Sweden's Fragbite posts Q4 revenue of SEK 10.3 mln after divestments

Fragbite AB (publ)

19/02/2026 07:55

Overview

Swedish gaming and esports firm's Q4 revenue was SEK 10.3 mln, reflecting strategic divestments

Adjusted EBITDA deficit mainly due to parent company operations and Bitcoin Treasury costs

Company invested in Bitcoin and iGaming to expand business operations

Outlook

Fragbite aims for positive operating income and cash flow in the near term

Company plans to expand Gaming through more client projects and selective investments

Fragbite to leverage Bitcoin for recurring yield in 2026

Result Drivers

STRATEGIC DIVESTMENTS - Co's revenue and size reduced due to divestment of Playdigious, impacting comparability with prior periods

COST REDUCTIONS - Negative adjusted EBITDA reduced by SEK 3.5 mln due to cost reductions and increased revenues in FunRock's hybrid work-for-hire unit

BITCOIN TREASURY - Co established Bitcoin Treasury, incurring costs but aiming for long-term yield through options trading

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
SEK 10.30 mln


Press Release: ID:nMFN334DxV

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)