BNGOF Bingo.com Ltd. featured news, full reports, and detailed charts
Bingo.com Ltd. (BNGOF/BNGOF.OB) Wrap Up:
Bingo.com, Ltd., together with its subsidiaries, engages in the development and operation of a bingo based Web portal bingo.com. Its Web site provides Internet based games for individuals and other forms of entertainment, including an online community, chat rooms, contests, sweepstakes, and tournaments. The company also offers entertainment content to its players in the form of free-to-play, or pay-to play multiplayer theme bingo games, such as astrology bingo and cupid bingo, as well as online video poker and slot machines. It sells advertisements and provides games of chance to its registered subscribers. The company was founded in 1987 and is based in The Valley, British West Indies.Bingo.com Ltd. (BNGOF:OTC Bulletin Board Market)
Snapshot of Bingo.com Ltd. (BNGOF)
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OPEN
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PREVIOUS CLOSE
$0.14
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
10/19/09 - $0.25
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52 WEEK LOW
01/9/09 - $0.04
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MARKET CAP
5.8M
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AVERAGE VOLUME 3 mo
2.1K
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DILUTED EPS TTM
$-0.03
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SHARES OUTSTANDING
41.5M
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BNGOF Does Not Pay Dividends
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P/E TTM
NM
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BNGOF Top Compensated Officers
Executives, Board Directors
Key developments for Bingo.com Ltd. (BNGOF)
Bingo.com Ltd. announced preliminary unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. For the quarter, the company's total revenue decreased by 8% to $1,436,296, from revenue of $1,560,087 for third quarter of 2008 and a decrease of 5% from revenue of $1,512,116 in the second quarter of 2009. Decline in revenue compared to the second quarter of 2009 has been affected by the economic downturn in the United Kingdom economy. Net loss was to $390,432 or $0.01 per basic and diluted share, an increase of 45% compared to a net loss of $268,774 or $0.01 per basic and diluted share in the third quarter of the prior year and an increase of 46% compared to a net loss of $266,702 or $0.01 per basic and diluted share for the second quarter of 2009. The increase in net loss is due to the decrease in revenue during the quarter. Loss before other income (expense) and income taxes was $392,560 compared to $244,479 a year ago. Loss before income taxes was $390,431 compared to $268,774 a year ago. For the nine months, the company reported net loss of $901,108 or $0.02 per basic and diluted share on total revenue of $4,273,042, compared to net loss of $766,505 or $0.02 per basic and diluted share on total revenue of $4,320,292, a year ago. Loss before other income (expense) and income taxes was $997,396 compared to $813,746 a year ago. Loss before income taxes was $898,842 compared to $766,505 a year ago. Net cash used in operating activities was $681,063 compared to $549,837 a year ago. Acquisition of equipment was $13,098 compared to $110,640 a year ago.
Bingo.com Ltd. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported loss before income taxes of CAD 264,437 against CAD 235,188 a year ago. Net loss was CAD 266,702 or CAD 0.01 per basic and diluted share on total revenues of CAD 1,512,116 against CAD 235,188 or CAD 0.01 per basic and diluted share on total revenues of CAD 1,415,858 a year ago. Loss before other income (expense) and income taxes of CAD 342,039 against CAD 275,886 a year ago. For the six months, the company reported loss before income taxes of CAD 508,411 against CAD 497,731 a year ago. Net loss was CAD 510,676 or CAD 0.01 per basic and diluted share on total revenues of CAD 2,836,746 against CAD 497,731 or CAD 0.01 per basic and diluted share on total revenues of CAD 2,760,204 a year ago. Loss before other income (expense) and income taxes of CAD 604,836 against CAD 569,268 a year ago. Net cash used in operating activities was CAD 348,809 against CAD 381,029 a year ago. Acquisitions of equipment were amounted to CAD 12,444 against CAD 99,984 a year ago.
