Cint Group AB (CINT) AI Stock Analysis

• Market Cap: kr1.18B
• Dividend Yield: N/A
• Average Volume (3M): 596.38K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: -21.66%
• EPS Growth: N/A
• Country: SE
• Employees: 711
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -5.35
• Shares Outstanding: 354,976,380
• 10 Day Avg. Volume: 982,579
• 30 Day Avg. Volume: 596,383
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 0.61
• P/FCF Ratio: 2.13
• 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): 0.07
• Revenue Forecast (FY): kr153.79M

• Rating: 52 Neutral
• Price Target: kr3.50 ▲(21.95% Upside)
• Action: Reiterated Date: 02/22/26
• Date: Action: Reiterated 02/22/26

The score is held back primarily by weak and volatile profitability, including negative EBIT and a very large 2025 net loss. This is partially offset by improved 2025 operating and free cash flow and a balance sheet that appears to be deleveraging. Technically, near-term momentum is improving, but the stock remains below longer-term moving averages, and valuation is constrained by losses and the absence of a stated dividend yield.

Positive Factors

Scalable marketplace model

Cint's global sample marketplace and programmatic sampling create scale and network effects: more buyers attract more panel providers and vice versa. Transaction-based fees and platform integrations support recurring revenue and higher operating leverage over time, strengthening long-term monetization.

Improving cash generation

A material improvement to operating and free cash flow in 2025 enhances financial flexibility, funding for product development or M&A, and reduces reliance on external financing. Sustained positive FCF would support deleveraging and investments that strengthen the core platform.

Deleveraging balance sheet

Meaningful debt reduction and manageable leverage lower solvency risk and interest burden, giving management more optionality to invest in growth or weather cyclical weakness. A cleaner balance sheet supports long-term strategic moves and reduces refinancing risk.

Negative Factors

Revenue contraction

Declining revenue undermines the network and marketplace dynamics that drive scale. Persistent top-line shrinkage reduces operating leverage and constrains reinvestment capacity, making it harder to stabilize margins and finance product or geographic expansion over the medium term.

Weak, volatile profitability

Negative EBIT and a very large 2025 net loss point to structural margin pressure and earnings-quality issues (including non-operating charges). Persistent profitability weakness limits retained earnings, hampers return on equity, and raises the likelihood of future impairments or cost restructuring.

Inconsistent cash flow history

Historic volatility in operating and free cash flow reduces predictability for capital allocation. Even with 2025 improvement, inconsistent cash generation heightens the risk that the company may need external financing or cutbacks during downturns, limiting durable strategic execution.

Cint Group AB Business Overview & Revenue Model

Company Description

Cint Group AB (publ) provides software solutions for digital insights gathering. Its platform automates the insights gathering process and enables companies gain access to insights for digital survey-based research. The company's platform solutions include Access by Cint, a solution to reach survey panelists worldwide and assess the costs and feasibility of clients' projects; Access Pro by Cint, a solution to combine open, private, and proprietary panel exchanges to achieve sample configurations; Access Enterprise by Cint, a solution to run research and sample management operation, and scale and manage multiple online panel sources; and Track by Cint, a solution to continuously measure and monitor the health of clients' brands. Its platform solutions also include Connect by Cint, a solution that connects digital interactions with real-time surveying to explore audience segments to enhance advertising effectiveness; Buyer API, an automated solution for data collection and fieldwork process; Supplier API, a solution to connect audiences to survey opportunities from the customer base worldwide; and Engage by Cint, an online panel community solution. The company provides solutions in the areas of sample and project management, advertising effectiveness management, audience management and monetization, and enterprise transformation. It serves insight-driven companies worldwide. The company was founded in 1998 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

Cint generates revenue primarily through its subscription-based model, where clients pay for access to its data collection platform and services. The company offers various pricing tiers based on usage, allowing businesses to customize their data needs. Key revenue streams include fees for survey distribution, data access, and analytics services. Additionally, Cint has established strategic partnerships with market research firms and agencies, which enhance its service offerings and expand its client base. These partnerships contribute significantly to its earnings by driving more projects through its platform and increasing overall usage of its services.

Cint Group AB Financial Statement Overview

Summary

Income statement performance is weak and volatile, with revenue down in 2025 vs 2024, negative EBIT in recent years, and a very large net loss in 2025. Offsetting this, the balance sheet appears to be deleveraging with manageable leverage, and cash flow improved materially in 2025 with solid positive free cash flow—though historical cash flow consistency remains a risk.

Income Statement

Results are weak and volatile. Revenue fell in 2025 (annual) versus 2024, and profitability remains pressured with negative EBIT in recent years (including 2024–2025). While EBITDA stayed positive in 2024–2025, net income swung to a very large loss in 2025, highlighting material non-operating costs or impairments and limiting earnings quality. The historical record also shows sharp margin instability (e.g., extreme shifts around 2022–2023), which raises predictability risk.

Balance Sheet

Leverage looks manageable with debt declining meaningfully in 2025 versus 2024, and equity still positive. Debt relative to equity was moderate in 2024, and the balance sheet appears to be deleveraging. The key weakness is profitability-driven: returns on equity have been negative in prior periods, and the large 2025 net loss suggests potential pressure on equity value if losses persist.

