# Allied Gaming & Entertainment Inc. (AGAE)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $84M  
**Price:** $2.12 (-4.35%)

> Allied Gaming & Entertainment Inc. is a global experiential entertainment company dedicated to delivering unique experiences for gamers and concertgoers through its diverse assets, products, and services. Its esports business unit, Allied Esports, produces competitive video game events, tournaments, live and virtual entertainment, and original programming, including proprietary brands like Frags, Knockdown, and the Legend Series. The company operates HyperX Esports Arena Las Vegas, a flagship gaming venue at the Luxor Hotel, alongside mobile esports trucks for on-the-go events. It also manages the Allied Esports Property Network, an affiliate program connecting venues across North America, Europe, China, and Australia, and AE Studios for content production in gaming, sports, entertainment, and tech. Additional segments encompass casual mobile gaming via Z-Tech and live concert promotion through Skyline, fostering communities among younger generations. Headquartered in New York, New York, Allied Gaming & Entertainment Inc. plays a key role in the esports and experiential entertainment sectors by bridging players, fans, creators, and brands worldwide.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $8M | — | -$39M | -$33M | — |
| 2024 | $9M | — | -$23M | -$17M | — |
| 2023 | $8M | — | -$7M | -$3M | — |
| 2022 | $6M | — | -$12M | -$11M | — |
| 2021 | $5M | — | -$16M | $63M | — |
| 2020 | $3M | — | -$32M | -$45M | — |
| 2019 | $8M | — | -$14M | -$17M | — |
| 2018 | $21M | — | -$29M | -$31M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $90M | $52M | $35M | $12M | — |
| 2024 | $113M | $35M | $73M | $59M | — |
| 2023 | $112M | $19M | $83M | $16M | — |
| 2022 | $98M | $10M | $88M | $11M | — |
| 2021 | $106M | $7M | $99M | $93M | — |
| 2020 | $62M | $28M | $33M | $424,223 | — |
| 2019 | $75M | $30M | $44M | — | — |
| 2018 | $66M | $42M | $24M | $133,729 | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$10M | $118,482 | -$10M |
| 2024 | -$10M | $82,951 | -$10M |
| 2023 | -$8M | $378,060 | -$9M |
| 2022 | -$11M | $44,386 | -$11M |
| 2021 | -$10M | $191,668 | -$10M |
| 2020 | -$5M | $355,769 | -$6M |
| 2019 | -$8M | $1M | -$9M |
| 2018 | -$15M | $17M | -$32M |

Source: [CompaniesByCap](https://companiesbycap.com/company/AGAE)