Press releases

Press releases

Year-End Report 2024

Regulatory20 February, 2025 at 08:15

Fragbite Group AB (publ) (”Fragbite Group” eller ”Bolaget”) hereby issues the Year-End Report for 2024. Fourth quarter 2024 Revenue SEK 59.0 million (60.4) EBITDA SEK 7.1 million (5.1) Adjusted EBITDA SEK 7.1 million (5.1) Operational EBIT (1) SEK 4.1 million (2.5) EBIT (2) SEK -40.0 million (-36.7) Result after tax (2) SEK -43.0 million (18.5) […]

Fragbite AB enters into collaboration for Nordic level esports competition

17 February, 2025 at 11:05

Fragbite Group AB's (publ) subsidiary Fragbite AB has entered into a collaboration with three other companies for the purpose of organising a Nordic esports competition in Counter-Strike. This collaboration marks the first step in establishing Fragbite AB's tournament business on the Nordic level. The competition – Elisa Nordic Championship 2025 – will take place on […]

Playdigious signs distribution agreement for the Epic Games Store

24 January, 2025 at 07:30

Fragbite Group ABs (publ) (“the Company”) subsidiary Playdigious has signed an agreement with Epic Games for distribution of titles on mobile platforms via the Epic Games Store. The highly anticipated expanded mobile game store launched yesterday evening with four of Playdigious’ titles as part of the launch offer. Playdigious has signed an agreement with Epic […]

Fragbite Group secures 5 MSEK loan ahead of node sales and $KOBAN launch

Regulatory23 January, 2025 at 17:03

Fragbite Group AB (publ) (”Fragbite Group” or ‘the Company’) has taken up loans in the aggregate of 5 MSEK in order to support subsidiaries Lucky Kat and Wagmi ahead of node sales and the public launch of $KOBAN, projects expected to generate significant revenue during the first half of 2025. The lenders are a group […]

First Kumo retail collection sells out in record time

22 January, 2025 at 08:45

Fragbite Group ABs (publ) (“Fragbite Group”) subsidiary Lucky Kat has carried out a successful sale of its first retail collection under the Kumo brand. An exclusive “Founder’s Collection” of plushie toys with integrated digital chips sold out in less than seven hours. Marketing and sales for the next collection targeting both digital and physical retail […]

Fragbite Group announces changes in the board and management team

Regulatory21 January, 2025 at 15:44

Fragbite Group AB (publ) (“Fragbite Group” or “the Company”) hereby announces that Zara Zamani has resigned from the Board of Directors of Fragbite Group to focus on Lucky Kat and the web3 business area. Zara will instead join the group management team. Zara Zamani has handed in her resignation from the Board of Directors of […]

Fragbite Group finalises agreement for equity investment in Lucky Kat and Wagmi

21 January, 2025 at 10:33

Fragbite Group AB (publ) (“Fragbite Group” or “the Company”) has today signed an agreement with venture builder companies 4+ Ventures AB and Swiss Peak Ventures GmbH for an equity investment in one of the Company’s three business areas – web3. As per the previously communicated letter of intent, this investment entails a maximum 24% equity […]

Settlement with Lucky Kat sellers confirmed to 0.3 MEUR

19 December, 2024 at 12:07

Fragbite Group AB (publ) (”Fragbite Group” or ”the Company”) have reached an agreement with the Sellers (“the Sellers”) of subsidiary Lucky Kat B.V. ("Lucky Kat") resulting in a settlement amount of EUR 0.3 million. Payment will be made by Fragbite Group during the end of the first quarter 2025. On 19 August the Board of […]

Fragbite Group brings in equity investor to Lucky Kat and Wagmi at 5 MEUR valuation

Regulatory13 December, 2024 at 12:56

Fragbite Group AB (publ) (“Fragbite Group” or “the Company”) has signed a letter of intent with venture builder companies 4+ Ventures AB and Swiss Peak Ventures GmbH for an equity investment in one of the Company’s three business areas – web3. The investment entails a 24% equity share in subsidiaries Lucky Kat and Wagmi respectively […]

Playdigious wins another two awards

09 December, 2024 at 08:45

Fragbite Group ABs (publ) subsidiary Playdigious has won another two awards for their game portfolio, this time at the Pocket Gamer Awards. Potion Permit won the award for Best Role Playing Game and Little Nightmares was crowned Best Platform Game. Playdigious was nominated in another three categories including Best Mobile Publisher. On Friday 6 December […]

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