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Fractal Gaming Group AB (SE:FRACTL)
:FRACTL
Sweden Market
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Fractal Gaming Group AB (FRACTL) AI Stock Analysis

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SE:FRACTL

Fractal Gaming Group AB

(FRACTL)

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Neutral 47 (OpenAI - Gpt-5.6Sol)
Rating:47Neutral
Price Target:
kr14.00
▼(-0.71% Downside)
Action:Reiterated
Date:08/20/26
The score is primarily constrained by sharply weakening financial performance (revenue decline, negative margins, and cash burn), which outweighs the balance sheet strength. Technicals are neutral-to-weak with the stock still well below the 200-day average, and valuation is hampered by loss-making results reflected in a negative P/E.
Positive Factors
Conservative Balance Sheet
Very low leverage and substantial equity provide financial flexibility to absorb operating volatility, fund product development, and support the business through a recovery without relying heavily on new debt.
Negative Factors
Sharp Revenue Contraction
The significant revenue decline signals weaker demand, channel inventory pressure, or lost share. Sustained contraction would reduce operating leverage and make it harder to support product investment, marketing, and distribution costs.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Very low leverage and substantial equity provide financial flexibility to absorb operating volatility, fund product development, and support the business through a recovery without relying heavily on new debt.
Read all positive factors

Fractal Gaming Group AB (FRACTL) vs. iShares MSCI Sweden ETF (EWD)

Fractal Gaming Group AB Business Overview & Revenue Model

Company Description
Operating internationally, Fractal Gaming Group AB (publ) specializes in providing a variety of products tailored for PC gaming enthusiasts. Their extensive catalog features vital components such as computer cases, power supplies, sophisticated wa...
How the Company Makes Money
Fractal Gaming Group primarily makes money by selling PC hardware products under the Fractal brand, with revenue recognized from product sales through a network of distributors, resellers, and retail/e-commerce partners. Its key revenue streams ar...

Fractal Gaming Group AB Financial Statement Overview

Summary
Overall financials are under heavy pressure: TTM revenue fell 19.49% and the company swung to a net loss with negative gross margin (-17.0%). Cash generation is also weak with negative operating cash flow (-7.1M) and deeply negative free cash flow (-35.5M). The main offset is a strong, conservatively financed balance sheet (debt-to-equity ~0.01, substantial equity), which provides runway but does not negate the current earnings and cash-flow deterioration.
Income Statement
34
Negative
Balance Sheet
72
Positive
Cash Flow
29
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue581.20M809.50M697.90M773.30M485.57M478.56M
Gross Profit-98.90M49.20M293.70M315.33M188.14M167.02M
EBITDA-100.00K76.70M88.00M138.30M39.58M12.15M
Net Income-23.20M32.50M47.70M89.65M10.69M-4.36M
Balance Sheet
Total Assets548.50M642.50M661.90M597.09M536.83M564.55M
Cash, Cash Equivalents and Short-Term Investments18.00M17.00M50.60M20.35M3.89M4.27M
Total Debt5.60M27.20M9.31M23.35M121.55M145.19M
Total Liabilities164.00M230.10M245.96M229.59M258.65M297.56M
Stockholders Equity384.50M412.40M415.90M367.50M278.18M266.99M
Cash Flow
Free Cash Flow-35.50M6.70M62.91M117.60M25.01M-74.27M
Operating Cash Flow-7.10M16.20M75.65M146.41M56.93M-48.29M
Investing Cash Flow-37.10M-28.60M-31.03M-28.85M-31.92M-25.75M
Financing Cash Flow-3.60M-18.50M-16.70M-101.06M-24.39M63.21M

Fractal Gaming Group AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price14.10
Price Trends
50DMA
14.20
Positive
100DMA
14.73
Negative
200DMA
18.71
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
53.22
Neutral
STOCH
40.29
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:FRACTL, the sentiment is Positive. The current price of 14.1 is below the 20-day moving average (MA) of 14.33, below the 50-day MA of 14.20, and below the 200-day MA of 18.71, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 53.22 is Neutral, neither overbought nor oversold. The STOCH value of 40.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:FRACTL.

Fractal Gaming Group AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
kr51.34M2.71-33.33%
57
Neutral
kr198.20M74.503.25%-21.20%-39.49%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
50
Neutral
kr121.83M-2.54
49
Neutral
kr34.75M-5.8299.56%2.71%61.66%
47
Neutral
kr421.81M-18.21-27.64%-147.01%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:FRACTL
Fractal Gaming Group AB
14.46
-22.84
-61.23%
SE:GBK
Goodbye Kansas Group AB
1.63
-0.40
-19.80%
SE:GIG
GiG Software PLC Shs Swedish Depository Receipt Repr 1 Sh
1.72
-3.99
-69.88%
SE:BRAVE
Kinda Brave Entertainment Group AB
2.39
0.47
24.48%
SE:NITRO
Nitro Games Plc
2.06
0.50
32.05%
SE:CDMIL
Codemill AB
14.55
-1.00
-6.43%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 20, 2026