---
schema_version: "secwatch.filing_event.v1"
accession: "0000929638-24-001237"
form_type: "8-K"
ticker: "AGAE"
cik: "0001708341"
company_name: "Allied Gaming & Entertainment Inc."
filed_at: "2024-03-27T23:59:59+00:00"
generated_at: "2026-06-04T07:16:48.023652+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Allied Gaming Q4 revenue $2.1M (+70% YoY); FY net loss narrows to $3.6M

## Summary
- Full-year 2023 revenue $7.7M (+21% YoY); net loss $3.6M vs $10.8M in 2022.
- Q4 2023 revenue $2.1M (+70% YoY); net loss $1.1M vs $1.7M in Q4 2022.
- Adjusted EBITDA loss $4.6M in 2023 vs $8.6M loss in 2022.
- Cash and short-term investments $78.6M at Dec 31, 2023; 36.8M shares outstanding.
- Closed strategic investment in Z-Tech; formed Skyline Music JV in Macau (51% owned).

## SEC filing metadata
- accession: 0000929638-24-001237
- form_type: 8-K
- ticker: AGAE
- cik: 0001708341
- company_name: Allied Gaming & Entertainment Inc.
- filed_at: 2024-03-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1708341/000092963824001237/0000929638-24-001237-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1708341/000092963824001237/a8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000929638-24-001237
- JSON: https://secwatch.observer/filing/0000929638-24-001237.json
- Plain text: https://secwatch.observer/filing/0000929638-24-001237.txt

## Key facts
- Earnings Releases
  Allied Gaming & Entertainment Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue $7.7 million, net income Net loss (including the amount attributable to non-controlling interests) was $3.6 million in 2023.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Revenue: $7.7 million
  - Net income: Net loss (including the amount attributable to non-controlling interests) was $3.6 million in 2023
  - Result: reported results
  source text: of the GAAP-basis net loss to adjusted EBITDA is provided in the table at the end of this press release. Fourth Quarter 2023 Financial Results Revenues: Total revenues of $2.1 million increased 70% for the fourth quarter of 2023 compared to the fourth quarter of 2022. The increase from the fourth quarter of 2022 was driven by an increase in HyperX sponsorship
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708341/000092963824001237/0000929638-24-001237-index.htm
- Earnings Releases
  Allied Gaming & Entertainment Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue $7.7 million, net income Net loss (including the amount attributable to non-controlling interests) was $3.6 million in 2023.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Revenue: $7.7 million
  - Net income: Net loss (including the amount attributable to non-controlling interests) was $3.6 million in 2023
  - Result: reported results
  source text: AEI properties and content, we are extremely excited for the year ahead and very confident in our path forward.” Full Year 2023 Financial Results Revenues: Total revenues of $7.7 million increased 21% in 2023 compared to 2022. The increase in revenue year-over-year was primarily driven by an increase in sponsorship revenue relating to the renewal of our naming
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708341/000092963824001237/0000929638-24-001237-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.