XSTOFRAG
Market cap4mUSD
Dec 23, Last price
7.65SEK
1D
2.00%
1Q
30,500.00%
IPO
72.30%
Name
Fragbite Group AB (publ)
Chart & Performance
P/E
—
P/S
0.22
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
237m
-6.64%
Net income
-53m
L-48.46%
CFO
-1m
L
Earnings
May 21, 2025
Profile
Fragbite Group AB (publ) operates as a digital gaming entertainment company in the Nordic region. It develops, publishes, distributes, and markets mobile games through its game development studios, including Lucky Kat, FunRock Development, and Prey Studios; and arranges and broadcasts e-sports tournaments live. The company was founded in 2002 and is headquartered in Stockholm, Sweden. Fragbite Group AB was a former subsidiary of FunRock Media AB.
Valuation
Title SEK in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | ||||||
Revenues | 237,198 -6.64% | 254,059 104.82% | 124,041 2,599.21% | |||
Cost of revenue | 140,569 | 208,340 | 117,757 | |||
Unusual Expense (Income) | ||||||
NOPBT | 96,629 | 45,719 | 6,284 | |||
NOPBT Margin | 40.74% | 18.00% | 5.07% | |||
Operating Taxes | 4,953 | 6,782 | 4,207 | |||
Tax Rate | 5.13% | 14.83% | 66.95% | |||
NOPAT | 91,676 | 38,937 | 2,077 | |||
Net income | (53,148) -48.46% | (103,112) 104.60% | (50,396) 121.02% | |||
Dividends | ||||||
Dividend yield | ||||||
Proceeds from repurchase of equity | 36,685 | 38,621 | 109,925 | |||
BB yield | -2.43% | -11.13% | -21.77% | |||
| Debt | ||||||
Debt current | (1,875) | 26,534 | 15,000 | |||
Long-term debt | 14,752 | 30,317 | 31,487 | |||
Deferred revenue | ||||||
Other long-term liabilities | 678,325 | 77,898 | 10,131 | |||
Net debt | (12,178) | 15,545 | (42,778) | |||
| Cash flow | ||||||
Cash from operating activities | (1,415) | 43,096 | 3,930 | |||
CAPEX | (490) | (35,919) | (7,355) | |||
Cash from investing activities | (55,075) | (141,235) | (73,008) | |||
Cash from financing activities | 40,267 | 47,731 | 151,565 | |||
FCF | 146,049 | 38,025 | 1,865 | |||
| Balance | ||||||
Cash | 25,055 | 40,993 | 87,460 | |||
Long term investments | 313 | 1,805 | ||||
Excess cash | 13,195 | 28,603 | 83,063 | |||
Stockholders' equity | (245,995) | (194,164) | (113,911) | |||
Invested Capital | 1,110,783 | 487,462 | 373,445 | |||
ROIC | 11.47% | 9.05% | 0.82% | |||
ROCE | 11.17% | 15.59% | 2.42% | |||
| EV | ||||||
Common stock shares outstanding | 810,797 | 88,959 | 63,111 | |||
Price | 1.86 -52.31% | 3.90 -51.25% | 8.00 | |||
Market cap | 1,508,083 334.68% | 346,942 -31.28% | 504,887 | |||
EV | 1,495,905 | 362,487 | 462,109 | |||
EBITDA | 209,550 | 140,849 | 41,548 | |||
EV/EBITDA | 7.14 | 2.57 | 11.12 | |||
Interest | 13,109 | 443 | ||||
Interest/NOPBT | 28.67% | 7.05% | ||||