Impact Coatings AB (SE:IMPC)
:IMPC
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Impact Coatings AB
(IMPC)
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Rating:44Neutral
Price Target:
kr1.00
▼(-29.08% Downside)
Action:ReiteratedDate:02/18/26
The score is held down primarily by weak financial performance (sharp 2025 revenue decline, worsening profitability, and persistent cash burn), reinforced by a longer-term bearish trend (price well below 100/200-day averages). The key positive is the debt-free balance sheet, but losses and negative cash flow limit the strength of that cushion.
Positive Factors
Debt-free balance sheet
Zero reported debt materially reduces solvency risk and gives management flexibility to fund operations or pursue strategic opportunities without immediate pressure from interest or maturities. This cushion is durable, supporting operations through longer turnarounds or financing rounds if losses persist.
Negative Factors
Sharp revenue decline
A steep year-over-year revenue decline signals weakening market traction or lost orders, undermining the fixed-cost recovery needed for industrial equipment makers. Sustained top-line contraction compresses margins and limits ability to scale operations or fund R&D without external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt materially reduces solvency risk and gives management flexibility to fund operations or pursue strategic opportunities without immediate pressure from interest or maturities. This cushion is durable, supporting operations through longer turnarounds or financing rounds if losses persist.
Read all positive factors
Impact Coatings AB (IMPC) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr132.58M
Dividend YieldN/A
Average Volume (3M)40.97K
Price to Earnings (P/E)―
Beta (1Y)-0.64
Revenue GrowthN/A
EPS GrowthN/A
CountrySE
Employees63
SectorBasic Materials
Sector Strength58
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)-0.04
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)-0.29
Revenue Forecast (FY)kr104.00M
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 | 0.00 | 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
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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.