Nimbus Group AB (BOAT) AI Stock Analysis

• Market Cap: €477.47M
• Dividend Yield: N/A
• Average Volume (3M): 6.11K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.41
• Revenue Growth: -17.48%
• EPS Growth: 20.08%
• Country: SE
• Employees: 403
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Recreational Vehicles
• EPS (TTM): -1.29
• Shares Outstanding: 42,631,184
• 10 Day Avg. Volume: 4,447
• 30 Day Avg. Volume: 6,112
• PEG Ratio: 0.05
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 0.43
• P/FCF Ratio: -6.26
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: kr10.50 ▼(-6.25% Downside)

Nimbus Group AB's stock score is primarily impacted by its weak financial performance and valuation concerns. The company's declining revenues, negative profitability, and cash flow issues are significant risks. Technical analysis indicates bearish trends, further weighing on the stock's outlook. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Improved Leverage

Improved leverage indicates better financial management and reduced risk, enhancing the company's ability to invest in growth opportunities.

Strategic Partnerships

Strategic partnerships enhance product offerings and market reach, supporting long-term growth and competitive positioning in the industry.

Aftermarket Services

Aftermarket services create a recurring revenue stream, contributing to financial stability and customer retention over time.

Negative Factors

Declining Revenues

Declining revenues indicate challenges in market demand or competitive pressures, potentially impacting long-term growth and profitability.

Negative Profit Margins

Negative profit margins reflect operational inefficiencies and can hinder the company's ability to reinvest in business development and innovation.

Cash Flow Challenges

Negative cash flows limit financial flexibility and may constrain the company's capacity to fund growth initiatives or manage unexpected expenses.

Nimbus Group AB Business Overview & Revenue Model

Company Description

Nimbus Group AB (BOAT) is a leading company in the maritime industry, specializing in the design, manufacturing, and sale of high-performance boats and marine accessories. The company operates across various sectors, including recreational boating, commercial marine solutions, and luxury yacht production. With a commitment to innovation and sustainability, Nimbus Group AB offers a range of products, including motorboats, sailing yachts, and related equipment, catering to both individual consumers and commercial clients.

How the Company Makes Money

Nimbus Group AB generates revenue through multiple streams, primarily from the sale of its boats and marine products. The company sells directly to consumers as well as through a network of dealers and distributors, allowing it to reach a broad market segment. In addition to boat sales, Nimbus Group AB earns income from aftermarket services, including maintenance, repairs, and parts sales, which provide ongoing revenue opportunities. The company also benefits from strategic partnerships with other marine and technology firms, enhancing its product offerings and market reach. Seasonal demand fluctuations in the boating industry, along with the growing trend of recreational boating, contribute significantly to its revenue generation.

Nimbus Group AB Financial Statement Overview

Summary

Nimbus Group AB is facing significant financial challenges, with declining revenues and profitability, negative cash flows, and a negative return on equity. While the balance sheet shows improved leverage, the overall financial health of the company is under pressure, requiring strategic interventions to stabilize and improve performance.

Income Statement

Nimbus Group AB has experienced declining revenue and profitability over the TTM period. The gross profit margin has decreased to 11.80% from 13.26% in the previous year, and the net profit margin has turned negative at -8.16%. Revenue growth has been negative, indicating a contraction in sales. The EBIT and EBITDA margins are also negative, reflecting operational challenges.

Balance Sheet

The company's balance sheet shows moderate leverage with a debt-to-equity ratio of 0.16, which is an improvement from the previous year's 0.35. However, the return on equity is negative at -11.82%, indicating that the company is not generating returns for shareholders. The equity ratio is stable, suggesting a solid capital structure.

Cash Flow

Nimbus Group AB's cash flow situation is concerning, with negative operating and free cash flows. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is -0.12, indicating cash flow challenges. However, the free cash flow to net income ratio is 1.46, suggesting some efficiency in converting net income to free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.41B	1.62B	1.90B	1.75B	1.46B	927.35M
Gross Profit	139.85M	214.70M	287.56M	336.23M	292.97M	163.95M
EBITDA	23.96M	-45.16M	145.08M	227.40M	190.71M	76.48M
Net Income	-105.25M	-61.43M	45.05M	149.64M	133.01M	76.72M
Balance Sheet
Total Assets	1.87B	2.40B	2.01B	1.57B	1.23B	691.96M
Cash, Cash Equivalents and Short-Term Investments	48.16M	5.32M	8.14M	-189.35M	153.86M	32.39M
Total Debt	179.73M	405.20M	315.04M	255.70M	118.94M	145.94M
Total Liabilities	805.70M	1.24B	1.15B	822.20M	622.41M	427.62M
Stockholders Equity	1.06B	1.16B	862.99M	748.53M	605.09M	264.34M
Cash Flow
Free Cash Flow	-104.21M	-110.06M	-82.23M	-127.53M	97.16M	175.53M
Operating Cash Flow	-68.96M	-67.86M	-20.70M	-61.68M	140.49M	205.90M
Investing Cash Flow	-37.38M	-39.40M	-132.52M	-84.58M	-154.79M	-38.64M
Financing Cash Flow	137.54M	96.95M	171.46M	-8.65M	134.29M	-145.11M

Nimbus Group AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 11.20
• 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:BOAT, the sentiment is Neutral. The current price of 11.2 is above the 20-day moving average (MA) of 10.63, below the 50-day MA of 12.27, and below the 200-day MA of 14.58, indicating a neutral trend. The MACD of -0.20 indicates Negative momentum. The RSI at 49.73 is Neutral, neither overbought nor oversold. The STOCH value of 74.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	€183.55M	32.77	6.37%	4.10%	2.88%	-51.00%
BORG	69 Neutral	€1.58B	18.68	23.44%	4.78%	9.20%	11.72%
RVRC	69 Neutral	€6.93B	23.31	23.71%	2.16%	6.44%	0.49%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
FOI.B	59 Neutral	kr7.15B	85.08	2.04%	2.42%	-2.98%	-30.48%
PIERCE	46 Neutral	€1.03B	-73.41	-1.41%	―	15.59%	16.67%
BOAT	45 Neutral	€477.47M	-4.11	-11.15%	―	-17.48%	20.08%