Tearsheet

Brag House (TBH)

Market Price (3/30/2026): $0.2711 | Market Cap: $2.9 Mil
Sector: Communication Services | Industry: Interactive Home Entertainment

Brag House (TBH)

Market Price (3/30/2026): $0.2711
Market Cap: $2.9 Mil
Sector: Communication Services
Industry: Interactive Home Entertainment

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -316%	Weak multi-year price returns 2Y Excs Rtn is -116%, 3Y Excs Rtn is -156%	Penny stock Mkt Price is 0.3
1	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -82%		Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -4.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8442428%
2	Megatrend and thematic drivers Megatrends include Digital Content & Streaming, and Social Media & Creator Economy. Themes include Collegiate Esports Platforms, and Collegiate Social Gaming Communities.		Expensive valuation multiples P/SPrice/Sales ratio is 60,646x
3			Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -100%
4			Significant share based compensation SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 1832458%
5			Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -8518276%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -8518276%
6			Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -21%
7			High stock price volatility Vol 12M is 178%
8			Key risks TBH key risks include [1] potential Nasdaq delisting due to delayed financial filings and [2] negligible revenue with a multi-year history of declining earnings.

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -316%
1	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -82%
2	Megatrend and thematic drivers Megatrends include Digital Content & Streaming, and Social Media & Creator Economy. Themes include Collegiate Esports Platforms, and Collegiate Social Gaming Communities.
3	Weak multi-year price returns 2Y Excs Rtn is -116%, 3Y Excs Rtn is -156%
4	Penny stock Mkt Price is 0.3
5	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -4.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8442428%
6	Expensive valuation multiples P/SPrice/Sales ratio is 60,646x
7	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -100%
8	Significant share based compensation SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 1832458%
9	Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -8518276%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -8518276%
10	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -21%
11	High stock price volatility Vol 12M is 178%
12	Key risks TBH key risks include [1] potential Nasdaq delisting due to delayed financial filings and [2] negligible revenue with a multi-year history of declining earnings.

Valuation, Metrics & Events

	3/30/26	2025	2024	2023	2022	2021
Share Price CYE	$0.27	$0.40	$4.60	$4.60	$4.60	$4.60
Market Cap CYE ($ Mil)	2.9	4.3	48.3	48.3	-	-
Total Debt ($ Mil)	0.0	0.0	4.5	0.0	0.0	0.0
Total Cash ($ Mil)	9.6	9.6	0.0	0.0	0.0	0.0
Enterprise Value ($ Mil)	-6.7	4.3	52.8	48.3
Valuation Ratios
P/S TTM	59,786.0	86,637.3	131.9	-	-	-
P/EBIT TTM	26.4	38.3	-39.2	-	-	-
P/E TTM	-5.8	-8.3	-11.9	-	-	-
P/FCF TTM	-0.7	-1.0	-94.1	-	-	-
Sector Ratios
P/S TTM (Sector)	1.0	1.2	1.2	1.2	1.2	2.0
P/EBIT TTM (Sector)	2.1	2.3	0.7	1.2	1.9	4.5
P/E TTM (Sector)	-0.4	-0.6	-0.6	-0.4	-0.1	6.5
P/FCF TTM (Sector)	6.5	7.1	8.1	6.2	3.5	6.7

	3/30/26	2025	2024
Share Price CYE	$0.27	$0.40	$4.60
Market Cap CYE ($ Mil)	2.9	4.3	48.3
Total Debt ($ Mil)	0.0	0.0	4.5
Total Cash ($ Mil)	9.6	9.6	0.0
Enterprise Value ($ Mil)	-6.7	4.3	52.8
Valuation Ratios
P/S TTM	59,786.0	86,637.3	131.9
P/EBIT TTM	26.4	38.3	-39.2
P/E TTM	-5.8	-8.3	-11.9
P/FCF TTM	-0.7	-1.0	-94.1
Sector Ratios
P/S TTM (Sector)	1.0	1.2	1.2
P/EBIT TTM (Sector)	2.1	2.3	0.7
P/E TTM (Sector)	-0.4	-0.6	-0.6
P/FCF TTM (Sector)	6.5	7.1	8.1

	TBH	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	0.0
Rev Chg Q	�	7.3%
Rev Chg LTM	-100.0%	6.7%
Rev Chg 3Y Avg	-100.0%	5.7%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	-0.0
CFO LTM ($ Bil)	-0.0
Net Inc LTM ($ Bil)	-0.0
Op Mgn LTM	-8,442,428.0%	18.6%
CFO/Rev LTM	-8,518,276.0%	20.7%
Net Inc Mgn	-1,039,182.0%	12.8%
VALUATION	VERY HIGH
P/S	59,786.0	3.1
P/CFO	-0.7	14.8
P/FCF	-0.7	19.4
P/E	-5.8	23.7
STABILITY	VERY GOOD
Debt/Equity	0.00	0.22
Cash/Assets	0.53	0.07

AI Analysis | Feedback

Metric	Value	Date	Source
Average live stream view time	19 minutes	3312025	Link
Social media engagement rate	7.76%	3312025	Link

Upcoming
5/06/2026	Earnings Release	Rev: - EPS: -

Price Chart

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Brag House (TBH) stock has lost about 70% since 11/30/2025 because of the following key factors:

1. Nasdaq Minimum Bid Price Non-Compliance and Delisting Risk.

Brag House received a notice from Nasdaq on January 9, 2026, for non-compliance with the minimum bid price requirement, as its common stock closed below $1.00 for 30 consecutive business days. The company has a 180-day period until July 6, 2026, to regain compliance, with failure to do so potentially leading to delisting from the Nasdaq Capital Market.

2. Significant Share Dilution from House of Doge Merger.

The proposed merger with House of Doge, valued at approximately $1.09 billion, involves Brag House issuing around 663 million common shares. This transaction is expected to result in House of Doge equity security holders owning about 92.8% of the outstanding common shares post-merger, substantially diluting the ownership stake of existing Brag House shareholders.

