Freja eID Group AB (FREJA) AI Stock Analysis

• Market Cap: kr270.26M
• Dividend Yield: N/A
• Average Volume (3M): 39.26K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.88
• Revenue Growth: 23.24%
• EPS Growth: 55.65%
• Country: SE
• Employees: 27
• Sector: Technology
• Sector Strength: 87
• Industry: Software - Infrastructure
• EPS (TTM): -0.19
• Shares Outstanding: 22,710,735
• 10 Day Avg. Volume: 38,284
• 30 Day Avg. Volume: 39,255
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• 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: kr11.50
• Price Target Upside: -3.36% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: kr11.50 ▼(-3.36% Downside)

Freja eID Group AB's overall stock score is primarily impacted by its financial performance, which shows revenue growth but significant profitability challenges and financial instability. Technical analysis indicates weak momentum, and valuation metrics are unfavorable due to ongoing losses.

Freja eID Group AB Business Overview & Revenue Model

Company Description

Freja eID Group AB (FREJA) is a technology company specializing in digital identity solutions. Based in Sweden, the company provides secure and user-friendly electronic identification services to individuals, businesses, and government entities. Its core product, Freja eID, is a mobile application that enables users to authenticate their identity online, sign documents digitally, and verify their identity in various digital interactions.

How the Company Makes Money

Freja eID Group AB generates revenue through a combination of subscription fees, transaction fees, and service agreements. The company charges businesses and organizations for integrating Freja eID into their systems, allowing them to offer secure digital authentication services to their customers. Additionally, Freja eID Group leverages partnerships with financial institutions, governmental bodies, and other enterprises to expand its user base and drive adoption of its digital identity platform. These partnerships often involve shared revenue models or licensing agreements, contributing significantly to the company's earnings.

Freja eID Group AB Financial Statement Overview

Summary

Freja eID Group AB shows revenue growth but struggles with profitability, marked by negative margins in gross profit, EBIT, and net income. The balance sheet is under pressure with negative stockholders' equity and high leverage, indicating financial instability. Cash flow from operations has improved, but free cash flow remains negative due to high capital expenditures.

Income Statement

Freja eID Group AB has shown consistent revenue growth over recent periods, with a notable revenue increase from TTM compared to the previous year. However, the company is struggling with profitability, indicated by negative margins across gross profit, EBIT, and net income. The EBIT and net profit margins are particularly concerning, reflecting operational challenges and cost control issues.

Balance Sheet

The company's balance sheet reveals a negative stockholders' equity, indicating financial distress and high leverage with a significant debt-to-equity ratio. Despite the increase in total assets, the liabilities have surpassed assets, resulting in negative equity. This could pose risks to financial stability and long-term solvency.

Cash Flow

Freja eID Group's cash flow situation shows some positive signs, with an improvement in operating cash flow. However, free cash flow remains negative, impacted by substantial capital expenditures. The operating cash flow to net income ratio is high due to negative net income, indicating reliance on non-operating activities for liquidity.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	43.91M	36.29M	29.42M	20.64M	21.90M
Gross Profit	10.64M	620.00K	36.56M	25.22M	24.91M
EBITDA	-4.35M	-25.52M	-33.74M	-42.68M	-29.53M
Net Income	-23.37M	-31.96M	-38.76M	-52.33M	-45.06M
Balance Sheet
Total Assets	60.79M	62.42M	59.85M	93.78M	85.09M
Cash, Cash Equivalents and Short-Term Investments	8.43M	5.44M	6.22M	28.30M	23.32M
Total Debt	33.83M	19.50M	17.18M	13.59M	5.82M
Total Liabilities	63.52M	48.62M	38.50M	34.54M	39.63M
Stockholders Equity	-2.73M	13.80M	21.35M	59.24M	45.46M
Cash Flow
Free Cash Flow	-9.50M	-22.90M	-37.38M	-51.13M	-40.38M
Operating Cash Flow	1.95M	-8.38M	-25.41M	-41.67M	-28.14M
Investing Cash Flow	-11.45M	-14.00M	2.15M	-9.70M	19.52M
Financing Cash Flow	12.37M	21.57M	938.00K	56.28M	21.72M

Freja eID Group AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 11.90
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:FREJA, the sentiment is Negative. The current price of 11.9 is below the 20-day moving average (MA) of 12.87, below the 50-day MA of 12.51, and above the 200-day MA of 10.94, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 36.15 is Neutral, neither overbought nor oversold. The STOCH value of 7.39 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:FREJA.

Freja eID Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	54 Neutral	$297.86M	3.07	-5.40%	2.71%	5.76%	-75.96%
FREJA	46 Neutral	kr270.26M	―		―	23.24%	55.65%
0G6X	―	kr1.51B	―		―	―	―
7CS	―	$6.36M	―		―	―	―
65R	―	€84.94M	39.55	22.25%	―	―	―