GAME
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2022-08-31 |
|---|---|---|---|---|
| Price to Earnings | -0.47 | -0.64 | -14.00 | -0.77 |
| Price to Sales | 0.24 | 0.49 | 9.39 | 0.27 |
| Book Value Per Common Share | -0.09 | 1.41 | 1.81 | 3.97 |
| Price to Book | -9.17 | 1.28 | 2.16 | 0.72 |
| Price to Operating Cash Flow | -0.75 | -1.25 | -22.11 | -0.55 |
| Price to Free Cash Flow | -0.75 | -1.25 | -22.06 | -0.55 |
| Enterprise Value to EBITDA |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | -67.88 | -10.86 | -4.25 | -4.06 | |
| Price to Sales | 5.27 | 2.14 | 1.03 | 1.15 | 2.45 |
| Book Value Per Common Share | 0.80 | -0.14 | -0.06 | -0.09 | 0.71 |
| Price to Book | 0.85 | -6.13 | -9.58 | -9.17 | 1.03 |
| Price to Operating Cash Flow | -5.76 | 19.93 | -2.55 | -5.17 | -2.94 |
| Price to Free Cash Flow | -0.88 | 19.93 | -2.44 | -5.17 | -2.92 |
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2022-08-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | 132.91 | 47.08 | -32.95 | |
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | -28.62 | -24.90 | -10.06 | 152.18 | |
| EBITDA YoY | |||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2022-08-31 |
|---|---|---|---|---|
| Cash Per Common Share | 0.43 | 0.26 | 0.01 | 2.20 |
| Quick Ratio | 0.62 | 0.54 | 0.86 | 0.81 |
| Current Ratio | 0.67 | 0.61 | 0.96 | 1.01 |
| Debt to Equity | 5.56 | 2.52 | 1.78 | 1.71 |
| Long-Term Debt to Equity | 1.00 | 0.55 | 0.33 | 0.32 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.07 | 0.12 | 0.13 | 0.37 | 0.36 |
| Quick Ratio | 0.48 | 0.37 | 0.52 | 0.62 | 0.64 |
| Current Ratio | 0.65 | 0.43 | 0.57 | 0.67 | 0.72 |
| Debt to Equity | 0.54 | -8.95 | 5.45 | 5.56 | 1.50 |
| Long-Term Debt to Equity | 0.03 | -0.25 | 1.15 | 1.00 | 0.06 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2022-08-31 |
|---|---|---|---|---|
| ROA | -61.92 | -48.34 | -89.69 | -10.36 |
| ROE | -406.11 | -170.36 | -249.40 | -28.03 |
| Gross Margin | 15.88 | 24.46 | 34.39 | 28.16 |
| Operating Margin | -57.16 | -62.12 | -64.85 | -27.61 |
| EBITDA Margin | -53.02 | -53.33 | -55.54 | -23.47 |
| Net Profit Margin | -50.68 | -75.74 | -64.53 | -10.51 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | -0.67 | -6.85 | -7.61 | -33.52 | -5.42 |
| ROE | -1.03 | 54.46 | -49.03 | -219.86 | -13.55 |
| Gross Margin | 49.43 | 15.31 | 15.79 | 10.24 | 45.29 |
| Operating Margin | -34.72 | -28.73 | -32.22 | -126.08 | -30.23 |
| EBITDA Margin | -31.41 | -26.20 | -28.63 | -122.26 | -19.77 |
| Net Profit Margin | -7.14 | -19.04 | -24.42 | -112.45 | -58.93 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2022-08-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2022-08-31 |
|---|---|---|---|---|
| Assets | 78,730.45 | 64,711.91 | 20,203.81 | 42,510.61 |
| Current Assets | 36,472.57 | 22,242.53 | 10,096.76 | 22,058.90 |
| Cash and Short-Term Investments | 12,094.95 | 2,945.37 | 977.41 | 8,601.71 |
| Cash and Cash Equivalents | 12,094.95 | 2,945.37 | 977.41 | 8,601.71 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 21,710.25 | 16,459.68 | 8,114.54 | 8,980.54 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 2,667.37 | 2,837.47 | 1,004.80 | 4,476.66 |
| Non-Current Assets | 42,257.88 | 42,469.38 | 10,107.05 | 20,451.71 |
| Property, Plant, Equipment Net | 2,874.47 | 4,624.33 | 5,497.22 | 138.50 |
| Goodwill | 12,704.98 | 16,303.99 | 0 | 15,200.19 |
| Intangible Assets | 15,265.74 | 18,574.14 | 4,609.84 | 2,483.17 |
| Long-Term Investments | 2,199.91 | 2,673.47 | 0 | 2,629.85 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 9,212.78 | 293.44 | 0.00 | 0.00 |
