NIP Group Inc.(NIPG)Earnings, Financials & Key Ratios
NIPG•NASDAQ
$0.63
$18M mkt cap·Price updated May 7, 2026
AboutNIP Group Inc., through its subsidiaries, operates as an esports company primarily in the People's Republic of China, Sweden, and internationally. It operates Ninjas in Pyjamas, a PC/console esports brand; eStar Gaming, a mobile esports brand. The company also operates a portfolio of esports teams competing at various level in video game titles; and engages in talent management, event production, creative studios, and advertising businesses. In addition, it offers esports education related services to educational institutions; and licenses companies to use the image, including AI and virtual image of its athletes for promotion. NIP Group Inc. was incorporated in 2021 and is based in Stockholm, Sweden.Show more
- Revenue$127M+48.4%
- EBITDA-$47M-317.7%
- Net Income-$237M-1771.4%
- EPS (Diluted)0.00+100.0%
- Gross Margin-1.17%-133.2%
- EBITDA Margin-37.02%-181.5%
- Operating Margin-46.48%-134.7%
- Net Margin-187.69%-1161.2%
- ROE-142.89%-2671.3%
- ROIC-22.74%-353.9%
- Debt/Equity0.57+615.7%
- Interest Coverage-111.37-312.3%
NIPG Key Insights
NIP Group Inc. (NIPG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y sales CAGR of 86.1%
- ✓Share count reduced 100.0% through buybacks
- ✓Trading at only 0.6x book value
✗Weaknesses
- ✗Profits declining 136.5% over 5 years
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 8 (bottom 8%)
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NIPG Price & Volume
NIP Group Inc. (NIPG) stock price & volume — 10-year historical chart
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NIPG Growth Metrics
NIP Group Inc. (NIPG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years86.06%
3 Years24.33%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years-14.38%
5 Years-13.11%
3 Years-14.68%
Last Year-30.47%
NIPG Peer Comparison
NIP Group Inc. (NIPG) competitors in Gaming and Esports — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 HOFV | 2.35M | 0.35 | -0.04 | -12.12% | -366.24% | -207.29% | 3.45 | |
 GFAI | 10.31M | 0.47 | -0.89 | 0.18% | -32.94% | -69.69% | 0.08 | |
 SKLZ | 108.93M | 6.98 | -1.55 | 9.46% | -67.38% | -52.52% | 1.15 | |
 HUYA | 481.24M | 3.20 | -103.70 | -13.09% | -2.51% | -2.41% | 0.01 | |
 DOYU | 141.84M | 4.70 | -3.31 | -22.78% | -4.81% | -6.48% | 0.00 | |
 BILI | 7.32B | 21.98 | -46.31 | 19.1% | 0.75% | 1.56% | 0.36 | |
 MSFT | 3.13T | 420.92 | 30.86 | 14.93% | 39.34% | 33.13% | 0.33 | |
 EA | 50.26B | 200.85 | 57.22 | 0.91% | 11.78% | 14.19% | 0.22 |
Compare NIPG vs Peers
NIP Group Inc. (NIPG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NIPG Income Statement
NIP Group Inc. (NIPG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 5.67M | 31.8M | 65.84M | 83.67M | 85.27M | 126.53M | 83.67M |
| Revenue Growth % | - | 460.53% | 107.01% | 27.09% | 1.91% | 48.39% | - |
