View Financial HealthGames Operators 배당 및 자사주 매입배당 기준 점검 2/6Games Operators 은(는) 현재 수익률이 7.09% 인 배당금 지급 회사입니다.핵심 정보7.1%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률20.3%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향96%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jun 28Upcoming dividend of zł0.21 per shareEligible shareholders must have bought the stock before 05 July 2024. Payment date: 19 July 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.7%).Upcoming Dividend • Jun 23Upcoming dividend of zł0.60 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 14 July 2023. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.1%).Upcoming Dividend • Sep 22Upcoming dividend of zł0.44 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 21 October 2022. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.2%).모든 업데이트 보기Recent updates공시 • May 18Games Operators S.A., Annual General Meeting, Jun 11, 2026Games Operators S.A., Annual General Meeting, Jun 11, 2026, at 11:00 Central European Standard Time.공시 • Aug 26Games Operators S.A. to Report First Half, 2025 Results on Sep 30, 2025Games Operators S.A. announced that they will report first half, 2025 results on Sep 30, 2025Reported Earnings • Oct 02Second quarter 2024 earnings released: EPS: zł1.48 (vs zł0.067 loss in 2Q 2023)Second quarter 2024 results: EPS: zł1.48 (up from zł0.067 loss in 2Q 2023). Revenue: zł19.1m (up zł18.1m from 2Q 2023). Net income: zł8.19m (up zł8.56m from 2Q 2023). Profit margin: 43% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 28Upcoming dividend of zł0.21 per shareEligible shareholders must have bought the stock before 05 July 2024. Payment date: 19 July 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.7%).Reported Earnings • Jun 04First quarter 2024 earnings released: EPS: zł0.05 (vs zł0.059 in 1Q 2023)First quarter 2024 results: EPS: zł0.05 (down from zł0.059 in 1Q 2023). Revenue: zł1.05m (up 16% from 1Q 2023). Net income: zł251.0k (down 23% from 1Q 2023). Profit margin: 24% (down from 36% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.공시 • May 31Games Operators S.A., Annual General Meeting, Jun 27, 2024Games Operators S.A., Annual General Meeting, Jun 27, 2024.New Risk • Apr 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Dividend per share is over 28x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (37% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (16% net profit margin). Revenue is less than US$5m (zł4.7m revenue, or US$1.2m). Market cap is less than US$100m (€34.5m market cap, or US$36.7m).Reported Earnings • Mar 14Full year 2023 earnings released: EPS: zł0.14 (vs zł0.61 in FY 2022)Full year 2023 results: EPS: zł0.14 (down from zł0.61 in FY 2022). Revenue: zł4.84m (down 20% from FY 2022). Net income: zł751.0k (down 78% from FY 2022). Profit margin: 16% (down from 56% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jan 30+ 3 more updatesGames Operators S.A. to Report Q2, 2024 Results on Sep 27, 2024Games Operators S.A. announced that they will report Q2, 2024 results on Sep 27, 2024Reported Earnings • Oct 02Second quarter 2023 earnings released: zł0.10 loss per share (vs zł0.25 profit in 2Q 2022)Second quarter 2023 results: zł0.10 loss per share (down from zł0.25 profit in 2Q 2022). Revenue: zł1.07m (down 30% from 2Q 2022). Net loss: zł369.0k (down 128% from profit in 2Q 2022).Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €7.08, the stock trades at a trailing P/E ratio of 78.7x. Average trailing P/E is 17x in the Entertainment industry in Germany. Total returns to shareholders of 308% over the past year.New Risk • Aug 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 141% Paying a dividend despite having no free cash flows. Earnings have declined by 5.7% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Revenue is less than US$5m (zł5.0m revenue, or US$1.2m). Market cap is less than US$100m (€38.2m market cap, or US$41.8m).Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €5.80, the stock trades at a trailing P/E ratio of 57.8x. Average trailing P/E is 19x in the Entertainment industry in Germany. Total returns to shareholders of 305% over the past year.Valuation Update With 7 Day Price Move • Jul 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €5.04, the stock trades at a trailing P/E ratio of 48.4x. Average trailing P/E is 18x in the Entertainment industry in Germany. Total returns to shareholders of 281% over the past year.Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €4.65, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 20x in the Entertainment industry in Germany. Total returns to shareholders of 249% over the past year.Upcoming Dividend • Jun 23Upcoming dividend of zł0.60 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 14 July 2023. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.1%).New Risk • Jun 15New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 99% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Paying a dividend despite having no free cash flows. Earnings have declined by 5.7% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Revenue is less than US$5m (zł5.0m revenue, or US$1.2m). Market cap is less than US$100m (€22.4m market cap, or US$24.3m).공시 • May 31Games Operators S.A., Annual General Meeting, Jun 23, 2023Games Operators S.A., Annual General Meeting, Jun 23, 2023, at 13:00 Central European Standard Time.Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €3.84, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 17x in the Entertainment industry in Germany. Total returns to shareholders of 182% over the past year.Buying Opportunity • Mar 03Now 24% undervaluedOver the last 90 days, the stock is up 77%. The fair value is estimated to be €4.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 12%.Buying Opportunity • Feb 15Now 24% undervaluedOver the last 90 days, the stock is up 118%. The fair value is estimated to be €4.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 12%.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €3.03, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 34x in the Entertainment industry in Germany. Total returns to shareholders of 62% over the past year.공시 • Feb 05Games Operators S.A. to Report Q3, 2023 Results on Nov 29, 2023Games Operators S.A. announced that they will report Q3, 2023 results on Nov 29, 2023공시 • Feb 03+ 2 more updatesGames Operators S.A. to Report Fiscal Year 2022 Results on Feb 28, 2023Games Operators S.A. announced that they will report fiscal year 2022 results on Feb 28, 2023Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to €2.10, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 31x in the Entertainment industry in Germany. Total returns to shareholders of 14% over the past year.Reported Earnings • Dec 01Third quarter 2022 earnings released: EPS: zł0.30 (vs zł0.24 in 3Q 2021)Third quarter 2022 results: EPS: zł0.30 (up from zł0.24 in 3Q 2021). Revenue: zł1.27m (down 59% from 3Q 2021). Net income: zł1.71m (up 32% from 3Q 2021).Reported Earnings • Oct 04Second quarter 2022 earnings released: EPS: zł0.25 (vs zł0.051 in 2Q 2021)Second quarter 2022 results: EPS: zł0.25 (up from zł0.051 in 2Q 2021). Revenue: zł1.53m (down 16% from 2Q 2021). Net income: zł1.34m (up 392% from 2Q 2021). Profit margin: 87% (up from 15% in 2Q 2021). The increase in margin was driven by lower expenses.Upcoming Dividend • Sep 22Upcoming dividend of zł0.44 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 21 October 2022. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.2%).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.84, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 19x in the Entertainment industry in Germany. Total loss to shareholders of 27% over the past year.공시 • Jun 07Games Operators S.A., Annual General Meeting, Jun 30, 2022Games Operators S.A., Annual General Meeting, Jun 30, 2022, at 13:00 Central European Standard Time.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improved over the past weekAfter last week's 21% share price gain to €1.76, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 15x in the Entertainment industry in Germany. Total loss to shareholders of 48% over the past year.공시 • Feb 02+ 3 more updatesGames Operators S.A. to Report Q3, 2022 Results on Nov 29, 2022Games Operators S.A. announced that they will report Q3, 2022 results on Nov 29, 2022Reported Earnings • Dec 03Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: zł0.24 (up from zł0.09 in 3Q 2020). Revenue: zł3.05m (up 65% from 3Q 2020). Net income: zł1.30m (up 174% from 3Q 2020). Profit margin: 42% (up from 26% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 31%, compared to a 304% growth forecast for the industry in Germany.Reported Earnings • Oct 03Second quarter 2021 earnings released: EPS zł0.05 (vs zł0.12 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł1.84m (down 51% from 2Q 2020). Net income: zł272.0k (down 58% from 2Q 2020). Profit margin: 15% (down from 17% in 2Q 2020). The decrease in margin was driven by lower revenue.Reported Earnings • Jun 03First quarter 2021 earnings released: EPS zł0.16 (vs zł0.096 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: zł2.08m (up 119% from 1Q 2020). Net income: zł881.0k (up 80% from 1Q 2020). Profit margin: 42% (down from 52% in 1Q 2020). The decrease in margin was driven by higher expenses.Reported Earnings • Apr 04Full year 2020 earnings released: EPS zł0.35 (vs zł0.84 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: zł7.96m (up 22% from FY 2019). Net income: zł1.89m (down 55% from FY 2019). Profit margin: 24% (down from 65% in FY 2019). The decrease in margin was driven by higher expenses.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 8P7 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: 8P7 의 배당금 지급이 증가했지만 회사는 5 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Games Operators 배당 수익률 vs 시장8P7의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (8P7)7.1%시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.5%업계 평균 (Entertainment)2.6%분석가 예측 (8P7) (최대 3년)n/a주목할만한 배당금: 8P7 의 배당금( 7.09% )은 German 시장에서 배당금 지급자의 하위 25%( 1.54% )보다 높습니다.고배당: 8P7 의 배당금( 7.09% )은 German 시장( 4.55% )주주 대상 이익 배당수익 보장: 지급 비율 ( 96% )이 높기 때문에 8P7 의 배당금 지급은 수익으로 잘 충당되지 않습니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 822% )이 높기 때문에 8P7 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 07:51종가2026/05/22 00:00수익2025/09/30연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Games Operators S.A.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Tomasz SokolowskiSantander Brokerage PolandMichal SopielSantander Brokerage Poland
Upcoming Dividend • Jun 28Upcoming dividend of zł0.21 per shareEligible shareholders must have bought the stock before 05 July 2024. Payment date: 19 July 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.7%).
