Champion Gaming Group Inc. (WAGR) - Net Assets
Based on the latest financial reports, Champion Gaming Group Inc. (WAGR) has net assets worth CA$-5.57 Million CAD as of September 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$433.57K) and total liabilities (CA$6.00 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-5.57 Million |
| % of Total Assets | -1283.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Champion Gaming Group Inc. - Net Assets Trend (2020–2022)
This chart illustrates how Champion Gaming Group Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Champion Gaming Group Inc. (2020–2022)
The table below shows the annual net assets of Champion Gaming Group Inc. from 2020 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | CA$-4.57 Million | -1019.51% |
| 2021-12-31 | CA$-408.61K | +21.49% |
| 2020-12-31 | CA$-520.48K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Champion Gaming Group Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1529065600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$17.83 Million | % |
| Total Equity | CA$-4.57 Million | 100.00% |
Champion Gaming Group Inc. Competitors by Market Cap
The table below lists competitors of Champion Gaming Group Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RAFAKO SA
WAR:RFK
|
$555.38K |
|
Vantex Resources Ltd
V:VAX
|
$556.63K |
|
Vertiqal Studios Corp.
F:9PY0
|
$558.65K |
|
Nagambie Resources Limited
F:P6C
|
$559.23K |
|
Sanderson Design Group PLC
LSE:SDG
|
$553.93K |
|
Skillcast Group PLC
LSE:SKL
|
$550.53K |
|
AIM6 Ventures Inc
V:AIMF-P
|
$547.24K |
|
Alterego Ventures 24 Corp.
V:ALTR-P
|
$547.16K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Champion Gaming Group Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -408,612 to -4,574,463, a change of -4,165,851.
- Net loss of 6,161,798 reduced equity.
- New share issuances of 307,500 increased equity.
- Other factors increased equity by 1,688,447.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-6.16 Million | -134.7% |
| Share Issuances | CA$307.50K | +6.72% |
| Other Changes | CA$1.69 Million | +36.91% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Champion Gaming Group Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CA$-0.01 | CA$0.01 | x |
| 2021-12-31 | CA$-0.01 | CA$0.01 | x |
| 2022-12-31 | CA$-0.06 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Champion Gaming Group Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -461.43%
- • Asset Turnover: 5.12x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -317.65% | 10.03x | 0.00x | CA$-5.80 Million |
| 2021 | 0.00% | -455.32% | 0.94x | 0.00x | CA$-9.09 Million |
| 2022 | 0.00% | -461.43% | 5.12x | 0.00x | CA$-5.70 Million |
Industry Comparison
This section compares Champion Gaming Group Inc.'s net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $18,698,355
- Average return on equity (ROE) among peers: -8.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Champion Gaming Group Inc. (WAGR) | CA$-5.57 Million | 0.00% | N/A | $554.26K |
| Contagious Gaming Inc (CNS) | $-611.94K | 0.00% | 0.00x | $680.25K |
| East Side Games Group Inc (EAGR) | $46.86 Million | -1.97% | 0.34x | $8.37 Million |
| Aquarius AI Inc (GOOD) | $-3.80 Million | 0.00% | 0.00x | $431.10K |
| Gamelancer Media Corp. (VRTS) | $32.35 Million | -33.10% | 0.53x | $6.91 Million |
About Champion Gaming Group Inc.
Champion Gaming Group Inc. operates as a sports content, data, and analytics company. It operates as a premier sports intelligence destination for sports wagering and fantasy sports under the Football Outsiders, EdjSports, and EdjVarsity brands. The company also provides a suite of digital products powered by data science methodologies to business-to-business and business-to-consumer customers in… Read more