Bingo.com Ltd. reported unaudited financial results for the first quarter ended March 31, 2009. For the quarter, the company reported net loss amounted to $243,974, or $0.01 per share, a decrease of 7% compared to a net loss of $262,543 or $0.01 in the first quarter of the prior year. The decrease in net loss for the quarter ended March 31, 2009, compared to the first and fourth quarter of 2008, is due to lower expenses as a result of the weakness of the Pound Sterling and Canadian Dollar in relation to the US Dollar, especially in the fourth quarter of 2008, where large foreign exchange losses were incurred. Total revenue for the quarter ended December 31, 2008, was $1,324,630, a marginal decrease from revenue of $1,344,347 for the same period in the prior year. Of the $1,324,630 revenue for the quarter, the gaming operations provided revenue of $1,284,732, a slight increase from gaming revenue of $1,260,470 in the first quarter of 2008, when measured in US dollars.
BNGOF Competitors
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Industry Analysis
| Valuation | BNGOF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 1.0x |
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| Price/Book | 2.9x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.9x |
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BNGOF transactions
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More Recent News About Bingo.com Ltd.
More news for BNGOF
BINGO.COM LTD. Files SEC form 10-Q, Quarterly Report
ITEM 2. Management's Discussion and Analysis of Financial Condition and Results of Operations The following Management's Discussion and Analysis or Plan of Operation contains forward-looking statements that involve risks and uncertainties, as described below. Bingo.com, Ltd.'s (the "Company", "we", or "us") actual results could differ materially from those anticipated in these forward-looking statements. The following discussion should be read in conjunction with the unaudited interim consolidated financial statements and notes thereto included in Part I - Item 1 of this Quarterly Report, and the audited consolidated financial statements and notes thereto and the Management Discussion and Analysis or plan of Operations included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2008. FORWARD LOOKING STATEMENTS All statements contained in this Quarterly Report on Form 10-Q and the documents incorporated herein by reference, as well as statements made in press releases and oral statements that may be made by us or by officers, directors or employees acting on our behalf, that are not statements of historical fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause our actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. Readers should consider statements that include the terms "believe," "belief," "expect," "plan," "anticipate," "intend" or the like to be uncertain and forward-looking. In addition, all statements, trends, analyses and other information contained in this report relative to trends in net sales, gross margin, anticipated expense levels and liquidity and ...Click here to read the whole Article (external link)
Bingo.com Announces Third Quarter Results
ANGUILLA, BRITISH WEST INDIES--(Marketwire - 11/10/09) - Bingo.com, Ltd. (OTC.BB:BNGOF - News), operator of the popular online gaming community http://www.bingo.com, today announced its preliminary unaudited financial results for the third quarter ended September 30, 2009. All amounts are presented in United States dollars and in accordance with United States Generally Accepted Accounting Principles. "The effects of the economic downturn were evident in our third quarter results," said Tarrnie Williams, the Company's CEO. "Online bingo players have become quite sophisticated and, with an increase in the number of similar product offerings, individual player values have contracted. In anticipation of this fact, we invested significant resources during the third quarter into a differentiated product that will soon be ready for release. The fourth quarter has started well and, when our new offering is live, we expect the business to be well positioned to return to growth and profitability."Bingo.com highlights for the third quarter of 2009 included:- Third quarter gaming revenue of 852,513 Pounds Sterling, an increase of 9% from gaming revenue of 781,948 Pounds Sterling for the third quarter of the prior year and a decrease of 11% from gaming revenue of 957,040 Pounds Sterling in the second quarter of 2009 when measured...Click here to read the whole Article (external link)
BINGO.COM LTD. Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
BINGO.COM LTD. Files SEC form 10-Q, Quarterly Report
