🚀 VC round data is live in beta, check it out!
- Public Comps
- Trophy Games
Trophy Games Valuation Multiples
Discover revenue and EBITDA valuation multiples for Trophy Games and similar public comparables like Aiming, Nexteq, PLAYSTUDIOS, Coly and more.
Trophy Games Overview
About Trophy Games
Trophy Games Development AS is a Denmark-based company that develops and publishes mobile and pc games. Its game studio provides endless entertainment and challenging gameplay for all players. The company offers games for mobile, Steam, and browser.
Founded
2006
HQ

Employees
44
Website
Financials (FY)
EV
$57M
Trophy Games Financials
Trophy Games reported last fiscal year revenue of $20M and EBITDA of $5M.
In the same fiscal year, Trophy Games generated $8M in gross profit, $5M in EBITDA, and $2M in net income.
Trophy Games P&L
In the most recent fiscal year, Trophy Games reported revenue of $20M and EBITDA of $5M.
Trophy Games expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $20M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $8M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 43% | XXX | XXX | XXX |
| EBITDA | — | XXX | $5M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 25% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | 16% | XXX | XXX | XXX |
| Net Profit | — | XXX | $2M | XXX | XXX | XXX |
| Net Margin | — | XXX | 10% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Trophy Games Stock Performance
Trophy Games has current market cap of $61M, and enterprise value of $57M.
Market Cap Evolution
Trophy Games' stock price is $2.26.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $57M | $61M | 0.0% | XXX | XXX | XXX | $0.07 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialTrophy Games Valuation Multiples
Trophy Games trades at 2.9x EV/Revenue multiple, and 11.8x EV/EBITDA.
Trophy Games Financial Valuation Multiples
As of April 7, 2026, Trophy Games has market cap of $61M and EV of $57M.
Equity research analysts estimate Trophy Games' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Trophy Games has a P/E ratio of 31.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $61M | XXX | $61M | XXX | XXX | XXX |
| EV (current) | $57M | XXX | $57M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 2.9x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 11.8x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | 18.0x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 6.7x | XXX | XXX | XXX |
| P/E | — | XXX | 31.4x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 104.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Trophy Games Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Trophy Games Margins & Growth Rates
Trophy Games' revenue in the last fiscal year grew by 40%.
Trophy Games' revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.1M for the same period.
Trophy Games Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 40% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 25% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 25% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 27% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Trophy Games Public Comps
See public comps and valuation multiples for other Gaming - Mobile and Gaming - Console & PC comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Aiming | XXX | XXX | XXX | XXX | XXX | XXX |
| Nexteq | XXX | XXX | XXX | XXX | XXX | XXX |
| PLAYSTUDIOS | XXX | XXX | XXX | XXX | XXX | XXX |
| Coly | XXX | XXX | XXX | XXX | XXX | XXX |
| Acer Gaming | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Trophy Games M&A Activity
Trophy Games acquired XXX companies to date.
Last acquisition by Trophy Games was on XXXXXXXX, XXXXX. Trophy Games acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Trophy Games
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialTrophy Games Investment Activity
Trophy Games invested in XXX companies to date.
Trophy Games made its latest investment on XXXXXXXX, XXXXX. Trophy Games invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Trophy Games
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Trophy Games
| When was Trophy Games founded? | Trophy Games was founded in 2006. |
| Where is Trophy Games headquartered? | Trophy Games is headquartered in Denmark. |
| How many employees does Trophy Games have? | As of today, Trophy Games has over 44 employees. |
| Is Trophy Games publicly listed? | Yes, Trophy Games is a public company listed on Nasdaq Copenhagen. |
| What is the stock symbol of Trophy Games? | Trophy Games trades under TGAMES ticker. |
| When did Trophy Games go public? | Trophy Games went public in 2021. |
| Who are competitors of Trophy Games? | Trophy Games main competitors are Aiming, Nexteq, PLAYSTUDIOS, Coly. |
| What is the current market cap of Trophy Games? | Trophy Games' current market cap is $61M. |
| What is the current revenue of Trophy Games? | Trophy Games' last fiscal year revenue is $20M. |
| What is the current EV/Revenue multiple of Trophy Games? | Current revenue multiple of Trophy Games is 2.9x. |
| Is Trophy Games profitable? | No, Trophy Games is not profitable. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.