Communication Services -
Entertainment - NASDAQ - US
$ 1.02
-5.56 %
$ 45 M
Market Cap
-3.78
P/E
1. INTRINSIC VALUE
Balance Sheet
Allied Gaming & Entertainment Inc.
| Current Assets | 78.3 M |
| Cash & Short-Term Investments | 72.8 M |
| Receivables | 529 K |
| Other Current Assets | 4.99 M |
| Non-Current Assets | 33.7 M |
| Long-Term Investments | 0 |
| PP&E | 9.25 M |
| Other Non-Current Assets | 24.4 M |
| Current Liabilities | 12 M |
| Accounts Payable | 372 K |
| Short-Term Debt | 10.7 M |
| Other Current Liabilities | 867 K |
| Non-Current Liabilities | 6.66 M |
| Long-Term Debt | 5.56 M |
| Other Non-Current Liabilities | 1.1 M |
EFFICIENCY
Earnings Waterfall
Allied Gaming & Entertainment Inc.
| Revenue | 7.66 M |
| Cost Of Revenue | 4.8 M |
| Gross Profit | 2.86 M |
| Operating Expenses | 9.46 M |
| Operating Income | -6.6 M |
| Other Expenses | -3 M |
| Net Income | -3.6 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Allied Gaming & Entertainment Inc.
| Net Income | -3.6 M |
| Depreciation & Amortization | 1.5 M |
| Capital Expenditures | -1.05 M |
| Stock-Based Compensation | 151 K |
| Change in Working Capital | -7.17 M |
| Others | -5.89 M |
| Free Cash Flow | -9.19 M |
Wall Street Analysts Price Targets
Allied Gaming & Entertainment Inc.
AGAE has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
AGAE does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Allied Gaming & Entertainment Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
1.54 M USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
7 months ago
Jul 10, 2024
|
Bought
102 K USD
|
Choi Roy
10 percent owner
|
+ 68331
|
1.49 USD |
|
8 months ago
Jul 09, 2024
|
Bought
206 K USD
|
Choi Roy
10 percent owner
|
+ 140000
|
1.47 USD |
|
8 months ago
Jul 03, 2024
|
Bought
56.7 K USD
|
Choi Roy
10 percent owner
|
+ 45000
|
1.26 USD |
|
8 months ago
Jul 02, 2024
|
Bought
298 K USD
|
Choi Roy
10 percent owner
|
+ 235000
|
1.27 USD |
|
8 months ago
Jul 01, 2024
|
Bought
102 K USD
|
Choi Roy
10 percent owner
|
+ 80000
|
1.27 USD |
|
8 months ago
Jun 28, 2024
|
Bought
63.5 K USD
|
Choi Roy
10 percent owner
|
+ 49990
|
1.27 USD |
|
8 months ago
Jun 27, 2024
|
Bought
328 K USD
|
Choi Roy
10 percent owner
|
+ 258010
|
1.27 USD |
|
8 months ago
Jun 26, 2024
|
Bought
387 K USD
|
Choi Roy
10 percent owner
|
+ 300000
|
1.29 USD |
|
4 years ago
Dec 14, 2020
|
Bought
15.8 K USD
|
Knighted Pastures LLC
10 percent owner
|
+ 10554
|
1.5 USD |
|
1 year ago
Dec 13, 2023
|
Bought
364 K USD
|
Knighted Pastures LLC
10 percent owner
|
+ 294269
|
1.2376 USD |
|
1 year ago
Dec 12, 2023
|
Bought
72.6 K USD
|
Knighted Pastures LLC
10 percent owner
|
+ 66857
|
1.0855 USD |
|
1 year ago
Feb 01, 2024
|
Bought
141 K USD
|
Choi Roy
10 percent owner
|
+ 110000
|
1.2839 USD |
|
1 year ago
Jan 31, 2024
|
Bought
202 K USD
|
Choi Roy
10 percent owner
|
+ 159665
|
1.2628 USD |
|
1 year ago
Feb 01, 2024
|
Bought
141 K USD
|
Knighted Pastures LLC
10 percent owner
|
+ 110000
|
1.2839 USD |
|
1 year ago
Jan 31, 2024
|
Bought
202 K USD
|
Knighted Pastures LLC
10 percent owner
|
+ 159665
|
1.2628 USD |
|
1 year ago
Jan 23, 2024
|
Bought
132 K USD
|
Knighted Pastures LLC
10 percent owner
|
+ 100000
|
1.32 USD |
|
1 year ago
Jan 22, 2024
|
Bought
24.1 K USD
|
Knighted Pastures LLC
10 percent owner
|
+ 21300
|
1.132 USD |
|
1 year ago
Jan 19, 2024
|
Bought
169 K USD
|
Knighted Pastures LLC
10 percent owner
|
+ 153869
|
1.0992 USD |
|
1 year ago
Jan 18, 2024
|
Bought
28.3 K USD
