AASP
Agassi Sports Entertainment Corp.5.0000
+0.0000+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
48.93MP/E (TTM)
-Basic EPS (TTM)
-0.29Dividend Yield
0%Recent Filings
8-K
10-Q
Q3 FY2025 results
Agassi Sports Entertainment posted a Q3 net loss of $755,899, up 18.7% y/y from $637,013, driven by $309,893 in stock-based compensation for warrants issued in July 2025, while YTD net loss widened to $2.8M from $670K amid ramped-up payroll and consulting for pickleball ventures. No revenue yet, but cash dipped to $516K from $2.3M at year-end after $1.8M operating burn, offset by November 2024's $2.5M raise. Key move: snagged 'World Series of Pickleball' trademark in May for $25K cash plus warrants valued at $283K, amortized over 15 years. Warrants overhang looms large. Post-quarter, inked $2.1M IBM deal for AI racquet sports app, eyeing revenue streams. Stock volatility persists amid illiquid trading.
8-K
IBM-ASE AI racquet sports partnership
Agassi Sports Entertainment inked a partnership with IBM on October 31, 2025, to build a website, mobile app, and AI-powered video analysis model for racquet sports, targeting launch by June 30, 2026, at a cost of $2.13M in monthly installments. IBM commits $2.95M in non-cash investments like reduced rates and in-kind support, while Agassi pledges $5.49M more in services through 2030, plus a 2-2.5% performance bonus on net revenues. This digital push aims to boost community engagement and revenue streams, yet hinges on timely payments amid execution risks.
8-K
Updated investor presentation released
Agassi Sports Entertainment disclosed an updated investor presentation on October 8, 2025, under Regulation FD to ensure fair information flow. The materials, attached as Exhibit 99.1, outline current business expectations but carry forward-looking risks that could materially alter outcomes. Investors should review SEC filings for full context. No specific financial impacts were detailed.
10-Q
Q2 FY2025 results
Agassi Sports Entertainment Corp. posted a Q2 net loss of $335,914, up sharply from $20,212 a year earlier, driven by payroll, legal, and consulting fees as it ramps up pickleball initiatives. For the half-year, the net loss hit $2,001,160 versus $33,122 last year, with stock-based compensation of $1,440,777 from warrants to consultants like Darren Cahill and Justin Gimelstob pushing the gap; operating loss matched net loss, as no other items exceeded 20%. Cash dipped to $1.7M from $2.3M year-end, after $589K used in operations and $25K for the May 2025 trademark buyout of 'World Series of Pickleball' for $25K cash plus warrants valued at $283K (amortized over 15 years). No debt burdens the balance sheet, but funding needs loom. Warrants overhang risks dilution.
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