Show more

Stock Movement Drivers

Fundamental Drivers

The -70.9% change in TBH stock from 11/30/2025 to 3/29/2026 was primarily driven by a -70.9% change in the company's P/S Multiple.

(LTM values as of)	11302025	3292026	Change
Stock Price ($)	0.94	0.28	-70.9%
Change Contribution By:
Total Revenues ($ Mil)	0	0	0.0%
P/S Multiple	204,550.7	59,563.2	-70.9%
Shares Outstanding (Mil)	11	11	0.0%
Cumulative Contribution			-70.9%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/29/2026

	Return	Correlation
TBH	-70.9%
Market (SPY)	-5.3%	33.9%
Sector (XLC)	-6.9%	18.3%

Fundamental Drivers

The -81.4% change in TBH stock from 8/31/2025 to 3/29/2026 was primarily driven by a -81.3% change in the company's P/S Multiple.

(LTM values as of)	8312025	3292026	Change
Stock Price ($)	1.48	0.28	-81.4%
Change Contribution By:
Total Revenues ($ Mil)	0	0	0.0%
P/S Multiple	318,987.2	59,563.2	-81.3%
Shares Outstanding (Mil)	11	11	-0.5%
Cumulative Contribution			-81.4%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/29/2026

	Return	Correlation
TBH	-81.4%
Market (SPY)	0.6%	8.4%
Sector (XLC)	-3.3%	5.7%

Fundamental Drivers

The -94.0% change in TBH stock from 2/28/2025 to 3/29/2026 was primarily driven by a -5.4% change in the company's Shares Outstanding (Mil).

(LTM values as of)	2282025	3292026	Change
Stock Price ($)	4.60	0.28	-94.0%
Change Contribution By:
Total Revenues ($ Mil)	�	0	0.0%
P/S Multiple	�	59,563.2	0.0%
Shares Outstanding (Mil)	10	11	-5.4%
Cumulative Contribution			0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/29/2026

	Return	Correlation
TBH	-94.0%
Market (SPY)	9.8%	10.4%
Sector (XLC)	6.2%	10.2%

Fundamental Drivers

null
null

Market Drivers

2/28/2023 to 3/29/2026

	Return	Correlation
TBH	-94.0%
Market (SPY)	69.4%	10.4%
Sector (XLC)	106.7%	10.2%

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
TBH Return	0%	0%	0%	0%	-91%	-29%	-94%
Peers Return	144%	-73%	44%	36%	1%	-38%	-18%
S&P 500 Return	27%	-19%	24%	23%	16%	-5%	72%
Monthly Win Rates [3]
TBH Win Rate	0%	0%	0%	0%	50%	67%
Peers Win Rate	33%	25%	50%	47%	55%	7%
S&P 500 Win Rate	75%	42%	67%	75%	67%	33%
Max Drawdowns [4]
TBH Max Drawdown	0%	0%	0%	0%	-91%	-43%
Peers Max Drawdown	-29%	-79%	-35%	-33%	-33%	-38%
S&P 500 Max Drawdown	-1%	-25%	-1%	-2%	-15%	-5%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: GAME, SKLZ, RDDT, RBLX, DKNG.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)

How Low Can It Go

null

In The Past

null

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Brag House (TBH)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

