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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.
Partial view of Summaries dataset, powered by Quartr API
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Latest events from Kinda Brave
- HELA achieved global acclaim and new financing, positioning for a 2026 launch despite Q3 losses.BRAVE
Q3 20257 Nov 2025 - HELA's global exposure and strong wishlist growth set the stage for a major 2026 launch.BRAVEQ2 202515 Aug 2025
- Losses widened in Q3 despite new publishing deals and capital raise, with "Hela" in focus.BRAVEQ3 202413 Jun 2025
- Major publishing deal and stock market listing set stage for revenue growth in Q3.BRAVEQ2 202413 Jun 2025
- HELA's global momentum grows as Kinda Brave invests for future revenue and secures liquidity.BRAVEQ1 20256 Jun 2025
- Negative results offset by new financing and strong momentum for HELA's launch.BRAVEQ4 20246 Jun 2025
Next Kinda Brave earnings date
Q1 20268 May, 2026
Kinda Brave
Next Kinda Brave earnings date
Q1 20268 May, 2026
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