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Gameon Entertainment Technologies, Inc. (TSE:GET)
:GET

GameOn Entertainment Technologies (GET) AI Stock Analysis

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GameOn Entertainment Technologies

(OTC:GET)

46Neutral
The overall score of 46 reflects strong revenue growth but significant challenges in profitability, financial stability, and valuation. Technical analysis suggests potential pressure on stock price due to overbought conditions. The absence of dividend yield and negative profitability are major concerns impacting investor sentiment.

GameOn Entertainment Technologies (GET) vs. S&P 500 (SPY)

GameOn Entertainment Technologies Business Overview & Revenue Model

Company DescriptionGameOn Entertainment Technologies (GET) is a technology company operating within the entertainment and gaming sectors. It specializes in providing interactive, gamified experiences for sports and entertainment content providers. The company's core products include platforms that enable users to engage with live events through predictive gaming and social experiences, enhancing fan engagement and participation.
How the Company Makes MoneyGameOn Entertainment Technologies makes money through licensing its proprietary gamification platforms to sports and entertainment companies, allowing them to integrate these interactive experiences into their offerings. The company generates revenue from subscription fees, licensing agreements, and potentially through revenue-sharing models with its partners. Additionally, GameOn may have strategic partnerships with media companies, sports leagues, or broadcasters that contribute to its revenue streams. The monetization strategy is focused on leveraging its technology to enhance user engagement and provide value-added services to its clients.

GameOn Entertainment Technologies Financial Statement Overview

Summary
GameOn Entertainment Technologies shows promising revenue growth but faces challenges in profitability and financial stability. High debt levels and continued net losses highlight financial risks, while negative cash flow indicates ongoing liquidity challenges.
Income Statement
45
Neutral
The company exhibits a significant revenue growth of 295% from 2022 to 2023, indicating strong top-line performance. However, profitability remains a concern with a net profit margin of -209.8% and consistently negative EBIT and EBITDA margins, highlighting operational inefficiencies and high expenses relative to revenue.
Balance Sheet
40
Negative
The balance sheet shows a high debt-to-equity ratio of 2.14, indicating significant leverage which could pose financial risk. The equity ratio stands at 17.4%, suggesting a relatively low proportion of equity financing. Return on equity is negative due to net losses, reflecting ongoing challenges in generating sufficient returns for shareholders.
Cash Flow
50
Neutral
The company has improved its free cash flow from a deficit of $2.37 million in 2022 to a deficit of $0.94 million in 2023, indicating better cash management, although it remains negative. The operating cash flow to net income ratio is affected by negative figures, suggesting inefficiencies in converting sales into cash. Financing activities have provided substantial support to the cash flow.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
3.61M1.51M381.27K12.66K2.63K3.70K
Gross Profit
3.42M1.12M258.00K12.66K-640.23K3.70K
EBIT
-1.10M-2.65M-4.09M-8.53M-768.99K-373.07K
EBITDA
-497.01K-2.49M-3.99M-8.19M-48.16K-139.75K
Net Income Common Stockholders
-1.27M-3.16M-4.27M-9.07M-1.29M270.57K
Balance SheetCash, Cash Equivalents and Short-Term Investments
57.10K353.67K21.42K1.61M135.48K57.10K
Total Assets
3.24M5.31M5.56M6.17M7.37M3.24M
Total Debt
2.70M1.98M729.89K135.69K2.75M1.95M
Net Debt
2.65M1.62M708.46K-1.47M2.61M1.89M
Total Liabilities
2.85M4.39M2.27M425.36K3.37M3.05M
Stockholders Equity
390.71K925.17K3.29M5.74M4.00M191.01K
Cash FlowFree Cash Flow
-307.29K-942.10K-2.37M-5.40M-499.52K-62.98K
Operating Cash Flow
-307.29K-942.10K-2.17M-5.40M-499.52K-62.98K
Investing Cash Flow
0.000.00-200.00K1.70M4.04K-1.09M
Financing Cash Flow
-116.79K1.47M782.26K5.18M573.86K1.20M

GameOn Entertainment Technologies Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.01
Positive
200DMA
0.04
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
43.29
Neutral
STOCH
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GET, the sentiment is Negative. 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 below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.29 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GET.

GameOn Entertainment Technologies Peers Comparison

Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSSCR
77
Outperform
C$6.19B10.2610.83%2.63%796.07%-35.52%
74
Outperform
C$149.91M-7.16%7.29%-31.64%
59
Neutral
$27.83B1.88-18.16%4.00%2.13%-44.45%
48
Neutral
$13.53M-95.51%-44.89%42.48%
TSGET
46
Neutral
C$1.07M
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:GET
GameOn Entertainment Technologies
0.02
-0.10
-86.36%
TSE:BRAG
Bragg Gaming Group Inc
5.92
-2.93
-33.11%
TSE:SCR
Strathcona Resources
28.11
-2.77
-8.97%
TSE:EGLX
Enthusiast Gaming Holdings
0.07
-0.11
-62.16%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.