Brag House offers an integrated electronic video game sports, or esports, platform designed for casual gamers and their friends to experience the fun, passion, intensity and excitement of college sports rivalries in an organic, inclusive and personalized gaming environment, while creating authentic pathway for brands to connect with our Generation Z (“Gen Z”) audience. The vision for Brag House began with our founders — co-founder and Chief Executive Officer Lavell Juan Malloy, II and co-founder, Chief Operating Officer and Interim Chief Financial Officer Daniel Leibovich — who recognized a need in the gaming industry for an esports platform focused on the casual college gamer. Driven by this vision, our mission is to facilitate, support and enhance the organic — and sometimes spontaneous — creation of digital communities of casual games while delivering value to our shareholders through our diversified revenue model. • Our Vertically Integrated Social Network. Driven by our founders’ vision, we have developed and intend to implement an integrated social network that facilitates the development of digital communities of casual gamers that are supported and enhanced through interactive streaming capabilities, instant messaging, openly available community spaces, leaderboards and our Brags — unique risk-free non-monetary, non-transferrable “bets” that users can place on gaming outcomes. Our vertically integrated approach combines gamer recruitment, facilitation of community engagement and content creation, live-stream production and tournament host activities. By facilitating the creation and publication of all content on our platform, we believe we will be able to offer a one-stop interface and control all aspects of the user experience, from community building, to gamified engagement, to hosting and producing tournaments. Through our company platform, or our Brag House Platform, we aim to attract college-aged gamers by using differentiated engagement functionalities to meet them where and how they play. • Our Diversified Revenue Channels. Our diversified revenue model focuses on advertising and branding partnerships (B2B) as well as our members and users (B2C). To date, all of our current revenue has been generated B2B from Tournaments and Tertiary Fees. Our other intended revenue sources we discuss in this prospectus have not generated meaningful revenue as of yet. • B2B: Tournaments and Tertiary Fees We are able to leverage our esports tournaments to enhance and monetize our B2B partnerships. We perform all publicity and marketing for the tournament and host its production, including the streaming and live broadcast of the tournament. Through December 31, 2024, we have held 27 tournaments, and seven of those tournaments were sponsored by corporate entities including Fortune 500 companies that have generated approximately $667,000 in revenue for us. We anticipate that for 2025, tournaments and sponsorships with major sports enterprises and corporate entities will constitute approximately 99% of our revenue, while subscriptions, merchandise and other forms of revenue to be approximately 1%. Data Insights As we continue to build our technology platform, we plan to implement our data insights model in Q2 2025 that will collect anonymized and aggregated data based on the habits, values, and social media use of our primary userbase, currently the Gen Z audience, and use such information to empower brand advertisers to craft highly effective, hyper-personalized marketing strategies. Our goal is to make Brag House uniquely positioned to offer brands the option to pay for accessing unparalleled insights into Gen Z’s needs and desires. Specifically, we aim to build and leverage comprehensive data, including, but not limited to lifestyle and behavior insights, and predictive analytics, without sharing Personal Identifiable Information (“PII”). This will empower brands to craft highly effective, hyper-personalized marketing strategies that resonate with Gen Z’s needs and desires. Advertising and Marketing Fees At Brag House, we aim to connect advertisers with college-aged gamers, consumers and esports fans. This involves soliciting advertisers to promote their products through digital channels (such as on our social media accounts and in our Brag House Platform), and also through physical channels (such as by advertising with billboards or signs at our live events). In growing the network of Brag House Platform users, we will continue to make ourselves and our events an appealing destination for advertisers to promote their products. Collegiate Leads Program We will continue to develop our network through our Collegiate Leads Program, or our CL Program — where our on-the-ground student ambassadors (i.e. “Collegiate Leads”) help us refine our product offering and expand our footprint on campuses around the country. Through our CL Program, our Collegiate Leads will represent Brag House, organize local tournaments and promote brand awareness. We plan to have over 50 Collegiate Leads across 50 campuses. In addition to promoting Brag House at their own schools, we plan to have these Collegiate Leads reach out to other universities and establish a gaming presence in over 150 colleges and universities in the United States by the end of 2025. • B2C: We intend to offer a subscription model in which our users can select from different membership tiers, giving them access to additional features, prizes and Brag Bucks — our non-monetized and non-transferrable virtual coin that can be used only within our platform’s ecosystem. As of December 31, 2024, we had not commenced offering paid subscriptions (memberships). We anticipate offering paid subscriptions in 2025. Our mission is to foster connectivity and to facilitate an organic and inclusive community in which casual gamers, streamers, fans and friends can compete, enjoy friendly bragging and bantering in a safe environment, support their players and teams and win prizes. To that end, we create exciting and personalized experiences for our users. Our vertically integrated Brag House Platform incorporates features for social media interaction, live streaming and gamification through both web and mobile offerings to provide gamers, streamers and their friends the opportunity to celebrate their love of gaming and competition. We leverage existing college sports rivalries by hosting tournaments and live-streams with a top-tier production experience, which includes game commentary, in-game interviews, play-by-play analysis, post-game analysis, live broadcast digital visuals and tournament brackets. In addition, we encourage our users to engage with these tournaments and live-streams by offering them the ability to partake and enter in-game stat-based predictions on the outcomes of these events. This is known as our “Bragging Functionality.” Our Bragging Functionality includes our in-platform non-monetary, non-transferrable currency, or Brag Bucks, that are utilized by our users to enter into those predictions, as well as digital tokens that are awarded to users for engaging with the Brag House Platform. These digital tokens, or Loyalty Tokens, can be redeemed for prizes. Whether through gameplay highlights, live-streamed esports competitions or custom-designed digital gameplay environments, the Brag House audience is regularly watching and engaging. Our principal executive offices are located at 45 Park Street, Montclair, NJ.

AI Analysis | Feedback

Here are a few analogies to describe Brag House:

Brag House is like Twitch for college esports rivalries and community.
Brag House is like DraftKings or FanDuel for college esports, but with risk-free, non-monetary predictions.
Brag House is like an ESPN for college esports, featuring live tournament production and integrated social interaction.

AI Analysis | Feedback

Esports Social Platform: An integrated online platform for casual college gamers to compete, stream, interact, and engage with college sports rivalries through gaming.
Esports Tournament Hosting & Production: Services for organizing, publicizing, and producing competitive esports tournaments, often sponsored by corporate entities.
Advertising & Brand Sponsorships: Facilitating brand connections with the Gen Z college gamer audience through digital advertisements and event sponsorships.
Gen Z Data Insights (Planned): Providing aggregated and anonymized user data insights to brands for developing highly personalized marketing strategies.
Premium User Subscriptions (Planned): Tiered membership options for users to access enhanced platform features, exclusive prizes, and in-platform currency.

AI Analysis | Feedback

Brag House (TBH) primarily sells to other companies (B2B). Its major customers are corporate entities, including Fortune 500 companies, and major sports enterprises that sponsor its esports tournaments, advertising, and data insights services.

As of December 31, 2024, Brag House has held 27 tournaments, with seven sponsored by corporate entities, including Fortune 500 companies. For 2025, tournaments and sponsorships with major sports enterprises and corporate entities are anticipated to constitute approximately 99% of the company's revenue. While the description states that these include "Fortune 500 companies" and "major sports enterprises," specific names of these customer companies and their symbols are not disclosed in the provided text.

AI Analysis | Feedback

null

AI Analysis | Feedback

Lavell Juan Malloy, II, Chief Executive Officer and Chairman

Mr. Malloy co-founded Brag House on February 23, 2018. He has been described as a "serial founder" and achieved two startup exits prior to Brag House. Before founding Brag House, he served as the CEO of WollerMalloy Management Group, a financial platform for NFL rookie athletes, from February 2014 to June 2017. Earlier in his career, from 2003 to 2012, Mr. Malloy worked as a securities lawyer at Weil, Gotshal & Manges LLP, where he represented and counseled major corporations. He holds a full stack developer certificate from Columbia School of Engineering, a B.S. from John Jay College of Criminal Justice, and a Juris Doctor from Rutgers University School of Law.

Daniel Leibovich, Chief Operating Officer and Director

Mr. Leibovich is a co-founder of Brag House and has held the role of Chief Operating Officer since December 2019. He has also served as a director on the company's board since January 2022. His background includes co-founding and holding senior operational roles in several startups in the United States, such as Colu Technologies, Darktrace, Cayenne Realty Group (as a Co-Founder and Team Leader), and Caliber Associates. Prior to his entrepreneurial endeavors, Mr. Leibovich served as a lieutenant in the IDF (Israeli Defense Forces) from January 2007 to January 2011, where he worked on high-profile projects, including the Iron Dome. He earned a B.A. in Financial Economics from Columbia University.

