Crunchfish AB (SE:CFISH)
:CFISH
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Crunchfish AB
(CFISH)
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Rating:44Neutral
Price Target:
kr2.50
▼(-13.79% Downside)
Action:ReiteratedDate:04/02/26
The score is primarily held down by weak financial performance (shrinking revenue, negative gross profit, persistent losses and cash burn). Technicals add mild downside pressure with the price below key moving averages and slightly negative MACD. Valuation provides little support due to negative earnings (negative P/E) and no dividend yield data.
Positive Factors
Low Leverage / Solvency
Very low leverage (debt-to-equity ~0.7–2.7%) materially reduces solvency and refinancing risk, giving management time to execute strategic pivots. A durable low-debt profile preserves optionality to fund R&D or absorb losses without immediate refinancing pressure, aiding multi-month resilience.
Negative Factors
Persistent Negative Operating Cash Flow
Operating cash flow has been negative every year (roughly -13m to -25m), indicating persistent cash burn. This structural outflow pressures runway, forces reliance on external financing or equity dilution, and constrains sustained investment in sales or product scaling without a clear path to breakeven.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Solvency
Very low leverage (debt-to-equity ~0.7–2.7%) materially reduces solvency and refinancing risk, giving management time to execute strategic pivots. A durable low-debt profile preserves optionality to fund R&D or absorb losses without immediate refinancing pressure, aiding multi-month resilience.
Read all positive factors
Crunchfish AB (CFISH) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr240.31M
Dividend YieldN/A
Average Volume (3M)269.44K
Price to Earnings (P/E)―
Beta (1Y)0.45
Revenue Growth-57.18%
EPS Growth72.75%
CountrySE
Employees20
SectorGeneral
Sector StrengthN/A
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.06
Shares Outstanding82,865,005
10 Day Avg. Volume153,848
30 Day Avg. Volume269,442
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)3.07
Price to Sales (P/S)214.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.11
Revenue Forecast (FY)kr20.83M
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 inte...
How the Company Makes Money
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Crunchfish AB Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
68
Positive
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 709.25K | 2.93M | 987.83K | 6.19M | 3.96M |
| Gross Profit | -22.61M | -7.61M | -7.61M | -1.99M | -5.30M |
| EBITDA | -20.82M | -20.85M | -48.84M | -23.79M | -36.48M |
| Net Income | -20.23M | -26.53M | -49.30M | -25.90M | -40.90M |
Balance Sheet | |||||
| Total Assets | 55.81M | 54.97M | 61.52M | 66.49M | 64.19M |
| Cash, Cash Equivalents and Short-Term Investments | 11.66M | 17.28M | 30.73M | 29.29M | 32.76M |
| Total Debt | 754.50K | 957.49K | 1.42M | 383.49K | 560.58K |
| Total Liabilities | 6.28M | 7.80M | 9.25M | 7.72M | 8.35M |
| Stockholders Equity | 49.53M | 47.16M | 52.26M | 58.77M | 55.84M |
Cash Flow | |||||
| Free Cash Flow | 0.00 | -34.75M | -42.62M | -30.47M | -33.73M |
| Operating Cash Flow | -19.91M | -22.04M | -24.91M | -16.85M | -19.39M |
| Investing Cash Flow | -8.10M | -12.71M | -17.71M | -13.62M | -15.84M |
| Financing Cash Flow | 22.48M | 21.25M | 43.87M | 26.78M | 59.25M |
Crunchfish AB Technical Analysis
Positive
2.90
Price Trends
2.70
Positive
2.69
Positive
3.17
Negative
Market Momentum
0.02
Negative
55.12
Neutral
66.67
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 2.80, above the 50-day MA of 2.70, and below the 200-day MA of 3.17, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 55.12 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | kr196.83M | -160.32 | ― | 3.25% | -18.05% | -71.19% | |
58 Neutral | kr150.87M | 224.82 | ― | ― | ― | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
48 Neutral | kr84.83M | ― | ― | ― | ― | ― | |
44 Neutral | kr240.31M | -7.51 | ― | ― | -57.18% | 72.75% | |
42 Neutral | kr132.40M | -2.94 | -128.85% | ― | ― | 24.94% | |
42 Neutral | kr214.12M | -5.44 | ― | ― | -69.94% | -7367.66% |
* General Sector Average
SE:CFISH
Crunchfish AB
2.90
2.10
262.50%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.