Projected Income Statement: GameWith Inc.

Forecast Balance Sheet: GameWith Inc.

Fiscal Period: May 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt -2,276 -2,632 -2,594 -2,525 -2,098 - - -
Change - -15.64% 1.44% 2.66% 16.91% - - -
Announcement Date 7/14/21 7/13/22 7/12/23 7/10/24 7/9/25 7/15/26 - -
Estimates

Cash Flow Forecast: GameWith Inc.

Fiscal Period: May 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 73 12 62 65 71 24 29 25
Change - -83.56% 416.67% 4.84% 9.23% -66.2% 20.83% -13.79%
Free Cash Flow (FCF) 1 - - - 76 -339 186 - -
Change - - - - -546.05% 154.87% -100% -
Announcement Date 7/14/21 7/13/22 7/12/23 7/10/24 7/9/25 7/15/26 - -
1JPY in Million
Estimates

Forecast Financial Ratios: GameWith Inc.

Fiscal Period: May 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - - - - - - - - -
EBIT Margin (%) - -7.26% 6.41% 9.61% 1.92% -5.68% 2.51% 1.23% 3.41%
EBT Margin (%) - -10.62% 7.08% 9.14% -7.18% -6.2% 2.5% - -
Net margin (%) - -7.53% 3.78% 5.1% -9.92% -6.81% 0.62% 0.49% 2.27%
FCF margin (%) - - - - 2.17% -9.82% 4.6% - -
FCF / Net Income (%) - - - - -21.9% 144.26% 741.07% - -

Profitability

         
ROA - -5.18% 4.6% 6.62% 1.06% -5.73% 3.36% - -
ROE - -6.7% 3.7% 5.4% -11.1% -8.4% 0.9% 0.7% 3.6%

Financial Health

         
Leverage (Debt/EBITDA) - - - - - - - - -
Debt / Free cash flow - - - - - - - - -

Capital Intensity

         
CAPEX / Current Assets (%) - 2.53% 0.38% 1.77% 1.86% 2.06% 0.59% 0.72% 0.57%
CAPEX / EBITDA (%) - - - - - - - - -
CAPEX / FCF (%) - - - - 85.53% -20.94% - - -

Items per share

         
Cash flow per share 1 - -10.71 8.92 11.33 -18.27 -11.97 2.86 - -
Change - - 183.29% 27.02% -261.25% 34.48% 123.89% - -
Dividend per Share 1 - - - - - - - - -
Change - - - - - - - - -
Book Value Per Share 1 - 174.5 181.3 188.5 167.2 153.2 155.2 - -
Change - - 3.9% 3.98% -11.26% -8.39% 1.31% - -
EPS 1 - -12.07 6.57 9.99 -19.57 -13.5 1.43 1.1 5.7
Change - - 154.43% 52.05% -295.9% 31.02% 110.59% -87.21% 418.18%
Nbr of stocks (in thousands) - 18,045 18,065 17,818 17,463 17,463 17,463 17,463 17,463
Announcement Date - 7/14/21 7/13/22 7/12/23 7/10/24 7/9/25 7/15/26 - -
1JPY
Estimates
2026 2027 *
P/E 134x 154x
PBR 1.23x -
EV / Sales 0.82x 0.73x
Yield - -

EPS & Dividend

Y-o-Y evolution of P/E

Quarterly revenue - Rate of surprise

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