Elys Game Technology, Corp. (ELYS) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
107 E WARM SPRINGS RD. LAS VEGAS, NV 89119 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,400 | 7,320 | 18,946 | 5,183 | 6,290 | 6,470 | |||
| Cash and cash equivalents | 3,400 | 7,320 | 18,946 | 5,183 | 6,290 | 6,470 | |||
| Receivables | 732 | 273 | 164 | 157 | 10 | 116 | |||
| Prepaid expense | 900 | 969 | 327 | 222 | 125 | 88 | |||
| Other current assets | 339 | 404 | 301 | 461 | 56 | 13 | |||
| Other undisclosed current assets | 1,454 | 2,418 | 1,456 | 1,242 | 1,071 | 1,164 | |||
| Total current assets: | 6,825 | 11,383 | 21,194 | 7,265 | 7,551 | 7,850 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 611 | 490 | 490 | 521 | 355 | 280 | |||
| Long-term investments and receivables | 20 | 7 | 468 | 178 | 275 | ||||
| Long-term investments | 20 | 7 | 468 | 178 | 275 | ||||
| Intangible assets, net (including goodwill) | 12,038 | 31,722 | 11,921 | 17,520 | 12,846 | 3,506 | |||
| Goodwill | 1,662 | 16,164 | 1,663 | 1,663 | 263 | 260 | |||
| Intangible assets, net (excluding goodwill) | 10,376 | 15,558 | 10,258 | 15,857 | 12,583 | 3,246 | |||
| Restricted cash and investments | 365 | 387 | 1,099 | 1,550 | 1,561 | 588 | |||
| Other undisclosed noncurrent assets | 1,499 | 589 | 688 | 792 | 0 | ||||
| Total noncurrent assets: | 14,532 | 33,195 | 14,664 | 20,561 | 15,036 | 4,374 | |||
| TOTAL ASSETS: | 21,357 | 44,579 | 35,858 | 27,825 | 22,588 | 12,224 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 6,791 | 6,874 | 8,908 | 7,099 | 5,660 | 3,162 | |||
| Interest and dividends payable | ✕ | ✕ | 6 | ||||||
| Taxes payable | ✕ | ✕ | 48 | 947 | 298 | 1,056 | 1,555 | ||
| Accrued liabilities | 6,791 | 6,820 | 7,961 | 6,801 | 4,604 | 1,607 | |||
| Debt | 13 | 81 | 687 | 4,485 | 4,813 | 1,547 | |||
| Derivative instruments and hedges, liabilities | 223 | ||||||||
| Business combination, contingent consideration, liability | 142 | ||||||||
| Due to related parties | 51 | 318 | 318 | ||||||
| Other undisclosed current liabilities | 3,933 | 2,822 | 3,719 | 4,833 | 1,089 | 1,823 | |||
| Total current liabilities: | 10,737 | 9,827 | 13,314 | 16,418 | 11,880 | 7,215 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 2 | 340 | 417 | 549 | |||||
| Finance lease, liability | 2 | 8 | 17 | ✕ | ✕ | ||||
| Other undisclosed long-term debt and lease obligation | 332 | 400 | 549 | ||||||
| Liabilities, other than long-term debt | 3,319 | 3,652 | 1,887 | ||||||
| Liability for uncertainty in income taxes | 1,697 | 3,292 | 1,223 | ||||||
| Other liabilities | 465 | 360 | 664 | ||||||
| Operating lease, liability | 1,158 | ✕ | ✕ | ||||||
| Other undisclosed noncurrent liabilities | 148 | 13,018 | 84 | 2,057 | 834 | 895 | |||
| Total noncurrent liabilities: | 3,470 | 17,010 | 2,388 | 2,606 | 834 | 895 | |||
| Total liabilities: | 14,207 | 26,837 | 15,702 | 19,024 | 12,714 | 8,110 | |||
| Equity | |||||||||
| Equity, attributable to parent | 7,150 | 17,742 | 20,156 | 8,801 | 9,874 | 4,114 | |||
| Common stock | 3 | 2 | 2 | 1 | 8 | 7 | |||
| Additional paid in capital | 74,249 | 66,233 | 53,065 | 32,219 | 23,956 | 14,255 | |||
| Accumulated other comprehensive income (loss) | (601) | (251) | 268 | (177) | (1,081) | (250) | |||
| Accumulated deficit | (66,501) | (48,243) | (33,179) | (23,242) | (13,009) | (9,898) | |||
| Other undisclosed equity, attributable to parent | |||||||||
| Total equity: | 7,150 | 17,742 | 20,156 | 8,801 | 9,874 | 4,114 | |||
| TOTAL LIABILITIES AND EQUITY: | 21,357 | 44,579 | 35,858 | 27,825 | 22,588 | 12,224 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 42,679 | 45,547 | 37,266 | 35,583 | 34,575 | 22,865 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 241,104 | |
| Cost of revenue | (35) | (12,658) | (6,875) | (3,417) | (195,062) | |||
| Cost of goods and services sold | (12,658) | (6,875) | (3,417) | (195,062) | ||||
| Financing interest expense | (35) | ✕ | ||||||
| Gross profit: | 42,644 | 32,889 | 30,392 | 35,583 | 31,158 | (172,197) | ||
| Operating expenses | (75,099) | (72,443) | (44,799) | (38,579) | (34,148) | (20,270) | ||
| Other undisclosed operating income | 35 | 12,658 | 6,875 | 3,417 | 195,062 | |||
| Operating income (loss): | (32,420) | (26,897) | (7,532) | (2,996) | 427 | 2,595 | ||
| Nonoperating income (expense) | 12,392 | 11,023 | (1,053) | (5,800) | (616) | 159 | ||
| Investment income, nonoperating | 12,742 | 11,542 | (1,498) | (5,681) | (2,371) | (7) | ||
| Gain (loss), foreign currency transaction, before tax | (350) | (519) | 445 | (119) | (831) | 166 | ||
| Debt instrument, convertible, beneficial conversion feature | 2,586 | |||||||
| Interest and debt expense | (44) | (13) | (1,048) | (972) | (2,811) | (482) | ||
| Income (loss) from continuing operations before income taxes: | (20,072) | (15,887) | (9,633) | (9,768) | (3,000) | 2,272 | ||
| Income tax expense (benefit) | 1,420 | 290 | (907) | (598) | (1,103) | (973) | ||
| Income (loss) from continuing operations: | (18,651) | (15,597) | (10,540) | (10,367) | (4,103) | 1,299 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (15,597) | (10,540) | (10,367) | (4,103) | 1,299 | ||
| Other undisclosed net income | 393 | 532 | 603 | 1,092 | 1,057 | 67 | ||
| Net income (loss): | (18,258) | (15,065) | (9,937) | (9,275) | (3,046) | 1,366 | ||
| Other undisclosed net income (loss) attributable to parent | 0 | |||||||
| Net income (loss) available to common stockholders, diluted: | (18,258) | (15,065) | (9,937) | (9,275) | (3,046) | 1,366 | ||
Comprehensive Income ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (18,258) | (15,065) | (9,937) | (9,275) | (3,046) | 1,366 | ||
| Comprehensive income (loss): | (18,258) | (15,065) | (9,937) | (9,275) | (3,046) | 1,366 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (350) | (519) | 445 | (119) | (831) | 166 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (18,608) | (15,584) | (9,492) | (9,394) | (3,877) | 1,532 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.