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Kinda Brave
Kinda Brave (BRAVE) investor relations material
Kinda Brave Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary27 Feb, 2026
Executive summary
Focused on developing flagship game HELA and strengthening financial position ahead of 2026 launch year.
Strategic financing actions included loan extensions, refinancing, and new investment from Eros Capital Partners.
HELA gained significant international attention, with 777,765 wishlists and over 110 million organic views.
HELA received global exposure through major gaming events and won two Gamescom 2025 awards.
Financial highlights
Q4 2025 net revenue: 0.1 MSEK (Q4 2024: 0 MSEK); full year 2025: 0.5 MSEK (2024: 1.6 MSEK).
Q4 2025 EBITDA: -5.1 MSEK (Q4 2024: -8.7 MSEK); full year 2025 EBITDA: -19.7 MSEK (2024: -21.8 MSEK).
Q4 2025 net result: -12.8 MSEK (Q4 2024: -16.0 MSEK); full year 2025 net result: -37.0 MSEK (2024: -31.6 MSEK).
Cash at year-end: 14.4 MSEK (2024: 1.0 MSEK).
Equity at year-end: 2.3 MSEK (2024: 15.2 MSEK).
Outlook and guidance
Entering 2026 with improved capital structure and high international anticipation for HELA's launch.
Continued focus on cost control, financial optimization, and delivering a successful game launch.
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Next Kinda Brave earnings date
Q1 20268 May, 2026
Kinda Brave
Next Kinda Brave earnings date
Q1 20268 May, 2026
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Frequently asked questions
Kinda Brave Entertainment Group is a Sweden-based company operating in the video game industry. The company focuses on the development, publishing, and distribution of digital games across various platforms. It supports independent game studios by providing funding, production resources, marketing, and distribution services. The company is headquartered in Gothenburg, Sweden, and its shares are listed on the NGM.
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