Stillfront is a Swedish gaming company focused on mobile- and web-gaming. In the past 5 years the company lost 95% of its market cap with a share price decline from above 100kr to below 5kr. However in recent months the share recovered 40% as management makes progress.
This is a possible turn-around case after 250Mkr cost reduction,reduced debt and focus on profitability across the portfolio, currently valued just above 0.5 P/B. The Q3 2025 report showed first results with 0,11kr EPS. A short-term investment with 50% potential upside from 6.5kr.