Net Insight AB Class B (NETI.B) AI Stock Analysis

• Market Cap: kr701.88M
• Dividend Yield: N/A
• Average Volume (3M): 635.95K
• Price to Earnings (P/E): 111.6
• Beta (1Y): 0.44
• Revenue Growth: -15.56%
• EPS Growth: -92.87%
• Country: SE
• Employees: 209
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): 0.06
• Shares Outstanding: 340,404,450
• 10 Day Avg. Volume: 474,627
• 30 Day Avg. Volume: 635,952
• PEG Ratio: 1.56
• Price to Book (P/B): 4.04
• Price to Sales (P/S): 4.29
• P/FCF Ratio: 104.65
• 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: 43 Neutral
• Price Target: kr2.00 ▼(-47.51% Downside)

The score is primarily pressured by weak financial performance (declining profitability and negative cash flows) and very bearish technicals (below major moving averages with negative MACD). Valuation further detracts due to an exceptionally high P/E and no dividend data to support the case.

Positive Factors

Low leverage / balance sheet strength

A very low debt-to-equity ratio provides durable financial flexibility, lowering bankruptcy risk and enabling the company to fund project deployments or absorb cyclical pauses in customer investments without urgent refinancing. This supports long-term stability and strategic optionality.

Recurring revenue from services and software

Recurring support, maintenance, and software licensing produce predictable revenue from installed bases and contractual renewals. That steady income cushions project-driven volatility, improves customer retention economics, and supports long-term cash visibility if churn remains controlled.

Positioned in secular shift to IP-based media workflows

Net Insight serves broadcasters and network operators in a structural migration from legacy transport to IP-based remote production and distribution. This long-term industry transition underpins sustained addressable market growth for orchestration, monitoring and contribution solutions.

Negative Factors

Collapse in profitability and margins

Sharp margin deterioration reflects either pricing pressure, rising costs, or operational inefficiencies that materially reduce reinvestment capacity. Persistent low margins erode returns on invested capital, limit ability to fund R&D, and make competitive positioning harder to sustain long term.

Negative operating and free cash flow

Sustained negative operating and free cash flow weakens liquidity and forces reliance on external financing or equity issuance to fund operations and growth. Over time this constrains capital allocation, reduces runway for product investment, and increases vulnerability to demand shocks.

Declining revenue trend

Material revenue contraction reduces scale, undermines operating leverage and per-unit economics vital for software and services. Continued top-line shrinkage heightens pressure on margins and cash flow, complicates customer retention and weakens the company’s ability to compete for large deployment projects.

Net Insight AB Class B Business Overview & Revenue Model

Company Description

Net Insight AB (publ) offers media network solutions worldwide. It offers professional media transport solutions, including remote production, customer provisioned networks, live contribution, internet media transport, ATSC 3.0 transport, cloud ingest, and affiliate interconnect and distribution under the Nimbra name, as well as live IP media function virtualization solutions under the Aperi name. The company also provides support, training, and professional services. It sells its products and services through its sales force and network partner. The company serves broadcasters, enterprises, service providers, content owners, and production companies. Net Insight AB (publ) was founded in 1997 and is headquartered in Solna, Sweden.

How the Company Makes Money

Net Insight generates revenue through a combination of software licensing, hardware sales, and service contracts. The majority of its income comes from the sale of its media transport solutions, which facilitate the transmission of high-quality video and data across networks. Additionally, the company offers maintenance and support services, creating a recurring revenue stream. Key partnerships with major telecom operators and broadcasters enhance its market reach and contribute significantly to its earnings. The increasing demand for high-definition content and the shift towards IP-based broadcasting systems further bolster Net Insight's financial performance.

Net Insight AB Class B Financial Statement Overview

Summary

Income statement weakness (revenue decline and sharply lower margins) and problematic cash flow (negative operating cash flow and poor free-cash-flow conversion) outweigh a relatively solid balance sheet with low leverage.

Income Statement

Net Insight AB Class B has experienced a decline in revenue growth with a negative growth rate of -1.61% in the TTM period. The gross profit margin has decreased to 56.33% from 61.31% in the previous year, indicating pressure on cost management. The net profit margin has significantly dropped to 0.32% from 11.68%, reflecting challenges in maintaining profitability. The EBIT and EBITDA margins have also declined, suggesting operational inefficiencies.

Balance Sheet

The company's balance sheet remains relatively strong with a low debt-to-equity ratio of 0.077, indicating low leverage and financial stability. However, the return on equity has decreased to 0.28%, reflecting reduced profitability. The equity ratio remains healthy, showing a strong equity base relative to total assets.

