Narrowing Losses / Reduced Cash BurnReported materially narrower losses and sharply reduced cash burn in 2025 versus 2022–2024. That improvement lengthens runway and lowers near-term refinancing pressure, giving management more time to execute operational fixes, stabilize margins, and convert efficiency gains into durable profitability.

Moderate Absolute LeverageLeverage in absolute terms is moderate with debt small versus total assets in 2025. This provides some financial flexibility to access incremental financing or structure project credit lines without a large fixed interest burden, supporting the operational recovery if revenue stabilizes.

Specialized End-to-end VFX/animation ServicesCore offering covers concept-to-delivery CGI, VFX and animation for film, TV, advertising and games. That end-to-end capability and technical specialization create client stickiness, high entry barriers, and recurring project demand from a structurally growing content ecosystem, supporting sustainable revenue opportunities.

Bears Say

Persistent Losses & Negative EquityThe company has reported multi-year net losses and negative shareholders' equity in 2024–2025, which undermine solvency metrics and limit strategic options. Persistent deficits can force dilutive capital raises or asset disposals, constraining long-term investment in production capacity and talent retention.

Chronic Negative Cash GenerationOperating cash flow and free cash flow were negative across all reported years, implying ongoing cash burn despite improvement. Reliance on external funding erodes financial resilience, increases refinancing risk, and can force short-term liquidity prioritization over long-term content investments and client commitments.

Revenue Decline Limiting LeverageRevenue fell materially (≈14% YoY in 2025 after a prior sharp decline), reducing operating leverage in a project-based business. Lower top-line volume raises per-project fixed-cost absorption, pressures margins, and makes cash flow timing more volatile, complicating sustainable margin recovery and capacity planning.

GBK FAQ

What was Goodbye Kansas Group AB’s price range in the past 12 months?

Goodbye Kansas Group AB lowest stock price was kr1.10 and its highest was kr6.45 in the past 12 months.

What is Goodbye Kansas Group AB’s market cap?

Goodbye Kansas Group AB’s market cap is kr27.96M.

When is Goodbye Kansas Group AB’s upcoming earnings report date?

Goodbye Kansas Group AB’s upcoming earnings report date is May 22, 2026 which is in 87 days.

How were Goodbye Kansas Group AB’s earnings last quarter?

Goodbye Kansas Group AB released its earnings results on Feb 06, 2026. The company reported -kr0.224 earnings per share for the quarter, missing the consensus estimate of N/A by -kr0.224.

Is Goodbye Kansas Group AB overvalued?

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

Does Goodbye Kansas Group AB pay dividends?

Goodbye Kansas Group AB does not currently pay dividends.

What is Goodbye Kansas Group AB’s EPS estimate?

Goodbye Kansas Group AB’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Goodbye Kansas Group AB have?

Goodbye Kansas Group AB has 21,346,579 shares outstanding.

What happened to Goodbye Kansas Group AB’s price movement after its last earnings report?

Goodbye Kansas Group AB reported an EPS of -kr0.224 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -18.947%.

Which hedge fund is a major shareholder of Goodbye Kansas Group AB?

Currently, no hedge funds are holding shares in SE:GBK

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

Goodbye Kansas Group AB

Goodbye Kansas Group AB (publ) supplies technology driven visual contents. It develops products and solutions based on Augmented Reality (AR), Virtual Reality, VFX production, cinematics, performance capture and scanning, digital humans, and real time animation. The company also offers virtual training solutions; SaaS solutions in 3D/AR for e-commerce; and location based mobile games, as well as produces 3D animated films. It serves customers in the TV, film, streaming, gaming, and e-commerce industries. The company was formerly known as Bublar Group AB (publ) and changed its name to Goodbye Kansas Group AB (publ) in May 2021. Goodbye Kansas Group AB (publ) was incorporated in 2015 and is headquartered in Stockholm, Sweden.