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InCoax Networks AB (SE:INCOAX)
:INCOAX

InCoax Networks AB (INCOAX) AI Stock Analysis

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InCoax Networks AB

(Frankfurt:INCOAX)

49Neutral
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. S&P 500 (SPY)

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
Income Statement
Balance Sheet
Cash Flow
Breakdown
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
59.62M25.92M20.89M3.79M2.82M
Gross Profit
50.22M36.67M25.29M1.99M-208.35K
EBIT
-16.73M-22.33M-24.33M-57.41M-65.11M
EBITDA
-15.70M-21.62M-23.47M-56.35M-64.55M
Net Income Common Stockholders
-16.91M-23.30M-24.66M-58.24M-66.42M
Balance SheetCash, Cash Equivalents and Short-Term Investments
14.99M36.30M34.28M16.83M29.48M
Total Assets
114.93M123.18M83.17M42.25M53.18M
Total Debt
3.25M3.25M3.25M3.25M0.00
Net Debt
-11.74M-33.05M-31.04M-13.59M-29.48M
Total Liabilities
35.30M26.92M21.21M17.63M13.37M
Stockholders Equity
79.63M96.26M61.96M24.62M39.81M
Cash FlowFree Cash Flow
-31.04M-55.10M-44.39M-55.27M-72.96M
Operating Cash Flow
-10.04M-30.68M-28.18M-46.83M-72.04M
Investing Cash Flow
-21.00M-24.42M-16.20M-8.44M-921.40K
Financing Cash Flow
9.73M57.12M61.84M42.63M94.71M

InCoax Networks AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.59
Price Trends
50DMA
1.59
Negative
100DMA
1.66
Negative
200DMA
1.86
Negative
Market Momentum
MACD
-0.01
Negative
RSI
41.82
Neutral
STOCH
30.00
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 1.59 is above the 20-day moving average (MA) of 1.48, above the 50-day MA of 1.59, and below the 200-day MA of 1.86, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 41.82 is Neutral, neither overbought nor oversold. The STOCH value of 30.00 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 (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
SEIS
73
Outperform
kr158.79M28.565.07%15.63%
62
Neutral
kr449.62M244.593.26%99.23%
60
Neutral
$10.94B10.37-6.73%2.98%7.75%-12.61%
55
Neutral
€413.90M1,947.62-6.45%1.26%-20.56%-99.26%
SEJLT
54
Neutral
€66.04M-14.49%-25.53%-575.22%
49
Neutral
kr206.09M-19.76%24.96%23.93%
47
Neutral
€183.09M-40.19%-10.24%12.09%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:INCOAX
InCoax Networks AB
1.42
-1.28
-47.40%
SE:FREEM
Freemelt Holding AB
0.99
-1.07
-52.09%
SE:IS
Image Systems AB
1.99
0.41
26.03%
SE:JLT
JLT Mobile Computers AB
2.48
-0.86
-25.75%
SE:KEBNI.B
KebNi AB Class B
1.81
0.35
24.31%
SE:MAVEN
Maven Wireless Sweden AB
7.44
-10.51
-58.55%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.