Fragbite Group AB
Fragbite Group AB (publ) develops and publishes games and esports content for the GAMING, ESPORTS, and WEB3 markets in the Nordic region. It develops various platforms, such as PC, mobile, and console and modern web3 platforms built on blockchain technology. The company was formerly known as FunRock AB and changed its name to Fragbite Group AB (publ) in June 2021. The company was founded in 2002 … Read more
Fragbite Group AB (FRAG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.211x
Based on the latest financial reports, Fragbite Group AB (FRAG) has a cash flow conversion efficiency ratio of -0.211x as of September 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 (Skr2.84 Million) by net assets (Skr-13.47 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Fragbite Group AB - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Fragbite 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.
Fragbite Group AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Fragbite Group AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
L&P Global Berhad
KLSE:0268
|
0.032x |
|
Addentax Group Corp
NASDAQ:ATXG
|
-0.005x |
|
GMP Property SOCIMI SA
MC:YGMP
|
0.013x |
|
EXACT THERAP. AS NK 0004
F:56F
|
N/A |
|
ReShape Lifesciences Inc
NASDAQ:RSLS
|
-0.771x |
|
Braille Energy Systems Inc
V:BES
|
-0.049x |
|
Propanc Biopharma, Inc. Common Stock
PINK:PPCB
|
-0.096x |
|
Ateliers Mecaniques D’Indonesie Tbk PT
JK:AMIN
|
0.114x |
Annual Cash Flow Conversion Efficiency for Fragbite Group AB (2019–2024)
The table below shows the annual cash flow conversion efficiency of Fragbite Group AB from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr80.89 Million | Skr-9.01 Million | -0.111x | -1049.27% |
| 2023-12-31 | Skr146.07 Million | Skr-1.42 Million | -0.010x | -103.63% |
| 2022-12-31 | Skr161.51 Million | Skr43.10 Million | 0.267x | +1280.02% |
| 2021-12-31 | Skr203.25 Million | Skr3.93 Million | 0.019x | +112.62% |
| 2020-12-31 | Skr67.66 Million | Skr-10.36 Million | -0.153x | +83.07% |
| 2019-12-31 | Skr15.68 Million | Skr-14.18 Million | -0.905x | -- |