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) liquidity interval to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
BuilderSmart Public Company Limited
BK:BSM
|
0.083x |
|
Netmedia Group S.A.
PA:ALNMG
|
-1.917x |
|
CrownHaitai Holdings Co Ltd Preference Shares
KO:005745
|
0.026x |
|
Foresight Enterprise VCT PLC
LSE:FTF
|
-0.001x |
|
Piippo OYJ
HE:PIIPPO
|
1.127x |
|
Supreme PLC
LSE:SUP
|
0.044x |
|
SpectraCure AB
ST:SPEC
|
-0.048x |
|
Treatt PLC
LSE:TET
|
0.018x |
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.