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Luxbright AB (SE:LXB)
:LXB
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Luxbright AB (LXB) AI Stock Analysis

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SE:LXB

Luxbright AB

(LXB)

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Neutral 42 (OpenAI - 5.2)
Rating:42Neutral
Price Target:
kr0.09
▼(-82.08% Downside)
Action:Reiterated
Date:07/14/26
The score is held down primarily by weak financial performance—heavy ongoing losses, unstable margins, and sustained cash burn—despite improving revenue momentum and a low-debt balance sheet. Technicals also remain bearish with the price below all major moving averages and negative MACD, while valuation metrics provide little support due to a negative P/E and no dividend yield data.
Positive Factors
Low leverage / strong balance sheet
Minimal reported debt and a sizable equity base give Luxbright durable financial flexibility. This reduces near-term refinancing risk, supports continued R&D and commercialization spending, and provides a multi-month runway advantage while the company scales revenue or seeks non-dilutive partnerships.
Negative Factors
Persistent cash burn
Consistently negative operating and free cash flow mean the company must rely on external funding or equity to sustain operations. Over 2–6 months this creates execution risk, potential dilution, and constrains the ability to fund scale-up, capital expenditures, or longer commercial cycles without financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Minimal reported debt and a sizable equity base give Luxbright durable financial flexibility. This reduces near-term refinancing risk, supports continued R&D and commercialization spending, and provides a multi-month runway advantage while the company scales revenue or seeks non-dilutive partnerships.
Read all positive factors

Luxbright AB (LXB) vs. iShares MSCI Sweden ETF (EWD)

Luxbright AB Business Overview & Revenue Model

Company Description
Luxbright AB (publ), a technology-driven enterprise headquartered in Gothenburg, Sweden, specializes in engineering and marketing X-ray tubes, generators, and comprehensive X-ray systems. Established in 2012, the company's primary focus is on prov...
How the Company Makes Money
Publicly available, company-specific detail on Luxbright AB’s current revenue model, revenue streams, customer contracts, pricing, or material partnerships is not available in the information provided, so a factual detailed explanation cannot be g...

Luxbright AB Financial Statement Overview

Summary
Despite sharp recent revenue acceleration, the company remains dominated by large, persistent net losses, deeply negative operating results, volatile/occasionally negative gross margins, and sustained negative operating cash flow and free cash flow. Minimal debt and a sizeable equity base reduce near-term balance-sheet risk but do not offset the ongoing cash burn and weak profitability.
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
14
Very Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue11.41M9.02M854.70K811.70K729.00K
Gross Profit-21.37M8.88M-2.80M189.12K1.98M
EBITDA-16.76M-15.72M-23.87M-20.47M-17.63M
Net Income-19.46M-17.72M-25.38M-21.13M-18.10M
Balance Sheet
Total Assets39.38M42.66M40.69M31.19M23.99M
Cash, Cash Equivalents and Short-Term Investments5.29M12.36M14.04M7.60M7.51M
Total Debt4.56M254.19K206.02K588.34K1.10M
Total Liabilities12.49M8.46M7.00M3.33M3.36M
Stockholders Equity26.89M34.20M33.69M27.86M20.63M
Cash Flow
Free Cash Flow-19.87M-16.52M-20.39M-20.64M-17.14M
Operating Cash Flow-19.87M-16.52M-20.39M-20.64M-17.14M
Investing Cash Flow-3.65M-3.44M-3.99M-7.15M-4.15M
Financing Cash Flow16.46M18.28M30.82M27.88M-708.00K

Luxbright AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.48
Price Trends
50DMA
0.14
Negative
100DMA
0.20
Negative
200DMA
0.38
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
42.85
Neutral
STOCH
35.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:LXB, the sentiment is Negative. The current price of 0.48 is above the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.14, and above the 200-day MA of 0.38, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.85 is Neutral, neither overbought nor oversold. The STOCH value of 35.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:LXB.

Luxbright AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
kr118.47M32.80-12.51%-59.88%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
46
Neutral
kr47.60M-13.76-12.32%-1156.14%
44
Neutral
kr357.89M-1.67-253.54%41.17%29.20%
44
Neutral
kr105.65M-2.68-61.62%-29.16%44.24%
42
Neutral
kr25.98M-0.64-60.56%27.31%6.31%
41
Neutral
kr26.70M-0.24-50.21%-85.81%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:LXB
Luxbright AB
0.11
-0.59
-84.94%
SE:SCIB
SciBase Holding AB
35.00
3.42
10.82%
SE:CLS.B
Clinical Laserthermia Systems AB Class B
3.22
-0.19
-5.57%
SE:SPEC
SpectraCure AB
0.05
-0.13
-73.84%
SE:SDOS
ScandiDos AB
0.83
-0.53
-38.97%
SE:ARCOMA
Arcoma AB
8.68
-1.18
-11.97%
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: Jul 14, 2026