Cash Flow

Cash generation improved materially. Operating cash flow rose strongly in 2025 versus 2024, and free cash flow turned solidly positive in 2025 after being negative in 2024 and 2022–2023. This supports liquidity and financial flexibility. The main concern is consistency—cash flows have been choppy historically (including negative free cash flow and even negative operating cash flow in 2021), so sustainability of the 2025 improvement remains a watch item.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	153.26M	166.19M	3.06B	295.19M	138.93M
Gross Profit	57.80M	144.47M	98.32M	183.31M	71.16M
EBITDA	33.29M	32.67M	-397.35M	27.64M	84.19M
Net Income	-180.56M	-11.86M	-448.21M	-352.91M	-3.22M
Balance Sheet
Total Assets	366.09M	643.56M	625.93M	1.16B	1.45B
Cash, Cash Equivalents and Short-Term Investments	62.72M	26.41M	38.86M	62.61M	77.67M
Total Debt	56.24M	110.11M	111.14M	119.01M	114.17M
Total Liabilities	153.10M	272.85M	259.96M	305.49M	303.77M
Stockholders Equity	212.99M	370.71M	4.07B	850.01M	1.15B
Cash Flow
Free Cash Flow	44.06M	-3.35M	-17.19M	-11.35M	-47.72M
Operating Cash Flow	44.08M	15.28M	1.78M	6.71M	-37.92M
Investing Cash Flow	-10.37M	-18.39M	-247.73M	-18.07M	-482.94M
Financing Cash Flow	5.45M	-9.78M	-2.65M	-2.05M	594.99M

Cint Group AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.87
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CINT, the sentiment is Positive. The current price of 2.87 is above the 20-day moving average (MA) of 2.79, above the 50-day MA of 2.80, and below the 200-day MA of 5.36, indicating a neutral trend. The MACD of 0.15 indicates Negative momentum. The RSI at 65.95 is Neutral, neither overbought nor oversold. The STOCH value of 80.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:CINT.

Cint Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UPSALE	68 Neutral	kr405.80M	18.07	―	4.69%	―	―
CDMIL	62 Neutral	kr198.88M	-4,838.71	―	3.25%	-18.05%	-71.19%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
LIME	60 Neutral	kr2.39B	21.44	32.28%	1.41%	11.23%	16.24%
FPIP	55 Neutral	kr1.31B	2.64	―	1.92%	-8.38%	-38.17%
CINT	52 Neutral	kr1.18B	-0.62	1.00%	―	-21.66%	―
SEYE	44 Neutral	kr2.24B	-13.51	―	―	10.25%	-698.93%

Cint Group AB Corporate Events

Cint stabilizes after consolidation low point but books major Lucid impairment

Cint Group AB reported weaker 2025 results as net sales fell 9.5 percent to EUR 150.4 million, but it preserved high gross margins and improved adjusted earnings while generating strong operating cash flow of EUR 43.3 million. A large non-cash impairment of EUR 193.2 million related to the Lucid acquisition pushed full-year EBIT deep into negative territory, leading the board to propose no dividend and leaving earnings per share in loss despite positive results excluding impairment.

Operationally, the fourth quarter showed stabilization after a difficult third quarter, with Cint Exchange volumes improving, Media Measurement rebounding, and working capital measures helping the company move into a net cash position for the first time since acquiring Lucid. Management is now shifting focus from platform consolidation to innovation, including new APIs, expanded social and cookieless measurement capabilities, and the creation of a dedicated Data unit, alongside CFO transition, as it targets a return to growth in 2026 under its Cint 2.0 strategy.

The most recent analyst rating on (SE:CINT) stock is a Hold with a SEK2.50 price target. To see the full list of analyst forecasts on Cint Group AB stock, see the SE:CINT Stock Forecast page.

Cint Group Names Jeremy Fletcher Interim CFO Amid Ongoing Leadership Transition

Cint Group AB, a Nasdaq Stockholm-listed research and measurement technology firm with over 700 employees and offices across Europe, the U.S., Asia, and Australia, operates a global exchange that links survey demand with respondents and provides tools for media performance measurement. The company’s platforms help panel providers, mobile apps, loyalty programs, and online communities monetize their audiences by connecting them to survey opportunities, enabling data-driven strategies and credible research for a broad set of clients.

The company has appointed seasoned finance executive Jeremy Fletcher as interim CFO, following the previously announced transition of outgoing CFO Niels Boon, and he will join the Global Leadership Team. Cint plans a phased handover to safeguard continuity in its financial operations while it continues recruiting a permanent CFO, aiming to maintain stability and focus during a key leadership transition period.

The most recent analyst rating on (SE:CINT) stock is a Hold with a SEK2.50 price target. To see the full list of analyst forecasts on Cint Group AB stock, see the SE:CINT Stock Forecast page.

Cint Group Sets Date for 2025 Year-End Report and Investor Webcast

Cint Group AB has announced that it will publish its year-end report for 2025 on 19 February, with a webcast conference call scheduled the same day at 10:00 a.m. CET. The results will be presented in English by CEO Patrick Comer and CFO Niels Boon, followed by a Q&A session, with presentation materials and a recording to be made available on the company’s investor website, underscoring Cint’s ongoing efforts to maintain transparency and engagement with its stakeholders.

The most recent analyst rating on (SE:CINT) stock is a Hold with a SEK2.50 price target. To see the full list of analyst forecasts on Cint Group AB stock, see the SE:CINT Stock Forecast page.

Cint Group AB CFO Transition Announcement

Cint Group AB announced the departure of CFO Niels Boon, who will remain for six months to ensure a smooth transition. Boon has been credited with strengthening the company’s financial foundation by reshaping the cost structure, modernizing financial operations, and securing a fortified balance sheet. The company’s operations and priorities remain unchanged, and the transition is not expected to impact day-to-day business.

The most recent analyst rating on (SE:CINT) stock is a Hold with a SEK3.00 price target. To see the full list of analyst forecasts on Cint Group AB stock, see the SE:CINT Stock Forecast page.