Qiiwi Games AB (publ) (QIIWI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Qiiwi Games AB (publ) (QIIWI) has a cash flow conversion efficiency ratio of -0.078x 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 (Skr-1.32 Million ≈ $-141.84K USD) by net assets (Skr16.87 Million ≈ $1.82 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Qiiwi Games AB (publ) (QIIWI) net asset quality to measure how much of total assets are equity-financed.
Qiiwi Games AB (publ) - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Qiiwi Games AB (publ)'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check QIIWI cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Qiiwi Games AB (publ) Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Qiiwi Games AB (publ) ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
UTime Limited
NASDAQ:WTO
|
0.019x |
|
Playgon Games Inc
V:DEAL
|
0.038x |
|
Abpro Holdings, Inc.
NYSE:ABP
|
0.146x |
|
Renold
LSE:RNO
|
0.166x |
|
CrownHaitai Holdings Co Ltd Preference Shares
KO:005745
|
0.026x |
|
Sabio Holdings Inc
V:SBIO
|
-0.163x |
|
Kancera AB (publ)
ST:KAN
|
-0.227x |
|
Superior Mining International Corp
V:SUI
|
0.002x |
Annual Cash Flow Conversion Efficiency for Qiiwi Games AB (publ) (2014–2024)
The table below shows the annual cash flow conversion efficiency of Qiiwi Games AB (publ) from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see QIIWI market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr23.98 Million ≈ $2.58 Million |
Skr-6.41 Million ≈ $-690.25K |
-0.267x | +43.85% |
| 2023-12-31 | Skr30.90 Million ≈ $3.32 Million |
Skr-14.72 Million ≈ $-1.58 Million |
-0.476x | -152.74% |
| 2022-12-31 | Skr59.07 Million ≈ $6.36 Million |
Skr-11.13 Million ≈ $-1.20 Million |
-0.188x | -12.99% |
| 2021-12-31 | Skr74.22 Million ≈ $7.99 Million |
Skr-12.38 Million ≈ $-1.33 Million |
-0.167x | -130.31% |
| 2020-12-31 | Skr18.49 Million ≈ $1.99 Million |
Skr10.18 Million ≈ $1.10 Million |
0.550x | +277.25% |
| 2019-12-31 | Skr15.27 Million ≈ $1.64 Million |
Skr-4.74 Million ≈ $-510.31K |
-0.311x | +15.78% |
| 2018-12-31 | Skr15.79 Million ≈ $1.70 Million |
Skr-5.82 Million ≈ $-626.76K |
-0.369x | -115.00% |
| 2017-12-31 | Skr13.75 Million ≈ $1.48 Million |
Skr-2.36 Million ≈ $-253.76K |
-0.172x | +58.76% |
| 2016-12-31 | Skr4.25 Million ≈ $457.48K |
Skr-1.77 Million ≈ $-190.27K |
-0.416x | +67.44% |
| 2015-12-31 | Skr1.98 Million ≈ $212.65K |
Skr-2.52 Million ≈ $-271.62K |
-1.277x | -7320.10% |
| 2014-12-31 | Skr4.52 Million ≈ $486.64K |
Skr80.00K ≈ $8.61K |
0.018x | -- |
About Qiiwi Games AB (publ)
Qiiwi Games AB (publ) develops mobile games for casual gamers in Sweden. It sells its products through mobile platforms, such as Store, GooglePlay, Facebook, and Amazon. The company was incorporated in 2005 and is based in Alingsås, Sweden.