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NIPG · NASDAQ · Entertainment

NIP Group (ADR) (NIPG)

Operates esports teams, creator management, live entertainment, and bitcoin-mining infrastructure.

$13.31
After hours−0.34 (−2.49%)
At close$13.65(+3.02%)
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NIP Group Inc.NIPG
Communication Services

Operates esports teams, creator-management services, and live events, monetizing talent through advertising, brand integrations, sponsorships, and commercial rights. A Mining and Digital Assets division adds bitcoin-mining capacity to a cross-border business spanning China, Sweden, Abu Dhabi, and a U.S. ADS listing.

Combines esports team operations, talent management services, and event production. Professional teams competing under the Ninjas in Pyjamas/NIP identity generate sponsorship, publisher and league distributions, digital-item participation, and other commercial rights; talent management monetizes online creators through livestreaming, advertising, brand integrations, promotion, and product placement.

Expands live entertainment into music festivals and other physical experiences for younger audiences, while a Mining and Digital Assets division uses computing capacity to mine bitcoin. China anchors talent, events, and parts of esports; the Swedish NIP heritage supports Western operations, and Abu Dhabi serves as the operational global headquarters.

Depends on publishers and league operators for competition access, schedules, media and in-game rights, and revenue-sharing confirmation. Mining cash generation is tied to coins produced, power, equipment uptime, network conditions, and bitcoin economics; it also operates as a Cayman foreign private issuer with U.S.-listed ADSs.

Company facts

CEOMario Yau Kwan Ho and Hicham Chahine
ListedJul 26, 2024
ExchangeNASDAQ
HeadquartersAbu Dhabi, United Arab Emirates
CountrySweden
Employees247
CIK0001966233
ISINUS6545032004

Market cap$12.5M
EPS (ttm)
P/E (ttm)
ROE
P/B0.1416
P/S
Dividend yieldDiv yield
Beta0.96vs XLC −0.50

No analyst consensus on record.

EPSReportedEstimate

Mar '23Jun '23Sep '23Dec '23Nov '24Apr '25Dec '25Apr '26
Reported−$1.42−$1.42−$0.08$0.00−$31.20−$2.40−$0.72−$11.40
Estimate−$0.21−$0.06−$2.70
Surprise−1,042.9%−1,042.9%−322.2%

RevenueReportedEstimate

Mar '23Jun '23Sep '23Dec '23Nov '24Apr '25Dec '25Apr '26
Reported$19.3M$19.3M$21.2M$23.9M$45.9M$61.2M$32.7M
Estimate$41.0M$41.0M$55.0M
Surprise+12.0%+49.2%−40.6%
Estimate−$2.70
Reported−$11.40−322.2%
Estimate$55.0M
Reported$32.7M−40.6%
View details

Debt to equity60.10%
Current ratio87.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY22Q4 FY22Q1 FY23Q2 FY23Q3 FY23Q4 FY23Q3 FY25Q4 FY25
Revenue$15.8M$25.2M$19.3M$19.3M$21.2M$23.9M$32.7M$32.7M
Net income−$3.2M$3.2M−$12.0M−$12.0M−$2.1M$31.0K−$50.8M−$50.8M
Net margin0.0%12.9%0.0%0.0%0.0%0.1%0.0%0.0%

GrowthOperating income

Q3 FY22Q4 FY22Q1 FY23Q2 FY23Q3 FY23Q4 FY23Q3 FY25Q4 FY25
Operating income−$4.1M$2.5M−$6.2M−$6.2M−$2.8M$500.5K−$54.7M−$54.7M
YoY growthLoss narrowed−79.9%

Balance sheet, Dec 31, 2025Cash & short-term investments $10.3M · Total debt $53.1M · Total assets $202.4M · Shareholders' equity $88.3M

Revenue
$32.7M
Operating income
−$54.7M
Net income
−$50.8M
View details

No dividends on record.

Institutions3.28%31.0K ADS
6 holders · as of Jun 30, 2026
Insiders1.33%12.6K ADS
2 holders · as of May 21, 2026
Other95.39%900.1K ADS
remainder

943.6K ADS as of Sep 12, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Susquehanna International Group, LLPInstitution
2.37%669,885 ADSas of Jun 30, 2026
Heng TangInsiderofficer: Executive Vice President
1.33%12,550 ADSfiled May 21, 2026
Citadel Advisors LLCInstitution
0.74%209,365 ADSas of Jun 30, 2026
Goldman Sachs Group IncInstitution
0.13%36,862 ADSas of Jun 30, 2026
XTX Topco LtdInstitution
0.04%11,357 ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 30, 2026Liwei Sundirector, officer: President−353,624$1.25
View details

  • GameSquare

    Direct rival in esports brands, creator marketing, and sponsorship.

  • Bilibili (ADR)

    China gaming video and creator-monetization rival.

  • MARA

    Scaled Bitcoin-mining rival for capacity and coin economics.

  • Riot Platforms

    Bitcoin-mining rival with large-scale power infrastructure.

  • CleanSpark

    Operational Bitcoin-mining rival for fleet efficiency and scale.

  • IREN

    Bitcoin-mining infrastructure rival with data-center optionality.

CompareAfter hours

CompanyPriceChange
NIP Group (ADR)$13.31−2.49%$12.5M−28.8%
GameSquare$3.35+0.60%$42.9M0.7+16.2%
Bilibili (ADR)$15.24−0.33%$6.37B30.118.31.4+14.1%
MARA$13.62−0.07%$5.06B6.3−26.7%
Riot Platforms$24.90−0.10%$9.14B13.6+13.9%
CleanSpark$15.14+0.03%$3.79B5.6−30.5%
IREN$48.36−0.40%$16.85B23.8−26.8%
Median30.118.35.9−6.4%