|
Knighted Pastures LLC
10 percent owner
|
+ 28876
|
0.9793 USD |
|
1 year ago
Dec 19, 2023
|
Bought
220 K USD
|
Choi Roy
10 percent owner
|
+ 153532
|
1.43 USD |
|
1 year ago
Dec 18, 2023
|
Bought
13.5 K USD
|
Choi Roy
10 percent owner
|
+ 10002
|
1.35 USD |
|
1 year ago
Dec 13, 2023
|
Bought
323 K USD
|
Knighted Pastures LLC
10 percent owner
|
+ 260680
|
1.2376 USD |
|
1 year ago
Dec 15, 2023
|
Bought
1.89 K USD
|
Knighted Pastures LLC
10 percent owner
|
+ 1400
|
1.35 USD |
|
1 year ago
Dec 14, 2023
|
Bought
96.6 K USD
|
Knighted Pastures LLC
10 percent owner
|
+ 71000
|
1.36 USD |
|
1 year ago
Dec 12, 2023
|
Bought
49.4 K USD
|
Choi Roy
10 percent owner
|
+ 45484
|
1.0855 USD |
|
1 year ago
Dec 12, 2023
|
Bought
1.33 M USD
|
Choi Roy
10 percent owner
|
+ 1411102
|
0.945 USD |
|
1 year ago
Aug 29, 2023
|
Bought
3.91 K USD
|
Choi Roy
10 percent owner
|
+ 3793
|
1.03 USD |
|
1 year ago
Aug 28, 2023
|
Bought
143 K USD
|
Choi Roy
10 percent owner
|
+ 151993
|
0.94 USD |
7. News
Allied Gaming & Entertainment Celebrates the Successful Debut of the Inaugural World Mahjong Tour Tournament at HyperX Arena
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, is proud to announce the successful conclusion of its first-ever World Mahjong Tour (“WMT”) beginner-level tournament, held on February 2nd at the iconic HyperX Arena in Las Vegas. The event attracted over 150 enthusiastic participants, marking a significant milestone in WMT's mission to bring the timeless game of mahjong to the global stage.
businesswire.com
- 1 month ago
Allied Gaming & Entertainment Announces Postponement of its 2024 Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, announced today the postponement of its 2024 Annual Meeting of Stockholders (“Annual Meeting”), originally scheduled for December 30, 2024, due to the previously disclosed lawsuit filed by Knighted Pastures LLC (“Knighted”) against the Company which prevents the Annual Meeting from being held prior to its conclusion. The Company believes that.
businesswire.com
- 2 months ago
Allied Gaming & Entertainment Responds to Lawsuit from Dissident Stockholder
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, was alerted earlier this week of a derivative lawsuit filed by Knighted Pastures, LLC (“Knighted”), against the Company's directors and certain third parties alleging breach of fiduciary duty in connection with approving the recent strategic investment with Yellow River. AGAE's directors believe the lawsuit is without merit and plan to vigorou.
businesswire.com
- 3 months ago
Allied Gaming & Entertainment Inc. (AGAE) Q3 2024 Earnings Call Transcript
Allied Gaming & Entertainment Inc. (NASDAQ:AGAE ) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET Company Participants Tyler Drew - IR, Addo IR Yinghua Chen - CEO Roy Anderson - CFO Conference Call Participants Operator Greetings and welcome to the Allied Gaming & Entertainment Inc. Third quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
seekingalpha.com
- 3 months ago
Allied Gaming & Entertainment Announces Third Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, today announced financial results for the third quarter ended September 30, 2024. “It was a productive quarter at AGAE as we grew revenues by 93% year-over-year and continued to lay the foundation for our business to capitalize on the significant assets available to us,” said Yinghua Chen, Chief Executive Officer of AGAE. “With our inaugural W.
