Acconeer AB (ACCON) AI Stock Analysis

• Market Cap: kr371.46M
• Dividend Yield: N/A
• Average Volume (3M): 117.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: 7.93%
• EPS Growth: 54.19%
• Country: SE
• Employees: 52
• Sector: Technology
• Sector Strength: 94
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -0.11
• Shares Outstanding: 73,121,530
• 10 Day Avg. Volume: 78,524
• 30 Day Avg. Volume: 117,468
• PEG Ratio: 0.12
• Price to Book (P/B): 1.09
• Price to Sales (P/S): 4.84
• P/FCF Ratio: -7.75
• 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

• Rating: 48 Neutral
• Price Target: ―

Acconeer AB's stock is characterized by strong revenue growth and a solid equity base, but it faces significant profitability and cash flow challenges. The technical analysis suggests neutral momentum, while the valuation is hindered by negative earnings and no dividends. These factors collectively result in a moderate stock score.

Acconeer AB Business Overview & Revenue Model

Company Description

Acconeer AB (ACCON) is a Swedish technology company specializing in the development and commercialization of advanced radar sensor technology. The company primarily operates within the tech and electronics sectors, providing innovative sensor solutions for a wide range of applications, including automotive, consumer electronics, and industrial sectors. Acconeer’s core products are its high-precision radar sensors, which are valued for their compact size, low power consumption, and high accuracy, making them suitable for integration into various smart devices and systems.

How the Company Makes Money

Acconeer AB makes money through the sale of its proprietary radar sensor products and technology licensing. The company generates revenue by selling its sensors to manufacturers and developers who integrate these sensors into their own products, such as smartphones, IoT devices, and vehicles. Additionally, Acconeer licenses its technology to partners, allowing them to use its patented technologies in their own applications, which provides a recurring revenue stream. The company also engages in strategic partnerships and collaborations to expand its market reach and enhance its technology offerings, contributing to its revenue growth.

Acconeer AB Financial Statement Overview

Summary

Acconeer AB is experiencing strong revenue growth, supported by a solid equity base and no debt liabilities. However, the company faces challenges with profitability and cash flow management, requiring strategic improvements to enhance operational efficiency and reduce dependency on external financing.

Income Statement

Acconeer AB's revenue has shown significant growth over the years, notably a 44.48% increase from 2023 to 2024. However, the company is struggling with profitability, as indicated by negative net income and EBIT margins consistently over time. The gross profit margin remains positive at 64.04%, but the net profit margin is heavily negative due to substantial operating losses.

Balance Sheet

The company maintains a strong equity position with a debt-free balance sheet and a high equity ratio of 90.67%. Despite this strength, the return on equity remains negative due to continued net losses. The company has consistently increased its stockholders' equity, reflecting strong investor support.

Cash Flow

Free cash flow remains negative, though there was an improvement in operating cash flow from 2023 to 2024. Financing activities have been robust, indicating reliance on external funding. The free cash flow to net income ratio is concerning, highlighting cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	49.03M	51.32M	35.52M	46.83M	31.16M	9.51M
Gross Profit	31.52M	32.87M	25.57M	30.87M	25.33M	5.76M
EBITDA	-25.45M	-23.77M	-43.10M	-45.38M	-39.70M	-50.54M
Net Income	-27.24M	-31.48M	-46.50M	-47.10M	-51.17M	-62.30M
Balance Sheet
Total Assets	280.63M	251.18M	199.22M	190.68M	223.22M	128.44M
Cash, Cash Equivalents and Short-Term Investments	69.57M	53.76M	38.65M	89.88M	156.86M	82.17M
Total Debt	0.00	0.00	27.45M	0.00	0.00	0.00
Total Liabilities	18.93M	23.46M	66.93M	19.16M	23.53M	7.95M
Stockholders Equity	261.69M	227.72M	132.29M	171.51M	199.70M	120.49M
Cash Flow
Free Cash Flow	-45.90M	-32.09M	-85.99M	-85.94M	-55.66M	-58.41M
Operating Cash Flow	-42.68M	-32.09M	-49.35M	-62.53M	-42.59M	-56.39M
Investing Cash Flow	-46.38M	-52.27M	-36.64M	-23.41M	-13.06M	-2.02M
Financing Cash Flow	49.61M	99.47M	34.76M	18.97M	130.34M	62.62M

Acconeer AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ACCON, the sentiment is Negative. The current price of 5.08 is below the 20-day moving average (MA) of 5.12, below the 50-day MA of 5.66, and below the 200-day MA of 5.33, indicating a bearish trend. The MACD of -0.14 indicates Negative momentum. The RSI at 40.21 is Neutral, neither overbought nor oversold. The STOCH value of 22.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:ACCON.

Acconeer AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KEBNI.B	62 Neutral	€553.40M	387.50	2.47%	―	57.12%	―
IS	60 Neutral	€168.16M	56.10	2.37%	―	19.16%	―
Sector *	55 Neutral	$294.40M	5.58	-5.25%	2.63%	11.03%	-74.02%
MAVEN	55 Neutral	€536.82M	1,947.62	-6.07%	1.39%	-14.52%	-124.02%
ACCON	48 Neutral	kr371.46M	―	-10.88%	―	7.93%	54.19%
FREEM	47 Neutral	kr485.10M	―	-35.26%	―	103.93%	37.41%
GAPW.B	46 Neutral	kr568.73M	―	-38.42%	―	89.00%	37.60%