Try our mobile app

Switch to company model in "Rising Stars" logic    *

General information

Country: UNITED STATES

Sector: Gambling

PlayAGS, Inc. designs and supplies gaming products and services for the gaming industry in the United States and internationally. It operates through three segments: Electronic Gaming Machines (EGM), Table Products, and Interactive Games (Interactive). The EGM segment offers various video slot titles for the marketplace; and EGM cabinets, including the Alora, Orion Portrait, Orion Rise, Orion Upright, ICON, Big Red, and Orion Slant. This segment also provides conversion kits that allow existing game titles to be converted to other game titles offered within that operating platform. It serves Class II Native American, Mexico, and the Philippines gaming jurisdictions, as well as Class III Native American, commercial, and charitable jurisdictions. The Table Products segment offers table products, including live felt table games, side bet offerings, progressives, card shufflers, signage, and other ancillary table game equipment, as well as table technology related to blackjack, poker, baccarat, craps, and roulette. This segment also provides Dex S, a single deck card shuffler for poker tables. Its brands include In Bet, Buster Blackjack, Double Draw Poker, and Criss Cross Poker. The Interactive segment offers a platform for business-to-business content aggregation used by real-money gaming and sports-betting partners; and business-to-consumer social casino games through its mobile ...
Website: playags.com


  • Bad financial results growth rate -5.5% (average between last period year over year growth for revenue and EBITDA), there is slowdown compared to average historical growth rates (16.6%)
  • Dividend yield for the last twelve months 0.0%
  • Free cash flow yield 1.2% (LTM)
  • Share price is 157.0% higher than minimum and 0.0% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (6.8x vs 6.8x)
  • Fundamental value created in LTM (estimate)

Key Financials (Download financials)

Ticker: AGS
Share price, USD:  (0.0%)12.49
year average price 12.32  


year start price 11.86 2025-01-12

min close price 11.83 2025-04-08

max close price 12.49 2025-06-30

current price 12.49 2026-01-11
Common stocks: 41 266 000

Dividend Yield:  0.0%
FCF Yield LTM: 1.2%
EV / LTM EBITDA: 6.8x
EV / EBITDA annualized: 7.1x
Last revenue growth (y/y):  -1.0%
Last growth of EBITDA (y/y):  -10.0%
Historical revenue growth:  +12.6%
Historical growth of EBITDA:  +20.7%
EV / Sales: 2.6x
Margin (EBITDA LTM / Revenue): 37.8%

Target EV / EBITDA (hist percentile): 6.8x
Fundamental value created in LTM:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 515
Net Debt ($m): 502
EV (Enterprise Value): 1 017
EBITDA LTM (млн $): 149
EV / LTM EBITDA: 6.8x
Price to Book: 4.4x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / EBITDA

Potential dynamics

News


2025-10-24businesswire.com

Caesars Entertainment and AGS Celebrate the Exclusive In-person and Online Launches of Kingdom of Horus and Reign of Anubis

2025-09-24globenewswire.com

AGS to Rock the Bolt at G2E 2025 With Bold New Brand and Largest Showcase in Company History

2025-04-28globenewswire.com

AGS Grows Slot Strategy Team with the Addition of Dan Marcus as Vice President of Product Management

2025-04-21globenewswire.com

AGS Appoints Arthur Rotziokos and Richard Orozco to Lead International Growth Efforts

2025-04-14zacks.com

Is PlayAGS (AGS) Stock Outpacing Its Consumer Discretionary Peers This Year?

2025-04-02globenewswire.com

AGS Welcomes David Jacques as Vice President of Table Games Engineering

2025-03-27globenewswire.com

AGS Ignites IGA 2025 with Next-Level Slot & Table Game Innovations

2025-03-27zacks.com

Is PlayAGS (AGS) Outperforming Other Consumer Discretionary Stocks This Year?

2025-03-27zacks.com

Are Investors Undervaluing PlayAGS (AGS) Right Now?

