Revenue Growth & TurnaroundThe company produced a clear multi-year operational turnaround: revenues jumped in 2024 and grew further in 2025, producing healthy margins in 2025. This durable top-line expansion indicates improved market traction and operating leverage potential versus prior loss years, supporting sustainable earnings if commodity conditions remain stable.

Conservative Balance SheetVery low leverage and a meaningful decline in total debt through 2025 provide financial flexibility in a cyclical gold industry. A conservative balance sheet reduces refinancing and solvency risk, enabling the company to fund exploration or buffer commodity downturns without forcing dilutive financing or distress-driven asset sales.

Operating Cash Generation QualityOperating cash flow materially exceeded net income in 2025, implying reported earnings are supported by cash conversion rather than accounting accruals. Durable operating cash generation improves the firm's ability to fund operations and reinvest, enhancing sustainability of reported profits if management controls working capital and capex.

Bears Say

Inconsistent Free Cash FlowFree cash flow remains inconsistent: deeply negative in 2024 and only zero in 2025 despite improved operating cash. That weak FCF history suggests heavy reinvestment, volatile working capital or capex needs, which constrains the firm's ability to self-fund growth, pay dividends, or build reserves across cycles.

Earnings Volatility And One-offsHistorical swings from multi-year losses to a strong 2025 indicate earnings are volatile and potentially influenced by one-offs or non-operational items. Such variability undermines predictability of margins and returns, heightening execution risk and sensitivity to commodity price movements for long-term investors.

Small Scale And Operational SensitivityA very small employee base implies limited internal capacity and higher reliance on external partners or key individuals. Small scale increases operational and execution risk, makes scaling costly, and magnifies the impact of any setbacks on exploration, production or corporate oversight over the medium term.

BOTX FAQ

What was Botnia Exploration Holding AB’s price range in the past 12 months?

Botnia Exploration Holding AB lowest stock price was kr10.00 and its highest was kr17.30 in the past 12 months.

What is Botnia Exploration Holding AB’s market cap?

Botnia Exploration Holding AB’s market cap is kr510.06M.

When is Botnia Exploration Holding AB’s upcoming earnings report date?

Botnia Exploration Holding AB’s upcoming earnings report date is May 05, 2026 which is in 76 days.

How were Botnia Exploration Holding AB’s earnings last quarter?

Botnia Exploration Holding AB released its earnings results on Feb 04, 2026. The company reported kr0.885 earnings per share for the quarter, beating the consensus estimate of N/A by kr0.885.

Is Botnia Exploration Holding AB overvalued?

According to Wall Street analysts Botnia Exploration Holding AB’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Botnia Exploration Holding AB pay dividends?

Botnia Exploration Holding AB does not currently pay dividends.

What is Botnia Exploration Holding AB’s EPS estimate?

Botnia Exploration Holding AB’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Botnia Exploration Holding AB have?

Botnia Exploration Holding AB has 40,805,027 shares outstanding.

What happened to Botnia Exploration Holding AB’s price movement after its last earnings report?

Botnia Exploration Holding AB reported an EPS of kr0.885 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -7.792%.

Which hedge fund is a major shareholder of Botnia Exploration Holding AB?

Currently, no hedge funds are holding shares in SE:BOTX

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Botnia Exploration Holding AB

Botnia Gold AB operates as a mining company. It engages in the exploration of gold, and other precious base metals. The company was founded by Arne Bengt Gunnar Ljung in 2007 and is headquartered in Nacka Strand, Sweden.