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PowerCell Sweden AB
(PCELL)
PowerCell Sweden AB (PCELL) vs. iShares MSCI Sweden ETF (EWD)
PowerCell Sweden AB Business Overview & Revenue Model
PowerCell Sweden AB Earnings Call Summary
PowerCell Sweden AB Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 433.97M | 334.28M | 310.29M | 244.69M | 159.76M | 103.53M |
| Gross Profit | 198.29M | 116.17M | 124.01M | 113.02M | 49.03M | 25.78M |
| EBITDA | -2.94M | -22.06M | -27.23M | -22.95M | -44.04M | -51.13M |
| Net Income | -6.22M | -47.28M | -62.96M | -58.17M | -75.08M | -116.62M |
Balance Sheet | ||||||
| Total Assets | 556.96M | 662.44M | 425.11M | 473.95M | 521.33M | 564.69M |
| Cash, Cash Equivalents and Short-Term Investments | 9.52M | 218.92M | 70.81M | 196.86M | 332.51M | 416.85M |
| Total Debt | 21.06M | 73.82M | 28.14M | 31.46M | 37.22M | 72.40M |
| Total Liabilities | 148.14M | 248.74M | 149.68M | 141.07M | 137.88M | 107.13M |
| Stockholders Equity | 408.81M | 413.70M | 275.43M | 332.87M | 383.45M | 457.56M |
Cash Flow | ||||||
| Free Cash Flow | -166.30M | -65.27M | -124.17M | -138.31M | -84.23M | -14.36M |
| Operating Cash Flow | -129.05M | -18.57M | -95.69M | -120.51M | -66.34M | -3.86M |
| Investing Cash Flow | -51.62M | -46.54M | -28.17M | -24.39M | -17.92M | -10.79M |
| Financing Cash Flow | 124.68M | 224.69M | -8.78M | -8.46M | -7.52M | 2.54M |
PowerCell Sweden AB Technical Analysis
PowerCell Sweden AB Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | €115.60M | -10.30 | -1.58% | ― | 2.70% | 85.94% | |
52 Neutral | $2.49B | -400.56 | -1.63% | ― | 36.59% | 91.88% | |
51 Neutral | €60.14M | ― | -15.25% | ― | -0.97% | 41.20% | |
48 Neutral | kr187.74M | -3.07 | ― | ― | -57.89% | 91.07% | |
39 Underperform | kr992.39M | -13.73 | -40.77% | ― | 11.85% | 6.39% |
PowerCell Sweden AB Corporate Events
PowerCell Sweden AB has secured a 43 MSEK order for its M2Power 250 methanol-to-power system from a European shipyard, marking the second commercial contract for this platform. This order highlights the growing market interest in PowerCell’s methanol-to-power technology, which offers a zero-emission solution for shipowners looking to reduce emissions in existing vessels, thereby reinforcing PowerCell’s position in the clean energy sector.
The most recent analyst rating on (SE:PCELL) stock is a Hold with a SEK39.00 price target. To see the full list of analyst forecasts on PowerCell Sweden AB stock, see the SE:PCELL Stock Forecast page.
The recent earnings call for PowerCell Sweden AB painted a generally positive picture, highlighting significant growth metrics and operational resilience. The company reported a positive EBITDA, showcasing its industrial stability. However, the call also acknowledged challenges such as order volatility, regulatory setbacks, and cash flow concerns, providing a balanced view of the company’s current standing.
PowerCell Sweden AB is a leading company in the hydrogen electric solutions sector, known for its innovative fuel cell stacks and systems that cater to industries such as aviation, marine, and stationary power generation. In the third quarter of 2025, PowerCell reported a 19% increase in net sales, reaching SEK 85.8 million, and a gross profit rise to SEK 33.1 million, with a gross margin of 38.6%. Despite a net income loss of SEK 15.3 million, the company showed improved earnings per share at SEK -0.23 compared to the previous year. Key highlights include a significant contract with E-Cap Marine and a new order from Zeppelin Power Systems, indicating strong momentum in the marine and power generation sectors. PowerCell’s strategic focus on enhancing its product offerings and operational efficiency has resulted in a robust gross margin of 48.5% for the first nine months of 2025. The company is also investing in new technologies, such as the M2Power 250 and next-generation stack platform, to bolster its competitive edge. Looking ahead, PowerCell is poised for continued growth, supported by a stable order pipeline, regulatory clarity, and a strategic focus on scaling operations to meet increasing demand in the hydrogen sector.
