TBH

Company Overview — What Does Brag House Holdings, Inc. Do?

Brag House offers an integrated electronic video game sports, or esports, platform designed for casual gamers and their friends to experience the fun, passion, intensity and excitement of college sports rivalries in an organic, inclusive and personalized gaming environment, while creating authentic pathway for brands to connect with our Generation Z (“Gen Z”) audience. The vision for Brag House began with our founders — co-founder and Chief Executive Officer Lavell Juan Malloy, II and co-founder, Chief Operating Officer and Interim Chief Financial Officer Daniel Leibovich — who recognized a need in the gaming industry for an esports platform focused on the casual college gamer. Driven by this vision, our mission is to facilitate, support and enhance the organic — and sometimes spontaneous — creation of digital communities of casual games while delivering value to our shareholders through our diversified revenue model. • Our Vertically Integrated Social Network. Driven by our founders’ vision, we have developed and intend to implement an integrated social network that facilitates the development of digital communities of casual gamers that are supported and enhanced through interactive streaming capabilities, instant messaging, openly available community spaces, leaderboards and our Brags — unique risk-free non-monetary, non-transferrable “bets” that users can place on gaming outcomes. Our vertically integrated approach combines gamer recruitment, facilitation of community engagement and content creation, live-stream production and tournament host activities. By facilitating the creation and publication of all content on our platform, we believe we will be able to offer a one-stop interface and control all aspects of the user experience, from community building, to gamified engagement, to hosting and producing tournaments. Through our company platform, or our Brag House Platform, we aim to attract college-aged gamers by using differentiated engagement functionalities to meet them where and how they play. • Our Diversified Revenue Channels. Our diversified revenue model focuses on advertising and branding partnerships (B2B) as well as our members and users (B2C). To date, all of our current revenue has been generated B2B from Tournaments and Tertiary Fees. Our other intended revenue sources we discuss in this prospectus have not generated meaningful revenue as of yet. • B2B: Tournaments and Tertiary Fees We are able to leverage our esports tournaments to enhance and monetize our B2B partnerships. We perform all publicity and marketing for the tournament and host its production, including the streaming and live broadcast of the tournament. Through December 31, 2024, we have held 27 tournaments, and seven of those tournaments were sponsored by corporate entities including Fortune 500 companies that have generated approximately $667,000 in revenue for us. We anticipate that for 2025, tournaments and sponsorships with major sports enterprises and corporate entities will constitute approximately 99% of our revenue, while subscriptions, merchandise and other forms of revenue to be approximately 1%. Data Insights As we continue to build our technology platform, we plan to implement our data insights model in Q2 2025 that will collect anonymized and aggregated data based on the habits, values, and social media use of our primary userbase, currently the Gen Z audience, and use such information to empower brand advertisers to craft highly effective, hyper-personalized marketing strategies. Our goal is to make Brag House uniquely positioned to offer brands the option to pay for accessing unparalleled insights into Gen Z’s needs and desires. Specifically, we aim to build and leverage comprehensive data, including, but not limited to lifestyle and behavior insights, and predictive analytics, without sharing Personal Identifiable Information (“PII”). This will empower brands to craft highly effective, hyper-personalized marketing strategies that resonate with Gen Z’s needs and desires. Advertising and Marketing Fees At Brag House, we aim to connect advertisers with college-aged gamers, consumers and esports fans. This involves soliciting advertisers to promote their products through digital channels (such as on our social media accounts and in our Brag House Platform), and also through physical channels (such as by advertising with billboards or signs at our live events). In growing the network of Brag House Platform users, we will continue to make ourselves and our events an appealing destination for advertisers to promote their products. Collegiate Leads Program We will continue to develop our network through our Collegiate Leads Program, or our CL Program — where our on-the-ground student ambassadors (i.e. “Collegiate Leads”) help us refine our product offering and expand our footprint on campuses around the country. Through our CL Program, our Collegiate Leads will represent Brag House, organize local tournaments and promote brand awareness. We plan to have over 50 Collegiate Leads across 50 campuses. In addition to promoting Brag House at their own schools, we plan to have these Collegiate Leads reach out to other universities and establish a gaming presence in over 150 colleges and universities in the United States by the end of 2025. • B2C: We intend to offer a subscription model in which our users can select from different membership tiers, giving them access to additional features, prizes and Brag Bucks — our non-monetized and non-transferrable virtual coin that can be used only within our platform’s ecosystem. As of December 31, 2024, we had not commenced offering paid subscriptions (memberships). We anticipate offering paid subscriptions in 2025. Our mission is to foster connectivity and to facilitate an organic and inclusive community in which casual gamers, streamers, fans and friends can compete, enjoy friendly bragging and bantering in a safe environment, support their players and teams and win prizes. To that end, we create exciting and personalized experiences for our users. Our vertically integrated Brag House Platform incorporates features for social media interaction, live streaming and gamification through both web and mobile offerings to provide gamers, streamers and their friends the opportunity to celebrate their love of gaming and competition. We leverage existing college sports rivalries by hosting tournaments and live-streams with a top-tier production experience, which includes game commentary, in-game interviews, play-by-play analysis, post-game analysis, live broadcast digital visuals and tournament brackets. In addition, we encourage our users to engage with these tournaments and live-streams by offering them the ability to partake and enter in-game stat-based predictions on the outcomes of these events. This is known as our “Bragging Functionality.” Our Bragging Functionality includes our in-platform non-monetary, non-transferrable currency, or Brag Bucks, that are utilized by our users to enter into those predictions, as well as digital tokens that are awarded to users for engaging with the Brag House Platform. These digital tokens, or Loyalty Tokens, can be redeemed for prizes. Whether through gameplay highlights, live-streamed esports competitions or custom-designed digital gameplay environments, the Brag House audience is regularly watching and engaging. Our principal executive offices are located at 45 Park Street, Montclair, NJ. Brag House Holdings, Inc. (TBH) is classified as a micro-cap stock in the Communication Services sector, specifically within the Entertainment industry. The company is led by CEO Lavell Juan Malloy, II and employs approximately 14 people, headquartered in LEWES, Delaware. With a market capitalization of $6M, TBH is one of the notable companies in the Communication Services sector.

