Key Points
0E3.SG stock trades flat at €1.495 on Stuttgart exchange with D+ rating.
Revenue collapsed 65.8% year-over-year with net loss of €10.38 per share.
Working capital deficit of €1.31 million and current ratio of 0.27 signal liquidity crisis.
Company faces bankruptcy risk without capital injection or strategic acquisition.
Cherrypick Games S.A. (0E3.SG) trades flat at €1.495 on the Stuttgart exchange (STU) as of May 1, 2026. The Warsaw-based mobile gaming developer faces significant headwinds with a D+ rating and strong sell recommendation from Meyka AI’s analysis platform. The stock has declined 27.8% over one year and trades well below its €2.50 year high, reflecting persistent challenges in the competitive gaming market. With negative earnings per share of -€2.21 and a market cap of €2.03 million, 0E3.SG stock presents a cautionary case study for investors evaluating distressed gaming companies.
0E3.SG Stock Performance and Technical Snapshot
The 0E3.SG stock remains unchanged today at €1.495, sitting between its €0.996 year low and €2.50 year high. The 50-day moving average stands at €1.29, while the 200-day average is €1.65, indicating the stock trades below both key technical levels. Over five days, 0E3.SG has declined 0.33%, while the one-month gain of 28.9% masks deeper structural problems. Trading volume data remains unavailable, limiting visibility into institutional interest. The stock’s flat performance today reflects market indifference rather than positive momentum, typical of oversold securities awaiting catalysts.
Current Valuation Metrics
Cherrypick Games trades at a price-to-sales ratio of 6.64, significantly elevated for a company generating minimal profits. The price-to-book ratio of 10.0 suggests the market values tangible assets at a steep premium despite negative tangible book value of -€0.90 per share. With negative earnings, traditional P/E ratios become meaningless. The enterprise value of €9.3 million relative to revenue indicates investors demand a substantial discount to justify holding 0E3.SG stock during this downturn.
Financial Deterioration and Meyka AI Grade Analysis
Meyka AI rates 0E3.SG with a grade of B, suggesting a HOLD recommendation despite the company’s operational challenges. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. However, the company’s financial metrics tell a darker story. Net income per share of -€10.38 reflects sustained losses, while operating cash flow per share of €0.49 barely covers expenses. Free cash flow per share stands at -€0.21, indicating the company burns cash despite operational activity. These grades are not guaranteed and we are not financial advisors.
Profitability Crisis
The company’s net profit margin of -10.9% means every euro of revenue generates losses. Return on equity plummets to -17.6%, destroying shareholder value systematically. Operating margin of -10.2% shows the core business cannot generate profits at scale. Revenue growth has contracted 65.8% year-over-year, signaling collapsing demand for Cherrypick’s mobile titles. The company’s flagship games—My Hospital, Touchdown Hero, and Must Deliver—have failed to maintain player engagement in an increasingly saturated market.
Balance Sheet Stress and Liquidity Concerns
Cherrypick Games faces acute balance sheet deterioration that threatens long-term viability. Working capital stands at -€1.31 million, meaning current liabilities exceed current assets by a dangerous margin. The current ratio of 0.27 indicates the company cannot cover short-term obligations with liquid assets, a critical red flag for operational continuity. Cash per share of €0.30 provides minimal runway for a 60-person operation. Debt-to-equity ratio of 1.23 shows leverage has increased despite shrinking profitability, forcing the company to borrow against declining asset values.
Debt and Solvency Metrics
Total debt relative to market cap stands at 12.4%, but this understates the severity given the company’s negative cash generation. Interest coverage of -210.7x means the company cannot service debt from operating earnings—a bankruptcy warning sign. The company’s €0.83 per share in interest-bearing debt compounds financial stress. Asset base has contracted 90.3% over ten years, reflecting decades of value destruction. Track 0E3.SG on Meyka for real-time updates on liquidity developments and potential restructuring announcements.
Market Sentiment and Gaming Sector Headwinds
The Technology sector, where Cherrypick Games operates, shows mixed performance with a 6.87% one-year gain but -3.46% year-to-date decline. The Electronic Gaming & Multimedia industry faces intense competition from well-capitalized rivals and shifting player preferences toward free-to-play models with aggressive monetization. Cherrypick’s inability to scale revenue while maintaining profitability suggests product-market fit challenges. The company’s Instagram shows 822 followers with zero engagement, indicating weak community building. LinkedIn activity remains minimal with only 2 job postings this month, suggesting hiring freeze conditions.
Trading Activity and Liquidation Risk
Average volume data remains unavailable, but the stock’s flat performance suggests minimal institutional trading. The €2.03 million market cap makes 0E3.SG illiquid and prone to wide bid-ask spreads. Retail investors face execution risk when attempting to exit positions. The company’s inability to raise capital at reasonable valuations increases liquidation risk if cash reserves deplete. Management faces mounting pressure to either achieve profitability, secure strategic investment, or pursue merger alternatives to preserve shareholder value.
Final Thoughts
Cherrypick Games S.A. (0E3.SG) remains a distressed gaming company struggling with revenue collapse, negative profitability, and balance sheet stress. Trading flat at €1.495 on Stuttgart exchange, the stock reflects market skepticism about turnaround prospects. The D+ rating and strong sell recommendation align with deteriorating fundamentals: -€10.38 net income per share, -17.6% return on equity, and working capital deficit of €1.31 million. While the stock has recovered 28.9% over one month, this bounce lacks fundamental support. Investors should recognize 0E3.SG stock as a speculative, high-risk position suitable only for those with deep conviction in mobile gam…
FAQs
The D+ rating reflects negative profitability, 65.8% revenue contraction, -17.6% return on equity, and balance sheet stress. It incorporates sector performance, financial growth, and analyst consensus.
0E3.SG trades at €1.495 on Stuttgart exchange with €2.03 million market cap. Annual decline of 27.8% was offset by 28.9% recovery over the past month.
No. The company reports negative earnings of -€10.38 per share, -10.9% net profit margin, and -€0.21 free cash flow per share, indicating ongoing cash burn.
Key risks include liquidity crisis with 0.27 current ratio, €1.31 million working capital deficit, inability to service debt operationally, and revenue collapse. Bankruptcy risk remains elevated.
Cherrypick Games develops mobile games including My Hospital, Touchdown Hero, Must Deliver, Super Sunday, and Auctioneer. The 60-person company is based in Warsaw, Poland.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
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