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Wondr Gaming Corp (TSE:VRTS)
TSX:VRTS
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Wondr Gaming Corp (VRTS) AI Stock Analysis

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TSE:VRTS

Wondr Gaming Corp

(TSX:VRTS)

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Neutral 42 (OpenAI - Gpt-5.6Sol)
Rating:42Neutral
Price Target:
C$0.01
▲(0.00% Upside)
Action:Reiterated
Date:08/19/26
The score is primarily weighed down by weak financial performance: persistent large losses, negative equity, rising debt, and continued negative operating/free cash flow despite strong recent revenue growth and improved gross margin. Limited technical data prevents confirming momentum, and valuation signals are constrained by a negative P/E and lack of dividend yield information.
Positive Factors
Strong Revenue Growth
TTM revenue growth of about 178% shows a substantial rebound in demand or monetization. If sustained, the larger revenue base can improve operating leverage and provide a foundation for scaling, although profitability has not yet followed.
Negative Factors
Persistent Net Losses
Large net losses have persisted despite the revenue rebound, showing that growth has not yet translated into a viable earnings model. Continued losses can restrict reinvestment capacity and increase dependence on external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
TTM revenue growth of about 178% shows a substantial rebound in demand or monetization. If sustained, the larger revenue base can improve operating leverage and provide a foundation for scaling, although profitability has not yet followed.
Read all positive factors

Wondr Gaming Corp (VRTS) vs. iShares MSCI Canada ETF (EWC)

Wondr Gaming Corp Business Overview & Revenue Model

Company Description
Vertiqal Studios Corp. is a Toronto-based digital strategy, creative, and distribution holding company that owns one of North America's largest gaming and lifestyle networks on social media. The company manages over 200 channels on platforms like ...
How the Company Makes Money
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Wondr Gaming Corp Financial Statement Overview

Summary
Despite sharp TTM revenue growth (~+178%) and improved gross margin (~21% vs. ~3% in 2025), the company remains deeply unprofitable with large, persistent net losses (about -$10.7M TTM) and heavily negative operating/net margins. The balance sheet is strained by negative shareholder equity (TTM and 2025) and rising debt (~$7.2M TTM), while cash flow remains negative with ongoing cash burn (operating cash flow about -$3.0M; free cash flow about -$2.9M).
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
16
Very Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Dec 2021
Income Statement
Total Revenue5.95M5.83M4.86M4.85M3.56M186.92K
Gross Profit742.25K188.68K3.37M3.44M2.34M107.27K
EBITDA-7.28M-5.97M-808.87K-50.40M-9.52M-9.30M
Net Income-10.69M-10.49M-2.37M-49.02M-10.71M-9.58M
Balance Sheet
Total Assets9.78M12.18M4.87M7.41M49.56M7.85M
Cash, Cash Equivalents and Short-Term Investments585.66K360.51K506.13K1.16M556.80K3.75M
Total Debt7.24M5.66M5.64M5.78M3.99M21.00K
Total Liabilities19.38M19.51M8.86M9.48M17.21M1.70M
Stockholders Equity-9.60M-7.33M-4.00M-2.07M32.35M6.15M
Cash Flow
Free Cash Flow-2.93M-2.71M-1.08M-3.63M-5.74M-4.67M
Operating Cash Flow-2.96M-2.74M-952.07K-3.63M-5.48M-4.66M
Investing Cash Flow-423.11K-423.11K560.65K-6.64M-12.60M-48.23K
Financing Cash Flow4.24M3.40M120.05K10.86M14.91M8.20M

Wondr Gaming Corp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
45
Neutral
C$4.72M-6.77-87.88%-100.00%89.23%
44
Neutral
C$17.97M-1.76-22.87%1.68%-9022.22%
43
Neutral
C$5.39M-0.22-65.14%-21.31%-374.52%
42
Neutral
C$4.33M-0.39176.79%35.39%-184.44%
41
Neutral
C$8.17M-34.62-982.61%-44.00%99.85%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:VRTS
Wondr Gaming Corp
0.01
-0.01
-50.00%
TSE:EGLX
Enthusiast Gaming Holdings
0.05
-0.07
-59.09%
TSE:EAGR
Leaf Mobile Inc
0.07
-0.35
-83.33%
TSE:TGS.H
TGS Esports Inc
0.06
0.00
0.00%
TSE:AIC
Alpha Esports Tech
0.40
0.15
60.00%
TSE:OAM
OverActive Media Corp
0.14
-0.26
-65.50%

Wondr Gaming Corp Corporate Events

Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresPrivate Placements and Financing
Vertiqal Studios Grows Revenue, Narrows Loss and Adds Veteran Media Executive to Board
Positive
Aug 14, 2026
Vertiqal Studios reported second quarter 2026 revenue of $881,792, up 13.4% year over year and 21.4% sequentially, while its direct media revenue stream surged 130% over the first half of 2025. Despite gross margin compression and a wider year-ove...
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.Date of analysis: Aug 19, 2026