| Liabilities | 66,726.20 | 46,348.97 | 12,938.15 | 26,808.22 |
| Current Liabilities | 54,762.97 | 36,177.08 | 10,520.60 | 21,824.98 |
| Payables and Expenses | 39,035.27 | 27,257.02 | 8,151.79 | 16,576.59 |
| Account Payables | 27,349.37 | 23,493.47 | 4,848.85 | 12,772.38 |
| Current Accrued Liabilities | 11,685.90 | 3,763.55 | 3,042.93 | 3,756.76 |
| Short-Term Debt | 11,662.18 | 5,648.50 | 1,138.56 | 3,427.96 |
| Other Current Liabilities | 4,065.52 | 3,271.56 | 1,230.26 | 1,820.43 |
| Non-Current Liabilities | 11,963.23 | 10,171.89 | 2,417.54 | 4,983.24 |
| Long-Term Debt | 11,963.23 | 10,171.89 | 2,362.45 | 4,983.24 |
| Other Non-Current Liabilities | 0.00 | 0.00 | 55.10 | 0.00 |
| Equity | 12,004.25 | 18,362.94 | 7,265.67 | 15,702.40 |
| Shareholders Equity | -2,938.04 | 18,362.94 | 7,265.67 | 15,702.40 |
| Capital Stock | 0 | 0 | 0 | 124,897.86 |
| Share Premium | 119,441.63 | 91,915.17 | 49,672.44 | 20,351.52 |
| Retained Earnings | -122,171.06 | -73,420.15 | -42,137.72 | -127,477.76 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -208.62 | -132.08 | -269.05 | -2,069.22 |
| Minority Interest | 14,942.29 | 0 | 0 | 0 |
| Debt | 23,625.41 | 15,820.39 | 3,501.01 | 8,411.20 |
| Net Debt | 8,727.10 | 10,512.57 | 0 | 0 |
| Common Shares Outstanding | 32,635.99 | 12,989.13 | 4,006.82 | 3,950.97 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2022-08-31 |
|---|---|---|---|---|
| Revenues | 96,198.10 | 41,303.38 | 28,082.01 | 41,882.61 |
| Cost Of Revenue | 80,924.99 | 31,201.86 | 18,425.39 | 30,090.32 |
| Interest Income | 0 | 0 | 8.43 | 0 |
| Interest Expense | 570.96 | 672.59 | 169.57 | 729.85 |
| Non-Interest Expense | 34,205.56 | 19,893.51 | 24,540.47 | 29,418.98 |
| Gross Profit | 15,273.12 | 10,101.52 | 9,656.62 | 11,792.30 |
| Operating Expenses | 47,540.53 | 27,914.97 | 27,202.55 | 33,489.54 |
| Selling, General and Administrative Expenses | 34,205.56 | 19,893.51 | 24,540.47 | 29,418.98 |
| Research and Development Expenses | 3,247.77 | 3,067.36 | 0 | 0 |
| Other Operating Expenses | 6,849.85 | 3,065.02 | 355.42 | 3,062.18 |
| Operating Income | -32,267.42 | -17,813.45 | -17,545.94 | -21,697.24 |
| Net Non-Operating Income | -8,118.42 | -80.39 | 35.27 | 1,514.34 |
| EBT | -55,558.36 | -26,330.73 | -18,381.66 | -12,294.60 |
| Income Tax | 0 | -55.10 | -304.37 | 0 |
| Net Income Including Non-Controlling Interests | -54,308.62 | -31,282.43 | -18,107.13 | -4,336.85 |
| Net Income Non-Controlling Interests | 5,557.71 | 0 | -13.72 | -65.22 |
| Net Income | -48,750.91 | -31,282.43 | -18,120.85 | -4,402.06 |
| EBIT | -54,987.40 | -25,658.14 | -18,212.09 | -11,564.75 |
| Deprecation and Amortization | 3,984.86 | 3,629.66 | 2,615.95 | 1,735.54 |
| EBITDA | -51,002.54 | -22,028.49 | -15,596.13 | -9,829.22 |
| EPS | -0.00 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 27,897.99 | 11,119.90 | 67,268.09 | 3,909.35 |
| Average Shares Outstanding Diluted | 27,897.99 | 11,119.90 | 67,268.09 | 3,909.35 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2022-08-31 |
|---|---|---|---|---|
| Operating Cash Flow | -30,570.24 | -16,078.27 | -11,924.15 | -20,329.90 |
| Operating Net Income | -54,308.62 | -31,282.43 | -18,107.13 | -4,336.85 |
| Deprecation and Amortization | 3,984.86 | 3,629.66 | 2,615.95 | 1,735.54 |
| Deferred Income Tax | 0 | -55.10 | -315.55 | 0 |
| Share Based Compensation | 2,139.25 | 1,735.63 | 1,599.91 | 4,688.22 |
| Change in Working Capital | -413.37 | 3,142.26 | 630.09 | 4,520.17 |
