18.94M | -925.21K | 86.67K | 10.76M | -1.88M |
Balance Sheet | |||||
| Total Assets | 46.65M | 62.57M | 69.46M | 80.25M | 82.35M |
| Cash, Cash Equivalents and Short-Term Investments | 347.95K | 7.55M | 5.24M | 5.71M | 9.24M |
| Total Debt | 5.26M | 0.00 | 0.00 | 870.00K | 131.20K |
| Total Liabilities | 18.88M | 15.71M | 20.57M | 31.73M | 58.31M |
| Stockholders Equity | 27.76M | 46.86M | 48.88M | 48.52M | 24.03M |
Cash Flow | |||||
| Free Cash Flow | -3.73M | 4.18M | 912.05K | 5.91M | -86.22K |
| Operating Cash Flow | -3.63M | 8.38M | 1.57M | 10.02M | 1.02M |
| Investing Cash Flow | -8.47M | -4.21M | -660.94K | -4.12M | 8.02M |
| Financing Cash Flow | 4.89M | -1.86M | -1.33M | -9.49M | -4.21M |
Leaf Mobile Inc Technical Analysis
Negative
0.30
Price Trends
0.23
Negative
0.28
Negative
0.35
Negative
Market Momentum
-0.02
Positive
31.75
Neutral
11.11
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EAGR, the sentiment is Negative. The current price of 0.3 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.23, and below the 200-day MA of 0.35, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 31.75 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:EAGR.
Leaf Mobile Inc Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | C$36.11M | -4.77 | 9.46% | ― | 32.71% | ― | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
41 Neutral | C$4.78M | 0.40 | -183.15% | ― | -53.67% | -127.21% | |
41 Neutral | C$9.56M | -0.96 | ― | ― | -3.78% | 88.40% | |
40 Underperform | C$10.01M | -1.28 | -26.90% | ― | -6.22% | -439.10% |
* Communication Services Sector Average
TSE:EAGR
Leaf Mobile Inc
0.13
-0.26
-66.67%
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0.01
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25.00%
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0.01
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Leaf Mobile Inc Corporate Events
Business Operations and StrategyFinancial Disclosures
East Side Games Group Shifts From Aggressive Growth to Profitability After Challenging 2025
Negative
Apr 1, 2026
East Side Games Group reported 2025 revenue of $77.6 million and A-EBITDA of $0.8 million, with daily active users averaging about 209,000 and ARPDAU rising modestly year over year. Despite strong engagement and high-quality new releases, the comp...
Business Operations and StrategyFinancial Disclosures
East Side Games Group Sets Date for Q4 and Full-Year 2025 Results
Neutral
Mar 24, 2026
East Side Games Group will release its fourth-quarter and full-year 2025 financial results after market close on March 31, 2026. The company will follow the disclosure with a webcast and conference call that same day to review its performance with...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.