LifeClean International AB (LCLEAN) AI Stock Analysis

• Market Cap: kr14.03M
• Dividend Yield: N/A
• Average Volume (3M): 474.43K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.12
• Revenue Growth: -15.74%
• EPS Growth: 44.98%
• Country: SE
• Employees: 31
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Household & Personal Products
• EPS (TTM): -0.03
• Shares Outstanding: 274,110,400
• 10 Day Avg. Volume: 395,019
• 30 Day Avg. Volume: 474,432
• PEG Ratio: <0.01
• Price to Book (P/B): 7.74
• Price to Sales (P/S): 0.48
• P/FCF Ratio: -0.92
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.06
• Revenue Forecast (FY): kr135.00M

• Rating: 42 Neutral
• Price Target: kr0.06 ▼(-38.89% Downside)
• Action: Reiterated Date: 02/10/26
• Date: Action: Reiterated 02/10/26

The score is driven down primarily by severe financial stress (deep losses, negative gross profit in 2025, persistent cash burn, and a pressured balance sheet). Technicals add further risk given a clear downtrend despite oversold readings. Valuation provides limited support because negative earnings make P/E uninformative and no dividend yield is available.

Positive Factors

Infection-prevention product focus

A clear, specialized focus on hygiene and infection-prevention targets durable end markets (healthcare, public facilities, professional cleaning). Structural demand for infection control supports recurring product and service needs, aiding long-term revenue stability if execution matches market requirements.

Reported reduction in total debt (2025)

Lower reported debt in 2025 versus prior years modestly reduces immediate solvency pressure and lengthens runway versus earlier peaks. This improvement, if sustained, increases financial flexibility to execute restructuring or commercial recovery without immediate refinancing urgency.

Improvement in EBITDA losses versus 2024

An improvement in EBITDA losses indicates operational leverage or cost control progress, which is a durable sign management can stabilize operations. If maintained, this can form the foundation for margin recovery and reduce future cash burn requirements over the coming quarters.

Negative Factors

Persistent negative operating and free cash flow

Consistent negative operating and free cash flow signals the business is burning cash rather than self-funding. Over a multi-quarter horizon this necessitates external financing or asset sales, which can dilute shareholders, increase leverage, or force cutbacks that impede growth and execution.

Negative gross profit in 2025

A negative gross profit means core product economics were unfavorable in 2025; costs exceeded revenue before overhead. This is a structural red flag: without pricing, mix, or cost-of-goods improvements the business model is not sustainable and margin recovery is required to avoid ongoing losses.

High leverage and thin/unstable equity

High leverage and thin or negative equity raise solvency and refinancing risk, limiting the company's ability to absorb shocks or fund growth. Over the medium term this constrains strategic options and increases probability of distress-driven outcomes absent sustained profitability or fresh capital.

LifeClean International AB Business Overview & Revenue Model

Company Description

LifeClean International AB (publ) researches, produces, markets, and sells disinfection products in Sweden. It has developed a patented spore, fungal, biofilm, bacterial, and virus-killing surface disinfection for equipment and surfaces, such as floors, walls, furniture, and general roof surfaces. The company was founded in 2012 and is based in Uddevalla, Sweden.

How the Company Makes Money

LCLEAN generates revenue through several key streams, primarily from the direct sales of its eco-friendly cleaning products to retail and wholesale distributors. The company also engages in business-to-business (B2B) partnerships, supplying products to commercial cleaning services, hotels, and healthcare facilities, which account for a significant portion of its sales. Additionally, LCLEAN has established strategic partnerships with environmental organizations to enhance brand visibility and credibility, further driving sales through co-marketing efforts. The company's online sales platform also contributes to its revenue, allowing direct access to consumers and expanding its market reach. Overall, LCLEAN's revenue model is centered on product sales, strategic partnerships, and a growing e-commerce presence.

LifeClean International AB Financial Statement Overview

Summary

Very weak fundamentals: revenue fell sharply in 2025 (~44% YoY), losses are persistent with extremely negative margins (including negative gross profit in 2025), operating/free cash flow are negative every year (worsening cash burn in 2023–2025), and the balance sheet shows high leverage with a thin/unstable equity cushion (including negative equity in 2024).

Income Statement

Revenue has been volatile and recently declined (2025 revenue down ~44% year over year), following modest growth in 2023–2024. Profitability is very weak: net losses persist every year shown, with extremely negative net margins (roughly -65% in 2025 and near -88% in 2024). A key concern is gross profitability deterioration—2025 shows a negative gross profit (and negative gross margin), indicating the core product economics were unfavorable in the latest year despite some improvement in EBITDA losses versus 2024.

Balance Sheet

Leverage is high and balance-sheet strength has deteriorated versus earlier years. Debt is substantial relative to equity, and equity has been thin/unstable (including negative equity in 2024), which raises financing and solvency risk. While total debt came down from 2023–2024 levels into 2025, the company is still operating with very limited equity cushion and deeply negative returns for shareholders in most years shown.

Cash Flow

Cash generation is a major weakness: operating cash flow is negative in every year shown, and free cash flow is also consistently negative, worsening sharply in recent years (large outflows in 2023–2025). While free cash flow broadly tracks the net loss (losses converting into cash burn rather than being accounting-only), the continued cash drain implies ongoing reliance on external funding or balance-sheet flexibility to sustain operations.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	54.63M	61.15M	52.50M	47.18M	53.36M
Gross Profit	-35.33M	26.82M	22.77M	19.52M	-30.81M
EBITDA	-26.03M	-40.87M	-32.39M	-27.79M	-26.05M
Net Income	-35.66M	-53.72M	-44.24M	-36.09M	-32.75M
Balance Sheet
Total Assets	48.10M	61.80M	68.61M	76.37M	82.59M
Cash, Cash Equivalents and Short-Term Investments	6.88M	10.57M	8.29M	11.61M	8.85M
Total Debt	27.36M	44.90M	47.84M	32.38M	18.54M
Total Liabilities	44.73M	65.43M	67.29M	62.56M	32.70M
Stockholders Equity	3.36M	-3.63M	1.31M	13.81M	49.89M
Cash Flow
Free Cash Flow	-28.28M	-42.66M	-39.99M	-20.07M	-23.01M
Operating Cash Flow	-28.23M	-40.83M	-35.46M	-16.96M	-21.79M
Investing Cash Flow	45.00K	-1.85M	-4.54M	-3.13M	-36.51M
Financing Cash Flow	24.50M	44.96M	36.67M	22.84M	24.68M

LifeClean International AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.09
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:LCLEAN, the sentiment is Negative. The current price of 0.09 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.07, and below the 200-day MA of 0.14, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.64 is Neutral, neither overbought nor oversold. The STOCH value of 43.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:LCLEAN.

LifeClean International AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
POLYG	49 Neutral	kr242.54M	-10.79	-5.04%	2.89%	7.92%	94.99%
CLEM	47 Neutral	kr116.31M	21.13	5.40%	―	8.54%	-4.76%
QLIFE	44 Neutral	kr31.83M	-0.89	―	―	376.81%	97.95%
LCLEAN	42 Neutral	kr14.03M	-0.20	-354.88%	―	-15.74%	44.98%