| Cost of Goods Sold | 4.73M | 32.4M | 62.09M | 76.47M | 82.26M | 128.01M | 76.47M |
| COGS % of Revenue | 83.39% | 101.87% | 94.32% | 91.4% | 96.47% | 101.17% | - |
| Gross Profit | 942.63K▲ 0% | -593.12K▼ 162.9% | 3.74M▲ 731.0% | 7.2M▲ 92.4% | 3.01M▼ 58.2% | -1.48M▼ 149.2% | 7.2M▲ 0% |
| Gross Margin % | 16.61% | -1.86% | 5.68% | 8.6% | 3.53% | -1.17% | 8.6% |
| Gross Profit Growth % | - | -162.92% | 730.97% | 92.35% | -58.18% | -149.23% | - |
| Operating Expenses | 3.82M | 7.86M | 11.82M | 21.85M | 19.9M | 57.33M | 21.41M |
| OpEx % of Revenue | 67.36% | 24.71% | 17.96% | 26.12% | 23.34% | 45.31% | - |
| Selling, General & Admin | 3.82M | 7.86M | 11.82M | 21.85M | 19.9M | 57.33M | 21.85M |
| SG&A % of Revenue | 67.36% | 24.71% | 17.96% | 26.12% | 23.34% | 45.31% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - |
| Other Operating Expenses | -24.18K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -2.88M▲ 0% | -8.45M▼ 193.5% | -8.08M▲ 4.4% | -14.65M▼ 81.3% | -16.89M▼ 15.3% | -58.81M▼ 248.2% | -14.65M▲ 0% |
| Operating Margin % | -50.75% | -26.57% | -12.27% | -17.51% | -19.81% | -46.48% | -17.51% |
| Operating Income Growth % | - | -193.51% | 4.39% | -81.32% | -15.27% | -248.23% | - |
| EBITDA | -2.57M | -4.97M | -2.59M | -8.12M | -11.21M | -46.84M | -8.53M |
| EBITDA Margin % | -45.23% | -15.64% | -3.93% | -9.7% | -13.15% | -37.02% | -10.2% |
| EBITDA Growth % | - | -93.83% | 47.92% | -213.36% | -38.15% | -317.7% | - |
| D&A (Non-Cash Add-back) | 313.12K | 3.48M | 5.49M | 6.53M | 5.67M | 11.97M | 6.12M |
| EBIT | -2.9M | -7.55M | -5.58M | -13.94M | -14.52M | -249.35M | -14.37M |
| Net Interest Income | -178.25K | -519.5K | -460K | -523.32K | -537.48K | -2.24M | -86.47K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 218.43K |
| Interest Expense | 178.25K | 519.5K | 460K | 523.32K | 537.48K | 2.24M | 304.89K |
| Other Income/Expense | -202.43K | 377.79K | 1.13M | 193.24K | 1.83M | -192.77M | 207.75K |
| Pretax Income | -3.08M▲ 0% | -8.07M▼ 162.0% | -6.45M▲ 20.2% | -14.46M▼ 124.3% | -15.06M▼ 4.1% | -251.58M▼ 1571.1% | -14.44M▲ 0% |
| Pretax Margin % | -54.32% | -25.39% | -9.79% | -17.28% | -17.66% | -198.84% | -17.26% |
| Income Tax | 130.21K | 65.89K | -139.45K | -1.2M | -2.37M | -13.47M | 435.58K |
| Effective Tax Rate % | -4.22% | -0.82% | 2.16% | 8.31% | 15.74% | 5.35% | -3.02% |
| Net Income | -3.21M▲ 0% | -8M▼ 149.1% | -6.22M▲ 22.3% | -13.26M▼ 113.3% | -12.69M▲ 4.3% | -237.48M▼ 1771.4% | -26.09M▲ 0% |
| Net Margin % | -56.61% | -25.16% | -9.44% | -15.85% | -14.88% | -187.69% | -31.18% |
| Net Income Growth % | - | -149.06% | 22.3% | -113.3% | 4.29% | -1771.42% | - |
| Net Income (Continuing) | -3.21M | -8.14M | -6.05M | -13.26M | -12.69M | -238.12M | -25.96M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 6.35M | 5M | 5M | 4.94M | 4.61M | 5M |
| EPS (Diluted) | -0.11▲ 0% | -0.28▼ 154.5% | -0.22▲ 21.4% | -2.04▼ 827.3% | -1.30▲ 36.3% | 0.00▲ 100.0% | -0.93▲ 0% |