Cash Flow

Net Insight AB Class B faces significant challenges in cash flow management, with a negative free cash flow growth rate and a free cash flow to net income ratio of -6.27, indicating cash outflows relative to earnings. The operating cash flow is negative, which could impact liquidity and operational flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	537.80M	608.01M	559.37M	475.12M	380.69M	398.95M
Gross Profit	294.39M	372.79M	341.79M	297.66M	228.38M	243.71M
EBITDA	108.28M	171.18M	148.32M	132.05M	87.67M	28.28M
Net Income	5.87M	71.05M	60.10M	54.02M	23.80M	-9.20M
Balance Sheet
Total Assets	873.20M	834.78M	838.40M	845.20M	828.62M	862.37M
Cash, Cash Equivalents and Short-Term Investments	96.27M	232.94M	266.40M	307.15M	353.66M	281.98M
Total Debt	41.79M	13.29M	24.29M	32.17M	34.20M	45.73M
Total Liabilities	242.83M	188.41M	216.24M	240.11M	182.09M	169.76M
Stockholders Equity	630.37M	646.37M	622.16M	605.09M	646.53M	692.62M
Cash Flow
Free Cash Flow	-109.01M	24.93M	11.26M	58.09M	42.01M	-61.54M
Operating Cash Flow	-15.92M	128.24M	107.32M	148.83M	103.72M	15.87M
Investing Cash Flow	-93.09M	-103.31M	-96.29M	-90.90M	8.63M	224.66M
Financing Cash Flow	-34.49M	-59.13M	-52.72M	-104.98M	-41.30M	-7.91M

Net Insight AB Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.81
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NETI.B, the sentiment is Negative. The current price of 3.81 is above the 20-day moving average (MA) of 2.90, above the 50-day MA of 3.45, and below the 200-day MA of 3.86, indicating a bearish trend. The MACD of -0.47 indicates Positive momentum. The RSI at 14.57 is Positive, neither overbought nor oversold. The STOCH value of 1.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:NETI.B.

Net Insight AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TAGM.B	68 Neutral	kr269.51M	13.19	8.23%	―	14.89%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
EPEN	60 Neutral	kr3.41B	22.45	9.68%	1.11%	-1.85%	-16.44%
MAVEN	53 Neutral	kr277.24M	-39.01	-5.81%	―	-9.79%	-144.24%
GAPW.B	47 Neutral	kr513.08M	-9.33	-52.89%	―	53.78%	19.38%
INCOAX	44 Neutral	kr91.89M	-2.79	-24.59%	―	-48.24%	-48.99%
NETI.B	43 Neutral	kr701.88M	111.56	0.87%	―	-15.56%	-92.87%

Net Insight AB Class B Corporate Events

Net Insight Sets February Date for 2025 Year-End Report and Investor Webcast

Net Insight has announced that it will publish its year-end report for 2025 on 11 February 2026 at 07:30 CET, followed by a live web conference at 09:00 CET where CEO Andreas Eriksson and CFO Cecilia Höjgård Höök will present and comment on the results in English. The event, hosted via a Carnegie Live webcast and later available on demand, underscores the company’s effort to maintain transparent communication with investors and stakeholders as it reports on performance in its core markets of media transport, cloud-based workflows and network synchronization.

The most recent analyst rating on ($SE:NETI.B) stock is a Sell with a SEK2.50 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Flags Q4 Loss as Media Sales Weaken, 5G Time Sync Business Surges

Net Insight has issued a preliminary earnings update indicating a challenging fourth quarter of 2025, with net sales expected to fall to about SEK 117 million from SEK 134 million a year earlier and EBIT swinging to a loss of approximately SEK 5 million from a SEK 5 million profit. The decline was driven by weaker demand for media products in EMEA and APAC and currency headwinds from a weaker U.S. dollar, partly offset by stronger Americas sales following the launch of its new 400G product and a roughly 40 percent surge in time synchronization revenues to SEK 20 million as Türk Telekom accelerated its 5G-related rollout. Cost-saving measures implemented during 2025 reduced quarterly expenses and mitigated the earnings impact, but cash flow remained negative at SEK -14 million due to large component-related payments, signaling a quarter of operational and regional headwinds even as the newer product lines and 5G synchronization business gained traction.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK3.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Updates Nomination Committee Ahead of 2026 AGM

