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ChargePanel AB (SE:CHARGE)
:CHARGE
Sweden Market
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ChargePanel AB (CHARGE) AI Stock Analysis

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SE:CHARGE

ChargePanel AB

(CHARGE)

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Neutral 48 (OpenAI - 5.2)
Rating:48Neutral
Price Target:
kr1.50
▼(-1.32% Downside)
Action:Reiterated
Date:07/29/26
The score is primarily constrained by weak financial performance—negative gross profit, heavy net losses, and sustained operating cash burn—despite improved solvency from zero debt and positive equity. Technicals are moderately supportive with the price above key moving averages, but valuation remains challenged due to negative earnings and no dividend data.
Positive Factors
Leverage reduction
Eliminating interest-bearing debt materially reduces solvency risk and interest burden, giving management more flexibility to allocate cash to operational fixes or strategic investments. A debt-free structure is a durable improvement that lengthens runway versus levered peers.
Negative Factors
Negative gross profit
A persistently negative gross profit implies the core offering loses money at the unit level, meaning top-line growth alone cannot produce sustainable profits. Structural pricing, sourcing, or cost issues must be remedied for long-term viability; otherwise growth increases losses.
Read all positive and negative factors
Positive Factors
Negative Factors
Leverage reduction
Eliminating interest-bearing debt materially reduces solvency risk and interest burden, giving management more flexibility to allocate cash to operational fixes or strategic investments. A debt-free structure is a durable improvement that lengthens runway versus levered peers.
Read all positive factors

ChargePanel AB (CHARGE) vs. iShares MSCI Sweden ETF (EWD)

ChargePanel AB Business Overview & Revenue Model

Company Description
ChargePanel AB (publ) provides a SaaS platform for the operation and management of electric vehicle charging networks. It offers ChargePanel Enterprise, ChargePanel Cloud, and ChargePanel Connect for Charge Point operators and e-mobility service p...
How the Company Makes Money
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ChargePanel AB Financial Statement Overview

Summary
Strong revenue growth is outweighed by a weak underlying business model: gross profit is negative in most recent years and net losses are very large relative to revenue (2025 net margin ~-101%). While the balance sheet has improved materially with debt reduced to zero and equity back to positive, operating cash flow remains deeply negative (2025: -9.24M), indicating continued cash burn and funding risk.
Income Statement
18
Very Negative
Balance Sheet
49
Neutral
Cash Flow
22
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue10.38M10.11M12.61M8.76M4.59M4.07M
Gross Profit-6.00M-1.43M-2.46M-8.55M-9.52M-2.08M
EBITDA-5.98M-9.68M-10.65M-14.96M-15.27M-4.02M
Net Income-6.38M-10.90M-11.90M-15.45M-15.30M-4.06M
Balance Sheet
Total Assets15.98M18.17M14.46M6.48M14.36M29.74M
Cash, Cash Equivalents and Short-Term Investments3.38M3.60M6.25M1.40M10.03M25.18M
Total Debt0.006.00M6.00M6.00M0.000.00
Total Liabilities10.37M11.00M8.82M10.42M2.53M2.86M
Stockholders Equity5.61M7.16M5.64M-3.94M11.83M26.88M
Cash Flow
Free Cash Flow-6.50M-11.74M-15.09M-8.30M-15.40M-5.91M
Operating Cash Flow-5.21M-9.24M-12.76M-8.30M-15.40M-5.91M
Investing Cash Flow-1.91M-2.51M-3.88M0.000.00300.00K
Financing Cash Flow6.42M9.10M21.48M-320.00K250.00K30.37M

ChargePanel AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
kr70.92M20.77-0.22%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
kr50.34M-3.3115.80%-80.23%
50
Neutral
kr201.91M-3.24-81.87%-180.83%
48
Neutral
kr68.84M-6.88
43
Neutral
kr25.29M-0.46-40.96%-813.82%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:CHARGE
ChargePanel AB
1.74
-0.41
-19.07%
DE:DH1
Divio Technologies AB Class B
0.01
0.00
0.00%
SE:FLOWS
Flowscape Technology AB
3.52
0.37
11.75%
SE:COMPDM
Compodium International AB
5.65
-0.30
-5.04%
SE:GREAT
Greater Than AB
10.25
0.25
2.50%
SE:MOBA
M.O.B.A. Network AB
1.05
-4.56
-81.34%
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.Date of analysis: Jul 29, 2026