Acarix AB (ACARIX) AI Stock Analysis

• Market Cap: kr283.08M
• Dividend Yield: N/A
• Average Volume (3M): 1.57M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.67
• Revenue Growth: 21.88%
• EPS Growth: 48.86%
• Country: SE
• Employees: 8
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Devices
• EPS (TTM): >-0.01
• Shares Outstanding: 1,123,320,200
• 10 Day Avg. Volume: 1,780,482
• 30 Day Avg. Volume: 1,572,056
• PEG Ratio: 0.06
• Price to Book (P/B): 3.05
• Price to Sales (P/S): 37.27
• P/FCF Ratio: -3.60
• 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): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: kr0.26 ▼(-7.86% Downside)

The score is held down primarily by heavy ongoing losses and significant cash burn, despite strong revenue growth and very high gross margins. Technicals also point to a weak trend with negative momentum. Valuation signals are limited due to negative earnings and no dividend data.

Positive Factors

Revenue Growth

The company demonstrates strong revenue growth, indicating increasing market adoption of its CADScor system, which supports long-term business expansion.

High Gross Margin

High gross margins suggest efficient production and strong pricing power, which can enhance profitability as the company scales.

Low Leverage

A low leverage profile reduces financial risk and provides flexibility for future investments or economic downturns, supporting long-term stability.

Negative Factors

Ongoing Losses

Persistent losses indicate that operating costs significantly exceed revenues, posing a challenge to achieving profitability and requiring continued financial support.

Negative Cash Flow

Negative cash flow suggests the company is consuming more cash than it generates, necessitating external funding to sustain operations, which could dilute equity.

Equity Erosion

Declining equity due to sustained losses can weaken the company's financial position, impacting its ability to raise funds and invest in growth opportunities.

Acarix AB Business Overview & Revenue Model

Company Description

Acarix AB (publ), a medical technology company, develops and commercializes diagnostic tests for cardiovascular diseases in Germany, Sweden, the Middle East, Switzerland, Austria, and internationally. The company offers CADScor System, a non-invasive and ultra-sensitive analytical device for the diagnosis of coronary artery disease. Acarix AB (publ) was founded in 2009 and is headquartered in Malmö, Sweden.

How the Company Makes Money

Acarix AB generates revenue primarily through the sale of its CADScor System devices and related services. The company sells these diagnostic devices to healthcare providers, clinics, and hospitals, which use them to assess patients for coronary artery disease. Acarix may also generate income through service agreements or maintenance contracts linked to the ongoing use of its technology. Partnerships with healthcare institutions and collaborations with research entities can also play a role in expanding its market reach and enhancing its revenue streams.

Acarix AB Financial Statement Overview

Summary

Acarix AB demonstrates a solid revenue growth trajectory and maintains financial stability with a strong equity base and no debt. However, significant profitability challenges persist, with consistent operating losses impacting cash flow. While the company benefits from a healthy Gross Profit Margin, it needs to address its operational inefficiencies to enhance overall financial performance.

Income Statement

Acarix AB has shown consistent revenue growth over the years, with a notable increase from 2020 to 2021. However, the company struggles with negative EBIT and Net Income margins, indicating ongoing operational challenges and profitability issues. Despite a high Gross Profit Margin, the persistent net losses are concerning.

Balance Sheet

The company maintains a strong equity position with zero debt, reflected in a favorable Debt-to-Equity ratio. The Equity Ratio is robust, indicating financial stability. However, the company has been unable to leverage its assets effectively to generate profits, as seen in negative ROE.

Cash Flow

Operating cash flow remains negative, pointing to ongoing operational challenges. The company has managed to improve its cash position primarily through financing activities. The Free Cash Flow to Net Income Ratio indicates that operational cash flow is not supporting profitability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.92M	6.20M	6.24M	5.82M	3.76M	2.17M
Gross Profit	5.96M	5.59M	5.30M	4.62M	2.82M	1.59M
EBITDA	-47.81M	-62.63M	-77.12M	-76.12M	-50.52M	-40.29M
Net Income	-52.44M	-66.19M	-77.84M	-76.98M	-51.80M	-41.55M
Balance Sheet
Total Assets	42.10M	80.76M	62.88M	69.48M	118.60M	89.95M
Cash, Cash Equivalents and Short-Term Investments	24.41M	53.99M	35.15M	11.31M	15.81M	64.06M
Total Debt	0.00	0.00	0.00	251.00K	523.00K	1.37M
Total Liabilities	3.62M	5.06M	11.00M	17.66M	18.06M	7.81M
Stockholders Equity	38.48M	75.70M	51.88M	51.83M	100.54M	82.14M
Cash Flow
Free Cash Flow	-49.06M	-64.25M	-81.37M	-75.02M	-48.05M	-36.69M
Operating Cash Flow	-48.13M	-63.33M	-81.37M	-74.87M	-48.01M	-36.69M
Investing Cash Flow	-925.00K	-920.00K	0.00	-151.00K	-43.00K	0.00
Financing Cash Flow	25.96M	86.98M	106.23M	69.03M	-164.00K	47.35M

Acarix AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.28
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ACARIX, the sentiment is Negative. The current price of 0.28 is above the 20-day moving average (MA) of 0.28, below the 50-day MA of 0.29, and below the 200-day MA of 0.29, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 34.84 is Neutral, neither overbought nor oversold. The STOCH value of 19.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:ACARIX.

Acarix AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MNTC	52 Neutral	kr388.14M	-8.15	-32.96%	―	-0.02%	-85.98%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
OSSD	50 Neutral	kr1.17B	-25.46	―	―	38.43%	57.76%
BRAIN	49 Neutral	kr199.00M	-4.23	-27.22%	―	16.38%	35.71%
BACTI.B	46 Neutral	kr609.76M	-28.91	-6.81%	―	-8.10%	62.08%
SEZI	43 Neutral	kr812.80M	-5.89	-36.55%	―	62.24%	21.16%
ACARIX	41 Neutral	kr283.08M	-5.51	-102.17%	―	21.88%	48.86%