Playground Ventures Inc (PLAY) AI Stock Analysis

• Market Cap: C$2.11M
• Dividend Yield: N/A
• Average Volume (3M): 12.11K
• Price to Earnings (P/E): 6.0
• Beta (1Y): 0.83
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Communication Services
• Sector Strength: 84
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): 0.00
• Shares Outstanding: 84,441,890
• 10 Day Avg. Volume: 13,356
• 30 Day Avg. Volume: 12,107
• PEG Ratio: 1.22
• Price to Book (P/B): -6.37
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -26.00
• 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

The overall stock score of Playground Ventures Inc. is significantly impacted by its weak financial performance, reflecting high financial instability and operational challenges. Although the stock shows some technical stability and appears undervalued based on the P/E ratio, these factors are overshadowed by the company's lack of revenue generation and negative equity, posing substantial risks to potential investors.

Playground Ventures Inc Business Overview & Revenue Model

Company Description

Playground Ventures Inc. operates as a developer of platforms and video game publisher. The company was formerly known as Blocplay Entertainment Inc. and changed its name to Playground Ventures Inc. in April 2021. Playground Ventures Inc. was incorporated in 2014 and is based in Toronto, Canada.

How the Company Makes Money

Playground Ventures Inc Financial Statement Overview

Summary

Playground Ventures Inc. faces significant financial challenges with no revenue generation, negative equity, and reliance on external financing. The company's profitability and cash flow positions are weak, indicating potential financial instability and operational hurdles in the interactive multi-media industry.

Income Statement

The income statement reflects a challenging financial position with no revenue generation and inconsistent profitability. The company shows net income for the TTM but has historically experienced high volatility in EBIT and net income. The lack of revenue growth and negative EBIT margins indicates operational inefficiencies and challenges in scaling the business.

Balance Sheet

The balance sheet is notably weak, highlighted by negative stockholders' equity, indicating that liabilities exceed assets. The debt-to-equity ratio is not meaningful due to negative equity, while the equity ratio is negative, reflecting a highly leveraged position with potential solvency risks.

Cash Flow

Cash flow statements show negative free cash flow and operating cash flow, suggesting liquidity challenges. There is no positive trend in free cash flow growth, and the company relies heavily on financing activities to fund operations, which may not be sustainable long-term.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-91.61K	-93.92K	4.54M	-1.89M	-246.28K	-623.13K
	EBITDA
-38.75K	344.26K	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
335.80K	292.84K	-7.77M	-1.90M	-183.92K	287.18K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.18K	125.00	2.77K	54.61K	148.45K	44.72K
	Total Assets
1.09M	31.00K	126.22K	6.62M	1.55M	46.49K
	Total Debt
11.40K	12.38K	10.47K	0.00	0.00	0.00
	Net Debt
8.22K	12.26K	7.70K	-54.61K	-148.45K	-44.72K
	Total Liabilities
788.02K	420.18K	1.07M	729.24K	210.48K	671.77K
	Stockholders Equity
299.98K	-389.18K	-944.18K	5.89M	1.34M	-625.28K
Cash Flow		Free Cash Flow
-81.19K	-84.14K	-128.83K	-880.68K	-583.01K	27.05K
	Operating Cash Flow
-81.19K	-84.14K	-115.70K	-880.68K	-583.01K	27.05K
	Investing Cash Flow
-41.30K	-41.30K	-370.02K	-2.09M	-150.00K	0.00
	Financing Cash Flow
124.91K	122.79K	433.89K	2.88M	836.74K	0.00

Playground Ventures Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PLAY, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 46.11 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PLAY.

Playground Ventures Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SCR	77 Outperform	C$6.48B	9.15	12.43%	2.51%	796.07%	-35.52%
BRAG	72 Outperform	C$162.94M	―	-8.37%	―	12.10%	-8.43%
Sector *	60 Neutral	$14.07B	6.89	-3.35%	3.68%	2.42%	-36.25%
WILD	56 Neutral	$431.00M	―	-3581.90%	―	8.40%	-137.80%
TGO	47 Neutral	C$23.04M	―	-170.20%	―	0.38%	7.22%
EGLX	46 Neutral	$10.35M	―	-105.94%	―	-61.29%	12.95%
PLAY	31 Underperform	C$2.11M	5.95		―	―	―