Net Insight has announced a change in its Nomination Committee ahead of the 2026 annual general meeting, with Jeffrey Meyers stepping down and Carina Ingerby, appointed by Wilda Go AB, joining as a new member. Following this change, the committee now comprises Stina Barchan of Briban Invest AB, Carina Ingerby of Wilda Go AB, Jesper Bergström of Handelsbanken Funds, and board chair Anna Söderblom, and shareholders have been invited to submit proposals to the committee by early February 2026, underscoring the company’s ongoing corporate governance process and shareholder influence over board composition.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Names CCO Andreas Eriksson as New CEO to Lead Next Growth Phase

Net Insight has appointed internal candidate Andreas Eriksson as its new chief executive officer, effective 12 January 2026, succeeding retiring CEO Crister Fritzson after a six-year tenure. Eriksson, currently chief commercial officer and a veteran of senior roles at Telstra Broadcast Services and Ericsson’s media businesses, is expected to drive the next phase of growth by further developing and expanding Net Insight’s media transport and time synchronization operations, while the company launches an immediate search for a new CCO and installs EMEA sales head Nadia Kolli as acting CCO, signaling a leadership transition designed to reinforce its strategic positioning in the broadcast and media technology market.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Expands APAC Presence With New Time Synchronization Trials in Japan

Net Insight has secured a new order from long‑time partner ITOCHU Cable Systems to continue and expand network‑based, GNSS‑resilient time synchronization trials across Japan, with delivery planned for the first quarter of 2026. The deal deepens Net Insight’s footprint in the strategically important APAC region and particularly in Japan, where operators preparing for 5G‑Advanced and beyond are increasingly prioritizing highly accurate, resilient, and simplified timing architectures; by positioning its network‑based synchronization technology at the core of these trials, Net Insight strengthens its role in next‑generation mobile and critical infrastructure deployments, potentially opening the door to broader commercial adoption and new business models for both companies.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Secures Major UK Deal for Nimbra Edge Deployment

Net Insight has been selected by a leading UK service provider to implement its Nimbra Edge media transport platform and Nimbra 400 appliances for live sports content contribution. This deployment, set to be operational by the 2025/2026 sports season, highlights Net Insight’s strong position in the media industry by providing scalable, reliable, and cost-efficient solutions. The collaboration underscores the trend of using internet-based delivery methods to enhance media reach, reflecting the company’s commitment to innovative IP and cloud-based workflows. The project is expected to grow alongside the customer’s evolving needs, emphasizing Net Insight’s software-driven business model that focuses on long-term value through recurring revenues.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight CEO Crister Fritzson Announces Retirement in 2026

Net Insight AB announced that its CEO, Crister Fritzson, will retire in 2026, prompting the board to start the search for a new CEO. Under Fritzson’s leadership, the company has strengthened its position in media solutions and launched innovative products like time synchronization for critical networks, positioning itself for continued success.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Achieves ISO 27001 Certification for Information Security

Net Insight AB has achieved ISO 27001 certification, a globally recognized standard for information security management. This certification underscores the company’s dedication to safeguarding information assets and maintaining robust security practices. The certification assures customers that their data and media assets are protected by stringent security controls, aiding in compliance and reducing security risks.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.00 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Secures First 400G IP Solution Deployment

Net Insight has achieved a significant milestone by securing the first commercial deployment of its 400G IP solution with a leading North American sports broadcaster. This deployment is designed to meet the increasing demand for high-capacity media transport driven by live sports and ultra-high-definition content, marking the beginning of a network evolution that will enhance the broadcaster’s live media operations and viewer experience.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.50 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Strengthens North American Presence with New Sales Director Appointment

Net Insight has appointed Timothy Paul as Director of Sales and Business Development for North America, focusing on synchronization. This strategic move aims to enhance the company’s commercial operations and respond to increased customer activities in the North American market. Timothy Paul, based in Atlanta, USA, brings extensive experience in telecommunications and technology sales, particularly in cloud technologies, 5G, and ICT infrastructure. His appointment is expected to accelerate Net Insight’s presence and foster long-term relationships with telecom operators in the region, aligning with the company’s growth strategy in the North American synchronization market.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK4.50 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.

Net Insight Reports Q3 2025 Earnings Improvement Amid Sales Decline

Net Insight AB reported a decrease in net sales by 5.6% in the third quarter of 2025, with a significant improvement in earnings due to increased sales and cost-saving measures. The company launched the world’s first 400G media platform, enhancing its market position and offering customers reduced costs and increased capacity. Despite geopolitical uncertainties, Net Insight remains focused on profitability and growth, driven by demand for major sporting events, remote production, and secure time synchronization for critical networks.

The most recent analyst rating on ($SE:NETI.B) stock is a Hold with a SEK3.50 price target. To see the full list of analyst forecasts on Net Insight AB Class B stock, see the SE:NETI.B Stock Forecast page.