Upcoming Dividend • Jun 23Upcoming dividend of zł0.60 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 14 July 2023. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.1%).
Upcoming Dividend • Sep 22Upcoming dividend of zł0.44 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 21 October 2022. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.2%).
공시 • May 18Games Operators S.A., Annual General Meeting, Jun 11, 2026Games Operators S.A., Annual General Meeting, Jun 11, 2026, at 11:00 Central European Standard Time.
공시 • Aug 26Games Operators S.A. to Report First Half, 2025 Results on Sep 30, 2025Games Operators S.A. announced that they will report first half, 2025 results on Sep 30, 2025
Reported Earnings • Oct 02Second quarter 2024 earnings released: EPS: zł1.48 (vs zł0.067 loss in 2Q 2023)Second quarter 2024 results: EPS: zł1.48 (up from zł0.067 loss in 2Q 2023). Revenue: zł19.1m (up zł18.1m from 2Q 2023). Net income: zł8.19m (up zł8.56m from 2Q 2023). Profit margin: 43% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 28Upcoming dividend of zł0.21 per shareEligible shareholders must have bought the stock before 05 July 2024. Payment date: 19 July 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.7%).
Reported Earnings • Jun 04First quarter 2024 earnings released: EPS: zł0.05 (vs zł0.059 in 1Q 2023)First quarter 2024 results: EPS: zł0.05 (down from zł0.059 in 1Q 2023). Revenue: zł1.05m (up 16% from 1Q 2023). Net income: zł251.0k (down 23% from 1Q 2023). Profit margin: 24% (down from 36% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
공시 • May 31Games Operators S.A., Annual General Meeting, Jun 27, 2024Games Operators S.A., Annual General Meeting, Jun 27, 2024.
New Risk • Apr 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Dividend per share is over 28x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (37% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (16% net profit margin). Revenue is less than US$5m (zł4.7m revenue, or US$1.2m). Market cap is less than US$100m (€34.5m market cap, or US$36.7m).
Reported Earnings • Mar 14Full year 2023 earnings released: EPS: zł0.14 (vs zł0.61 in FY 2022)Full year 2023 results: EPS: zł0.14 (down from zł0.61 in FY 2022). Revenue: zł4.84m (down 20% from FY 2022). Net income: zł751.0k (down 78% from FY 2022). Profit margin: 16% (down from 56% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jan 30+ 3 more updatesGames Operators S.A. to Report Q2, 2024 Results on Sep 27, 2024Games Operators S.A. announced that they will report Q2, 2024 results on Sep 27, 2024
Reported Earnings • Oct 02Second quarter 2023 earnings released: zł0.10 loss per share (vs zł0.25 profit in 2Q 2022)Second quarter 2023 results: zł0.10 loss per share (down from zł0.25 profit in 2Q 2022). Revenue: zł1.07m (down 30% from 2Q 2022). Net loss: zł369.0k (down 128% from profit in 2Q 2022).
Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €7.08, the stock trades at a trailing P/E ratio of 78.7x. Average trailing P/E is 17x in the Entertainment industry in Germany. Total returns to shareholders of 308% over the past year.
New Risk • Aug 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 141% Paying a dividend despite having no free cash flows. Earnings have declined by 5.7% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Revenue is less than US$5m (zł5.0m revenue, or US$1.2m). Market cap is less than US$100m (€38.2m market cap, or US$41.8m).
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €5.80, the stock trades at a trailing P/E ratio of 57.8x. Average trailing P/E is 19x in the Entertainment industry in Germany. Total returns to shareholders of 305% over the past year.
Valuation Update With 7 Day Price Move • Jul 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €5.04, the stock trades at a trailing P/E ratio of 48.4x. Average trailing P/E is 18x in the Entertainment industry in Germany. Total returns to shareholders of 281% over the past year.
