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Qiiwi Games (QIIWI) investor relations material
Qiiwi Games Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary21 Aug, 2025
Executive summary
Revenue for Q2 2025 was 3,266 TSEK, down from 5,413 TSEK year-over-year, mainly due to lower performance from key game titles.
EBITDA improved to -1,761 TSEK from -1,976 TSEK year-over-year, with further improvement expected as cost savings take effect.
Strategic reorganization included a 50% staff reduction, closure of the Cyprus subsidiary, and full integration of AI into operations.
Positive month-over-month revenue trends within the quarter, led by Backpacker® Go! and Wordington.
CFO resignation and increased ownership by the chairman were announced after the period.
Financial highlights
Revenue: 3,266 TSEK (down from 5,413 TSEK year-over-year).
EBITDA: -1,761 TSEK (improved from -1,976 TSEK year-over-year).
EBIT: -2,706 TSEK (improved from -2,966 TSEK year-over-year).
Net result after tax: -2,733 TSEK (improved from -2,908 TSEK year-over-year).
Cash and short-term investments at period end totaled 14,773 TSEK.
Outlook and guidance
Further EBITDA improvement anticipated in coming quarters as cost-saving measures take full effect, targeting break-even on a monthly basis by year-end.
Focus remains on achieving positive cash flow and leveraging AI for operational scaling.
Quantify monthly cost reduction from reorg
AI's impact on marketing and content creation
Revenue contribution from new focus games
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Next Qiiwi Games earnings date
Q3 202513 Nov, 2025
Next Qiiwi Games earnings date
Q3 202513 Nov, 2025
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Frequently asked questions
Qiiwi Games develops, publishes and distributes games for mobile platforms. It also develops other entertainment applications for platforms on the Internet and mobile communication networks. The company's current operations started in 2012 and is based in Stockholm.
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