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Fragbite Group (FRAG) investor relations material
Fragbite Group Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved positive net profit of SEK 6.8 million for 2025, reversing a SEK 129 million loss in 2024.
Strong cash flow and a balanced capital structure following strategic divestments and cost reductions.
Business size reduced due to sale of Playdigious and Web3 subsidiaries, with focus now on profitable, sustainable growth.
New strategic platform adopted, emphasizing Gaming, Esports, and Bitcoin Treasury.
Financial highlights
Full-year revenue of SEK 143.9 million, down from SEK 213.2 million in 2024, mainly due to divestments.
Adjusted EBITDA for 2025 at SEK 0.0 million, compared to SEK 13.3 million in 2024.
EBIT for 2025 at SEK -91.4 million, improved from SEK -141.8 million in 2024, including SEK 44 million goodwill impairment.
Net profit after tax of SEK 6.8 million, compared to a loss of SEK 129 million in 2024.
Diluted EPS of SEK 0.94 for 2025, up from SEK -19.02 in 2024.
Outlook and guidance
Focus on profitable growth in Gaming, expansion into iGaming, and leveraging Bitcoin for yield.
Esports business area aims to return to profitability in 2026 after a challenging 2025.
Target to hold 100 BTC by end of Q2 2027.
- Cost cuts, new projects, and Koban token launch set the stage for profitability and growth.FRAG
Status Update22 Jan 2026 - Kumo NFT, physical launches, and node sales set the stage for 2025 growth and expansion.FRAG
Status Update12 Jan 2026 - Divestments drove lower Q3 revenue, but cash flow improved and Bitcoin Treasury was launched.FRAG
Q3 202513 Nov 2025 - Revenue fell and losses deepened in Q2, but cost cuts and new Bitcoin strategy signal a shift.FRAG
Q2 202526 Aug 2025 - Revenue fell on delayed releases, but cost cuts and financing improved EBITDA and liquidity.FRAG
Q3 202413 Jun 2025 - Revenue fell and losses persisted, but cost cuts and new game launches aim to restore profitability.FRAG
Q2 202413 Jun 2025 - Delayed launches weighed on Q1, but new releases and esports events are set to boost H2 2025.FRAG
Q1 20256 Jun 2025 - Improved Q4 EBITDA and cost efficiency offset a challenging year marked by impairments and restructuring.FRAG
Q4 20245 Jun 2025
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