Archosaur Games Forecasts Wider Loss in 2023

March 18, 2023

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Archosaur Games ($SEHK:09990) Inc., a leading video game publisher, has forecasted a wider loss in their Fiscal Year 2022 financial report. This comes as a surprise to analysts who expected the company to see some improvement after the losses they incurred in previous years. According to their report, the wider loss is due to a lack of success in their new product releases, as well as a decrease in the number of subscribers to their online gaming services. The company’s chief financial officer has stated that Archosaur Games will continue to focus on developing new products and services that appeal to their core customer base.

They have also implemented cost-cutting measures, such as streamlining their production process and streamlining their marketing strategies, in an effort to reduce their losses. Despite these efforts, Archosaur Games anticipates a wider loss for the upcoming year, with no improvement in sight.

Price History

Recent media coverage of ARCHOSAUR GAMES has been largely negative due to their forecast of a wider loss in 2023. Despite this, on Wednesday, the gaming company’s stock opened at HK$6.4 and closed at HK$6.3, up by 2.1% from their last closing price of 6.2. While this may indicate some investor confidence in the company, it remains to be seen if the losses can be offset in the coming years. 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 Archosaur Games. More…

    Total Revenues Net Income Net Margin
    696.88 -526.35 -76.2%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Archosaur Games. More…

    Operations Investing Financing
    -317.75 -793.46 -182.78
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

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

    Total Assets Total Liabilities Book Value Per Share
    3.28k 312.85 3.76
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Archosaur Games are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    1.9% -30.2% -72.5%
    FCF Margin ROE ROA
    -57.1% -10.3% -9.6%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    As GoodWhale conducted an analysis of ARCHOSAUR GAMES‘s wellbeing, we concluded them to be classified as an ‘elephant’. This term is used to describe companies that are rich in assets after deducting off liabilities. Such a company may be of interest to investors looking for stability and safety, as well as those seeking capital gains. The assessment of ARCHOSAUR GAMES’s performance using Star Chart indicated a health score of 8/10. This is a strong result considering the cashflows and debt, as it suggests that the company is capable to sustain future operations in times of crisis. Furthermore, GoodWhale’s analysis suggests that ARCHOSAUR GAMES is strong in asset and medium in profitability, but weak in dividend and growth. This means that investors expecting strong returns from dividends and growth may need to look elsewhere. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis


  • Peers

    All four companies are vying for a share of the gaming industry, with each company bringing their own unique ideas and strategies to the table. This competition has made the industry even more exciting for gamers, with each company striving to produce the best gaming experience possible.

    – Vivid Games SA ($LTS:0RJG)

    Vivid Games SA is a Polish video game developer and publisher based in Poznan, Poland. Founded in 2006, the company is best known for developing and publishing mobile games for Apple iOS and Android devices, as well as console and PC games. As of 2023, Vivid Games SA has a market capitalization of 33.62M, indicating its current value in the market. Additionally, the company has a Return on Equity (ROE) of -4.53%, which indicates that the company has been generating losses on a relative basis.

    – KuuHubb Inc ($TSXV:KUU)

    KuuHubb Inc is a technology company that specializes in the design and development of mobile applications and software. As of 2023, the company has a market capitalization of 1.29M, which is an indication of its size and financial strength. The company’s Return on Equity (ROE) of -36.83% is an indication of its profitability as it is well below the industry average. Despite this, the company is continually investing in research and development in order to stay competitive in its industry.

    – Wicket Gaming AB ($OTCPK:WIGAF)

    Wicket Gaming AB is a Swedish gaming company that specializes in developing and publishing video games. The company’s market cap as of 2023 is 2.59M, which is a measure of the company’s value. This reflects the value of the company’s assets and liabilities, which can be used to determine the amount of equity available for shareholders. Additionally, Wicket Gaming AB has a Return on Equity of -25.97%, which measures how much profit the company is able to generate from its shareholders’ investments. This indicates that the company is not efficiently utilizing its equity to generate returns for its shareholders.

    Summary

    Archosaur Games is a gaming industry company which has recently released its financial forecasts for 2023 and has forecasted a wider loss than expected. Media coverage of the company has mostly been negative, leading investors to be cautious about investing in the company. Analysts suggest that investors should take into account the trajectory of the company’s growth, as well as its current financials, before investing in the company. They should also consider the competitive landscape and market share of the company, and whether the company is able to stay competitive in the long run.

    Furthermore, investors should pay attention to the management team and their track record in order to determine how experienced and reliable they are. Finally, it is important to consider the potential risks associated with investing in such a volatile industry before making a final decision.

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