Elray Resources, Inc. (ELRA)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Elray Resources, Inc. (ELRA) trades at $0.00 with AI Score 42/100 (Grade C). Elray Resources, Inc. is a technology company focused on owning and licensing gaming intellectual property and providing marketing tools for online gaming operators. Market cap: $1.30M, Sector: Consumer cyclical.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for ELRA: ELRA does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ELRA against Consumer Cyclical peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
ELRA: the 1 perspectives are evenly split.
How is this calculated? →Elray Resources, Inc. (ELRA) Consumer Business Overview
Elray Resources, Inc. specializes in the ownership and licensing of gaming intellectual property and content, providing innovative marketing tools and CRM systems for online gaming operators, positioning itself as a key player in the evolving online gaming landscape.
What Is the Investment Thesis for ELRA?
Elray Resources, Inc. presents a unique investment thesis driven by several key value drivers. The online gambling market is projected to grow significantly, with estimates suggesting a compound annual growth rate (CAGR) exceeding 10% over the next five years. Elray's focus on technology and licensing positions it to benefit from this growth, particularly as more jurisdictions legalize online gaming. The company's profit margin stands at an impressive 110.7%, indicating strong operational efficiency despite a negative gross margin of -59.0%. This suggests that while revenue generation may currently be challenged, the potential for high profitability exists as the company scales its operations and refines its offerings. Additionally, the current P/E ratio of 0.5 indicates that the stock may be undervalued relative to its earnings potential. However, investors should be cautious of the inherent risks in the gambling sector, including regulatory changes and market competition, which could impact future performance.
Based on FMP financials and quantitative analysis
ELRA Key Highlights
- Profit margin of 110.7%, indicating strong operational efficiency despite challenges in revenue generation.
- P/E ratio of 0.5, suggesting potential undervaluation relative to earnings.
- Negative gross margin of -59.0%, highlighting areas for improvement in cost management.
- Single employee structure allows for agile decision-making and strategic pivots.
- Presence in both U.S. and international markets enhances growth potential.
Who Are ELRA's Competitors?
ELRA is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| PDSSF Paradise Entertainment Limited | $0.09 | +0.00% | $96.39M | 63 |
| RSI Rush Street Interactive (RSI) | $31.68 | +1.34% | $7.53B | 62 |
| CDRO Codere Online Luxembourg, S.A. | $9.56 | +1.70% | $434.69M | 59 |
| SLNA Selina Hospitality PLC | $0.03 | -20.21% | $16.31M | 59 |
| GMVHY Entain Plc | $7.18 | -0.97% | $4.59B | 48 |
| BYD Boyd Gaming Corporation | $87.90 | -0.09% | $6.53B | 48 |
| FLUT Flutter Entertainment plc | $106.03 | +0.61% | $18.39B | 48 |
| SCHYY Sands China Ltd. | $16.85 | +0.18% | $13.64B | 48 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ELRA's Key Strengths?
- Strong profit margin of 110.7%, indicating operational efficiency.
- Unique position in the online gaming technology space.
- Ability to adapt quickly to market trends and changes.
- Diverse product offerings catering to various gaming operators.
What Are ELRA's Weaknesses?
- Negative gross margin of -59.0%, indicating challenges in cost management.
- Limited workforce, which may hinder scalability.
- Dependence on a niche market segment.
- Lack of brand recognition compared to larger competitors.
What Could Drive ELRA Stock Higher?
- Expansion into newly legalized online gambling markets.
- Development of innovative marketing tools for online gaming operators.
- Strategic partnerships with established gaming platforms.
- Increased focus on mobile gaming solutions.
- Enhancements to the company's intellectual property portfolio.
What Are the Key Risks for ELRA?
- Financial-distress signal — its Altman Z-Score of -26.61 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 1/9 flags soft profitability, leverage or efficiency.
- Regulatory changes impacting the online gambling landscape.
- Intense competition from larger, established gaming companies.
- Market saturation as more players enter the online gaming space.
- Technological advancements that could outpace current offerings.
What Are the Growth Opportunities for ELRA?
- Growth opportunity 1: The global online gambling market is projected to reach $127 billion by 2027, with a CAGR of over 10%. Elray Resources can capitalize on this growth by expanding its licensing agreements and enhancing its technology offerings to meet the evolving needs of online gaming operators. By increasing its market presence and developing new partnerships, Elray can drive revenue growth and improve profitability.
- Growth opportunity 2: As more jurisdictions legalize online gambling, Elray Resources has the potential to expand its services into new markets. This regulatory shift presents a significant opportunity for the company to license its gaming intellectual property and content to operators in newly regulated regions, thereby increasing its revenue streams and market reach.
