Company DescriptionB3 Consulting Group AB (publ) provides IT and management consultancy services in Sweden. The company was formerly known as B3IT Management AB (publ) and changed its name to B3 Consulting Group AB (publ) in May 2018. B3 Consulting Group AB (publ) was founded in 2003 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

B3 Consulting Group AB Financial Statement Overview

Summary

B3 Consulting Group AB presents a mixed financial picture. Improvements in net profit margin and zero debt are positive, but challenges include declining revenue growth and negative cash flow, which indicate potential liquidity issues.

Income Statement

Positive

B3 Consulting Group AB has shown a mixed performance in its income statement. The Gross Profit Margin decreased from 2023 to 2024, indicating reduced efficiency in cost management. However, the company improved its Net Profit Margin, reflecting better profitability. The Revenue Growth Rate from 2023 to 2024 was negative, suggesting a decline in top-line growth. The EBIT and EBITDA margins have also declined, which could indicate increasing operational expenses or reduced pricing power.

Balance Sheet

Positive

The balance sheet reflects a strong financial position with zero debt in 2024, resulting in a solid Debt-to-Equity Ratio. Return on Equity (ROE) has improved significantly, indicating enhanced profitability relative to shareholder equity. The Equity Ratio has increased, reflecting a stronger equity base relative to total assets, which enhances financial stability.

Cash Flow

Neutral

The cash flow statement shows challenges in cash generation, as indicated by the negative Free Cash Flow in 2024. This is a significant decline from previous years, primarily due to negative operating cash flow. The Free Cash Flow to Net Income Ratio and Operating Cash Flow to Net Income Ratio have been adversely affected, highlighting potential liquidity issues.

TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Breakdown
Income Statement		Total Revenue
1.17B	1.13B	1.14B	1.15B	921.89M	851.38M
	Gross Profit
248.40M	286.00M	180.60M	358.18M	146.28M	115.45M
	EBIT
34.50M	26.30M	86.10M	137.67M	70.56M	42.38M
	EBITDA
147.40M	137.60M	108.70M	160.44M	85.07M	70.06M
	Net Income Common Stockholders
84.60M	83.30M	60.50M	103.30M	45.29M	22.91M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
77.70M	77.70M	48.90M	83.39M	54.24M	46.39M
	Total Assets
885.30M	885.30M	632.60M	622.98M	559.72M	512.20M
	Total Debt
0.00	0.00	171.00M	100.03M	104.52M	115.08M
	Net Debt
225.30M	225.30M	122.10M	16.64M	50.28M	68.69M
	Total Liabilities
623.10M	623.10M	452.40M	395.03M	365.11M	346.31M
	Stockholders Equity
232.50M	232.50M	156.70M	194.95M	174.32M	125.99M
Cash Flow		Free Cash Flow
14.90M	-19.50M	62.90M	150.93M	75.50M	67.72M
	Operating Cash Flow
16.60M	-14.70M	67.80M	151.71M	77.66M	69.18M
	Investing Cash Flow
-31.10M	-18.50M	-2.10M	-4.47M	-7.36M	-3.17M
	Financing Cash Flow
112.80M	61.70M	-100.20M	-118.09M	-62.45M	-47.17M

B3 Consulting Group AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (62)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
B37		€49.60M	6.47	42.33%	5.66%	―	―
Sector *	62 Neutral	$11.81B	10.34	-7.44%	2.91%	7.41%	-7.93%
SF7		€107.60M	15.06	25.51%	5.83%	―	―
LTX		€502.40M	60.26	29.90%	0.87%	―	―
1TI		€146.38M	26.28	13.40%	1.42%	―	―
KOW		€329.33M	43.93	1.97%	2.77%	―	―
PIU0		€286.68M	15.84	18.16%	1.95%	―	―

* Technology Sector Average

Performance Comparison

DE:B37

B3 Consulting Group AB

5.39

-1.45

-21.20%

DE:SF7

Softronic AB Class B

2.02

0.23

12.85%

DE:LTX

Lime Technologies AB

37.40

6.08

19.41%

DE:1TI

Exsitec Holding AB

10.75

-3.94

-26.82%

DE:KOW

Knowit AB

11.80

-3.47

-22.72%

DE:PIU0

Proact IT Group AB

10.68

-1.99

-15.71%

Glossary

OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.

NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.

UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.