Product-market NicheMantex serves a focused niche — automated, non-destructive wood and biomass measurement for pulp, sawmills and bioenergy. That structural industry need for process control and quality data supports durable demand for instrumentation, integration projects, and aftermarket services over months to years.

2025 Revenue ReboundA +74% revenue rebound in 2025 indicates meaningful commercial traction after prior weakness. Such a recovery suggests the company can translate product development into bookings and may ramp installations and recurring software/support streams, improving structural revenue growth if sustained.

Lean Operating FootprintA very small headcount implies a capital- and labor-light operating model typical of hardware+software specialists. Combined with positive equity, this supports scalability: incremental sales and installed-base services can lift margins faster than in large fixed-cost manufacturing peers if top-line growth continues.

Bears Say

Negative Operating Cash FlowConsistent negative operating cash flow shows the core business is not self-funding and requires external financing or capital injections. Even with improved cash burn in 2025, persistent OCF deficits constrain investment in R&D, commercialization and service infrastructure, limiting durable growth prospects.

Rising LeverageDebt rising to a ~1.7x debt-to-equity level materially increases financial risk for a small, loss-making firm. Higher leverage reduces balance sheet flexibility, raises fixed obligations and vulnerability to revenue swings, making it harder to fund working capital and install new systems over the coming quarters.

Persistent Losses & Unstable MarginsRepeated annual losses and highly unstable margins—including deeply negative gross and EBIT margins in 2025—indicate poor operating leverage and cost absorption. This undermines sustainable cash generation and increases the risk that revenue rebounds fail to translate into durable profitability.

MANTEX FAQ

What was Mantex AB’s price range in the past 12 months?

Mantex AB lowest stock price was kr5.20 and its highest was kr14.00 in the past 12 months.

What is Mantex AB’s market cap?

Mantex AB’s market cap is kr17.03M.

When is Mantex AB’s upcoming earnings report date?

Mantex AB’s upcoming earnings report date is Apr 29, 2026 which is in 42 days.

How were Mantex AB’s earnings last quarter?

Mantex AB released its earnings results on Feb 17, 2026. The company reported -kr1.554 earnings per share for the quarter, missing the consensus estimate of N/A by -kr1.554.

Is Mantex AB overvalued?

According to Wall Street analysts Mantex AB’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Mantex AB pay dividends?

Mantex AB does not currently pay dividends.

What is Mantex AB’s EPS estimate?

Mantex AB’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Mantex AB have?

Mantex AB has 2,169,645 shares outstanding.

What happened to Mantex AB’s price movement after its last earnings report?

Mantex AB reported an EPS of -kr1.554 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 0.935%.

Which hedge fund is a major shareholder of Mantex AB?

Currently, no hedge funds are holding shares in SE:MANTEX

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Mantex AB

Mantex AB (publ) manufactures and sells industrial X-ray scanners for bioenergy, pulp and paper, research, and other applications in Sweden and internationally. It offers biofuel analyzers that assess the quality of wood-based biofuels and flow scanners to scan wood chips for pulp and paper production. The company was founded in 1987 and is based in Kista, Sweden.