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. In the quarter to June 2026, revenue grew 22.9%, EPS fell 31.4%, free cash flow grew 15.9% and total debt rose 1.62%, each against the same quarter a year earlier.

11.49 0.08 −0.69%
Market cap
$192.3M
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 trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 44.26%

Capital & Financial Ratios $m

Market Cap 192.32
Revenue 117.48
Net Income (70.76)
Free Cash Flow (66.52)
Net Debt (35.34)
Current Ratio 1.03
Debt/Equity 1.52
P/E ratio 0.00
Fwd P/E (2.45) (negative: loss-making)
P/S ratio 1.57
P/B ratio 2.19
Past 5Y EPS Growth —
This Y EPS Growth (2.00%) (below 0%: weak)
Next Y EPS Growth 30.43% (at or above 15%: strong)
Next Y revenue growth 22.11% (at or above 10%: strong)
Next 5Y EPS Growth 19.76% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 71.82%
10-year low 10-year high
P/B against its own 10 years 70.45%
10-year low 10-year high
EV/Sales against its own 10 years 63.88%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
predictions special payouts not included in total or ratios

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%)

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.

EPS $

Mar Jun Sep Dec Year
’26 (0.69) (1.52) — — —
’25 (0.92) (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) (5.11)
’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) (8.40)
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

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — 196.20 142.00 9.06 3.96 4.33 3.54

Analyst estimates 2026–2028

Powerpack
High — — — — 477.40 925.96 155.60 20.40 7.48 9.11
People
People Employees — — — — 277 650 240 225 323 370
Revenue/emp, $m — — 0.00 0.00 0.83 0.58 1.12 0.68 0.29 0.28
Income, $m
Income, $m Revenue — — 51 120 229 380 270 152 93 104
Gross margin, % — — 95.84 95.23 94.64 93.36 88.61 89.89 85.57 87.51
EBT — — (28) (24) (149) (207) (439) (101) (47) (70)
EBT margin, % — — (54.71) (19.69) (65.04) (54.47) (162.85) (66.49) (50.31) (67.28)
Net income — 0 (28) (24) (149) (188) (439) (101) (47) (70)
Depreciation — — 0 1 2 12 21 3 2 1
Per share, $
Per share, $ Revenue — — 4.30 9.18 15.55 19.77 13.16 7.28 5.20 6.70
Earnings — — (2.35) (1.81) (8.40) (9.40) (21.40) (5.11) (2.70) (4.51)
Cash flow — — (1.44) (1.68) (3.82) (9.37) (8.76) (3.43) (0.40) (4.42)
Capex — — (0.07) (0.25) (0.22) (0.17) (0.09) (0.63) (0.14) (0.39)
Free cash flow — — (1.51) (1.93) (4.04) (9.54) (8.85) (4.07) (0.54) (4.81)
Book value — — 0.00 1.43 3.86 31.68 13.58 10.07 9.70 7.17
Shares, m — — 12 13 15 19 20 21 18 16
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S — — 0.00 0.00 25.72 7.53 0.78 0.80 0.97 0.64
P/B — — 551.13 551.13 103.74 4.70 0.75 0.58 0.52 0.60
EV/Sales — — 0.00 0.00 24.61 6.79 (0.03) (0.37) (0.71) 1.22
EV/FCF — — 0.00 0.00 (94.79) (14.07) 0.04 0.66 6.84 (1.70)
Cash, $m
Cash, $m Operating cash flow — — (17) (22) (56) (180) (180) (72) (7) (69)
Capex — — (1) (3) (3) (3) (2) (13) (3) (6)
Free cash flow — — (18) (25) (59) (183) (181) (85) (10) (75)
Balance, $m
Balance, $m Working capital — — — 25 226 490 452 265 237 36
Total debt — — — 10 — 279 273 124 126 128
Net debt — — — (16) (263) (281) (217) (178) (155) (67)
Shareholders’ equity — — — 19 57 609 278 210 173 112
Returns, %
Returns, % ROA — — 0.00 (121.50) (92.80) (28.83) (53.44) (19.93) (12.15) (21.09)
ROIC — — 0.00 (582.27) 0.00 (56.04) (428.92) (220.50) (163.59) (88.98)
ROE — — 0.00 (62.57) (395.16) (56.44) (98.89) (41.47) (24.40) (49.43)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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. $831.5M — (loss-making) 6.4× +5.04% (above 0%: growing) +44.44% (above 0%: growing) −90.17% (below 0%: shrinking) 73.62% 18.41% Compare
DDI DoubleDown Interactive Co., Ltd. Sponsored ADR $680.1M 5.5× 4.7× +11.17% (above 0%: growing) +50.00% (above 0%: growing) +24.80% (above 0%: growing) 75.54% 38.72% Compare
GRVY GRAVITY Co., Ltd. $463.6M 8.2× — −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. $328.7M 1.5× — (loss-making) +7.34% (above 0%: growing) n/m +65.84% (above 0%: growing) 78.64% (13.50%) Compare
FIRY Firy Inc. $192.3M — (loss-making) — (loss-making) +22.92% (above 0%: growing) n/m +15.94% (above 0%: growing) 87.38% (69.59%)
GDEV GDEV Inc. $190.2M 2.7× 2.8× −18.54% (below 0%: shrinking) +1,000.00% (above 0%: growing) +4,744.48% (above 0%: growing) 84.44% 21.72% Compare
CTW CTW Cayman $114.2M — — — — −216.27% (below 0%: shrinking) — — Compare
GCL GCL Global Holdings Ltd. $106.6M — (loss-making) — — −66.67% (below 0%: shrinking) −1,222.35% (below 0%: shrinking) — — Compare
MYPS PLAYSTUDIOS, Inc. $50.2M — (loss-making) — (loss-making) −7.32% (below 0%: shrinking) n/m −80.34% (below 0%: shrinking) 80.32% (17.36%) Compare
Median of peers $259.5M 4.1× 4.7× −1.14% +50.00% −27.77% 77.09% 17.73%

All 23 Electronic Gaming & Multimedia stocks →

Firy Inc. (FIRY) key facts

  • Strength: Firy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $104.5 million, up 12.5% from fiscal 2024.
  • Firy Inc. (FIRY) is an Electronic Gaming & Multimedia company in the Communication Services sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, FIRY traded at $11.49, a market capitalization of $192.3 million.
  • Return on equity was −49.4% and debt-to-equity 1.52.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is −5.20 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Firy Inc. (FIRY) Latest News

13 Aug

19 May

Impact 3 · transcript

15 May

23 Apr

28 Dec

Impact 3 ·
stockrow.com/FIRY · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com