mVISE AG (C1V0) AI Stock Analysis

• Market Cap: €14.05M
• Dividend Yield: N/A
• Average Volume (3M): 516.00
• Price to Earnings (P/E): ―
• Beta (1Y): 1.15
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: DE
• Employees: 45
• Sector: Communication Services
• Sector Strength: 97
• Industry: Software - Application
• EPS (TTM): -0.19
• Shares Outstanding: 2,128,362
• 10 Day Avg. Volume: 119
• 30 Day Avg. Volume: 516
• PEG Ratio: -0.05
• Price to Book (P/B): 0.55
• Price to Sales (P/S): 0.34
• P/FCF Ratio: -110.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.07
• Revenue Forecast (FY): €6.10M

• Rating: 48 Neutral
• Price Target: €8.00 ▲(1328.57% Upside)
• Action: Upgraded Date: 01/28/26
• Date: Action: Upgraded 01/28/26

The score is held back primarily by weak financial performance (shrinking revenue, persistent losses, and negative operating/free cash flow) and a negative P/E tied to unprofitable operations. Technicals are a positive (uptrend and positive MACD), but overbought signals increase near-term pullback risk.

Positive Factors

Service-based business model with recurring support

A services-led model focused on consulting, software development and ongoing support creates durable revenue streams tied to client projects and recurring maintenance. This reduces capital intensity versus product plays and supports steady cash inflows if client engagements and support contracts are retained.

Material gross margin improvement in 2024

A large rebound in gross margin suggests either better pricing, improved project mix toward higher-value services, or cost control on delivery. If sustained, higher gross margins provide headroom to absorb SG&A and support a path to operating profitability as revenues stabilize or grow.

Lean operating footprint

A small headcount implies a low fixed-cost base and operational agility. This enables quicker restructuring, targeted hiring for growth areas, and scalability via contractors or partners—helpful for restoring margins and cash flow as new projects ramp without large incremental overhead.

Negative Factors

Multi-year revenue contraction

Sustained revenue declines erode scale economics and make fixed-cost recovery harder, threatening margin durability. Continued shrinkage also signals demand, client retention, or competitive issues that impair ability to leverage improved gross margins into sustained profitability over the coming months.

Negative operating and free cash flow

Negative operating and free cash flow reduce internal funding for operations and investment, increasing reliance on external financing. With cash generation deteriorating from prior years, the company faces pressure to secure capital or cut spending, which can constrain growth and strategic initiatives.

Elevated leverage and thin equity

Debt roughly equal to equity and volatile capital structure raise refinancing and covenant risks, especially while the company posts losses. High leverage limits financial flexibility, raises interest burdens, and can restrict investment or necessitate dilutive financing if losses persist over the next several quarters.

mVISE AG Business Overview & Revenue Model

Company Description

mVISE AG engages in the provision of mobile business solutions. It specializes in mobile and cloud computing, information technology infrastructures and security, as well as the integration and analysis of data. The company was founded by Thomas Wolf, Claus Darnstaedt and Joao Gonzaga on September 19, 2000 and is headquartered in Duesseldorf, Germany.

mVISE AG Financial Statement Overview

Summary

Weak fundamentals: multi-year revenue contraction, continued operating and net losses, and cash flow deterioration with negative operating and free cash flow in 2024. Balance sheet leverage remains a risk (debt-to-equity ~1.1) and returns on equity are deeply negative, despite some gross margin improvement.

Income Statement

Revenue has been shrinking for multiple years (down ~15% in 2024 after a ~0% decline in 2023), and profitability remains weak. While gross margin rebounded sharply in 2024 (about 64% vs. ~14% in 2023), operating results are still loss-making (negative operating margin ~-20%) and net losses deepened (net margin ~-43% in 2024 vs. ~-24% in 2023). EBITDA is only marginally positive in 2024, suggesting the turnaround is not yet established.

Balance Sheet

Leverage is a key risk: debt is roughly similar to equity in 2024 (debt-to-equity ~1.1), but the capital structure has been volatile, with extremely thin equity in 2023 driving an outsized debt-to-equity figure. Returns on equity are deeply negative due to persistent losses (about -69% in 2024). The balance sheet looks more “stable” than 2023 on equity levels, but ongoing losses keep pressure on equity and financing flexibility.

Cash Flow

Cash generation deteriorated meaningfully in 2024, with operating cash flow turning slightly negative and free cash flow also negative, following modestly positive free cash flow in 2023 and strong cash generation in 2022. The trajectory is uneven (large swings year-to-year), which reduces confidence in the durability of funding for operations without external capital. The recent return to negative free cash flow is the main concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.71M	9.33M	14.18M	15.64M	14.91M	18.99M
Gross Profit	257.00K	5.97M	1.74M	1.50M	1.40M	-433.00K
EBITDA	1.44M	19.00K	-1.51M	452.00K	123.00K	-1.10M
Net Income	-2.57M	-3.98M	-3.42M	-2.23M	-1.13M	-3.99M
Balance Sheet
Total Assets	12.51M	13.32M	8.75M	14.81M	17.01M	14.53M
Cash, Cash Equivalents and Short-Term Investments	241.00K	105.00K	3.00K	1.00M	310.00K	99.00K
Total Debt	4.80M	6.24M	6.19M	6.55M	9.37M	10.25M
Total Liabilities	6.96M	7.50M	8.73M	11.37M	11.44M	12.84M
Stockholders Equity	5.54M	5.81M	14.00K	3.44M	5.57M	1.58M
Cash Flow
Free Cash Flow	0.00	-29.00K	344.00K	2.71M	-1.20M	-95.00K
Operating Cash Flow	272.00K	-29.00K	358.00K	2.77M	-1.17M	1.25M
Investing Cash Flow	1.00K	0.00	84.00K	-68.00K	483.00K	-1.42M
Financing Cash Flow	-233.00K	74.00K	-1.44M	-2.01M	1.00M	215.00K

mVISE AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KA8	66 Neutral	€14.96M	-7.86	29.87%	4.87%	-0.74%	31.08%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
C1V0	48 Neutral	€14.05M	-11.17	―	―	―	―