Rene Rodriguez, Acting Chief Financial Officer

Mr. Rodriguez was appointed as the Acting Chief Financial Officer on February 5, 2026. He previously served as the Company's Controller starting March 1, 2025. From June 1, 2022, until February 28, 2025, he provided finance and accounting services to Brag House as an independent contractor. Additionally, from May 2021 through February 2025, Mr. Rodriguez was the Founder and President of Isthmus Accounting Professionals, a public accounting firm based in Miami, Florida.

AI Analysis | Feedback

Here are the key risks for Brag House (TBH):

Over-reliance on B2B Tournament Revenue and Unproven Diversification: Brag House is almost entirely dependent on B2B revenue generated from esports tournaments and sponsorships. The company anticipates that tournaments and sponsorships will constitute approximately 99% of its revenue for 2025, while its other intended revenue sources, such as B2C subscriptions, merchandise, advertising, and data insights, have not yet generated meaningful revenue. This significant concentration of revenue in a single area makes the company highly vulnerable to any decrease in tournament sponsorships or its inability to secure new corporate partners.
Significant Execution Risk for Planned Revenue Streams and Platform Development: The company's future growth and ability to diversify its revenue streams are heavily contingent on the successful implementation and monetization of its planned B2C subscription model (anticipated to launch in 2025) and its data insights model (planned for Q2 2025). Furthermore, the company is still in the process of building out its technology platform and expanding its "Collegiate Leads Program" to attract and engage college-aged gamers. Failure to effectively develop these new offerings, attract a substantial user base, convert users to paid subscriptions, or secure brands for advertising and data insights could materially impact its financial performance and strategic objectives.

AI Analysis | Feedback

The clear emerging threat for Brag House is the potential for dominant existing streaming or social gaming platforms (such as Twitch, YouTube Gaming, or Discord) to develop or integrate features specifically targeting casual college esports. These established players possess vast user bases, superior resources, and existing infrastructure, which they could leverage to replicate Brag House's unique value propositions—like community building, interactive streaming, non-monetary gamification (e.g., "Brags" and "Loyalty Tokens"), and tournament hosting—thereby undercutting Brag House's market entry and growth in the casual college gamer segment.

AI Analysis | Feedback

Brag House (TBH) operates within several addressable markets in the United States, primarily focusing on casual college gamers and the Generation Z (Gen Z) demographic.

Esports Platform and Tournaments

The U.S. esports market, which encompasses Brag House's platform, tournaments, and live-stream production, was valued at approximately $1.01 billion, driven by a growing player base, increasing sponsorship deals, and the widespread acceptance of esports as entertainment. Another report indicates the U.S. esports market size was $618.63 million in 2024 and is projected to reach approximately $2,899.46 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 21.3% from 2025 to 2032. Furthermore, the U.S. esports market reached $489 million in 2024 and is expected to grow to $1.125 billion by 2033. Specifically for collegiate esports, there are over 280 colleges operating varsity esports programs through NACE as of 2026, with over 16,000 student athletes competing across North American collegiate programs.

B2B: Advertising, Branding Partnerships, and Data Insights

Brag House's B2B revenue streams, including advertising and branding partnerships, data insights, and marketing fees targeting the Gen Z audience, are part of a significant market. Gen Z, encompassing individuals born between 1997 and 2012, has an estimated spending power exceeding $140 billion per year in the U.S., and influences an additional $600 billion in family spending globally as of 2023. Approximately 87% of Generation Z individuals in the U.S. play video games at least once a week, making them a key demographic for advertisers. Sponsorships within the U.S. esports market alone are projected to surpass $1 billion in 2024, fueled by brands aiming to engage this younger demographic. The U.S. digital audio ad spend is forecast to approach $8 billion by 2025, and U.S. mobile game ad revenues were expected to increase to $4.79 billion in 2021.

B2C: Subscription Model

The company's planned subscription model targets the U.S. subscription-based gaming market. This market generated $1,582.6 million in revenue in 2024 and is expected to reach $2,895.0 million by 2030, with a CAGR of 10.8% from 2025 to 2030. Another estimate places the U.S. online gaming subscription services market at $1.18 billion in 2024, projected to grow to approximately $5.39 billion by 2034, at a CAGR of 16.4% from 2025 to 2034. North America held a 72.35% revenue share of the subscription-based gaming market in 2025.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Brag House (TBH) over the next 2-3 years:

Growth in B2B Tournament and Sponsorship Revenue: Brag House anticipates that tournaments and sponsorships with major sports enterprises and corporate entities will constitute approximately 99% of its revenue in 2025, indicating a strong continued focus and expected growth in this area. The company leverages its esports tournaments to enhance and monetize B2B partnerships.
Monetization through Data Insights: Brag House plans to implement a data insights model in Q2 2025. This model will collect anonymized and aggregated data on the habits, values, and social media use of its Gen Z audience, offering brands unparalleled insights for hyper-personalized marketing strategies. Brands will pay for access to this data, creating a new B2B revenue channel.
Expansion of Advertising and Marketing Partnerships: As Brag House expands its platform and user base, it aims to connect advertisers with college-aged gamers, consumers, and esports fans. This involves soliciting advertisers to promote products through digital channels (social media, Brag House Platform) and physical channels (live events), increasing advertising and marketing fee revenue.
Introduction of B2C Subscription Model: Brag House anticipates offering paid subscriptions (memberships) in 2025. This will allow users to select from different tiers, gaining access to additional features, prizes, and "Brag Bucks," establishing a direct-to-consumer revenue stream.

