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CTW (CTW) stock

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NASDAQ: CTW Nasdaq Interactive Home Entertainment

C Fundamentals grade

CTW is a US-listed company in the interactive home entertainment industry. Its financial year ends in July.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$0.8

Revenue-to-maturity cash-flow model

Base case. Range ~$0.8–$1.0 across our lower- and higher-growth cases (0%–5% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 56% below it.

Price used: $1.77, November 2, 2026

CTW valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds0 adding, 2 cuttingOf 0 active managers that changed their stake, 0 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter CTW files

Where CTW stands after its latest Filing

Revenue for the twelve months was $83m. That puts it 9 of 11 for growth among the interactive home entertainment companies we cover. Free-cash-flow margin held at -4.3%. The diluted share count is up 4.0% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $0.75 a share, against a share price of $1.81.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

CTW's trailing-twelve-month revenue fell 8.7% year on year, with a free-cash-flow margin of -4.3%. Where it stands out: days sales outstanding of 7 days ranks 1 of 10 interactive home entertainment companies we cover. Where it lags: change in growth rate of -40.8pp ranks 12 of 12 interactive home entertainment companies we cover.

Current signal Revenue growth decelerating: TTM revenue growth slowed to -8.7% (-40.8pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Priced above our value. The share price of $1.77 is 55% above our value per share of $1.
  • Revenue shrinking. Revenue fell 8.7% over the last 12 months.
  • Growth slowing. The growth rate is 40.8 points lower than a quarter earlier.
  • Loss-making. Operating margin is -8.9%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 7.7 points on a year ago.
  • Burning cash. Free cash flow was -4.3% of revenue over the last 12 months.

Price chart

  • 1 day-2.2%
  • 1 week+1.7%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$82.5M
Operating margin
-8.9%
Net margin
-5.0%
EPS (TTM, diluted)
$-0.07

Growth

Revenue growth
−8.7%
Change in growth rate
−40.8 pts
Share count change
+4.0%

Cash

Free cash flow (TTM)
-$3.6M
FCF margin
-4.3%
Stock pay % of revenue
2.4%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for CTW from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

CTW valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$0.8
Price used
$1.77close November 2, 2026
Implied change
▼ 55%
Uncertainty
Low

How we got here: the combined value of 4 valuation models built for a business like CTW (see the models table below and how they are combined) , with a 9.06% cost of equity. The models span ~$0.6–~$0.8; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Valuation models

We value CTW as an operating company, with every model that fits that kind of business. Cost of equity 9.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.92 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$0.8 ~$0.8–$1.0 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$0.8 ~$0.6–$1.3 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$0.8 ~$0.7–$1.0 Included
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$0.6 ~$0.5–$6.0 Included, half weight
Combined value Weighted average of the models that apply: the primary model (revenue-to-maturity model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$0.8 ~$0.6–$0.8 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare CTW with Interactive Home Entertainment in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.15 +314% — —

Positioning

Short interest
—
of tradable shares
Days to cover
1.3
at average volume
Short interest, 1 month
−10%
to October 15, 2026
Held by institutions
0%
of shares
Held by insiders
97.8%
of shares
Employees
324
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

CTW in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) CTW
$60M $70M $80M $90M $100M FY23 Q4 FY24 Q4 FY25 Q4 FY26 Q4 Revenue (TTM), FY23 Q4: $62.9M Revenue (TTM), FY24 Q4: $68.4M Revenue (TTM), FY25 Q4: $90.4M Revenue (TTM), FY26 Q4: $82.5M $82.5M

