Doro AB (DORO) AI Stock Analysis

• Market Cap: kr974.26M
• Dividend Yield: N/A
• Average Volume (3M): 4.23K
• Price to Earnings (P/E): 14.7
• Beta (1Y): 0.27
• Revenue Growth: 6.04%
• EPS Growth: 32.55%
• Country: SE
• Employees: 119
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): 0.90
• Shares Outstanding: 24,532,500
• 10 Day Avg. Volume: 5,240
• 30 Day Avg. Volume: 4,229
• PEG Ratio: 0.06
• Price to Book (P/B): 1.47
• Price to Sales (P/S): 0.94
• P/FCF Ratio: 7.36
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: kr44.00 ▲(9.86% Upside)

Doro AB's overall score reflects a solid financial foundation and reasonable valuation, but technical indicators suggest potential bearish momentum. The lack of earnings call data and corporate events limits additional insights.

Positive Factors

Cash Flow Management

Strong cash flow management ensures Doro AB can efficiently fund operations and investments, supporting long-term growth and stability.

Profit Margins

Improving profit margins indicate effective cost management and operational efficiency, enhancing long-term profitability.

Low Leverage

Low leverage provides financial stability and flexibility, allowing Doro AB to navigate economic fluctuations and invest in growth opportunities.

Negative Factors

Revenue Growth

Declining revenue growth may hinder Doro AB's ability to expand market share and sustain long-term financial performance.

Stockholders' Equity

A decrease in stockholders' equity could indicate challenges in retaining earnings or managing capital, potentially impacting future growth.

Revenue Decline

A decline in revenue since 2020 suggests potential issues in market demand or competitive positioning, affecting long-term growth prospects.

Doro AB Business Overview & Revenue Model

Company Description

Doro AB (DORO) is a Swedish company that specializes in developing and providing user-friendly communication and care solutions for seniors. The company operates primarily in the telecommunications and healthcare sectors, offering a range of products including mobile phones, smartphones, and telecare services designed to enhance independence and improve quality of life for elderly users. Doro's core products are characterized by their accessibility features, simplicity, and reliability, catering specifically to the needs of older adults.

How the Company Makes Money

Doro AB generates revenue primarily through the sale of its mobile devices and telecare services. Key revenue streams include the direct sale of senior-friendly mobile phones and smartphones, which are often equipped with specialized features such as larger buttons and simplified interfaces. Additionally, Doro earns revenue from its telecare services, which provide monitoring and emergency response solutions for seniors. The company also engages in partnerships with telecommunications operators and healthcare providers, allowing it to reach a broader customer base and enhance its service offerings. These partnerships often involve co-branded products and integrated solutions that help drive sales and increase market penetration.

Doro AB Financial Statement Overview

Summary

Doro AB shows a solid financial position with positive revenue growth and a strong balance sheet. However, challenges in maintaining profitability margins and cash flow generation could impact future stability.

Income Statement

Doro AB has shown a positive revenue growth rate of 3.21% in the TTM period, indicating a recovery from previous declines. The gross profit margin has improved to 48.92%, reflecting efficient cost management. However, the net profit margin has decreased to 7.38% from 9.76% in the previous year, suggesting increased expenses or other financial pressures. The EBIT and EBITDA margins have slightly decreased, indicating a need for improved operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has significantly improved to 0.03, indicating strong financial stability and reduced leverage. Return on equity has decreased to 12.73% from 15.33% in the previous year, suggesting a slight decline in profitability. The equity ratio remains strong, reflecting a solid capital structure.

