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Oneflow AB (SE:ONEF)
:ONEF
Sweden Market
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Oneflow AB (ONEF) AI Stock Analysis

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SE:ONEF

Oneflow AB

(ONEF)

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Neutral 55 (OpenAI - 5.2)
Rating:55Neutral
Price Target:
kr18.50
▼(-26.00% Downside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by improving financial performance (positive EBITDA and positive free cash flow, supported by low leverage), but is held back by continued net losses and negative ROE. Technical indicators are broadly neutral, while valuation is weak given the negative P/E and lack of dividend yield data.
Positive Factors
Revenue Growth
Strong recent revenue expansion indicates improving customer adoption of Oneflow’s contract lifecycle platform. Sustained growth can increase recurring SaaS scale, improve operating leverage, and strengthen the company’s competitive position over the next several quarters.
Negative Factors
Ongoing Net Losses
Despite operational improvement, Oneflow has not yet achieved durable profitability. Continued EBIT and net losses can consume equity, constrain reinvestment capacity, and increase dependence on sustained revenue growth and successful cost control to reach breakeven.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Strong recent revenue expansion indicates improving customer adoption of Oneflow’s contract lifecycle platform. Sustained growth can increase recurring SaaS scale, improve operating leverage, and strengthen the company’s competitive position over the next several quarters.
Read all positive factors

Oneflow AB (ONEF) vs. iShares MSCI Sweden ETF (EWD)

Oneflow AB Business Overview & Revenue Model

Company Description
Oneflow AB (publ) functions as a global Software-as-a-Service (SaaS) enterprise, dedicated to the development, commercialization, and deployment of digital platforms for contract administration and automation. Its offerings are specifically design...
How the Company Makes Money
Oneflow primarily makes money by selling access to its contract lifecycle management software as a subscription (SaaS). Revenue is typically generated through recurring fees tied to customer contracts (e.g., monthly or annual subscriptions), often...

Oneflow AB Financial Statement Overview

Summary
Financials are improving but not yet sustainably profitable. TTM revenue rose to 186.7m, EBITDA turned positive (~5.7% margin), and losses narrowed (net margin ~-10.7%). Cash flow also improved with positive operating cash flow (36.1m) and free cash flow (11.8m). Offsetting this, EBIT and net income remain negative, historical gross margin has been volatile (including a negative period), and ROE is still meaningfully negative (~-21.4%), indicating execution risk until profitability stabilizes.
Income Statement
54
Neutral
Balance Sheet
71
Positive
Cash Flow
60
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue186.67M170.60M135.73M99.67M69.18M43.62M
Gross Profit55.45M57.82M16.54M-53.11M15.92M62.01M
EBITDA10.68M-2.41M-45.55M-65.34M-58.52M-25.80M
Net Income-19.95M-51.10M-81.96M-95.51M-67.29M-31.10M
Balance Sheet
Total Assets224.09M232.85M270.55M245.63M309.81M102.75M
Cash, Cash Equivalents and Short-Term Investments47.00M43.34M105.26M100.60M211.65M35.21M
Total Debt10.53M14.96M9.52M13.62M9.34M46.67M
Total Liabilities137.90M137.56M123.38M108.70M79.20M90.89M
Stockholders Equity86.19M95.30M147.16M136.92M230.61M11.87M
Cash Flow
Free Cash Flow11.80M-53.98M-78.65M-103.95M-67.45M-27.65M
Operating Cash Flow36.13M-689.00K-26.62M-52.73M-28.89M-3.95M
Investing Cash Flow-48.01M-53.15M-51.98M-52.32M-39.47M-24.55M
Financing Cash Flow-8.38M-7.81M83.20M-5.95M244.78M25.23M

Oneflow AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price25.00
Price Trends
50DMA
17.56
Negative
100DMA
17.47
Positive
200DMA
20.14
Negative
Market Momentum
MACD
-0.04
Positive
RSI
46.03
Neutral
STOCH
32.37
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ONEF, the sentiment is Negative. The current price of 25 is above the 20-day moving average (MA) of 18.62, above the 50-day MA of 17.56, and above the 200-day MA of 20.14, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 46.03 is Neutral, neither overbought nor oversold. The STOCH value of 32.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:ONEF.

Oneflow AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
kr65.43M18.82-0.22%
62
Neutral
kr231.22M-101.88-2.10%25.37%-69.77%
62
Neutral
kr161.87M79.202.14%95.71%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
kr505.82M-25.0721.86%74.32%
51
Neutral
kr3.75B-26.0522.58%39.84%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:ONEF
Oneflow AB
17.55
-7.45
-29.80%
SE:DONE
24SevenOffice
7.99
-2.41
-23.17%
SE:LITI
Litium AB
11.90
-0.45
-3.61%
SE:FLOWS
Flowscape Technology AB
3.28
0.28
9.33%
SE:SFTR
Safeture AB
4.34
-0.66
-13.20%
SE:SEYE
Smart Eye AB
96.90
33.90
53.81%
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: Aug 17, 2026