Play Ags, Inc. - Understand $ags stock

$AGS Market Cap: $473.9 Million

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Financial Snapshot

Revenue

$386.0M

TTM

Gross Margin

69.96%

TTM

Net Earnings

$7.247M

TTM

Current Assets

$168.8M

Q3 2024

Current Liabilities

$50.37M

Q3 2024

Current Ratio

335.13%

Q3 2024

Total Assets

$664.7M

Q3 2024

Total Liabilities

$593.9M

Q3 2024

Book Value

$70.84M

Q3 2024

Cash

$44.95M

Q3 2024

P/E

65.40

Nov 29, 2024 EST

Free Cash Flow

$34.95M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$356.5M	$309.4M	$259.7M	$167.0M	$304.7M	$285.3M	$212.0M	$166.8M	$123.3M	$72.14M	$58.40M	$58.60M	$59.60M
YoY Change	15.22%	19.15%	55.5%	-45.19%	6.81%	34.6%	27.07%	35.29%	70.91%	23.53%	-0.34%	-1.68%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$356.5M	$309.4M	$259.7M	$167.0M	$304.7M	$285.3M	$212.0M	$166.8M	$123.3M	$72.14M	$58.40M	$58.60M	$59.60M
Cost Of Revenue	$104.6M	$86.13M	$62.66M	$48.30M	$86.00M	$39.27M	$31.74M	$26.74M	$23.29M	$14.17M	$13.20M	$12.80M	$17.20M
Gross Profit	$252.0M	$223.3M	$197.0M	$118.7M	$218.7M	$246.0M	$180.2M	$140.1M	$100.0M	$57.97M	$45.20M	$45.80M	$42.50M
Gross Profit Margin	70.67%	72.17%	75.87%	71.07%	71.77%	86.24%	85.02%	83.97%	81.11%	80.36%	77.4%	78.16%	71.31%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$73.25M	$67.73M	$63.75M	$46.46M	$61.79M	$63.04M	$44.02M	$46.11M	$40.09M	$19.46M	$15.70M	$16.30M	$15.80M
YoY Change	8.15%	6.24%	37.2%	-24.8%	-1.99%	43.22%	-4.54%	15.02%	106.04%	23.92%	-3.68%	3.16%
% of Gross Profit	29.07%	30.33%	32.35%	39.14%	28.25%	25.62%	24.42%	32.92%	40.09%	33.56%	34.73%	35.59%	37.18%
Research & Development	$42.39M	$39.63M	$36.31M	$26.79M	$34.34M	$31.75M	$25.72M	$21.35M	$14.38M	$4.856M	$3.100M	$2.100M	$1.800M
YoY Change	6.96%	9.14%	35.55%	-21.99%	8.17%	23.45%	20.47%	48.48%	196.05%	56.65%	47.62%	16.67%
% of Gross Profit	16.82%	17.75%	18.43%	22.57%	15.7%	12.9%	14.27%	15.24%	14.38%	8.38%	6.86%	4.59%	4.24%
Depreciation & Amortization	$76.95M	$75.52M	$73.94M	$85.72M	$91.47M	$77.54M	$71.65M	$80.18M	$61.66M	$33.41M	$28.59M	$29.59M	$23.64M
YoY Change	1.9%	2.13%	-13.75%	-6.29%	17.98%	8.22%	-10.64%	30.03%	84.59%	16.84%	-3.38%	25.17%
% of Gross Profit	30.54%	33.82%	37.53%	72.22%	41.83%	31.51%	39.76%	57.24%	61.66%	57.62%	63.25%	64.61%	55.62%
Operating Expenses	$299.1M	$271.5M	$240.0M	$211.2M	$281.0M	$260.0M	$197.5M	$183.9M	$152.7M	$80.56M	$47.40M	$48.00M	$41.20M
YoY Change	10.19%	13.11%	13.65%	-24.84%	8.06%	31.68%	7.39%	20.39%	89.58%	69.96%	-1.25%	16.5%
Operating Profit	$57.39M	$37.97M	$19.70M	-$44.17M	$23.74M	$25.29M	$14.50M	-$17.06M	-$29.44M	-$8.421M	-$2.200M	-$2.200M	$1.300M
YoY Change	51.16%	92.71%	-144.61%	-286.08%	-6.14%	74.39%	-184.99%	-42.04%	249.59%	282.77%	0.0%	-269.23%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$57.43M	$40.61M	$44.35M	$41.94M	$36.25M	$37.61M	$55.51M	$59.96M	$41.64M	$17.24M	-$16.20M	-$9.800M	-$5.300M
YoY Change	41.42%	-8.44%	5.76%	15.69%	-3.61%	-32.25%	-7.42%	44.0%	141.61%	-206.39%	65.31%	84.91%
% of Operating Profit	100.06%	106.95%	225.1%		152.71%	148.7%	382.78%						-407.69%
Other Income/Expense, Net	-$109.0K	-$131.0K	-$1.185M	-$3.226M	-$4.622M	-$10.49M	$2.938M	-$7.404M	-$3.635M	-$573.0K	$0.00	$100.0K	-$300.0K