| Other Operating Activities | 18,027.64 | 6,751.71 | 1,652.58 | 0 |
| Investing Cash Flow | 2,705.48 | 14,073.91 | 18.11 | 13,451.01 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -5.12 | -2.24 | -31.25 | -78.70 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 2,770.60 | 14,076.15 | 0 | 14,710.62 |
| Other Investing Activities | -60.00 | 0.00 | 49.36 | -1,180.90 |
| Financing Cash Flow | 37,967.24 | 3,953.97 | 6,838.94 | -326.60 |
| Net Issuance/Repayment of Debt | 7,602.19 | 3,953.97 | 600.56 | -326.60 |
| Net Issuance/Repurchase of Equity | 10,000.00 | 0 | 6,303.21 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 20,365.06 | 0.00 | -64.83 | 0.00 |
| Net Change in Cash | 10,102.48 | 1,949.61 | -5,067.11 | -7,205.49 |
| Cash at Beginning of Period | 2,992.84 | 977.41 | 6,028.23 | 15,306.00 |
| Cash at End of Period | 13,148.98 | 2,992.84 | 977.41 | 8,601.71 |
| Free Cash Flow | -30,635.36 | -16,080.51 | -11,955.40 | -20,408.60 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 121,119.26 | 44,087.79 | 67,779.86 | 78,730.45 | 101,102.60 |
| Current Assets | 26,221.33 | 20,623.89 | 25,806.25 | 36,472.57 | 41,752.46 |
| Cash and Short-Term Investments | 6,012.22 | 4,697.83 | 4,675.23 | 12,094.95 | 11,199.01 |
| Cash and Cash Equivalents | 6,012.22 | 4,697.83 | 4,675.23 | 12,094.95 | 11,199.01 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 13,471.24 | 13,131.14 | 18,781.78 | 21,710.25 | 25,901.24 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 6,737.87 | 2,794.91 | 2,349.25 | 2,667.37 | 4,652.21 |
| Non-Current Assets | 94,897.93 | 23,463.90 | 41,973.61 | 42,257.88 | 59,350.14 |
| Property, Plant, Equipment Net | 1,638.00 | 1,720.83 | 2,660.98 | 2,874.47 | 3,198.95 |
| Goodwill | 4,220.75 | 5,557.55 | 12,704.98 | 12,704.98 | 22,783.31 |
| Intangible Assets | 13,585.62 | 5,231.03 | 15,099.76 | 15,265.74 | 21,706.99 |
| Long-Term Investments | 66,871.79 | 2,199.91 | 2,199.91 | 2,199.91 | 2,673.47 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 8,581.77 | 8,754.58 | 9,307.98 | 9,212.78 | 8,987.42 |
| Liabilities | 42,375.59 | 49,630.18 | 57,265.59 | 66,726.20 | 60,626.91 |
| Current Liabilities | 40,303.25 | 48,256.12 | 45,176.77 | 54,762.97 | 58,392.54 |
| Payables and Expenses | 30,534.27 | 37,304.00 | 34,206.66 | 39,035.27 | 42,200.50 |
| Account Payables | 18,445.12 | 26,129.65 | 23,559.50 | 27,349.37 | 28,968.24 |
| Current Accrued Liabilities | 12,089.15 | 11,174.34 | 10,647.15 | 11,685.90 | 13,232.26 |
| Short-Term Debt | 314.44 | 8,193.87 | 8,035.74 | 11,662.18 | 13,912.78 |
| Other Current Liabilities | 9,454.54 | 2,758.26 | 2,934.38 | 4,065.52 | 2,279.26 |
| Non-Current Liabilities | 2,072.33 | 1,374.05 | 12,088.82 | 11,963.23 | 2,234.38 |
| Long-Term Debt | 1,265.33 | 1,374.05 | 12,088.82 | 11,963.23 | 2,234.38 |
| Other Non-Current Liabilities | 807.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity | 78,743.67 | -5,542.38 | 10,514.27 | 12,004.25 | 40,475.69 |
| Shareholders Equity | 78,743.67 | -5,542.38 | -2,409.88 | -2,938.04 | 22,345.22 |
| Capital Stock | 5,159.84 | 0 | 0 | 0 | 0 |
| Share Premium | 205,261.29 | 125,396.70 | 124,962.87 | 119,441.63 | 117,883.24 |
| Retained Earnings | -131,153.45 | -130,345.01 | -127,326.66 | -122,171.06 | -95,779.12 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -524.00 | -594.07 | -46.09 | -208.62 | 241.11 |
| Minority Interest | 0 | 0 | 12,924.16 | 14,942.29 | 18,130.47 |
| Debt | 1,579.78 | 9,567.92 | 20,124.55 | 23,625.41 | 16,147.16 |
