Recent Insider Transactions • Jun 07
Independent Chairman recently bought kr151k worth of stock On the 29th of May, Per-Anders Wärn bought around 108k shares on-market at roughly kr1.40 per share. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Per-Anders' only on-market trade for the last 12 months. Reported Earnings • May 23
First quarter 2026 earnings released First quarter 2026 results: Revenue: kr58.0m (up 28% from 1Q 2025). Net income: kr2.26m (up kr7.70m from 1Q 2025). Profit margin: 3.9% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Reported Earnings • Apr 23
Full year 2025 earnings released: kr0.94 loss per share (vs kr2.39 loss in FY 2024) Full year 2025 results: kr0.94 loss per share (improved from kr2.39 loss in FY 2024). Revenue: kr175.8m (up 1.9% from FY 2024). Net loss: kr35.1m (loss narrowed 33% from FY 2024). New Risk • Apr 21
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr19m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-kr30m). Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Market cap is less than US$10m (kr56.2m market cap, or US$6.16m). Announcement • Apr 01
Goodbye Kansas Group AB (publ), Annual General Meeting, May 08, 2026 Goodbye Kansas Group AB (publ), Annual General Meeting, May 08, 2026, at 10:00 W. Europe Standard Time. Location: company`s premises at hammarbyterrassen 3, stockholm Sweden Reported Earnings • Feb 07
Full year 2025 earnings released: kr0.94 loss per share (vs kr2.94 loss in FY 2024) Full year 2025 results: kr0.94 loss per share (improved from kr2.94 loss in FY 2024). Revenue: kr175.0m (up 1.4% from FY 2024). Net loss: kr35.1m (loss narrowed 33% from FY 2024). Reported Earnings • Nov 07
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: kr43.6m (flat on 3Q 2024). Net loss: kr8.16m (loss narrowed 24% from 3Q 2024). Reported Earnings • Aug 24
Second quarter 2025 earnings released: kr0.40 loss per share (vs kr1.17 loss in 2Q 2024) Second quarter 2025 results: kr0.40 loss per share (improved from kr1.17 loss in 2Q 2024). Revenue: kr43.1m (up 59% from 2Q 2024). Net loss: kr13.1m (loss narrowed 47% from 2Q 2024). Announcement • Aug 22
Goodbye Kansas Group AB (publ) to Report Fiscal Year 2025 Results on Feb 06, 2026 Goodbye Kansas Group AB (publ) announced that they will report fiscal year 2025 results on Feb 06, 2026 Reported Earnings • May 02
First quarter 2025 earnings released First quarter 2025 results: Revenue: kr45.6m (up 49% from 1Q 2024). Net loss: kr5.45m (loss narrowed 77% from 1Q 2024). Reported Earnings • Mar 31
Full year 2024 earnings released: kr2.94 loss per share (vs kr492 loss in FY 2023) Full year 2024 results: kr2.94 loss per share (improved from kr492 loss in FY 2023). Revenue: kr172.6m (down 39% from FY 2023). Net loss: kr52.5m (loss narrowed 52% from FY 2023). Announcement • Mar 15
Goodbye Kansas Group AB (publ), Annual General Meeting, Apr 16, 2025 Goodbye Kansas Group AB (publ), Annual General Meeting, Apr 16, 2025, at 10:00 W. Europe Standard Time. Location: at the company`s premises, at hammarbyterrassen 3, stockholm Sweden Reported Earnings • Feb 07
Full year 2024 earnings released: kr2.39 loss per share (vs kr492 loss in FY 2023) Full year 2024 results: kr2.39 loss per share (improved from kr492 loss in FY 2023). Revenue: kr175.3m (down 38% from FY 2023). Net loss: kr52.5m (loss narrowed 52% from FY 2023). Reported Earnings • Nov 10
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr44.1m (down 44% from 3Q 2023). Net loss: kr10.7m (loss narrowed 93% from 3Q 2023). Recent Insider Transactions • Sep 16
Independent Chairman recently bought kr308k worth of stock On the 11th of September, Per Wärn bought around 375k shares on-market at roughly kr0.82 per share. This transaction amounted to 61% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Per's only on-market trade for the last 12 months. Reported Earnings • Aug 25
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr27.3m (down 67% from 2Q 2023). Net loss: kr24.8m (loss narrowed 9.5% from 2Q 2023). Announcement • Aug 22
