Fractal Gaming Group AB (publ)

OM:FRACTL Stock Report

Market Cap: SEK 424.7m

Fractal Gaming Group Management

Management criteria checks 1/4

Fractal Gaming Group's CEO is Jonas Holst, appointed in Jan 2024, has a tenure of 2.5 years. total yearly compensation is SEK5.09M, comprised of 44.3% salary and 55.7% bonuses, including company stock and options. directly owns 0.062% of the company’s shares, worth SEK262.95K. The average tenure of the management team and the board of directors is 2.7 years and 0.5 years respectively.

Key information

Jonas Holst

Chief executive officer

SEK 5.1m

Total compensation

CEO salary percentage44.28%
CEO tenure2.5yrs
CEO ownership0.06%
Management average tenure2.7yrs
Board average tenureless than a year

Recent management updates

Recent updates

Narrative Update Jun 25

FRACTL: Stable Margins And P/E Assumptions Will Support Future Upside Potential

Analysts have kept their SEK price target for Fractal Gaming Group effectively unchanged at about SEK21.33, reflecting only minor tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions in their updated models. What’s in the News for Fractal Gaming Group No recent company specific news items for Fractal Gaming Group were identified in the provided sources as of 24 Jun 2026.
Narrative Update Jun 07

FRACTL: Higher Margin Outlook Will Support Future Upside Potential

Analysts maintain their SEK 21.33 price target for Fractal Gaming Group, citing largely unchanged model assumptions with only small adjustments to the discount rate, profit margin outlook and future P/E input. What's in the News No recent company specific news was identified in the provided sources for Fractal Gaming Group.
Narrative Update May 14

FRACTL: Higher Margin Outlook Will Support Future Upside Potential

Analysts now estimate Fractal Gaming Group's fair value at SEK21.33 per share, down from SEK31. This reflects updated assumptions for slower revenue growth, higher profit margins and a lower future P/E multiple.
Narrative Update Apr 27

FRACTL: Steady Growth Assumptions And Margins Will Support Future Upside

Analysts have kept their SEK 31.0 price target for Fractal Gaming Group unchanged, linking it to largely steady assumptions on discount rate, revenue growth, profit margin and future P/E that together indicate a consistent view of the company’s valuation drivers. Valuation Changes Fair Value: SEK 31.0 is unchanged, indicating a steady view of the share's assessed worth.
Narrative Update Apr 12

FRACTL: Stable Discount Rate And Margins Will Support Undervalued Upside

Analysts have kept their SEK 31.0 price target for Fractal Gaming Group broadly unchanged, pointing to only marginal tweaks to inputs such as discount rate, revenue growth, profit margin and future P/E assumptions in their models. Valuation Changes Fair Value: SEK 31.0 remains unchanged.
Narrative Update Mar 29

FRACTL: Stable Discount Rate And Margins Will Support Undervalued Upside

Analysts are keeping their SEK 31.0 price target for Fractal Gaming Group essentially unchanged, reflecting only minor tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E rather than any major shift in their view of the company. Valuation Changes Fair Value: SEK 31.0 is unchanged.
Narrative Update Mar 14

FRACTL: Stable Margins And P/E Assumptions Will Support Undervalued Upside

Analysts have kept their SEK 31.0 price target for Fractal Gaming Group broadly unchanged, pointing to only marginal tweaks to their discount rate, revenue growth, profit margin, and future P/E assumptions in their updated models. Valuation Changes Fair Value: SEK 31.0 is unchanged, with only a minor rounding adjustment from SEK 31.
Narrative Update Feb 27

FRACTL: Stable Margins And P/E Assumptions Will Support Undervalued Upside

Analysts have kept their SEK 31.0 price target for Fractal Gaming Group broadly unchanged, reflecting only minor changes to inputs such as the discount rate, long term revenue growth, profit margin and future P/E assumptions rather than a shift in overall view. Valuation Changes Fair Value: SEK 31.0 is unchanged, indicating no adjustment to the estimated central value for the shares.
Narrative Update Feb 13

