Goodbye Kansas Group AB (publ)

Goodbye Kansas Group AB (publ)

GBK.ST
Goodbye Kansas Group AB (publ)SE flagStockholm Stock Exchange
1.47
SEK
+0.07
- -
24.75MMarket Cap
Goodbye Kansas Group AB (publ)
GBK.ST
(Stockholm Stock Exchange)

Recent

price

1.47

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
116.78
484.62
4,454.97
2,216.31
74.22
12.57
9.65
4.67
5.31
Revenue per Share
- -
-757.55
-844.94
-1,431.82
-2,301.02
-339.51
-32.54
-4.92
-2.94
-0.94
-0.78
Basic EPS, GAAP
- -
-1,338.07
-900.13
-836.61
-1,972.1
-22.6
-9.39
-2.76
-2.32
-0.48
-0.28
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
50.03
38.48
44.52
79.05
90.94
2.87
5.71
0.12
0.1
0.11
Book Value per Share
- -
1,388.58
896.33
980.65
-644.41
-643.79
-50.32
0.05
-1.07
-0.82
-0.82
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
4
22
18
37
35
Basic Weighted Avg Shares
- -
- -
3
17
161
263
288
279
173
175
186
Sales/Revenue/Turnover
- -
- -
-712.27
-267.8
-48.98
-50.98
-40.83
-77.63
-28.89
-17.32
-13.48
Operating Margin (%)
- -
- -
5
15
37
64
68
52
7
2
2
Depreciation Expense
- -
-11
-25
-50
-83
-40
-126
-109
-52
-35
-27
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
-723.5
-295.45
-51.65
-15.32
-43.84
-39.15
-30.41
-20.07
-14.7
Profit Margin (%)
2
16
21
35
-19
-49
-128
-32
-9
-26
-24
Working Capital
2
1
- -
1
5
14
8
- -
- -
- -
- -
LT Debt
7
32
84
96
179
122
-12
17
-19
-30
-28
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-141.76
Return on Capital (%)
- -
-2,796.16
-2,692.39
-3,720.31
-3,760.46
-590.39
-1,150.27
-158.28
-81.43
-1,182.36
-777.62
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
15
7
8
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
37
37
Market Capitalization
71
58
43

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
47
46
33
Cash, Cash Equivalents & STI
6
10
12
Accounts Receivable, Net
26
26
8
Inventories
- -
- -
- -
Total Current Liabilities
75
72
57
Payables & Accruals
- -
- -
- -
ST Debt
15
7
8
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-107.2%
57.18%
Free Cash Flow
- -
228.03%
-56.53%
Net Income, GAAP
- -
12.59%
-33.07%
Sales/Revenue/Turnover
- -
6.55%
1.39%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
31
27
44
71
173
2025
45
43
43
43
175
2026
57
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-4.28
-1.17
-0.49
0.32
-2.94
2025
-0.16
-0.4
-0.25
-0.22
-0.94
2026
0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Goodbye Kansas Group AB (publ) (GBK.ST) is a Sweden-based supplier of technology-driven visual content, specializing in visual effects (VFX), animation, game trailers, and in-game services primarily for the film, TV, streaming, and gaming industries; the core business operates through Goodbye Kansas Studios, which provides end-to-end production capabilities including pre-production (concept art, scripting, storyboarding, previz), asset development (digital humans, creatures, environments, simulations for water/fire/dust/smoke/crowds, matte paintings, set extensions), performance capture and animation, VFX compositing, real-time production using game engines, and in-game asset building and content integration. The company serves major global clients such as Netflix, Amazon, Sony, Disney, Warner, Bungie, CD Projekt Red, and Ubisoft; it targets B2B customers in entertainment with growing applications in e-commerce and industry. Founded in 2015 and headquartered in Stockholm, Sweden, with additional offices in London, Belgrade, and Mumbai (via partnerships), Goodbye Kansas employs approximately 118 people and maintains operations focused on high-end, photorealistic content leveraging proprietary motion capture studios and advanced tools including AI for production efficiency. In recent developments, the company divested subsidiaries Vobling and Plotagon Production in Q3 2024 to streamline focus on Studios; executed full conversion of a SEK 15 million convertible loan from NY VFXWAALA in March 2025, making the Indian partner its largest shareholder and enabling joint ventures for Asian expansion and resource scaling; appointed Thomas Lindgren as acting CEO in August 2025 succeeding Stefan Danieli and Ulf Hammarmyr as interim CFO in September 2025; and secured record Q3 2025 order intake of SEK 128 million (up 80% YoY), including multi-year contracts worth SEK 72 million for game cinematics, VFX films, in-game content, and immersive installations from new and repeat international clients, alongside work on high-profile projects like Destiny 2: The Edge of Fate.