AI Analysis | Feedback

Capital Allocation Decisions

Share Issuance

  Brag House became a publicly-listed company on Nasdaq under the symbol TBH following its Initial Public Offering (IPO) in March 2025.
  In July 2025, Brag House closed a private investment in public equity (PIPE) financing, generating approximately $15 million in gross proceeds from the sale of Series B Convertible Preferred Stock and warrants.
  A proposed merger with House of Doge, valued at approximately $1.09 billion, involves Brag House issuing around 663 million common shares, which is expected to significantly dilute the ownership stake of existing Brag House shareholders.


Inbound Investments

  Brag House received approximately $15 million in gross proceeds from a private investment in public equity (PIPE) financing in July 2025 from accredited investors.
  The company is undergoing a proposed merger with House of Doge, valued at approximately $1.09 billion, under which House of Doge will merge into a Brag House subsidiary and become the majority shareholder.


Capital Expenditures

  Specific dollar values for capital expenditures over the last 3-5 years are not available in the provided information.
  One analysis noted "investment activities of 0," suggesting minimal investment in innovation relative to other capital deployment.

Interactive Breakdown

null

null

Better Bets vs. Brag House (TBH)

null

Latest Trefis Analyses

	Title	Date
0	DASHBOARDS
1	Brag House Stock Drop Looks Sharp, But How Deep Can It Go?	10/17/2025

	Title
0	ARTICLES

Trade Ideas

Select ideas related to TBH.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
YELP_2132026_Dip_Buyer_High_CFO_Margins_ExInd_DE	02132026	YELP	Yelp	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	6.2%	6.2%	-5.7%
TRIP_2132026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	02132026	TRIP	Tripadvisor	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	5.2%	5.2%	0.0%
OMC_2062026_Dip_Buyer_FCFYield	02062026	OMC	Omnicom	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	22.1%	22.1%	-3.7%
MGNI_2062026_Dip_Buyer_High_CFO_Margins_ExInd_DE	02062026	MGNI	Magnite	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	20.6%	20.6%	-0.8%
RBLX_1302026_Dip_Buyer_High_CFO_Margins_ExInd_DE	01302026	RBLX	Roblox	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	4.4%	4.4%	-7.9%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AGX	Argan	7.8	37.9%	81.1%
TBN	Tamboran Resources	0.9	25.6%	59.4%
U	Unity Software	8.3	13.5%	-56.0%
ADMA	ADMA Biologics	2.2	11.6%	-49.3%
METC	Ramaco Resources	1.0	11.4%	-13.6%
MEOH	Methanex	5.0	9.7%	64.8%
PTON	Peloton Interactive	1.9	8.8%	-28.1%
OXM	Oxford Industries	0.5	8.7%	3.0%
REX	REX American Resources	1.6	8.3%	47.7%
SGML	Sigma Lithium	1.2	7.8%	-20.7%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
BUR	Burford Capital	0.9	-47.1%	-53.6%
RCKT	Rocket Pharmaceuticals	0.4	-19.6%	7.4%
ZBIO	Zenas BioPharma	0.8	-17.8%	-49.8%
BKSY	BlackSky Technology	0.8	-17.2%	24.2%
PSNL	Personalis	0.6	-13.4%	-20.4%
SLS	SELLAS Life Sciences	0.5	-11.8%	15.8%
ANAB	AnaptysBio	1.6	-11.7%	18.4%
FLY	Firefly Aerospace	2.2	-11.6%	6.0%
INBX	Inhibrx Biosciences	0.9	-11.2%	-26.1%
YOU	Clear Secure	4.6	-11.2%	36.3%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
BCPC	Balchem	5.4	610.4%	8.9%
KOD	Kodiak Sciences	2.0	66.3%	32.3%
OLPX	Olaplex	1.3	51.9%	50.7%
CAR	Avis Budget	5.2	48.6%	15.7%
TBN	Tamboran Resources	0.9	36.0%	59.4%
ELVN	Enliven Therapeutics	2.4	33.8%	152.1%
TROX	Tronox	1.4	30.1%	120.3%
BORR	Borr Drilling	1.8	28.7%	50.1%
BRZE	Braze	2.5	25.5%	-32.9%
INDI	Indie Semiconductor	0.6	24.6%	-9.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
PIPR	Piper Sandler Cos	1.2	-75.2%	-12.4%
BUR	Burford Capital	0.9	-46.2%	-53.6%
WVE	WAVE Life Sciences	1.1	-45.9%	-62.6%
TASK	TaskUs	0.6	-37.8%	-15.9%
MAZE	Maze Therapeutics	1.4	-36.7%	-26.7%
ADMA	ADMA Biologics	2.2	-35.4%	-49.3%
CRCL	Circle Internet	21.5	-25.7%	18.1%
PLAY	Dave & Buster's Entertainment	0.3	-23.5%	-39.5%
EL	Estee Lauder Companies	24.3	-21.8%	-35.6%
NTSK	Netskope	1.9	-18.9%	-55.9%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
SOC	Sable Offshore	1.8	133.2%	104.5%
DAWN	Day One Biopharmaceuticals	2.2	101.0%	129.7%
VG	Venture Global	42.7	85.4%	157.4%
AAOI	Applied Optoelectronics	6.2	82.9%	181.7%
TNGX	Tango Therapeutics	2.1	68.9%	117.4%
AXTI	AXT	2.7	63.3%	270.8%
BW	Babcock & Wilcox Enterprises	1.5	61.7%	134.4%
PARR	Par Pacific	3.3	61.6%	86.9%
LWLG	Lightwave Logic	0.9	61.5%	123.3%
SM	SM Energy	3.8	56.2%	76.5%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
WVE	WAVE Life Sciences	1.1	-58.6%	-62.6%
BUR	Burford Capital	0.9	-51.4%	-53.6%
OLMA	Olema Pharmaceuticals	1.2	-44.0%	-45.3%
WING	Wingstop	4.3	-43.1%	-35.2%
FRMI	Fermi	3.7	-43.0%	-22.8%
PAR	PAR Technology	0.5	-43.0%	-64.7%
SES	SES AI	0.3	-42.6%	-45.1%
USAS	Americas Gold And Silver	1.5	-41.9%	7.6%
ITRG	Integra Resources	0.4	-41.0%	-36.2%
VITL	Vital Farms	0.6	-40.6%	-58.9%

