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Mavshack AB (SE:MAV)
:MAV
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Mavshack AB (MAV) AI Stock Analysis

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SE:MAV

Mavshack AB

(MAV)

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Neutral 42 (OpenAI - 5.2)
Rating:42Neutral
Price Target:
kr0.01
▲(10.00% Upside)
Action:Reiterated
Date:06/23/26
The score is driven primarily by very weak financial performance (declining revenue, deeply negative profitability, negative equity, and heavy cash burn). Valuation is also constrained by a negative P/E tied to ongoing losses, while technical analysis cannot be meaningfully assessed due to missing indicators.
Positive Factors
Low Reported Debt
Minimal reported debt reduces near-term refinancing and interest burdens, preserving financial optionality. Over a multi-month horizon this durable structural strength gives management flexibility to pursue strategic pivots, partnerships, or modest financing without heavy leverage pressure.
Negative Factors
Declining Revenue Trend
Sustained TTM revenue decline undermines scale economics needed for content licensing, platform investment and ad/subscription monetization. Without a clear and durable revenue stabilization, recovering margins and regaining bargaining power with partners will be difficult over a 2–6 month horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Reported Debt
Minimal reported debt reduces near-term refinancing and interest burdens, preserving financial optionality. Over a multi-month horizon this durable structural strength gives management flexibility to pursue strategic pivots, partnerships, or modest financing without heavy leverage pressure.
Read all positive factors

Mavshack AB (MAV) vs. iShares MSCI Sweden ETF (EWD)

Mavshack AB Business Overview & Revenue Model

Company Description
Headquartered in Stockholm, Sweden, Mavshack AB (publ) is a global digital entertainment company founded in 2007. It caters to markets both domestically and internationally, offering a diverse portfolio of services. Key offerings include advanced ...
How the Company Makes Money
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Mavshack AB Financial Statement Overview

Summary
Financial health is very weak: revenue is down ~15.7% TTM, profitability is deeply negative across gross/operating/net levels, shareholders’ equity is consistently negative, and operating/free cash flow are materially negative (cash burn). Zero reported debt reduces refinancing risk but does not offset the ongoing losses and funding pressure.
Income Statement
9
Very Negative
Balance Sheet
22
Negative
Cash Flow
6
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue2.84M3.37M11.44M16.22M39.66M48.88M
Gross Profit-3.37M-10.54M8.67M12.81M20.86M36.33M
EBITDA-1.44M-4.63M-7.81M-13.70M-39.27M-30.13M
Net Income-7.87M-5.45M-17.58M-18.91M-45.66M-35.67M
Balance Sheet
Total Assets11.87M13.87M26.63M36.53M37.03M54.34M
Cash, Cash Equivalents and Short-Term Investments126.39K213.71K74.48K533.53K1.00M3.31M
Total Debt0.000.000.000.0026.13K0.00
Total Liabilities24.30M23.95M42.46M41.34M30.73M30.08M
Stockholders Equity-12.43M-10.08M-15.83M-4.81M6.30M24.26M
Cash Flow
Free Cash Flow-25.33M-30.80M-19.31M-8.31M-26.42M-40.50M
Operating Cash Flow-16.13M-21.55M-3.70M-4.20M-23.54M-30.18M
Investing Cash Flow-336.00K5.06M-12.62M-4.11M-7.52M-10.29M
Financing Cash Flow16.59M16.62M15.86M7.84M28.75M42.17M

Mavshack AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.01
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
Market Momentum
MACD
>-0.01
Positive
RSI
39.72
Neutral
STOCH
38.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:MAV, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.02, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 39.72 is Neutral, neither overbought nor oversold. The STOCH value of 38.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:MAV.

Mavshack 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
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
50
Neutral
kr30.53M-1.77153.96%-0.47%45.00%
49
Neutral
kr20.07M-3.29-31.43%-28.21%-1.90%
47
Neutral
kr40.30M2.6527.44%-48.06%
42
Neutral
kr3.20M-0.2346.52%-68.63%94.42%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:MAV
Mavshack AB
0.01
<0.01
10.00%
SE:QIIWI
Qiiwi Games AB
2.17
-1.66
-43.34%
SE:GBK
Goodbye Kansas Group AB
1.42
-0.85
-37.44%
SE:BRIGHT
Speqta AB
0.42
-0.03
-6.53%
SE:FRAG
Fragbite Group AB
4.99
-4.35
-46.57%
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: Jun 23, 2026