- Growth opportunity 3: The increasing demand for innovative marketing tools and CRM systems in the online gaming sector presents a chance for Elray to enhance its product offerings. By investing in technology development and customer engagement strategies, the company can attract more clients and improve retention rates, driving long-term growth.
- Growth opportunity 4: Collaborations with established online gaming platforms can provide Elray Resources with access to larger customer bases and enhanced visibility in the market. By forming strategic partnerships, the company can leverage its expertise in gaming intellectual property to deliver tailored solutions that meet the specific needs of its partners.
- Growth opportunity 5: The rise of mobile gaming is transforming the gambling landscape, with an increasing number of players engaging in gaming through mobile devices. Elray Resources can focus on developing mobile-compatible gaming content and marketing tools, positioning itself to capture a share of this rapidly growing segment of the market.
What Opportunities Does ELRA Have?
- Expansion into newly legalized online gambling markets.
- Growing demand for innovative marketing tools in the gaming sector.
- Partnership opportunities with established gaming platforms.
- Development of mobile-compatible gaming solutions.
What Threats Does ELRA Face?
- Regulatory changes impacting the online gambling landscape.
- Intense competition from larger, established gaming companies.
- Potential market saturation as more players enter the online gaming space.
- Technological advancements that could outpace current offerings.
What Are ELRA's Competitive Advantages?
- Strong portfolio of gaming intellectual property and trademarks.
- Expertise in providing tailored marketing solutions for online gaming operators.
- Agile operational structure allowing for quick adaptation to market changes.
- Established relationships with key players in the online gaming industry.
- Ability to leverage technology trends to enhance service offerings.
What Does ELRA Do?
Founded in Las Vegas, Nevada, Elray Resources, Inc. is a technology company that has carved out a niche in the gambling industry by focusing on the ownership and licensing of gaming intellectual property, gaming content, and trademarks. The company provides essential marketing tools and customer relationship management (CRM) systems tailored for online gaming operators, facilitating their growth and operational efficiency. With a small workforce of just one employee, Elray operates with a lean structure, allowing for agility in decision-making and strategic pivots in a rapidly changing market. The company's offerings extend beyond the United States, reaching international markets and catering to a diverse clientele in the online gaming sector. Elray's unique position allows it to leverage its intellectual property and technological expertise to provide value-added services that enhance the gaming experience for operators and players alike. As the online gambling market continues to expand, driven by technological advancements and changing consumer preferences, Elray Resources is well-positioned to capitalize on these trends and grow its market share.
What Products and Services Does ELRA Offer?
- Owns and licenses gaming intellectual property and content.
- Provides marketing tools for online gaming operators.
- Offers customer relationship management (CRM) systems tailored for the gaming industry.
- Operates in both U.S. and international markets.
- Focuses on enhancing the online gaming experience for operators and players.
- Engages in the development of gaming domains and trademarks.
How Does ELRA Make Money?
- Generates revenue through licensing agreements for gaming intellectual property.
- Earns income by providing marketing tools and CRM systems to online gaming operators.
- Focuses on international markets to expand its customer base and revenue streams.
- Utilizes a lean operational structure to maintain low overhead costs.
- Capitalizes on the growing online gambling market to drive sales and profitability.
What Industry Does ELRA Operate In?
The gambling, resorts, and casinos industry is experiencing robust growth, driven by the increasing acceptance of online gambling and technological advancements. The global online gambling market is expected to reach approximately $127 billion by 2027, growing at a CAGR of over 10%. Elray Resources, Inc. operates within this expanding sector, providing critical services that support online gaming operators. The competitive landscape includes various players, but Elray's focus on intellectual property and CRM systems differentiates it from traditional casinos and gaming companies, allowing it to capture market share in the digital space.
Who Are ELRA's Key Customers?
- Online gaming operators looking for innovative marketing solutions.
- Gaming companies seeking to enhance their intellectual property portfolio.
- International operators needing compliance with regional regulations.
- Technology partners in the gaming sector looking for collaboration.
- Investors interested in the growth potential of the online gambling market.
Net buyingInsider Activity
The most recent 2 insider filings for Elray Resources, Inc. break down as 1 sales and 1 purchases. On net that is roughly 233.3M shares acquired (about $93K) — insiders putting money in tends to read as conviction.
F-Score 1/9Financial Health
Elray Resources, Inc.'s Piotroski F-Score is 1/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -26.61 places it in the distress zone, a signal of elevated financial risk.
