New Risk • Jun 14
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.02x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.02x net interest cover). Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-CL$139b). High level of non-cash earnings (23% accrual ratio). Market cap is less than US$10m (CL$8.48b market cap, or US$9.44m). Reported Earnings • Jun 04
First quarter 2026 earnings released: CL$0.22 loss per share (vs CL$0.13 profit in 1Q 2025) First quarter 2026 results: CL$0.22 loss per share (down from CL$0.13 profit in 1Q 2025). Revenue: CL$11.2b (down 24% from 1Q 2025). Net loss: CL$11.4b (down 274% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. New Risk • Apr 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chilean stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.03x net interest cover). Negative equity (-CL$128b). High level of non-cash earnings (35% accrual ratio). Market cap is less than US$10m (CL$7.96b market cap, or US$8.97m). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change). Reported Earnings • Apr 06
Full year 2025 earnings released: EPS: CL$0.57 (vs CL$3.09 loss in FY 2024) Full year 2025 results: EPS: CL$0.57 (up from CL$3.09 loss in FY 2024). Revenue: CL$49.1b (down 78% from FY 2024). Net income: CL$40.1b (up CL$201.6b from FY 2024). Profit margin: 82% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 02
Enjoy S.A., Annual General Meeting, Apr 28, 2026 Enjoy S.A., Annual General Meeting, Apr 28, 2026. Location: av santa maria no 5888, vitacura tanica building, santiago Chile New Risk • Dec 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CL$6.7b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-CL$6.7b free cash flow). Negative equity (-CL$137b). Market cap is less than US$10m (CL$9.21b market cap, or US$9.91m). Reported Earnings • Dec 02
Third quarter 2025 earnings released: CL$0.36 loss per share (vs CL$0.34 loss in 3Q 2024) Third quarter 2025 results: CL$0.36 loss per share (further deteriorated from CL$0.34 loss in 3Q 2024). Revenue: CL$11.5b (down 79% from 3Q 2024). Net loss: CL$19.0b (loss widened 7.8% from 3Q 2024). 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 50% per year, which means it is performing significantly worse than earnings. Reported Earnings • Sep 16
Second quarter 2025 earnings released: EPS: CL$0.83 (vs CL$1.01 loss in 2Q 2024) Second quarter 2025 results: EPS: CL$0.83 (up from CL$1.01 loss in 2Q 2024). Revenue: CL$12.3b (down 30% from 2Q 2024). Net income: CL$43.4b (up CL$96.3b from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. New Risk • Aug 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CL$9.11b (US$9.34m) 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 (13% average weekly change). Negative equity (-CL$159b). Earnings have declined by 3.5% per year over the past 5 years. Market cap is less than US$10m (CL$9.11b market cap, or US$9.34m). Buy Or Sell Opportunity • May 13
Now 25% undervalued Over the last 90 days, the stock has risen 15% to CL$0.28. The fair value is estimated to be CL$0.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 18%. New Risk • Apr 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CL$7.75b (US$8.16m) 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 (6.7% average weekly change). Negative equity (-CL$50b). Earnings have declined by 7.6% per year over the past 5 years. Market cap is less than US$10m (CL$7.75b market cap, or US$8.16m). Reported Earnings • Sep 11
Second quarter 2024 earnings released: CL$1.15 loss per share (vs CL$0.59 loss in 2Q 2023) Second quarter 2024 results: CL$1.15 loss per share (further deteriorated from CL$0.59 loss in 2Q 2023). Revenue: CL$70.4b (down 1.4% from 2Q 2023). Net loss: CL$60.4b (loss widened 94% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. New Risk • Sep 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chilean stocks, typically moving 5.1% 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 (5.1% average weekly change). Earnings have declined by 11% per year over the past 5 years. Minor Risk Market cap is less than US$100m (CL$20.8b market cap, or US$22.6m). Reported Earnings • May 30
First quarter 2024 earnings released: CL$49.00 loss per share (vs CL$0.14 loss in 1Q 2023) First quarter 2024 results: CL$49.00 loss per share (further deteriorated from CL$0.14 loss in 1Q 2023). Revenue: CL$94.3b (flat on 1Q 2023). Net loss: CL$25.7b (loss widened 239% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 28
Full year 2023 earnings released: CL$1.72 loss per share (vs CL$1.10 loss in FY 2022) Full year 2023 results: CL$1.72 loss per share (further deteriorated from CL$1.10 loss in FY 2022). Revenue: CL$318.4b (up 4.0% from FY 2022). Net loss: CL$89.9b (loss widened 57% from FY 2022). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 29
