Allied Gaming & Entertainment Inc

Allied Gaming & Entertainment, Inc. is an esports entertainment company, which engages in the creation of esports venues and live events for both video games and poker. It operates through the following segments: Poker, Gaming & Entertainment and E-Sports. The Poker, Gaming & Entertainment segment provides televised gaming and entertainment, land-based poker tournaments, and online and mobile poker applications through World Poker Tour (WPT). The E-Sports segment provides multiplayer video game competitions through Allied Esports. The company was founded on May 9, 2017 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Allied Gaming & Entertainment Inc reports revenue growth and strategic initiatives

AGAE's Q1 2024 performance reflects revenue growth, improved financial management, and a strong cash position for future endeavors.
The company's strengths lie in vibrant event hosting, mobile gaming focus, and creative content development, positioning it well for industry trends.
Challenges include ongoing losses, operational hurdles, and industry competition, necessitating strategic adjustments for sustained growth.
Opportunities in expanding market presence in Asia, mobile gaming diversification, and strategic partnerships offer avenues for future growth and success.

Allied Gaming & Entertainment Inc reports Q2 results, eyes global expansion

AGAE's Q2 2024 performance showed revenue growth from Q1 but a decline compared to the previous year, with a net loss due to increased expenses.
The company's strengths lie in successful ventures like Z-Tech, HyperX Arena events, and the promising launch of the World Mahjong Tour.
Challenges include lower revenues compared to the previous year and cost management issues, while opportunities exist in global expansion and future revenue catalysts.

Allied Gaming & Entertainment Inc reports robust Q3 growth and expands global presence

AGAE's Q3 2024 performance reflects strong revenue growth and strategic initiatives to diversify revenue streams and expand globally.
While challenges like net losses persist, the company's financial stability, operational improvements, and market positioning present opportunities for future growth.
Overall, AGAE's focus on driving revenue, managing costs, and leveraging partnerships positions it well to capitalize on emerging opportunities in the gaming and entertainment industry.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Allied Gaming & Entertainment, Inc. operates as an experiential entertainment company, which engages in the creation of esports venues and live events for both video games and poker. The company was founded in 2017 and is headquartered in New York, NY.

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, 2023. “We continue to make strides towards our strategic goals, achieving positive net income driven by a significant reduction in general and administrative expenses. Our commitment to growing within the esports, gaming, and entertainment sectors remains unwavering,".

Allied Gaming & Entertainment Announces Third Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment Inc. (NASDAQ: AGAE) (the “Company”), a global experiential entertainment company, today announced it will report its third quarter 2023 results after market close on Thursday, November 9, 2023. 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 1-833-816-1413 (United States) or 1-412-317-0505 (international). A live webcast o.

Allied Gaming & Entertainment to Report Third Quarter 2023 Results on Thursday, November 9th

NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, announced today the closing of the previously announced strategic investment in Beijing Lianzhong Zhihe Technology Co. (“Zhihe”). As of October 31, 2023, AGAE has assumed a controlling interest in the Board for purpose of financial statement consolidation and became the largest shareholder of Zhihe, a prominent developer and operator of casual.

Allied Gaming & Entertainment Announces Closing of Strategic Investment to Become Largest Shareholder of Beijing Lianzhong Zhihe Technology Co.

Anghami

Nintendo

Media stocks are in the hot seat, as Hollywood writer and actor strikes hit the four-month mark. Already, there's been a bloodbath in the entertainment industry as media stocks like Warner Bros Discovery (NASDAQ: WBD ) and Paramount (NASDAQ: PARA ) fall rapidly.

3 Overlooked Media Stocks Ready for a Breakout

NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, today announced a strategic investment in Beijing Lianzhong Zhihe Technology Co. (“Zhihe”), a prominent mobile games developer and operator with proven distribution capabilities. AGAE will assume a controlling interest in the Board and become the Company's largest shareholder. Founded in Beijing in April, 2022, Zhihe has rapidly emerged as a t.

Allied Gaming & Entertainment Announces a Strategic Investment to Become Largest Shareholder of Beijing Lianzhong Zhihe Technology Co.

Allied Gaming & Entertainment Inc. (NASDAQ:AGAE ) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Tyler Drew - Addo Investor Relations Yinghua Chen - President and Chief Executive Officer Roy Anderson - Chief Financial Officer Conference Call Participants Operator Greetings, and welcome to the Allied Gaming & Entertainment Second Quarter 2023 Earnings Conference Call. At this time all participants are in a listen-only mode.

Allied Gaming & Entertainment Inc. (AGAE) Q2 2023 Earnings Call Transcript

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, 2023. “We are thrilled to announce our second quarter revenues of $3.3 million, which are up 182% year-over-year, and driven by the continued success of our original content sponsorship and our new arena and mobile truck sponsorship. Importantly, we continue to see growing.

Allied Gaming & Entertainment Announces Second Quarter 2023 Financial Results

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 2023 results after market close on Thursday, August 10, 2023. 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 1-877-407-0792 (United States) or 1-201-689-8263 (international). A live webcast.

Allied Gaming & Entertainment to Report Second Quarter 2023 Results on Thursday, August 10th

LAS VEGAS--(BUSINESS WIRE)--Allied Esports, the wholly owned esports entertainment subsidiary of Allied Gaming & Entertainment Inc. (Nasdaq: AGAE), and award-winning gaming and entertainment content collective One True King (OTK) have officially wrapped Season Two of the highly anticipated content creator challenge show ELEVATED, presented by Progressive Insurance. The latest season of ELEVATED captivated audiences worldwide, showcasing the exceptional talents of up-and-coming streamers. Th.