2025-03-25globenewswire.com

AGS Wins 2025 USA TODAY Top Workplaces USA Award
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2025 q1 2024 q4 2024 q3 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol AGS AGS AGS AGS AGS AGS AGS AGS AGS AGS AGS
reportedCurrency USD USD USD USD USD USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M 2M 2M 2M 2M 2M
fillingDate 2025-05-08 2025-03-06 2024-11-07 2024-08-07 2024-05-09 2024-03-06 2023-11-07 2023-08-03 2023-05-09 2023-03-09 2022-11-08
acceptedDate 2025-05-08 16:14:17 2025-03-06 16:19:29 2024-11-07 17:01:03 2024-08-07 16:54:09 2024-05-09 09:09:37 2024-03-06 09:16:05 2023-11-07 16:20:54 2023-08-03 16:20:47 2023-05-09 16:21:08 2023-03-09 16:20:56 2022-11-08 16:21:17
calendarYear 2025 2024 2024 2024 2024 2023 2023 2023 2023 2022 2022
period Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3
revenue 95M 103M 99M 97M 96M 94M 89M 90M 83M 82M 78M
costOfRevenue 27M 31M 31M 48M 47M 50M 27M 25M 24M 23M 22M
grossProfit 68M 72M 69M 48M 49M 45M 63M 65M 59M 59M 56M
grossProfitRatio 0.713 0.696 0.692 0.5 0.509 0.474 0.7 0.722 0.71 0.717 0.716
researchAndDevelopmentExpenses 13M 12M 12M 12M 11M 11M 10M 11M 11M 10M 10M
generalAndAdministrativeExpenses 0 0 0 0 0 0 0 0 0 0 0
sellingAndMarketingExpenses 0 0 0 0 0 0 0 0 0 0 0
sellingGeneralAndAdministrativeExpenses 18M 19M 19M 23M 18M 17M 19M 20M 17M 17M 17M
otherExpenses 20M 19M 20M -412 000 137 000 -456 000 259 000 10000 19M 19M 19M
operatingExpenses 51M 50M 51M 34M 29M 28M 48M 49M 47M 45M 46M
costAndExpenses 78M 82M 82M 83M 76M 77M 75M 74M 71M 68M 68M
interestIncome 599 000 513 000 662 000 677 000 685 000 588 000 591 000 319 000 357 000 331 000 305 000
interestExpense 12M 13M 14M 13M 14M 15M 15M 14M 14M 13M 10M
depreciationAndAmortization 21M 19M 20M 20M 19M 20M 20M 20M 21M 20M 22M
ebitda 37M 42M 37M 34M 39M 37M 36M 36M 33M 33M 31M
ebitdaratio 0.395 0.409 0.374 0.349 0.409 0.394 0.401 0.401 0.398 0.404 0.394
operatingIncome 17M 21M 17M 14M 20M 17M 15M 15M 12M 13M 9M
operatingIncomeRatio 0.175 0.208 0.176 0.144 0.206 0.179 0.162 0.168 0.141 0.165 0.115
totalOtherIncomeExpensesNet -12M -11M -14M -13M -15M -16M 270 000 -421 000 -13M -12M -10M
incomeBeforeTax 5M 10M 4M 547 000 5M 1M 785 000 1M -2M 2M -1M
incomeBeforeTaxRatio 0.049 0.097 0.036 0.006 0.052 0.012 0.009 0.015 -0.018 0.02 -0.018
incomeTaxExpense 1M -34M 1M 107 000 661 000 1M 941 000 484 000 -1M -937 000 -2M
netIncome 3M 44M 2M 440 000 4M 67 000 -156 000 851 000 -334 000 3M 476 000
netIncomeRatio 0.034 0.431 0.025 0.005 0.045 0.001 -0.002 0.009 -0.004 0.031 0.006
eps 0.07 1.03 0.06 0.011 0.11 0.002 -0.004 0.02 -0.009 0.06 0.01
epsdiluted 0.07 1.03 0.06 0.011 0.11 0.002 -0.004 0.02 -0.009 0.06 0.01
weightedAverageShsOut 41M 41M 40M 40M 39M 39M 38M 38M 38M 38M 37M
weightedAverageShsOutDil 41M 41M 40M 40M 39M 39M 38M 38M 38M 38M 37M
link Link Link Link Link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link Link Link Link Link