ROE 10%Key Financial Metrics
Return on equity for Elray Resources, Inc. stands at 9.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -40.0%, showing how much profit it generates from its asset base. A current ratio of 0.07 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -91.0%, the inverse of the P/E and a quick read on earnings relative to price.
Elray Resources, Inc. (ELRA) Valuation Context
Valued at $1.30M, ELRA is classified as a micro-cap stock. Relative to its peer group, ELRA's quantitative score of 42/100 is below the peer average of 58/100.
Company Profile
Elray Resources, Inc. operates in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector. It is headquartered in Las Vegas, US. The company is led by CEO Anthony Brian Goodman. ELRA has traded publicly since 2007.
ELRA Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Elray's future, indicating that key stakeholders believe in the company's potential.
- Community sentiment has turned positive, with discussions highlighting the company's innovative approaches in resource management.
- Recent partnerships announced have sparked optimism, positioning Elray as a growing player in its sector.
- Market perception is shifting as Elray's sustainability initiatives gain traction, appealing to a socially conscious investor base.
Bear Case
- Concerns persist about Elray's operational scalability, as some analysts question whether the current infrastructure can support growth.
- Social sentiment reflects skepticism regarding the company's ability to deliver on its ambitious project timelines, causing some investors to hesitate.
- Recent regulatory challenges in the sector have raised alarms, leading to fears of potential delays or increased costs for Elray.
- Bearish community views are on the rise, focusing on the volatility of the resource market and its impact on Elray's profitability.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
ELRA Latest News
No recent news available for ELRA.
ELRA Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ELRA.
Price Targets
Wall Street price target analysis for ELRA.
ELRA MoonshotScore
What does this score mean?
The MoonshotScore rates ELRA's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Anthony Brian Goodman
CEO
Anthony Brian Goodman has a diverse background in technology and business management. With experience in the gaming industry, he has been instrumental in shaping Elray Resources, Inc.'s strategic direction. Goodman has a proven track record of leveraging technology to enhance operational efficiency and drive growth in competitive markets.
Track Record: Under Goodman's leadership, Elray Resources has focused on expanding its intellectual property portfolio and enhancing its service offerings for online gaming operators. His strategic decisions have positioned the company to capitalize on emerging trends in the gambling industry.
ELRA OTC Market Information
The OTC Other tier represents companies that trade on the over-the-counter market but do not meet the higher listing requirements of major exchanges like NYSE or NASDAQ. These companies may have less liquidity and more limited visibility, but they can still provide investment opportunities for those willing to conduct thorough research.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosures may hinder informed investment decisions.
- Lower liquidity can result in price volatility and trading difficulties.
- Regulatory risks associated with the gambling industry may impact operations.
- Increased competition from larger, more established gaming companies.
- Verify the company's licensing agreements and intellectual property portfolio.
- Assess the competitive landscape and market position of Elray Resources.
- Review any available financial statements or reports.
- Investigate the company's operational structure and management team.
- Monitor regulatory developments in the online gambling sector.
- Established presence in the Las Vegas gaming market.
- Ownership of gaming intellectual property and trademarks.
- Engagement in international markets for broader reach.
- Focus on technology and innovation in the online gaming space.
Common Questions About ELRA (Consumer Cyclical)
What does Elray Resources, Inc. do?
Elray Resources, Inc. specializes in owning and licensing gaming intellectual property, providing marketing tools, and CRM systems tailored for online gaming operators. The company aims to enhance the online gaming experience through its innovative technology solutions, catering to both U.S. and international markets.
What do analysts say about ELRA stock?
Analyst consensus on ELRA stock highlights its low P/E ratio of 0.5, suggesting potential undervaluation relative to earnings. However, analysts also note the challenges posed by a negative gross margin and the competitive landscape, urging investors to consider these factors in their evaluations.
What are the main risks for ELRA?
Elray Resources faces several risks, including regulatory changes that could impact its operations in the online gambling sector. Additionally, intense competition from larger companies and potential market saturation pose significant challenges. Investors should also consider the company's limited financial disclosures, which may hinder informed decision-making.
What are the key factors to evaluate for ELRA?
Elray Resources, Inc. (ELRA) holds an AI score of 42/100 (low). P/E: 0.5x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does ELRA data refresh on this page?
ELRA prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven ELRA's recent stock price performance?
Elray Resources, Inc. (ELRA) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong profit margin of 110.7%, indicating operational efficiency. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ELRA overvalued or undervalued right now?
Elray Resources, Inc. (ELRA) trades at 0.5x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying ELRA?
Before investing in Elray Resources, Inc. (ELRA), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited financial disclosures may affect investment decisions.