Impact Coatings AB (SE:IMPC)
:IMPC
Want to see SE:IMPC full AI Analyst Report?
Top Page
Impact Coatings AB
(IMPC)
Select Model
Select Model
Rating:48Neutral
Price Target:
kr2.00
▲(41.84% Upside)
Action:ReiteratedDate:04/18/26
The score is primarily held back by weak financial performance (sharp 2025 revenue decline, deep profitability deterioration, and persistently negative operating cash flow), despite the benefit of a debt-free balance sheet. Technicals are supportive due to positive momentum, but overbought signals add near-term risk. Valuation is unattractive given ongoing losses and no dividend support.
Positive Factors
Debt-free balance sheet
A zero-debt balance sheet provides lasting financial flexibility and lowers solvency risk, allowing the company to fund operations, pursue product development, or bridge cash shortfalls without immediate external borrowing. This structural strength supports resilience during cyclical capex downturns and gives management time to execute recovery plans.
Negative Factors
Sharp recent revenue decline
A material revenue drop signals weakened end-market demand or lost orders and reduces the ability to leverage fixed costs. Sustained lower volumes can erode pricing power, hinder product development investment, and delay attainment of scale economics, prolonging recovery and pressuring margins over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt balance sheet provides lasting financial flexibility and lowers solvency risk, allowing the company to fund operations, pursue product development, or bridge cash shortfalls without immediate external borrowing. This structural strength supports resilience during cyclical capex downturns and gives management time to execute recovery plans.
Read all positive factors
Impact Coatings AB (IMPC) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr246.21M
Dividend YieldN/A
Average Volume (3M)40.97K
Price to Earnings (P/E)―
Beta (1Y)<0.01
Revenue Growth-56.92%
EPS Growth-56.82%
CountrySE
Employees63
SectorBasic Materials
Sector Strength58
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)-0.15
Shares Outstanding105,219,345
10 Day Avg. Volume49,650
30 Day Avg. Volume40,968
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)0.80
Price to Sales (P/S)2.62
P/FCF Ratio0.00
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)-0.3
Revenue Forecast (FY)kr102.00M
Impact Coatings AB Business Overview & Revenue Model
Company Description
Impact Coatings AB (publ) develops and commercializes physical vapor deposition (PVD) surface treatment solutions worldwide. The company offers INLINECOATER product line for fuel cell metal bipolar plates, automotive lighting reflectors, metalliza...
How the Company Makes Money
Impact Coatings makes money primarily by selling PVD coating equipment and related solutions to industrial customers. Key revenue streams include: (1) Equipment sales: revenue from delivering coating systems (including specialized systems position...
Impact Coatings AB Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
72
Positive
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 47.30M | 110.30M | 99.10M | 32.02M | 57.20M |
| Gross Profit | -51.30M | 63.10M | 57.60M | 19.33M | 22.66M |
| EBITDA | -43.10M | -25.90M | -27.30M | -45.11M | -30.67M |
| Net Income | -45.90M | -29.60M | -32.00M | -47.00M | -32.09M |
Balance Sheet | |||||
| Total Assets | 206.00M | 269.20M | 282.50M | 152.58M | 173.45M |
| Cash, Cash Equivalents and Short-Term Investments | 37.40M | 29.80M | 119.80M | 58.69M | 129.47M |
| Total Debt | 27.50M | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 51.50M | 86.50M | 73.00M | 38.71M | 12.81M |
| Stockholders Equity | 154.50M | 182.70M | 209.50M | 113.87M | 160.64M |
Cash Flow | |||||
| Free Cash Flow | 0.00 | -72.90M | -69.30M | -68.26M | -33.86M |
| Operating Cash Flow | -39.80M | -72.90M | -42.10M | -42.38M | -31.76M |
| Investing Cash Flow | -7.80M | -16.70M | -27.20M | -25.88M | -2.10M |
| Financing Cash Flow | 52.10M | 0.00 | 129.80M | -1.00K | 113.70M |
Impact Coatings AB Peers Comparison
UnderperformOutperform
Sector (61)
SE:IMPC
Impact Coatings AB
2.34
-0.66
-22.03%
DE:GO91
Guideline Geo AB
0.81
-0.09
-10.38%
DE:7X9
SaltX Technology Holding AB Class B
0.51
0.11
27.86%
SE:FLEXQ
FlexQube AB
24.80
18.10
270.15%
SE:STW
SeaTwirl AB
32.30
19.65
155.34%
SE:OPTI
OptiCept Technologies AB
1.75
-1.94
-52.51%
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.