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Keywords Studios plc (KYYWY) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

DELISTED

What happened to Keywords Studios plc (KYYWY) stock?

Keywords Studios plc (KYYWY) no longer trades on public markets. The figures below are historical and are not a current quote.

MCap: $1.45B| P/E Ratio: 113.96| Vol: 100| 52-wk range: $16.66 – $30.63

P/E 113.96 means the share price is 113.96 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $1.45B is the value of all shares combined. Beta 1.12: the stock has moved about 12% more than the S&P 500.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Keywords Studios plc (KYYWY). Keywords Studios plc provides outsourced creative and technical services to the video game industry. The company's services include art creation, marketing, audio/voice-over, localization, testing, player support, and software engineering. Market cap: $1.45B, Sector: Technology.

Last analyzed: Mar 16, 2026
Keywords Studios plc provides outsourced creative and technical services to the video game industry. The company's services include art creation, marketing, audio/voice-over, localization, testing, player support, and software engineering.

Analyst Coverage for KYYWY: KYYWY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates KYYWY against Technology peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the KYYWY film Every key number, told as a short cinematic story — just press play. ~2 min
Council Score · Weighted Average of 3 Disciplines
Split View 48/100 · C

KYYWY: 1/2 scored disciplines lean bearish. Dominant signal: Jim Simons bearish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated)Ray Dalio
Favorable read
Simons-style lens (simulated)Jim Simons
Unfavorable read
Englander-style lens (simulated)Izzy Englander
Favorable read
Klarman-style lens (simulated)Seth Klarman
Neutral read
Moon AI lens (model)
Neutral read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Neutral
Margin of Safety
Overvalued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

Keywords Studios plc (KYYWY) Technology Profile & Competitive Position

CEOBertrand J. F. X. Bodson
Employees13,000
HeadquartersDublin, IE
IPO Year2021

Keywords Studios plc, a global provider of specialized services to the video game industry, offers art creation, localization, testing, and player support. With a market capitalization of $1.45B, the company serves game developers and publishers internationally, positioning itself as a key partner in game development and live operations.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 16, 2026

What Is the Investment Thesis for KYYWY?

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

The company's comprehensive service offerings and global presence provide a strong foundation for future growth. With a market capitalization of $1.45B and a P/E ratio of 113.96, Keywords Studios' valuation reflects its growth potential. Key value drivers include the increasing demand for outsourced services in the video game industry, the company's ability to expand its service offerings, and its strategic acquisitions. Ongoing catalysts include the continued growth of the video game market and the increasing complexity of game development, which drives demand for specialized services. Potential risks include competition from other service providers and the cyclical nature of the video game industry. The company's dividend yield of 6.12% provides an additional incentive for investors.

Based on FMP financials and quantitative analysis

KYYWY Key Highlights

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

Market capitalization of $1.45B, reflecting its significant presence in the video game services market.

  • P/E ratio of 113.96, indicating investor expectations for future growth.
  • Gross margin of 38.3%, demonstrating its ability to maintain profitability in a competitive market.
  • Dividend yield of 6.12%, offering a return to investors.
  • Beta of 1.12, suggesting slightly higher volatility compared to the overall market.

Who Are KYYWY's Competitors?

KYYWY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
CRAYF Crayon Group Holding ASA $13.85 -4.94% $1.24B
ESKEF Esker S.A. $280.35 0.00% $1.67B
FUJXF Fujimi Incorporated $11.61 0.00% $861M 559-signal
FXCNF FIH Mobile Limited $3.00 0.00% $2.34B
HTCKF HTC Corporation $6.50 +75.68% $1.35B
MGRT Mega Fortune Company Limited $120.70 +2.29% $1.66B 415-pillar
AVID Avid Technology, Inc. $27.05 +0.02% $1.19B
PLTK Playtika Holding Corp. $2.31 +4.05% $879M

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.

What Are KYYWY's Key Strengths?

Comprehensive service offerings spanning the entire game development lifecycle.

  • Global presence with operations in multiple countries.
  • Strong relationships with leading game developers and publishers.
  • Expertise in multiple languages and cultures, enabling effective localization services.

What Are KYYWY's Weaknesses?

High P/E ratio of 113.96 may indicate overvaluation.

  • Profit margin of 2.6% is relatively low compared to industry peers.
  • Dependence on the cyclical nature of the video game industry.
  • Potential for competition from other service providers.