An undisclosed buyer signed a letter of intent to acquire Plotagon AB from Goodbye Kansas Group AB (publ) (OM:GBK). An undisclosed buyer signed a letter of intent to acquire Plotagon AB from Goodbye Kansas Group AB (publ) (OM:GBK) on August 22, 2024. Announcement • Jun 14
Goodbye Kansas Group AB (publ) Announces Board Appointments Goodbye Kansas Group AB (publ) at its AGM held on June 13, 2024, approved appointments of Thomas Lindgren, Naveen Paul and Rajeev Sharma as new members. Thomas Lindgren has experience from CEO and Board roles in the gaming industry as well as experience from sales, business development, transformation, M&A and corporate finance. In 2019, Thomas was Chairman of Goodbye Kansas Game Invest and Goodbye Kansas Holding AB, where he developed the strategy and supported the management team in the sale of Game Invest to Embracer Group. Thomas is currently a Board member of Starbreeze AB (publ), Founder Northify (Chairman), Ecobloom Technologies (Chairman), TNTX i Boden AB (founder) and Wanderword (co-founder and Chairman). Double MSc. Finance and Managerial Accounting from the Stockholm School of Economics. Naveen Paul has over 20 years of experience in the VFX industry with experience in VFX supervision, animation and creative development for the film industry. Naveen is the founder and managing director of NY VFXWAALA with a resource pool of approximately 400 employees based in Mumbai, India. As one of India's leading VFX supervisors, he has been awarded numerous awards in the Indian film industry, including the 64th National Award for Best Visual Effects. Bachelor of Science, Physics and Computer Science from Jai Hind College. Rajeev Sharma has over 20 years of international experience in the film industry in leading positions. Rajeev is currently the CEO of ADF Group, which includes Devgn Films, NY Cinemas and NY VFXWAALA and has previously been CEO of PID Pvt. Ltd, which was the Indian arm of Fujifilm Motion Picture Films. Diploma in Computer Engineering from Shriram Polytechnic. Announcement • May 31
An undisclosed buyer entered into a Heads of Agreement to acquire Vobling AB from Goodbye Kansas Group AB (publ) (OM:GBK). An undisclosed buyer entered into a Heads of Agreement to acquire Vobling AB from Goodbye Kansas Group AB (publ) (OM:GBK) on May 29, 2024. Reported Earnings • May 26
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr31.4m (down 57% from 1Q 2023). Net loss: kr23.9m (loss narrowed 26% from 1Q 2023). Announcement • Apr 24
Goodbye Kansas Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 21.791228 million. Goodbye Kansas Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 21.791228 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 16,141,650
Price\Range: SEK 1.35
Transaction Features: Rights Offering Reported Earnings • Apr 22
Full year 2023 earnings released: kr492 loss per share (vs kr6,508 loss in FY 2022) Full year 2023 results: kr492 loss per share (improved from kr6,508 loss in FY 2022). Revenue: kr284.2m (down 5.6% from FY 2022). Net loss: kr109.1m (loss narrowed 14% from FY 2022). Announcement • Apr 19
Goodbye Kansas Group AB (publ), Annual General Meeting, Jun 13, 2024 Goodbye Kansas Group AB (publ), Annual General Meeting, Jun 13, 2024, at 10:00 Central European Standard Time. Location: Goodbye Kansas Group AB (publ), Hammarbyterassen 3, Stockholm Sweden Announcement • Mar 22
Goodbye Kansas Group AB (Publ) Announces Promotion of Chris Jestico to Managing Director for Goodbye Kansas Studios Goodbye Kansas Group AB (publ) announced that Chris Jestico has been promoted to Managing Director for Goodbye Kansas Studios. Chris has worked at Goodbye Kansas Studios since 2021 and also has significant experience from leading roles in various global VFX companies internationally, for instance ILM, MPC, DNEG, Framestore as well as production companies such as Warner Bros and New Regency. Chris also has first-hand experience from establishing production partnerships in India. Announcement • Mar 15