ITEM 2. Management's Discussion and Analysis of Financial Condition and Results of Operations The following Management's Discussion and Analysis or Plan of Operation contains forward-looking statements that involve risks and uncertainties, as described below. Bingo.com, Ltd.'s (the "Company", "we", or "us") actual results could differ materially from those anticipated in these forward-looking statements. The following discussion should be read in conjunction with the unaudited interim consolidated financial statements and notes thereto included in Part I - Item 1 of this Quarterly Report, and the audited consolidated financial statements and notes thereto and the Management Discussion and Analysis or plan of Operations included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2008. FORWARD LOOKING STATEMENTS All statements contained in this Quarterly Report on Form 10-Q and the documents incorporated herein by reference, as well as statements made in press releases and oral statements that may be made by us or by officers, directors or employees acting on our behalf, that are not statements of historical fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause our actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. Readers should consider statements that include the terms "believe," "belief," "expect," "plan," "anticipate," "intend" or the like to be uncertain and forward-looking. In addition, all statements, trends, analyses and other information contained in this report relative to trends in net sales, gross margin, anticipated expense levels and liquidity and ...Click here to read the whole Article (external link)
Bingo.com Announces Second Quarter Results
ANGUILLA, BRITISH WEST INDIES--(Marketwire - 08/14/09) - Bingo.com, Ltd. (OTC.BB:BNGOF - News), operator of the popular online gaming community http://www.bingo.com, today announced its unaudited financial results for the second quarter ended June 30, 2009. All amounts are presented in United States dollars and in accordance with United States Generally Accepted Accounting Principles. "The second quarter of 2009 was a challenge for Bingo.com," said Tarrnie Williams, the Company's CEO. "While our traffic and revenues continue to increase, the competition in the United Kingdom online bingo market is intense and has resulted in a reduction of individual player values. Our costs have increased due to our Maltese gaming license, affiliate marketing costs, and our continued investment into search engine optimization. We recognize that to capture a higher percentage of the online bingo market share and reach profitability we need to offer our players a unique gaming experience. As we put cost saving measures in place and continue to focus on improving the Bingo.com system, we believe we will achieve profitability in the coming quarters."Bingo.com highlights for the second quarter of 2009 included:- Second quarter gaming revenue of 957,040 Pounds Sterling, an increase of 41% from gaming revenue of 678,108 Pounds Sterling for...Click here to read the whole Article (external link)
BINGO.COM LTD. Files SEC form 8-K, Regulation FD Disclosure
Show all filings for BINGO.COM LTD. | Request a Trial to NEW EDGAR Online Pro Form 8-K for BINGO.COM LTD. 11-Jun-2009Regulation FD Disclosure Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for tradi...Click here to read the whole Article (external link)
BINGO.COM LTD. Files SEC form 10-Q, Quarterly Report
ITEM 2. Management's Discussion and Analysis of Financial Condition and Results of Operations The following Management's Discussion and Analysis or Plan of Operation contains forward-looking statements that involve risks and uncertainties, as described below. Bingo.com, Ltd.'s (the "Company", "we", or "us") actual results could differ materially from those anticipated in these forward-looking statements. The following discussion should be read in conjunction with the unaudited interim consolidated financial statements and notes thereto included in Part I - Item 1 of this Quarterly Report, and the audited consolidated financial statements and notes thereto and the Management Discussion and Analysis or plan of Operations included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2008. FORWARD LOOKING STATEMENTS All statements contained in this Quarterly Report on Form 10-Q and the documents incorporated herein by reference, as well as statements made in press releases and oral statements that may be made by us or by officers, directors or employees acting on our behalf, that are not statements of historical fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause our actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. Readers should consider statements that include the terms "believe," "belief," "expect," "plan," "anticipate," "intend" or the like to be uncertain and forward-looking. In addition, all statements, trends, analyses and other information contained in this report relative to trends in net sales, gross margin, anticipated expense levels and liquidity and ...Click here to read the whole Article (external link)
Bingo.com Announces First Quarter Results
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BINGO.COM LTD. Files SEC form 8-K, Unregistered Sale of Equity Securities
Show all filings for BINGO.COM LTD. | Request a Trial to NEW EDGAR Online Pro Form 8-K for BINGO.COM LTD. 6-May-2009Unregistered Sale of Equity Securities Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intend...Click here to read the whole Article (external link)
Bingo.com Closes $225,000 Private Placement
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