Fragbite Group AB (publ) FRAG.ST · SEK
Communication Services · Nasdaq Stockholm · 🇸🇪 Sweden
6.24
+3.31%
Close of 9 Nov 2026, in SEK
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About Fragbite Group AB (publ)
Its shares trade on Nasdaq Stockholm under the ticker FRAG.ST. It has been listed since 12 July 2021. In the fiscal year to 31 December 2025, it reported revenue of SEK 143.9m and net income of SEK 7.6m. At that date it held total assets of SEK 94.9m and shareholders' equity of SEK 66.8m.
Fragbite Group AB operates as a mobile game company. The company is headquartered in Stockholm, Stockholm. The company went IPO on 2021-07-12. The firm was founded in December 2014 and is located in Stockholm, Sweden. Funrock is a mobile gaming studio company. Funrock's focus is on strategy games, like the Clash of Clan (Supercell) for mobile phones and tablets, towards the Arab market (Arabic and English language) with Arabic profile.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Communication Services
- Industry
- Entertainment
- Listed since
- 12 Jul 2021
- Website
- fragbitegroup.com ↗
Leadership
Pay as last reported
- Mr. Michael LundgrenChairman of the Board, since 2025
- Mr. Stefan TengvallInterim Chief Executive OfficerSEK 409,000
- Ms. Inger HasselbergActing Chief Financial Officer, Head of Financial Control
- Mr. Xavier LiardCEO of Playdigious
- Mr. Daniel PereauxCEO of Fragbite AB
- Mr. Magdy ShehataCEO of FunRock och Prey
- Mr. Niclas BergkvistBoard MemberSEK 108,000
- Mr. Mikael PetterssonBoard Member, since 2024SEK 24,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Fragbite Group AB has a strong focus on strategy games like Clash of Clans for mobile platforms.
- Funrock targets the Arab market with Arabic and English language support for strategy games.
- The company's mobile gaming studio, Funrock, focuses on strategy games for the Arab market.
Weaknesses
- Fragbite Group AB's business is limited to mobile gaming with no diversification into other sectors.
- The company's strategy games are primarily focused on the Arab market, limiting global reach.
- Funrock's strategy games are dependent on mobile platforms, which may face competition from other gaming platforms.
Opportunities
- Fragbite Group AB can expand its strategy games to other regions beyond the Arab market.
- The mobile gaming industry is growing rapidly, offering opportunities for Fragbite to increase its market share.
- Fragbite Group AB can leverage its expertise in strategy games to develop new titles for global audiences.
Threats
- Fragbite Group AB faces competition from established mobile gaming companies like Supercell.
- The mobile gaming market is highly competitive, with many players vying for market share.
- Fragbite Group AB's reliance on mobile platforms makes it vulnerable to changes in mobile technology trends.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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