Wondr Gaming Corp (TSE:VRTS)
TSX:VRTS
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Wondr Gaming Corp
(TSX:VRTS)
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Rating:43Neutral
Price Target:
C$0.01
▼(-30.00% Downside)
Action:ReiteratedDate:01/21/26
The score is primarily held back by weak financial performance—heavy losses, ongoing cash burn, and negative equity that elevates financing risk. Technicals are broadly neutral with slightly negative momentum, and valuation provides limited support due to a negative P/E and no dividend yield.
Positive Factors
High gross margins
A gross margin near 67% implies strong unit economics in core offerings (ads, subscriptions). Durable high gross margins mean the business can scale revenue into meaningful gross profit, supporting future operating leverage and potential path to profitability as fixed costs are spread.
Negative Factors
Persistent negative cash flow
Materially negative operating and free cash flow indicate the company is burning cash to run and invest. This persistent cash consumption requires external financing, constrains strategic choices, and raises execution risk if capital markets tighten or funding costs rise.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margins
A gross margin near 67% implies strong unit economics in core offerings (ads, subscriptions). Durable high gross margins mean the business can scale revenue into meaningful gross profit, supporting future operating leverage and potential path to profitability as fixed costs are spread.
Read all positive factors
Wondr Gaming Corp (VRTS) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$9.56M
Dividend YieldN/A
Average Volume (3M)255.36K
Price to Earnings (P/E)―
Beta (1Y)0.92
Revenue Growth-3.78%
EPS Growth88.40%
CountryCA
Employees21
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding955,689,000
10 Day Avg. Volume281,484
30 Day Avg. Volume255,364
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)-3.16
Price to Sales (P/S)2.60
P/FCF Ratio-11.69
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)N/A
Revenue Forecast (FY)N/A
Wondr Gaming Corp Business Overview & Revenue Model
Company Description
Gamelancer Media Corp. a development stage technology and entertainment company. The company provides direct advertising services to brands through its social media channels, as well as focuses on acquiring assets on esports loyalty and rewards pr...
How the Company Makes Money
Wondr Gaming Corp generates revenue through multiple channels, primarily focusing on its technology platform that facilitates in-game advertising, brand partnerships, and sponsorship deals within the gaming space. The company earns money by chargi...
Wondr Gaming Corp Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
18
Very Negative
Cash Flow
16
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 | Nov 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.69M | 4.86M | 4.85M | 3.56M | 186.92K | 0.00 |
| Gross Profit | 3.16M | 3.37M | 3.44M | 2.34M | 107.27K | -22.29K |
| EBITDA | -4.39M | -808.87K | -50.40M | -9.52M | -9.30M | -1.91M |
| Net Income | -5.77M | -2.37M | -49.02M | -10.71M | -9.58M | 135.85K |
Balance Sheet | ||||||
| Total Assets | 12.42M | 4.87M | 7.41M | 49.56M | 7.85M | 57.48K |
| Cash, Cash Equivalents and Short-Term Investments | 397.54K | 506.13K | 1.16M | 556.80K | 3.75M | 53.59K |
| Total Debt | 4.86M | 5.64M | 5.78M | 3.99M | 21.00K | 63.80K |
| Total Liabilities | 14.12M | 8.86M | 9.48M | 17.21M | 1.70M | 30.75K |
| Stockholders Equity | -1.70M | -4.00M | -2.07M | 32.35M | 6.15M | 26.73K |
Cash Flow | ||||||
| Free Cash Flow | -2.81M | -1.08M | -3.63M | -5.74M | -4.67M | -275.11K |
| Operating Cash Flow | -2.81M | -952.07K | -3.63M | -5.48M | -4.66M | -91.41K |
| Investing Cash Flow | -679.35K | 560.65K | -6.64M | -12.60M | -48.23K | -208.20K |
| Financing Cash Flow | 3.72M | 120.05K | 10.86M | 14.91M | 8.20M | 145.00K |
Wondr Gaming Corp Technical Analysis
Positive
0.02
Price Trends
0.02
Positive
0.02
Positive
0.02
Positive
Market Momentum
>-0.01
Positive
55.52
Neutral
133.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:VRTS, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 55.52 is Neutral, neither overbought nor oversold. The STOCH value of 133.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:VRTS.
Wondr Gaming Corp Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
48 Neutral | C$27.31M | -2.58 | -22.90% | ― | 45.36% | -200.67% | |
43 Neutral | C$9.56M | -1.59 | ― | ― | -3.78% | 88.40% | |
43 Neutral | C$13.09M | -1.30 | -26.90% | ― | -6.22% | -439.10% | |
41 Neutral | C$5.57M | 0.40 | -183.15% | ― | -53.67% | -127.21% | |
40 Underperform | C$4.72M | -7.52 | ― | ― | -100.00% | 90.84% |
* Communication Services Sector Average
TSE:VRTS
Wondr Gaming Corp
0.01
-0.01
-50.00%
TSE:EGLX
Enthusiast Gaming Holdings
0.04
-0.03
-46.15%
TSE:EAGR
Leaf Mobile Inc
0.17
-0.21
-55.26%
TSE:TGS.H
TGS Esports Inc
0.06
0.00
0.00%
TSE:AIC
Alpha Esports Tech
0.40
0.20
100.00%
TSE:OAM
OverActive Media Corp
0.21
-0.06
-22.22%
Wondr Gaming Corp Corporate Events
Business Operations and StrategyExecutive/Board Changes
Vertiqal Studios CEO Jon Dwyer Steps Down; Co‑Founder Max Desmarais Named Interim Chief Executive
Neutral
Jan 27, 2026
Vertiqal Studios Corp. announced that chairman and chief executive officer Jon Dwyer has resigned from his roles, though he will remain as an advisor to the board to support continuity during the transition. Co‑founder and current president ...
Business Operations and StrategyPrivate Placements and Financing
Vertiqal Studios to Raise Up to US$2 Million via Secured Debenture Financing
Positive
Jan 23, 2026
Vertiqal Studios Corp. has announced plans to raise up to US$2 million through a senior secured debenture offering, carrying a 13% annual interest rate and maturing in 18 months, with interest paid as a balloon payment at maturity. The debentures ...
Business Operations and StrategyM&A Transactions
Vertiqal Studios Sells Luminosity Gaming to Sharpen Focus on Core Digital Network
Positive
Jan 17, 2026
Vertiqal Studios has completed the sale of its Luminosity Gaming asset, which it previously acquired from Enthusiast Gaming, for C$300,000 plus an additional C$125,000 contingent payment tied to revenue generated under a new sales agency agreement...
Business Operations and StrategyExecutive/Board Changes
Vertiqal Studios Strengthens Board with New Appointment
Positive
Nov 20, 2025
Vertiqal Studios has appointed Nikki Stone, a seasoned media executive with extensive experience in media, marketing, and commerce, to its Board of Directors. Stone’s expertise in transforming organizations and driving growth aligns with Ver...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Vertiqal Studios Sees Revenue Growth in Q3 2025 Amid Strategic Acquisitions
Positive
Nov 13, 2025
Vertiqal Studios reported a 16% year-over-year increase in Q3 2025 revenue, reaching $2.16 million, largely due to the acquisition of Enthusiast Gaming assets. Despite increased expenses from debt extinguishment and integration costs, the company ...
Business Operations and Strategy
Vertiqal Studios Secures Second Government Partnership in 2025
Positive
Nov 10, 2025
Vertiqal Studios’ US entity has renewed its partnership with a US government agency, marking its second such deal this year and reaching a seven-figure campaign spend in 2025. This renewal highlights Vertiqal’s expanding role as a stra...
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.