YoY Change	-16.79%	-88.95%	-63.27%	-30.2%	-55.93%	-456.98%	-139.68%	103.69%	534.38%		-100.0%	-133.33%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	$1.713M	-$10.26M	-$24.77M	-$91.25M	-$16.97M	-$13.81M	-$42.19M	-$69.02M	-$66.73M	-$26.19M	-$50.30M	-$41.20M	-$7.600M
YoY Change	-116.7%	-58.58%	-72.86%	437.73%	22.85%	-67.25%	-38.88%	3.43%	154.81%	-47.94%	22.09%	442.11%
Income Tax	$1.285M	-$2.225M	-$2.198M	-$5.875M	-$5.449M	-$8.377M	-$1.889M	-$3.000M	-$36.09M	$2.189M	$100.0K	$0.00	$0.00
% Of Pretax Income	75.01%
Net Earnings	$428.0K	-$8.035M	-$22.57M	-$85.38M	-$11.75M	-$20.85M	-$45.11M	-$81.37M	-$38.55M	-$28.38M	-$50.30M	-$41.20M	-$7.600M
YoY Change	-105.33%	-64.4%	-73.56%	626.5%	-43.62%	-53.78%	-44.57%	111.11%	35.84%	-43.59%	22.09%	442.11%
Net Earnings / Revenue	0.12%	-2.6%	-8.69%	-51.12%	-3.86%	-7.31%	-21.28%	-48.78%	-31.26%	-39.33%	-86.13%	-70.31%	-12.75%
Basic Earnings Per Share	$0.01	-$0.22	-$0.62	-$2.40	-$0.33	-$0.61	-$1.94	-$3.51	-$1.92	-$2.84
Diluted Earnings Per Share	$0.01	-$0.22	-$0.62	-$2.40	-$0.33	-$0.61	-$1.94	-$3.51	-$1.92	-$2.84	-$1.497M	-$1.226M	-$226.2K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$50.94M	$37.89M	$94.98M	$81.70M	$13.20M	$70.70M	$19.20M	$18.00M	$35.70M	$10.70M	$21.70M	$6.500M
YoY Change	34.43%	-60.11%	16.25%	518.94%	-81.33%	268.23%	6.67%	-49.58%	233.64%	-50.69%	233.85%
Cash & Equivalents	$50.94M	$37.89M	$94.98M	$81.70M	$13.20M	$70.70M	$19.20M	$18.00M	$35.70M	$10.70M	$21.70M	$6.500M
Short-Term Investments
Other Short-Term Assets	$9.862M	$12.97M	$13.14M	$8.900M	$8.400M	$7.900M	$6.300M	$5.800M	$7.100M	$4.200M	$4.300M	$2.900M
YoY Change	-23.96%	-1.28%	47.62%	5.95%	6.33%	25.4%	8.62%	-18.31%	69.05%	-2.33%	48.28%
Inventory	$36.08M	$35.39M	$27.53M	$26.90M	$32.90M	$27.40M	$24.50M	$10.70M	$7.100M	$3.200M	$3.900M	$5.400M
Prepaid Expenses
Receivables	$68.50M	$59.91M	$49.43M	$41.70M	$61.20M	$44.70M	$32.80M	$24.00M	$23.70M	$8.800M	$7.500M	$7.900M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$300.0K	$0.00	$2.400M
Total Short-Term Assets	$165.4M	$146.2M	$185.1M	$159.3M	$115.6M	$150.7M	$82.70M	$58.50M	$73.60M	$27.20M	$37.40M	$25.20M
YoY Change	13.15%	-21.02%	16.18%	37.8%	-23.29%	82.22%	41.37%	-20.52%	170.59%	-27.27%	48.41%
Property, Plant & Equipment	$88.63M	$93.56M	$87.42M	$90.80M	$115.1M	$91.50M	$78.00M	$67.90M	$66.70M	$40.80M	$49.50M	$40.30M
YoY Change	-5.27%	7.02%	-3.72%	-21.11%	25.79%	17.31%	14.87%	1.8%	63.48%	-17.58%	22.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$12.41M	$15.24M	$14.73M	$17.00M	$14.10M	$14.90M	$25.90M	$23.80M	$26.60M	$8.700M	$7.800M	$7.100M
YoY Change	-18.58%	3.48%	-13.37%	20.57%	-5.37%	-42.47%	8.82%	-10.53%	205.75%	11.54%	9.86%
Total Long-Term Assets	$515.0M	$538.6M	$547.7M	$581.5M	$646.8M	$580.6M	$614.5M	$575.6M	$637.5M	$229.0M	$216.4M	$100.4M
YoY Change	-4.39%	-1.67%	-5.81%	-10.1%	11.4%	-5.52%	6.76%	-9.71%	178.38%	5.82%	115.54%
Total Assets	$680.3M	$684.8M	$732.8M	$740.8M	$762.4M	$731.3M	$697.2M	$634.1M	$711.1M	$256.2M	$253.8M	$125.6M
YoY Change
Accounts Payable	$5.406M	$15.24M	$9.439M	$9.500M	$15.60M	$14.80M	$11.40M	$8.800M	$4.800M	$1.300M	$2.000M	$500.0K
