SEGG Sports Entertainment Gaming Global Corp

Overview and Growth

In fiscal 2025, Sports Entertainment Gaming Global Corp recorded $559.59K of revenue, net loss of $20.30M, and an operating cash outflow of $3.43M. At $559.59K, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $958.64K in fiscal 2024, revenue decreased 41.6%, a top-line contraction that reduced operating scale. Diluted earnings per share were -$5.78, translating the period’s attributable earnings into the amount reported for each diluted share. A diluted share base of 3.52M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. The diluted share count was 144.5% higher than fiscal 2024, when diluted shares averaged 1.44M, adding context to the EPS comparison. At period end, total assets were $55.66M, framing the scale of the company’s operating and financing commitments. Revenue equaled 0.01x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

Direct costs exceeded revenue, producing a gross loss of $215.23K before operating expenses. The gross loss equaled 38.5% of revenue, quantifying the direct-cost deficit before operating expenses. Operations produced a $17.87M operating loss before non-operating and tax effects. After all below-operating-line items, the company recorded a net loss of $20.30M for the fiscal year. EBITDA was negative $13.63M, showing a deficit before interest, taxes, depreciation, and amortization. Before income taxes, the company recorded a loss of $20.79M, bridging the operating result to the final net loss. The reported income-tax provision was $16.82K, the amount recognized between pretax income and the final net-income result. Relative to period-end equity, the net loss represented 85.4%. The net loss equaled 36.5% of period-end assets, showing the deficit relative to the asset base. Compared with a $28.22M net loss in fiscal 2024, the current loss improved to $20.30M.

Liquidity and Capital Structure

Total assets were $55.66M, supported by $31.90M of liabilities and $23.76M of shareholder equity. At period end, current assets of $12.88M compared with current liabilities of $31.90M, defining the company’s short-term resource position. Current assets covered only 0.4x of current liabilities, so current liabilities exceeded current assets at period end. Reported cash and equivalents were $171.52K, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 0.5%, excluding receivables and other current assets. Equity equaled 42.7% of assets, showing the shareholder-capital layer within the company’s balance sheet. The liabilities-to-assets relationship was 57.3%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 0.3% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $52.94M in fiscal 2024, the current asset base moved 5.1% and finished higher. Against $22.54M of equity in fiscal 2024, the current book-equity balance moved 5.4% and ended higher. Cash and equivalents were 152.1% higher than fiscal 2024 cash of $68.03K, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $3.43M, rather than cash generation from operations. The operating cash outflow widened to $3.43M from $1.88M in fiscal 2024.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.