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Active Biotech AB (SE:ACTI)
:ACTI
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Active Biotech AB (ACTI) AI Stock Analysis

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SE:ACTI

Active Biotech AB

(ACTI)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
kr6.00
▲(14900.00% Upside)
Action:Reiterated
Date:06/03/26
The score is held down primarily by continued losses, no revenue, and ongoing cash burn, despite improvement versus prior peaks. A low-debt balance sheet provides some stability, while technical indicators and valuation inputs offer only modest support and remain constrained by weak profitability.
Positive Factors
Low leverage / conservative balance sheet
Very low leverage meaningfully reduces financial risk and preserves optionality for funding R&D or partnering. This durable credit strength lowers default risk, improves negotiation power with partners and investors, and supports operations for several quarters absent large new cash needs.
Negative Factors
No revenue / persistent heavy losses
Lack of revenue means the business cannot self-fund operations and remains fully reliant on external financing or licensing. Persistent losses undermine long-term viability if new financing or partner deals are delayed, increasing dilution or the need to cut programs.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / conservative balance sheet
Very low leverage meaningfully reduces financial risk and preserves optionality for funding R&D or partnering. This durable credit strength lowers default risk, improves negotiation power with partners and investors, and supports operations for several quarters absent large new cash needs.
Read all positive factors

Active Biotech AB (ACTI) vs. iShares MSCI Sweden ETF (EWD)

Active Biotech AB Business Overview & Revenue Model

Company Description
Active Biotech AB (publ) is a Swedish biotechnology firm focused on developing pharmaceutical treatments for oncology and immunological conditions. Its product pipeline features Tasquinimod, a small molecule immunomodulator currently in Phase Ib/I...
How the Company Makes Money
null...

Active Biotech AB Financial Statement Overview

Summary
Financials are weak: no revenue and persistent heavy losses (income statement score 9) with ongoing operating cash burn and negative free cash flow (cash flow score 18). The main offset is a relatively safer balance sheet with very low leverage (balance sheet score 64), though equity is declining due to continued losses.
Income Statement
9
Very Negative
Balance Sheet
64
Positive
Cash Flow
18
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-1.60M-1.60M-1.64M-1.68M-1.49M-1.28M
EBITDA-33.80M-36.00M-38.30M-43.89M-56.67M-48.52M
Net Income-34.70M-37.30M-39.40M-45.80M-58.69M-49.88M
Balance Sheet
Total Assets58.20M70.20M43.20M44.05M51.01M56.80M
Cash, Cash Equivalents and Short-Term Investments53.30M65.10M27.40M36.22M41.80M53.13M
Total Debt100.00K1.74M3.18M4.54M6.04M986.00K
Total Liabilities11.00M14.60M11.13M13.38M16.49M10.13M
Stockholders Equity47.20M55.60M32.07M30.67M34.51M46.67M
Cash Flow
Free Cash Flow-31.30M-32.40M-40.40M-45.74M-55.09M-46.17M
Operating Cash Flow-31.30M-32.40M-40.40M-45.74M-54.85M-46.17M
Investing Cash Flow0.000.000.000.00-245.00K0.00
Financing Cash Flow58.50M70.10M31.60M40.16M43.76M73.09M

Active Biotech AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.04
Price Trends
50DMA
6.50
Negative
100DMA
5.47
Positive
200DMA
6.90
Negative
Market Momentum
MACD
-0.12
Positive
RSI
44.15
Neutral
STOCH
17.87
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ACTI, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 6.43, below the 50-day MA of 6.50, and below the 200-day MA of 6.90, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 44.15 is Neutral, neither overbought nor oversold. The STOCH value of 17.87 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:ACTI.

Active Biotech AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
49
Neutral
kr221.46M-3.41-51.35%9.40%
44
Neutral
kr154.47M-446.69-1291.15%49.74%
44
Neutral
kr169.81M-1.51-199.86%-6.59%27.05%
43
Neutral
kr172.25M-3.40-36.27%0.77%
42
Neutral
kr189.29M-9.79-59.78%43.30%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:ACTI
Active Biotech AB
6.10
-9.23
-60.24%
SE:MVIR
Medivir AB
1.62
>-0.01
-0.49%
SE:ISOFOL
Isofol Medical AB
0.68
-0.30
-31.02%
SE:XINT
Xintela AB
0.19
-0.25
-57.24%
SE:ELIC
Elicera Therapeutics AB
2.70
-2.52
-48.29%
SE:IRLAB.A
IRLAB Therapeutics AB Class A
1.24
-5.02
-80.14%

Active Biotech AB Corporate Events

Active Biotech Sets June Timetable for 1:100 Reverse Share Split
May 28, 2026
Active Biotech AB has set the timetable for a 1-for-100 reverse share split approved at its 2026 Annual General Meeting, consolidating every hundred existing shares into one new share. Trading in the shares under the new structure and ISIN code SE...
Active Biotech AGM Backs Reverse Share Split and Expands Capital Raising Mandate
May 20, 2026
Active Biotech’s annual general meeting approved a series of governance and capital measures, including the decision not to distribute a dividend for the 2025 financial year and to carry forward the accumulated loss, while granting discharge...
Active Biotech Cleared to Resume Tasquinimod Myelofibrosis Trial in Europe
May 13, 2026
Active Biotech has received approval from European regulatory authorities and ethics committees to resume patient enrolment in the HOVON 172 MF proof‑of‑concept study of tasquinimod in myelofibrosis, conducted within the HOVON network ...
Active Biotech’s LION Study Backs Laquinimod’s Potential in Posterior Eye Disease
Apr 20, 2026
Active Biotech has reported that results from its phase I LION study of topical laquinimod eye drops have been published in Ophthalmology Science, demonstrating dose‑related penetration of the drug into both the anterior and posterior segmen...
Active Biotech Calls 2026 AGM, Maintains Board and Withholds Dividend
Apr 17, 2026
Active Biotech AB has called its annual general meeting for May 20, 2026, in Lund, setting the record date for shareholder participation at May 11 and confirming that it has 2,636,067,170 shares outstanding. The board proposes that no dividend be ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.Date of analysis: Jun 03, 2026