FansUnite Entertainment Inc.

FansUnite Entertainment Inc.

FANS.TO
FansUnite Entertainment Inc.CA flagToronto Stock Exchange
0.08
CAD
+0.01
- -
26.97MMarket Cap
FansUnite Entertainment Inc.
FANS.TO
(Toronto Stock Exchange)

Recent

price

0.08

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
TTM
FRC
- -
- -
0.02
0.03
0.07
0.07
0.05
Revenue per Share
-0.05
-0.04
-0.14
-0.09
-0.2
-0.05
-0.04
Basic EPS, GAAP
-0.04
-0.01
-0.06
-0.04
-0.02
-0.01
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.03
-0.01
0.21
0.37
0.07
0.02
0.01
Book Value per Share
0.02
-0.01
0.04
-0.36
-0.08
-0.04
0.07
Tangible Book Value per Share
70
70
94
200
310
350
358
Basic Weighted Avg Shares
- -
- -
2
6
23
24
20
Sales/Revenue/Turnover
- -
- -
-884.14
-289.81
-120.39
-96.35
-90.68
Operating Margin (%)
- -
- -
1
4
21
20
20
Depreciation Expense
-3
-3
-13
-17
-61
-17
-15
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
-864.09
-304.28
-266.14
-70.39
-77.23
Profit Margin (%)
1
-1
4
-7
-16
-16
23
Working Capital
- -
- -
- -
- -
- -
- -
- -
LT Debt
3
1
23
83
43
30
27
Total Equity
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
-36.84
-127.96
-112.59
-160.84
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
3
3
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
358
358
358
Market Capitalization
19
14
20

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
9
10
45
Cash, Cash Equivalents & STI
2
1
2
Accounts Receivable, Net
4
6
- -
Inventories
- -
- -
- -
Total Current Liabilities
25
26
22
Payables & Accruals
7
7
3
ST Debt
3
3
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
862.94%
-29.79%
Free Cash Flow
- -
87.95%
-55.34%
Net Income, GAAP
- -
113.07%
-72.75%
Sales/Revenue/Turnover
- -
- -
3.03%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
10
5
4
7
23
2023
7
- -
5
7
24
2024
8
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.03
-0.05
0.09
- -
-0.2
2023
-0.02
- -
-0.02
- -
-0.05
2024
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
Business
FansUnite Entertainment Inc. is a global sports and entertainment company specializing in technology solutions related to regulated and lawful online gaming. The company develops and operates a comprehensive iGaming platform named Chameleon, which offers a full suite of products including pre-match and in-play sports betting, esports betting, daily fantasy sports, casino-style games with a certified random number generator, cryptocurrency wallet integration, and content services. FansUnite operates multiple business-to-consumer (B2C) brands such as the Scottish sportsbook McBookie and the Brazilian esports sportsbook VamosGG, alongside business-to-business (B2B) software solutions for online gambling operators worldwide. Its technology covers fixed and parimutuel odds, live and in-stream betting, and casino-style chance games. Founded in 2017 and headquartered in Vancouver, Canada, FansUnite also maintains a North American affiliate business with brands like Betting Hero and Props.com, focusing on live activation and content platforms. In the last two years, FansUnite has undergone significant strategic changes including the sale of its Betting Hero business to the Betting Hero co-founders and GeoComply Solutions for US$37.5 million, with plans to voluntarily delist from the Toronto Stock Exchange by August 2024 and return approximately C$26 million to shareholders as capital distribution. Leadership changes included the departure of its CEO and COO in early 2025, with the Chief Financial Officer taking on interim CEO duties. The company is focusing on exploring new business opportunities with retained capital while continuing to acquire technology platforms and assets with high growth potential in emerging markets. FansUnite reported substantial revenue growth in 2024, driven by its Props.com platform, reflecting its strategic focus on expanding in the sports and esports betting markets across global regulatory environments. FansUnite's industry coverage spans regulated online sports betting, esports betting, online casino gaming, daily fantasy sports, and technology platform solutions. Its customer base includes online gaming operators, sportsbook operators, esports betting markets, and individual bettors across North America, Europe, and Latin America. The company emphasizes technological innovation, leveraging machine learning and data analytics to optimize odds making and betting experiences. This positions FansUnite as a versatile player in the evolving online gambling and entertainment technology sector based on its extensive portfolio, strategic divestments, and ongoing pursuit of high-growth market assets. The firm remains publicly traded on the OTC Markets under ticker FUNFF as of late 2025.