Debt-free Balance SheetHaving no reported debt materially reduces refinancing and interest-rate risk, preserving strategic optionality. Over a multi-month horizon this strengthens resilience versus leveraged peers, lowering fixed financial costs and giving management flexibility to prioritize product investment or M&A without near-term debt pressure.

F2P Mobile, Live-ops FocusA concentrated free-to-play mobile and live-ops model aligns with durable industry trends: recurring engagement, in-app purchases and ad monetization. Skilled live-ops can sustain player retention and recurring revenue, providing a structural path to steady lifetime value if titles maintain engagement and content cadence.

Operating Cash Outflow Showing ImprovementA reduction in operating cash outflow signals improving cash efficiency and early traction on cost controls or revenue stabilization. Over the coming months this trend can materially extend runway, ease funding urgency, and indicate management actions are taking hold even if full self-funding has not yet been achieved.

Bears Say

Multi-year Revenue DeclineA steep, persistent revenue decline erodes scale economics crucial for mobile F2P (ad yield, UA efficiency, live-ops ROI). Over months this weakens the company's ability to invest in content and user acquisition, makes profitable growth harder to achieve, and increases reliance on external funding or a new hit title to reverse the trend.

Negative Gross Profit And MarginsNegative gross profit indicates core product economics are unprofitable before overheads, a structural issue that cannot be fixed by cutting SG&A alone. Over a 2–6 month horizon, persistently negative unit economics threaten viability unless product redesign, pricing changes, or substantial userbase quality improvements restore positive contribution margins.

Material Equity ErosionDeclining equity reduces the financial buffer against continued losses and limits the firm's capacity to absorb shocks or fund growth organically. Even without debt, the shrunken capital base increases probability of dilutive financing or constrained strategic choices in the medium term if profitability and cash generation do not improve.

QIIWI FAQ

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

Qiiwi Games AB lowest stock price was kr1.20 and its highest was kr4.70 in the past 12 months.

What is Qiiwi Games AB’s market cap?

Qiiwi Games AB’s market cap is kr14.43M.

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 56 days.

How were Qiiwi Games AB’s earnings last quarter?

Qiiwi Games AB released its earnings results on Feb 19, 2026. The company reported -kr0.1 earnings per share for the quarter, missing the consensus estimate of N/A by -kr0.1.

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 -kr0.1 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 0.267%.

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

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

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.