YoY Change	-64.54%	61.5%	-0.64%	-39.1%	5.41%	29.82%	29.55%	83.33%	269.23%	-35.0%	300.0%
Accrued Expenses	$30.16M	$34.36M	$35.15M	$22.30M	$30.70M	$23.20M	$22.30M	$15.60M	$15.80M	$22.00M	$4.700M	$6.800M
YoY Change	-12.22%	-2.25%	57.62%	-27.36%	32.33%	4.04%	42.95%	-1.27%	-28.18%	368.09%	-30.88%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$6.253M	$6.060M	$6.877M	$7.000M	$6.000M	$6.000M	$7.400M	$6.500M	$6.900M	$2.500M	$1.600M	$400.0K
YoY Change	3.18%	-11.88%	-1.76%	16.67%	0.0%	-18.92%	13.85%	-5.8%	176.0%	56.25%	300.0%
Total Short-Term Liabilities	$47.59M	$58.57M	$55.48M	$42.90M	$56.50M	$47.40M	$43.70M	$33.00M	$29.90M	$26.30M	$8.500M	$8.200M
YoY Change	-18.75%	5.56%	29.33%	-24.07%	19.2%	8.47%	32.42%	10.37%	13.69%	209.41%	3.66%
Long-Term Debt	$547.5M	$550.1M	$599.3M	$601.6M	$518.7M	$521.9M	$644.2M	$547.2M	$533.3M	$164.2M	$153.4M	$117.8M
YoY Change	-0.47%	-8.21%	-0.39%	15.98%	-0.61%	-18.98%	17.73%	2.61%	224.79%	7.04%	30.22%
Other Long-Term Liabilities	$15.26M	$24.70M	$33.83M	$40.30M	$51.60M	$24.70M	$36.30M	$30.40M	$32.00M	$0.00	$100.0K	$1.600M
YoY Change	-38.2%	-26.99%	-16.07%	-21.9%	108.91%	-31.96%	19.41%	-5.0%		-100.0%	-93.75%
Total Long-Term Liabilities	$562.8M	$574.8M	$633.1M	$641.9M	$570.3M	$546.6M	$680.5M	$577.6M	$565.3M	$164.2M	$153.5M	$119.4M
YoY Change	-2.09%	-9.21%	-1.37%	12.55%	4.34%	-19.68%	17.82%	2.18%	244.28%	6.97%	28.56%
Total Liabilities	$612.7M	$635.4M	$691.2M	$687.0M	$628.6M	$595.5M	$725.2M	$617.7M	$610.6M	$192.4M	$162.0M	$127.5M
YoY Change	-3.58%	-8.08%	0.62%	9.29%	5.56%	-17.88%	17.4%	1.16%	217.36%	18.77%	27.06%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	38.17M	37.28M	36.69K	35.64K	35.42K	34.40K	23.21K	23.21M shares	20.08M shares	10.00M shares
Diluted Shares Outstanding	38.19M	37.28M	36.69K	35.64K	35.42K	34.40K	23.21K	23.21M shares	20.08M shares	10.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $473.93 Million

About PlayAGS, Inc.

PlayAGS, Inc. designs and supplies gaming products. The company is headquartered in Las Vegas, Nevada and currently employs 883 full-time employees. The company went IPO on 2018-01-26. The firm's segments include EGMs, Table Products and Interactive Games. The EGM segment includes server-based systems and back-office systems that are used by Class II Native American and Mexico gaming jurisdictions and Class III Native American, commercial, and charitable jurisdictions. The company offers a library of proprietary video slot titles developed for the global marketplace. The Table Products segment includes live felt table games, side-bets, and progressives, as well as card shufflers, including its newly introduced card shuffler, Pax S. The Interactive Games segment provides game content and access to its remote gaming server for real money gaming (RMG) online casino operators as well as social casino games available for desktop and mobile devices. The company also offers business-to-consumer (B2C) free-to-play social casino apps.

Industry: Miscellaneous Manufacturing Industries Peers: Accel Entertainment, Inc. Canterbury Park Holding Corp CENTURY CASINOS INC /CO/ FULL HOUSE RESORTS INC GAN Ltd Inspired Entertainment, Inc. LAS VEGAS SANDS CORP