| EPS Growth % | - | -154.55% | 21.43% | -827.27% | 36.27% | 100% | - |
| EPS (Basic) | -0.11 | -0.28 | -0.22 | -2.04 | -1.30 | 0.00 | - |
| Diluted Shares Outstanding | 28.03M | 28.03M | 28.03M | 28.03M | 37.64M | 0 | 28.03M |
| Basic Shares Outstanding | 28.03M | 28.03M | 28.03M | 28.03M | 37.64M | 0 | 28.03M |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
NIPG Balance Sheet
NIP Group Inc. (NIPG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 6.44M | 28.99M | 32.84M | 29.35M | 44.42M | 77.53M | 29.35M |
| Cash & Short-Term Investments | 5.05M | 11.41M | 9.59M | 7.59M | 12.55M | 10.35M | 7.59M |
| Cash Only | 5.05M | 11.41M | 9.59M | 7.59M | 9.56M | 7.14M | 7.59M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 3M | 3.21M | 0 |
| Accounts Receivable | 853.86K | 15.91M | 15.55M | 19.15M | 29.17M | 36.61M | 19.15M |
| Days Sales Outstanding | 54.93 | 182.6 | 86.19 | 83.56 | 124.85 | 105.62 | 59.21 |
| Inventory | 22.61K | 0 | 480.29K | 165.51K | 135.59K | 170.83K | 165.51K |
| Days Inventory Outstanding | 1.74 | - | 2.82 | 0.79 | 0.6 | 0.49 | 1.24 |
| Other Current Assets | 1.46K | 44.42K | 78.77K | 109.38K | 475.21K | 17.92M | 109.38K |
| Total Non-Current Assets | 14.02M | 111.8M | 101.1M | 284.49M | 268.15M | 124.84M | 284.49M |
| Property, Plant & Equipment | 108.77K | 3.56M | 4.7M | 5.04M | 5.01M | 22.13M | 5.04M |
| Fixed Asset Turnover | 52.16x | 8.93x | 14.02x | 16.59x | 17.02x | 5.72x | 16.35x |
| Goodwill | 0 | 32.28M | 29.83M | 141.4M | 131.91M | 30.36M | 141.4M |
| Intangible Assets | 13.37M | 75.42M | 65.38M | 133.97M | 127.98M | 68.58M | 133.97M |
| Long-Term Investments | 1.56K | 593 | 3.28K | 0 | 0 | 0 | 3.72K |
| Other Non-Current Assets | 0 | 0 | 1.18M | 3.52M | 1.16M | 2.25M | 8.06M |
| Total Assets | 20.47M▲ 0% | 140.79M▲ 587.9% | 133.94M▼ 4.9% | 313.84M▲ 134.3% | 312.57M▼ 0.4% | 202.38M▼ 35.3% | 313.84M▲ 0% |
| Asset Turnover | 0.28x | 0.23x | 0.49x | 0.27x | 0.27x | 0.63x | 0.27x |
| Asset Growth % | - | 587.93% | -4.87% | 134.32% | -0.41% | -35.25% | 134.32% |
| Total Current Liabilities | 6.56M | 33.36M | 28.52M | 28.78M | 40.33M | 88.62M | 28.78M |
| Accounts Payable | 1.98M | 9.14M | 9.53M | 12.73M | 19.07M | 32.42M | 12.73M |
| Days Payables Outstanding | 152.96 | 102.97 | 56 | 60.76 | 84.62 | 92.45 | 40.72 |
| Short-Term Debt | 0 | 2.67M | 6.42M | 5.61M | 13.88M | 45.96M | 5.61M |
| Deferred Revenue (Current) | 8.21K | 3.42M | 208.69K | 500.79K | 1.04M | 1.61M | 803.53K |
| Other Current Liabilities | 0 | 0 | 0 | 7.86M | 0 | 1.43M | 7.86M |
| Current Ratio | 0.98x | 0.87x | 1.15x | 1.02x | 1.10x | 0.87x | 0.87x |
| Quick Ratio | 0.98x | 0.87x | 1.13x | 1.01x | 1.10x | 0.87x | 0.87x |
| Cash Conversion Cycle | -96.29 | - | 33.01 | 23.59 | 40.83 | 13.66 | 19.74 |
| Total Non-Current Liabilities | 20.78M | 18.87M | 15.96M | 32.32M | 32.77M | 20.84M | 32.32M |
| Long-Term Debt | 0 | 1.42M | 0 | 3.71M | 3.38M | 3.19M | 3.71M |
