Crunchfish AB (CFISH) AI Stock Analysis

• Market Cap: kr219.52M
• Dividend Yield: N/A
• Average Volume (3M): 269.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.36
• Revenue Growth: -57.18%
• EPS Growth: 72.75%
• Country: SE
• Employees: 20
• Sector: General
• Sector Strength: N/A
• Industry: Software - Application
• EPS (TTM): -0.07
• Shares Outstanding: 77,842,890
• 10 Day Avg. Volume: 153,848
• 30 Day Avg. Volume: 269,442
• PEG Ratio: 0.03
• Price to Book (P/B): 1.10
• Price to Sales (P/S): 17.75
• P/FCF Ratio: -1.50
• 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: 47 Neutral
• Price Target: kr3.00 ▲(3.45% Upside)

The score is held down primarily by weak financial performance (persistent losses, negative margins, declining revenue, and negative cash flows). Technicals provide some support due to a strong trend above key moving averages, but overbought signals and a slightly negative MACD reduce confidence. Valuation is constrained by the negative P/E and lack of dividend yield.

Positive Factors

Low Leverage

Crunchfish AB's low leverage indicates a conservative financial approach, providing flexibility to manage financial obligations and invest in growth opportunities without excessive debt burden.

Innovative Product Portfolio

The company's focus on innovation in digital interaction solutions positions it well in growing sectors like augmented reality and mobile payments, offering potential for future revenue growth.

Collaborations with Industry Players

Strategic partnerships can enhance Crunchfish's market position and product development capabilities, potentially leading to increased market share and revenue streams.

Negative Factors

Declining Revenue

Persistent revenue decline indicates challenges in market demand or competitive positioning, which could hinder long-term growth and profitability.

Negative Profit Margins

Negative profit margins highlight operational inefficiencies and profitability challenges, potentially impacting the company's ability to sustain operations and invest in growth.

Cash Flow Challenges

Negative cash flows suggest difficulties in generating sufficient cash from operations, which could limit Crunchfish's ability to finance new projects or weather financial downturns.

Crunchfish AB Business Overview & Revenue Model

Company Description

Crunchfish AB (publ) develops and offers technology solutions. The company develops Digital Cash online, which provides payment availability and load balancing to banks, mobile operators, and payment services; and Digital Cash offline that is integrated with Digital Cash online. It also develops and offers Gesture Interaction, which is a touchless interaction that enable users to interact with devices without touching displays or physical buttons. Crunchfish AB (publ) was incorporated in 2010 and is headquartered in Malmö, Sweden.

How the Company Makes Money

Crunchfish AB generates revenue through multiple streams, including licensing its technology to partners in the mobile payment and augmented reality sectors. The company develops software solutions that enable gesture control and contactless payment functionalities, which are then integrated into third-party applications and devices. Key revenue streams include fees from licensing agreements, software subscriptions, and potential royalties based on the usage of its technology. Additionally, Crunchfish collaborates with significant industry players to expand its market reach and enhance its product offerings, which further contributes to its earnings.

Crunchfish AB Financial Statement Overview

Summary

Crunchfish AB faces significant financial challenges, with persistent losses and declining revenues impacting profitability. The balance sheet shows low leverage, but the negative return on equity and poor cash flow performance highlight ongoing operational and financial difficulties.

Income Statement

Crunchfish AB's income statement reveals significant challenges, with negative gross and net profit margins indicating a lack of profitability. The TTM (Trailing-Twelve-Months) data shows a gross profit margin of -10.83% and a net profit margin of -17.63%, reflecting ongoing losses. Revenue growth is negative, suggesting declining sales. The EBIT and EBITDA margins are also negative, highlighting operational inefficiencies.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio of 0.018, indicating conservative leverage. However, the return on equity is negative, at -52.38% TTM, reflecting poor profitability. The equity ratio is reasonable, suggesting a stable capital structure, but the negative ROE is a significant concern.

Cash Flow

Cash flow analysis indicates negative operating and free cash flows, with a slight improvement in free cash flow growth. The operating cash flow to net income ratio is negative, showing cash flow challenges. The free cash flow to net income ratio is above 1, suggesting some efficiency in converting income to cash, but overall cash flow remains weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.16M	2.93M	987.83K	6.19M	3.96M	10.88M
Gross Profit	-9.10M	-7.61M	-7.61M	-1.99M	-5.30M	-189.67K
EBITDA	-20.61M	-20.85M	-48.84M	-23.79M	-36.48M	-24.89M
Net Income	-20.78M	-26.53M	-49.30M	-25.90M	-40.90M	-25.44M
Balance Sheet
Total Assets	62.09M	54.97M	61.52M	66.49M	64.19M	44.30M
Cash, Cash Equivalents and Short-Term Investments	17.43M	17.28M	30.73M	29.29M	32.76M	8.67M
Total Debt	806.29K	957.49K	1.42M	383.49K	560.58K	789.06K
Total Liabilities	7.57M	7.80M	9.25M	7.72M	8.35M	9.46M
Stockholders Equity	54.52M	47.16M	52.26M	58.77M	55.84M	34.84M
Cash Flow
Free Cash Flow	-29.95M	-34.75M	-42.62M	-30.47M	-33.73M	-23.09M
Operating Cash Flow	-22.73M	-22.04M	-24.91M	-16.85M	-19.39M	-12.94M
Investing Cash Flow	-7.22M	-12.71M	-17.71M	-13.62M	-15.84M	-15.15M
Financing Cash Flow	38.35M	21.25M	43.87M	26.78M	59.25M	23.64M

Crunchfish AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.90
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CFISH, the sentiment is Positive. The current price of 2.9 is above the 20-day moving average (MA) of 2.55, above the 50-day MA of 2.75, and above the 200-day MA of 2.84, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 54.58 is Neutral, neither overbought nor oversold. The STOCH value of 52.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:CFISH.

Crunchfish AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CDMIL	66 Neutral	kr204.32M	73.89	―	3.25%	-18.05%	-71.19%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
SFTR	54 Neutral	kr172.87M	148.57	―	―	―	―
CFISH	47 Neutral	kr219.52M	-8.91	―	―	-57.18%	72.75%
GREAT	45 Neutral	kr324.94M	-5.41	―	―	-69.94%	-7367.66%
TERRNT.B	43 Neutral	kr134.36M	-1.94	-188.09%	―	―	24.94%
RPLAN	42 Neutral	kr47.43M	-2.06	―	―	―	―