お知らせ • May 22
Playgon Games Inc., Annual General Meeting, Jun 29, 2026 Playgon Games Inc., Annual General Meeting, Jun 29, 2026. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Bobby Soper was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Jan 15
Playgon Games Inc., Annual General Meeting, Mar 06, 2025 Playgon Games Inc., Annual General Meeting, Mar 06, 2025. Board Change • Oct 29
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Bobby Soper was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 04
First quarter 2024 earnings released: CA$0.015 loss per share (vs CA$0.016 loss in 1Q 2023) First quarter 2024 results: CA$0.015 loss per share. Revenue: CA$230.3k (down 20% from 1Q 2023). Net loss: CA$4.41m (loss widened 11% from 1Q 2023). Reported Earnings • May 03
Full year 2023 earnings released Full year 2023 results: Revenue: CA$1.47m (up 54% from FY 2022). Net loss: CA$16.5m (loss narrowed 1.9% from FY 2022). New Risk • Dec 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.85m (US$9.55m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (34% average weekly change). Negative equity (-CA$14m). Earnings have declined by 30% per year over the past 5 years. Market cap is less than US$10m (€8.85m market cap, or US$9.55m). Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Revenue is less than US$5m (CA$1.4m revenue, or US$1.0m). Reported Earnings • Dec 01
Third quarter 2023 earnings released: CA$0.015 loss per share (vs CA$0.017 loss in 3Q 2022) Third quarter 2023 results: CA$0.015 loss per share (improved from CA$0.017 loss in 3Q 2022). Revenue: CA$436.9k (up 38% from 3Q 2022). Net loss: CA$3.94m (loss narrowed 6.2% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 57% per year, which means it is performing significantly worse than earnings. お知らせ • Nov 30
Playgon Games Inc. announced that it expects to receive CAD 5 million in funding Playgon Games Inc. announced a private placement of 5000 unsecured convertible debentures at a price of CAD 1,000 for gross proceeds of up to CAD 5,000,000 on November 30, 2023. The debentures are expected to mature on May 3, 2025 and each debenture will bear simple interest at 10% per annum. Holders of debentures will also be entitled to convert the principal amount of the debentures at any time on or prior to the maturity date into common shares at a price of CAD 0.05 per common share. Closing of the proposed offering is expected to occur as soon as reasonably practicable, and remains subject to the approval of the TSXV and the board of directors of the company. The proposed offering also remains subject to customary closing conditions for transactions of this nature. Board Change • Nov 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Bobby Soper was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Oct 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$11m free cash flow). Share price has been highly volatile over the past 3 months (32% average weekly change). Negative equity (-CA$9.8m). Earnings have declined by 32% per year over the past 5 years. Revenue is less than US$1m (CA$1.3m revenue, or US$950k). Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (€13.0m market cap, or US$13.7m). お知らせ • Oct 07
Playgon Games Inc., Annual General Meeting, Dec 01, 2023 Playgon Games Inc., Annual General Meeting, Dec 01, 2023. Reported Earnings • Aug 29
Second quarter 2023 earnings released: CA$0.017 loss per share (vs CA$0.017 loss in 2Q 2022) Second quarter 2023 results: CA$0.017 loss per share (in line with 2Q 2022). Revenue: CA$413.4k (up 91% from 2Q 2022). Net loss: CA$4.37m (flat on 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings. お知らせ • Aug 22
Playgon Games Inc. Receives Ontario Gaming-Related Supplier License Playgon Games Inc. has been granted a license by the Alcohol and Gaming Commission of Ontario (AGCO), the regulatory agency responsible for the oversight of the modern open and regulated iGaming and sports betting market in Ontario. The license will allow Playgon to supply Ontario approved iGaming and sports betting operators with its mobile focused live dealer platform from its broadcasting studio in Las Vegas, Nevada. Having already secured interest in anticipation of receiving license the Company is now able to move forward and partner with iGaming operators in this growing North American regulated jurisdiction to introduce mobile focused live dealer technology (VegasL lounge) to local players in the Canadian province. Further announcements will be made once go live. New Risk • Aug 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.69m (US$9.54m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Negative equity (-CA$6.2m). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m (CA$1.1m revenue, or US$822k). Market cap is less than US$10m (€8.69m market cap, or US$9.54m). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director William Scott was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director William Scott was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director William Scott was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 24
Insider recently sold €636k worth of stock On the 17th of March, Kathleen Crook sold around 2m shares on-market at roughly €0.42 per share. In the last 3 months, they made an even bigger sale worth €2.0m. Insiders have been net sellers, collectively disposing of €2.6m more than they bought in the last 12 months. Recent Insider Transactions • Mar 14
Insider recently sold €2.0m worth of stock On the 9th of March, Kathleen Crook sold around 5m shares on-market at roughly €0.45 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.9m more than they bought in the last 12 months. Is New 90 Day High Low • Dec 06
New 90-day high: €0.32 The company is up 54% from its price of €0.21 on 07 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 10.0% over the same period. 