Peer Comparisons

Peers to compare with:

Financials

	TBH	GAME	SKLZ	RDDT	RBLX	DKNG	Median
Name	Brag Hou.	GameSqua.	Skillz	Reddit	Roblox	DraftKin.
Mkt Price	0.28	0.25	2.39	121.84	52.31	20.72	11.55
Mkt Cap	0.0	0.0	0.0	23.1	36.8	10.3	5.2
Rev LTM	0	125	92	2,203	4,891	6,055	1,164
Op Inc LTM	-4	-33	-79	442	-1,232	-16	-24
FCF LTM	-4	-80	-82	684	1,353	508	252
FCF 3Y Avg	-	-42	-56	272	706	230	230
CFO LTM	-4	-22	-76	691	1,796	663	329
CFO 3Y Avg	-	-23	-49	279	1,026	360	279

Growth & Margins

	TBH	GAME	SKLZ	RDDT	RBLX	DKNG	Median
Name	Brag Hou.	GameSqua.	Skillz	Reddit	Roblox	DraftKin.
Rev Chg LTM	-100.0%	105.8%	-13.1%	69.4%	35.8%	27.0%	31.4%
Rev Chg 3Y Avg	-	55.8%	-32.9%	50.6%	30.1%	40.2%	40.2%
Rev Chg Q	-	21.6%	11.4%	69.7%	43.2%	42.8%	42.8%
QoQ Delta Rev Chg LTM	0.0%	1.6%	3.1%	15.6%	9.6%	10.9%	6.4%
Op Mgn LTM	-8,442,428.0%	-26.5%	-86.1%	20.1%	-25.2%	-0.3%	-25.8%
Op Mgn 3Y Avg	-	-36.5%	-78.8%	-13.5%	-33.2%	-11.5%	-33.2%
QoQ Delta Op Mgn LTM	-2,162,086.0%	-0.5%	8.0%	6.3%	-0.2%	5.4%	2.6%
CFO/Rev LTM	-8,518,276.0%	-18.0%	-82.1%	31.4%	36.7%	10.9%	-3.5%
CFO/Rev 3Y Avg	-	-36.9%	-41.7%	13.0%	25.3%	6.6%	6.6%
FCF/Rev LTM	-8,518,276.0%	-64.2%	-88.5%	31.1%	27.7%	8.4%	-27.9%
FCF/Rev 3Y Avg	-	-52.3%	-47.0%	12.4%	16.6%	3.8%	3.8%

Valuation

	TBH	GAME	SKLZ	RDDT	RBLX	DKNG	Median
Name	Brag Hou.	GameSqua.	Skillz	Reddit	Roblox	DraftKin.
Mkt Cap	0.0	0.0	0.0	23.1	36.8	10.3	5.2
P/S	60,646.1	0.2	0.4	10.5	7.5	1.7	4.6
P/EBIT	26.8	-0.4	-0.5	52.4	-35.8	379.2	13.2
P/E	-5.8	-0.6	-0.5	43.7	-34.6	2,770.0	-0.5
P/CFO	-0.7	-1.0	-0.5	33.5	20.5	15.5	7.5
Total Yield	-17.1%	-160.9%	-211.8%	2.3%	-2.9%	0.0%	-10.0%
Dividend Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
FCF Yield 3Y Avg	-	-140.7%	-63.3%	-	1.5%	1.3%	-31.0%
D/E	0.0	0.1	3.5	0.0	0.0	0.2	0.1
Net D/E	-3.2	-0.2	-2.3	-0.1	-0.0	0.1	-0.2

Returns

	TBH	GAME	SKLZ	RDDT	RBLX	DKNG	Median
Name	Brag Hou.	GameSqua.	Skillz	Reddit	Roblox	DraftKin.
1M Rtn	-1.8%	-24.6%	-28.9%	-16.4%	-23.8%	-13.1%	-20.1%
3M Rtn	-51.8%	-44.9%	-48.8%	-46.0%	-36.4%	-40.6%	-45.5%
6M Rtn	-81.8%	-63.7%	-68.9%	-49.3%	-61.3%	-51.0%	-62.5%
12M Rtn	-95.8%	-60.4%	-46.9%	13.1%	-11.4%	-41.3%	-44.1%
3Y Rtn	-94.0%	-95.6%	-77.7%	141.6%	21.3%	9.6%	-34.0%
1M Excs Rtn	15.1%	-21.5%	-23.3%	-11.6%	-18.9%	-4.0%	-15.3%
3M Excs Rtn	-45.8%	-37.3%	-41.5%	-37.9%	-28.0%	-31.7%	-37.6%
6M Excs Rtn	-77.8%	-60.3%	-63.7%	-44.1%	-56.8%	-48.2%	-58.5%
12M Excs Rtn	-107.0%	-75.9%	-62.5%	-10.1%	-24.8%	-56.5%	-59.5%
3Y Excs Rtn	-155.8%	-157.2%	-138.2%	79.8%	-39.7%	-44.1%	-91.2%