FRACTL: Higher Margin Outlook Will Support Attractive Future P/E Multiple

Analysts have lowered their price target on Fractal Gaming Group from SEK 45 to SEK 31, citing updated assumptions that include a revised discount rate, more moderate revenue growth expectations, a higher assumed profit margin and a lower future P/E multiple. Valuation Changes Fair Value: Reduced from SEK 45 to SEK 31, a change of about 31%.
Analysis Article Feb 10

Fractal Gaming Group AB (publ) (STO:FRACTL) Analysts Are Reducing Their Forecasts For This Year

One thing we could say about the analysts on Fractal Gaming Group AB (publ) ( STO:FRACTL ) - they aren't optimistic...
Analysis Article Feb 08

Fractal Gaming Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

There's been a major selloff in Fractal Gaming Group AB (publ) ( STO:FRACTL ) shares in the week since it released its...
Narrative Update Jan 30

FRACTL: Higher Discount Rate Will Still Support Stronger Future P/E Multiple

Analysts have trimmed their price target on Fractal Gaming Group from SEK54 to SEK45, reflecting updated assumptions for slower revenue growth, lower profit margins and a higher discount rate, while still using a higher future P/E in their models. Valuation Changes Fair Value: Trimmed from SEK54 to SEK45, a reduction of SEK9 per share in the model-based estimate.
Analysis Article Jan 30

Earnings Working Against Fractal Gaming Group AB (publ)'s (STO:FRACTL) Share Price Following 27% Dive

Unfortunately for some shareholders, the Fractal Gaming Group AB (publ) ( STO:FRACTL ) share price has dived 27% in the...
Analysis Article Dec 19

Does Fractal Gaming Group (STO:FRACTL) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Nov 16

Fractal Gaming Group AB (publ) (STO:FRACTL) Not Doing Enough For Some Investors As Its Shares Slump 25%

The Fractal Gaming Group AB (publ) ( STO:FRACTL ) share price has fared very poorly over the last month, falling by a...
Analysis Article Oct 28

Fractal Gaming Group AB (publ) Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

It's been a mediocre week for Fractal Gaming Group AB (publ) ( STO:FRACTL ) shareholders, with the stock dropping 15...
Analysis Article Oct 08

Fractal Gaming Group (STO:FRACTL) Could Be Struggling To Allocate Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Narrative Update Sep 16

North America And APAC Expansion Will Advance Premium Gaming Markets

Upgraded forecasts for both revenue growth and net profit margin have driven a substantial increase in Fractal Gaming Group's consensus analyst price target from SEK43.00 to SEK54.00. What's in the News Fractal Design has expanded into the gaming headset market with the launch of Scape, a wireless headset featuring memory foam cushions, lightweight frame, detachable microphone, customizable ambient lighting, and inductive charging, aiming to blend performance, comfort, and Scandinavian design aesthetics.
Analysis Article Aug 28

Fractal Gaming Group AB (publ) (STO:FRACTL) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Fractal Gaming Group AB (publ) ( STO:FRACTL ) shares have retraced a considerable 28% in the last month, reversing a...
Narrative Update Aug 15

Refine Chair And Scape Headset Launches Signal Positive Future Prospects

Driven by sharply improved forecasts for both revenue growth (now 7.6% vs. 1.4%) and net profit margin (6.79% vs.
Analysis Article May 16

There May Be Some Bright Spots In Fractal Gaming Group's (STO:FRACTL) Earnings

Fractal Gaming Group AB (publ)'s ( STO:FRACTL ) stock was strong despite it releasing a soft earnings report last week...
Analysis Article Apr 08

Market Participants Recognise Fractal Gaming Group AB (publ)'s (STO:FRACTL) Earnings

There wouldn't be many who think Fractal Gaming Group AB (publ)'s ( STO:FRACTL ) price-to-earnings (or "P/E") ratio of...
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New Narrative Mar 16

Refine Chair And Scape Headset Launches Signal Positive Future Prospects

New product introductions and market expansion are poised to enhance revenue growth and brand portfolio diversification.
Analysis Article Feb 09

