Goodbye Kansas Group AB (GBK) AI Stock Analysis

• Market Cap: €35.96M
• Dividend Yield: N/A
• Average Volume (3M): 38.93K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.37
• Revenue Growth: 10.28%
• EPS Growth: 99.61%
• Country: SE
• Employees: 119
• Sector: Services
• Sector Strength: N/A
• Industry: Entertainment
• EPS (TTM): -0.40
• Shares Outstanding: 16,881,487
• 10 Day Avg. Volume: 28,949
• 30 Day Avg. Volume: 38,931
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €1.99
• Price Target Upside: -4.10% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: kr2.00 ▼(-3.38% Downside)

The overall stock score of 48 reflects significant financial challenges faced by Goodbye Kansas Group AB, including persistent losses and negative equity. While technical analysis shows some short-term strength, the long-term outlook remains weak. The negative P/E ratio further underscores valuation concerns. Strategic measures are needed to improve financial stability and investor confidence.

Goodbye Kansas Group AB Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Goodbye Kansas Group AB generates revenue primarily through its provision of visual effects and animation services to clients in the entertainment and gaming industries. Key revenue streams include project-based contracts for VFX in films and television series, production of cinematic game trailers, and development of virtual and augmented reality experiences for marketing and corporate clients. The company also benefits from strategic partnerships with production studios and gaming companies, which can lead to recurring work and long-term contracts. Additionally, Goodbye Kansas Group may monetize proprietary technology and intellectual property developed in-house, further diversifying its income sources.

Goodbye Kansas Group AB Financial Statement Overview

Summary

Goodbye Kansas Group AB is facing significant financial challenges, including persistent net losses, declining revenues, negative equity, and liquidity issues. These factors indicate a high risk of insolvency and financial instability.

Income Statement

Goodbye Kansas Group AB has faced significant challenges in its income statement, marked by consistent net losses and declining revenues. The gross profit margin remains positive but is overshadowed by negative EBIT and EBITDA margins, indicating operational inefficiencies. Revenue has decreased sharply from 2023 to 2024, which is a concerning trend for growth prospects.

Balance Sheet

The company's balance sheet is under strain, with a negative stockholders' equity in 2024 indicating insolvency risk. The debt-to-equity ratio is negative, reflecting this equity deficit. Total assets have diminished over the years, further weakening the company's financial position and limiting its leverage to navigate downturns.

Cash Flow

Cash flow statements reveal persistent negative free cash flow, though there is a slight improvement in operating cash flow from 2023 to 2024. However, the operating cash flow to net income ratio is unfavorable due to consistent net losses, highlighting ongoing liquidity challenges despite some financing inflows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	203.38M	172.56M	278.68M	288.33M	263.48M	161.30M
Gross Profit	159.66M	138.23M	201.11M	219.04M	214.36M	153.63M
EBITDA	-17.73M	-43.21M	-60.40M	-67.78M	-65.23M	-44.93M
Net Income	-22.31M	-52.47M	-109.09M	-126.41M	-150.35M	-85.03M
Balance Sheet
Total Assets	38.05M	43.56M	102.12M	274.40M	344.66M	307.70M
Cash, Cash Equivalents and Short-Term Investments	3.08M	17.50M	2.96M	3.62M	37.95M	25.34M
Total Debt	6.82M	18.72M	16.19M	14.40M	19.46M	5.83M
Total Liabilities	60.33M	62.60M	85.62M	286.54M	222.83M	128.80M
Stockholders Equity	-22.28M	-19.04M	16.50M	-12.14M	115.65M	174.13M
Cash Flow
Free Cash Flow	-4.24M	-41.52M	-61.20M	-84.67M	-36.04M	-71.40M
Operating Cash Flow	-1.85M	-41.42M	-58.75M	-34.47M	-637.00K	-39.53M
Investing Cash Flow	1.05M	3.39M	-10.67M	-54.56M	-34.64M	-17.50M
Financing Cash Flow	-482.00K	52.51M	67.81M	54.65M	47.87M	45.23M

Goodbye Kansas Group AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.07
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:GBK, the sentiment is Negative. The current price of 2.07 is below the 20-day moving average (MA) of 2.26, below the 50-day MA of 2.21, and below the 200-day MA of 2.64, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 43.13 is Neutral, neither overbought nor oversold. The STOCH value of 40.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:GBK.

Goodbye Kansas Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENRO	67 Neutral	€298.47M	3.88	29.16%	9.64%	-0.73%	107.66%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
GBK	48 Neutral	€35.96M	―	―	―	10.28%	99.61%
GCOR	41 Neutral	€151.26M	―	-541.56%	―	31.74%	21.54%
FRAG	41 Neutral	€72.82M	―	-295.85%	―	-12.12%	23.81%
QIIWI	39 Underperform	€25.99M	―	-27.12%	―	-38.91%	78.01%
MAV	32 Underperform	€4.96M	―	―	―	-49.10%	78.84%