Affiliate-based Revenue ModelA commission-driven affiliate model aligns revenue with partner performance and is inherently scalable with traffic growth. Multiple streams—performance commissions, advertising and subscriptions—reduce single-source risk and support durable cash flows as user engagement and partner networks expand.

Positive Revenue Growth TrendMid-teens trailing revenue growth indicates sustained demand for lead generation and content in gaming verticals. Over a 2–6 month horizon, persistent organic growth supports margin recovery and reinvestment capacity, underpinning longer-term scalability of the digital affiliate model.

Improving Cash GenerationRecent TTM free cash flow growth and positive operating cash flow to net income suggest better cash conversion and operational discipline. This strengthens the company's ability to fund operations, reduce leverage, and invest in product and marketing without relying heavily on external financing.

Bears Say

Negative Profitability MarginsPersistent negative net, EBIT and EBITDA margins indicate the business has yet to translate revenue into sustainable profits. Over months this constrains reinvestment, limits retained earnings, and raises reliance on cash reserves or financing to cover operating needs during growth initiatives.

Historical Leverage And Negative ROEAlthough debt has improved, a negative ROE and history of high leverage increase vulnerability to revenue shocks. Capital structure constraints can limit strategic flexibility, raise financing costs, and hinder ability to pursue M&A or invest aggressively in user acquisition during competitive cycles.

Volatile Free Cash Flow HistoryEven with recent FCF improvement, past volatility signals inconsistent cash generation and potential working capital swings. This undermines forecasting reliability, complicates budgeting for marketing and product investments, and raises the risk that shortfalls could disrupt strategic plans.

ACROUD FAQ

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

Acroud AB lowest stock price was kr0.05 and its highest was kr0.44 in the past 12 months.

What is Acroud AB’s market cap?

Acroud AB’s market cap is kr167.58M.

When is Acroud AB’s upcoming earnings report date?

Acroud AB’s upcoming earnings report date is Feb 25, 2026 which is in 8 days.

How were Acroud AB’s earnings last quarter?

Acroud AB released its earnings results on Nov 25, 2025. The company reported -kr0.006 earnings per share for the quarter, missing the consensus estimate of N/A by -kr0.006.

Is Acroud AB overvalued?

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

Does Acroud AB pay dividends?

Acroud AB does not currently pay dividends.

What is Acroud AB’s EPS estimate?

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

How many shares outstanding does Acroud AB have?

Acroud AB has 1,279,221,100 shares outstanding.

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

Acroud AB reported an EPS of -kr0.006 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 0.714%.

Which hedge fund is a major shareholder of Acroud AB?

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

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

Acroud AB

Acroud AB (publ) owns, develops, and operates comparison and news sites in Sweden. The company operates through iGaming Affiliation and Software as a Service (SaaS) segments. It also engages in the Casino, Poker and Betting business. In addition, the company develops and offers SaaS solutions in the affiliate industry; and provides streaming services, as well as runs the gaming event The Festival Series. Further, it offers media creator access to a large pool of gaming campaigns. The company was formerly known as Net Gaming Europe AB (publ) and changed its name to Acroud AB (publ) in July 2020. Acroud AB (publ) was founded in 2003 and is headquartered in Gzira, Malta. Acroud AB (publ) was formerly a subsidiary of Henrik Kvick AB.