Goodbye Kansas Group AB (publ) has filed a Follow-on Equity Offering. Goodbye Kansas Group AB (publ) has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock Reported Earnings • Feb 11
Full year 2023 earnings released: kr4.92 loss per share (vs kr65.08 loss in FY 2022) Full year 2023 results: kr4.92 loss per share (improved from kr65.08 loss in FY 2022). Revenue: kr284.2m (down 5.6% from FY 2022). Net loss: kr109.1m (loss narrowed 14% from FY 2022). New Risk • Nov 19
New major risk - Negative shareholders equity The company has negative equity. Total equity: -kr114m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr66m free cash flow). Share price has been highly volatile over the past 3 months (37% average weekly change). Negative equity (-kr114m). Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 10x increase in shares outstanding). Market cap is less than US$10m (kr8.98m market cap, or US$853.2k). Reported Earnings • Nov 19
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr78.5m (up 65% from 3Q 2022). Net loss: kr144.6m (loss widened 193% from 3Q 2022). Announcement • Oct 25
Goodbye Kansas Group AB (publ) Announces Board Changes Board members of Goodbye Kansas Group AB (publ) Marina Andersson and Anna Ljungdahl have requested to leave their Board assignments in Goodbye Kansas Group. Their request to leave will immediately be sent to the Swedish Companies Registration Office and becomes effective once it is registered. They were appointed as Board members in connection with the Annual General Meeting in April 2023 but have now decided to leave due to the change in circumstances compared to when they were appointed. Reported Earnings • Sep 03
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr82.5m (up 14% from 2Q 2022). Net loss: kr27.4m (loss widened 20% from 2Q 2022). Reported Earnings • May 21
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr74.3m (down 21% from 1Q 2022). Net loss: kr32.4m (loss widened 97% from 1Q 2022). Recent Insider Transactions • Mar 07
Independent Director recently bought kr62k worth of stock On the 2nd of March, Adrian Politowski bought around 2m shares on-market at roughly kr0.031 per share. This transaction amounted to 97% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Mar 05
Full year 2022 earnings released: kr0.32 loss per share (vs kr0.92 loss in FY 2021) Full year 2022 results: kr0.32 loss per share (improved from kr0.92 loss in FY 2021). Revenue: kr309.1m (up 8.6% from FY 2021). Net loss: kr126.4m (loss narrowed 14% from FY 2021). Reported Earnings • Nov 19
Third quarter 2022 earnings: Revenues miss analyst expectations Third quarter 2022 results: Revenue: kr50.4m (down 25% from 3Q 2021). Net loss: kr49.3m (loss narrowed 6.5% from 3Q 2021). Revenue missed analyst estimates by 41%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Entertainment industry in Sweden. Major Estimate Revision • Sep 02
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from kr351.1m to kr321.0m. Losses expected to increase from kr0.12 per share to kr0.14. Entertainment industry in Sweden expected to see average net income growth of 52% next year. Consensus price target down from kr1.45 to kr1.35. Share price fell 14% to kr0.42 over the past week. Price Target Changed • Aug 30
Price target decreased to kr1.35 Down from kr1.50, the current price target is provided by 1 analyst. New target price is 187% above last closing price of kr0.47. Stock is down 65% over the past year. The company is forecast to post a net loss per share of kr0.12 next year compared to a net loss per share of kr0.92 last year. Reported Earnings • Aug 26
Second quarter 2022 earnings: Revenues miss analyst expectations Second quarter 2022 results: Revenue: kr75.6m (up 9.0% from 2Q 2021). Net loss: kr22.8m (loss narrowed 2.4% from 2Q 2021). Revenue missed analyst estimates by 10%. Over the next year, revenue is forecast to grow 22%, compared to a 49% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Reported Earnings • May 06