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €4.65, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 20x in the Entertainment industry in Germany. Total returns to shareholders of 249% over the past year.
Upcoming Dividend • Jun 23Upcoming dividend of zł0.60 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 14 July 2023. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.1%).
New Risk • Jun 15New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 99% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Paying a dividend despite having no free cash flows. Earnings have declined by 5.7% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Revenue is less than US$5m (zł5.0m revenue, or US$1.2m). Market cap is less than US$100m (€22.4m market cap, or US$24.3m).
공시 • May 31Games Operators S.A., Annual General Meeting, Jun 23, 2023Games Operators S.A., Annual General Meeting, Jun 23, 2023, at 13:00 Central European Standard Time.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €3.84, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 17x in the Entertainment industry in Germany. Total returns to shareholders of 182% over the past year.
Buying Opportunity • Mar 03Now 24% undervaluedOver the last 90 days, the stock is up 77%. The fair value is estimated to be €4.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 12%.
Buying Opportunity • Feb 15Now 24% undervaluedOver the last 90 days, the stock is up 118%. The fair value is estimated to be €4.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 12%.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €3.03, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 34x in the Entertainment industry in Germany. Total returns to shareholders of 62% over the past year.
공시 • Feb 05Games Operators S.A. to Report Q3, 2023 Results on Nov 29, 2023Games Operators S.A. announced that they will report Q3, 2023 results on Nov 29, 2023
공시 • Feb 03+ 2 more updatesGames Operators S.A. to Report Fiscal Year 2022 Results on Feb 28, 2023Games Operators S.A. announced that they will report fiscal year 2022 results on Feb 28, 2023
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to €2.10, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 31x in the Entertainment industry in Germany. Total returns to shareholders of 14% over the past year.
Reported Earnings • Dec 01Third quarter 2022 earnings released: EPS: zł0.30 (vs zł0.24 in 3Q 2021)Third quarter 2022 results: EPS: zł0.30 (up from zł0.24 in 3Q 2021). Revenue: zł1.27m (down 59% from 3Q 2021). Net income: zł1.71m (up 32% from 3Q 2021).
Reported Earnings • Oct 04Second quarter 2022 earnings released: EPS: zł0.25 (vs zł0.051 in 2Q 2021)Second quarter 2022 results: EPS: zł0.25 (up from zł0.051 in 2Q 2021). Revenue: zł1.53m (down 16% from 2Q 2021). Net income: zł1.34m (up 392% from 2Q 2021). Profit margin: 87% (up from 15% in 2Q 2021). The increase in margin was driven by lower expenses.
Upcoming Dividend • Sep 22Upcoming dividend of zł0.44 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 21 October 2022. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.2%).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.84, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 19x in the Entertainment industry in Germany. Total loss to shareholders of 27% over the past year.
공시 • Jun 07Games Operators S.A., Annual General Meeting, Jun 30, 2022Games Operators S.A., Annual General Meeting, Jun 30, 2022, at 13:00 Central European Standard Time.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improved over the past weekAfter last week's 21% share price gain to €1.76, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 15x in the Entertainment industry in Germany. Total loss to shareholders of 48% over the past year.
공시 • Feb 02+ 3 more updatesGames Operators S.A. to Report Q3, 2022 Results on Nov 29, 2022Games Operators S.A. announced that they will report Q3, 2022 results on Nov 29, 2022
Reported Earnings • Dec 03Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: zł0.24 (up from zł0.09 in 3Q 2020). Revenue: zł3.05m (up 65% from 3Q 2020). Net income: zł1.30m (up 174% from 3Q 2020). Profit margin: 42% (up from 26% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 31%, compared to a 304% growth forecast for the industry in Germany.
Reported Earnings • Oct 03Second quarter 2021 earnings released: EPS zł0.05 (vs zł0.12 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł1.84m (down 51% from 2Q 2020). Net income: zł272.0k (down 58% from 2Q 2020). Profit margin: 15% (down from 17% in 2Q 2020). The decrease in margin was driven by lower revenue.
Reported Earnings • Jun 03First quarter 2021 earnings released: EPS zł0.16 (vs zł0.096 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: zł2.08m (up 119% from 1Q 2020). Net income: zł881.0k (up 80% from 1Q 2020). Profit margin: 42% (down from 52% in 1Q 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • Apr 04Full year 2020 earnings released: EPS zł0.35 (vs zł0.84 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: zł7.96m (up 22% from FY 2019). Net income: zł1.89m (down 55% from FY 2019). Profit margin: 24% (down from 65% in FY 2019). The decrease in margin was driven by higher expenses.