Want to see TSE:VRTS full AI Analyst Report?
Top Page
Wondr Gaming Corp
(TSX:VRTS)
Select Model
Select Model
Rating:45Neutral
Price Target:
C$0.01
▲(0.00% Upside)
Action:Reiterated
Date:08/26/26
The score is primarily held down by weak financial performance—persistent losses, negative equity, and ongoing cash burn—despite strong recent revenue momentum and better gross margin. Corporate updates provide some offset via improving cost discipline and incremental liquidity, while technical signals are neutral due to missing indicators and valuation support is limited by unprofitability and no dividend data.
Positive Factors
Revenue and Gross Margin Improvement
Sharp revenue acceleration and substantially better gross margin indicate stronger monetization or mix. If sustained, the larger sales base and improved unit economics could create operating leverage, although profitability remains unproven.
Negative Factors
Persistent Unprofitability
Large recurring losses show that revenue growth has not yet translated into a viable earnings model. Continued unprofitability may constrain reinvestment, increase dependence on financing and make successful execution essential.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Gross Margin Improvement
Sharp revenue acceleration and substantially better gross margin indicate stronger monetization or mix. If sustained, the larger sales base and improved unit economics could create operating leverage, although profitability remains unproven.
Read all positive factors
Wondr Gaming Corp (VRTS) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$4.33M
Dividend YieldN/A
Average Volume (3M)136.64K
Price to Earnings (P/E)―
Beta (1Y)1.72
Revenue Growth35.39%
EPS Growth-184.44%
CountryCA
Employees3
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)-0.01
Shares Outstanding865,954,800
10 Day Avg. Volume88,083
30 Day Avg. Volume136,638
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-2.45
Price to Sales (P/S)3.08
P/FCF Ratio-6.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Wondr Gaming Corp Business Overview & Revenue Model
Company Description
Vertiqal Studios Corp. is a Toronto-based digital strategy, creative, and distribution holding company that owns one of North America's largest gaming and lifestyle networks on social media. The company manages over 200 channels on platforms like ...
How the Company Makes Money
null...
Wondr Gaming Corp Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
16
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.95M | 5.83M | 4.86M | 4.85M | 3.56M | 186.92K |
| Gross Profit | 742.25K | 188.68K | 3.37M | 3.44M | 2.34M | 107.27K |
| EBITDA | -7.28M | -5.97M | -808.87K | -50.40M | -9.52M | -9.30M |
| Net Income | -10.69M | -10.49M | -2.37M | -49.02M | -10.71M | -9.58M |
Balance Sheet | ||||||
| Total Assets | 9.78M | 12.18M | 4.87M | 7.41M | 49.56M | 7.85M |
| Cash, Cash Equivalents and Short-Term Investments | 585.66K | 360.51K | 506.13K | 1.16M | 556.80K | 3.75M |
| Total Debt | 7.24M | 5.66M | 5.64M | 5.78M | 3.99M | 21.00K |
| Total Liabilities | 19.38M | 19.51M | 8.86M | 9.48M | 17.21M | 1.70M |
| Stockholders Equity | -9.60M | -7.33M | -4.00M | -2.07M | 32.35M | 6.15M |
Cash Flow | ||||||
| Free Cash Flow | -2.93M | -2.71M | -1.08M | -3.63M | -5.74M | -4.67M |
| Operating Cash Flow | -2.96M | -2.74M | -952.07K | -3.63M | -5.48M | -4.66M |
| Investing Cash Flow | -423.11K | -423.11K | 560.65K | -6.64M | -12.60M | -48.23K |
| Financing Cash Flow | 4.24M | 3.40M | 120.05K | 10.86M | 14.91M | 8.20M |
Wondr Gaming Corp Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
47 Neutral | C$5.00M | -0.20 | -89.00% | ― | -21.31% | -374.52% | |
45 Neutral | C$4.33M | -0.39 | 158.13% | ― | 35.39% | -184.44% | |
45 Neutral | C$4.72M | -6.77 | -87.88% | ― | -100.00% | 89.23% | |
42 Neutral | C$14.33M | -1.36 | -24.36% | ― | -15.26% | -9.21% | |
41 Neutral | C$7.26M | -30.77 | -5.94% | ― | -44.00% | 99.85% |
* Communication Services Sector Average
TSE:VRTS
Wondr Gaming Corp
0.01
-0.01
-50.00%
TSE:EGLX
Enthusiast Gaming Holdings
0.04
-0.04
-50.00%
TSE:EAGR
Leaf Mobile Inc
0.07
-0.38
-85.39%
TSE:TGS.H
TGS Esports Inc
0.06
0.00
0.00%
TSE:AIC
Alpha Esports Tech
0.40
0.12
42.86%
TSE:OAM
OverActive Media Corp
0.11
-0.26
-70.27%
Wondr Gaming Corp Corporate Events
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresPrivate Placements and Financing
Vertiqal Studios Grows Revenue, Narrows Loss and Adds Veteran Media Executive to Board
Positive
Aug 14, 2026
Vertiqal Studios reported second quarter 2026 revenue of $881,792, up 13.4% year over year and 21.4% sequentially, while its direct media revenue stream surged 130% over the first half of 2025. Despite gross margin compression and a wider year-ove...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.