BoMill AB (BOMILL) AI Stock Analysis

• Market Cap: kr64.97M
• Dividend Yield: N/A
• Average Volume (3M): 69.31K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.01
• Revenue Growth: -65.29%
• EPS Growth: -33.93%
• Country: SE
• Employees: 10
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): <0.01
• Shares Outstanding: 142,793,780
• 10 Day Avg. Volume: 27,082
• 30 Day Avg. Volume: 69,305
• PEG Ratio: 0.28
• Price to Book (P/B): 9.29
• Price to Sales (P/S): 4.54
• P/FCF Ratio: -5.39
• 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): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: kr0.45 ▼(-18.91% Downside)
• Action: Reiterated Date: 02/18/26
• Date: Action: Reiterated 02/18/26

The score is primarily constrained by weak financial performance—ongoing losses, negative gross profit in 2025, and persistent cash burn that has pressured equity. Technicals also reflect a clear downtrend (price below key moving averages, negative MACD). Valuation is not supportive given the negative P/E and lack of dividend data.

Positive Factors

Recurring aftermarket revenue

BoMill derives recurring/semi-recurring revenue from service, maintenance, spare parts and support tied to its installed base. This aftermarket stream can provide more predictable, higher-margin cash flows over time, support customer lock-in, and lengthen customer lifetime value.

Strong recent revenue ramp

A sharp revenue ramp, including ~171% growth in 2025, signals improving commercial traction and product-market fit. Sustained top-line expansion provides a base to scale fixed-cost absorption, expand aftermarket sales, and justify incremental investment in production and R&D.

No reported financial debt

The absence of reported debt reduces interest expense risk and refinancing exposure, preserving operating flexibility. For a cash-burning growth company, zero leverage lowers short-term fixed obligations and makes equity or strategic financing options less pressured.

Negative Factors

Persistent negative cash generation

Operating and free cash flow have been material outflows each year, meaning losses are translating into real cash burn. Prolonged negative cash generation depletes reserves, obliges external financing, and constrains the company's ability to invest in production scale or sales channels sustainably.

Negative gross profit in 2025

A negative gross profit in 2025 indicates revenue fails to cover direct product costs, pointing to structural problems in pricing, cost control, or product mix. Without restoring positive gross margins, operating leverage and profitability remain unattainable regardless of revenue growth.

Material equity erosion

Equity falling from ~32m to ~8.4m over five years reflects persistent losses and capital consumption. A reduced equity cushion limits ability to absorb shocks, increases reliance on new funding (dilutive or costly), and weakens long-term financial flexibility for growth investments.

BoMill AB Business Overview & Revenue Model

Company Description

BoMill AB (publ) provides grain quality sorting solutions worldwide. The company offers TriQ, a process capacity grain quality sorting solution; and IQ, a grain sorting solution for laboratory use. It also provides support services, such as installation and customer care services. The company serves malt house, green elevator, organic farming, seed cleaning, and producer, as well as semolina, flour, and feed mill industries. BoMill AB (publ) was founded in 2001 and is headquartered in Malmo, Sweden.

How the Company Makes Money

BoMill AB generates revenue primarily through the sale of its grain sorting equipment, such as the BoMill TriQ. The company's business model revolves around direct sales to agricultural producers, grain handlers, and milling companies who benefit from improved grain quality and yield. Additionally, BoMill offers maintenance services and technical support, providing an additional revenue stream. The company's earnings are further bolstered by strategic partnerships and collaborations with key players in the agriculture and food sectors, which help expand its market reach and enhance product offerings.

BoMill AB Financial Statement Overview

Summary

Strong recent revenue growth contrasts with very weak fundamentals: deeply negative EBIT/net income, a sharp deterioration to negative gross profit in 2025, and recurring cash burn. Zero debt is a positive, but equity has fallen materially, reducing financial flexibility.

Income Statement

Revenue has ramped sharply in recent years (2025: ~171% growth; 2023–2024 also strong), indicating improving commercial traction. However, profitability remains very weak: EBIT and net income are deeply negative across all periods, and 2025 shows a sharp deterioration in gross profit (negative), suggesting unfavorable mix, pricing, or cost overruns. While losses have narrowed versus 2022, the company is still far from sustainable margins and earnings.

Balance Sheet

The balance sheet is conservatively levered with no reported debt across the periods, which reduces refinancing and interest-rate risk. That said, equity has declined materially (from ~32.0m in 2020 to ~8.4m in 2025) alongside persistent losses, signaling ongoing capital consumption and reduced financial flexibility. Assets also stepped down from prior peaks, consistent with a smaller equity cushion than in earlier years.

Cash Flow

Cash generation is consistently negative: operating cash flow and free cash flow are materially outflows every year, implying the business is still funding operations through cash reserves or external capital. Cash burn improved in 2024 versus 2023, but worsened again in 2025. Free cash flow tracks net losses (in 2023–2024, free cash flow roughly matched the scale of net loss), which suggests losses are translating into real cash usage rather than being mostly non-cash.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	17.13M	15.15M	8.48M	560.00K	983.00K
Gross Profit	-16.81M	9.43M	6.73M	-666.00K	163.00K
EBITDA	-15.03M	-14.36M	-15.73M	-24.45M	-22.02M
Net Income	-12.77M	-16.71M	-17.58M	-25.22M	-22.72M
Balance Sheet
Total Assets	21.49M	36.85M	28.14M	24.73M	25.70M
Cash, Cash Equivalents and Short-Term Investments	2.96M	17.18M	12.52M	14.64M	14.54M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	13.13M	16.15M	6.70M	5.81M	2.85M
Stockholders Equity	8.36M	20.70M	21.45M	18.92M	22.84M
Cash Flow
Free Cash Flow	-14.41M	-11.61M	-22.24M	-21.22M	-23.38M
Operating Cash Flow	-14.15M	-11.11M	-19.91M	-18.48M	-21.80M
Investing Cash Flow	-503.00K	-187.00K	-2.33M	-2.74M	-1.58M
Financing Cash Flow	436.00K	15.95M	20.12M	21.32M	12.58M

BoMill AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.55
• 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:BOMILL, the sentiment is Negative. The current price of 0.55 is above the 20-day moving average (MA) of 0.48, above the 50-day MA of 0.53, and below the 200-day MA of 0.60, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 39.10 is Neutral, neither overbought nor oversold. The STOCH value of 42.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:BOMILL.

BoMill AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GGEO	52 Neutral	kr97.92M	-195.09	1.33%	―	2.20%	50.91%
MANTEX	47 Neutral	kr21.37M	-0.49	-280.69%	―	-44.22%	50.60%
FLEXQ	46 Neutral	kr215.81M	-5.47	―	―	-4.14%	23.99%
BOMILL	44 Neutral	kr64.97M	-6.08	-115.02%	―	-65.29%	-33.93%
IMPC	44 Neutral	kr155.72M	-2.70	―	―	―	―
OPTI	41 Neutral	kr112.70M	-15.94	―	―	140.86%	34.21%