Codemill AB (CDMIL) AI Stock Analysis

• Market Cap: kr231.57M
• Dividend Yield: 3.29%
• Average Volume (3M): 4.57K
• Price to Earnings (P/E): 83.7
• Beta (1Y): -0.24
• Revenue Growth: -18.05%
• EPS Growth: -71.19%
• Country: SE
• Employees: 54
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.04
• Shares Outstanding: 13,621,653
• 10 Day Avg. Volume: 6,443
• 30 Day Avg. Volume: 4,565
• PEG Ratio: -0.04
• Price to Book (P/B): 3.83
• Price to Sales (P/S): 2.37
• P/FCF Ratio: 10.94
• 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): 8.53
• Revenue Forecast (FY): kr795.85M

• Rating: 66 Neutral
• Price Target: kr18.50 ▲(20.13% Upside)

Codemill AB's overall stock score of 66 reflects a stable financial foundation with strong balance sheet metrics and positive cash flow trends. However, the declining revenue and high P/E ratio raise concerns about growth and valuation. The technical analysis suggests moderate bullish momentum, which supports the stock's current price levels. The absence of earnings call data and corporate events means these factors did not influence the score.

Positive Factors

Strong Balance Sheet

A strong balance sheet with minimal leverage enhances financial stability and provides flexibility for future investments or downturns.

Efficient Cost Management

Efficient cost management supports profitability, allowing the company to maintain competitive pricing and invest in growth opportunities.

Solid Capital Structure

A high equity ratio indicates a strong capital base, reducing reliance on debt and enhancing long-term financial health and resilience.

Negative Factors

Declining Revenue Growth

Declining revenue growth can limit the company's ability to scale operations and invest in new opportunities, impacting long-term competitiveness.

Negative Free Cash Flow Growth

Negative free cash flow growth restricts the company's ability to reinvest in its business, pay down debt, or return capital to shareholders.

Reduced Profitability

A decline in net profit margin indicates reduced profitability, which can affect the company's ability to fund growth and improve shareholder returns.

Codemill AB Business Overview & Revenue Model

Company Description

CodeMill AB (publ) develops media and video applications in Sweden and internationally. It offers Accurate.Video, a web-based video platform for integration with video platforms, applications, or MAM for broadcast, post-production, and media professionals; and Accurate Player SDK, a web browser based professional video, audio, and subtitle player framework. The company was founded in 2007 and is based in Umeå, Sweden.

How the Company Makes Money

Codemill AB generates revenue through a combination of software licensing, project-based services, and ongoing maintenance contracts. The company primarily earns money by licensing its proprietary software solutions to clients in the media and entertainment sectors, which allows them to enhance their operational capabilities. Additionally, Codemill offers custom software development services tailored to specific client needs, resulting in project-based revenues. Ongoing support and maintenance contracts further contribute to the company's earnings by providing clients with continuous service and updates. Strategic partnerships with major media companies and technology providers also play a crucial role in expanding Codemill's market reach and driving sales growth.

Codemill AB Financial Statement Overview

Summary

Codemill AB demonstrates a stable financial position with strong profitability margins and a solid balance sheet. However, challenges in revenue growth and cash flow generation could impact future financial flexibility. The low leverage and efficient cost management are positive aspects, but attention to improving sales and cash flow is necessary for sustained growth.

Income Statement

Codemill AB's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) gross profit margin is healthy at 46.08%, indicating efficient cost management. However, the net profit margin has decreased to 9.93% from 11.89% in the previous year, reflecting reduced profitability. The revenue growth rate is negative at -8.85%, suggesting a decline in sales compared to the previous period. Despite these challenges, the company maintains a positive EBIT margin of 10.49% and an EBITDA margin of 28.17%, showcasing operational efficiency.

Balance Sheet

Codemill AB's balance sheet is strong with a low debt-to-equity ratio of 0.032, indicating minimal leverage and financial risk. The return on equity (ROE) is 15.81%, which is a positive sign of profitability and efficient use of equity. The equity ratio stands at 66.54%, reflecting a solid capital structure with a majority of assets financed by equity.

Cash Flow

The cash flow statement reveals some concerns. The free cash flow growth rate is negative at -17.59%, indicating a decline in cash available for reinvestment or distribution. The operating cash flow to net income ratio is 0.68, suggesting moderate cash generation relative to net income. The free cash flow to net income ratio is 0.51, which is lower than the previous year, highlighting potential cash flow constraints.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	74.40M	91.97M	78.79M	57.31M	34.64M	30.20M
Gross Profit	35.97M	40.19M	26.78M	14.02M	-4.28M	569.00K
EBITDA	18.84M	27.11M	13.20M	948.00K	-16.41M	-8.62M
Net Income	2.77M	10.94M	-2.69M	-13.69M	-28.23M	-13.68M
Balance Sheet
Total Assets	72.32M	91.69M	81.19M	82.99M	98.83M	70.23M
Cash, Cash Equivalents and Short-Term Investments	27.40M	32.82M	15.66M	12.38M	28.68M	27.30M
Total Debt	1.20M	2.40M	4.93M	6.93M	9.10M	13.22M
Total Liabilities	22.14M	34.81M	35.30M	34.40M	36.45M	31.60M
Stockholders Equity	50.19M	56.88M	45.89M	48.59M	62.38M	36.47M
Cash Flow
Free Cash Flow	9.30M	19.92M	5.84M	-14.78M	-45.30M	-18.01M
Operating Cash Flow	18.94M	28.26M	14.46M	-166.00K	-15.54M	-4.63M
Investing Cash Flow	-9.63M	-8.34M	-8.61M	-14.00M	-36.40M	-13.38M
Financing Cash Flow	-8.84M	-2.64M	-2.56M	-2.14M	53.32M	42.16M

Codemill AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 15.40
• 50DMA: Positive
• 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:CDMIL, the sentiment is Negative. The current price of 15.4 is below the 20-day moving average (MA) of 15.75, above the 50-day MA of 15.17, and below the 200-day MA of 17.28, indicating a neutral trend. The MACD of 0.16 indicates Positive momentum. The RSI at 47.36 is Neutral, neither overbought nor oversold. The STOCH value of 24.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:CDMIL.

Codemill AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CDMIL	66 Neutral	kr231.57M	83.74	―	3.29%	-18.05%	-71.19%
LITI	62 Neutral	€270.89M	―	-0.84%	―	7.86%	-189.02%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CFISH	41 Neutral	kr258.44M	-7.98	―	―	-57.18%	73.89%
GREAT	41 Neutral	kr226.99M	―	―	―	-69.94%	-7367.66%