VIP Play (VIPZ) Operating Expenses (2020 - 2026)
VIP Play's (VIPZ) quarterly Operating Expenses came in at $2.1 million in Q1 2026, up 14.68% on a YoY basis from $1.8 million in Q1 2025, and down 4.69% quarter-over-quarter from $2.2 million in Q4 2025.
Analysis
VIP Play (VIPZ) Operating Expenses (2020 - 2026) Analysis & Trends
VIP Play (VIPZ) has reported Operating Expenses for 7 consecutive years, with $2.1 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 14.68% year-over-year to $2.1 million; the trailing twelve-month figure through Mar 2026 stood at $9.2 million (down 38.15% YoY), and the FY2025 full-year result was $15.1 million, up 33.55% from the prior year.
- Operating Expenses declined to $2.1 million in Q1 2026 per VIPZ's latest filing, from $2.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $8.5 million in Q4 2024 and bottomed at $48716.0 in Q1 2022.
- Historically, Operating Expenses has averaged $2.5 million across 5 years, with a median of $2.2 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 9583.01% in 2022, then tumbled 74.2% in 2025.
- Over 5 years, Operating Expenses stood at $1.6 million in 2022, then surged by 195.94% to $4.8 million in 2023, then jumped by 79.05% to $8.5 million in 2024, then sank by 74.2% to $2.2 million in 2025, then declined by 4.69% to $2.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.1 million, $2.2 million, and $2.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.30 Bn | 15.74 Bn | 1.71 Bn | 1.56 Bn |
| 2 | DraftKings | 11.78 Bn | 10.79 Bn | 551.45 Mn | 491.98 Mn |
| 3 | Super Group (SGHC) | 6.89 Bn | 6.34 Bn | - | -513.00 Mn |
| 4 | Rush Street Interactive | 2.91 Bn | 2.57 Bn | 139.66 Mn | 347.55 Mn |
| 5 | Codere Online Luxembourg | 423.10 Mn | 353.68 Mn | - | - |
| 6 | Meridian Holdings | 173.58 Mn | 156.26 Mn | 26.85 Mn | 24.41 Mn |
| 7 | High Roller Technologies | 53.26 Mn | 50.60 Mn | - | - |
| 8 | VIP Play | 24.98 Mn | 24.89 Mn | -313,000.00 | 2.09 Mn |
| 9 | Apple iSports | 16.64 Mn | 16.64 Mn | - | 437,119.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.09 Mn |
| Dec 31, 2025 | 2.20 Mn |
| Sep 30, 2025 | 2.68 Mn |
| Jun 30, 2025 | 2.25 Mn |
| Mar 31, 2025 | 1.83 Mn |
| Dec 31, 2024 | 8.51 Mn |
| Sep 30, 2024 | 2.50 Mn |
| Jun 30, 2024 | 2.06 Mn |
| Mar 31, 2024 | 2.46 Mn |
| Dec 31, 2023 | 4.75 Mn |
| Sep 30, 2023 | 3.17 Mn |
| Jun 30, 2023 | 1.75 Mn |
| Mar 31, 2023 | 2.09 Mn |
| Dec 31, 2022 | 1.61 Mn |
| Sep 30, 2022 | 2.34 Mn |
| Jun 30, 2022 | 548,778.00 |
| Mar 31, 2022 | 48,716.00 |
| Dec 31, 2021 | 16,588.00 |
| Sep 30, 2021 | 32,613.00 |
| Jun 30, 2021 | 18,583.00 |