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.
Qiiwi Games AB (publ) (QIIWI) - Net Assets
Latest net assets as of September 2025: Skr16.87 Million SEK
Based on the latest financial reports, Qiiwi Games AB (publ) (QIIWI) has net assets worth Skr16.87 Million SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr18.12 Million) and total liabilities (Skr1.25 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr16.87 Million |
| % of Total Assets | 93.1% |
| Annual Growth Rate | 12.25% |
| 5-Year Change | 29.69% |
| 10-Year Change | 1113.46% |
| Growth Volatility | 112.84 |
Qiiwi Games AB (publ) - Net Assets Trend (2013–2024)
This chart illustrates how Qiiwi Games AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Qiiwi Games AB (publ) (2013–2024)
The table below shows the annual net assets of Qiiwi Games AB (publ) from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr23.98 Million | -22.39% |
| 2023-12-31 | Skr30.90 Million | -47.70% |
| 2022-12-31 | Skr59.07 Million | -20.41% |
| 2021-12-31 | Skr74.22 Million | +301.45% |
| 2020-12-31 | Skr18.49 Million | +21.08% |
| 2019-12-31 | Skr15.27 Million | -3.32% |
| 2018-12-31 | Skr15.79 Million | +14.88% |
| 2017-12-31 | Skr13.75 Million | +223.43% |
| 2016-12-31 | Skr4.25 Million | +115.13% |
| 2015-12-31 | Skr1.98 Million | -56.30% |
| 2014-12-31 | Skr4.52 Million | -32.78% |
| 2013-12-31 | Skr6.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qiiwi Games AB (publ)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1537800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr925.00K | 3.86% |
| Other Comprehensive Income | Skr-70.21 Million | -292.82% |
| Other Components | Skr93.27 Million | 388.96% |
| Total Equity | Skr23.98 Million | 100.00% |
Qiiwi Games AB (publ) Competitors by Market Cap
The table below lists competitors of Qiiwi Games AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Integritas Viager SA
PA:MLVIE
|
$1.09 Million |
|
RKVTF
PINK:RKVTF
|
$1.09 Million |
|
Tri Banyan Tirta Tbk
JK:ALTO
|
$1.09 Million |
|
Wang-Zheng Bhd
KLSE:7203
|
$1.09 Million |
|
Globe Kita Terang Tbk PT
JK:GLOB
|
$1.09 Million |
|
Hong Yuan Holding Group
PINK:HGYN
|
$1.09 Million |
|
Clime Investment Management Limited
PINK:LPDNF
|
$1.09 Million |
|
Inverite Insights Inc
PINK:INVRF
|
$1.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qiiwi Games AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,896,000 to 23,978,000, a change of -6,918,000 (-22.4%).
- Net loss of 7,028,000 reduced equity.
- Other comprehensive income decreased equity by 6,918,000.
- Other factors increased equity by 7,028,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-7.03 Million | -29.31% |
| Other Comprehensive Income | Skr-6.92 Million | -28.85% |
| Other Changes | Skr7.03 Million | +29.31% |
| Total Change | Skr- | -22.39% |
Book Value vs Market Value Analysis
This analysis compares Qiiwi Games AB (publ)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.60x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.71x to 0.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | Skr0.91 | Skr1.56 | x |
| 2014-12-31 | Skr0.61 | Skr1.56 | x |
| 2015-12-31 | Skr0.27 | Skr1.56 | x |
| 2016-12-31 | Skr0.58 | Skr1.56 | x |
| 2017-12-31 | Skr1.87 | Skr1.56 | x |
| 2018-12-31 | Skr1.92 | Skr1.56 | x |
| 2019-12-31 | Skr1.85 | Skr1.56 | x |
| 2020-12-31 | Skr2.25 | Skr1.56 | x |
| 2021-12-31 | Skr7.74 | Skr1.56 | x |
| 2022-12-31 | Skr6.39 | Skr1.56 | x |
| 2023-12-31 | Skr3.34 | Skr1.56 | x |
| 2024-12-31 | Skr2.59 | Skr1.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qiiwi Games AB (publ) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -29.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.39%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.09x
- Recent ROE (-29.31%) is below the historical average (-28.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 43.40% | 44.32% | 0.90x | 1.09x | Skr2.25 Million |
| 2014 | -15.59% | -18.59% | 0.75x | 1.12x | Skr-1.16 Million |
| 2015 | -128.85% | -134.64% | 0.78x | 1.22x | Skr-2.74 Million |
| 2016 | -43.78% | -51.11% | 0.76x | 1.12x | Skr-2.29 Million |
| 2017 | -20.18% | -28.28% | 0.67x | 1.07x | Skr-4.15 Million |
| 2018 | -33.82% | -29.71% | 1.01x | 1.13x | Skr-6.92 Million |
| 2019 | -2.78% | -1.92% | 1.19x | 1.21x | Skr-1.95 Million |
| 2020 | 17.53% | 3.12% | 3.09x | 1.82x | Skr1.39 Million |
| 2021 | -15.18% | -17.25% | 0.80x | 1.10x | Skr-18.03 Million |
| 2022 | -26.28% | -45.16% | 0.56x | 1.04x | Skr-21.43 Million |
| 2023 | -90.77% | -108.75% | 0.73x | 1.15x | Skr-31.13 Million |
| 2024 | -29.31% | -35.39% | 0.76x | 1.09x | Skr-9.43 Million |
Industry Comparison
This section compares Qiiwi Games AB (publ)'s net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $201,469,184
- Average return on equity (ROE) among peers: -22.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qiiwi Games AB (publ) (QIIWI) | Skr16.87 Million | 43.40% | 0.07x | $1.09 Million |
| BRAVE (BRAVE) | $6.57 Million | -257.66% | 2.59x | $1.26K |
| Coffee Stain Group B (COFFEE-B) | $1.46 Billion | 13.19% | 1.75x | $14.02K |
| Enad Global 7 AB (EG7) | $250.13 Million | -11.23% | 1.84x | $42.96 Million |
| Envar Holding AB (ENVAR) | $21.81 Million | 4.19% | 0.41x | $31.89K |
| Fantasma Games AB (FAGA) | $31.93 Million | 7.12% | 0.51x | $10.81 Million |
| Flexion Mobile PLC (FLEXM) | $13.08 Million | 4.11% | 1.13x | $8.27 Million |
| Fragbite Group AB (FRAG) | $161.51 Million | -63.84% | 1.37x | $2.89 Million |
| Fsport AB (FSPORT) | $48.55 Million | -32.26% | 0.07x | $118.91K |
| GiG Software PLC (GIG-SDB) | $11.93 Million | -0.52% | 6.35x | $44.07 Million |
| Hacksaw (HACK) | $13.19 Million | 108.13% | 0.95x | $1.26 Billion |