Brag House Holdings, Inc. (TBH) Stock Rating — Reduce (April 2026)

As of April 2026, Brag House Holdings, Inc. receives a Reduce rating with a composite score of 23.2/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.TBH ranks #2,804 out of 4,446 stocks in our coverage universe. Within the Communication Services sector, Brag House Holdings, Inc. ranks #87 of 134 stocks, placing it in the lower half of its Communication Services peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

TBH Stock Price and 52-Week Range

Brag House Holdings, Inc. (TBH) currently trades at $0.48. The stock gained $0.11 (28.2%) in the most recent trading session. Recent trading volume was 1.1M shares, reflecting moderate market activity.

Is TBH Overvalued or Undervalued? — Valuation Analysis

Brag House Holdings, Inc. (TBH) carries a value factor score of 22/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 1.20x, compared to the Communication Services sector average of 26.08x — a discount of 95%. The price-to-book ratio stands at 3.22x, versus the sector average of 1.87x.

At current multiples, Brag House Holdings, Inc. trades at a premium to most Communication Services peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Brag House Holdings, Inc. Profitability — ROE, Margins, and Quality Score

Brag House Holdings, Inc. (TBH) earns a quality factor score of 25/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -1850.5%, compared to the Communication Services sector average of 1.0%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -429.8% versus the sector average of -0.0%.

Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

TBH Debt, Balance Sheet, and Financial Health

Brag House Holdings, Inc. has a debt-to-equity ratio of 331.0%, compared to the Communication Services sector average of 82.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.72x, suggesting adequate working capital coverage. Total debt on the balance sheet is $0. Cash and equivalents stand at $10M.

TBH has a beta of 0.96, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Brag House Holdings, Inc. is 19/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

Brag House Holdings, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Brag House Holdings, Inc. reported revenue of $-14,880 and earnings per share (EPS) of $-1.31. Net income for the quarter was $-16M. Operating income came in at $-2M.

In FY 2025, Brag House Holdings, Inc. reported revenue of N/A and earnings per share (EPS) of $-1.31. Net income for the quarter was $-16M.

In Q3 2025, Brag House Holdings, Inc. reported revenue of N/A and earnings per share (EPS) of $0.23. Net income for the quarter was $3M.

In Q2 2025, Brag House Holdings, Inc. reported revenue of N/A and earnings per share (EPS) of $-0.16. Net income for the quarter was $-2M.

Over the past 7 quarters, Brag House Holdings, Inc. has experienced revenue contraction from $0 to $-14,880. Investors analyzing TBH stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

TBH Dividend Yield and Income Analysis

Brag House Holdings, Inc. (TBH) does not currently pay a dividend. This is common among smaller companies in the Entertainment industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Communication Services dividend stocks may want to explore other Communication Services stocks or use the stock screener to filter by dividend yield.

TBH Momentum and Technical Analysis Profile

Brag House Holdings, Inc. (TBH) has a momentum factor score of 8/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 61/100 reflects moderate short selling activity.

TBH vs Competitors — Communication Services Sector Ranking and Peer Comparison

Within the Communication Services sector, Brag House Holdings, Inc. (TBH) ranks #87 out of 134 stocks based on the Blank Capital composite score. This places TBH in the lower half of all Communication Services stocks in our coverage universe. Key competitors and sector peers include MILLICOM INTERNATIONAL CELLULAR SA (TIGO) with a score of 61.6/100, TEGNA INC (TGNA) with a score of 49.6/100, VERIZON COMMUNICATIONS INC (VZ) with a score of 54.2/100, DELUXE CORP (DLX) with a score of 53.8/100, and NEW YORK TIMES CO (NYT) with a score of 53.2/100.

Comparing TBH against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full TBH vs S&P 500 (SPY) comparison to assess how Brag House Holdings, Inc. stacks up against the broader market across all factor dimensions.

TBH Next Earnings Date

No upcoming earnings date has been announced for Brag House Holdings, Inc. (TBH) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy TBH? — Investment Thesis Summary

The quantitative profile for Brag House Holdings, Inc. suggests caution. The quality score of 25/100 flags below-average profitability. The value score of 22/100 indicates premium valuation. Momentum is weak at 8/100, a headwind for near-term performance. High volatility (stability score 19/100) increases portfolio risk.

In summary, Brag House Holdings, Inc. (TBH) earns a Reduce rating with a composite score of 23.2/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on TBH stock.

Related Resources for TBH Investors

Explore more research and tools: TBH vs S&P 500 comparison, top Communication Services stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare TBH head-to-head with peers: TBH vs TIGO, TBH vs TGNA, TBH vs VZ.