| Capital Lease Obligations | 0 | 0 | 1.57M | 1.48M | 1.09M | 3.38M | 2.97M |
| Deferred Tax Liabilities | 0 | 12.8M | 10.85M | 24.66M | 23.66M | 11.19M | 48.73M |
| Other Non-Current Liabilities | 0 | 4.65M | 3.54M | 2.47M | 4.64M | 3.08M | 60.06M |
| Total Liabilities | 6.56M | 52.23M | 44.48M | 61.1M | 73.1M | 109.46M | 61.1M |
| Total Debt | 491.95K | 15.59M | 14.14M | 11.44M | 19.12M | 53.1M | 11.44M |
| Net Debt | -4.56M | 4.18M | 4.55M | 3.84M | 9.56M | 45.96M | 3.84M |
| Debt / Equity | 0.04x | 0.18x | 0.16x | 0.05x | 0.08x | 0.57x | 0.57x |
| Debt / EBITDA | - | - | - | - | - | - | -1.34x |
| Net Debt / EBITDA | - | - | - | - | - | - | -0.45x |
| Interest Coverage | -16.29x | -14.54x | -12.14x | -26.63x | -27.01x | -111.37x | -47.14x |
| Total Equity | 13.9M▲ 0% | 88.56M▲ 537.0% | 89.46M▲ 1.0% | 252.74M▲ 182.5% | 239.46M▼ 5.3% | 92.92M▼ 61.2% | 252.74M▲ 0% |
| Equity Growth % | - | 537.05% | 1.01% | 182.52% | -5.25% | -61.2% | 182.52% |
| Book Value per Share | 0.50 | 3.16 | 3.19 | 9.02 | 6.36 | 1.11 | 9.02 |
| Total Shareholders' Equity | 13.9M | 82.22M | 84.46M | 247.74M | 234.53M | 88.31M | 247.74M |
| Common Stock | 1.56K | 2.75K | 3.28K | 3.72K | 11.34K | 28.05K | 3.72K |
| Retained Earnings | -6.6M | -14.67M | -29.25M | -80.3M | -128.92M | -366.48M | -80.3M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -279.3K | 66.55K | 244.53K | 5.5M | -10.45M | 24.88M | 5.5M |
| Minority Interest | 0 | 6.35M | 5M | 5M | 4.94M | 4.61M | 5M |
NIPG Cash Flow Statement
NIP Group Inc. (NIPG) cash flow — operating, investing & free cash flow history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
| Cash from Operations | 529.78K | 331.54K | -9.63M | -5.15M | -16.54M | -15.69M | -15.69M |
| Operating CF Margin % | 9.34% | 1.04% | -14.62% | -6.16% | -19.4% | -12.4% | - |
| Operating CF Growth % | - | -37.42% | -3003.26% | 46.45% | -220.97% | 5.18% | 61.58% |
| Net Income | -3.21M | -8M | -6.22M | -13.26M | -12.69M | -238.12M | -26.09M |
| Depreciation & Amortization | 313.12K | 3.48M | 5.49M | 6.53M | 5.67M | 11.97M | 5.9M |
| Stock-Based Compensation | 2.63M | 455.75K | 165.72K | 6.12M | 0 | 36.72M | 6.16M |
| Deferred Taxes | 130.21K | 60.43K | -502.8K | -1.38M | -2.5M | -14.83M | 0 |
| Other Non-Cash Items | 2.6M | 8.94M | 13.39M | 325.12K | -1.07M | 190.94M | -3.96M |
| Working Capital Changes | 668.58K | 4.43M | -8.47M | -3.49M | -5.96M | -2.36M | 0 |
| Change in Receivables | -158.81K | -4.5M | -6.46M | -3.37M | -10.93M | -7.49M | 0 |
| Change in Inventory | 11.63K | -339.68K | 343.79K | 14.6K | 0 | 0 | 0 |
| Change in Payables | 811.75K | 2.88M | 4.12M | 2.87M | 6.02M | 7.4M | 0 |
| Cash from Investing | -1.91M | 7.16M | -2.31M | 2.17M | -4.96M | -917.57K | 2.17M |
| Capital Expenditures | -1.94M | -9.65M | -6.54M | -95.92K | -714.01K | -235.25K | -95.92K |
| CapEx % of Revenue | 34.27% | 30.34% | 9.93% | 0.11% | 0.84% | 0.19% | - |
