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%
Market cap
$178.7M
P/E
0.0×
Fwd P/E
−2.5×
Dividend yield
—
F-score
5/9
Altman Z
−5.20
Beneish M
−0.77
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 44.82%

Capital & Financial Ratios $m

Size
Market Cap 178.69
Revenue ttm 117.48
Net income ttm (70.76)
Free cash flow ttm (66.52)
Net debt Q (35.34)
Valuation
P/E 0.00
Forward P/E (2.45) (negative: loss-making)
Price / sales 1.49
Forward P/S Powerpack
Price / FCF 0.00
Price / book 2.08
Financial health
Current ratio Q 1.03
Debt / equity Q 1.52
Interest coverage Q (35.85)
Growth
Revenue growth Q +22.92% (above 0%: growing)
Operating income growth Q −34.94% (below 0%: shrinking)
EPS, this year −2.00% (below 0%: weak)
EPS, next year A +30.43% (at or above 15%: strong)
Revenue, next year A +22.11% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +19.76% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 69.57%
10-year low 10-year high
P/B against its own 10 years 69.43%
10-year low 10-year high
EV/Sales against its own 10 years 62.79%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 302 281 195 164
Receivables 6 5 14 19
Inventory — — — —
Other — — — —
315 303 216 189
2023 2024 2025 Q'26
Payables 2 10 10 6
ST’ Debt — — 128 129
Other 47 55 43 49
50 66 181 184

Compound Annual Growth %

10y 5y 3y
Sales — (14.53%) (27.10%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 14.51% (26.22%)

EPS $

Mar Jun Sep Dec Year
’26 (0.69) (1.52) — — —
’25 (1.05) (1.16) (1.14) (1.07) (4.51)
’24 (1.45) 1.44 (1.20) (1.50) (2.70)
’23 (1.80) (0.79) (1.57) (0.78) (4.85)
’22 (7.40) (3.00) (3.80) (6.80) (21.40)
’21 (3.00) (4.20) 3.20 (5.00) (9.67)
’20 (1.12) (1.39) (2.87) (4.75) (10.12)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 29 31 — — —
’25 22 25 27 30 104
’24 25 25 25 18 93
’23 44 40 36 31 152
’22 92 72 59 47 270
’21 84 89 102 105 380
’20 44 59 60 67 229
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (7) (18) — — —
’25 (11) (21) (24) (13) (69)
’24 (4) 28 (11) (19) (7)
’23 (15) (26) (18) (12) (72)
’22 (83) (62) (22) (13) (180)
’21 (39) (26) (38) (77) (180)
’20 (9) 0 (20) (26) (56)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (8) (19) — — —
’25 (13) (23) (26) (14) (75)
’24 (5) 27 (11) (21) (10)
’23 (26) (26) (19) (13) (85)
’22 (84) (62) (23) (13) (181)
’21 (40) (27) (39) (78) (183)
’20 (10) (1) (22) (27) (59)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten 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

All 10 years →

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%

All 22 Electronic Gaming & Multimedia stocks →

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

Firy Inc. (FIRY) Latest News

13 Aug

4 Aug

19 May

Impact 3 · · The Motley Fool transcript
Impact 3 · · MarketBeat

15 May

Impact 4 · · Business Wire

23 Apr

Impact 4 · · Business Wire

31 Mar

11 Jan

Impact 3 · · StockStory

28 Dec

Impact 3 · · StockStoryStockStory

17 Nov

Impact 3 · · StockStory

7 Nov

Impact 3 · · StockStoryAssociated Press FinanceSimply Wall St.Zacks

6 Nov

Impact 4 · · The Motley Fool transcript
stockrow.com/FIRY · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com