Press releases
Press releases
Fragbite Group engages long-term investor and carries out a directed share issue of 1 MSEK
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, HONG KONG, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. The Board of Directors of Fragbite […]
Fragbite Group declares intention to carry out a reverse split of shares
The Board of Directors of Fragbite Group AB (publ) (“Fragbite Group” or “the Company”) has resolved to propose a reverse split of shares. The reverse split is intended to be carried out during the fourth quarter of 2024. The Board of Directors of Fragbite Group has resolved to propose a reverse split of shares. Each […]
Svenska Cupen presents returning sponsors and global platform partner
Fragbite Group AB's (publ) (‘Fragbite Group’) subsidiary Fragbite AB is today kicking off the 2024 edition of the Swedish Cup in Counter-Strike, a national esports tournament that was a great success in 2023. Global market leader FACEIT has been engaged as a platform partner while MAX Burgers, Tele2 and Spendrups all return as sponsors alongside […]
Market leading launchpad DAO Maker new partner for $KOBAN launch
Fragbite Group AB (publ) (“Fragbite Group”) subsidiaries Lucky Kat and Wagmi have partnered with market leading launchpad DAO Maker for the public launch and sale of in-game token $KOBAN. Shortly before the public launch of $KOBAN, there will be a pre-sale during approximately two weeks when $KOBAN is offered on a number of launchpads. Each […]
Fragbite Group holds information meeting
Fragbite Group AB (publ) ("Fragbite Group" or “the Company") will hold a digital information meeting on 2 September during which CEO Stefan Tengvall will present the interim report for the second quarter and upcoming activities, followed by a Q&A session. Prior to the meeting, shareholders are invited to submit questions via email. On Monday 2 […]
Playdigious Originals presents upcoming title Crown Gambit at Gamescom
Fragbite Group AB’s (publ) (“Fragbite Group”) wholly-owned subsidiary Playdigious has announced the publishing of Crown Gambit, the third game title under business unit and publishing label Playdigious Originals. The game was announced on Friday 23 August as part of the Future Games Show during Gamescom. Crown Gamit is a tactical narrative game developed by Wild […]
Interim report for the period January – June 2024
CEO Stefan Tengvall comments: “Fragbite Group’s core business remains strong, and our most important task going forward is to ensure that the healthy profitability that characterises that business is extended to the whole Group.” Second quarter 2024 Revenue amounted to SEK 49.8 (60.4) million. EBITDA amounted to SEK -6.6 (6.5) million. Adjusted EBITDA (before items […]
Final earnout for Lucky Kat determined, dialogue continues
Fragbite Group AB (publ) (”Fragbite Group” or ”the Company”) has today determined the final earnout for the acquisition of Lucky Kat B.V. ("Lucky Kat") at nil (0), as the conditions for the earnout under the acquisition agreement have not been fulfilled. During the process of determining the earnout, the sellers of Lucky Kat (“The Sellers”) […]
Fragbite Group implements cost reductions of over SEK 11 million on an annual basis
Fragbite Group AB (publ) (”Fragbite Group” or ”the Company”) has implemented cost reductions totalling over SEK 11 million on an annual basis or over SEK 0.95 million per month. Part of these reductions have already taken effect at the end of the second quarter, with the remaining reductions taking effect during the current quarter. At […]
Children of Morta coming to mobile
Fragbite Group AB’s (publ) (“Fragbite Group”) subsidiary Playdigious has announced upcoming game title Children of Morta which is set to release on mobile platforms October 7. Since releasing on PC and console in 2019, the game has sold more than 1 million copies to date. Children of Morta is a game developed by Dead Mage […]
Press releases
Year-End Report 2024
Fragbite AB enters into collaboration for Nordic level esports competition
Playdigious signs distribution agreement for the Epic Games Store
Fragbite Group secures 5 MSEK loan ahead of node sales and $KOBAN launch
First Kumo retail collection sells out in record time
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