Nimbus Group AB (BOAT) AI Stock Analysis

• Market Cap: kr628.81M
• Dividend Yield: N/A
• Average Volume (3M): 6.30K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.59
• Revenue Growth: -15.55%
• EPS Growth: -1428.30%
• Country: SE
• Employees: 403
• Sector: Consumer Cyclical
• Sector Strength: 64
• Industry: Auto - Recreational Vehicles
• EPS (TTM): -0.02
• Shares Outstanding: 42,631,184
• 10 Day Avg. Volume: 7,370
• 30 Day Avg. Volume: 6,300
• PEG Ratio: 0.16
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.52
• 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: kr15.98
• Price Target Upside: 6.91% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: kr15.00 ▲(0.33%Upside)

The stock is facing significant financial challenges, with declining revenues, profitability issues, and liquidity constraints as the most impactful factors. Technical indicators are mixed, offering no strong bullish or bearish signals. The valuation is unattractive due to negative earnings and lack of dividends.

Nimbus Group AB Business Overview & Revenue Model

Company Description

Nimbus Group AB (BOAT) is a prominent Swedish manufacturer and distributor in the leisure boating industry. The company specializes in designing, producing, and selling premium leisure boats, offering a wide range of models that cater to various customer preferences and uses. With a focus on innovation, quality craftsmanship, and advanced technology, Nimbus Group AB serves boating enthusiasts globally, providing them with high-performance and reliable watercraft for leisure and recreational activities.

How the Company Makes Money

Nimbus Group AB makes money primarily through the sale of its leisure boats. The company's revenue model is centered around manufacturing and selling a diverse range of premium boats under the Nimbus brand and other associated brands. Key revenue streams include direct sales to customers, dealership networks, and partnerships with maritime retailers. Additionally, Nimbus Group AB may generate income from after-sales services, maintenance, and the sale of spare parts and accessories. Strategic partnerships, brand reputation, and a strong distribution network are significant factors contributing to its earnings, enabling the company to reach a wide customer base across different geographical markets.

Nimbus Group AB Financial Statement Overview

Summary

Nimbus Group AB faces several financial challenges. The income statement shows declining revenues and profitability, the balance sheet indicates potential leverage risks, and cash flow analysis reveals liquidity constraints. Improvement in operational efficiency and cash flow management is essential.

Income Statement

The income statement shows significant challenges, with negative EBIT and net income in the TTM period. Gross profit margin has declined from previous years, and revenue has decreased, indicating a negative growth trend. The company needs to improve its operational efficiency and return to profitability to enhance its income statement performance.

Balance Sheet

The balance sheet reflects a relatively high debt-to-equity ratio but a solid equity base. However, recent increases in total liabilities and declining equity ratio reveal potential leverage risks. The company must manage its debt levels carefully to maintain financial stability.

Cash Flow

Cash flow metrics indicate significant negative free cash flow and operating cash flow, suggesting liquidity issues. The declining free cash flow growth rate is concerning, and the company must focus on improving cash generation from operations to sustain its financial health.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.62B	1.90B	1.75B	1.46B	927.35M
Gross Profit	226.90M	287.56M	336.23M	292.97M	163.95M
EBITDA	9.16M	145.08M	228.65M	172.30M	65.73M
Net Income	-61.43M	45.05M	149.64M	133.01M	76.72M
Balance Sheet
Total Assets	2.40B	2.01B	1.57B	1.23B	691.96M
Cash, Cash Equivalents and Short-Term Investments	5.32M	8.14M	-189.35M	153.86M	32.39M
Total Debt	405.20M	315.04M	255.70M	118.94M	145.94M
Total Liabilities	1.24B	1.15B	822.20M	622.41M	427.62M
Stockholders Equity	1.16B	862.99M	748.53M	605.09M	264.34M
Cash Flow
Free Cash Flow	-110.06M	-82.23M	-127.53M	97.16M	175.53M
Operating Cash Flow	-67.86M	-20.70M	-61.68M	140.49M	205.90M
Investing Cash Flow	-39.40M	-132.52M	-84.58M	-154.79M	-38.64M
Financing Cash Flow	96.95M	171.46M	-8.65M	134.29M	-145.11M

Nimbus Group AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 14.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BOAT, the sentiment is Negative. The current price of 14.95 is below the 20-day moving average (MA) of 15.24, below the 50-day MA of 15.31, and below the 200-day MA of 16.35, indicating a bearish trend. The MACD of -0.23 indicates Positive momentum. The RSI at 47.50 is Neutral, neither overbought nor oversold. The STOCH value of 30.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:BOAT.

Nimbus Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SODER	69 Neutral	kr257.31M	37.32	8.09%	2.62%	8.28%	-5.74%
NELLY	66 Neutral	kr1.84B	14.45	50.07%	―	8.68%	137.29%
PIERCE	64 Neutral	kr715.95M	19.05	-3.61%	―	8.07%	61.01%
BULTEN	63 Neutral	kr1.26B	22.97	2.94%	4.57%	-6.33%	-40.22%
Sector *	63 Neutral	kr10.82B	18.18	4.75%	2.95%	1.63%	-16.68%
DURC.B	57 Neutral	kr653.25M	50.26	1.18%	1.79%	-1.13%	―
BOAT	49 Neutral	kr628.81M	―	-12.21%	―	-15.55%	-1428.30%