Forgame Holdings Ltd. (FH0) Stock Price & Analysis

FH0 Stock Chart & Stats

€0.06-€0.00(-1.54%)

At close: Oct 30 1:00 AM GMT+1

Day’s Range: EUR 0.06 - EUR 0.06
52-Week Range: EUR 0.06 - EUR 0.11
Previous Close: EUR 0.07
Volume: N/A
Average Volume (3M): 0
Market Cap: EUR 11.73M
Enterprise Value: -EUR 252.79M
Total Cash (Recent Filing): EUR 314.77M
Total Debt (Recent Filing): EUR 3.31M
Price to Earnings (P/E): ―
Beta: 0.11
Next Earnings: Mar 26, 2027 (Est.)
EPS Estimate: N/A
Next Dividend Ex-Date: N/A
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

Revenue Rebound

The 2025 revenue rebound indicates that the company retained the ability to generate demand for its digital entertainment offerings despite prior volatility. If this recovery persists, higher scale could support improved operating leverage and provide a foundation for rebuilding the business over the next several quarters.

Conservative Leverage

Very low leverage reduces interest and refinancing pressure, giving Forgame greater flexibility to manage losses and allocate resources toward its game publishing and operating activities. A conservative capital structure also improves resilience if revenue remains volatile or additional investment is needed.

Narrowing Losses

The reduction in operating and net losses suggests some improvement in financial performance relative to 2024, even though profitability remains negative. Continued progress on loss reduction would lessen the cash burden of the business and improve the prospect of reaching sustainable earnings.

Bears Say

Severe Margin Compression

A gross margin near 3% leaves little economic buffer after the direct costs of delivering games and related services. The sharp multi-year compression indicates that revenue growth is not currently translating efficiently into gross profit, limiting the capacity to fund marketing, development, and operations.

Persistent Unprofitability

Large operating and net losses show that Forgame has not yet demonstrated dependable earnings power. Persistent unprofitability can constrain reinvestment in titles and platforms, while requiring the company to rely on its existing resources until the underlying economics of the business improve.

Negative Cash Generation

Recurring negative operating and free cash flow means reported revenue is not converting into cash available for reinvestment or balance-sheet strengthening. This increases reliance on existing resources to fund operations and makes sustained growth more difficult without a meaningful improvement in cash economics.

Forgame Holdings Ltd. News

Forgame Takes Delivery of Alibaba Shares After Equity-Linked Note Triggers

The latest announcement is out from Forgame Holdings Ltd. ( ($HK:0484) ). Forgame Holdings disclosed that it entered into an equity-linked fixed coupon note in September 2025 with a principal

3w agoFH0 0484

Forgame Narrows Interim Loss Despite Sharply Lower Revenue

An announcement from Forgame Holdings Ltd. ( ($HK:0484) ) is now available. Forgame Holdings Ltd. is a Cayman Islands–incorporated company listed in Hong Kong and primarily engaged in online gaming,

2M agoFH0 0484

Forgame Sets August Board Meeting to Review Interim Results and Dividend

Forgame Holdings Ltd. ( ($HK:0484) ) just unveiled an update. Forgame Holdings Limited has scheduled a board meeting for 21 August 2026 to review and approve the Group’s interim results

2M agoFH0 0484

Forgame fully exits Jinbei stake in discloseable share disposal

Forgame Holdings Ltd. ( ($HK:0484) ) has provided an announcement. Forgame Holdings Limited has exited its investment in Jinbei Automotive, a China-based designer and manufacturer of automotive interiors, seating systems

4M agoFH0 0484

Forgame Shareholders Back All AGM Resolutions, Renew Board Mandates

An update from Forgame Holdings Ltd. ( ($HK:0484) ) is now available. Forgame Holdings Limited reported that all resolutions at its 28 May 2026 annual general meeting in Hong Kong

5M agoFH0 0484

Forgame Sets 2026 AGM to Approve Results, Board Mandates and Share Issue Authority

The latest update is out from Forgame Holdings Ltd. ( ($HK:0484) ). Forgame Holdings Limited has called its annual general meeting for 28 May 2026 in Hong Kong, where shareholders

6M agoFH0 0484

Forgame exits Longfor stake in risk-driven portfolio shake-up

Forgame Holdings Ltd. ( ($HK:0484) ) has shared an update. Forgame Holdings Limited has sold its entire holding of 736,559 shares in Longfor Group on the open market on 10

6M agoFH0 0484

Forgame Takes Delivery of Longfor Shares After Equity-Linked Note Triggers Disclosable Deal

An announcement from Forgame Holdings Ltd. ( ($HK:0484) ) is now available. Forgame Holdings Limited has disclosed that it entered into an equity-linked fixed coupon note in September 2025 with

6M agoFH0 0484

Forgame’s 2025 Revenue Surges but Net Loss Widens Amid Global Headwinds

Forgame Holdings Ltd. ( ($HK:0484) ) has provided an announcement. Forgame reported operating revenue of about RMB155.6 million for 2025, an 88.4% increase year on year, but still below initial

7M agoFH0 0484

Forgame Updates Board Composition and Governance Roles

An update from Forgame Holdings Ltd. ( ($HK:0484) ) is now available. Forgame Holdings Limited has announced an updated list of its directors and clarified their respective roles and functions

7M agoFH0 0484

FH0 FAQ

What was Forgame Holdings Ltd.’s price range in the past 12 months?

Forgame Holdings Ltd. lowest stock price was €0.06 and its highest was €0.11 in the past 12 months.

What is Forgame Holdings Ltd.’s market cap?

Forgame Holdings Ltd.’s market cap is €11.73M.

When is Forgame Holdings Ltd.’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Forgame Holdings Ltd.’s earnings last quarter?

Forgame Holdings Ltd. released its earnings results on Aug 21, 2026. The company reported -€0.013 earnings per share for the quarter.

Is Forgame Holdings Ltd. overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Forgame Holdings Ltd. pay dividends?

Forgame Holdings Ltd. does not currently pay dividends.

What is Forgame Holdings Ltd.’s EPS estimate?

Forgame Holdings Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Forgame Holdings Ltd. have?

Forgame Holdings Ltd. has 171,725,080 shares outstanding.

What happened to Forgame Holdings Ltd.’s price movement after its last earnings report?

Forgame Holdings Ltd. reported an EPS of -€0.013 in its last earnings report. Following the earnings report the stock price went down -1.282%.

Which hedge fund is a major shareholder of Forgame Holdings Ltd.?

Currently, no hedge funds are holding shares in DE:FH0

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description