Cash Flow

Doro AB's cash flow performance has been mixed, with a significant decline in free cash flow growth rate to -130.44% in the TTM period, indicating potential cash management issues. The operating cash flow to net income ratio has decreased, suggesting challenges in converting profits into cash. However, the free cash flow to net income ratio remains positive, indicating some level of cash generation capability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	963.50M	882.30M	973.60M	909.50M	1.04B	1.69B
Gross Profit	474.70M	405.30M	390.00M	317.60M	379.30M	570.00M
EBITDA	117.60M	121.80M	103.20M	100.40M	184.10M	90.00M
Net Income	66.60M	86.10M	32.40M	40.90M	83.00M	49.10M
Balance Sheet
Total Assets	1.00B	946.10M	869.10M	903.80M	990.90M	1.58B
Cash, Cash Equivalents and Short-Term Investments	188.70M	260.50M	194.30M	154.40M	179.10M	170.60M
Total Debt	19.70M	13.60M	14.20M	90.80M	168.40M	157.60M
Total Liabilities	432.70M	384.40M	360.20M	428.80M	568.00M	776.80M
Stockholders Equity	569.40M	561.70M	508.90M	475.00M	422.90M	804.50M
Cash Flow
Free Cash Flow	-11.90M	112.30M	121.60M	35.10M	-49.20M	180.40M
Operating Cash Flow	19.10M	147.40M	147.70M	73.10M	21.60M	243.90M
Investing Cash Flow	-31.00M	-35.10M	-26.10M	-38.00M	-91.20M	-101.70M
Financing Cash Flow	-7.30M	-55.00M	-82.40M	-82.40M	65.50M	-155.30M

Doro AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 40.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:DORO, the sentiment is Negative. The current price of 40.05 is below the 20-day moving average (MA) of 40.09, below the 50-day MA of 41.75, and above the 200-day MA of 39.32, indicating a neutral trend. The MACD of -0.52 indicates Negative momentum. The RSI at 46.02 is Neutral, neither overbought nor oversold. The STOCH value of 32.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:DORO.

Doro AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HTRO	67 Neutral	€4.62B	35.84	3.38%	―	0.01%	-71.63%
DORO	64 Neutral	kr974.26M	14.66	12.13%	―	6.04%	32.55%
EPEN	62 Neutral	kr3.50B	24.13	9.68%	1.15%	-1.85%	-16.44%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
MAVEN	55 Neutral	kr297.19M	-43.64	-5.81%	―	-9.79%	-144.24%
INCOAX	49 Neutral	kr65.50M	-1.98	-24.59%	―	-48.24%	-48.99%
HDW.B	37 Underperform	―	―	-317.77%	―	-14.71%	93.93%

Doro AB Corporate Events

Doro AB to Delist from Nasdaq Stockholm Following Ownership Change

Doro AB has received approval from Nasdaq Stockholm to delist its shares, with the last trading day set for December 17, 2025. This decision follows Xplora Technologies AS acquiring over 90% of Doro’s shares, indicating a significant shift in ownership and potential strategic changes for the company.

Doro AB Sees Sales Growth Amid Network Transition and Product Expansion

Doro AB reported a 13.8% increase in net sales for Q3 2025, driven by the demand for its 4G feature phones, particularly in the UK, following the shutdown of 2G and 3G networks. Despite a challenging smartphone market, the company’s Aurora series contributed to sales growth, and Doro is enhancing its network subscription offerings and customer service to improve user experience and security, aiming for recurring revenue through new business propositions.

Doro AB Announces New Board Appointments at Extraordinary General Meeting

Doro AB held an Extraordinary General Meeting on October 31, 2025, in Stockholm, where significant board changes were made. Tine Wollebekk and Kristin Hellebust were elected as new board members, and Finn Olav Elde was appointed as chairman. The meeting also set board remuneration for the upcoming period, reflecting Doro’s ongoing commitment to strategic leadership and governance.

Doro AB Announces Extraordinary General Meeting for Board Changes

Doro AB has announced an Extraordinary General Meeting to be held on October 31, 2025, in Stockholm. The meeting, requested by the largest shareholder Xplora Technologies AS, will address the election of new board members and the determination of board remuneration. Xplora Technologies proposes the election of Tine Wollebekk and Kristin Hellebust as new board members, with Finn Olav Elde as chairman, reflecting a significant shift in the company’s leadership structure.