Fragbite Group AB (FRAG) AI Stock Analysis

• Market Cap: kr46.68M
• Dividend Yield: N/A
• Average Volume (3M): 7.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.60
• Revenue Growth: -10.10%
• EPS Growth: 15.98%
• Country: SE
• Employees: 130
• Sector: Communication Services
• Sector Strength: 81
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): -6.38
• Shares Outstanding: 7,340,223
• 10 Day Avg. Volume: 5,999
• 30 Day Avg. Volume: 7,796
• PEG Ratio: <0.01
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.34
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall stock score is primarily impacted by Fragbite Group AB's financial struggles, with negative profitability and cash flow posing significant risks. Technical indicators suggest weak momentum and a potential for volatility, while valuation metrics further diminish attractiveness due to a negative P/E ratio and lack of dividends. These factors combined result in a low overall score.

Fragbite Group AB Business Overview & Revenue Model

Company Description

Fragbite Group AB (FRAG) is a Sweden-based company that operates in the digital entertainment sector, primarily focusing on esports and gaming. The company engages in a variety of activities including the production, distribution, and monetization of gaming and esports content. Fragbite Group's core offerings include organizing esports tournaments, creating engaging gaming content, and providing advertising and media services for its audience and partners.

How the Company Makes Money

Fragbite Group AB makes money through multiple revenue streams centered around its digital entertainment and esports operations. The company earns revenue from advertising and sponsorship deals associated with its esports tournaments and gaming content. Additionally, Fragbite generates income through media rights sales and partnerships with gaming platforms and brands. Another significant revenue stream is derived from its content distribution channels, which may include subscription models, pay-per-view events, and collaborations with streaming platforms. These activities are supported by alliances with key stakeholders in the esports and gaming industries, enhancing the company's reach and monetization capabilities.

Fragbite Group AB Financial Statement Overview

Summary

Fragbite Group AB is facing considerable financial challenges, with persistent losses impacting profitability metrics. While revenue is growing, inefficiencies and high costs are eroding margins. The balance sheet is relatively stable, but cash flow issues and ongoing losses pose significant risks to financial health.

Income Statement

The company has shown revenue growth, with a notable increase from the previous year. However, the gross profit margin and net income remain negative, indicating ongoing profitability challenges. The EBIT and EBITDA margins are weak, which reflects operational inefficiencies.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, indicating manageable leverage. However, the return on equity is negative due to consistent net losses, which is a significant concern. The equity ratio is reasonable, suggesting a stable capital structure.

Cash Flow

The company has significant negative free cash flow, and there is a declining trend in operating cash flow, which is concerning. The operating cash flow to net income ratio is poor due to negative net income, indicating challenges in converting income into cash.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
265.09M	237.20M	254.06M	124.04M	4.60M
	Gross Profit
118.36M	103.94M	72.70M	42.78M	6.42M
	EBIT
2.62M	-96.73M	-83.22M	-45.75M	-22.34M
	EBITDA
7.79M	8.88M	11.91M	-10.48M	-13.44M
	Net Income Common Stockholders
-128.98M	-53.15M	-103.11M	-50.40M	-22.80M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.41M	25.05M	40.99M	87.46M	4.86M
	Total Assets
193.06M	984.52M	383.00M	304.26M	72.26M
	Total Debt
29.18M	40.40M	56.85M	46.49M	0.00
	Net Debt
19.77M	15.34M	15.86M	-40.97M	-4.86M
	Total Liabilities
112.17M	838.45M	221.49M	101.00M	4.60M
	Stockholders Equity
80.89M	146.07M	161.51M	203.25M	67.66M
Cash Flow		Free Cash Flow
-19.36M	-35.27M	7.18M	-3.42M	-17.60M
	Operating Cash Flow
-9.01M	-1.42M	43.10M	3.93M	-10.36M
	Investing Cash Flow
-44.04M	-55.08M	-141.24M	-73.01M	3.05M
	Financing Cash Flow
37.28M	40.27M	47.73M	151.56M	10.71M

Fragbite Group AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.36
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:FRAG, the sentiment is Negative. The current price of 6.36 is below the 20-day moving average (MA) of 7.11, below the 50-day MA of 7.53, and below the 200-day MA of 9.01, indicating a bearish trend. The MACD of -0.33 indicates Positive momentum. The RSI at 44.53 is Neutral, neither overbought nor oversold. The STOCH value of 26.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:FRAG.

Fragbite Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$13.44B	7.15	-2.73%	3.79%	2.11%	-39.64%
SOZAP	51 Neutral	kr6.89M	―	-39.62%	―	16.78%	12.64%
FRAG	47 Neutral	kr46.68M	―	-78.42%	―	-10.10%	15.98%
GCOR	41 Neutral	kr149.08M	―	-594.93%	―	13.74%	21.17%
QIIWI	39 Underperform	kr22.29M	―	-25.37%	―	-23.00%	74.94%
ADVBOX	26 Underperform	€47.11M	―	-730.10%	―	-70.70%	-19.31%