Saniona AB (SANION) AI Stock Analysis

• Market Cap: kr1.26B
• Dividend Yield: N/A
• Average Volume (3M): 581.62K
• Price to Earnings (P/E): 4.7
• Beta (1Y): -0.30
• Revenue Growth: 1533.99%
• EPS Growth: N/A
• Country: SE
• Employees: 22
• Sector: Healthcare
• Sector Strength: 41
• Industry: Biotechnology
• EPS (TTM): 0.17
• Shares Outstanding: 135,521,840
• 10 Day Avg. Volume: 698,273
• 30 Day Avg. Volume: 581,620
• PEG Ratio: 0.02
• Price to Book (P/B): 3.86
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.50
• 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

• Rating: 77 Outperform
• Price Target: kr10.50 ▲(14.13%Upside)

Saniona AB's stock is rated highly due to strong financial performance and technical indicators. The financial recovery and low P/E ratio contribute to a favorable valuation. However, caution is warranted due to potential technical pullbacks.

Saniona AB Business Overview & Revenue Model

Company Description

Saniona AB is a Swedish biopharmaceutical company focused on developing treatments for central nervous system disorders, eating disorders, and rare diseases. The company's research is centered around ion channel drug discovery, leveraging its expertise to identify and advance novel therapeutic candidates. Saniona's core products include proprietary compounds in various stages of clinical development, intended to address unmet medical needs across its target sectors.

How the Company Makes Money

Saniona makes money primarily through the development and commercialization of its proprietary drug candidates. The company's revenue streams include proceeds from partnerships and collaborations with other pharmaceutical firms, which may involve milestone payments and royalties from successful product commercialization. Saniona also receives funding through research grants and public offerings to support its ongoing research and development activities. Additionally, the company may earn income from out-licensing its proprietary compounds or technology platforms to other entities in the pharmaceutical industry.

Saniona AB Financial Statement Overview

Summary

Saniona AB has shown a solid financial recovery and growth trajectory, with significant improvements across all financial statement metrics. The transition from a loss-making position to profitability, enhanced financial stability, and optimized cash flows are positive indicators. The strong balance sheet and cash flow position provide a cushion against potential volatility in the biotechnology industry.

Income Statement

Saniona AB has demonstrated impressive revenue growth, increasing from SEK 16.84M in 2023 to SEK 334.67M in 2024, showcasing a strong market traction in the biotechnology space. The gross profit margin improved significantly to 98.5% in 2024 from 69.9% in 2023, reflecting efficient cost management. Additionally, the net profit margin turned positive to 56.4% in 2024, indicating profitability after years of losses. However, the EBIT and EBITDA margins are high at 72.3% and 76.1%, respectively, showing robust operating performance.

Balance Sheet

The company's balance sheet shows strong financial stability, with a positive shift in stockholders' equity from negative SEK 21.94M in 2023 to positive SEK 231.82M in 2024. The debt-to-equity ratio decreased significantly to 0.05, underscoring a low leverage position which reduces financial risk. The equity ratio improved to 68.2%, highlighting a solid capital structure. This healthy financial position suggests reduced risk and potential for future growth.

Cash Flow

Saniona AB's cash flow statements reflect a remarkable turnaround. The free cash flow increased from negative SEK 85.66M in 2023 to positive SEK 249.07M in 2024, signaling strong cash generation capabilities. The operating cash flow to net income ratio is 1.32, indicating efficient cash management in relation to profits. Moreover, the free cash flow to net income ratio is 1.32, suggesting a healthy conversion of earnings into cash.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
334.67M	16.84M	15.28M	10.48M	8.20M
	Gross Profit
329.58M	11.78M	10.81M	5.85M	4.95M
	EBIT
241.88M	-81.06M	-225.72M	-411.57M	-159.38M
	EBITDA
251.90M	-68.28M	-196.00M	-398.86M	-64.64M
	Net Income Common Stockholders
188.71M	-95.81M	-245.36M	-410.90M	-73.43M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
303.26M	30.96M	111.71M	356.86M	573.87M
	Total Assets
339.73M	64.14M	153.70M	440.25M	692.18M
	Total Debt
10.50M	71.41M	81.52M	99.77M	47.51M
	Net Debt
-292.75M	40.45M	-30.18M	-257.08M	-526.36M
	Total Liabilities
107.92M	86.08M	100.99M	158.25M	88.72M
	Stockholders Equity
231.82M	-21.94M	52.71M	282.00M	603.46M
Cash Flow		Free Cash Flow
249.07M	-85.66M	-282.52M	-346.52M	-179.71M
	Operating Cash Flow
249.20M	-85.53M	-281.54M	-345.04M	-174.71M
	Investing Cash Flow
-124.00K	-129.00K	6.84M	43.16M	99.51M
	Financing Cash Flow
23.25M	-7.97M	-20.52M	50.60M	621.18M

Saniona AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SANION, the sentiment is Positive. The current price of 9.2 is above the 20-day moving average (MA) of 8.56, above the 50-day MA of 7.50, and above the 200-day MA of 6.30, indicating a bullish trend. The MACD of 0.46 indicates Negative momentum. The RSI at 61.33 is Neutral, neither overbought nor oversold. The STOCH value of 77.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:SANION.

Saniona AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SANION	77 Outperform	kr1.26B	4.71	152.78%	―	1533.99%	―
Sector *	54 Neutral	$5.31B	3.26	-45.10%	2.79%	16.76%	0.02%
SYNACT	48 Neutral	kr917.45M	―	-48.22%	―	―	67.70%
XBRANE	48 Neutral	kr379.37M	―	-47.73%	―	45.52%	93.35%
XSPRAY	47 Neutral	€1.16B	―	-42.24%	―	―	-19.44%
IRLAB.A	43 Neutral	kr367.75M	―	-194.31%	―	1643.36%	50.36%
GUARD	32 Underperform	kr375.12M	―	-205.65%	―	―	24.25%

Saniona AB Corporate Events

Saniona AB Annual Shareholders’ Meeting: Key Resolutions and Strategic Initiatives

Saniona AB held its annual shareholders’ meeting on May 28, 2025, where several key resolutions were adopted. The meeting approved the financial statements for 2024, decided against issuing dividends, and re-elected board members with new appointments in leadership roles. Additionally, the meeting authorized the board to issue new shares and adopted an employee option program, reflecting strategic moves to strengthen the company’s financial position and incentivize its workforce.

Saniona AB Reports Strong Q1 2025 with Key Developments

Saniona AB reported a strong start to 2025, with significant financial and operational milestones achieved in the first quarter. The company secured seed funding for its joint venture, advanced regulatory processes for tesofensine, and initiated manufacturing and toxicology studies for SAN2355. Additionally, Saniona extended its collaboration with Boehringer Ingelheim and completed a successful TO4 financing, strengthening its financial position and setting the stage for continued growth.

Saniona Appoints New CFO to Strengthen Financial Strategy

Saniona has appointed Johnny Stilou as Chief Financial Officer, bringing over 25 years of financial leadership experience to the company. His expertise in corporate finance and capital markets is expected to support Saniona’s financial strategy and investor relations as it advances its pipeline and seeks long-term financing solutions.