Snail, Inc. Class A Common Stock Price & Performance (SNAL)

Snail, Inc. shareholders have been informed of a recently approved $11 million convertible note financing, with $3.3 million already closed in February. The transaction, backed by majority voting power, grants investors rights to convert notes into Class A shares, potentially diluting existing holders and impacting future share prices.12

Snail, Inc. reported a net income of $1.8 million for 2024, rebounding from a $9.1 million loss in 2023. However, the company saw negative cash flow from operations and significant repayments on debt, resulting in an $8.1 million decrease in cash holdings by year-end.23

Snail, Inc.’s price-to-earnings ratio stands at 18.9, notably higher than the sector average. Its analyst target suggests a potential upside of nearly 340%, reflecting optimism about the company’s prospects in the interactive digital entertainment industry, despite recent financing and dilution risks.42