Sciplay Corporation Intrinsic Value – SCIPLAY CORPORATION Reports First Quarter Earnings Results for FY2023

May 25, 2023

Earnings Overview

On May 9 2023, SCIPLAY CORPORATION ($NASDAQ:SCPL) released their earnings results for the first quarter of FY2023. Total revenue for the period ending March 31 2023 was USD 186.4 million, a year-on-year increase of 18.0%. Net income also increased 25.0% to USD 5.5 million, compared to the prior year quarter.

Stock Price

The stock opened at $17.0 and closed at the same price, recording a slight rise of 0.3% from its prior closing price of 17.0. This indicates that the company has remained consistent in its performance since the beginning of the financial year. The company reported that their net revenue for the quarter was up by 6% compared to the same period last year. SCIPLAY CORPORATION also reported that their cash flow has been increasing steadily since the beginning of the year, and they have been able to maintain a healthy balance sheet. The company’s management team also announced that they are planning to expand their product offerings in the coming months, with a focus on increasing customer satisfaction.

They are also aiming to increase their presence in international markets, with plans to launch new products and services in key markets. The company’s management team is confident that their strategies and initiatives will help them achieve their goals for the coming year. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Sciplay Corporation. More…

    Total Revenues Net Income Net Margin
    699.4 23.5 4.0%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Sciplay Corporation. More…

    Operations Investing Financing
    155.5 -9.3 -79.8
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Sciplay Corporation. More…

    Total Assets Total Liabilities Book Value Per Share
    806.5 151.2 5.23
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Sciplay Corporation are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    14.5% 10.0% 22.6%
    FCF Margin ROE ROA
    20.3% 88.1% 12.2%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Sciplay Corporation Intrinsic Value

    At GoodWhale, we conducted an analysis of SCIPLAY CORPORATION‘s financials and determined that the fair value of SCIPLAY CORPORATION share is around $18.8. This was calculated using our proprietary Valuation Line. Currently, SCIPLAY CORPORATION stock is trading at $17.0. This represents a fair price that is undervalued by 9.5%. This presents an opportunity for investors to gain a return on their investment when the stock price eventually rises to the calculated fair value. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    SciPlay Corp and its competitors, Game Hours Inc, 7Seas Entertainment Ltd, and Ourgame International Holdings Ltd, are all companies that develop and publish video games. All four companies have a presence in the casual gaming market.

    – Game Hours Inc ($TPEX:6626)

    Games Hours Inc is a gaming company with a market cap of 347.87M as of 2022. The company has a ROE of -3.97%. Games Hours Inc is a company that creates and publishes mobile games.

    – 7Seas Entertainment Ltd ($BSE:540874)

    Seas Entertainment Ltd is a publicly traded company with a market cap of 325.42M as of 2022. The company has a Return on Equity of -7.99%. Seas Entertainment Ltd is a company that focuses on providing a variety of entertainment services. These services include but are not limited to, live events, artist management, production, and promotion.

    – Ourgame International Holdings Ltd ($SEHK:06899)

    Ourgame International Holdings Ltd is a company that operates in the entertainment industry. It is based in China and was founded in 1987. The company’s main products are card games and game products. It also operates an online game platform and an online social community. The company has a market cap of 219.87M as of 2022 and a Return on Equity of -29.28%.


    SCIPLAY CORPORATION reported strong first quarter earnings for FY2023, with total revenue up 18.0% year-over-year and net income growing 25.0%. Investors should be encouraged by the positive growth in the company’s financial performance, especially given the uncertain economic environment. Moving forward, investors should be keeping an eye on the company’s ability to continue its momentum and sustain its financial gains. Companies with a strong financial base and well-managed operations should benefit greatly from the current market conditions.

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