FDIC Bank Data

Bank Capital

null

Bank Deposits

null

Bank Assets

null

Bank Loans

null

FDA Approved Drugs Data

Expand for Morenull

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	11/17/2025	5/7/2025	3/7/2025	1/29/2024	1/29/2024	2/14/2022	2/14/2022
Key Financials
Total Revenue	0	0	0	0	0	0	0
EBITDA	0	-1	-2	-3	-2	-1	-0
Operating Income	-4	-1	-2	-3	-2	-1	-0
Net Income	-1	-3	-5	-4	-2	-1	-0
EPS	-0.10	-0.31	-0.44	-0.34	-0.20	-0.05	-0.04
Growth Rates
Total Revenue Growth	-100.0%	-100.0%	46.4%	372.7%	10932.7%	∞%	-
EBITDA Growth	109.2%	41.7%	39.2%	-46.7%	-278.6%	-22.8%	-
Operating Income Growth	-176.8%	24.7%	36.8%	-46.8%	-278.6%	-22.8%	-
Net Income Growth	87.2%	29.6%	-32.4%	-65.3%	-278.6%	-22.8%	-
Margins
EBITDA Margin	226054.0%	-1056568.6%	-519.4%	-1251.3%	-4031.4%	-117490.0%	-
Operating Income Margin	-8442428.0%	-1420637.1%	-541.0%	-1252.4%	-4031.9%	-117490.0%	-
Net Income Margin	-1039182.0%	-3131922.9%	-1275.1%	-1409.7%	-4031.4%	-117490.0%	-
Cash & Debt
Total Cash	10	0	0	1	0	0	0
Total Debt	0	6	5	2	0	0	0
Net Debt / (Cash)	-10	6	4	1	-0	-0	0
Cash Flows
Net Cash from Operations	-4	-1	-1	-2	-1	-0	0
Free Cash from Operations	-4	-1	-1	-2	-1	-0	0
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023
Filing Date	11/17/2025	8/15/2025	7/18/2025	5/7/2025	3/7/2025	12/3/2024	6/18/2024	3/7/2025	3/7/2025	12/3/2024	6/18/2024
Key Financials Quarterly
Total Revenue	0	0	0	0	0	0	0	0	0	0	0
Ebitda	3	-2	-1	-0	-0	-0	-0	-0	-0	-1	-1
Operating Income	-2	-2	-1	-0	-1	-0	-0	-0	-0	-1	-1
Net Income	3	-2	-1	-0	-1	-1	-1	-1	-1	-1	-1
EPS	0.23	-0.16	-0.14	-0.03	-0.10	-0.09	-0.10	-0.10	-0.14	-0.13	-0.16
Key Financials TTM
Total Revenue TTM	0	0	0	0	0	0	0	0	-	-	-
Ebitda TTM	0	-3	-1	-1	-1	-1	-2	-2	-	-	-
Operating Income TTM	-4	-3	-2	-1	-2	-1	-2	-2	-	-	-
Net Income TTM	-1	-4	-3	-3	-4	-4	-5	-5	-	-	-
Growth Rates Quarterly
Total Revenue Growth	-	-	-100.0%	-100.0%	-100.0%	-	1.9%	-	-	-	-
EBITDA Growth	930.8%	-317.8%	-171.1%	67.3%	31.7%	35.9%	56.5%	-	-	-	-
Operating Income Growth	-196.8%	-334.4%	-151.5%	30.9%	-22.6%	36.0%	58.6%	-	-	-	-
Net Income Growth	351.5%	-78.2%	-3.2%	72.5%	30.9%	25.7%	-18.0%	-	-	-	-
Margins Quarterly
EBITDA Margin	-	-	-	-186856.0%	-	-	-421832.7%	-78.0%	-878339.2%	-	-987633.3%
Operating Income Margin	-	-	-	-462394.0%	-	-	-422587.3%	-91.4%	-879015.7%	-	-1038774.1%
Net Income Margin	-	-	-	-574674.0%	-	-	-1880292.7%	-285.6%	-2864880.4%	-	-1623392.6%
Cash & Debt
Total Cash	10	2	3	0	0	0	0	0	-	-	-
Total Debt	0	0	0	6	5	6	5	5	0	0	0
Net Debt / (Cash)	-10	-2	-3	6	4	6	5	4	-	-	-
Cash Flows Quarterly
FCF from Operations	-1	-1	-2	-0	-0	-0	0	0	-0	-0	-0
Cash Flows TTM
FCF from Operations TTM	-4	-4	-2	-1	-1	-0	-0	-1	-	-	-
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-29.8%	-42.3%	-16.7%	-7.6%	-22.5%	-14.2%	-8.9%	-13.7%	-	-	-
Return on Invested Capital (ROIC) TTM
ROIC TTM	-19.3%	-18.7%	-12.7%	-11.6%	-15.6%	-12.3%	-15.8%	-20.3%	-	-	-

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021
Gaming Segment	0
Live-streaming Services		0	0	0
Tournament Revenues		0	0
Total	0	0	0	0

Net Income by Segment

$ Mil	2024	2023	2022	2021
Gaming Segment	-5
Total	-5

Price Behavior

Price Behavior

Market Price	$0.28
Market Cap ($ Bil)	0.0
First Trading Date	03/06/2025
Distance from 52W High	-95.8%
	50 Days	200 Days
DMA Price	$3.63	$4.79
DMA Trend	down	down
Distance from DMA	-92.4%	-94.3%
	3M	1YR
Volatility	115.1%	179.2%
Downside Capture	2.90	1.56
Upside Capture	193.18	-152.95
Correlation (SPY)	38.8%	11.0%

TBH Betas & Captures as of 2/28/2026

	1M	2M	3M	6M	1Y	3Y
Beta	2.53	4.56	4.63	0.46	0.91	0.50
Up Beta	2.41	3.75	2.57	-6.50	1.00	0.67
Down Beta	9.15	7.51	6.45	0.95	0.87	0.59
Up Capture	-237%	74%	21%	-63%	-43%	-5%
Bmk +ve Days	9	20	31	70	142	431
Stock +ve Days	9	20	27	56	114	114
Down Capture	368%	464%	508%	277%	137%	88%
Bmk -ve Days	12	21	30	54	109	320
Stock -ve Days	12	21	34	65	128	128