Third quarter 2023 earnings released: CL$0.58 loss per share (vs CL$0.46 loss in 3Q 2022) Third quarter 2023 results: CL$0.58 loss per share (further deteriorated from CL$0.46 loss in 3Q 2022). Revenue: CL$66.4b (down 9.9% from 3Q 2022). Net loss: CL$30.6b (loss widened 29% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2023 earnings released: CL$0.59 loss per share (vs CL$0.61 loss in 2Q 2022) Second quarter 2023 results: CL$0.59 loss per share (improved from CL$0.61 loss in 2Q 2022). Revenue: CL$71.4b (up 6.8% from 2Q 2022). Net loss: CL$31.1b (loss narrowed 1.8% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Reported Earnings • May 31
First quarter 2023 earnings released: CL$0.14 loss per share (vs CL$0.11 profit in 1Q 2022) First quarter 2023 results: CL$0.14 loss per share (down from CL$0.11 profit in 1Q 2022). Revenue: CL$94.3b (up 9.4% from 1Q 2022). Net loss: CL$7.59b (down 235% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 30
Full year 2022 earnings released: CL$1.10 loss per share (vs CL$2.90 loss in FY 2021) Full year 2022 results: CL$1.10 loss per share (improved from CL$2.90 loss in FY 2021). Revenue: CL$306.2b (up 157% from FY 2021). Net loss: CL$57.3b (loss narrowed 25% from FY 2021). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 30
Third quarter 2022 earnings released: CL$0.46 loss per share (vs CL$0.54 profit in 3Q 2021) Third quarter 2022 results: CL$0.46 loss per share (down from CL$0.54 profit in 3Q 2021). Revenue: CL$73.7b (up 100% from 3Q 2021). Net loss: CL$23.8b (loss widened 33% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 61% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. President of the Board Henry Comber Sigall was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
Second quarter 2022 earnings released: CL$0.61 loss per share (vs CL$2.30 loss in 2Q 2021) Second quarter 2022 results: CL$0.61 loss per share. Revenue: CL$66.9b (up CL$62.8b from 2Q 2021). Net loss: CL$31.7b (loss widened 3.7% from 2Q 2021). Reported Earnings • Jun 02
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CL$0.11 (up from CL$3.54 loss in 1Q 2021). Revenue: CL$86.2b (up 330% from 1Q 2021). Net income: CL$5.63b (up CL$22.5b from 1Q 2021). Profit margin: 6.5% (up from net loss in 1Q 2021). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates. 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 62% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. President of the Board Henry Comber Sigall was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 30
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: CL$2.90 loss per share (up from CL$27.80 loss in FY 2020). Revenue: CL$119.3b (up 32% from FY 2020). Net loss: CL$76.3b (loss narrowed 42% from FY 2020). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates by 37%. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has fallen by 62% per year, which means it is performing significantly worse than earnings. Reported Earnings • Dec 02
Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2021 results: EPS: CL$0.54 (up from CL$3.17 loss in 3Q 2020). Revenue: CL$36.8b (up CL$36.7b from 3Q 2020). Net loss: CL$17.9b (loss widened 20% from 3Q 2020). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Reported Earnings • Sep 01
Second quarter 2021 earnings released The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: CL$4.08b (down 753% from 2Q 2020). Net loss: CL$30.5b (loss narrowed 63% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance. Board Change • Aug 03
High number of new directors There are 6 new directors who have joined the board in the last 3 years. President of the Board Henry Comber Sigall was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 29
Enjoy S.A. (SNSE:ENJOY) signed an agreement to acquire remaining 40% stake in Casino de Colchagua S.A. for approximately CLP 400 million. Enjoy S.A. (SNSE:ENJOY) signed an agreement to acquire remaining 40% stake in Casino de Colchagua S.A. for approximately CLP 400 million on April 28, 2021. The transaction is subject to approval from market regulator Superintendencia de Casinos de Juego. Reported Earnings • Mar 29
Full year 2020 earnings released: CL$27.79 loss per share (vs CL$5.90 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CL$90.5b (down 66% from FY 2019). Net loss: CL$130.5b (loss widened 371% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 18
New 90-day high: CL$8.46 The company is up 16% from its price of CL$7.33 on 19 November 2020. The Chilean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 3.0% over the same period. Reported Earnings • Nov 29
Third quarter 2020 earnings released: CL$3.17 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: CL$122.1m (down 100% from 3Q 2019). Net loss: CL$14.9b (loss widened 57% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 50% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 14
New 90-day high: CL$7.51 The company is up 42% from its price of CL$5.30 on 14 August 2020. The Chilean market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 1.0% over the same period.