BoMill AB (BOMILL) AI Stock Analysis

• Market Cap: kr67.82M
• Dividend Yield: N/A
• Average Volume (3M): 69.31K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.02
• Revenue Growth: -65.29%
• EPS Growth: -33.93%
• Country: SE
• Employees: 10
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): -0.05
• Shares Outstanding: 131,430,080
• 10 Day Avg. Volume: 27,082
• 30 Day Avg. Volume: 69,305
• PEG Ratio: 0.21
• Price to Book (P/B): 7.42
• Price to Sales (P/S): 10.14
• P/FCF Ratio: -13.24
• 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: kr0.52 ▼(-5.45% Downside)

The score is held down primarily by deteriorating fundamentals (sharp TTM revenue decline, negative margins, and ongoing cash burn with a shrinking equity cushion). Technicals also point to a weak trend with negative momentum, only partially offset by near-oversold signals. Valuation provides limited support because the company is loss-making and no dividend yield is available.

Positive Factors

Debt-free balance sheet

A zero-debt capital structure materially lowers near-term financial leverage risk and gives management flexibility to fund operations or restructure financing without immediate refinancing pressure. This durable buffer helps sustain operations while pursuing product commercialization or aftermarket growth.

Proprietary optical/NIR technology

Proprietary optical/NIR sorting is a structural competitive advantage in grain and seed quality control: it creates technical differentiation and higher switching costs for industrial customers. This entrenched capability supports long-term product relevance and potential OEM or channel partnerships.

Aftermarket and service revenue

Aftermarket service and parts tied to installed systems generate recurring, higher-margin revenue that stabilizes cash flow versus lumpy equipment sales. Over time, a growing installed base can raise lifetime customer value and improve gross margin sustainability if service uptake scales.

Negative Factors

Sharp revenue decline

A large, recent drop in revenue signals weakening demand, loss of scale, or contracting market share. For a hardware-centric business, declining top-line undermines unit economics, reduces leverage on fixed costs and R&D, and makes achieving sustainable margins and breakeven much harder over the medium term.

Persistent cash burn

Sustained negative operating and free cash flow erodes liquidity and increases dependence on external financing. Over months, this constrains investments in product development, customer support and global expansion, raising going-concern risk and potential dilution or creditor-imposed limitations if losses continue.

Eroding equity base

Rapid depletion of shareholders' equity reduces the company's capital cushion to absorb continued losses and limits financial flexibility. Persistent negative returns on equity reflect inability to generate capital internally and increase the likelihood of future capital raises or restructuring actions that may dilute existing stakeholders.

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

Income statement and cash flow are very weak: TTM revenue fell sharply (~34% vs prior annual level), gross profit turned negative, and losses remain large relative to sales. Cash burn persists with negative operating cash flow (~-14.1M) and negative free cash flow (~-8.7M), alongside a shrinking equity base in TTM. The main offset is a debt-free balance sheet, which reduces near-term financial leverage risk.

Income Statement

TTM (Trailing-Twelve-Months) revenue fell sharply to 6.3M (down ~34% vs. the prior annual level of 15.2M), and profitability deteriorated meaningfully: gross profit turned negative and operating losses remained very large relative to sales (deeply negative EBIT and EBITDA margins). While the company did show revenue expansion from 2022 to 2024 off a very low base, the current trajectory points to weakening demand/scale and continued heavy losses, which is the core earnings risk.

Balance Sheet

The balance sheet is supported by zero reported debt (debt-to-equity of 0.0 across periods), which materially lowers financial risk and gives flexibility. That said, equity has declined significantly (from ~20.7M in 2024 to ~7.9M in TTM), and returns on equity are strongly negative, reflecting persistent losses and an ongoing erosion of the capital base.

Cash Flow

Cash generation remains weak with negative operating cash flow and negative free cash flow in both annual periods and TTM (TTM operating cash flow about -14.1M; free cash flow about -8.7M). Free cash flow improved versus net income in TTM (losses exceeded cash burn), but the business still consumes cash and TTM free cash flow declined versus the prior period, increasing funding/going-concern pressure if losses persist.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.32M	15.15M	8.48M	560.00K	983.00K	57.00K
Gross Profit	-1.31M	9.43M	6.73M	-666.00K	163.00K	1.13M
EBITDA	-19.02M	-14.36M	-15.73M	-24.45M	-22.02M	-20.63M
Net Income	-20.82M	-16.71M	-17.58M	-25.22M	-22.72M	-21.81M
Balance Sheet
Total Assets	25.42M	36.85M	28.14M	24.73M	25.70M	37.98M
Cash, Cash Equivalents and Short-Term Investments	1.25M	17.18M	12.52M	14.64M	14.54M	25.35M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	17.54M	16.15M	6.70M	5.81M	2.85M	6.00M
Stockholders Equity	7.89M	20.70M	21.45M	18.92M	22.84M	31.98M
Cash Flow
Free Cash Flow	-8.66M	-11.61M	-22.24M	-21.22M	-23.38M	-19.05M
Operating Cash Flow	-14.08M	-11.11M	-19.91M	-18.48M	-21.80M	-16.44M
Investing Cash Flow	-327.00K	-187.00K	-2.33M	-2.74M	-1.58M	-2.29M
Financing Cash Flow	0.00	15.95M	20.12M	21.32M	12.58M	39.85M

BoMill AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.55
• 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:BOMILL, the sentiment is Negative. The current price of 0.55 is above the 20-day moving average (MA) of 0.55, below the 50-day MA of 0.58, and below the 200-day MA of 0.63, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 42.46 is Neutral, neither overbought nor oversold. The STOCH value of 41.70 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
GGEO	68 Neutral	kr108.38M	55.04	1.33%	―	2.20%	50.91%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
IMPC	46 Neutral	kr148.89M	-2.80	―	―	―	―
FLEXQ	45 Neutral	kr134.04M	-4.22	―	―	-4.14%	23.99%
BOMILL	44 Neutral	kr67.82M	-3.00	-115.02%	―	-65.29%	-33.93%
OPTI	41 Neutral	kr145.92M	-2.38	―	―	140.86%	34.21%
MANTEX	38 Underperform	kr12.15M	-0.34	-280.69%	―	-44.22%	50.60%