tiprankstipranks
Trending News
More News >
InCoax Networks AB (SE:INCOAX)
:INCOAX

InCoax Networks AB (INCOAX) AI Stock Analysis

Compare
0 Followers

Top Page

SE

InCoax Networks AB

(Frankfurt:INCOAX)

Rating:49Neutral
Price Target:
InCoax Networks AB has a mixed financial profile with strong revenue growth but persistent unprofitability and cash flow challenges. The technical indicators suggest a bearish trend, and the valuation highlights a lack of earnings. These factors contribute to a below-average stock score, underscoring the need for improved profitability and operational efficiency.

InCoax Networks AB (INCOAX) vs. iShares MSCI Sweden ETF (EWD)

InCoax Networks AB Business Overview & Revenue Model

Company DescriptionInCoax Networks AB (INCOAX) is a technology company specializing in broadband access solutions. The company primarily operates in the telecommunications sector, providing innovative solutions for high-speed internet access. InCoax Networks focuses on delivering broadband services using existing infrastructure like coaxial cables, thus offering cost-effective and efficient alternatives for internet service providers (ISPs) and operators in residential and commercial settings.
How the Company Makes MoneyInCoax Networks AB generates revenue through the sale of its broadband access solutions to telecommunications companies and internet service providers. The company's main revenue streams include the sale of hardware products such as access modems and controllers, which enable the delivery of high-speed internet over existing coaxial networks. Additionally, InCoax may derive income from licensing its technology, providing technical support, and offering related services. Partnerships with telecom operators and ISPs are crucial for the company's business model, as these collaborations help expand the reach and adoption of its solutions. The company's focus on using existing infrastructure for broadband delivery can significantly reduce costs for its clients, making its solutions attractive for market adoption.

InCoax Networks AB Financial Statement Overview

Summary
InCoax Networks AB demonstrates strong revenue growth and a solid equity base, but persistent losses and negative cash flows hinder its financial health. The high gross margin shows potential for future profitability if operational efficiencies can be achieved. The company should focus on converting revenue growth into positive net income and cash flows to enhance its financial standing.
Income Statement
55
Neutral
InCoax Networks AB has shown impressive revenue growth, with a significant increase from the prior years, indicating strong top-line performance. However, the company remains unprofitable, as evidenced by negative net income and EBIT margins. The gross profit margin is relatively high, which is a positive sign, but the company needs to improve its operational efficiency to translate this into net profitability.
Balance Sheet
60
Neutral
The balance sheet reflects a solid equity position with a high equity ratio, suggesting financial stability. The company has no debt, which reduces financial risk, but it also means missed opportunities for leverage. A positive aspect is the significant cash reserves relative to liabilities, enhancing liquidity. However, the return on equity is negative due to net losses, which remains a concern for investors.
Cash Flow
50
Neutral
The cash flow statement reveals challenges in cash generation, with negative operating and free cash flows over recent periods. Despite this, there has been a positive financing cash flow, indicating reliance on external funding. The company needs to improve its cash flow from operations to sustain long-term growth and reduce dependency on financing.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue69.33M74.50M59.62M25.92M20.89M3.79M
Gross Profit22.52M67.48M50.22M36.67M25.29M1.99M
EBITDA-25.16M-18.53M-15.70M-21.62M-23.47M-56.35M
Net Income-25.98M-19.15M-16.91M-23.30M-24.66M-58.24M
Balance Sheet
Total Assets168.81M137.67M114.93M123.18M83.17M42.25M
Cash, Cash Equivalents and Short-Term Investments32.96M2.23M14.99M36.30M34.28M16.83M
Total Debt0.000.003.25M3.25M3.25M3.25M
Total Liabilities28.79M27.13M35.30M26.92M21.21M17.63M
Stockholders Equity140.02M110.54M79.63M96.26M61.96M24.62M
Cash Flow
Free Cash Flow-20.90M-27.12M-31.04M-55.10M-44.39M-55.27M
Operating Cash Flow-20.90M-27.12M-10.04M-30.68M-28.18M-46.83M
Investing Cash Flow-26.79M-25.71M-21.00M-24.42M-16.20M-8.44M
Financing Cash Flow32.38M40.06M9.73M57.12M61.84M42.63M

InCoax Networks AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.44
Price Trends
50DMA
1.53
Negative
100DMA
1.57
Negative
200DMA
1.73
Negative
Market Momentum
MACD
-0.04
Positive
RSI
42.94
Neutral
STOCH
32.76
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:INCOAX, the sentiment is Negative. The current price of 1.44 is below the 20-day moving average (MA) of 1.52, below the 50-day MA of 1.53, and below the 200-day MA of 1.73, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 42.94 is Neutral, neither overbought nor oversold. The STOCH value of 32.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:INCOAX.

InCoax Networks AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
SEIS
68
Neutral
kr172.17M27.915.07%15.63%
62
Neutral
kr506.57M698.281.24%99.23%
57
Neutral
$1.15B27.35-27.06%10.34%10.83%-5.57%
55
Neutral
kr423.23M1,947.62-6.45%1.39%-20.56%-99.26%
SEJLT
54
Neutral
€64.89M-13.94%-25.53%-575.22%
49
Neutral
kr187.71M-18.50%24.96%23.93%
47
Neutral
kr430.36M-37.52%-10.24%12.09%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:INCOAX
InCoax Networks AB
1.44
-1.05
-42.14%
SE:FREEM
Freemelt Holding AB
2.47
-0.72
-22.62%
SE:IS
Image Systems AB
1.94
0.42
27.63%
SE:JLT
JLT Mobile Computers AB
2.24
-1.14
-33.73%
SE:KEBNI.B
KebNi AB Class B
2.14
0.59
37.92%
SE:MAVEN
Maven Wireless Sweden AB
8.62
-8.78
-50.46%
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: Apr 22, 2025