Friday 6 November 2026
Export FIRY’s income statement to Excel — free account
Firy Inc.
FIRY Communication Services Electronic Gaming & Multimedia
Firy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $104.5 million, up 12.5% from fiscal 2024.
- Revenue
- +22.9%
- EPS
- −31.4%
- Free cash flow
- +15.9%
- Total debt
- +1.62%
Quarter to June 2026, against a year earlier
10.91
0.68
−5.87%
Follow FIRY
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | 51 | 120 | 229 | 380 | 270 | 152 | 93 | 104 | 117 | +10.9% | 128 | 138 | 156 | +14.4% | |
| Gross margin, % | — | — | 95.84 | 95.23 | 94.64 | 93.36 | 88.61 | 89.89 | 85.57 | 87.51 | 87.77 | (8.3) pt | ||||||
| EBT | — | — | (28) | (24) | (149) | (207) | (439) | (101) | (47) | (70) | (71) | +14.2% | ||||||
| EBT margin, % | — | — | (54.71) | (19.69) | (65.04) | (54.47) | (162.85) | (66.49) | (50.31) | (67.28) | (60.01) | (12.6) pt | ||||||
| Net income | — | 0 | (28) | (24) | (149) | (188) | (439) | (101) | (47) | (70) | (71) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | 4.30 | 9.18 | 15.55 | 19.77 | 13.16 | 7.28 | 5.20 | 6.70 | 7.31 | +6.5% | |||||
| Earnings | — | — | (2.35) | (1.81) | (10.12) | (9.40) | (21.40) | (4.85) | (2.70) | (4.51) | (4.42) | +9.7% | ||||||
| Cash flow | — | — | (1.44) | (1.68) | (3.82) | (9.37) | (8.76) | (3.43) | (0.40) | (4.42) | (3.85) | +17.4% | ||||||
| Capex | — | — | (0.07) | (0.25) | (0.22) | (0.17) | (0.09) | (0.63) | (0.14) | (0.39) | (0.29) | +27.1% | ||||||
| Free cash flow | — | — | (1.51) | (1.93) | (4.04) | (9.54) | (8.85) | (4.07) | (0.54) | (4.81) | (4.14) | +18.0% | ||||||
| Book value | — | — | 0.00 | 1.43 | 3.86 | 31.68 | 13.58 | 10.07 | 9.70 | 7.17 | 5.25 | n/m | ||||||
| Shares, m | — | — | 12 | 13 | 15 | 19 | 20 | 21 | 18 | 16 | 16 | +4.1% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | 0.00 | 0.00 | 25.72 | 7.53 | 0.78 | 0.80 | 0.97 | 0.64 | 1.49 | 4.6 | ||||||
| P/B | — | — | 551.13 | 551.13 | 103.74 | 4.70 | 0.75 | 0.58 | 0.52 | 0.60 | 2.08 | 151.6 | ||||||
| EV/Sales | — | — | 0.00 | 0.00 | 24.61 | 6.79 | (0.03) | (0.37) | (0.71) | 1.22 | 2.27 | 3.9 | ||||||
| EV/FCF | — | — | 0.00 | 0.00 | (94.79) | (14.07) | 0.04 | 0.66 | 6.84 | (1.70) | (4.02) | (12.9) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | (17) | (22) | (56) | (180) | (180) | (72) | (7) | (69) | (62) | +22.2% | |||||
| Capex | — | — | (1) | (3) | (3) | (3) | (2) | (13) | (3) | (6) | (5) | +32.3% | ||||||
| Free cash flow | — | — | (18) | (25) | (59) | (183) | (181) | (85) | (10) | (75) | (67) | +22.8% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | 25 | 226 | 490 | 452 | 265 | 237 | 36 | 5 | +6.4% | |||||
| Net debt | — | — | — | (16) | (263) | (281) | (217) | (178) | (155) | (67) | (35) | +26.9% | ||||||
| Shareholders’ equity | — | — | — | 19 | 57 | 609 | 278 | 210 | 173 | 112 | 84 | +34.8% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | 0.00 | (121.50) | (92.80) | (28.83) | (53.44) | (19.93) | (12.15) | (21.09) | (23.59) | (21.1) pt | |||||
| ROIC | — | — | 0.00 | (582.27) | 0.00 | (56.04) | (428.92) | (220.50) | (163.59) | (88.98) | (79.87) | (89.0) pt | ||||||
| ROE | — | — | 0.00 | (62.57) | (395.16) | (56.44) | (98.89) | (41.47) | (24.40) | (49.43) | (62.95) | (49.4) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | 277 | 650 | 240 | 225 | 323 | 370 | — | +6.0% | |||||
| Revenue/emp, $m | — | — | 0.00 | 0.00 | 0.83 | 0.58 | 1.12 | 0.68 | 0.29 | 0.28 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Firy Inc. vs peers in Electronic Gaming & Multimedia (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PLTK Playtika Holding Corp. | $881.1M | — (loss-making) | 5.0× | −0.12% (below 0%: shrinking) | 0.00% | +65.31% (above 0%: growing) | 74.03% | 17.25% | Compare |
| DDI DoubleDown Interactive Co., Ltd. Sponsored ADR | $675.4M | 5.4× | 5.2× | +11.17% (above 0%: growing) | +50.00% (above 0%: growing) | +24.80% (above 0%: growing) | 75.54% | 38.72% | Compare |
| GRVY GRAVITY Co., Ltd. | $462.0M | 8.0× | — | −17.14% (below 0%: shrinking) | +60.28% (above 0%: growing) | +3,467.78% (above 0%: growing) | 32.33% | 17.04% | Compare |
| SOHU Sohu.com Inc. | $355.1M | 1.6× | — (loss-making) | +7.34% (above 0%: growing) | n/m | +65.84% (above 0%: growing) | 78.64% | (13.50%) | Compare |
| FIRY Firy Inc. | $178.7M | — (loss-making) | — (loss-making) | +22.92% (above 0%: growing) | n/m | +15.94% (above 0%: growing) | 87.38% | (69.59%) | |
| GDEV GDEV Inc. | $159.0M | 2.2× | 2.0× | −18.54% (below 0%: shrinking) | +1,000.00% (above 0%: growing) | +4,744.48% (above 0%: growing) | 84.44% | 21.72% | Compare |
| GCL GCL Global Holdings Ltd. | $130.6M | — (loss-making) | — | — | −66.67% (below 0%: shrinking) | −1,222.35% (below 0%: shrinking) | — | — | Compare |
| CTW CTW Cayman | $100.7M | — | — | — | — | −216.27% (below 0%: shrinking) | — | — | Compare |
| MYPS PLAYSTUDIOS, Inc. | $56.2M | — (loss-making) | — (loss-making) | −15.14% (below 0%: shrinking) | n/m | +281.63% (above 0%: growing) | 81.23% | (40.41%) | Compare |
| Median of peers | $257.1M | 3.8× | 5.0× | −7.63% | +50.00% | +65.58% | 77.09% | 17.15% |
Pay and ownership Proxy statement filed 1 May 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 2.40m | 2.10m | 0.95 |
| 2024 | 530.45k | (1.89m) | 1.11 |
| 2023 | 545.26k | (5.33m) | 1.37 |
Ownership
Directors and executive officers, together
87.60% of the votes
Andrew Paradise
86.40% of the votes
ARK Investment Management LLC
1.50% of the votes
Atlas Venture Fund, IX L.P.
1.40% of the votes
Casey Chafkin
1.00% of the votes
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement