GomSpace Group AB (GOMX) AI Stock Analysis

• Market Cap: €2.60B
• Dividend Yield: N/A
• Average Volume (3M): 814.20K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.10
• Revenue Growth: 9.60%
• EPS Growth: 40.86%
• Country: SE
• Employees: 176
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): N/A
• Shares Outstanding: 168,669,160
• 10 Day Avg. Volume: 471,169
• 30 Day Avg. Volume: 814,195
• PEG Ratio: 0.22
• Price to Book (P/B): 26.09
• Price to Sales (P/S): 2.36
• P/FCF Ratio: 15.89
• 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): 0.03
• Revenue Forecast (FY): €409.00M

• Rating: 48 Neutral
• Price Target: kr15.50 ▼(-3.13% Downside)

GomSpace Group AB's overall score is primarily influenced by its financial performance challenges, including negative profitability and high leverage. While there is some positive technical momentum, the valuation remains unattractive due to ongoing losses. The lack of earnings call data and corporate events limits further insights.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market reach and product adoption, which are crucial for long-term business sustainability.

Cash Flow Improvement

Positive operating cash flow enhances financial flexibility, allowing for reinvestment in growth opportunities and debt reduction.

Gross Profit Margin Improvement

Improved gross margins suggest better cost management and pricing power, which can lead to enhanced profitability over time.

Negative Factors

High Leverage

High leverage can strain financial stability, limiting the company's ability to invest in growth and increasing vulnerability to economic downturns.

Negative Net Profit Margin

Sustained negative net margins indicate ongoing profitability challenges, which can hinder long-term financial health and investor confidence.

Negative Free Cash Flow

Negative free cash flow suggests the company is not generating enough cash to cover its losses, impacting its ability to fund operations and growth.

GomSpace Group AB Business Overview & Revenue Model

Company Description

GomSpace Group AB (GOMX) is a leading provider of small satellite solutions, primarily focusing on the design, development, and manufacturing of nanosatellites and related technologies. The company operates within the aerospace and telecommunications sectors, offering innovative satellite platforms and services that cater to various applications, including Earth observation, communication, and scientific research. GomSpace's core products include satellite systems, payloads, and ground segment solutions, enabling customers to leverage satellite technology for diverse purposes.

How the Company Makes Money

GomSpace generates revenue through multiple streams, primarily from the sale of satellite systems and components, as well as through service contracts for satellite operations and data services. The company engages in contracts with governmental, commercial, and educational institutions, providing tailored satellite solutions to meet specific needs. Key revenue drivers include the delivery of nanosatellites, development of satellite subsystems, and ongoing support services. Additionally, GomSpace has established significant partnerships with other aerospace entities and universities, enhancing its market reach and capabilities, which further contributes to its financial performance.

GomSpace Group AB Financial Statement Overview

Summary

GomSpace Group AB is showing signs of revenue growth and improved cash flows, which are positive indicators. However, the company is still grappling with significant profitability and leverage challenges, reflected in its negative margins and high debt levels. These factors present potential risks and suggest the need for strategic measures to enhance profitability and financial stability.

Income Statement

GomSpace Group AB has shown some improvement in revenue growth, with a 8.1% increase from the previous year. However, the company is facing significant profitability challenges. The gross profit margin improved to 29.5% in 2024 from 7.8% in 2023, yet the net profit margin remains negative at -33.8%. The EBIT and EBITDA margins are also negative, indicating ongoing operational losses.

Balance Sheet

The company's balance sheet reflects high leverage with a debt-to-equity ratio of 4.39. The return on equity is negative due to ongoing losses, and the equity ratio has significantly decreased to 7.1%, indicating a weakened equity base. These factors suggest potential financial instability and risk.

Cash Flow

On the cash flow front, GomSpace Group AB has demonstrated improvement in operating cash flow, turning positive to SEK 38.3 million in 2024 from a negative position in 2023. However, the free cash flow to net income ratio is negative due to continued net losses, indicating that the company is still not generating sufficient free cash flow to cover its losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	341.98M	257.05M	237.84M	198.38M	213.60M	194.58M
Gross Profit	95.68M	75.82M	18.62M	-51.12M	49.02M	47.65M
EBITDA	11.42M	-25.18M	-27.02M	-156.49M	3.56M	-1.27M
Net Income	-102.57M	-86.92M	-92.60M	-227.82M	-27.33M	-43.57M
Balance Sheet
Total Assets	346.77M	326.70M	302.21M	334.17M	395.80M	403.05M
Cash, Cash Equivalents and Short-Term Investments	29.38M	82.50M	61.08M	33.10M	99.27M	133.61M
Total Debt	81.84M	101.84M	90.73M	108.91M	46.67M	61.52M
Total Liabilities	358.66M	303.49M	192.42M	229.37M	170.91M	155.63M
Stockholders Equity	-11.89M	23.21M	109.78M	104.80M	224.89M	247.42M
Cash Flow
Free Cash Flow	24.01M	38.13M	-55.50M	-209.32M	-24.28M	18.66M
Operating Cash Flow	24.07M	38.29M	-47.91M	-159.07M	3.20M	43.44M
Investing Cash Flow	-33.36M	-15.03M	-7.47M	-44.82M	-25.81M	-16.66M
Financing Cash Flow	-7.06M	-8.22M	84.85M	132.85M	-16.93M	-10.01M

GomSpace Group AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16.00
• 50DMA: Positive
• 100DMA: Positive
• 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:GOMX, the sentiment is Positive. The current price of 16 is above the 20-day moving average (MA) of 15.31, above the 50-day MA of 15.42, and above the 200-day MA of 12.41, indicating a bullish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 54.45 is Neutral, neither overbought nor oversold. The STOCH value of 67.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:GOMX.

GomSpace Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AVT.B	77 Outperform	€562.54M	32.71	35.19%	1.03%	34.25%	57.77%
SAAB.B	70 Outperform	kr280.95B	54.25	13.56%	0.41%	22.49%	30.47%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
CTT	61 Neutral	kr2.36B	41.25	―	2.88%	-3.14%	-35.70%
AAC	59 Neutral	kr573.33M	-23.52	-3.61%	―	30.82%	57.74%
GOMX	48 Neutral	€2.60B	―	―	―	9.60%	40.86%
MILDEF	42 Neutral	€7.31B	-33.22	-16.38%	0.38%	47.87%	-439.87%