Qiiwi Games AB (publ) (QIIWI) - Net Assets

Latest as of September 2025: Skr16.87 Million SEK ≈ $1.82 Million USD

Based on the latest financial reports, Qiiwi Games AB (publ) (QIIWI) has net assets worth Skr16.87 Million SEK (≈ $1.82 Million USD) 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 ≈ $1.95 Million USD) and total liabilities (Skr1.25 Million ≈ $134.63K USD). 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. Check Qiiwi Games AB (publ) asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Qiiwi Games AB (publ)'s balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Qiiwi Games AB (publ).

Year	Net Assets	Change
2024-12-31	Skr23.98 Million ≈ $2.58 Million	-22.39%
2023-12-31	Skr30.90 Million ≈ $3.32 Million	-47.70%
2022-12-31	Skr59.07 Million ≈ $6.36 Million	-20.41%
2021-12-31	Skr74.22 Million ≈ $7.99 Million	+301.45%
2020-12-31	Skr18.49 Million ≈ $1.99 Million	+21.08%
2019-12-31	Skr15.27 Million ≈ $1.64 Million	-3.32%
2018-12-31	Skr15.79 Million ≈ $1.70 Million	+14.88%
2017-12-31	Skr13.75 Million ≈ $1.48 Million	+223.43%
2016-12-31	Skr4.25 Million ≈ $457.48K	+115.13%
2015-12-31	Skr1.98 Million ≈ $212.65K	-56.30%
2014-12-31	Skr4.52 Million ≈ $486.64K	-32.78%
2013-12-31	Skr6.73 Million ≈ $723.93K	--

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
Greenwave Technology Solutions Inc. Common Stock NASDAQ:GWAV	$2.07 Million
Keystone Law Group PLC LSE:KEYS	$2.08 Million
Sonoma Pharmaceuticals Inc NASDAQ:SNOA	$2.08 Million
Korab Resources Ltd AU:KOR	$2.08 Million
Baillie Gifford China Growth Trust PLC LSE:BGCG	$2.07 Million
BioRestorative Therapies Inc NASDAQ:BRTX	$2.07 Million
Enveric Biosciences Inc NASDAQ:ENVB	$2.07 Million
Fonix Mobile plc LSE:FNX	$2.06 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: 0.80x
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 2.27x to 0.80x 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	Skr2.08	x
2014-12-31	Skr0.61	Skr2.08	x
2015-12-31	Skr0.27	Skr2.08	x
2016-12-31	Skr0.58	Skr2.08	x
2017-12-31	Skr1.87	Skr2.08	x
2018-12-31	Skr1.92	Skr2.08	x
2019-12-31	Skr1.85	Skr2.08	x
2020-12-31	Skr2.25	Skr2.08	x
2021-12-31	Skr7.74	Skr2.08	x
2022-12-31	Skr6.39	Skr2.08	x
2023-12-31	Skr3.34	Skr2.08	x
2024-12-31	Skr2.59	Skr2.08	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: $2,937,623,795
Average return on equity (ROE) among peers: -272.62%

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	$2.07 Million
Enad Global 7 AB (EG7)	$2.64 Million	16.53%	1.35x	$159.05 Million
Embracer Group AB (publ) (EMBRAC-B)	$27.17 Billion	1.06%	0.24x	$1.45 Billion
Flexion Mobile PLC (FLEXM)	$2.21 Million	-28.92%	0.41x	$17.69 Million
Fragbite Group AB (FRAG)	$80.89 Million	-159.45%	1.39x	$5.56 Million
Fsport AB (FSPORT)	$3.21 Million	-697.11%	2.97x	$1.78 Million
G5 Entertainment publ AB (G5EN)	$104.36 Million	6.53%	0.41x	$47.35 Million
GiG Software PLC (GIG-SDB)	$20.92 Million	-309.23%	5.46x	$35.93 Million
LL Lucky Games publ AB (LADYLU)	$1.34 Million	-1593.62%	14.94x	$18.02 Million
MAG Interactive AB (publ) (MAGI)	$94.06 Million	41.50%	0.35x	$22.52 Million
Modern Times Group Mtg AB (MTG-A)	$1.90 Billion	-3.50%	2.25x	$5.19 Million

About Qiiwi Games AB (publ)

ST:QIIWI Sweden Electronic Gaming & Multimedia

Market Cap

$2.07 Million

Skr19.24 Million SEK

Market Cap Rank

#29651 Global

#690 in Sweden

Share Price

Skr2.08

Change (1 day)

+2.97%

52-Week Range

Skr1.38 - Skr4.31

All Time High

Skr63.00