Added to YB: 2025-07-09
Pitch date: 2025-07-07
ANGL.ST [bullish]
Angler Gaming plc
-25.44%
current return
Author Info
SpruceHill Capital is a value investor with a focus on illiquid small and micro cap stocks. Sign up for the newsletter.
Company Info
Angler Gaming plc invests in companies that offer gaming services through the internet in Malta. The company owns and administers shareholding in Internet gambling companies, which directly or through partners offer games to end users.
Market Cap
SEK 25.6M
Pitch Price
SEK 4.01
Price Target
8.20 (+174%)
Dividend
3.89%
EV/EBITDA
4.98
P/E
10.89
EV/Sales
0.65
Sector
Hotels, Restaurants and Leisure
Category
turnaround
Is This Dirt-Cheap Nano-Cap Hiding a Turnaround? Angler Gaming at 5x Earnings
ANGL.ST: Gaming stock at 10x 2024E now trading at ~4.5x 2025E. Q1 saw revenue -25% but EBIT +10%, net income +60% due to B2B cost restructuring. Customer deposits at highest since 2021, signaling strong business fundamentals. CEO bought €200k shares. Risks: growing receivables, low taxes, B2B contract opacity.
Read full article (5 min)