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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 46 (OpenAI - 5.2)
Rating:46Neutral
Price Target:
kr2.50
▼(-21.63% Downside)
Action:Reiterated
Date:07/02/26
The score is primarily held down by weak financial performance—persistent losses, mostly negative gross profit, declining recent revenue, and ongoing negative operating/free cash flow with higher cash burn in 2025—despite the benefit of having no reported debt. Technicals are mixed/neutral and do not offset the fundamental risks, while valuation is also pressured by negative earnings (negative P/E) and no indicated dividend yield.
Positive Factors
Conservative balance sheet (no reported debt)
Zero reported debt materially reduces refinancing and interest-rate risk for a small biotech. This structural conservatism preserves optionality for R&D and commercialization timelines, lowering the probability that operating shortfalls immediately force distress financing or hurried asset sales.
Negative Factors
Structural unprofitability
Persistently negative gross margins and deep operating losses signal the company's cost base exceeds current revenue capability. This is a structural barrier to sustainable earnings: without consistent margin improvement or materially higher revenue, profitability remains unlikely and constrains reinvestment capacity.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet (no reported debt)
Zero reported debt materially reduces refinancing and interest-rate risk for a small biotech. This structural conservatism preserves optionality for R&D and commercialization timelines, lowering the probability that operating shortfalls immediately force distress financing or hurried asset sales.
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 makes money primarily by commercializing its industrial biotechnology capabilities and resulting products and/or process technologies. Key revenue streams can include (i) sales of bio-based products or ingredients produced using its proc...

Bioextrax AB Financial Statement Overview

Summary
Despite a strong balance-sheet feature (zero reported debt), overall financial performance is weak: revenue is very small and declining in 2024–2025, gross profit is negative in most years, and operating/net losses are consistently deep. Cash flow is a major risk with negative operating cash flow and free cash flow every year and an accelerating cash burn in 2025, alongside declining equity.
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
2.56
Positive
100DMA
2.68
Negative
200DMA
2.54
Positive
Market Momentum
MACD
0.02
Negative
RSI
55.28
Neutral
STOCH
50.88
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 2.53, above the 50-day MA of 2.56, and above the 200-day MA of 2.54, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 55.28 is Neutral, neither overbought nor oversold. The STOCH value of 50.88 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
kr97.20M29.335.40%9.35%-59.04%
48
Neutral
kr115.60M-5.29-1.58%-8.81%33.71%
47
Neutral
kr254.90M-0.59-20.69%-73.84%-55942.86%
47
Neutral
kr87.87M-12.11-17.60%65.80%73.02%
46
Neutral
kr126.14M-6.08-94.54%45.29%7.02%
43
Neutral
kr50.57M-1.72-25.32%-66.96%-1530.40%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:BIOEX
Bioextrax AB
2.65
-0.23
-8.15%
SE:SES
Scandinavian Enviro Systems AB
0.23
-0.57
-71.36%
SE:AXOLOT
Axolot Solutions Holding AB
0.28
-0.21
-43.35%
SE:LEVEL
Nordic LEVEL Group AB Class B
0.33
-0.31
-48.28%
SE:CIRCHE
CirChem AB
0.69
-1.35
-66.24%
SE:CLEM
Clemondo Group AB
7.02
-2.23
-24.11%
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 02, 2026