Thunderful Group AB (THUNDR) AI Stock Analysis

• Market Cap: kr86.06M
• Dividend Yield: N/A
• Average Volume (3M): 194.56K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.75
• Revenue Growth: -81.92%
• EPS Growth: 26.19%
• Country: SE
• Employees: 297
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): -1.45
• Shares Outstanding: 407,866,240
• 10 Day Avg. Volume: 167,602
• 30 Day Avg. Volume: 194,558
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.08
• Price to Sales (P/S): 0.16
• P/FCF Ratio: 0.60
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: kr0.00 ▼(-100.00% Downside)

Thunderful Group AB's overall stock score is significantly impacted by its poor financial performance and valuation metrics. The company's financial health is concerning, with declining revenues and profitability, negative cash flows, and a negative P/E ratio. Technical analysis also indicates bearish trends, further contributing to the low score.

Positive Factors

Low Debt Levels

Thunderful Group AB's low debt levels provide financial flexibility and reduce the risk of insolvency, allowing the company to focus on strategic initiatives without the burden of high-interest obligations.

Diverse Revenue Streams

Thunderful Group AB's diverse revenue streams mitigate risk by not relying on a single income source, enhancing resilience against market fluctuations and enabling sustained growth through multiple channels.

Expanding Portfolio

By continuously expanding its gaming portfolio, Thunderful Group AB can capture a wider audience, increase market share, and drive long-term revenue growth through new and engaging content offerings.

Negative Factors

Declining Revenue

Thunderful Group AB's declining revenue trend indicates challenges in maintaining market competitiveness and customer engagement, which could hinder future growth and profitability if not addressed.

Negative Cash Flow

Persistent negative cash flow poses a threat to Thunderful Group AB's operational sustainability, limiting its ability to invest in growth opportunities and meet financial obligations without external funding.

Negative Profit Margins

Negative profit margins reflect operational inefficiencies and cost management issues, which could undermine Thunderful Group AB's ability to achieve profitability and deliver shareholder value in the long term.

Thunderful Group AB Business Overview & Revenue Model

Company Description

Thunderful Group AB develops, publishes, and invests in games in Sweden, Norway, Finland, Denmark, and internationally. It operates in two segments, Thunderful Games and Thunderful Distribution. The Thunderful Games segment develops, publishes, and invests in games, including SteamWorld Tower Defense, Swing King, Pinch, Anthill, Pinch 2, Fatty, Pinch 2 Special Edition, SteamWorld Dig, Stick It To the Man!, Chip, Esper, Zombie Vikings, SteamWorld Heist, Esper 2, Zombie Vikings: Stab-a-thon, Shu, SteamWorld Dig II, Augmented Empire, A Night Sky, Flipping Death, Fe, They Suspect Nothing, SteamWorld Quest, Ghost Giant, Shadow Point, Wavetale, The Gunk, and Lost in Random. The Thunderful Distribution segment distributes and sells Nintendo hardware and software products, and accessories, as well as gaming accessories, boxed games, and merchandise, and toys. The company was founded in 1965 and is headquartered in Gothenburg, Sweden.

How the Company Makes Money

Thunderful Group AB generates revenue through multiple streams, primarily from game sales, both physical and digital, across various platforms such as consoles, PC, and mobile. The company benefits from sales of its own developed games as well as those published by its subsidiaries. Additionally, Thunderful earns revenue through partnerships with other game developers, where it acts as a publisher, taking a percentage of the sales. The company may also generate income through downloadable content (DLC) and in-game purchases, which enhance player engagement and extend the lifecycle of its games. Strategic collaborations with platform holders and participation in game-related events contribute to brand visibility and sales growth, further solidifying its revenue base.

Thunderful Group AB Financial Statement Overview

Summary

Thunderful Group AB is facing significant financial challenges. The income statement shows declining revenues and profitability, the balance sheet reflects poor returns on equity despite low leverage, and cash flow statements indicate liquidity issues. The company needs strategic interventions to stabilize and improve its financial health.

Income Statement

Thunderful Group AB's income statement reveals significant challenges. The company has experienced negative revenue growth and declining margins over the TTM period. Gross profit margin is unusually high due to accounting anomalies, but net profit margin and EBIT margin are deeply negative, indicating substantial losses. The negative revenue growth rate further exacerbates the situation, reflecting a declining top line.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio, suggesting conservative leverage. However, the return on equity is negative, highlighting inefficiencies in generating returns from equity. The equity ratio is stable, indicating a solid capital structure, but the negative ROE is a concern for potential investors.

Cash Flow

Cash flow analysis indicates severe issues with negative operating and free cash flows in the TTM period. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is unfavorable, suggesting cash flow challenges. The free cash flow to net income ratio is positive but not sufficient to offset the overall negative cash flow trends.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	271.60M	292.80M	2.82B	3.03B	3.14B	3.05B
Gross Profit	252.80M	323.10M	885.00M	1.02B	880.40M	678.90M
EBITDA	-4.70M	-69.40M	88.10M	344.60M	302.10M	276.40M
Net Income	-879.60M	-887.50M	-609.40M	121.20M	132.20M	137.40M
Balance Sheet
Total Assets	370.30M	772.90M	3.19B	3.67B	3.62B	2.46B
Cash, Cash Equivalents and Short-Term Investments	22.60M	31.00M	209.10M	56.60M	60.20M	305.10M
Total Debt	92.60M	23.50M	611.20M	206.30M	382.10M	19.20M
Total Liabilities	172.30M	194.90M	1.81B	1.69B	1.82B	967.90M
Stockholders Equity	198.00M	578.00M	1.38B	1.98B	1.80B	1.49B
Cash Flow
Free Cash Flow	-113.10M	79.60M	-22.90M	266.50M	-192.60M	-120.40M
Operating Cash Flow	-13.70M	241.30M	315.40M	497.50M	-64.90M	-88.60M
Investing Cash Flow	-97.70M	136.60M	-330.20M	-301.70M	-316.80M	-155.60M
Financing Cash Flow	112.40M	-559.20M	167.80M	-234.10M	134.40M	509.00M

Thunderful Group AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.21
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:THUNDR, the sentiment is Negative. The current price of 0.21 is below the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.21, and below the 200-day MA of 0.48, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.69 is Neutral, neither overbought nor oversold. The STOCH value of 55.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:THUNDR.

Thunderful Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
SOZAP	51 Neutral	€5.56M	-0.55	―	―	-22.05%	51.46%
GCOR	41 Neutral	€148.35M	―	―	―	32.83%	13.34%
NITRO	41 Neutral	kr35.99M	-19.75	―	―	-18.60%	-118.88%
FRAG	41 Neutral	€69.14M	-0.47	-229.41%	―	-10.21%	-1.15%
THUNDR	40 Underperform	kr86.06M	―	―	―	-81.92%	26.19%
QIIWI	39 Underperform	€29.32M	-5.15	-31.43%	―	-34.32%	70.25%