Balance Sheet Statement

Property 2025 q1 2024 q4 2024 q3 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol AGS AGS AGS AGS AGS AGS AGS AGS AGS AGS AGS
reportedCurrency USD USD USD USD USD USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M 2M 2M 2M 2M 2M
fillingDate 2025-05-08 2025-03-06 2024-11-07 2024-08-07 2024-05-09 2024-03-06 2023-11-07 2023-08-03 2023-05-09 2023-03-09 2022-11-08
acceptedDate 2025-05-08 16:14:17 2025-03-06 16:19:29 2024-11-07 17:01:03 2024-08-07 16:54:09 2024-05-09 09:09:37 2024-03-06 09:16:05 2023-11-07 16:20:54 2023-08-03 16:20:47 2023-05-09 16:21:08 2023-03-09 16:20:56 2022-11-08 16:21:17
calendarYear 2025 2024 2024 2024 2024 2023 2023 2023 2023 2022 2022
period Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 39M 38M 45M 44M 41M 51M 44M 35M 25M 38M 33M
shortTermInvestments 0 0 0 4M 4M 4M 5M 7M 0 0 0
cashAndShortTermInvestments 39M 38M 45M 44M 41M 51M 44M 35M 25M 38M 33M
netReceivables 87M 86M 78M 75M 71M 68M 68M 67M 65M 60M 58M
inventory 32M 33M 36M 33M 37M 36M 37M 39M 38M 35M 36M
otherCurrentAssets 21M 21M 9M 5M 10M 10M 5M 7M 10M 9M 16M
totalCurrentAssets 180M 178M 169M 162M 158M 165M 160M 154M 144M 146M 144M
propertyPlantEquipmentNet 90M 88M 90M 91M 87M 89M 91M 90M 92M 94M 91M
goodwill 287M 287M 288M 289M 291M 290M 290M 290M 289M 288M 287M
intangibleAssets 110M 115M 109M 113M 118M 123M 129M 133M 137M 142M 147M
goodwillAndIntangibleAssets 397M 401M 396M 402M 409M 414M 419M 423M 426M 430M 434M
longTermInvestments 0 0 0 0 0 0 0 0 0 0 0
taxAssets 39M 39M 7M 7M 8M 8M 9M 9M 8M 8M 7M
otherNonCurrentAssets 4M 3M 3M 5M 5M 5M 6M 5M 5M 7M 10M
totalNonCurrentAssets 529M 532M 496M 505M 508M 515M 524M 527M 532M 539M 542M
otherAssets 0 0 0 0 0 0 0 0 0 0 0
totalAssets 710M 710M 665M 667M 667M 680M 684M 681M 676M 685M 685M
accountPayables 6M 7M 10M 10M 5M 5M 9M 10M 10M 15M 18M
shortTermDebt 10M 9M 9M 9M 9M 9M 9M 9M 9M 6M 8M
taxPayables 15M 16M 17M 3M 4M 3M 17M 14M 13M 16M 17M
deferredRevenue 3M 3M 3M 3M 2M 2M -2M 0 0 0 0
otherCurrentLiabilities 12M 12M 11M 45M 31M 31M 37M 31M 29M 37M 33M
totalCurrentLiabilities 45M 48M 50M 53M 47M 48M 52M 49M 48M 59M 60M
longTermDebt 535M 537M 538M 537M 531M 546M 558M 559M 560M 560M 562M
deferredRevenueNonCurrent 0 0 0 9M 10M 10M 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 0 0 3M 3M 3M 2M 3M 3M 2M 2M 3M
otherNonCurrentLiabilities 12M 12M 3M 5M 4M 7M 8M 9M 11M 14M 555M
totalNonCurrentLiabilities 547M 549M 543M 544M 547M 565M 569M 570M 573M 577M 581M
otherLiabilities 0 0 0 0 0 0 0 0 0 0 0
capitalLeaseObligations 9M 9M 10M 10M 10M 10M 12M 12M 13M 10M 13M
totalLiabilities 592M 597M 594M 597M 594M 613M 621M 620M 621M 635M 641M
preferredStock 0 0 0 0 0 0 0 0 0 0 0
commonStock 414 000 410 000 407 000 401 000 393 000 389 000 386 000 379 000 379 000 378 000 377 000
retainedEarnings -305M -306M -351M -353M -351M -353M -353M -353M -353M -353M -356M
accumulatedOtherComprehensiveIncomeLoss -7M -8M -4M -2M 4M 3M 455 000 2M -915 000 -4M -6M
othertotalStockholdersEquity 429M 427M 425M 423M 420M 418M 415M 412M 409M 406M 405M
totalStockholdersEquity 117M 113M 71M 69M 73M 68M 63M 61M 55M 49M 44M
totalEquity 117M 113M 71M 69M 73M 68M 63M 61M 55M 49M 44M
totalLiabilitiesAndStockholdersEquity 710M 710M 665M 667M 667M 680M 684M 681M 676M 685M 685M
minorityInterest 0 0 0 0 0 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 710M 710M 665M 667M 667M 680M 684M 681M 676M 685M 685M
totalInvestments 0 0 0 4M 4M 4M 5M 7M 0 0 0
totalDebt 545M 546M 547M 548M 549M 565M 566M 567M 568M 567M 570M
netDebt 505M 508M 502M 503M 508M 514M 523M 532M 543M 529M 537M
link Link Link Link Link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link Link Link Link Link

