Sweden's Goodbye Kansas Q1 net sales rise 25%, helped by games segment

Goodbye Kansas AB

22/05/2026 07:12

Overview

Sweden visual content provider's Q1 net sales rose 25% yr/yr to SEK 56.9 mln

Company posted positive EBIT and EBITDA, reversing losses from prior year

Order intake fell 82%, but order book up 58% yr/yr; major new contracts signed post-quarter

Outlook

Goodbye Kansas says focus remains on converting sales opportunities into profitable projects

Company says technology, data and AI are key to improving efficiency and margins

Goodbye Kansas remains confident in delivering profitability for the full yr

Result Drivers

GAMES SEGMENT - Company said Games remains its strongest market position and main driver of revenue and capability development

COMMERCIAL FOCUS - Co attributed improved results to stronger commercial focus and prioritizing high-quality, repeatable projects with global clients

FINANCIAL DISCIPLINE - Improved cash flow and net debt position credited to financial discipline and debt repayment

Company press release: ID:nMFNqZynq

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
SEK 56.90 mln
Q1 EBIT
SEK 1.70 mln
Q1 EBITDA
SEK 2.20 mln
Q1 Pretax Profit
SEK 2.30 mln


Analyst Coverage

Wall Street's median 12-month price target for Goodbye Kansas Group AB is SEK2.70, about 79% above its May 21 closing price of SEK1.51

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)