QBIT Stock Overview
Operates as a fintech company in Sweden. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
QuickBit eu AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 3.08 |
| 52 Week High | SEK 0 |
| 52 Week Low | SEK 0 |
| Beta | 1.56 |
| 1 Month Change | -9.14% |
| 3 Month Change | -2.22% |
| 1 Year Change | 193.33% |
| 3 Year Change | -46.34% |
| 5 Year Change | -75.82% |
| Change since IPO | -56.98% |
Recent News & Updates
QuickBit eu AB (publ) (NGM:QBIT) Stock Catapults 28% Though Its Price And Business Still Lag The Industry
Nov 12
QuickBit eu AB (publ) (NGM:QBIT) Not Doing Enough For Some Investors As Its Shares Slump 28%
Sep 27Recent updates
QuickBit eu AB (publ) (NGM:QBIT) Stock Catapults 28% Though Its Price And Business Still Lag The Industry
Nov 12QuickBit eu AB (publ) (NGM:QBIT) Not Doing Enough For Some Investors As Its Shares Slump 28%
Sep 27QuickBit eu AB (publ) (NGM:QBIT) Surges 26% Yet Its Low P/S Is No Reason For Excitement
Aug 08QuickBit eu AB (publ) (NGM:QBIT) Held Back By Insufficient Growth Even After Shares Climb 116%
May 29QuickBit eu AB (publ)'s (NGM:QBIT) Shares Bounce 61% But Its Business Still Trails The Industry
Apr 14QuickBit eu AB (publ) (NGM:QBIT) Surges 27% Yet Its Low P/S Is No Reason For Excitement
Feb 29The Return Trends At QuickBit eu (NGM:QBIT) Look Promising
Jan 28Returns At QuickBit eu (NGM:QBIT) Are On The Way Up
Oct 19QuickBit eu (NGM:QBIT) Is Looking To Continue Growing Its Returns On Capital
Jul 08QuickBit eu (NGM:QBIT) Is Very Good At Capital Allocation
Mar 04Will Weakness in QuickBit eu AB (publ)'s (NGM:QBIT) Stock Prove Temporary Given Strong Fundamentals?
Feb 06
A Look At The Fair Value Of QuickBit eu AB (publ) (NGM:QBIT)
Jan 11If You Had Bought QuickBit eu's (NGM:QBIT) Shares A Year Ago You Would Be Down 49%
Dec 22The Trend Of High Returns At QuickBit eu (NGM:QBIT) Has Us Very Interested
Dec 04Shareholder Returns
| QBIT | SE Software | SE Market | |
|---|---|---|---|
| 7D | -11.2% | -3.4% | -3.3% |
| 1Y | 193.3% | 8.2% | 4.8% |
Return vs Industry: QBIT exceeded the Swedish Software industry which returned 11.1% over the past year.
Return vs Market: QBIT exceeded the Swedish Market which returned 6.5% over the past year.
Price Volatility
| QBIT volatility | |
|---|---|
| QBIT Average Weekly Movement | 9.6% |
| Software Industry Average Movement | 8.0% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in SE Market | 11.3% |
| 10% least volatile stocks in SE Market | 3.2% |
Stable Share Price: QBIT's share price has been volatile over the past 3 months compared to the Swedish market.
Volatility Over Time: QBIT's weekly volatility has decreased from 15% to 10% over the past year, but is still higher than 75% of Swedish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 29 | Daniel Sonesson | quickbit.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
| QBIT fundamental statistics | |
|---|---|
| Market cap | SEK 436.74m |
| Earnings (TTM) | -SEK 84.69m |
| Revenue (TTM) | SEK 1.83b |
0.2x
P/S Ratio-5.1x
P/E RatioIs QBIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| QBIT income statement (TTM) | |
|---|---|
| Revenue | €159.80m |
| Cost of Revenue | €158.20m |
| Gross Profit | €1.60m |
| Other Expenses | €9.00m |
| Earnings | -€7.40m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.053 |
| Gross Margin | 1.00% |
| Net Profit Margin | -4.63% |
| Debt/Equity Ratio | 0% |
How did QBIT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 04:17 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
QuickBit eu AB (publ) is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hjalmar Jernstrom | Penser Access |