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Playground Ventures Inc (TSE:PLAY)
:PLAY
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Playground Ventures Inc
(PLAY)
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Rating:31Underperform
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 (PLAY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.69M
Dividend YieldN/A
Average Volume (3M)1.56K
Price to Earnings (P/E)6.0
Beta (1Y)1.03
Revenue GrowthN/A
EPS Growth-110.26%
CountryCA
EmployeesN/A
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)0.00
Shares Outstanding84,441,890
10 Day Avg. Volume1,675
30 Day Avg. Volume1,558
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
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
Playground Ventures Inc Business Overview & Revenue Model
Company DescriptionPlayground 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.10
Very Negative
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.5
Very Negative
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.15
Very Negative
| 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 |
| EBITDA | 0.00 | 344.26K | 4.54M | -1.89M | -246.00K |
| Net Income | -25.88K | 292.84K | -7.77M | -1.91M | -149.00K |
Balance Sheet | |||||
| Total Assets | 18.08K | 31.00K | 126.22K | 6.62M | 1.55M |
| Cash, Cash Equivalents and Short-Term Investments | 11.18K | 125.00 | 2.77K | 54.61K | 148.45K |
| Total Debt | 13.89K | 12.38K | 10.47K | 0.00 | 0.00 |
| 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
Negative
0.02
Price Trends
0.02
Negative
0.02
Negative
0.02
Negative
Market Momentum
>-0.01
Negative
41.35
Neutral
<0.01
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 above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 41.35 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
Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | 7.98B | 11.21 | ― | 2.98% | 20.21% | 7.08% | |
56 Neutral | 409.89M | -5.09 | ― | ― | 14.90% | 26.37% | |
49 Neutral | 104.60M | -12.72 | -7.94% | ― | 14.83% | 35.49% | |
40 Underperform | 33.69M | -1.21 | 675.04% | ― | -0.77% | -5.86% | |
40 Underperform | 11.14M | -0.08 | -185.48% | ― | -56.63% | -25.99% | |
31 Underperform | C$1.69M | 5.95 | ― | ― | ― | -110.26% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
* Communication Services Sector Average
Performance Comparison
TSE:PLAY
Playground Ventures Inc
0.02
0.01
100.00%
EPYFF
ePlay Digital
0.02
0.00
0.00%
PRYNF
Backstageplay
0.05
0.00
0.00%
ENTEF
ESE Entertainment
0.05
-0.03
-37.50%
GMETF
GameOn Entertainment Technologies
0.01
-0.02
-66.67%
TSE:VRTS
Wondr Gaming Corp
0.02
0.00
0.00%
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.