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Clean Motion AB (SE:CLEMO)
:CLEMO
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Clean Motion AB
(CLEMO)
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Rating:43Neutral
Price Target:
kr0.11
▼(-5.83% Downside)
The score is driven primarily by weak financial performance (sharp revenue contraction, negative margins, and sustained cash burn). Technicals add further pressure with the price below all key moving averages and negative MACD. Valuation does not provide support due to negative earnings and no dividend yield.
Clean Motion AB (CLEMO) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr14.34M
Dividend YieldN/A
Average Volume (3M)476.12K
Price to Earnings (P/E)―
Beta (1Y)0.44
Revenue GrowthN/A
EPS GrowthN/A
CountrySE
Employees14
SectorConsumer Defensive
Sector Strength42
IndustryAuto - Manufacturers
Share Statistics
EPS (TTM)-0.02
Shares Outstanding126,017,240
10 Day Avg. Volume320,029
30 Day Avg. Volume476,122
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)0.70
Price to Sales (P/S)32.34
P/FCF Ratio-2.28
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)N/A
Revenue Forecast (FY)N/A
Clean Motion AB Business Overview & Revenue Model
Company DescriptionClean Motion AB (publ) develops and manufactures electric vehicles. It offers Zbee, a light electric three-wheeled vehicle for transportation and logistics needs. The company was founded in 2010 and is based in Lerum, Sweden.
How the Company Makes Money
Clean Motion AB Financial Statement Overview
Summary
Income statement and cash flow are very weak: ~79% revenue decline in 2024 vs 2023, negative gross margin, large operating/net losses, and multi-year negative operating/free cash flow with accelerating burn in 2024. The main offset is a comparatively resilient balance sheet with low leverage (debt-to-equity ~0.05–0.10), but sustained losses imply elevated execution and financing risk.Income Statement
The income statement shows a sharp deterioration in the most recent year: revenue fell ~79% (2024 vs. 2023), and profitability swung to deeply negative with a negative gross margin and very large operating and net losses. While 2023 delivered positive gross profit, the business has been loss-making in most years (2021–2024), indicating an unstable earnings profile and limited operating leverage at the current scale.18
Very Negative
Balance Sheet
The balance sheet looks comparatively resilient: leverage is low with debt-to-equity around ~0.05–0.10 across the period, and equity remains sizable relative to assets. That said, returns on equity are consistently negative in recent years (2021–2024), signaling that the capital base is not currently generating profits and could face pressure if losses persist.62
Positive
Cash Flow
Cash flow is a clear weak point: operating cash flow and free cash flow are negative from 2021 through 2024, with cash burn accelerating in 2024 versus 2023. The company generated positive cash flow in 2020, but the subsequent multi-year pattern points to ongoing funding needs and limited self-financing capacity under the current operating model.22
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.84M | 1.09M | 7.58M | 700.00K | 2.08M | 1.52M |
| Gross Profit | -4.54M | -5.69M | 8.59M | -1.04M | 1.39M | 379.54K |
| EBITDA | -16.97M | -16.23M | -2.90M | -8.67M | -3.68M | 7.57M |
| Net Income | -21.79M | -21.08M | -6.89M | -12.61M | -4.08M | 7.03M |
Balance Sheet | ||||||
| Total Assets | 61.31M | 59.83M | 49.14M | 53.83M | 51.44M | 37.49M |
| Cash, Cash Equivalents and Short-Term Investments | 5.10M | 3.18M | 871.00K | 13.71M | 12.37M | 639.84K |
| Total Debt | 1.99M | 3.00M | 3.00M | 3.33M | 4.48M | 5.55M |
| Total Liabilities | 16.39M | 9.95M | 8.63M | 6.62M | 6.49M | 9.71M |
| Stockholders Equity | 44.91M | 50.06M | 40.51M | 47.22M | 44.95M | 27.78M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -15.46M | -4.49M | -6.40M | -8.03M | 4.03M |
| Operating Cash Flow | 0.00 | -15.46M | -4.49M | -6.40M | -8.03M | 4.03M |
| Investing Cash Flow | 0.00 | -12.86M | -8.01M | -4.74M | -261.00K | 2.78M |
| Financing Cash Flow | 0.00 | 30.64M | 0.00 | 12.48M | 20.11M | -6.47M |
Clean Motion AB Peers Comparison
UnderperformOutperform
Sector (62)
SE:CLEMO
Clean Motion AB
0.12
-0.14
-53.13%
SE:GREAT
Greater Than AB
13.60
-20.50
-60.12%
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.