PowerCell Sweden AB reported a 19% increase in net sales for the third quarter of 2025 compared to the same period last year, with a significant improvement in gross profit and margin. The company secured a SEK 43 million contract with E-Cap Marine for hydrogen-powered bulk carriers and a SEK 4.3 million order from Zeppelin Power Systems, indicating strong market demand and strategic growth initiatives.
The most recent analyst rating on (SE:PCELL) stock is a Hold with a SEK32.00 price target. To see the full list of analyst forecasts on PowerCell Sweden AB stock, see the SE:PCELL Stock Forecast page.
PowerCell Sweden AB has secured a SEK 4.3 million order from Zeppelin Power Systems for two Power Generation System 100 units as part of an EU-funded project in Greece. This initiative, under the Just Transition Fund, aims to support Greece’s transition to sustainable energy in Western Macedonia by integrating solar power, hydrogen production, and fuel-cell-based electricity generation. The collaboration enhances PowerCell’s position in the power generation segment, highlighting the growing demand for emission-free energy solutions and the potential for fuel cells in off-grid and mobile applications.
The most recent analyst rating on (SE:PCELL) stock is a Hold with a SEK32.00 price target. To see the full list of analyst forecasts on PowerCell Sweden AB stock, see the SE:PCELL Stock Forecast page.
PowerCell Sweden AB has announced that its third quarter report for 2025 will be released on October 23, followed by an online presentation and Q&A session. This event provides stakeholders an opportunity to engage with the company’s leadership and gain insights into its financial performance and strategic direction.
The most recent analyst rating on (SE:PCELL) stock is a Hold with a SEK32.00 price target. To see the full list of analyst forecasts on PowerCell Sweden AB stock, see the SE:PCELL Stock Forecast page.
PowerCell Sweden AB has secured a significant contract to supply fuel cell systems for the world’s first hydrogen-powered bulk carriers, to be built by GMI Rederi AS. This SEK 40 million contract involves the delivery of 14 Marine System 225 units, marking a pivotal step in the maritime sector’s shift towards zero-emission solutions. The project, supported by Norwegian government funds, is part of the Green Shipping Programme and highlights PowerCell’s expanding influence in hard-to-abate sectors, demonstrating the viability of hydrogen fuel cells as a competitive and sustainable alternative to fossil fuels.
The most recent analyst rating on (SE:PCELL) stock is a Hold with a SEK34.00 price target. To see the full list of analyst forecasts on PowerCell Sweden AB stock, see the SE:PCELL Stock Forecast page.
PowerCell Sweden AB is restructuring its management team to enhance focus on execution, delivery, and commercialization as it enters a new growth phase. The company is consolidating its management structure to improve agility and decision-making, integrating corporate functions, and introducing a new Chief Commercial Officer role. These changes aim to strengthen PowerCell’s commercial drive and capture future opportunities, with the new structure effective from October 1, 2025.
The most recent analyst rating on (SE:PCELL) stock is a Hold with a SEK34.00 price target. To see the full list of analyst forecasts on PowerCell Sweden AB stock, see the SE:PCELL Stock Forecast page.
PowerCell Sweden AB has appointed a Nomination Committee ahead of its 2026 Annual General Meeting, following principles established in April 2025. The committee includes representatives from major shareholders Robert Bosch, Axon Partners, and Per Ekdunge, with Uwe Zeise serving as chairperson. This move is part of PowerCell’s governance process, ensuring shareholder representation in decision-making, which could impact the company’s strategic direction and stakeholder engagement.
The most recent analyst rating on (SE:PCELL) stock is a Hold with a SEK28.00 price target. To see the full list of analyst forecasts on PowerCell Sweden AB stock, see the SE:PCELL Stock Forecast page.