What Could Drive KYYWY Stock Higher?

Continued growth of the video game market, driving demand for outsourced services.

  • Strategic acquisitions to expand geographic reach and service offerings.
  • Potential partnerships with leading game developers and publishers in emerging markets.
  • Expansion of service offerings to include emerging areas such as VR/AR game development.
  • Increasing demand for localization services as the video game market becomes increasingly global.

What Are the Key Risks for KYYWY?

Rich valuation — a P/E of 113.96 runs well above the Technology sector’s ~32.70x, leaving little room for a miss.

  • Competition from other service providers.
  • Cyclical nature of the video game industry.
  • Technological disruption.
  • Economic downturns that could reduce consumer spending on video games.
  • Currency risk associated with fluctuations in the EUR/USD exchange rate.

What Are the Growth Opportunities for KYYWY?

  • Expansion of service offerings: Keywords Studios can expand its service offerings to include emerging areas such as virtual reality (VR) and augmented reality (AR) game development. The VR/AR market is projected to reach $50 billion by 2028, presenting a significant growth opportunity for the company. By offering specialized services in these areas, Keywords Studios can attract new clients and increase its revenue.
  • Strategic acquisitions: Keywords Studios can pursue strategic acquisitions to expand its geographic reach and service offerings. The company has a history of successful acquisitions, and further acquisitions can help it consolidate its position in the market. Potential acquisition targets include companies specializing in emerging technologies or those with a strong presence in key geographic markets. This ongoing strategy can drive long-term growth and increase market share.
  • Increased demand for localization services: As the video game market becomes increasingly global, the demand for localization services is expected to increase. Keywords Studios is well-positioned to capitalize on this trend, with its expertise in translation and cultural adaptation. The global localization market is projected to reach $10 billion by 2027, providing a significant growth opportunity for the company. Ongoing expansion of localization capabilities will drive revenue growth.
  • Growth in esports: The rise of esports presents a significant growth opportunity for Keywords Studios. The company can provide services such as player support, community management, and marketing to esports organizations and game developers. Keywords Studios can leverage its expertise in the video game industry to capitalize on this trend.
  • Penetration of emerging markets: Keywords Studios can expand its presence in emerging markets such as India and Southeast Asia, where the video game market is experiencing rapid growth. By establishing a presence in these markets, the company can tap into new sources of revenue and diversify its geographic footprint. The video game market in emerging markets is projected to grow at a rate of 15% per year over the next five years, presenting a significant growth opportunity for the company. Ongoing expansion into these regions will drive revenue growth.

What Are KYYWY's Competitive Advantages?

  • Global scale and presence, with operations in multiple countries.
  • Comprehensive service offerings spanning the entire game development lifecycle.
  • Strong relationships with leading game developers and publishers.
  • Expertise in multiple languages and cultures, enabling effective localization services.

What Does KYYWY Do?

Founded in 1998 and headquartered in Dublin, Ireland, Keywords Studios plc has evolved into a leading provider of integrated outsourced creative and technical services for the video game industry. The company's comprehensive suite of services spans the entire game development lifecycle, including art creation, marketing, audio/voice-over, localization, testing, player support, and software engineering. Keywords Studios operates globally, with a presence in Canada, the United States, the United Kingdom, Italy, Russia, Japan, Poland, China, India, Ireland, the Philippines, Spain, France, Singapore, and Australia. Keywords Studios' art creation services encompass concept art, 2D and 3D art asset production, and animation. The company's marketing services include game trailers, marketing art and materials, PR, and brand campaign services. Audio/voice-over services cover script translation, actor selection, talent management, audio direction, recording, and post-production. Localization services involve the translation and cultural adaptation of in-game text and audio scripts. Testing services include linguistic correctness and cultural acceptability testing, as well as functional testing for quality assurance. Player support services provide live operations support, community management, and player support. The company also offers software engineering services for developing video games. Keywords Studios serves a diverse range of game developers and publishers, offering tailored solutions to meet their specific needs. With 13,000 employees, the company has established itself as a key partner in the video game industry, providing essential services that enable game developers to create and deliver high-quality gaming experiences.

What Products and Services Does KYYWY Offer?

  • Provides art creation services for video games, including concept art, 2D and 3D art asset production, and animation.
  • Offers marketing services, including game trailers, marketing art and materials, PR, and brand campaign services.
  • Delivers audio/voice-over services, including script translation, actor selection, talent management, audio direction, recording, and post-production.
  • Provides localization services related to translation and cultural adaptation of in-game text and audio scripts.
  • Offers localization testing services consisting of testing the linguistic correctness and cultural acceptability of computer games.
  • Provides functional testing services related to quality assurance services to ensure game functions.
  • Delivers player support services related to live operations support, such as community management and player support.
  • Offers software engineering services for developing video games.

How Does KYYWY Make Money?

  • Provides outsourced creative and technical services to video game developers and publishers.
  • Generates revenue through project-based fees and ongoing service contracts.
  • Offers a comprehensive suite of services spanning the entire game development lifecycle.

What Industry Does KYYWY Operate In?

Keywords Studios plc operates within the global video game industry, which is experiencing significant growth driven by increasing adoption of mobile gaming, esports, and cloud gaming. The industry is characterized by intense competition, with numerous game developers and publishers vying for market share. Keywords Studios plays a crucial role in the industry by providing essential outsourced services that enable game developers to focus on their core competencies. The company competes with other service providers, but its comprehensive service offerings and global presence provide a competitive advantage.

Who Are KYYWY's Key Customers?

  • Game developers of all sizes, from independent studios to large publishers.
  • Publishers who outsource aspects of game development and live operations.
  • Esports organizations seeking player support and community management services.
Model self-rating on this text: 72% (not a measure of the evidence) Updated: Mar 16, 2026

Research confidence

Low 12/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price 5 days old
  • No filing on record
  • No analyst coverage

MoonshotScore History

Recorded daily since 2026-08-23 · 4 snapshots

2026-08-23 47
2026-08-24 47
2026-08-25 47
2026-08-26 47

What changed?

The score has stayed at 47.

Over the same 3 days the stock moved +0.0%.

How Keywords Studios plc Is Valued

Keywords Studios plc carries a market capitalization of $1.45B, placing it in the small-cap category.

Company Profile

Keywords Studios plc operates in the Electronic Gaming & Multimedia industry within the Technology sector. It is headquartered in Dublin, IE. The company is led by CEO Bertrand J. F. X. Bodson. KYYWY has traded publicly since 2021.

ROE 3%

Key Financial Metrics

Return on equity for Keywords Studios plc stands at 3.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.0%, showing how much profit it generates from its asset base. KYYWY trades at a trailing price-to-earnings ratio of 113.96, above the Technology sector average of ~32.70x. Its free cash flow yield is 3.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.14 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 0.9%, the inverse of the P/E and a quick read on earnings relative to price.

KYYWY Financials

Fundamental Snapshot

P/E (TTM)
113.96
Return on Equity (TTM)
+3.5%
Current Ratio
1.1
EV/EBITDA (TTM)
21.6

Based on FMP financials and quantitative analysis

Bull Case vs Bear Case

Bull Case

  • Comprehensive service offerings spanning the entire game development lifecycle.
  • Global presence with operations in multiple countries.
  • Strong relationships with leading game developers and publishers.
  • Expertise in multiple languages and cultures, enabling effective localization services.

Bear Case

  • High P/E ratio of 113.96 may indicate overvaluation.
  • Profit margin of 2.6% is relatively low compared to industry peers.
  • Dependence on the cyclical nature of the video game industry.
  • Potential for competition from other service providers.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

KYYWY Latest News

No recent news available for KYYWY.

Leadership: Bertrand J. F. X. Bodson

CEO

Bertrand J. F. X. Bodson is the CEO of Keywords Studios plc, overseeing a global team of 13,000 employees. His career spans various leadership roles in technology and services industries. He brings extensive experience in driving growth, operational excellence, and strategic development. His background includes leadership positions at prominent technology companies, demonstrating his ability to navigate complex and rapidly evolving markets. His expertise is focused on scaling businesses and delivering value to shareholders through innovation and customer-centric solutions.

Track Record: Under Bertrand J. F. X. Bodson's leadership, Keywords Studios plc has continued to expand its global presence and service offerings. Key achievements include strategic acquisitions that have broadened the company's capabilities and market reach. He has focused on driving operational efficiency and enhancing customer satisfaction, contributing to the company's growth and profitability. His leadership has been instrumental in positioning Keywords Studios as a leading provider of outsourced services to the video game industry.

Keywords Studios plc ADR Information Unsponsored

An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. KYYWY functions as a Level 1 ADR, meaning it trades over-the-counter (OTC) without the same stringent SEC reporting requirements as listed companies. This allows U.S. investors to invest in Keywords Studios plc without directly dealing with foreign markets.

  • Home Market Ticker: Euronext Dublin, Ireland
  • ADR Level: 1
  • ADR Ratio: 1:1
  • Home Market Ticker: KYYW
Currency Risk: As an ADR, KYYWY is subject to currency risk. The value of Keywords Studios plc's earnings in Euros is converted to U.S. dollars for ADR holders. Fluctuations in the EUR/USD exchange rate can impact the value of the ADR, potentially reducing returns for U.S. investors if the Euro weakens against the dollar.
Tax Implications: Dividends paid on KYYWY may be subject to foreign dividend withholding tax in Ireland. The standard withholding tax rate in Ireland is 25%. However, the U.S. has a tax treaty with Ireland that may reduce the withholding tax rate for eligible U.S. investors. Investors should consult with a tax advisor to determine their specific tax obligations.
Trading Hours: The Euronext Dublin stock exchange typically operates from 8:00 AM to 4:30 PM Irish time (GMT). This translates to 3:00 AM to 11:30 AM Eastern Time (ET). As KYYWY trades on the OTC market in the U.S., its trading hours generally align with the U.S. market hours of 9:30 AM to 4:00 PM ET. This means there is a period of time when the home market is closed but the ADR is still trading.

KYYWY OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Keywords Studios plc may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure and may not be subject to the same regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. This tier is considered more speculative due to the increased risks associated with less stringent requirements.

  • OTC Tier: OTC Other
Liquidity: As an OTC Other stock, KYYWY likely experiences low trading volume and wide bid-ask spreads. This can make it difficult to buy or sell shares at desired prices, especially in large quantities. The limited liquidity increases the risk of price volatility and potential losses. Investors should be prepared for potential delays in executing trades and the possibility of significant price fluctuations.
OTC Risk Factors:
  • Limited financial disclosure increases the risk of investing in KYYWY.
  • Low trading volume and wide bid-ask spreads can make it difficult to buy or sell shares.
  • The OTC Other tier is considered more speculative due to the increased risks associated with less stringent requirements.
  • Potential for price manipulation due to the lack of regulatory oversight.
  • Higher risk of fraud or misrepresentation compared to companies listed on major exchanges.
Due Diligence Checklist:
  • Verify the availability and reliability of financial information.
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Understand the risks associated with investing in OTC stocks.
  • Consult with a financial advisor before making any investment decisions.
  • Check for any regulatory actions or legal proceedings against the company.
  • Review the company's filings with the Securities and Exchange Commission (SEC).
Legitimacy Signals:
  • Established presence in the video game industry.
  • Global operations with a diverse customer base.
  • Comprehensive service offerings spanning the entire game development lifecycle.
  • History of strategic acquisitions and partnerships.
  • Presence of a CEO with relevant industry experience.

Keywords Studios plc Technology Stock: Key Questions Answered

What happened to Keywords Studios plc (KYYWY) stock?

Keywords Studios plc (KYYWY) no longer trades on public markets. The figures below are historical and are not a current quote.

Can I still buy KYYWY shares?

No. KYYWY stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for KYYWY elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before KYYWY stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to Keywords Studios plc. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

What does Keywords Studios plc do?

Keywords Studios plc provides a comprehensive suite of outsourced services to the video game industry, encompassing art creation, marketing, audio/voice-over, localization, testing, player support, and software engineering.

What do analysts say about KYYWY stock?

Generally, analysts consider factors such as the company's growth prospects, financial performance, and competitive positioning when evaluating the stock. Key valuation metrics include the P/E ratio, gross margin, and dividend yield.

What are the main risks for KYYWY?

The main risks for KYYWY include competition from other service providers, the cyclical nature of the video game industry, potential technological disruption, and economic downturns that could reduce consumer spending on video games. Additionally, as an ADR, KYYWY is subject to currency risk associated with fluctuations in the EUR/USD exchange rate.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • The information provided is based on available data and may be subject to change.
  • The OTC market carries additional risks that must be considered.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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