Cash Flow Statement

Property 2025 q1 2024 q4 2024 q3 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol AGS AGS AGS AGS AGS AGS AGS AGS AGS AGS AGS
reportedCurrency USD USD USD USD USD USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M 2M 2M 2M 2M 2M
fillingDate 2025-05-08 2025-03-06 2024-11-07 2024-08-07 2024-05-09 2024-03-06 2023-11-07 2023-08-03 2023-05-09 2023-03-09 2022-11-08
acceptedDate 2025-05-08 16:14:17 2025-03-06 16:19:29 2024-11-07 17:01:03 2024-08-07 16:54:09 2024-05-09 09:09:37 2024-03-06 09:16:05 2023-11-07 16:20:54 2023-08-03 16:20:47 2023-05-09 16:21:08 2023-03-09 16:20:56 2022-11-08 16:21:17
calendarYear 2025 2024 2024 2024 2024 2023 2023 2023 2023 2022 2022
period Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3
netIncome 3M 44M 2M 440 000 4M 67 000 -156 000 851 000 -334 000 3M 476 000
depreciationAndAmortization 21M 19M 20M 20M 19M 20M 20M 20M 21M 20M 21M
deferredIncomeTax 387 000 -36M 400 000 135 000 270 000 451 000 460 000 96 000 591 000 -2M 847 000
stockBasedCompensation 2M 2M 2M 2M 2M 3M 3M 3M 3M 1M 2M
changeInWorkingCapital -1M -11M -4M 7M -3M -150 000 5M 52 000 -20M 2M -9M
accountsReceivables -577 000 -8M -4M -5M -2M -144 000 -633 000 -3M -4M -2M -5M
inventory 2M 5M -909 999 4M 1M 2M 3M 961 000 -2M 604 000 2M
accountsPayables 0 0 -3M 6M -2M -6M 1M 863 000 -13M 1M 0
otherWorkingCapital -3M -8M 4M 2M 146 000 3M 2M 752 000 -990 000 2M -6M
otherNonCashItems 1M 2M 908 000 39M 47M 3M 713 000 2M 842 000 798 000 2M
netCashProvidedByOperatingActivities 27M 21M 22M 32M 26M 26M 30M 26M 4M 25M 18M
investmentsInPropertyPlantAndEquipment -13M -10M 984 000 -23M -15M -15M -17M -16M -14M -19M -20M
acquisitionsNet 0 0 -15 000 3000 12 000 11 000 0 0 0 0 0
purchasesOfInvestments 0 0 0 0 0 0 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0 0 0 0 0 0
otherInvestingActivites -7M -6M -19M 3000 12 000 11 000 -7M 2M 609 000 2M 7000
netCashUsedForInvestingActivites -20M -16M -18M -23M -15M -15M -17M -13M -13M -18M -20M
debtRepayment -2M -2M -2M -2M -19M -2M -2M -2M -2M -2M -2M
commonStockIssued 0 0 0 0 50 000 0 0 0 0 0 0
commonStockRepurchased -2M -319 000 -201 000 -3M -2M 347 000 -320 000 0 -27 000 201 000 -191 000
dividendsPaid 0 0 0 0 0 0 0 0 0 0 0
otherFinancingActivites -1M -1M -1M -159 000 -1M -1M -2M -1M -1M -2M -1M
netCashUsedProvidedByFinancingActivities -5M -4M -3M -5M -22M -4M -4M -3M -3M -3M -3M
effectOfForexChangesOnCash 11 000 20 000 -60 000 -52 000 15 000 20 000 -5000 60 000 -7000 11 000 1000
netChangeInCash 1M 2M 730 000 4M -11M 7M 9M 9M -12M 4M -5M
cashAtEndOfPeriod 48M 47M 45M 44M 41M 51M 44M 35M 26M 38M 33M
cashAtBeginningOfPeriod 47M 45M 44M 41M 51M 44M 35M 26M 38M 33M 39M
operatingCashFlow 27M 21M 22M 32M 26M 26M 30M 26M 4M 25M 18M
capitalExpenditure -20M -16M -18M -23M -15M -15M -17M -16M -14M -19M -20M
freeCashFlow 7M 5M 4M 9M 11M 11M 13M 10M -10M 6M -2M
link Link Link Link Link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link Link Link Link Link

