Qiiwi Games (QIIWI) Investor update summary
Event summary combining transcript, slides, and related documents.
Investor update summary
16 Mar, 2026Financial performance and operational highlights
Achieved SEK 3.6m in Q4 2025 revenue, with best EBITDA of the year at SEK -0.6m.
Ended Q4 2025 with SEK 13.2m in cash, maintaining a stable live operations base.
Full cost-saving measures to be realized from Q1 2026, positioning for near break-even.
Strategic focus and growth drivers
Emphasizes board game principles and hybrid-casual loops for engaging mobile experiences.
Targets 35+ board game enthusiasts in North America and Europe.
Focuses on building scalable, proprietary IP mobile games for long-term value.
Product and market performance
Backpacker® Go! posted 25% sequential and 95% YoY revenue growth in Q4 2025.
Conversion rate for Backpacker® Go! increased to 1.50%, up 87% YoY.
Partial view of Summaries dataset, powered by Quartr API
Latest events from Qiiwi Games
- 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.QIIWIQ1 2026
- Sequential revenue growth and cost savings drive improved EBITDA as break-even nears.QIIWIQ4 2025
- Backpacker® Go! drove sequential revenue growth and record conversion rates, offsetting declines.QIIWIQ3 2025
- Revenue fell but EBITDA and ARPDAU improved as cost cuts and AI integration target profitability.QIIWIQ2 2025
- Revenue dropped but margins improved as focus shifts to Backpacker® Go! global launch.QIIWIQ3 2024
- Q2 2024 revenue grew 8% with improved margins, major updates, and a focus on positive cash flow.QIIWIQ2 2024
- Losses narrowed and ARPDAU hit a record as revenue rose sequentially but scaling hurdles remain.QIIWIQ1 2025
- Positive EBITDA and net profit in Q4 2024, led by Backpacker® Go! and cost optimization.QIIWIQ4 2024