FlexQube AB (SE:FLEXQ)
:FLEXQ
Top Page
FlexQube AB
(FLEXQ)
Select Model
Select Model
Rating:50Neutral
Price Target:
kr20.50
▲(99.03% Upside)
Action:ReiteratedDate:03/11/26
The score is held down primarily by weak financial performance (deep losses, a 2025 gross loss, and ongoing cash burn) and a valuation profile that reflects loss-making results (negative P/E). Strong technical momentum and trading well above key moving averages partially offsets these risks, but the indicators are extremely overextended (very high RSI/Stoch), tempering the technical contribution.
Positive Factors
Modular product & aftermarket revenue
FlexQube’s core business sells configurable modular carts and related accessories, creating natural follow‑on sales for add‑ons, replacements and reconfigurations. That product modularity supports recurring aftermarket demand and longer customer lifecycles, underpinning durable revenue streams.
Negative Factors
Persistent losses and 2025 gross loss
The income statement shows multi‑year net and EBIT losses with a swing to a gross loss in 2025, signaling structural pricing, mix, or cost issues. Negative gross margins erode the basic economics of the product business, making sustainable profitability harder without material operational or pricing changes.
Read all positive and negative factors
Positive Factors
Negative Factors
Modular product & aftermarket revenue
FlexQube’s core business sells configurable modular carts and related accessories, creating natural follow‑on sales for add‑ons, replacements and reconfigurations. That product modularity supports recurring aftermarket demand and longer customer lifecycles, underpinning durable revenue streams.
Read all positive factors
FlexQube AB (FLEXQ) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr285.51M
Dividend YieldN/A
Average Volume (3M)30.87K
Price to Earnings (P/E)―
Beta (1Y)-0.08
Revenue Growth-4.14%
EPS Growth23.99%
CountrySE
Employees42
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)-0.20
Shares Outstanding13,404,152
10 Day Avg. Volume13,752
30 Day Avg. Volume30,868
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)3.37
Price to Sales (P/S)1.67
P/FCF Ratio-5.04
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)kr348.60M
FlexQube AB Business Overview & Revenue Model
Company Description
FlexQube AB (publ) designs, develops, manufactures, and markets flexible and robust industrial carts for material handling in Europe and North America. The company offers carts, such as eQart, a smart and motorized cart, pallet and container, shel...
How the Company Makes Money
FlexQube makes money primarily by selling its modular intralogistics products to industrial customers. Revenue is generated from (1) product sales of configurable carts/trolleys and related material-handling solutions, typically delivered as custo...
FlexQube AB Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
46
Neutral
Cash Flow
21
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 105.22M | 131.42M | 115.75M | 204.59M | 112.63M |
| Gross Profit | -28.74M | 64.37M | 60.57M | 107.95M | 53.04M |
| EBITDA | -21.06M | -23.61M | -55.03M | -4.15M | -19.93M |
| Net Income | -32.03M | -36.36M | -60.62M | -7.07M | -22.56M |
Balance Sheet | |||||
| Total Assets | 150.35M | 141.00M | 171.42M | 153.70M | 130.00M |
| Cash, Cash Equivalents and Short-Term Investments | 35.51M | 35.49M | 48.55M | 30.45M | 34.92M |
| Total Debt | 44.80M | 46.13M | 43.06M | 28.66M | 13.40M |
| Total Liabilities | 98.31M | 90.08M | 88.06M | 84.37M | 57.89M |
| Stockholders Equity | 52.04M | 50.92M | 83.36M | 69.33M | 72.12M |
Cash Flow | |||||
| Free Cash Flow | -34.77M | -15.72M | -71.76M | -30.05M | -32.16M |
| Operating Cash Flow | -22.94M | -11.15M | -57.33M | -21.96M | -29.32M |
| Investing Cash Flow | -13.32M | -4.57M | -14.43M | -8.09M | -2.83M |
| Financing Cash Flow | 36.81M | 1.43M | 91.54M | 24.45M | 53.68M |
FlexQube AB Technical Analysis
Positive
10.30
Price Trends
14.73
Positive
12.61
Positive
11.46
Positive
Market Momentum
1.38
Positive
59.55
Neutral
50.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:FLEXQ, the sentiment is Positive. The current price of 10.3 is below the 20-day moving average (MA) of 19.86, below the 50-day MA of 14.73, and below the 200-day MA of 11.46, indicating a bullish trend. The MACD of 1.38 indicates Positive momentum. The RSI at 59.55 is Neutral, neither overbought nor oversold. The STOCH value of 50.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:FLEXQ.
FlexQube AB Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
52 Neutral | kr96.41M | -195.09 | 1.33% | ― | 2.20% | 50.91% | |
50 Neutral | kr285.51M | -5.47 | ― | ― | -4.14% | 23.99% | |
45 Neutral | kr138.11M | -1.78 | ― | ― | 140.86% | 34.21% | |
44 Neutral | kr918.19M | -12.66 | -39.97% | ― | 11.85% | 6.39% | |
44 Neutral | kr128.89M | -2.70 | ― | ― | ― | ― |
* Industrials Sector Average
SE:FLEXQ
FlexQube AB
21.30
14.48
212.32%
SE:GGEO
Guideline Geo AB
8.94
-0.20
-2.19%
SE:SALT.B
SaltX Technology Holding AB Class B
3.98
-0.81
-16.82%
SE:IMPC
Impact Coatings AB
1.23
-2.07
-62.78%
SE:STW
SeaTwirl AB
30.95
25.07
426.36%
SE:OPTI
OptiCept Technologies AB
2.12
-1.79
-45.78%
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.