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GomSpace Group AB (SE:GOMX)
:GOMX
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GomSpace Group AB (GOMX) AI Stock Analysis

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SE:GOMX

GomSpace Group AB

(GOMX)

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Neutral 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
kr12.50
▲(0.97% Upside)
Action:Reiterated
Date:06/30/26
The score is primarily held back by weak cash conversion (negative operating and free cash flow in 2025) and continued net losses, despite strong revenue/margin rebound and a much improved leverage profile. Technical and valuation inputs are limited by missing indicator data and a negative P/E.
Positive Factors
Revenue growth momentum
A ~29% revenue increase in 2025 indicates expanding commercial traction and stronger contract delivery. Sustained top-line growth across projects improves leverage on fixed costs, supports scale for engineering capacity, and materially strengthens near-term revenue visibility over the next several months.
Negative Factors
Weak operating and free cash flow
Negative operating and free cash flow point to poor cash conversion from revenue and/or elevated investment and working-capital needs. Persistent cash outflows increase dependence on external funding or equity, raising execution and program-delivery risk over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth momentum
A ~29% revenue increase in 2025 indicates expanding commercial traction and stronger contract delivery. Sustained top-line growth across projects improves leverage on fixed costs, supports scale for engineering capacity, and materially strengthens near-term revenue visibility over the next several months.
Read all positive factors

GomSpace Group AB (GOMX) vs. iShares MSCI Sweden ETF (EWD)

GomSpace Group AB Business Overview & Revenue Model

Company Description
GomSpace Group AB (publ), through its various subsidiaries, specializes in the creation, development, integration, and production of miniature satellites, catering to academic institutions, governmental bodies, and private enterprises. Their compr...
How the Company Makes Money
GomSpace primarily makes money by selling space hardware and mission solutions to customers building or operating small satellites. Key revenue streams include (1) sales of satellite subsystems and components (e.g., power systems, onboard computin...

GomSpace Group AB Financial Statement Overview

Summary
Operating performance improved in 2025 (revenue up ~29% YoY, gross margin ~34%, EBITDA margin ~15%) and the balance sheet de-levered meaningfully (debt-to-equity ~0.63x vs ~4.4x in 2024). Offsetting this, the company still posted a net loss (net margin ~-6%) and cash flow deteriorated sharply with negative operating and deeply negative free cash flow in 2025, increasing funding/execution risk.
Income Statement
58
Neutral
Balance Sheet
62
Positive
Cash Flow
35
Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue441.80M257.05M237.84M198.38M213.60M
Gross Profit151.67M75.82M18.62M-51.12M49.02M
EBITDA40.86M-25.18M-27.02M-156.49M3.56M
Net Income-26.05M-86.92M-92.60M-227.82M-27.33M
Balance Sheet
Total Assets669.69M326.70M302.21M334.17M395.80M
Cash, Cash Equivalents and Short-Term Investments213.49M82.50M61.08M33.10M99.27M
Total Debt129.03M101.84M90.73M108.91M46.67M
Total Liabilities455.18M303.49M192.42M229.37M170.91M
Stockholders Equity214.51M23.21M109.78M104.80M224.89M
Cash Flow
Free Cash Flow-97.45M38.13M-55.50M-209.32M-24.28M
Operating Cash Flow-46.96M38.29M-47.91M-159.07M3.20M
Investing Cash Flow-47.86M-15.03M-7.47M-44.82M-25.81M
Financing Cash Flow229.46M-8.22M84.85M132.85M-16.93M

GomSpace Group AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price12.38
Price Trends
50DMA
15.99
Negative
100DMA
16.81
Negative
200DMA
17.48
Negative
Market Momentum
MACD
-1.06
Positive
RSI
25.29
Positive
STOCH
8.17
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:GOMX, the sentiment is Negative. The current price of 12.38 is below the 20-day moving average (MA) of 13.34, below the 50-day MA of 15.99, and below the 200-day MA of 17.48, indicating a bearish trend. The MACD of -1.06 indicates Positive momentum. The RSI at 25.29 is Positive, neither overbought nor oversold. The STOCH value of 8.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:GOMX.

GomSpace Group AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
kr322.48B45.3315.85%0.37%26.03%35.89%
69
Neutral
kr247.66M14.4830.46%1.22%23.13%15.71%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
62
Neutral
kr10.20B38.0017.14%0.34%91.38%
62
Neutral
kr1.58B43.082.75%-0.29%-33.33%
59
Neutral
kr813.68M-14.40-7.29%-18.69%-252.61%
50
Neutral
kr2.13B-40.53-24.76%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:GOMX
GomSpace Group AB
12.29
-0.79
-6.04%
SE:SAAB.B
Saab AB
597.90
73.48
14.01%
SE:AAC
AAC Clyde Space
113.60
12.20
12.03%
SE:AVT.B
AVTECH Sweden AB
4.39
-7.76
-63.89%
SE:MILDEF
MilDef Group AB
216.60
46.89
27.63%
SE:CTT
CTT Systems AB
125.80
-93.73
-42.70%
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.Date of analysis: Jun 30, 2026