| Acquisitions | 9.28K | 355.41K | -558.76K | 1.71M | 1.27M | -363.37K | 1.71M |
| Investments | - | - | - | - | - | - | - |
| Other Investing | 21K | 16.46M | 4.78M | 559.08K | -2.51M | -2.28M | 559.08K |
| Cash from Financing | 0 | -1.16M | 10.38M | 1.36M | 23.46M | 13.61M | 1.36M |
| Debt Issued (Net) | 0 | -2.72M | -89.17K | -218.01K | 7.27M | 9.85M | -373.4K |
| Equity Issued (Net) | 0 | 1.56M | 12.01M | 3M | 20.26M | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -1.49M | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 2.16K | -1.54M | -1.72M | -4.07M | 3.76M | 1.74M |
| Net Change in Cash | -1.29M▲ 0% | 6.36M▲ 594.1% | -1.82M▼ 128.7% | -1.99M▼ 9.4% | 1.96M▲ 198.6% | -2.42M▼ 223.2% | -1.99M▲ 0% |
| Free Cash Flow | -1.41M▲ 0% | -9.32M▼ 558.7% | -16.16M▼ 73.5% | -8.75M▲ 45.9% | -18.59M▼ 112.5% | -16.92M▲ 9.0% | -6.46M▲ 0% |
| FCF Margin % | -24.93% | -29.3% | -24.55% | -10.45% | -21.8% | -13.37% | -7.72% |
| FCF Growth % | - | -558.65% | -73.49% | 45.89% | -112.51% | 8.97% | - |
| FCF per Share | -0.05 | -0.33 | -0.58 | -0.31 | -0.49 | -0.20 | -0.20 |
| FCF Conversion (FCF/Net Income) | -0.16x | -0.04x | 1.55x | 0.39x | 1.30x | 0.07x | 0.25x |
| Interest Paid | 0 | 0 | 686.09K | 373.42K | 552.67K | 793.11K | 0 |
| Taxes Paid | 0 | 0 | 1.12K | 31.8K | 162.38K | 77.46K | 0 |
NIPG Key Ratios
NIP Group Inc. (NIPG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -15.61% | -6.98% | -7.75% | -5.16% | -142.89% | -10.49% |
| Return on Invested Capital (ROIC) | -12.42% | -6.49% | -6.27% | -5.01% | -22.74% | -22.74% |
| Gross Margin | -1.86% | 5.68% | 8.6% | 3.53% | -1.17% | 8.6% |
| Net Margin | -25.16% | -9.44% | -15.85% | -14.88% | -187.69% | -31.18% |
| Debt / Equity | 0.18x | 0.16x | 0.05x | 0.08x | 0.57x | 0.57x |
| Interest Coverage | -14.54x | -12.14x | -26.63x | -27.01x | -111.37x | -47.14x |
| FCF Conversion | -0.04x | 1.55x | 0.39x | 1.30x | 0.07x | 0.25x |
| Revenue Growth | 460.53% | 107.01% | 27.09% | 1.91% | 48.39% | - |
NIPG Frequently Asked Questions
NIP Group Inc. (NIPG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
NIP Group Inc. (NIPG) reported $83.7M in revenue for fiscal year 2025. This represents a 1375% increase from $5.7M in 2020.
NIP Group Inc. (NIPG) grew revenue by 48.4% over the past year. This is strong growth.
NIP Group Inc. (NIPG) reported a net loss of $26.1M for fiscal year 2025.
Dividend & Returns
NIP Group Inc. (NIPG) has a return on equity (ROE) of -142.9%. Negative ROE indicates the company is unprofitable.
NIP Group Inc. (NIPG) had negative free cash flow of $6.5M in fiscal year 2025, likely due to heavy capital investments.
Explore More NIPG
NIP Group Inc. (NIPG) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
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Dividend History
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Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
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