GomSpace Group AB (GOMX) AI Stock Analysis

• Market Cap: kr2.21B
• Dividend Yield: N/A
• Average Volume (3M): 1.44M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.04
• Revenue Growth: 9.60%
• EPS Growth: 40.86%
• Country: SE
• Employees: 176
• Sector: Industrials
• Sector Strength: 73
• Industry: Aerospace & Defense
• EPS (TTM): -0.25
• Shares Outstanding: 168,669,160
• 10 Day Avg. Volume: 1,602,161
• 30 Day Avg. Volume: 1,438,071
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: kr12.08
• Price Target Upside: -7.67% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: kr12.00 ▼(-8.26% Downside)

GomSpace Group AB's overall stock score is primarily influenced by its financial performance, which shows some positive revenue growth and cash flow improvements. However, significant challenges in profitability and high leverage present substantial risks. The technical analysis suggests a neutral trend, while valuation concerns due to negative earnings and lack of dividends further impact the score.

GomSpace Group AB Business Overview & Revenue Model

Company Description

GomSpace Group AB (publ), through its subsidiaries, designs, develops, integrates, and manufactures nanosatellites for the academic, government, and commercial markets. The company offers mission payloads in the areas of software defined radio, aircraft and ship tracking, ADS-B patch antenna, and optical earth observation; and power and communication systems, command and data handling products, attitude and orbit control systems, ground systems, and various ready to integrate structures. Its products are used in global tracking, Internet of things, communication, defense and security, remote sensing, and science mission applications. It operates in Denmark, Sweden, other European countries, the United States, Asia, and internationally. The company was formerly known as GS Sweden AB and changed its name to GomSpace Group AB (publ) in June 2017. GomSpace Group AB (publ) was founded in 2007 and is based in Uppsala, Sweden.

How the Company Makes Money

GomSpace Group AB generates revenue through the sale of its nano-satellite platforms and related services. Key revenue streams include the design and manufacture of satellite hardware, providing satellite mission consultancy, and offering operational support services. The company capitalizes on strategic partnerships with governmental and commercial entities to enhance its market reach and project capabilities. Additionally, GomSpace engages in research and development projects that are often co-funded by customers or governmental grants, further contributing to its income. These collaborations not only drive innovation but also create long-term business opportunities and revenue generation.

GomSpace Group AB Financial Statement Overview

Summary

GomSpace Group AB shows revenue growth and improved cash flows, but faces significant profitability and leverage challenges. Negative margins and high debt levels indicate financial instability and risk.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	257.05M	237.84M	198.38M	213.60M	194.58M
Gross Profit	75.82M	18.62M	-51.12M	49.02M	47.65M
EBITDA	-25.18M	-27.02M	-155.62M	3.56M	-15.93M
Net Income	-86.92M	-92.60M	-227.82M	-27.33M	-43.57M
Balance Sheet
Total Assets	326.70M	302.21M	334.17M	395.80M	403.05M
Cash, Cash Equivalents and Short-Term Investments	82.50M	61.08M	33.10M	83.52M	133.61M
Total Debt	101.84M	90.73M	108.91M	46.67M	61.52M
Total Liabilities	303.49M	192.42M	229.37M	170.91M	155.63M
Stockholders Equity	23.21M	109.78M	104.80M	224.89M	247.42M
Cash Flow
Free Cash Flow	38.13M	-55.50M	-209.32M	-24.28M	18.66M
Operating Cash Flow	38.29M	-47.91M	-159.07M	3.20M	43.44M
Investing Cash Flow	-15.03M	-7.47M	-44.82M	-25.81M	-16.66M
Financing Cash Flow	-8.22M	84.85M	132.85M	-16.93M	-10.01M

GomSpace Group AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 13.08
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

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 13.08 is above the 20-day moving average (MA) of 12.90, below the 50-day MA of 14.49, and above the 200-day MA of 9.19, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 48.99 is Neutral, neither overbought nor oversold. The STOCH value of 10.71 is Positive, 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
Sector *	64 Neutral	$10.84B	15.28	7.40%	1.99%	2.87%	-14.59%
GOMX	45 Neutral	kr2.21B	―	-128.43%	―	9.60%	40.86%
0GWL	―	kr284.85B	52.85	14.05%	―	―	―
ACCMF	―	$85.49M	―	-0.45%	―	―	―
8QL	―	€58.42M	45.67	32.79%	―	―	―
8QA	―	€795.69M	95.39	-19.55%	―	―	―
CTT	65 Neutral	kr2.92B	52.95		2.30%	-13.34%	-46.12%