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with TBH
TBH	-94.9%	178.5%	-0.49	-
Sector ETF (XLC)	9.1%	18.3%	0.33	10.1%
Equity (SPY)	14.5%	18.9%	0.59	10.8%
Gold (GLD)	50.2%	27.7%	1.46	2.8%
Commodities (DBC)	17.8%	17.6%	0.85	0.4%
Real Estate (VNQ)	0.4%	16.4%	-0.15	6.4%
Bitcoin (BTCUSD)	-23.7%	44.2%	-0.49	7.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with TBH
TBH	-40.9%	175.9%	-0.26	-
Sector ETF (XLC)	8.1%	20.7%	0.31	9.9%
Equity (SPY)	11.8%	17.0%	0.54	10.1%
Gold (GLD)	20.7%	17.7%	0.96	3.0%
Commodities (DBC)	11.6%	18.9%	0.50	0.4%
Real Estate (VNQ)	3.0%	18.8%	0.07	6.0%
Bitcoin (BTCUSD)	4.0%	56.6%	0.29	6.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 10-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with TBH
TBH	-23.1%	175.9%	-0.26	-
Sector ETF (XLC)	8.7%	22.4%	0.47	9.9%
Equity (SPY)	14.0%	17.9%	0.67	10.1%
Gold (GLD)	13.3%	15.8%	0.70	3.0%
Commodities (DBC)	8.2%	17.6%	0.39	0.4%
Real Estate (VNQ)	4.7%	20.7%	0.19	6.0%
Bitcoin (BTCUSD)	66.4%	66.8%	1.06	6.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date	3132026
Short Interest: Shares Quantity	0.1 Mil
Short Interest: % Change Since 2282026	14.4%
Average Daily Volume	0.3 Mil
Days-to-Cover Short Interest	1
Basic Shares Quantity	10.8 Mil
Short % of Basic Shares	1.1%

Returns Analyses

	Title
0	Brag House Stock Drop Looks Sharp, But How Deep Can It Go?

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
SUMMARY STATS
# Positive	0	0	0
# Negative	0	0	0
Median Positive
Median Negative
Max Positive
Max Negative

SEC Filings

Expand for More

Report Date	Filing Date	Filing
09/30/2025	11/17/2025	10-Q
06/30/2025	08/15/2025	10-Q
03/31/2025	07/18/2025	10-Q
12/31/2024	05/07/2025	10-K
09/30/2024	03/07/2025	424B4
06/30/2024	12/03/2024	S-1/A
03/31/2024	06/18/2024	S-1
12/31/2022	01/29/2024	DRS/A
12/31/2020	02/14/2022	DRS

Recent Forward Guidance [BETA]

Latest: null Earnings Reported N/A/N/A/N/A | Prior: null Earnings Reported N/A/N/A/N/A

null

Insider Activity

Expand for Morenull

TBH Trade Sentinel

Stock Conviction

null

CONVICTION RATIONALE

null

STOCK ARCHETYPE

null

INVESTMENT THESIS

null

Mechanism: null

Supporting Evidence:

PRIMARY RISK

null

Mechanism: null

Supporting Evidence:

Key KPI Watchlist

KPI	Threshold	Rationale

Core Investment Debate

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

BEAR VIEW

Next 6 months: Risks and Catalysts

Timeline	Event & Metric To Watch

Key Events in Last 6 Months

Date	Event	Stock Impact

Risk Management

Position Sizing

null

Diversification Alternatives

How Is The Market Pricing TBH?

What will confirm the thesis

What will damage the thesis

Noise: Real but irrelevant to thesis

Repricing Catalyst

What TBH Makes & Who Pays

TTM figures based on

TBH Evolution: Price Return by Era

① Structure

② Volume / Momentum

③ Catalyst

Combined Score

0 / 12

1 Price Structure & Trend · ▾

2 Momentum ▾

3 Relative Strength vs. SPY ▾

4 Institutional Footprint & Volume ▾

5 Volatility ▾

6 Key Price Levels Range · Vol ▾

7 Earnings Reaction History ▾

8 How the Verdict Is Derived Three Pillars ▾

Pillar	Score
① Structure	0
② Vol / Mom	0
③ Catalyst	0

ℹ Bull Pillars: 0 · Bear Pillars: 0 · Combined Score: 0 →

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

Prefer one of these to Trefis? Tell us why.

Brag House (TBH)

Market Price (3/30/2026): $0.2711 | Market Cap: $2.9 MilSector: Communication Services | Industry: Interactive Home Entertainment

Brag House (TBH)

Market Price (3/30/2026): $0.2711Market Cap: $2.9 MilSector: Communication ServicesIndustry: Interactive Home Entertainment

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About Brag House (TBH)

Esports Platform and Tournaments

B2B: Advertising, Branding Partnerships, and Data Insights

B2C: Subscription Model

Capital Allocation Decisions

Share Issuance

Inbound Investments

Capital Expenditures

Interactive Breakdown

Better Bets vs. Brag House (TBH)

Latest Trefis Analyses

Trade Ideas

Recent Active Movers

Top Gainers

Top Losers

Top Gainers

Top Losers

Top Gainers

Top Losers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons

Financials

Growth & Margins

Valuation

Returns

Comparison Analyses

FDIC Bank Data

Bank Capital

Bank Deposits

Bank Assets

Bank Loans

FDA Approved Drugs Data

Financials

Segment Financials

Price Behavior

Based On 1-Year Data

Based On 5-Year Data

Based On 10-Year Data

Short Interest

Returns Analyses

Earnings Returns History

SEC Filings

Recent Forward Guidance [BETA]

Insider Activity

TBH Trade Sentinel

null

CONVICTION RATIONALE

STOCK ARCHETYPE

INVESTMENT THESIS

PRIMARY RISK

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

Market Price (3/30/2026): $0.2711 | Market Cap: $2.9 Mil
Sector: Communication Services | Industry: Interactive Home Entertainment

Market Price (3/30/2026): $0.2711
Market Cap: $2.9 Mil
Sector: Communication Services
Industry: Interactive Home Entertainment