Binero Group AB (BINERO) AI Stock Analysis

• Market Cap: kr283.81M
• Dividend Yield: N/A
• Average Volume (3M): 7.10K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.19
• Revenue Growth: 77.78%
• EPS Growth: -1.35%
• Country: SE
• Employees: 102
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): -0.10
• Shares Outstanding: 124,479,485
• 10 Day Avg. Volume: 3,535
• 30 Day Avg. Volume: 7,096
• PEG Ratio: >-0.01
• Price to Book (P/B): <0.01
• Price to Sales (P/S): 0.00007
• P/FCF Ratio: <0.01
• 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): 0.2
• Revenue Forecast (FY): kr504.10M

• Rating: 46 Neutral
• Price Target: kr2.50 ▲(5.93% Upside)

The overall stock score reflects significant challenges in financial performance, particularly in profitability and cash flow, compounded by bearish technical indicators and unattractive valuation metrics. These factors suggest caution for potential investors.

Binero Group AB Business Overview & Revenue Model

Company Description

Binero Group AB (BINERO) is a leading provider of digital services and solutions, primarily operating in the IT and telecommunications sectors. The company specializes in offering cloud services, managed hosting, and domain registration, catering to a diverse range of customers, including businesses, public organizations, and private individuals. With a strong focus on innovation and sustainability, Binero aims to deliver reliable and efficient digital solutions that enhance operational efficiency and support customers' digital transformation journeys.

How the Company Makes Money

Binero generates revenue through multiple streams, primarily from its cloud services and managed hosting solutions, which are offered on a subscription basis. The company also earns income from domain registrations and renewal services, as well as from providing additional IT services such as backup solutions and security services. Key revenue streams include monthly fees from customers for hosting packages, one-time fees from domain registrations, and recurring revenue from value-added services. Strategic partnerships with technology providers and data centers enhance its service offerings and improve profitability by allowing Binero to scale its operations efficiently and effectively meet customer demands.

Binero Group AB Financial Statement Overview

Summary

Binero Group AB shows revenue growth but struggles with profitability and cash flow. The increased leverage and negative returns on equity are concerning, requiring improvements in operational efficiency and cash generation.

Income Statement

Binero Group AB shows a mixed performance in its income statement. The TTM data indicates a slight revenue growth of 2.9%, but the company is struggling with profitability as evidenced by a negative net profit margin of -3.1%. The gross profit margin has significantly decreased from 74.2% in 2024 to 13.4% in TTM, indicating rising costs or pricing pressures. EBIT and EBITDA margins are low at 1.4% and 4.1% respectively, suggesting operational inefficiencies. Overall, while there is revenue growth, profitability remains a concern.

Balance Sheet

The balance sheet of Binero Group AB reflects moderate financial stability. The debt-to-equity ratio has increased to 0.70 in TTM from 0.24 in 2024, indicating higher leverage which could pose a risk if not managed properly. The return on equity is negative at -11.1%, showing that the company is not generating sufficient returns on shareholders' equity. However, the equity ratio remains strong, suggesting a solid asset base. The company needs to improve its profitability to enhance its financial position.

Cash Flow

Cash flow analysis reveals challenges for Binero Group AB. The free cash flow is negative in TTM, and the free cash flow growth rate is also negative, indicating cash flow issues. The operating cash flow to net income ratio is low at 0.047, suggesting that operating cash flow is not sufficient to cover net income. The free cash flow to net income ratio is negative, further highlighting cash flow constraints. The company needs to focus on improving cash generation to support its operations and growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	441.28M	416.40M	327.02M	103.58M	52.45M	45.70M
Gross Profit	59.04M	309.10M	44.78M	55.02M	30.48M	-21.91M
EBITDA	18.30M	31.81M	-21.80M	-2.92M	-7.71M	-11.77M
Net Income	-13.70M	12.90M	-29.10M	-18.27M	-19.10M	-19.03M
Balance Sheet
Total Assets	403.60M	298.80M	149.26M	163.05M	198.66M	113.11M
Cash, Cash Equivalents and Short-Term Investments	38.20M	33.90M	4.52M	10.12M	28.38M	52.34M
Total Debt	90.70M	28.60M	31.73M	39.28M	55.59M	23.24M
Total Liabilities	272.30M	180.80M	59.30M	69.65M	86.99M	44.54M
Stockholders Equity	129.00M	118.00M	89.97M	93.40M	111.67M	68.57M
Cash Flow
Free Cash Flow	-7.03M	7.70M	68.50M	-3.04M	-22.47M	-18.18M
Operating Cash Flow	8.61M	7.70M	70.03M	-1.92M	-13.04M	-13.91M
Investing Cash Flow	-63.67M	-20.70M	-83.86M	-1.12M	-55.02M	-4.27M
Financing Cash Flow	57.56M	-2.50M	-1.65M	-15.22M	44.09M	-168.54M

Binero Group AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.36
• 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:BINERO, the sentiment is Negative. The current price of 2.36 is above the 20-day moving average (MA) of 2.32, below the 50-day MA of 2.41, and below the 200-day MA of 2.43, indicating a bearish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 43.64 is Neutral, neither overbought nor oversold. The STOCH value of 24.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:BINERO.

Binero Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
ADVE	60 Neutral	kr619.32M	26.44	22.29%	0.64%	27.82%	305.33%
FREJA	54 Neutral	kr454.12M	―	―	―	19.18%	48.44%
BINERO	46 Neutral	kr283.81M	―	-11.28%	―	77.78%	-1.35%
WPAY	41 Neutral	kr139.00M	48.60	―	―	12.09%	―
CLAV	38 Underperform	kr1.16B	-27.53	―	―	20.43%	61.67%
CYB1	36 Underperform	€3.64M	-2.56	―	―	―	―