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Bioextrax AB (SE:BIOEX)
:BIOEX
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Bioextrax AB (BIOEX) AI Stock Analysis

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SE:BIOEX

Bioextrax AB

(BIOEX)

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Neutral 47 (OpenAI - 5.2)
Rating:47Neutral
Price Target:
kr2.50
▼(-21.63% Downside)
Action:Reiterated
Date:07/07/26
The score is primarily held down by weak financial fundamentals—persistent losses, negative gross profit in recent years, and ongoing (and accelerating) cash burn—despite the benefit of zero reported debt. Technicals are a partial offset, with price trading above key moving averages and neutral-to-positive momentum. Valuation remains challenging given the negative P/E and no dividend support.
Positive Factors
Debt-free balance sheet
Zero reported debt reduces refinancing and interest-rate risk, giving structural financial flexibility. For a capital‑intensive biotech scaling fermentation production, this lowers mandatory cash outflows and preserves optionality for strategic investments or funding rounds over the next 2–6 months.
Negative Factors
Negative gross profit and deep losses
Recurring negative gross profit indicates the core production economics are loss‑making at current scale or pricing. Without durable margin improvement from scale, cost reduction, or higher pricing, the company cannot reach sustainable profitability, threatening long‑term viability.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt reduces refinancing and interest-rate risk, giving structural financial flexibility. For a capital‑intensive biotech scaling fermentation production, this lowers mandatory cash outflows and preserves optionality for strategic investments or funding rounds over the next 2–6 months.
Read all positive factors

Bioextrax AB (BIOEX) vs. iShares MSCI Sweden ETF (EWD)

Bioextrax AB Business Overview & Revenue Model

Company Description
Bioextrax AB (publ) focuses on developing and commercializing a groundbreaking, biology-driven extraction system. This advanced technology facilitates the recovery of a variety of valuable materials from bacterial origins, such as bioplastic granu...
How the Company Makes Money
Bioextrax AB makes money primarily by commercializing fermentation-produced bio-based ingredients and related know-how. Key revenue streams include: (1) Sales of products/ingredients: revenue from supplying its bio-based materials (e.g., biopolyme...

Bioextrax AB Financial Statement Overview

Summary
Financial performance is weak overall. Income statement quality is poor with very small, volatile revenue and persistent deep losses, including negative gross profit in the latest years. Cash flow is a major risk with consistently negative operating and free cash flow and an accelerated cash burn in 2025. The main offsetting strength is a conservatively financed balance sheet with zero reported debt, though equity is declining from ongoing losses.
Income Statement
12
Very Negative
Balance Sheet
55
Neutral
Cash Flow
18
Very Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue757.00K515.00K2.06M395.00K275.76K
Gross Profit-16.43M-915.00K718.00K-18.64M-11.29M
EBITDA-17.24M-16.18M-20.65M-18.19M-10.18M
Net Income-17.70M-17.34M-21.51M-18.67M-10.53M
Balance Sheet
Total Assets24.73M29.00M22.52M37.92M12.64M
Cash, Cash Equivalents and Short-Term Investments3.93M17.27M13.40M27.53M8.98M
Total Debt0.000.000.000.000.00
Total Liabilities3.51M2.94M1.98M6.15M5.14M
Stockholders Equity21.21M26.06M20.54M31.77M7.50M
Cash Flow
Free Cash Flow-26.20M-18.99M-24.41M-24.38M-9.45M
Operating Cash Flow-26.05M-18.78M-23.31M-17.60M-8.48M
Investing Cash Flow-152.00K-215.00K-1.10M-6.78M-975.13K
Financing Cash Flow12.86M22.86M10.28M42.94M16.38M

Bioextrax AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price3.19
Price Trends
50DMA
2.55
Positive
100DMA
2.58
Positive
200DMA
2.49
Positive
Market Momentum
MACD
-0.05
Positive
RSI
54.38
Neutral
STOCH
43.49
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BIOEX, the sentiment is Positive. The current price of 3.19 is above the 20-day moving average (MA) of 2.52, above the 50-day MA of 2.55, and above the 200-day MA of 2.49, indicating a bullish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 54.38 is Neutral, neither overbought nor oversold. The STOCH value of 43.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:BIOEX.

Bioextrax AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
51
Neutral
kr97.20M28.842.85%9.35%-59.04%
48
Neutral
kr118.06M-5.44-5.80%-8.81%33.71%
47
Neutral
kr115.67M-5.47-103.54%45.29%7.02%
47
Neutral
kr91.68M-11.80-8.32%18.54%62.40%
44
Neutral
kr219.63M-0.49-169.96%-85.56%-528.21%
43
Neutral
kr51.74M-1.76-33.42%-66.96%-1530.40%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:BIOEX
Bioextrax AB
2.62
-0.98
-27.26%
SE:SES
Scandinavian Enviro Systems AB
0.19
-0.63
-77.24%
SE:AXOLOT
Axolot Solutions Holding AB
0.29
-0.13
-30.29%
SE:LEVEL
Nordic LEVEL Group AB Class B
0.33
-0.32
-49.38%
SE:CIRCHE
CirChem AB
0.70
-1.29
-64.80%
SE:CLEM
Clemondo Group AB
7.30
-2.50
-25.51%
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: Jul 07, 2026