Playground Ventures Inc (PLAY) AI Stock Analysis

• Market Cap: C$2.96M
• Dividend Yield: N/A
• Average Volume (3M): 9.96K
• Price to Earnings (P/E): 6.0
• Beta (1Y): 0.74
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Communication Services
• Sector Strength: 87
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): N/A
• Shares Outstanding: 84,441,890
• 10 Day Avg. Volume: 10,140
• 30 Day Avg. Volume: 9,965
• PEG Ratio: -0.03
• Price to Book (P/B): -1.46
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 33.83
• 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

• Rating: 31 Underperform
• Price Target: ―

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00
	EBIT
-143.00K	-93.92K	-1.16M	-1.89M	-246.00K
	EBITDA
0.00	344.26K	4.54M	-1.89M	-246.00K
	Net Income Common Stockholders
-25.88K	292.84K	-7.77M	-1.91M	-149.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
11.18K	125.00	2.77K	54.61K	148.45K
	Total Assets
18.08K	31.00K	126.22K	6.62M	1.55M
	Total Debt
13.89K	12.38K	10.47K	0.00	0.00
	Net Debt
2.71K	12.26K	-2.77K	-54.61K	-148.45K
	Total Liabilities
367.12K	420.18K	1.07M	729.24K	210.48K
	Stockholders Equity
-349.04K	-389.18K	-944.18K	5.89M	1.34M
Cash Flow		Free Cash Flow
-73.51K	-84.14K	-128.83K	-880.68K	-583.01K
	Operating Cash Flow
-73.51K	-84.14K	-115.70K	-880.68K	-583.01K
	Investing Cash Flow
0.00	-41.30K	-370.02K	-2.09M	-150.00K
	Financing Cash Flow
84.56K	122.79K	433.89K	2.88M	836.74K

Playground Ventures Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PLAY, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.24 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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$6.69B	9.45	12.43%	3.84%	796.07%	-35.52%
BRAG	65 Neutral	C$145.14M	―	-8.37%	―	12.10%	-8.43%
Sector *	61 Neutral	$14.74B	5.97	-3.99%	6.57%	2.79%	-32.84%
WILD	56 Neutral	$428.87M	―	-3581.90%	―	8.40%	-137.80%
TGO	50 Neutral	C$23.84M	―	-170.20%	―	0.38%	7.22%
EGLX	47 Neutral	$7.96M	―	-105.94%	―	-61.29%	12.95%
PLAY	31 Underperform	C$2.96M	5.95		―	―	―