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QuickBit eu NGM:QBIT Stock Report

Last Price

kr1.95

Market Cap

kr274.4m

7D

3.7%

1Y

17.3%

Updated

25 Apr, 2024

Data

Company Financials

QuickBit eu AB (publ) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for QuickBit eu
Historical stock prices
Current Share Pricekr1.95
52 Week Highkr0
52 Week Lowkr0
Beta1.57
1 Month Change47.95%
3 Month Change60.36%
1 Year Change17.33%
3 Year Change-87.00%
5 Year Changen/a
Change since IPO-72.77%

Recent News & Updates

QuickBit eu AB (publ)'s (NGM:QBIT) Shares Bounce 61% But Its Business Still Trails The Industry

Apr 14
QuickBit eu AB (publ)'s (NGM:QBIT) Shares Bounce 61% But Its Business Still Trails The Industry

QuickBit eu AB (publ) (NGM:QBIT) Surges 27% Yet Its Low P/S Is No Reason For Excitement

Feb 29
QuickBit eu AB (publ) (NGM:QBIT) Surges 27% Yet Its Low P/S Is No Reason For Excitement

Recent updates

QuickBit eu AB (publ)'s (NGM:QBIT) Shares Bounce 61% But Its Business Still Trails The Industry

Apr 14
QuickBit eu AB (publ)'s (NGM:QBIT) Shares Bounce 61% But Its Business Still Trails The Industry

QuickBit eu AB (publ) (NGM:QBIT) Surges 27% Yet Its Low P/S Is No Reason For Excitement

Feb 29
QuickBit eu AB (publ) (NGM:QBIT) Surges 27% Yet Its Low P/S Is No Reason For Excitement

The Return Trends At QuickBit eu (NGM:QBIT) Look Promising

Jan 28
The Return Trends At QuickBit eu (NGM:QBIT) Look Promising

Returns At QuickBit eu (NGM:QBIT) Are On The Way Up

Oct 19
Returns At QuickBit eu (NGM:QBIT) Are On The Way Up

QuickBit eu (NGM:QBIT) Is Looking To Continue Growing Its Returns On Capital

Jul 08
QuickBit eu (NGM:QBIT) Is Looking To Continue Growing Its Returns On Capital

QuickBit eu (NGM:QBIT) Is Very Good At Capital Allocation

Mar 04
QuickBit eu (NGM:QBIT) Is Very Good At Capital Allocation

Will Weakness in QuickBit eu AB (publ)'s (NGM:QBIT) Stock Prove Temporary Given Strong Fundamentals?

Feb 06
Will Weakness in QuickBit eu AB (publ)'s (NGM:QBIT) Stock Prove Temporary Given Strong Fundamentals?

A Look At The Fair Value Of QuickBit eu AB (publ) (NGM:QBIT)

Jan 11
A Look At The Fair Value Of QuickBit eu AB (publ) (NGM:QBIT)

If You Had Bought QuickBit eu's (NGM:QBIT) Shares A Year Ago You Would Be Down 49%

Dec 22
If You Had Bought QuickBit eu's (NGM:QBIT) Shares A Year Ago You Would Be Down 49%

The Trend Of High Returns At QuickBit eu (NGM:QBIT) Has Us Very Interested

Dec 04
The Trend Of High Returns At QuickBit eu (NGM:QBIT) Has Us Very Interested

Shareholder Returns

QBITSE SoftwareSE Market
7D3.7%-0.8%-0.7%
1Y17.3%2.4%4.4%

Return vs Industry: QBIT exceeded the Swedish Software industry which returned 8.8% over the past year.

Return vs Market: QBIT exceeded the Swedish Market which returned 10.3% over the past year.

Price Volatility

Is QBIT's price volatile compared to industry and market?
QBIT volatility
QBIT Average Weekly Movement18.6%
Software Industry Average Movement7.9%
Market Average Movement6.1%
10% most volatile stocks in SE Market13.1%
10% least volatile stocks in SE Market3.5%

Stable Share Price: QBIT's share price has been volatile over the past 3 months.

Volatility Over Time: QBIT's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

FoundedEmployeesCEOWebsite
201621Daniel Sonessonquickbit.com

QuickBit eu AB (publ) operates as a fintech company in Sweden. The company develops solutions for blockchain technology and cryptocurrency. It offers solutions for e-merchants to be charge in cryptocurrency.

QuickBit eu AB (publ) Fundamentals Summary

How do QuickBit eu's earnings and revenue compare to its market cap?
QBIT fundamental statistics
Market capkr274.36m
Earnings (TTM)-kr209.05m
Revenue (TTM)kr1.08b

0.3x

P/S Ratio

-1.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QBIT income statement (TTM)
Revenue€92.80m
Cost of Revenue€93.20m
Gross Profit-€400.00k
Other Expenses€17.50m
Earnings-€17.90m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 22, 2024

Earnings per share (EPS)-0.13
Gross Margin-0.43%
Net Profit Margin-19.29%
Debt/Equity Ratio0%

How did QBIT perform over the long term?

See historical performance and comparison
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