First quarter 2022 earnings: Revenues exceed analyst expectations First quarter 2022 results: Revenue: kr94.5m (up 40% from 1Q 2021). Net loss: kr16.4m (loss narrowed 42% from 1Q 2021). Revenue exceeded analyst estimates by 27%. Over the next year, revenue is forecast to grow 11%, compared to a 64% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Breakeven Date Change • Mar 03
No longer forecast to breakeven The analyst covering Goodbye Kansas Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr4.00m in 2023. New forecast suggests the company will make a loss of kr22.0m in 2023. Reported Earnings • Feb 27
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: kr1.39 loss per share (down from kr1.07 loss in FY 2020). Revenue: kr292.6m (up 55% from FY 2020). Net loss: kr150.3m (loss widened 81% from FY 2020). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Over the next year, revenue is forecast to grow 11%, compared to a 61% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 58% per year, which means it is performing significantly worse than earnings. Breakeven Date Change • Nov 24
No longer forecast to breakeven The analyst covering Goodbye Kansas Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr4.00m in 2023. New forecast suggests the company will make a loss of kr19.0m in 2023. Reported Earnings • Nov 12
Third quarter 2021 earnings released The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: kr69.0m (up 33% from 3Q 2020). Net loss: kr52.7m (loss widened 73% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 60% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jul 22
Second quarter 2021 earnings released The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: kr73.5m (up 33% from 2Q 2020). Net loss: kr23.4m (loss widened 25% from 2Q 2020). Major Estimate Revision • Mar 04
Analysts lower EPS estimates to -kr0.59 The 2021 consensus revenue estimate was lowered from kr286.3m to kr281.1m. The company's losses are expected to worsen with analysts lowering their EPS forecasts from -kr0.15 to -kr0.59 for the same period. The Entertainment industry in Sweden is expected to see an average net income growth of 13% next year. The consensus price target of kr5.00 was unchanged from the last update. Share price is down by 12% to kr3.56 over the past week. Reported Earnings • Feb 26
Full year 2020 earnings released: kr0.85 loss per share (vs kr1.06 loss in FY 2019) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: kr193.7m (up kr175.6m from FY 2019). Net loss: kr85.0m (loss widened 69% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 26
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 55%. Over the next year, revenue is forecast to grow 48%, compared to a 35% growth forecast for the Entertainment industry in Sweden. Is New 90 Day High Low • Feb 03
New 90-day high: kr3.50 The company is up 9.0% from its price of kr3.23 on 04 November 2020. The Swedish market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is up 5.0% over the same period. Announcement • Jan 09
Bublar Group AB (publ) (OM:BUBL) completed the acquisition of Plotagon AB for SEK 15.3 million. Bublar Group AB (publ) (OM:BUBL) agreed to acquire Plotagon AB on November 26, 2020.
Bublar Group AB (publ) (OM:BUBL) completed the acquisition of Plotagon AB for SEK 15.3 million on January 8, 2021. Under terms, the purchase consideration will be satisfied through issue of 5.6 million shares of Bublar Group AB based on the 20-day volume-weighted average price (VWAP) before the contract date of SEK 2.71 per share. An additional fixed purchase price and an additional purchase price may be paid out later, provided that certain terms of the contract are fulfilled. Announcement • Nov 28
Bublar Group AB (publ) (OM:BUBL) acquired Plotagon AB. Bublar Group AB (publ) (OM:BUBL) acquired Plotagon AB on November 26, 2020.
Bublar Group AB (publ) (OM:BUBL) completed the acquisition of Plotagon AB on November 26, 2020. Is New 90 Day High Low • Nov 10
New 90-day low: kr3.00 The company is down 22% from its price of kr3.84 on 12 August 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 19% over the same period.