Leverage Materially Reduced; Zero Reported DebtEliminating debt materially lowers financial risk and interest burden, giving management flexibility to fund operations or invest from equity and cash. A debt-free balance sheet improves solvency and reduces near-term refinancing pressure, supporting medium-term stability.

Recurring Service Revenue Mix (managed Services/retainers)A business model with recurring retainers and managed services creates steadier, more predictable revenue streams than one-off projects. This supports client stickiness, easier capacity planning, and scalable margins if utilization and pricing are maintained across the agency network.

Marked Reduction In Net Loss In Latest YearA large year-over-year reduction in net loss signals that cost controls, restructuring, or operational changes are materially improving the earnings trajectory. Sustained improvement could restore profitability if revenue stabilizes and margins recover.

Bears Say

Two Consecutive Years Of Revenue DeclinePersistent top-line contraction erodes scale economics and limits the company's ability to absorb fixed costs. Continued revenue declines threaten utilization, pricing leverage, and long-term margin recovery, making profitability harder even with cost reductions.

Sustained Cash Burn In 2024–2025Negative operating and free cash flow indicate the business is consuming liquidity to run operations. Even with no debt, persistent cash burn raises the risk of future funding needs, potential dilution, or reduced investment in client-facing capabilities over the medium term.

Profitability Still Structurally WeakDeep historical losses and continued negative gross/operating margins suggest the core service economics remain challenged. Without durable margin improvement from pricing, mix, or efficiency, the company may struggle to generate sustainable profits even if revenue stabilizes.

REFINE FAQ

What was Refine Group AB’s price range in the past 12 months?

Refine Group AB lowest stock price was kr0.10 and its highest was kr0.77 in the past 12 months.

What is Refine Group AB’s market cap?

Refine Group AB’s market cap is kr22.27M.

When is Refine Group AB’s upcoming earnings report date?

Refine Group AB’s upcoming earnings report date is May 08, 2026 which is in 64 days.

How were Refine Group AB’s earnings last quarter?

Refine Group AB released its earnings results on Feb 13, 2026. The company reported kr0.062 earnings per share for the quarter, beating the consensus estimate of N/A by kr0.062.

Is Refine Group AB overvalued?

According to Wall Street analysts Refine Group AB’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Refine Group AB pay dividends?

Refine Group AB does not currently pay dividends.

What is Refine Group AB’s EPS estimate?

Refine Group AB’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Refine Group AB have?

Refine Group AB has 148,487,170 shares outstanding.

What happened to Refine Group AB’s price movement after its last earnings report?

Refine Group AB reported an EPS of kr0.062 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -9.091%.

Which hedge fund is a major shareholder of Refine Group AB?

Currently, no hedge funds are holding shares in SE:REFINE

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Refine Group AB

Refine Group AB (publ) operates resale marketplaces and develops a SaaS platform and logistics solution for brands companies in Sweden. The company operates through three business areas: Technology, Logistics, and Ecommerce. It offers Yaytrade, a fashion-tech e-commerce platform for consumers to buy second-hand, overstock, and samples; RE/WAY, an online consignment platform for men's and women's authenticated luxury clothing, bags, shoes, and accessories; and Spherio Solutions, a recommerce website and logistics for outgoing stock, samples, and second-hand items. The company was incorporated in 2015 and is based in Stockholm, Sweden.