Results: Fractal Gaming Group AB (publ) Exceeded Expectations And The Consensus Has Updated Its Estimates

Fractal Gaming Group AB (publ) ( STO:FRACTL ) just released its annual report and things are looking bullish. It was...
Analysis Article Feb 08

Upgrade: Analysts Just Made A Sizeable Increase To Their Fractal Gaming Group AB (publ) (STO:FRACTL) Forecasts

Celebrations may be in order for Fractal Gaming Group AB (publ) ( STO:FRACTL ) shareholders, with the analysts...
Analysis Article Jan 03

With Fractal Gaming Group AB (publ) (STO:FRACTL) It Looks Like You'll Get What You Pay For

When close to half the companies in Sweden have price-to-earnings ratios (or "P/E's") below 23x, you may consider...
Analysis Article Nov 04

Fractal Gaming Group's (STO:FRACTL) Anemic Earnings Might Be Worse Than You Think

A lackluster earnings announcement from Fractal Gaming Group AB (publ) ( STO:FRACTL ) last week didn't sink the stock...
Analysis Article Sep 12

This Analyst Just Downgraded Their Fractal Gaming Group AB (publ) (STO:FRACTL) EPS Forecasts

One thing we could say about the covering analyst on Fractal Gaming Group AB (publ) ( STO:FRACTL ) - they aren't...
Analysis Article Aug 16

Capital Investments At Fractal Gaming Group (STO:FRACTL) Point To A Promising Future

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Analysis Article Jun 11

Fractal Gaming Group AB (publ)'s (STO:FRACTL) Shares Bounce 26% But Its Business Still Trails The Market

Despite an already strong run, Fractal Gaming Group AB (publ) ( STO:FRACTL ) shares have been powering on, with a gain...

CEO Compensation Analysis

How has Jonas Holst's remuneration changed compared to Fractal Gaming Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

SEK 8m

Dec 31 2025SEK 5mSEK 2m

SEK 33m

Sep 30 2025n/an/a

SEK 55m

Jun 30 2025n/an/a

SEK 49m

Mar 31 2025n/an/a

SEK 42m

Dec 31 2024SEK 2mSEK 2m

SEK 48m

Compensation vs Market: Jonas's total compensation ($USD527.10K) is above average for companies of similar size in the Swedish market ($USD382.32K).

Compensation vs Earnings: Jonas's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Jonas Holst (42 yo)

2.5yrs
Tenure
SEK 5,086,000
Compensation

Mr. Jonas Holst served as Vice President of Global Sales at Fractal Gaming Group AB (publ) from 2022 and serves as its CEO since January 01, 2024. Mr. Holst has M.A. in European Studies from G teborgs univ...


Leadership Team

NamePositionTenureCompensationOwnership
Hannes Wallin
Founder & Chairman16.5yrsSEK 350.00k29.22%
SEK 124.1m
Jonas Holst
Chief Executive Officer2.5yrsSEK 5.09m0.062%
SEK 262.9k
Karin Ingemarson
Chief Financial Officer7.5yrsno data0.33%
SEK 1.4m
Henrik Gunnerling
Chief Technology Officer2.8yrsno data0.10%
SEK 424.4k
Alexander Ernryd
Chief Marketing Officer6.5yrsno data0.046%
SEK 193.9k
Alexander Kahl
Vice President of Global Sales2.4yrsno datano data
Jennie Widell
Chief Human Resources Officerless than a yearno datano data
2.7yrs
Average Tenure
46.5yo
Average Age

Experienced Management: FRACTL's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hannes Wallin
Founder & Chairman16.5yrsSEK 350.00k29.22%
SEK 124.1m
Anders Hülse
Directorless than a yearno datano data
Daniel Gabriel
Directorless than a yearno datano data
Martin Axhamre
Directorless than a yearno datano data
Hanna Mannberg
Directorless than a yearno datano data
0.5yrs
Average Tenure
47yo
Average Age

Experienced Board: FRACTL's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 14:09
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Fractal Gaming Group AB (publ) is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Oscar ErixonCarnegie Investment Bank AB
Amar GalijasevicDNB Carnegie