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LL Lucky Games AB (SE:EMB)
:EMB
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LL Lucky Games AB (EMB) AI Stock Analysis

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SE:EMB

LL Lucky Games AB

(EMB)

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Neutral 66 (OpenAI - Gpt-5.6Sol)
Rating:66Neutral
Price Target:
kr0.64
▼(-34.54% Downside)
Action:Reiterated
Date:08/24/26
The score is driven primarily by improving fundamentals—profitability and cash flow have shifted meaningfully positive—tempered by the sharp TTM revenue decline and only moderate balance-sheet comfort. Technicals are mixed (below the 200-day and MACD slightly negative), while valuation is reasonable on earnings (P/E 14.7) but lacks dividend support.
Positive Factors
Profitability turnaround
The shift to positive earnings and stronger operating profit improves internal funding capacity and reduces dependence on external capital. If profitability persists, it can support reinvestment, resilience and sustainable business development over the next several quarters.
Negative Factors
Sharp TTM revenue decline
A shrinking top line is a durable concern because it can weaken operating leverage, limit reinvestment and challenge customer or product traction. Sustained revenue pressure could also make the recent earnings recovery harder to maintain.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability turnaround
The shift to positive earnings and stronger operating profit improves internal funding capacity and reduces dependence on external capital. If profitability persists, it can support reinvestment, resilience and sustainable business development over the next several quarters.
Read all positive factors

LL Lucky Games AB (EMB) vs. iShares MSCI Sweden ETF (EWD)

LL Lucky Games AB Business Overview & Revenue Model

Company Description
Based in Stockholm, Sweden, EMB Mission Bound AB (publ) specializes in the creation, development, and promotion of digital slot machines for gaming operators worldwide, with a strong focus on the Asian market. Established in 2019, their comprehens...
How the Company Makes Money
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LL Lucky Games AB Financial Statement Overview

Summary
Financials show a clear turnaround: profitability improved from heavy losses in 2023–2024 to positive earnings in 2025 and stronger TTM, and cash generation is solid with stronger TTM free cash flow. The key risk is a sharp TTM revenue decline, and the balance sheet improvement is relatively recent with debt rising versus 2025.
Income Statement
72
Positive
Balance Sheet
66
Positive
Cash Flow
74
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue165.78M165.65M92.06M28.86M5.02M1.93M
Gross Profit126.41M158.90M84.37M22.08M7.66M890.90K
EBITDA44.42M35.12M7.46M-41.21M-31.37M-19.27M
Net Income15.97M5.16M-22.13M-64.90M-41.57M-21.36M
Balance Sheet
Total Assets114.31M81.17M82.18M73.06M24.46M21.36M
Cash, Cash Equivalents and Short-Term Investments20.22M4.59M8.74M8.96M341.42K728.08K
Total Debt26.84M15.78M24.50M23.58M14.00M16.13M
Total Liabilities56.25M35.38M44.90M36.21M20.92M20.02M
Stockholders Equity58.05M45.79M37.28M36.85M104.00K1.34M
Cash Flow
Free Cash Flow27.76M14.31M-8.94M-41.10M-39.21M-32.49M
Operating Cash Flow33.39M22.72M7.84M-26.09M-32.10M-17.02M
Investing Cash Flow-8.95M-10.09M-18.86M-18.03M2.53M-15.97M
Financing Cash Flow-15.12M-16.04M11.12M53.22M29.16M32.16M

LL Lucky Games AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
kr23.89B12.026.29%
66
Neutral
kr178.21M10.6425.38%13.22%
63
Neutral
kr465.86M20.165.44%3.22%-19.67%-68.42%
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
55
Neutral
kr45.51M-13.30-36.10%0.55%39.66%
53
Neutral
kr118.39M-2.96-9999.00%57.81%9.24%
51
Neutral
kr208.25M-21.14-3.33%13.12%4.39%-6331.67%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:EMB
LL Lucky Games AB
0.58
-0.23
-27.95%
SE:G5EN
G5 Entertainment AB
64.00
-26.74
-29.47%
SE:QIIWI
Qiiwi Games AB
5.80
2.75
90.16%
SE:GCOR
Gaming Corps AB
0.82
-0.32
-27.93%
SE:MAGI
MAG Interactive AB
7.96
-6.19
-43.75%
SE:HACK
Hacksaw AB
82.25
16.05
24.24%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 24, 2026