One-glance verdict
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
ELYS · PNK · Consumer Cyclical · Gambling
Current price
$0.00
52-week range
$0.00 - $0.17
Market cap
$3.74K
One-glance verdict
Not enough cash-flow history to value this one with our method.
Balance sheet
Net debt $2.61M. Interest coverage shows how many times profit covers the interest bill.
What stands out
What this company does
Elys BMG Group, Inc. provides online and in-person gambling services, like sports betting and casino games, in the US and Europe, making most of its money from people placing bets on their platforms. This matters because their ability to attract players and keep them engaged directly impacts how much money they earn and their overall success.
Elys BMG Group, Inc., originally founded in 1998 and formerly known as Elys Game Technology, Corp., has evolved within the gaming industry. The company has a history that includes operations in European markets, particularly Italy, and has been working to expand its presence in North America. This journey has involved rebranding and adapting its business model to navigate the dynamic landscape of gaming and technology. The company's name change to Elys BMG Group, Inc. in January 2024 signifies a new chapter in its ongoing development.
Elys BMG Group, Inc. is a gaming technology company that provides services and software for both consumers and businesses in the gaming sector. They offer a range of gaming products, including sports betting and various online casino games like slots, poker, and bingo. These services are delivered through multiple channels, such as physical betting locations, websites, and mobile devices, catering to a diverse customer base across the United States and Europe.
This segment represents Elys BMG Group's direct engagement with retail customers, offering leisure betting products. It includes operating physical betting shops and providing online betting through websites. Essentially, this is where the company directly interacts with players, offering them a place to place bets on sports or play casino-style games, either in person or online. This is a key way the company generates revenue by providing the gaming experience itself.
In this segment, Elys BMG Group acts as a technology provider for other businesses in the gaming industry. They offer their betting platform software and virtual sports products to other betting operators. This means other companies can use Elys's technology to run their own sports betting or gaming services, making it a business-to-business (B2B) revenue stream. It's like Elys is selling the tools and engine that other gaming companies use to operate their businesses.
Elys BMG Group's strategy appears to focus on expanding its reach in the gaming market, particularly in North America, while continuing to offer its technology and services in Europe. The company is working to secure approvals and establish its presence in new markets, such as sportsbooks in Washington D.C. Management is likely prioritizing growth through strategic partnerships and the development of its gaming platforms to capture a larger share of the evolving online and retail betting landscape.
Price history
Is it cheap or expensive?
We couldn't calculate a fair value right now.
Is it drowning in debt?
Net debt $2.6M. Interest coverage -271.5x.
Elys BMG Group, Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 2 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Total debt $5.16M Interest coverage -271.49x This is the baseline the peer rows are being compared against.
Total debt $1.92B Interest coverage -5.35x Neither company has much profit cushion over interest right now.
Total debt $5.15M Interest coverage 152.57x This peer still has a real interest-payment cushion, while ELYS does not.
Total debt $30.16B Interest coverage 3.19x This peer still has a real interest-payment cushion, while ELYS does not.
Total debt $12.34B Interest coverage 1.93x This peer still has a real interest-payment cushion, while ELYS does not.
Total debt $25.92B Interest coverage 0.89x This peer still has a real interest-payment cushion, while ELYS does not.
What you should know
The numbers
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Valuation
Profitability
Health
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Cash flow
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Metric explainer
Debt comparison
What you should know