Active Biotech AB (SE:ACTI)
:ACTI
Want to see SE:ACTI full AI Analyst Report?
Top Page
Active Biotech AB
(ACTI)
Select Model
Select Model
Rating:52Neutral
Price Target:
kr0.06
▲(52.50% Upside)
Action:ReiteratedDate:04/15/26
The score is held back primarily by very weak financial performance (no revenue, ongoing losses, and continued operating cash burn), partially offset by improving loss/burn trends and a low-debt balance sheet. Technicals are comparatively constructive (price above short- and mid-term moving averages with positive momentum), while valuation provides limited support due to a negative P/E and no dividend yield data.
Positive Factors
Focused R&D pipeline
A clear scientific focus on small-molecule immunomodulation across autoimmune, inflammatory and oncology indications provides a durable strategic identity. This specialization supports technical expertise, repeatable R&D processes, and makes the company an attractive partner for later-stage licensing or co-development, preserving long-term optionality even without near-term revenue.
Negative Factors
No revenue base
Absence of any product revenue across multiple years means the business lacks a commercial foundation and cash inflows from operations. Long-term value depends entirely on clinical progress, milestone payments or licensing; this creates structural uncertainty around timing and amounts of cash generation and increases dependency on external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Focused R&D pipeline
A clear scientific focus on small-molecule immunomodulation across autoimmune, inflammatory and oncology indications provides a durable strategic identity. This specialization supports technical expertise, repeatable R&D processes, and makes the company an attractive partner for later-stage licensing or co-development, preserving long-term optionality even without near-term revenue.
Read all positive factors
Active Biotech AB (ACTI) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr159.75M
Dividend YieldN/A
Average Volume (3M)4.56M
Price to Earnings (P/E)―
Beta (1Y)0.03
Revenue GrowthN/A
EPS Growth44.58%
CountrySE
Employees6
SectorHealthcare
Sector Strength45
IndustryBiotechnology
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding2,636,067,100
10 Day Avg. Volume2,218,804
30 Day Avg. Volume4,558,826
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)1.11
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Active Biotech AB Business Overview & Revenue Model
Company Description
Active Biotech AB (publ), a biotechnology company, develops pharmaceutical products the treatment of oncology and immunology diseases in Sweden. It is developing Tasquinimod, a small molecule immuno-modulator, which is in Phase Ib/IIa clinical tri...
How the Company Makes Money
null...
Active Biotech AB Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.60M | -1.64M | -1.68M | -1.49M | -1.28M |
| EBITDA | -36.00M | -38.30M | -43.89M | -56.67M | -48.52M |
| Net Income | -37.30M | -39.40M | -45.80M | -58.69M | -49.88M |
Balance Sheet | |||||
| Total Assets | 70.20M | 43.20M | 44.05M | 51.01M | 56.80M |
| Cash, Cash Equivalents and Short-Term Investments | 65.10M | 27.40M | 36.22M | 41.80M | 53.13M |
| Total Debt | 260.00K | 3.18M | 4.54M | 6.04M | 986.00K |
| Total Liabilities | 14.60M | 11.13M | 13.38M | 16.49M | 10.13M |
| Stockholders Equity | 55.60M | 32.07M | 30.67M | 34.51M | 46.67M |
Cash Flow | |||||
| Free Cash Flow | 0.00 | -40.40M | -45.74M | -55.09M | -46.17M |
| Operating Cash Flow | -32.40M | -40.40M | -45.74M | -54.85M | -46.17M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | -245.00K | 0.00 |
| Financing Cash Flow | 70.10M | 31.60M | 40.16M | 43.76M | 73.09M |
Active Biotech AB Technical Analysis
Positive
0.04
Price Trends
0.05
Positive
0.05
Positive
0.09
Negative
Market Momentum
<0.01
Negative
66.84
Neutral
65.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ACTI, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.05, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.84 is Neutral, neither overbought nor oversold. The STOCH value of 65.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:ACTI.
Active Biotech AB Peers Comparison
UnderperformOutperform
Sector (51)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
52 Neutral | kr159.75M | -1.70 | -1291.15% | ― | ― | 44.58% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% | |
49 Neutral | kr216.01M | -2.92 | -51.35% | ― | ― | -10.14% | |
43 Neutral | kr119.59M | -1.72 | -199.86% | ― | -39.28% | -16.74% | |
41 Neutral | kr201.54M | -4.03 | ― | ― | -45.86% | 3.50% | |
40 Underperform | kr162.11M | -12.73 | -59.78% | ― | ― | 43.31% |
* Healthcare Sector Average
SE:ACTI
Active Biotech AB
0.06
>-0.01
-4.76%
SE:MVIR
Medivir AB
1.90
0.24
14.29%
SE:ISOFOL
Isofol Medical AB
0.67
-0.99
-59.40%
SE:XINT
Xintela AB
0.23
-0.16
-40.00%
SE:ELIC
Elicera Therapeutics AB
3.34
-1.10
-24.77%
SE:IRLAB.A
IRLAB Therapeutics AB Class A
1.41
-5.10
-78.35%
Active Biotech AB Corporate Events
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 ...
Active Biotech Wins Approval to Resume Expanded Tasquinimod Myelofibrosis Trial
Feb 10, 2026
Active Biotech has received regulatory approval for protocol amendments to its clinical proof-of-concept study of tasquinimod in myelofibrosis, allowing the trial to resume patient recruitment. The study, led by MD Anderson Cancer Center, now feat...
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.