Goobit Group AB
Goobit Group AB (publ) provides crypto exchange services in Sweden. It also provides digital currencies and other crypto related services. The company offers exchange services of Swedish kronor and euros under the BTCX Express and Standard BTCX brand names. It serves private individuals, retail traders, and e-shops. The company was founded in 2012 and is based in Stockholm, Sweden.
Goobit Group AB (BTCX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of July 2025: 0.705x
Based on the latest financial reports, Goobit Group AB (BTCX) has a cash flow conversion efficiency ratio of 0.705x as of July 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Skr6.88 Million) by net assets (Skr9.77 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Goobit Group AB - Cash Flow Conversion Efficiency Trend (2019–2025)
This chart illustrates how Goobit Group AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Goobit Group AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Goobit Group AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Martello Technologies Group Inc
PINK:DRKOF
|
0.180x |
|
Quhuo Ltd
NASDAQ:QH
|
-0.051x |
|
CSP Steel Center Public Company Limited
BK:CSP
|
0.055x |
|
Ridgestone Mining Inc
PINK:RIGMF
|
-0.036x |
|
PT Lavender Bina Cendikia Tbk
JK:BMBL
|
0.013x |
|
UNITED CONTL
BE:UAL1
|
0.131x |
|
N1 Holdings Ltd
AU:N1H
|
8.014x |
|
Pushfor Investments Inc
PINK:PUSOF
|
-0.009x |
Annual Cash Flow Conversion Efficiency for Goobit Group AB (2019–2025)
The table below shows the annual cash flow conversion efficiency of Goobit Group AB from 2019 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-04-30 | Skr11.64 Million | Skr-5.06 Million | -0.435x | -153.55% |
| 2024-04-30 | Skr21.30 Million | Skr-3.65 Million | -0.172x | +82.83% |
| 2023-04-30 | Skr12.30 Million | Skr-12.29 Million | -0.999x | -182.69% |
| 2022-04-30 | Skr33.64 Million | Skr-11.89 Million | -0.353x | -220.91% |
| 2021-04-30 | Skr44.01 Million | Skr12.87 Million | 0.292x | +266.42% |
| 2020-04-30 | Skr8.70 Million | Skr694.00K | 0.080x | -61.14% |
| 2019-04-30 | Skr6.03 Million | Skr1.24 Million | 0.205x | -- |