businesswire.com
- 3 months ago
Allied Gaming & Entertainment, Inc. Acknowledges and Responds to Schedule 13D Filings by Stockholders
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, acknowledges recent Schedule 13D filings made by Ourgame International Holdings Limited, a stockholder of the Company (“Ourgame”) and Knighted Pastures LLC, a stockholder of the Company. In its filing, Ourgame disclosed a letter recently sent to the Company demanding the Company to permit Ourgame to acquire additional shares and to amend its B.
businesswire.com
- 5 months ago
Allied Gaming & Entertainment Acknowledges Public Filing Release by Company Shareholder
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, acknowledges a recent filing by Ourgame International Holdings Limited, one of AGAE's shareholders, which also references a legal letter that Ourgame sent to AGAE's Board of Directors. In the filing and letter, Ourgame expressed opposition to certain actions recently taken by AGAE's Board of Directors and management, citing concerns over the i.
businesswire.com
- 5 months ago
Allied Gaming & Entertainment Inc. (AGAE) Q2 2024 Earnings Call Transcript
Allied Gaming & Entertainment Inc. (NASDAQ:AGAE ) Q2 2024 Earnings Call Transcript August 19, 2024 5:00 PM ET Company Participants Tyler Drew - IR, Addo IR Yinghua Chen - CEO Roy Anderson - CFO Operator Good day everyone and welcome to the Allied Gaming & Entertainment Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
seekingalpha.com
- 6 months ago
Allied Gaming & Entertainment Announces Second Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, today announced financial results for the second quarter ended June 30, 2024. “These are exciting times at Allied Gaming & Entertainment as our business is very well positioned with a number of growth catalysts in the near future,” stated Yinghua Chen, Chief Executive Officer of AGAE. “We are particularly bullish on our most recent announc.
businesswire.com
- 6 months ago
Allied Gaming & Entertainment Announces Launch of the Inaugural World Mahjong Tour
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, is excited to announce the launch of the World Mahjong Tour (“WMT”), a groundbreaking series of events that will bring the timeless game of Mahjong to a global stage. The inaugural WMT Premier event finale is scheduled to take place in the Spring of 2025 at AGAE's world-renowned HyperX Arena in Las Vegas. “After extensive work behind the scene.
businesswire.com
- 6 months ago
Allied Gaming & Entertainment to Report Second Quarter 2024 Results on Monday, August 19th
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company”), a global experiential entertainment company, today announced it will report its second quarter 2024 results after market close on Monday, August 19th. The Company will also host a conference call that day to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET. Participants may join the conference call by dialing 1-800-225-9448 (United States) or 1-203-518-9708 (international) and providing the conf.
businesswire.com
- 6 months ago
Allied Gaming & Entertainment Provides Updates Ahead of 2nd Quarter 2024 Earnings Release
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, announced today the following updates: Knighted Pastures LLC (“Knighted”), led by Roy Choi, is attempting to acquire control of AGAE without paying a control premium or constructively engaging with AGAE's Board of Directors. Specifically, Knighted has nominated three individuals to AGAE's Board for election at the Company's 2024 Annual Meeting.
businesswire.com
- 6 months ago
8. Profile
Summary
Allied Gaming & Entertainment Inc. AGAE
COUNTRY
US
INDUSTRY
Entertainment
MARKET CAP
$ 45 M
Dividend Yield
0.00%
Description
Allied Gaming & Entertainment Inc. provides entertainment and gaming products worldwide. It operates esports properties to connect players and fans through a network of connected arenas; a flagship gaming arena located at the Luxor Hotel in Las Vegas, Nevada; a mobile esports truck that serves as a battleground and content generation hub; and a studio for recording and streaming gaming events. The company was formerly known as Allied Esports Entertainment Inc. and changed its name to Allied Gaming & Entertainment Inc. in December 2022. Allied Gaming & Entertainment Inc. was founded in 2018 and is based in Irvine, California.
Contact
745 Fifth Avenue, Irvine, CA, 10151
https://alliedesports.gg
IPO
Date
Oct. 25, 2017
Employees
73
Officers
Mr. Roy L. Anderson
Chief Financial Officer & Secretary
Mr. Yangyang Li
President & Chairman
Ms. Yinghua Chen
Chief Executive Officer