Earning call transcript

2023 q4
2024-03-05 ET (fiscal 2023 q4)
2023 q3
2023-11-07 ET (fiscal 2023 q3)
2023 q2
2023-08-05 ET (fiscal 2023 q2)
2023 q1
2023-05-13 ET (fiscal 2023 q1)
2022 q4
2023-03-09 ET (fiscal 2022 q4)
2022 q3
2022-11-12 ET (fiscal 2022 q3)
2022 q2
2022-08-08 ET (fiscal 2022 q2)
2022 q1
2022-05-07 ET (fiscal 2022 q1)

SEC forms

Show financial reports only

SEC form 10
2025-05-08 20:14 ET
PlayAGS reported for 2025 q1
SEC form 10
2025-05-08 00:00 ET
PlayAGS published news for 2025 q1
SEC form 10
2025-03-06 16:19 ET
PlayAGS published news for 2024 q4
SEC form 10
2025-03-06 00:00 ET
PlayAGS reported for 2024 q4
SEC form 10
2024-11-07 17:01 ET
PlayAGS reported for 2024 q3
SEC form 10
2024-08-07 16:54 ET
PlayAGS reported for 2024 q2
SEC form 10
2024-08-07 00:00 ET
PlayAGS published news for 2024 q2
SEC form 10
2024-05-09 00:00 ET
PlayAGS reported for 2024 q1
SEC form 10
2024-03-06 09:16 ET
PlayAGS published news for 2023 q4
SEC form 10
2024-03-06 00:00 ET
PlayAGS published news for 2023 q4
SEC form 8
2024-03-05 16:16 ET
PlayAGS reported for 2023 q4
SEC form 8
2024-03-05 16:16 ET
PlayAGS published news for 2023 q4
SEC form 8
2024-01-29 00:00 ET
PlayAGS reported for 2023 q4
SEC form 8
2024-01-29 00:00 ET
PlayAGS published news for 2023 q4
SEC form 10
2023-11-07 16:20 ET
PlayAGS reported for 2023 q3
SEC form 8
2023-11-07 16:16 ET
PlayAGS published news for 2023 q3
SEC form 10
2023-11-07 00:00 ET
PlayAGS published news for 2023 q3
SEC form 10
2023-08-03 16:20 ET
PlayAGS reported for 2023 q2
SEC form 6
2023-08-03 16:16 ET
PlayAGS published news for 2023 q2
SEC form 10
2023-08-03 00:00 ET
PlayAGS published news for 2023 q2
SEC form 8
2023-08-03 00:00 ET
PlayAGS published news for 2023 q2
SEC form 6
2023-07-12 16:53 ET
PlayAGS published news for 2023 q2
SEC form 6
2023-05-12 17:01 ET
PlayAGS published news for 2023 q1
SEC form 10
2023-05-09 00:00 ET
PlayAGS published news for 2023 q1
SEC form 8
2023-05-09 00:00 ET
PlayAGS published news for 2023 q1
SEC form 10
2023-03-09 00:00 ET
PlayAGS reported for 2022 q4
SEC form 8
2023-03-09 00:00 ET
PlayAGS reported for 2022 q4
SEC form 8
2022-11-08 00:00 ET
PlayAGS reported for 2022 q3
SEC form 10
2022-11-08 00:00 ET
PlayAGS reported for 2022 q3
SEC form 8
2022-08-08 00:00 ET
PlayAGS reported for 2022 q2
SEC form 10
2022-08-08 00:00 ET
PlayAGS reported for 2022 q2
SEC form 8
2022-05-05 00:00 ET
PlayAGS reported for 2022 q1
SEC form 10
2022-05-05 00:00 ET
PlayAGS reported for 2022 q1
SEC form 8
2022-03-10 00:00 ET
PlayAGS published news for 2021 q4
SEC form 10
2022-03-10 00:00 ET
PlayAGS published news for 2021 q4
SEC form 8
2022-01-18 00:00 ET
PlayAGS published news for 2021 q4
SEC form 8
2021-11-04 00:00 ET
PlayAGS published news for 2021 q3
SEC form 10
2021-11-04 00:00 ET
PlayAGS published news for 2021 q3
SEC form 8
2021-08-05 00:00 ET
PlayAGS published news for 2021 q2
SEC form 10
2021-08-05 00:00 ET
PlayAGS published news for 2021 q2
SEC form 8
2021-05-06 00:00 ET
PlayAGS published news for 2021 q1
SEC form 10
2021-05-06 00:00 ET
PlayAGS published news for 2021 q1