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Added to YB: 2025-06-30

Pitch date: 2025-06-25

MEGR.ST [neutral]

Mediacle Group AB (publ)

Author Info

SpruceHill Capital is a value investor with a focus on illiquid small and micro cap stocks. Sign up for the newsletter.

Company Info

Mediacle Group AB (publ) engages in the software, game development, design and development, digital marketing, and lead generation businesses in Sweden.

Market Cap

SEK 128.6M

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

0.69

P/E

12.03

EV/Sales

0.22

Sector

Software

Category

N/A

Show full summary:
Mediacle Group AB: Profitable and Growing Business Trading Close to Net Cash

MEGR.ST pass: Profitable affiliate marketing firm (17% rev CAGR, 10-20% EBIT margin) trading at 7x P/CFO with 80% of market cap in cash. Red flags: 1) Limited disclosure 2) Unclear external costs (80% of expenses) 3) Poor capital allocation (crypto investment) 4) 85% founder ownership 5) Unexplained high tax rates.

Read full article (4 min)