Poolia AB Class B (PION.B) AI Stock Analysis

• Market Cap: kr254.37M
• Dividend Yield: N/A
• Average Volume (3M): 23.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.12
• Revenue Growth: -17.32%
• EPS Growth: 36.05%
• Country: SE
• Employees: 2,396
• Sector: Industrials
• Sector Strength: 72
• Industry: Staffing & Employment Services
• EPS (TTM): 0.07
• Shares Outstanding: 37,311,430
• 10 Day Avg. Volume: 5,428
• 30 Day Avg. Volume: 23,168
• PEG Ratio: -0.01
• Price to Book (P/B): 2.16
• Price to Sales (P/S): 0.18
• P/FCF Ratio: 114.57
• 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: 47 Neutral
• Price Target: kr5.50 ▲(4.56% Upside)

The score is held back primarily by weak financial performance (declining revenue, ongoing losses, and negative operating/free cash flow), only partly offset by manageable leverage. Technical indicators are mildly positive (above short-term moving averages with positive MACD), but stretched stochastic readings limit upside. Valuation is constrained by a negative P/E and lack of dividend yield data.

Positive Factors

Manageable leverage

A low debt-to-equity ratio (~0.27) provides durable financial flexibility to absorb short-term cash outflows, fund working capital and targeted investments, and avoid urgent refinancing. Over the next several months this reduces insolvency risk and gives management time to restore operating performance.

Diversified staffing services

A broad service mix across multiple sectors smooths revenue cyclicality and increases addressable market. Structural demand for skilled labor in finance, IT, healthcare and engineering supports medium-term demand, enabling cross-sell and resilience while management focuses on improving utilization and margins.

EBITDA recovery

Transition to positive EBITDA signals improving operating discipline and potential operating leverage. If sustained, this trend can stabilize earnings, support a shift back to positive cash generation, and provide a foundation for reinvestment or deleveraging over the coming 2–6 months.

Negative Factors

Declining revenue

Material top-line decline undermines margin recovery and scalability of the business. Continued revenue contraction limits pricing power and utilization improvements, making it harder for operating gains to translate into sustained profit and cash-flow improvement over the medium term.

Negative cash flow

Persistent negative operating and free cash flow increases dependency on the balance sheet or external financing, constraining ability to invest in growth or workforce development. Over several months this raises liquidity risk and limits strategic options if cash burn persists.

Negative ROE / weak returns

A deeply negative ROE indicates the company is destroying shareholder value and struggling to generate returns on capital. Sustained negative returns deter new equity investment and increase pressure on management to deliver tangible profit recovery to regain investor confidence.

Poolia AB Class B Business Overview & Revenue Model

Company Description

PION Group AB (publ) operates as a staffing and recruitment company in Sweden, Finland, Norway, and Germany. The company also provides executive search and interim management services. It offers staffing services in the areas of IT, law, life science, sales and marketing, finance, banking and finance, administration, engineering, HR and salary, and purchasing and logistics. The company provides its services under the QRIOS, Workspace Recruit, Poolia, Uniflex, and Roi Rekrytering. The company was formerly known as Poolia AB (publ) and changed its name to PION Group AB (publ) in September 2022. PION Group AB (publ) was founded in 1989 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

Poolia AB generates revenue primarily through its staffing services, which include placing temporary and permanent workers in client companies. The company charges clients a fee based on the salaries of the placed employees, which typically includes a markup for the services provided. Key revenue streams include fees from temporary staffing, permanent placements, and consultancy services. Additionally, Poolia has established partnerships with various organizations and businesses, enhancing its ability to fulfill staffing needs and secure contracts. Economic factors such as employment trends and demand for skilled labor also significantly influence the company's earnings potential.

Poolia AB Class B Financial Statement Overview

Summary

Poolia AB Class B faces significant financial challenges, with declining revenues and profitability impacting its financial health. The balance sheet remains stable with low leverage, but cash flow volatility and negative profitability metrics highlight the need for strategic improvements.

Income Statement

Poolia AB Class B has experienced declining revenue and profitability over recent periods, with negative net profit margins and EBIT margins in the TTM. The company showed a negative revenue growth rate of -3.74% in the TTM, indicating a challenging market environment. However, the gross profit margin has slightly improved compared to the previous year, suggesting some operational efficiency.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio of 0.1236 in the TTM, indicating conservative leverage. However, the return on equity is negative, reflecting the company's struggles with profitability. The equity ratio remains stable, suggesting a solid capital structure despite financial challenges.

Cash Flow

Cash flow analysis reveals significant volatility, with a dramatic decline in free cash flow growth rate at -315% in the TTM. The operating cash flow to net income ratio is low, indicating potential issues in converting earnings into cash. However, the free cash flow to net income ratio remains relatively high, suggesting some resilience in cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.42B	1.60B	2.02B	2.09B	1.90B	1.46B
Gross Profit	59.60M	52.60M	83.28M	73.93M	154.82M	15.76M
EBITDA	17.70M	-900.00K	23.34M	103.31M	124.15M	41.90M
Net Income	-27.50M	-62.90M	-14.42M	60.90M	80.62M	7.08M
Balance Sheet
Total Assets	456.20M	440.70M	650.85M	680.03M	636.85M	498.86M
Cash, Cash Equivalents and Short-Term Investments	4.80M	10.10M	46.79M	101.27M	121.68M	64.12M
Total Debt	34.40M	21.10M	38.30M	33.99M	27.68M	38.99M
Total Liabilities	327.60M	308.00M	443.50M	445.95M	423.37M	337.65M
Stockholders Equity	128.40M	132.50M	206.18M	232.53M	212.69M	160.30M
Cash Flow
Free Cash Flow	-2.40M	2.50M	32.19M	66.94M	106.98M	58.50M
Operating Cash Flow	-2.00M	4.10M	34.38M	68.88M	107.70M	61.01M
Investing Cash Flow	1.60M	-2.60M	-34.93M	-19.35M	-1.17M	-2.51M
Financing Cash Flow	-5.40M	-38.50M	-53.67M	-71.67M	-49.53M	-23.19M

Poolia AB Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.26
• 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:PION.B, the sentiment is Negative. The current price of 5.26 is below the 20-day moving average (MA) of 5.43, below the 50-day MA of 5.42, and below the 200-day MA of 5.65, indicating a bearish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 47.21 is Neutral, neither overbought nor oversold. The STOCH value of 51.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:PION.B.

Poolia AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DEDI	74 Outperform	kr411.67M	10.27	―	5.95%	-17.43%	-39.61%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
EWRK	56 Neutral	kr1.67B	15.50	―	7.11%	-12.29%	-18.24%
PION.B	47 Neutral	kr254.37M	-9.25	-18.85%	―	-17.32%	36.05%
WISE	43 Neutral	kr94.97M	-5.03	-29.57%	―	-20.88%	14.14%