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AGAE

Allied Gaming & Entertainment Inc.

AGAE

Allied Gaming & Entertainment Inc. NASDAQ
$0.41 2.85% (+0.01)

Market Cap $15.64 M
52w High $3.79
52w Low $0.34
Dividend Yield 0%
P/E -0.75
Volume 153.01K
Outstanding Shares 38.02M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.847B $7.43B $-5.361B -290.281% $-0.14 $-6.721B
Q2-2025 $1.919M $6.657M $-4.811M -250.647% $-0.12 $-5.695M
Q1-2025 $2.275M $6.084M $-4.836M -212.58% $-0.11 $-4.391M
Q4-2024 $1.897M $4.377M $-7.227M -380.97% $-0.2 $-3.833M
Q3-2024 $2.164M $1.557M $-4.028M -186.137% $-0.11 $-777K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $17.602B $106.768B $49.866B $52.382B
Q2-2025 $59.977M $108.577M $46.503M $57.549M
Q1-2025 $70.788M $117.861M $44.972M $68.405M
Q4-2024 $71.526M $112.687M $35.712M $73.011M
Q3-2024 $77.732M $129.827M $45.258M $74.015M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-10.317B $-3.687B $-40.998B $852.908M $0 $-3.741B
Q2-2025 $-4.811B $-890.04K $11.005M $-6.55M $3.59M $-3.095B
Q1-2025 $-4.836M $-2.184M $-45.092M $7.506M $-39.757M $-2.216B
Q4-2024 $-22.576M $3.48M $48.576M $-4.097M $48.251M $1.218M
Q3-2024 $-4.028M $-8.71M $-26.454M $8.18M $-27.311M $-8.795M

Revenue by Products

Product Q2-2024Q3-2024Q1-2025Q2-2025
Esports Member
Esports Member
$0 $0 $0 $0
Distribution Revenue Member
Distribution Revenue Member
$0 $0 $0 $0

Five-Year Company Overview

Income Statement

Income Statement The company’s income statement shows a business that is still in a build‑out and experimentation phase, not yet at meaningful commercial scale. Revenue has been very small and fairly flat, while operating results have stayed in loss‑making territory each year. Profitability has been volatile, with occasional near‑breakeven or one‑off positive years, but the underlying pattern is continued operating losses. Overall, the core operations are not yet covering their own costs, and earnings for shareholders have mostly been negative and uneven over time.


Balance Sheet

Balance Sheet The balance sheet is light and relatively simple, with modest total assets and a lean structure. Cash has moved around over the years but is now more solid than it was at the start of the period, giving some cushion, though not a large one. Debt exists but remains small compared with the size of the business, and shareholder equity is positive, though it has edged down from earlier peaks. In short, the company is not heavily indebted, but it also does not have a large asset base or deep capital reserves to fall back on.


Cash Flow

Cash Flow Cash flow from day‑to‑day operations has been consistently negative, which means the business is consuming cash rather than generating it. Free cash flow tracks this same pattern, suggesting that, even with limited spending on property and equipment, the company still needs outside funding or cash reserves to support its activities. The upside is that the cash burn appears modest rather than extreme, but there is still a clear need for better monetization or scale to bring the cash flow profile closer to self‑sustaining.


Competitive Edge

Competitive Edge Allied Gaming & Entertainment occupies a specialized niche in experiential gaming and esports, anchored by a flagship Las Vegas arena, mobile esports trucks, and in‑house content production studios. These physical and media assets are not trivial to replicate and give the company a differentiated offering compared with purely online competitors. Partnerships, event production capabilities, and a presence in both Western venues and Asian mobile gaming broaden its reach. However, the firm operates in a rapidly evolving, highly competitive entertainment space where much larger gaming, media, and events players can exert pressure on pricing, audience attention, and sponsorship budgets.


Innovation and R&D

Innovation and R&D The company’s strategy leans heavily on innovation in how gaming is experienced and monetized rather than on traditional lab‑style R&D. It is experimenting with large‑scale esports venues, mobile arena trucks, original content studios, mobile gaming investments, Web3 and blockchain concepts, and even an education platform in Japan. This mix shows a willingness to test new formats and revenue models across events, digital content, and education. The main uncertainty is execution: turning these creative ideas into repeatable, profitable offerings at scale in an industry where tastes and technologies can shift quickly.


Summary

Allied Gaming & Entertainment is a small, niche entertainment company trying to build a hybrid ecosystem across live esports venues, mobile arenas, digital content, and mobile gaming. Financially, it remains in an early‑stage, investment‑heavy mode, with very limited revenue, recurring operating losses, and ongoing but modest cash burn supported by a light balance sheet. Strategically, its physical assets and production capabilities create a distinctive position, and its push into mobile gaming, Web3, and education shows ambition to diversify and capture new trends. The key opportunity is to convert this innovative platform into stable, scalable revenue streams; the key risks are continued weak monetization, reliance on a fast‑changing esports and gaming landscape, and the need for ongoing access to capital if profitability remains out of reach for an extended period.