YOLFTbeta
Fragbite Group AB

Fragbite Group AB

FRAG · ST · Communication Services / Electronic Gaming & Multimedia

5.90SEK+0.44 (+8.06%)

Price History

Full chart

Market Stats

Previous Close5.46
Open6.22
Day Range5.90 – 6.22
52-Week Range4.23 – 19.95
Volume318
Market Cap49.59M
P/E (TTM)0.74
Forward P/E0.00
EPS8.29
Dividend Yield0.00%
Beta0.71
50-Day Avg5.68
200-Day Avg6.26

About

Fragbite Group AB (publ) develops and publishes games, game engines, game products, and esports content in Sweden. The company develops Ips; and operates tournament concepts and an editorial business. It also offers marketing services in esports and gaming, as well as operates an advertising network. The company was formerly known as FunRock AB and changed its name to Fragbite Group AB (publ) in June 2021. Fragbite Group AB (publ) was founded in 2002 and is headquartered in Stockholm, Sweden.

Company Details

  • SectorCommunication Services
  • IndustryElectronic Gaming & Multimedia
  • CEOMr. Michael Lundgren
  • Employees46
  • HeadquartersLinnégatan 51, Stockholm, Sweden, 114 58, Sweden
  • Websitehttps://www.fragbitegroup.com

Leadership

  • Mr. Michael LundgrenActing CEO, President & Director · b. 1971
  • Ms. Charlotta DeuschlInterim Group Chief Accountant
  • Ms. Erika MattssonChief Communication Officer
  • Mr. Joakim HoglundHead of Studio
  • Ms. Inger HasselbergHead of Financial Control · b. 1970
  • Mr. Magdy ShehataChief Executive Officer of Funrock & Prey Studios · b. 1990
  • Mr. Daniel PereauxChief Executive Officer of Fragbite AB · b. 1988
  • Anders GyllenbergCEO of Fall Damage Studio AB

Financials

Income Statement

Currency: SEK2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.24M4.60M124.04M254.06M237.20M213.23M143.85M
Growth (%)-+270.32%+2599.21%+104.82%-6.64%-10.10%-32.54%
Cost of Revenue-3.15M-1.83M81.26M181.35M133.26M94.87M225.61M
Gross Profit4.39M6.42M42.78M72.70M103.94M118.36M-81.76M
Gross Margin353.89%139.79%34.49%28.62%43.82%55.51%-56.83%
Operating Expense17.48M28.76M88.53M155.93M200.67M260.12M10.55M
Operating Income-13.09M-22.34M-45.75M-83.22M-96.73M-141.76M-92.30M
Operating Margin-1055.09%-486.05%-36.88%-32.76%-40.78%-66.48%-64.17%
EBITDA-7.80M-13.20M-10.48M-2.55M8.88M7.79M941.00K
EBITDA Margin-628.59%-287.35%-8.45%-1.00%3.74%3.65%0.65%
Net Income-13.81M-22.80M-50.40M-103.11M-53.15M-128.98M7.62M
Net Income Margin-1113.27%-496.17%-40.63%-40.59%-22.41%-60.49%5.30%
R&D5.29M7.74M16.36M4.03M7.31M--
R&D as % of Total Revenue426.51%168.33%13.19%1.59%3.08%--
Interest Expense32.23K233.00K443.00K13.11M-8.40M-
Interest Expense % of Total Revenue2.60%5.07%0.36%5.16%-3.94%-

Balance Sheet

Currency: SEK2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets58.85M21.96M72.26M304.26M383.00M984.52M193.06M94.88M
Total Liabilities4.37M6.28M4.60M101.00M221.49M838.45M112.17M28.04M
Total Equity54.48M15.68M67.66M203.25M161.51M146.07M80.89M66.84M
Cash12.15M1.47M4.86M87.46M40.99M25.05M9.41M38.13M
Total Debt-4.75M-46.49M56.85M40.40M29.18M-
Net Debt-12.15M3.28M-4.86M-40.97M15.86M15.34M19.77M-38.13M

Cash Flow

Currency: SEK2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-14.18M-10.36M3.93M43.10M-1.42M-9.01M-1.31M
Investing Cash Flow-6.40M3.05M-73.01M-141.24M-55.08M-44.04M43.69M
Financing Cash Flow9.08M10.71M151.56M47.73M40.27M37.28M-12.38M
Capital Expenditure6.40M7.23M7.36M35.92M33.85M10.35M39.73M
Free Cash Flow-20.58M-17.60M-3.42M7.18M-35.27M-19.36M-41.04M
FCF to OCF145.16%169.81%-87.15%16.65%2492.30%214.97%3123.59%

Earnings

Report DateSep 30, 2021Feb 25, 2022May 25, 2022Aug 24, 2022Nov 15, 2022Feb 23, 2023May 12, 2023Aug 17, 2023Nov 23, 2023Feb 22, 2024May 16, 2024Aug 20, 2024Nov 14, 2024Feb 20, 2025May 21, 2025Aug 26, 2025Nov 14, 2025Feb 20, 2026May 8, 2026Aug 26, 2026
EPS Estimate----0.000.00---0.30-----------
EPS Actual-10.02-0.17-0.25-0.35-125.00-5.30-20.36-26.5513.500.16-0.20-9.85-4.86-6.38-2.52-6.27-1.6410.55-0.79-0.46
Surprise--------4600.00%-----------
Timing-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market--After-hours-----

Key Statistics & Ratios

Market Cap49.59M
Enterprise Value33.09M
Trailing P/E0.74
Forward P/E0.00
Price / Sales0.74
Price / Book0.83
EPS8.29
Book Value7.03
Revenue (TTM)66.86M
Gross Profit (TTM)24.03M
EBITDA-15.68M
Profit Margin90.79%
Operating Margin-58.56%
Return on Equity218.38%
Return on Assets-17.40%
Shares Outstanding8.08M
Shares Float5.05M
Beta0.71
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Stock Splits

  • Dec 5, 20241:500
  • Jun 27, 20241054:141