| Net Debt | 0 | 3,070.57 | 12,821.79 | 8,727.10 | 1,972.31 |
| Common Shares Outstanding | 98,380.77 | 39,123.97 | 38,825.62 | 32,635.99 | 31,586.41 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Revenues | 11,315.00 | 15,852.71 | 21,109.66 | 23,469.69 | 9,306.78 | 0 |
| Cost Of Revenue | 5,722.27 | 13,426.25 | 17,776.60 | 21,066.04 | 5,091.39 | 0 |
| Interest Expense | 0 | 0 | 49.56 | -110.53 | 54.11 | 192.26 |
| Non-Interest Expense | 7,634.97 | 5,573.49 | 7,780.99 | 9,115.02 | 4,940.90 | 0 |
| Gross Profit | 5,592.73 | 2,426.45 | 3,333.05 | 2,403.64 | 4,215.38 | 0 |
| Operating Expenses | 9,520.99 | 6,980.44 | 9,877.13 | 14,189.82 | 7,029.09 | 0 |
| Selling, General and Administrative Expenses | 7,634.97 | 5,573.49 | 7,780.99 | 9,115.02 | 4,940.90 | 0 |
| Research and Development Expenses | 519.27 | 557.40 | 768.97 | 876.85 | 450.64 | 0 |
| Other Operating Expenses | 1,095.26 | 547.19 | 745.38 | 3,474.49 | 1,287.22 | 0 |
| Operating Income | -3,928.26 | -4,553.98 | -6,544.07 | -11,786.17 | -2,813.70 | 0 |
| Net Non-Operating Income | 8,107.53 | -1,280.01 | 259.70 | -4,410.22 | -77.67 | 0 |
| EBT | 5,946.78 | -6,038.68 | -6,850.87 | -29,480.12 | -3,935.54 | 0 |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income Including Non-Controlling Interests | -808.44 | -3,018.35 | -7,173.74 | -29,580.12 | -7,464.41 | 0 |
| Net Income Non-Controlling Interests | 0 | 0 | 2,018.13 | 3,188.18 | 1,979.94 | 0 |
| Net Income | -808.44 | -3,018.35 | -5,155.60 | -26,391.94 | -5,484.47 | 0 |
| EBIT | -3,928.26 | -4,553.98 | -6,801.32 | -29,590.65 | -2,813.70 | 0 |
| Deprecation and Amortization | 373.74 | 400.41 | 757.88 | 896.21 | 973.32 | 0 |
| EBITDA | -3,554.51 | -4,153.57 | -6,043.44 | -28,694.44 | -1,840.38 | 0 |
| EPS | -0.00 | -0.00 | -0.00 | 0 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | 0 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 87,949.20 | 38,968.09 | 36,719.71 | 0 | 31,270.25 | 30,442.84 |
| Average Shares Outstanding Diluted | 87,949.20 | 38,968.09 | 36,719.71 | 0 | 31,270.25 | 30,442.84 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | -10,371.97 | 1,699.22 | -8,582.36 | -5,209.71 | -7,760.37 |
| Operating Net Income | -808.44 | -3,018.35 | -7,173.74 | -29,580.12 | -7,464.41 |
| Deprecation and Amortization | 373.74 | 400.41 | 757.88 | 896.21 | 973.32 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 1,871.72 | 5.62 | 29.00 | 850.76 | 267.12 |
| Change in Working Capital | -11,387.61 | 5,776.49 | -1,496.82 | 5,116.84 | -2,293.81 |
| Other Operating Activities | 0 | 0 | 0 | 17,506.60 | 757.41 |
| Investing Cash Flow | -60,741.60 | -637.98 | -375.41 | 0 | -62.75 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | 0 | -1.60 | -75.41 | 0 | -2.75 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | -4,572.93 | -636.38 | 0 | 35.50 | 0 |
| Other Investing Activities | -56,168.67 | 0.00 | -300.00 | 0 | -60.00 |
| Financing Cash Flow | 72,035.61 | 489.33 | 1,462.22 | 7,554.72 | 4,131.27 |
| Net Issuance/Repayment of Debt | -5,817.10 | 489.33 | 1,462.22 | 7,554.72 | -618.73 |
| Net Issuance/Repurchase of Equity | 77,852.71 | 0 | 0 | 0 | -134.94 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0.00 | 0.00 | 0.00 | 0.00 | 4,884.94 |
| Net Change in Cash | 922.04 | 1,550.56 | -7,495.56 | 2,345.01 | -3,691.85 |
| Cash at Beginning of Period | 6,487.09 | 5,812.96 | 13,148.98 | 11,199.01 | 14,543.10 |
| Cash at End of Period | 7,487.81 | 6,487.09 | 5,812.96 | 13,148.98 | 11,199.01 |
| Free Cash Flow | -67,497.07 | 1,697.61 | -8,957.77 | -5,209.71 | -7,823.12 |