DistIT AB (DIST) AI Stock Analysis

• Market Cap: kr200.24M
• Dividend Yield: N/A
• Average Volume (3M): 477.75K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.93
• Revenue Growth: -29.12%
• EPS Growth: 88.41%
• Country: SE
• Employees: 156
• Sector: Technology
• Sector Strength: 88
• Industry: Technology Distributors
• EPS (TTM): N/A
• Shares Outstanding: 935,680,850
• 10 Day Avg. Volume: 133,461
• 30 Day Avg. Volume: 477,749
• PEG Ratio: <0.01
• Price to Book (P/B): 0.32
• Price to Sales (P/S): 0.06
• P/FCF Ratio: 0.00
• 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: 48 Neutral
• Price Target: kr0.21 ▲(17.78% Upside)
• Action: Reiterated Date: 02/24/26
• Date: Action: Reiterated 02/24/26

The score is held down primarily by stressed financial performance: shrinking revenue, ongoing losses, and a 2025 break in cash generation with negative operating cash flow. Technicals offer some near-term stabilization (price above key shorter moving averages and mildly positive momentum), but the longer-term trend remains weak (below the 200-day). Valuation provides limited support because the company is loss-making (negative P/E) and no dividend yield is available.

Positive Factors

Value-added distribution & logistics

DistIT's core model as a value-added distributor with warehousing, delivery and fulfillment creates durable customer stickiness and recurring service revenue. Over months this supports stable volumes, cross-sell opportunities and margin uplift versus pure reseller models, anchoring relationships with partners.

Meaningful deleveraging

Reduction in debt materially lowers interest and refinancing stress, improving resilience over the medium term. Sustained lower leverage increases optionality for operational fixes or targeted investments and reduces solvency risk while management focuses on restoring profitability.

Prior ability to generate cash

Historical cash-generation through 2022–2024 indicates operational capabilities and working-capital management that can be redeployed. That prior track record implies management has levers to restore cash flow if revenue stabilizes, supporting mid-term recovery potential.

Negative Factors

Multi-year revenue contraction

Sustained top-line declines erode scale advantages in purchasing and logistics, weakening supplier terms and reducing fixed-cost coverage. Over 2–6 months this structural shrinkage limits margin recovery, reduces negotiation power with vendors, and makes restoring profitable volumes more difficult.

Profitability deterioration; negative gross profit

Negative gross profit signals product-level losses from pricing, cost inflation, or write-downs and undermines any margin recovery plan. This indicates structural issues in procurement or inventory mix that must be resolved before operating profitability can sustainably return.

Broken cash generation and eroded equity

Operating cash flow turning negative while equity falls materially constrains financial flexibility. Over months this raises refinancing and working-capital risk, limits ability to invest in corrective actions, and increases dependency on external funding or asset sales to stabilize operations.

DistIT AB Business Overview & Revenue Model

Company Description

DistIT AB (publ) sells accessories for IT, mobility, home electronics, network, and data communications in the Nordic and Baltic countries. The company supplies audio and video equipment, and IT products and consumer electronics, as well as provides added value services. It sells its products through a network of home electronics chains, discount stores, specialty retailers, grocery stores, telecoms, e-commerce, consultants, and office warehouse channels for business customers and consumers. The company was formerly known as Deltaco AB. DistIT AB (publ) was founded in 1991 and is based in Älvsjö, Sweden.

How the Company Makes Money

DistIT AB generates revenue through multiple streams, primarily by acting as a distributor for various IT and consumer electronics brands. The company earns money by purchasing products at wholesale prices and selling them to retailers and businesses at a markup. Key revenue streams include direct sales of hardware and software, value-added services such as logistics and technical support, and potential recurring revenue from service contracts. DistIT also benefits from strategic partnerships with major technology brands, enabling it to secure favorable pricing and exclusive distribution rights, which enhance its competitive edge and profitability.

DistIT AB Financial Statement Overview

Summary

Income statement is very weak with multi-year revenue contraction, recurring operating/net losses, and a 2025 deterioration where gross profit turned negative. Cash flow reliability also worsened as operating cash flow turned negative in 2025. Balance sheet deleveraging is a positive, but equity has declined, limiting financial flexibility.

Income Statement

Profitability has deteriorated materially. Revenue has been shrinking for several years, with a sharp decline in 2025 (annual revenue down ~27% after a ~24% drop in 2024). The company is loss-making across the period (negative operating profit and net income in 2023–2025), and 2025 shows an especially weak profile with gross profit turning negative—suggesting severe pricing/COGS pressure, write-downs, or one-offs. While losses in 2024–2025 are smaller than the very large 2023 loss, the overall trajectory remains unfavorable with no clear return to sustainable margins yet.

Balance Sheet

Leverage and balance-sheet capacity have weakened. Debt has come down meaningfully by 2025 versus 2023–2024, which is a positive, but equity has also trended lower from 2022 to 2025, reflecting ongoing losses. Prior-year leverage was elevated (debt running well above equity in 2023–2024), and returns on equity are deeply negative in 2023–2024, indicating shareholder value erosion. Overall, deleveraging helps, but the reduced equity base and continued losses keep financial flexibility constrained.

Cash Flow

Cash generation has become less reliable. Operating cash flow was positive in 2022–2024, but it turned negative in 2025, which is a key red flag given ongoing net losses and pressure on working capital. Free cash flow was positive in 2022 and 2024, slightly negative in 2023, and reported as zero in 2025 alongside a -100% growth rate—pointing to a sharp slowdown in cash available after investment needs. The main strength is that the company previously demonstrated an ability to generate cash even during weaker earnings years, but 2025 breaks that pattern.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	895.80M	1.61B	2.11B	2.56B	2.52B
Gross Profit	-166.30M	329.40M	375.62M	534.60M	557.94M
EBITDA	-69.50M	-65.60M	-348.21M	46.06M	101.05M
Net Income	-97.00M	-39.40M	-418.55M	-16.51M	43.46M
Balance Sheet
Total Assets	573.50M	961.70M	1.18B	1.68B	1.75B
Cash, Cash Equivalents and Short-Term Investments	70.00M	48.00M	30.20M	46.21M	35.64M
Total Debt	167.10M	324.50M	392.04M	408.77M	416.33M
Total Liabilities	399.20M	773.10M	951.84M	1.11B	1.15B
Stockholders Equity	174.30M	188.60M	230.76M	569.40M	598.52M
Cash Flow
Free Cash Flow	0.00	38.50M	-2.38M	27.68M	-115.50M
Operating Cash Flow	-85.10M	41.60M	55.91M	59.36M	-97.06M
Investing Cash Flow	55.70M	15.20M	-57.94M	-36.76M	-81.38M
Financing Cash Flow	52.50M	-40.90M	-11.77M	-16.57M	157.30M

DistIT AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:DIST, the sentiment is Positive. The current price of 0.18 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.19, and below the 200-day MA of 0.22, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.85 is Neutral, neither overbought nor oversold. The STOCH value of 61.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:DIST.

DistIT AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FIRE	76 Outperform	kr1.14B	24.05	―	2.85%	-3.93%	-7.54%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
KJELL	57 Neutral	kr744.58M	-1.45	-42.09%	―	-4.54%	-1024.16%
DIST	48 Neutral	kr200.24M	-0.07	―	―	-29.12%	88.41%
MOBA	46 Neutral	kr16.90M	-0.27	―	―	―	―
INCOAX	44 Neutral	kr65.63M	-1.99	-24.59%	―	-48.24%	-48.99%