Hacksaw AB (publ)

OM:HACK Stock Report

Market Cap: SEK 21.0b

Hacksaw Past Earnings Performance

Past criteria checks 5/6

Hacksaw has been growing earnings at an average annual rate of 41.5%, while the Entertainment industry saw earnings growing at 0.4% annually. Revenues have been growing at an average rate of 30.7% per year. Hacksaw's return on equity is 133.1%, and it has net margins of 76.8%.

Key information

41.53%

Earnings growth rate

37.60%

EPS growth rate

Entertainment Industry Growth38.51%
Revenue growth rate30.68%
Return on equity133.12%
Net Margin76.76%
Next Earnings Update03 Nov 2026

Recent past performance updates

Recent updates

Narrative Update Jul 10

HACK: Expanded European Partnerships Will Support Higher Future Earnings Multiple

Analysts have adjusted their price target for Hacksaw to SEK105 from SEK100 to reflect updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News for Hacksaw Hacksaw AB (publ) entered a new partnership with PASINO.ch, adding its slot titles to the Swiss operator's online casino platform and broadening access to Swiss players.
New Narrative Mar 03

Rising Third Party Content And Regulation Risks Will Eventually Support A Stronger Long Term Position

Catalysts About Hacksaw Hacksaw develops and distributes online slot games, combining in-house titles with content from third-party studios through its OpenRGS platform. What are the underlying business or industry changes driving this perspective?
New Narrative Feb 15

Expanding Games Portfolio And OpenRGS Platform Will Support Stronger Long Term Earnings Power

Catalysts About Hacksaw Hacksaw develops and distributes online casino games through its own platform and third-party studios for iGaming operators globally. What are the underlying business or industry changes driving this perspective?
New Narrative Jan 25

Expanding Games Portfolio And New Regulated Markets Will Support Long Term Earnings Potential

Catalysts About Hacksaw Hacksaw develops and distributes iGaming content and platform services to operators globally. What are the underlying business or industry changes driving this perspective?

Revenue & Expenses Breakdown

How Hacksaw makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OM:HACK Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 26224172290
31 Mar 26210155260
31 Dec 25197134240
30 Sep 25186119220
30 Jun 25171106190
31 Mar 2515697170
31 Dec 2413792150
31 Dec 23675090
31 Dec 22321450

Quality Earnings: HACK has a high level of non-cash earnings.

Growing Profit Margin: HACK's current net profit margins (76.8%) are higher than last year (62%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: HACK's earnings have grown significantly by 41.5% per year over the past 5 years.

Accelerating Growth: HACK's earnings growth over the past year (61.8%) exceeds its 5-year average (41.5% per year).

Earnings vs Industry: HACK earnings growth over the past year (61.8%) exceeded the Entertainment industry -66.4%.


Return on Equity

High ROE: HACK's Return on Equity (133.1%) is considered outstanding.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/23 17:53
End of Day Share Price 2026/07/23 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hacksaw AB (publ) is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jack CummingsBerenberg
James BassCitigroup Inc
Mikael LaséenDNB Carnegie