Nicoccino Holding AB (NICO) AI Stock Analysis

• Market Cap: €21.90M
• Dividend Yield: N/A
• Average Volume (3M): 12.71K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.69
• Revenue Growth: 92.14%
• EPS Growth: -0.61%
• Country: SE
• Employees: 1
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Tobacco
• EPS (TTM): -0.05
• Shares Outstanding: 30,846,169
• 10 Day Avg. Volume: 533
• 30 Day Avg. Volume: 12,714
• PEG Ratio: 0.00
• Price to Book (P/B): 2.55
• Price to Sales (P/S): 104.91
• P/FCF Ratio: -5.69
• 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: 40 Underperform
• Price Target: kr1.00 ▲(40.85% Upside)

Nicoccino Holding AB's overall stock score is heavily impacted by its poor financial performance, characterized by persistent losses and inefficient cash management. Technical analysis further indicates a bearish trend, with the stock trading below key moving averages. The valuation is unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively contribute to a low overall stock score.

Positive Factors

Revenue Growth

Strong revenue growth indicates increasing demand for Nicoccino's products, suggesting successful market penetration and potential for future expansion.

Market Position

Positioning in the growing tobacco alternatives market provides opportunities for capturing health-conscious consumers, supporting long-term growth.

Balance Sheet Health

A strong balance sheet with low leverage enhances financial stability, providing resilience against economic fluctuations and supporting strategic investments.

Negative Factors

Profitability Challenges

Ongoing unprofitability and negative margins highlight operational inefficiencies, posing risks to financial sustainability and requiring strategic cost management.

Cash Flow Issues

Inability to generate positive cash flow from operations limits financial flexibility, potentially hindering growth initiatives and increasing reliance on external funding.

Operational Efficiency

Inefficient cost management affects profitability, necessitating improvements in operational processes to enhance margins and support long-term viability.

Nicoccino Holding AB Business Overview & Revenue Model

Company Description

Nicoccino Holding AB (NICO) is a Swedish company specializing in the development and distribution of innovative nicotine products. The company operates primarily in the tobacco alternatives sector, focusing on providing consumers with smokeless and tobacco-free options. NICO's core products include nicotine pouches and other nicotine delivery systems designed to offer a satisfying experience without the harmful effects associated with traditional smoking.

How the Company Makes Money

Nicoccino Holding AB generates revenue primarily through the sale of its nicotine products, including nicotine pouches, which are sold in various flavors and strengths. The company utilizes a direct-to-consumer model as well as partnerships with retailers and online platforms to distribute its products. Key revenue streams include both wholesale distribution to retailers and direct sales through its e-commerce platform. Additionally, strategic partnerships with distributors and collaborations with influential brands in the health and wellness sector contribute to its earnings, expanding its market reach and enhancing brand visibility.

Nicoccino Holding AB Financial Statement Overview

Summary

Nicoccino Holding AB faces significant financial challenges, with persistent unprofitability and negative cash flow. Despite revenue growth, inefficiencies in cost management and low gross profit margins hinder financial health. The balance sheet's strong equity position is overshadowed by ongoing losses.

Income Statement

Nicoccino Holding AB's income statement reveals a challenging financial landscape. The company experienced significant revenue growth from 2023 to 2024, yet it remains unprofitable with negative net income and EBIT margins. Despite the increase in revenue, the gross profit margin is low, indicating inefficiencies in cost management. Consistent losses impact overall financial health, reflected in the negative net profit margin.

Balance Sheet

The balance sheet shows a strong equity position, with a high equity ratio indicating low financial leverage. However, the company faces challenges with its return on equity due to persistent net losses. The debt-to-equity ratio remains low, which suggests conservative capital structure management, but profitability issues overshadow this strength.

Cash Flow

Cash flow analysis indicates difficulties in generating positive operational cash flow, with substantial negative free cash flow impacting liquidity. The company has not yet managed to translate revenue growth into positive cash generation, reflecting operational inefficiencies and a need for more effective cash management strategies to support long-term sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	591.00K	394.00K	163.00K	150.00K	56.00K	54.00K
Gross Profit	242.00K	62.00K	-5.00K	-531.00K	-460.00K	-79.00K
EBITDA	-6.21M	-5.96M	-6.36M	-6.74M	-5.49M	-4.86M
Net Income	-9.51M	-8.52M	-7.64M	-7.20M	-5.74M	-5.13M
Balance Sheet
Total Assets	23.86M	24.93M	30.68M	25.20M	18.56M	24.90M
Cash, Cash Equivalents and Short-Term Investments	803.00K	1.59M	5.74M	11.49M	14.71M	23.56M
Total Debt	1.18M	1.41M	1.19M	0.00	89.00K	204.00K
Total Liabilities	13.54M	8.73M	5.96M	769.00K	690.00K	1.30M
Stockholders Equity	10.32M	16.20M	24.73M	24.43M	17.87M	23.60M
Cash Flow
Free Cash Flow	-8.32M	-7.26M	-16.12M	-16.89M	-8.73M	-8.31M
Operating Cash Flow	-8.24M	-7.21M	-6.01M	-7.16M	-5.95M	-4.91M
Investing Cash Flow	-81.00K	-48.00K	-10.11M	-9.73M	-2.79M	-3.40M
Financing Cash Flow	7.08M	3.11M	10.36M	13.68M	-115.00K	19.84M

Nicoccino Holding AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.71
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NICO, the sentiment is Negative. The current price of 0.71 is below the 20-day moving average (MA) of 0.74, below the 50-day MA of 0.88, and below the 200-day MA of 1.34, indicating a bearish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 42.79 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:NICO.

Nicoccino Holding AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ACAD	79 Outperform	€10.40B	12.70	12.65%	2.31%	9.02%	29.93%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
HAYPP	57 Neutral	€4.73B	65.22	8.93%	―	2.79%	116.42%
NICO	40 Underperform	€21.90M	―	-98.88%	―	92.14%	-0.61%
LCLEAN	39 Underperform	€32.07M	―	-354.88%	―	-15.74%	44.98%
QLIFE	38 Underperform	kr19.48M	-0.30	―	―	376.81%	97.95%