Debt-free Balance SheetQiiwi's lack of reported debt reduces interest burden and refinancing risk, preserving cash flow flexibility. Over a 2–6 month horizon this defensive capital structure supports operational continuity, enables priority funding for live-ops, and lowers the chance of forced capital raises during cyclical revenue dips.

High Gross MarginA ~77% gross margin indicates attractive product-level economics for mobile titles: content and monetization mechanics yield high incremental profit per user. This margin buffer gives management room to invest in UA and live-ops while protecting core unit economics, aiding longer-term monetization resilience.

Improving Cash BurnA narrowing cash burn trend signals management has begun reining in costs or improving operational efficiency. While FCF is still negative, the improvement increases runway and makes reaching break-even more plausible within months if top-line stabilizes or incremental revenue initiatives scale.

Bears Say

Persistent LossesSustained negative operating profitability and a roughly -40% net margin show the company is not yet generating economic profits from core operations. Over several months this erodes shareholder equity, limits reinvestment capacity, and forces reliance on financing unless structural profitability improvements occur.

Declining RevenueContinued top-line contraction reduces operating leverage and makes fixed costs harder to cover. A multi-year revenue decline weakens the company's ability to monetize existing titles and justify incremental UA spend, making margin recovery and durable cash-flow generation less likely without new successful releases.

Weakened Capital CushionA sharp decline in equity alongside continued negative free cash flow reduces financial flexibility to absorb shocks or invest in growth. Over the next several months this shrinking capital cushion raises the probability of external funding needs, dilutive financings, or constrained product investment cadence.

4UJ FAQ

What was Qiiwi Games AB’s price range in the past 12 months?

Qiiwi Games AB lowest stock price was €0.11 and its highest was €0.38 in the past 12 months.

What is Qiiwi Games AB’s market cap?

Qiiwi Games AB’s market cap is €1.62M.

When is Qiiwi Games AB’s upcoming earnings report date?

Qiiwi Games AB’s upcoming earnings report date is May 13, 2026 which is in 79 days.

How were Qiiwi Games AB’s earnings last quarter?

Qiiwi Games AB released its earnings results on Feb 19, 2026. The company reported -€0.009 earnings per share for the quarter, missing the consensus estimate of N/A by -€0.009.

Is Qiiwi Games AB overvalued?

According to Wall Street analysts Qiiwi Games AB’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Qiiwi Games AB pay dividends?

Qiiwi Games AB does not currently pay dividends.

What is Qiiwi Games AB’s EPS estimate?

Qiiwi Games AB’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Qiiwi Games AB have?

Qiiwi Games AB has 9,249,492 shares outstanding.

What happened to Qiiwi Games AB’s price movement after its last earnings report?

Qiiwi Games AB reported an EPS of -€0.009 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 1.22%.

Which hedge fund is a major shareholder of Qiiwi Games AB?

Currently, no hedge funds are holding shares in DE:4UJ

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Qiiwi Games AB

Qiiwi Games AB (publ) develops and publishes games for mobile platforms in Sweden. The company focuses on developing mobile games for casual gamers within the trivia, match-3, and word/puzzle genres. It has strategic cooperation agreements with All3Media International to develop and publish a word game for the detective drama Midsomer Murders and a match-3 game for the reality television series Kitchen Nightmares. The company was founded in 2012 and is based in Alingsås, Sweden.