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Qiiwi Games (QIIWI) investor relations material
Qiiwi Games Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue was SEK 9.411m and EBITDA SEK 0.907m, with positive EBIT of SEK 0.444m; growth was driven mainly by Wordington Solitaire.
Higher player activity and ARPDAU supported growth, while marketing spend rose as user acquisition was scaled.
Financial highlights
Q3 revenue SEK 9.411m vs SEK 3.490m YoY; EBITDA SEK 0.907m vs -SEK 0.838m; EBIT SEK 0.444m vs -SEK 1.613m.
Q3 net income SEK 0.445m vs net loss SEK 1.576m; EPS SEK 0.05 vs -SEK 0.17.
9M revenue SEK 18.943m vs SEK 11.655m; EBITDA SEK 0.784m vs -SEK 4.167m; EBIT -SEK 0.445m vs -SEK 6.858m.
9M net loss SEK 0.486m vs SEK 7.000m; EPS -SEK 0.05 vs -SEK 0.76.
Q3 operating cash flow was SEK 2.211m vs an outflow of SEK 1.318m YoY.
Outlook and guidance
Plan A Games partnership is in a three-month evaluation phase; meeting KPIs could lead to Phase 2 and a credit facility of up to $10m for higher marketing scale.
Q4 plans include adding features and evaluating whether projects advance; Tiny Hunter’s initial market tests were positive.
UA investment pace will be adjusted based on actual returns from newly acquired player cohorts.
Q4 testing will assess Backpacker Go! onboarding changes and guide future development.
- Q2 2026 saw revenue surge 99% year-over-year, led by Wordington Solitaire's strong growth.QIIWI
Q2 2026 - EBITDA improved 75% year-over-year as Wordington Solitaire became the top revenue driver.QIIWI
Q1 2026 - Q4 2025 delivered revenue growth, near break-even, and strong product momentum.QIIWI
Investor update - Sequential revenue growth and cost savings drive improved EBITDA as break-even nears.QIIWI
Q4 2025 - Backpacker® Go! drove sequential revenue growth and record conversion rates, offsetting declines.QIIWI
Q3 2025 - Revenue fell but EBITDA and ARPDAU improved as cost cuts and AI integration target profitability.QIIWI
Q2 2025 - Revenue dropped but margins improved as focus shifts to Backpacker® Go! global launch.QIIWI
Q3 2024 - Q2 2024 revenue grew 8% with improved margins, major updates, and a focus on positive cash flow.QIIWI
Q2 2024 - Losses narrowed and ARPDAU hit a record as revenue rose sequentially but scaling hurdles remain.QIIWI
Q1 2025
Next Qiiwi Games earnings date
Next Qiiwi Games earnings date
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