Added to YB: 2026-06-25
Pitch date: 2026-06-22
CAST [neutral]
FreeCast, Inc.
Author Info
Fugazi Research exposes inflated valuations built on illusion — not substance. We dissect the narratives, trace the incentives, and reveal who’s really cashing in. In a market full of noise, we show what’s real behind the fugazi. Sign up for the newsletter.
Company Info
FreeCast, Inc. develops and markets an interactive digital media guide that facilitates access to a virtual library of entertainment media in the United States.
Market Cap
$341.5M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-26.93
P/E
-25.04
EV/Sales
613.60
Sector
Entertainment
Category
value
$CAST: A Streaming Illusion Hiding a Financial Nightmare
CAST (short): FreeCast spiked to $12.20 (~$400M cap) on hype-driven Starlink/DIRECTV reseller PRs w/ no contract value or signed customers. Reality: $350k 9mo rev (-15% YoY), $10M+ loss, $119k cash, going-concern, 579x P/S. CEO Mobley controls 88% votes, lends at 12%, owns $120M pref ahead of common, books related-party 'revenue.' Direct listing = no lockups on 25M insider shares + $50M equity line = dilution/dump risk. Fugazi: worth ZERO.
Read full article (18 min)