Allied Esports and OTK Announce Conclusion of Season Two of ‘ELEVATED,' Presented by Progressive Insurance

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 first quarter ended March 31, 2023. “It has been a strong start to the year so far at Allied and we are continuing to gain momentum in the second quarter as we advance on our strategic objectives,” said Yinghua Chen, the Company's Chief Executive Officer. “We are also excited to have recently announced.

Allied Gaming & Entertainment Announces First Quarter 2023 Financial Results

FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--HyperX, the gaming peripherals team at HP Inc. and brand leader in gaming and esports, and Allied Esports, a global esports entertainment company and a wholly owned subsidiary of Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE), today announced the renewal of their exclusive naming rights agreement for Allied Esports' global flagship property, HyperX Arena Las Vegas, located at Luxor Hotel and Casino on the Las Vegas Strip. Today's announcement is.

HyperX and Allied Esports Renew Exclusive Naming Rights for Renowned Esports and Gaming Destination - HyperX Arena Las Vegas

NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company”), a global experiential entertainment company, today announced it will report its first quarter 2023 results after market close on Thursday, May 11th. 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 1-844-826-3035 (United States) or 1-412-317-5195 (international). A live webcast of the c.

Allied Gaming & Entertainment to Report First Quarter 2023 Results on Thursday, May 11th

Top OTK Streamers Asmongold, NMPLOL, Sodapoppin, Emiru and More Lead the Hunt for the Next Big Content Creator AUSTIN, Texas , May 3, 2023 /PRNewswire/ --  One True King (OTK) , the award-winning gaming and entertainment content collective and one of the most-watched organizations on Twitch, will join esports entertainment company Allied Esports for Season Two of ELEVATED , presented by Progressive Insurance.  Top OTK Streamers Asmongold, NMPLOL, Sodapoppin, Emiru and More Lead the Hunt for the Next Big Content Creator Premiering today, Season Two of ELEVATED will find smaller streamers competing in a "gauntlet-style" format to discover the next generation of talented content creators.

OTK JOINS ALLIED ESPORTS FOR SEASON TWO OF ELEVATED, PRESENTED BY PROGRESSIVE INSURANCE

LAS VEGAS--(BUSINESS WIRE)--Allied Gaming & Entertainment Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, announced that AE Studios, its content development, storytelling and production services arm, will produce the second season of ELEVATED, Presented by Progressive Insurance. The original content series, which is designed to help up-and-coming Twitch streamers break through the clutter, get discovered and grow their audiences, brought in more t.

Allied Esports International, a Subsidiary of Allied Gaming & Entertainment, Announces Renewal of ELEVATED, Presented by Progressive Insurance®, for Second Season

FingerMotion

Twenty-First Century Fox

Getty Images Holdings Inc

Golden Matrix Group Inc

Liberty TripAdvisor Hlds

MotorSport Games

News Corp

United States Cellular

Peter Lynch, one of the most successful and well-known investors of all time, once said, “Insiders might sell their shares for any number of reasons, but they buy them for only one:they think the price will rise.

10 Biggest Communication Services Stocks With High Insider Ownership

Allied Gaming & Entertainment Inc. (NASDAQ:AGAE ) Q4 2022 Earnings Conference Call March 23, 2023 5:00 PM ET Company Participants Tyler Drew - Addo Investor Relations Yinghua Chen - Chief Executive Officer Roy Anderson - Chief Financial Officer Conference Call Participants Operator Greetings. And welcome to Allied Gaming & Entertainment, Inc. Fourth Quarter and Full Year 2022 Earnings Conference Call.

Allied Gaming & Entertainment Inc. (AGAE) Q4 2022 Earnings Call Transcript

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 fourth quarter and full year ended December 31, 2022. This release refers to “continuing” and “discontinued” operations due to the sale of the Company's subsidiaries owning and operating its poker-related business, the World Poker Tour® (“World Poker Tour,” or “WPT®”) on July 12, 2021.

Allied Gaming & Entertainment Announces Fourth Quarter and Full Year 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company”), a global experiential entertainment company, today announced it will report its fourth quarter and full year 2022 results after market close on Thursday, March 23rd. 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 1-877-407-0792 (United States) or 1-201-689-8263 (international).

Allied Gaming & Entertainment to Report Fourth Quarter and Full Year 2022 Results on Thursday, March 23rd

NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE), and its wholly-owned subsidiary, Allied Esports International, and the YES Network today announced the launch of the original content series, WANNABE, on the Emmy Award-winning YES App. Season 1, a total of 30 episodes of this exciting series, is now available on the YES App.

Allied Esports International, a Subsidiary of Allied Gaming & Entertainment, Debuts its New Series, WANNABE, on the Emmy Award-Winning YES App

Electronic Arts

HUYA Inc - ADR

NVIDIA

Tencent Holdings Limited

Take-Two Interactive Software

Although the concept might sound utterly ridiculous to those stemming from particular generations, the rise of video game professionalism implies strongly that investors should at least consider e-sports stocks to buy. For evidence, just turn to the International Olympic Committee (IOC).

7 Stocks to Buy for the Future of E-Sports

Allied Esports Entertainment Inc

NEW YORK--( BUSINESS WIRE )--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE), f/k/a Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company” or “AGAE”), a global experiential entertainment company, today announced the conclusion of its previously announced strategic review process. The strategic review was overseen by the Company's Board of Directors and included the assistance of The Benchmark Company, which served as the Company's exclusive financial advisor in connection with a potential business combination transaction. After carefully considering possible alternatives, the Company has determined that its shareholders' interests will be best served by restructuring its existing esports business operations and expanding its focus to include a broader array of entertainment and gaming products and services in lieu of seeking a single business combination transaction.

News for Allied Gaming & Entertainment Inc Stock (AGAE)