Maven Wireless Sweden AB (MAVEN) AI Stock Analysis

• Market Cap: €298.98M
• Dividend Yield: N/A
• Average Volume (3M): 16.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.57
• Revenue Growth: -9.79%
• EPS Growth: -144.24%
• Country: SE
• Employees: 51
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): -0.10
• Shares Outstanding: 51,906,810
• 10 Day Avg. Volume: 22,997
• 30 Day Avg. Volume: 16,441
• PEG Ratio: -25.13
• Price to Book (P/B): 4.72
• Price to Sales (P/S): 2.53
• P/FCF Ratio: -49.29
• 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): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: ―

Maven Wireless Sweden AB's overall stock score reflects its financial stability and revenue growth against the backdrop of cash flow volatility and a high P/E ratio suggesting potential overvaluation. The technical analysis indicates a lack of strong momentum, neither bullish nor bearish. While the company shows potential with its strong balance sheet, the challenges in cash flow management and high valuation metrics are key risks that weigh down the overall score.

Maven Wireless Sweden AB Business Overview & Revenue Model

Company Description

Maven Wireless Sweden AB (Publ) provides various wireless solutions for indoor and tunnel coverage. Its products include Orion head end unit, a compact 3HU rack mounted design that can be fitted with up to 8 RF band modules; Helix digital head end unit, a digital rack-mounted unit that provides eCPRI-links supporting open fronthaul standards from the O-RAN Alliance; Stratus high power digital DAS remotes, which deliver up to +43 dBm RF output power per band in the bands supporting multi-operator and multi-standard operation from 380 to 3800 MHz; Cumulus 6-band medium power digital DAS remotes that deliver +30 dBm RF output power per band in the bands supporting multi-operator and multi-standard from 700 to 2600 MHz; and Nimbus low power digital DAS remotes, which are connected via CAT6a and alternatively via SFP28 to the Helix unit. The company's products also include Cirrus digital off air master that picks up signals from the macro network, which are converted into digital CPRI feeding; TOR–digital intrain onboard repeater with built-in modem that embeds up to four cellular bands plus the GSM-R band in the same compact enclosure for train coverage; Exo digital off air high power repeater with built-in modem that embeds up to two bands in the same fanless enclosure; Strato digital off air medium power repeater with built-in modem that embeds up to three bands in the same fanless enclosure; Tropo digital off air low power off air repeater with built-in modem that embeds two cellular repeater bands in the same fanless enclosure; and Maven Network Management System with open web API for integration with 3rd party OSS/NOC. Its products are used in tunnels, trains, subways, arenas, metros, stadiums, buildings, and others. Maven Wireless Sweden AB (Publ) was incorporated in 2016 and is based in Kista, Sweden.

How the Company Makes Money

Maven Wireless Sweden AB generates revenue through the sale of its wireless communication solutions, which include hardware products like repeaters and distributed antenna systems (DAS), as well as software and services related to network performance improvement. The company's key revenue streams include direct sales to telecommunications operators, system integrators, and enterprise customers who require enhanced indoor and outdoor wireless coverage. Additionally, Maven Wireless may engage in partnerships with major telecom providers and other technology companies to expand its market reach and enhance its product offerings. These partnerships can contribute significantly to its earnings by opening new distribution channels and facilitating large-scale deployments of its solutions.

Maven Wireless Sweden AB Financial Statement Overview

Summary

Maven Wireless Sweden AB exhibits a strong growth trajectory in revenue and improving profitability indicators over the years. The balance sheet's low leverage and strong equity position highlight financial stability. However, the volatility in cash flows and recent drop in net income suggest potential challenges in sustaining operations with internal cash generation. The company needs to focus on stabilizing its cash flow to maintain long-term financial health.

Income Statement

Maven Wireless Sweden AB demonstrated a notable improvement in revenue from 2020 to 2023, with a strong revenue growth rate in 2021 and 2022. The gross profit margin has been consistently improving, reaching over 43% in recent years, indicating efficient cost management. However, the net profit margin experienced fluctuations, with the company still posting a minimal net income in 2024 compared to a significant net income in 2023. The EBIT and EBITDA margins also show improvement but remain relatively low, reflecting challenges in operational efficiency.

Balance Sheet

The balance sheet shows a healthy increase in stockholders' equity over the years, indicating strong investor confidence and retained earnings. The debt-to-equity ratio is low, suggesting prudent financial leverage. However, the equity ratio has slightly decreased but remains strong at over 60%. The return on equity improved significantly in 2023, although it was lower in 2024, indicating some inconsistency in net income generation.

Cash Flow

The company experienced volatility in its cash flows, with free cash flow turning negative in 2024 after being positive in 2023. Operating cash flow to net income ratio declined, reflecting challenges in converting income into cash. The free cash flow to net income ratio also dropped in 2024, indicating potential cash flow management issues. This volatility presents a risk to maintaining liquidity and funding operations without relying heavily on external financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	206.29M	213.19M	256.21M	101.45M	44.93M	49.52M
Gross Profit	81.74M	105.16M	111.73M	46.19M	28.62M	14.63M
EBITDA	5.91M	2.22M	43.96M	-53.00K	-11.23M	-16.56M
Net Income	-6.73M	216.00K	39.03M	-6.42M	-12.82M	-20.92M
Balance Sheet
Total Assets	171.39M	161.92M	181.36M	123.90M	88.02M	45.98M
Cash, Cash Equivalents and Short-Term Investments	0.00	0.00	41.69M	14.41M	14.11M	1.02M
Total Debt	14.69M	2.33M	4.90M	3.92M	5.71M	8.24M
Total Liabilities	56.85M	47.45M	62.38M	44.90M	19.27M	16.64M
Stockholders Equity	114.54M	114.47M	118.98M	79.00M	68.75M	29.34M
Cash Flow
Free Cash Flow	12.66M	-10.95M	27.62M	-13.84M	-35.92M	-20.16M
Operating Cash Flow	25.40M	-9.82M	48.56M	2.58M	-21.27M	-6.96M
Investing Cash Flow	-27.43M	-26.39M	-20.87M	-16.36M	-14.62M	-13.20M
Financing Cash Flow	-8.44M	-5.52M	-409.00K	14.02M	48.99M	19.84M

Maven Wireless Sweden AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:MAVEN, the sentiment is Negative. The current price of 6.06 is below the 20-day moving average (MA) of 6.15, below the 50-day MA of 6.71, and below the 200-day MA of 8.13, indicating a bearish trend. The MACD of -0.19 indicates Negative momentum. The RSI at 43.94 is Neutral, neither overbought nor oversold. The STOCH value of 86.60 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:MAVEN.

Maven Wireless Sweden AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KEBNI.B	62 Neutral	€495.25M	84.58	8.68%	―	9.30%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
MAVEN	55 Neutral	€298.98M	―	-5.81%	―	-9.79%	-144.24%
INCOAX	49 Neutral	€70.88M	―	-24.59%	―	-48.24%	-48.99%
NETI.B	48 Neutral	€1.27B	219.65	0.87%	―	-15.56%	-92.87%
GAPW.B	46 Neutral	€573.71M	―	-52.89%	―	53.78%	19.38%
HDW.B	37 Underperform	―	―	-317.77%	―	-14.71%	93.93%