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue (TTM)
FY23 Q4 $62.9M
FY24 Q4 $68.4M
FY25 Q4 $90.4M
FY26 Q4 $82.5M
Operating margin (TTM) CTW
-10% -5% 0% 5% 10% FY23 Q4 FY24 Q4 FY25 Q4 FY26 Q4 Operating margin (TTM), FY23 Q4: 8.9% Operating margin (TTM), FY24 Q4: 9.7% Operating margin (TTM), FY25 Q4: -1.2% Operating margin (TTM), FY26 Q4: -8.9% -8.9%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Operating margin (TTM)
FY23 Q4 8.9%
FY24 Q4 9.7%
FY25 Q4 -1.2%
FY26 Q4 -8.9%
FCF margin (TTM) CTW
-5% 0% 5% FY23 Q4 FY24 Q4 FY25 Q4 FY26 Q4 FCF margin (TTM), FY23 Q4: 3.9% FCF margin (TTM), FY24 Q4: 1.3% FCF margin (TTM), FY25 Q4: -0.5% FCF margin (TTM), FY26 Q4: -4.3% -4.3%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period FCF margin (TTM)
FY23 Q4 3.9%
FY24 Q4 1.3%
FY25 Q4 -0.5%
FY26 Q4 -4.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2023 Jul 2023 2024 Jul 2024 2025 Jul 2025 2026 Jul 2026
Income
Revenue 63 68 90 83
Gross profit 46 52 68 54
EBITDA 6 9 2 −5
Operating income 6 7 −1 −7
Net income 3 6 4 −4
Diluted EPS $0.06 $0.10 $0.06 −$0.07
Growth (year on year)
Revenue — +8.7% +32.1% −8.7%
EBITDA — +37.0% −81.6% —
Operating income — +19.1% −116.0% —
Net income — +75.9% −36.0% −207.9%
Diluted EPS — +66.7% −40.0% −216.7%
Margins
Gross margin 72.9% 76.3% 75.6% 65.5%
EBITDA margin 10.1% 12.7% 1.8% −5.8%
Operating margin 8.9% 9.7% −1.2% −8.9%
Net margin 5.4% 8.7% 4.2% −5.0%
Free-cash-flow margin 3.9% 1.3% −0.5% −4.3%
Cash flow
Cash from operations 3 2 0 −3
Capital spending 0 1 1 0
Free cash flow 2 1 −0 −4
Stock-based pay — — — 2
Free cash flow after stock pay — — — −6
Balance sheet
Cash 15 14 12 14
Total debt 0 0 0 0
Net debt (negative = net cash) −15 −14 −12 −14
Diluted shares 60m 60m 60m 62m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · July 31, 2026
What it owns · $55m
Short-term assets $21mLonger-term assets $34m
What it owes, and who funded it · $55m
Short-term liabilities $13mLonger-term liabilities $8mShareholders' equity $34m
  • Short-term assets cover short-term liabilities $21m of assets due within a year against $13m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $21m short-term assets against $8m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From CTW's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+4.0%
year over year
R&D spending
4.6%
of revenue
Sales & admin spending
14.2%
of revenue
Days sales outstanding
7 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in interactive home entertainment
Last 12 months unless stated CTW SNAL GMHS MYPS INSE GDEV Median
Revenue, last 12 months $83m $86m $105m $226m $281m $404m $166m
Revenue growth, last 12 months −8.7% −5.6% −11.3% −13.3% −6.5% −3.9% 1.6%
Revenue growth, 3-year average — 16.5% — −9.9% −1.9% — 16.5%
Revenue growth, latest quarter — −11.3% — −7.3% −24.3% — 2.0%
Gross margin 65.5% 33.7% 52.7% — 59.6% — 57.8%
Operating margin −8.9% −13.9% 1.3% −17.9% 14.3% 17.6% −5.6%
Operating margin, 3-year average — −6.2% — −11.6% 11.3% — −11.6%
Net margin −5.0% −11.2% 4.1% −20.6% −3.3% 17.1% −4.9%
Cash from operations / revenue −3.8% 9.5% 5.7% 8.3% 14.5% 7.3% 7.9%
Free-cash-flow margin −4.3% 9.5% 5.0% 8.0% 6.2% 7.2% 6.7%
Free-cash-flow margin, 3-year average — 6.6% — 12.5% 6.0% — 6.0%
Stock pay / revenue 2.4% 0.2% 0.3% 4.4% 2.3% 0.2% 2.4%
Change in share count 4.0% — 3.6% 1.4% −0.4% −0.2% 1.4%

Median of all 12 companies we cover in interactive home entertainment. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

12 interactive home entertainment companies
Measure Company Peer median Rank
Revenue growth Growth -8.7% 7.1% 10 of 12
Change in growth rate Growth -40.8pp +2.6pp 12 of 12
Gross margin Profitability 65.5% 56.0% 3 of 9
Operating margin Profitability -8.9% -2.4% 7 of 12
Net margin Profitability -5.0% -4.8% 7 of 12
Free-cash-flow margin Cash generation -4.3% 7.2% 10 of 12
Stock pay as % of revenue Cash generation 2.4% 2.4% 6 of 10
Change in share count Balance sheet 4.0% 3.6% 7 of 10
Days sales outstanding Balance sheet 7 days 33 days 1 of 10

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$81,033
Institutions reporting
4
Shares held vs prior quarter
▼ 8.2%
Positions opened / closed
0 / 0

Top buyers and sellers, Q2 2026: 0 institutions bought and 2 sold and the biggest seller Xtx Topco Ltd (−2,319). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Xtx Topco Ltd $41,138 17K 50.8% ▼ 12.0%
Pinnacle Associates Ltd $38,400 15K 47.4% 0.0%
UBS Group AG $1,487 1K 1.8% ▼ 50.8%
Caitong International Asset Management Co., Ltd $8 0K 0.0% 0.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not CTW's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $1,478 1 trade by 1 insider · 0% under pre-set plans
Net ▼ $1,478 net selling
Insider Date Trade Shares Price Value
Tong Hairihan Chief Technology Officer May 27, 2026 Sell 669 $2.21 $1,478

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on CTW was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

CTW in brief

What does CTW do?
CTW is a US-listed company in the interactive home entertainment industry. Its financial year ends in July.
What is CTW's stock ticker?
CTW trades under the ticker CTW on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is CTW's revenue, and how fast is it growing?
Over its most recent trailing twelve months, CTW reported revenue of $82.5M, 8.7% lower than a year earlier, according to its SEC filings.
What is CTW's free cash flow?
CTW's free-cash-flow margin is -4.3% of revenue over the trailing twelve months, ranking 10 of the 12 interactive home entertainment companies we cover.
Who are CTW's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Xtx Topco Ltd, Pinnacle Associates Ltd and UBS Group AG. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Who are CTW's competitors?
In our Interactive Home Entertainment peer group, the companies closest to CTW are Snail, Inc., Gamehaus Holdings Inc., Playstudios, Inc., Inspired Entertainment, Inc. and Gdev Inc. The side-by-side comparison below sets their revenue, margins and growth against CTW's.
Are insiders buying or selling CTW stock?
Over the last 12 months, CTW's directors and officers reported 0 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.