NIP Group Inc. (NIPG)
NIP Group Inc. operates in the Entertainment industry of the Communication Services sector, headquartered in Stockholm, AB, SE. The stock last traded at $8.99, up 3.33% on the session, giving a market capitalisation of $8.5M. On trailing twelve-month figures it carries a trailing P/E of -0.39, a net margin of -155.3%. Its beta of 1.81 implies it has historically moved more than the broad market.
NIP Group Inc. operates as a comprehensive esports organization, with significant operations in the People's Republic of China, Sweden, and other global markets. The company manages prominent esports brands, including Ninjas in Pyjamas, which is recognized for its PC and console gaming focus, and eStar Gaming, specializing in mobile esports. Beyond brand ownership, NIP Group cultivates and manages numerous competitive esports teams that participate across a wide array of video game titles and competitive levels. Its service portfolio is extensive, covering talent management, large-scale event production, content creation through dedicated creative studios, and advertising services. Furthermore, NIP Group Inc. contributes to the educational aspect of esports by offering related services to various academic institutions. It also engages in commercial licensing, allowing companies to utilize the likenesses of its athletes – including advanced AI and virtual representations – for promotional purposes. Established in 2021, NIP Group Inc. is headquartered in Stockholm, Sweden.
NIP Group Inc. is most often compared with the following Communication Services names: