-+ 0.00%
-+ 0.00%
-+ 0.00%

Fractal Gaming Group Receives $2 Million in US Emergency Tariff Refunds

MT Newswires·08/28/2026 06:08:05
Listen to the news
06:08 AM EDT, 08/28/2026 (MT Newswires) -- Fractal Gaming Group (FRACTL.ST) said Friday it received a refund of $2.1 million in relation to the tariffs it previously paid under the US government's International Emergency Economic Powers Act. The Swedish PC gaming hardware company noted that the amount includes $100,000 in interest, adding that it is still set to receive a further refund of $500,000. The group intends to recognize the refund as a reduction of cost of goods sold and partly as a reduction of inventory in the third quarter, positively affecting its cash flow.