Business Description
NIP Group Inc. operates as a comprehensive esports organization, with significant operations in the People's Republic of China, Sweden, and other global markets. The company manages prominent esports brands, including Ninjas in Pyjamas, which is recognized for its PC and console gaming focus, and eStar Gaming, specializing in mobile esports. Beyond brand ownership, NIP Group cultivates and manages numerous competitive esports teams that participate across a wide array of video game titles and competitive levels. Its service portfolio is extensive, covering talent management, large-scale event production, content creation through dedicated creative studios, and advertising services. Furthermore, NIP Group Inc. contributes to the educational aspect of esports by offering related services to various academic institutions. It also engages in commercial licensing, allowing companies to utilize the likenesses of its athletes – including advanced AI and virtual representations – for promotional purposes. Established in 2021, NIP Group Inc. is headquartered in Stockholm, Sweden.
Business History
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -5.92
Total Equity: $88.31M
Shares: 40,124,410
Total Debt: $49.15M
Cash: $7.14M
EBITDA: -$237.38M
Total Debt: $49.15M
Cash: $7.14M
Revenue: $126.53M
Shares: 40,124,410
Revenue: $126.53M
Revenue: $126.53M
Revenue: $126.53M
Total Equity: $88.31M
Tax Rate: 5.4%
Equity: $88.31M
Total Debt: $49.15M
Cash: $7.14M
Current Liabilities: $88.62M
Long-Term Debt: $3.19M
Total Debt: $49.15M
Total Equity: $88.31M
Shares: 40,124,410
Shares: 40,124,410
CapEx: -$1.23M
Shares: 40,124,410
Stock Price: $0.28
Net Income: -$237.48M
Industry Benchmarks
Deep Analysis
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Income Statement (Annual)
Last updated: Jun 26, 2026 11:35pm (9h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $31.8M | $65.8M | $83.7M | $85.3M | $126.5M |
| Cost of Revenue | $32.4M | $62.1M | $76.5M | $82.3M | $128.0M |
| Gross Profit | $-593,120 | $3.7M | $7.2M | $3.0M | -$1.5M |
| Operating Expenses | $7.9M | $11.8M | $21.9M | $19.9M | $57.3M |
| Operating Income | -$8.5M | -$8.1M | -$14.7M | -$16.9M | -$58.8M |
| Net Income | -$8.0M | -$6.2M | -$13.3M | -$12.7M | -$237.5M |
| EBITDA | -$4.1M | -$2.6M | -$7.4M | -$8.8M | -$237.4M |
| EPS | $-0.28 | $-0.22 | $-2.04 | $-1.30 | $-5.92 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 26, 2026 11:35pm (9h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $11.4M | $9.6M | $7.6M | $9.6M | $7.1M |
| Total Current Assets | $29.0M | $32.8M | $29.4M | $44.4M | $77.5M |
| Total Assets | $140.8M | $133.9M | $313.8M | $312.6M | $202.4M |
| Current Liabilities | $33.4M | $28.5M | $28.8M | $40.3M | $88.6M |
| Long-Term Debt | $1.4M | $626,906 | $3.7M | $3.4M | $3.2M |
| Total Liabilities | $52.2M | $44.5M | $61.1M | $73.1M | $109.5M |
| Total Equity | $82.2M | $84.5M | $247.7M | $234.5M | $88.3M |
| Retained Earnings | -$14.7M | -$29.3M | -$80.3M | -$128.9M | -$366.5M |
Cash Flow (Annual)
Last updated: Jun 26, 2026 11:35pm (9h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $331,541 | -$9.6M | -$5.2M | -$16.5M | -$15.7M |
| Capital Expenditure | -$9.6M | -$6.5M | -$3.6M | -$2.0M | -$1.2M |
| Free Cash Flow | -$9.3M | -$16.2M | -$8.7M | -$18.6M | -$16.9M |
| Acquisitions (net) | $355,411 | $-558,765 | $1.7M | $1.3M | $-363,367 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | -$1.5M | $0 | $0 | $0 |
| Net Change in Cash | $6.4M | -$1.8M | -$2.0M | $2.0M | -$2.4M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 11:35pm (9h ago)| Metric | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| Revenue |
$92.0M $90.1M – $93.9M
|
$116.0M $116.0M – $116.0M
|
$299.0M $299.0M – $299.0M
|
$158.0M $158.0M – $158.0M
|
| EBITDA |
-$25.0M -$25.5M – -$24.5M
|
-$31.5M -$31.5M – -$31.5M
|
-$81.3M -$81.3M – -$81.3M
|
-$43.0M -$43.0M – -$43.0M
|
| Net Income | $0 |
-$12.0M -$12.0M – -$12.0M
|
-$6.8M -$6.8M – -$6.8M
|
-$2.0M -$2.0M – -$2.0M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 26, 2026 11:35pm (9h ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +107.0% | +27.1% | +1.9% | +48.4% |
| Gross Profit Growth | +731.0% | +92.4% | -58.2% | -149.2% |
| Operating Income Growth | +4.4% | -81.3% | -15.3% | -248.2% |
| Net Income Growth | +22.3% | -113.3% | +4.3% | -1,771.4% |
| EBITDA Growth | +36.5% | -185.7% | -19.5% | -2,584.1% |
Narrative Economics
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