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Senzime AB (SE:SEZI)
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Senzime AB (SEZI) AI Stock Analysis

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SE:SEZI

Senzime AB

(SEZI)

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Neutral 44 (OpenAI - 4o)
Rating:44Neutral
Price Target:
kr6.00
▲(1.01% Upside)
Senzime AB's overall score is primarily impacted by its financial performance, which shows revenue growth but significant profitability and cash flow challenges. Technical analysis indicates mixed signals with bearish momentum, while valuation metrics highlight ongoing financial losses.

Senzime AB (SEZI) vs. iShares MSCI Sweden ETF (EWD)

Senzime AB Business Overview & Revenue Model

Company DescriptionSenzime AB (publ), a medical device company, develops and markets patient monitoring systems to monitor patients under anesthesia in Europe, Oceania, Asia, Canada, and the United States. The company offers TetraGraph, a monitor that stimulates, measures, analyzes, and displays muscle function in surgical patients receiving neuromuscular blocking agents; TetraSens electrode array, which has two proximal stimulating electrodes for recording and reference; TetraConnect, a data management portal that helps clinician to access, view, and export data records from the TetraGraph in PDF or Excel format; TetraGraph Device Connectivity, which transfers data from the TetraGraph Monitor to patient monitoring systems; and TetraGraph Philips Interface that enables the transmission of neuromuscular monitoring parameters, TOFC, TOFR, PTC, and TOF bars to Philips patient monitors, as well as TetraGraph readings are displayed on the Philips Intellivue Monitor. It also develops CliniSenz Analyzer for postoperative and continuous patient monitoring in hospital environments; and Onzurf Probe, a sterile CE-marked single use product based on micro-dialysis technology that enables continuous sampling from gastro-intestinal organs, such as esophagus, stomach, and liver. Senzime AB (publ) has a strategic license and connectivity agreement with Masimo to develop and market the TetraGraph Smart Cable Module that connects directly to Root monitoring system, as well as to their digital hubs to interface with the hospital clinical information system/electronic health records. The company was incorporated in 1999 and is based in Uppsala, Sweden.
How the Company Makes MoneySenzime AB generates revenue through the sale of its medical monitoring devices and associated software solutions. The company has established a subscription-based model for its cloud-based monitoring services, which allows healthcare providers to access real-time analytics and reporting tools, enhancing their operational efficiency. Key revenue streams include direct sales to hospitals and healthcare institutions, recurring subscription fees for ongoing software services, and potential partnerships with medical device distributors and healthcare organizations that facilitate the adoption of Senzime's technologies. Additionally, the company may benefit from grants, research funding, and collaborations with other entities in the medical field, which can further bolster its earnings.

Senzime AB Earnings Call Summary

Earnings Call Date:Oct 29, 2025
(Q3-2024)
|
% Change Since: |
Next Earnings Date:Feb 18, 2026
Earnings Call Sentiment Positive
The earnings call highlighted strong sales growth and successful market expansion, particularly in the U.S. and Asia. The launch of the next generation TetraGraph and successful capital raise were notable achievements. However, challenges such as currency effects, softer monitor sales in the U.S., and slower growth in Europe were acknowledged. Overall, the positive achievements outweighed the challenges.
Q3-2024 Updates
Positive Updates
Strong Sales Growth
Achieved SEK 17.4 million in sales for Q3 2024, corresponding to 90% sales growth, with the U.S. market growing by 81%.
Expansion and Market Penetration
Secured over 500 hospitals with the TetraGraph system and achieved significant hospital wins, including a major U.S. healthcare system.
Successful Capital Raise
Raised SEK 86 million through a directed share issue to both existing and new investors.
Launch of Next Generation TetraGraph
Introduced the next generation TetraGraph, featuring advanced features and increased accuracy, receiving positive market feedback.
Partnership Success in Asia
Strong growth in Asian markets, particularly in Japan and South Korea, driven by partnerships with local companies.
Negative Updates
Currency Effects on Sales
Currency effects negatively impacted top-line sales due to fluctuations in the Swedish krona.
Soft Monitor Sales in the U.S.
Monitor sales were softer in Q3, particularly in the U.S., attributed to seasonal effects and comparative deals from the previous year.
Challenges in European Market
Slower growth in Europe due to the stronghold of legacy AMG technology and slower adoption of new technologies.
Gross Margin Pressure
Gross margins were softer due to lower price levels on monitors, particularly in the U.S.
Company Guidance
In the Q3 2024 earnings call for Senzime, CEO Philip Siberg reported robust financial performance with SEK 17.4 million in sales, marking a 90% year-over-year growth, despite negative currency effects impacting the top line. The U.S. market, which constitutes 75% of their business, experienced an 81% increase in sales. The company has placed nearly 2,900 TetraGraph systems globally, with a utilization rate approaching 0.5 million monitored patients. Siberg highlighted that the company's long-term goals include reaching SEK 250-350 million in revenue by 2026 and achieving SEK 1 billion in sales eventually. The recent SEK 86 million capital raise and the introduction of the next-generation TetraGraph system aim to boost gross margins and maintain scalable operations. Despite a temporarily softer gross margin in Q3 due to U.S. pricing dynamics, the outlook remains positive with continued growth in sensor sales across the U.S. and Asia, and strategic partnerships to foster market expansion.

Senzime AB Financial Statement Overview

Summary
Senzime AB is experiencing revenue growth but faces significant profitability and cash flow challenges. The company maintains a stable balance sheet with low leverage, but negative returns and cash flows suggest a need for strategic improvements to achieve sustainable profitability.
Income Statement
35
Negative
Senzime AB has shown a positive revenue growth rate of 15.43% in the TTM, indicating potential market expansion. However, the company struggles with profitability, as evidenced by negative net profit and EBIT margins. The gross profit margin has improved over time, but the company remains unprofitable with significant net losses.
Balance Sheet
45
Neutral
The company maintains a low debt-to-equity ratio, suggesting conservative leverage and financial stability. However, the return on equity is negative, reflecting ongoing losses and inefficiencies in generating shareholder value. The equity ratio indicates a strong equity base relative to total assets.
Cash Flow
30
Negative
Senzime AB's cash flow situation is challenging, with negative operating and free cash flows. The free cash flow to net income ratio is above 1, indicating that cash flows are less negative than net income. However, the negative free cash flow growth rate and operating cash flow coverage ratio highlight ongoing cash flow difficulties.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue80.63M58.48M35.75M14.03M10.98M9.34M
Gross Profit32.92M20.12M8.34M-4.39M-4.92M-7.90M
EBITDA-84.03M-95.53M-118.82M-120.05M-73.20M-36.96M
Net Income-126.40M-118.73M-134.15M-132.70M-82.14M-47.45M
Balance Sheet
Total Assets435.22M424.53M433.54M322.68M174.62M258.89M
Cash, Cash Equivalents and Short-Term Investments132.16M100.94M151.01M26.04M74.87M160.31M
Total Debt14.94M22.67M11.47M13.04M1.63M2.40M
Total Liabilities63.82M78.67M58.06M60.78M24.04M27.55M
Stockholders Equity371.40M345.86M375.48M261.90M150.58M231.35M
Cash Flow
Free Cash Flow-125.35M-126.28M-121.73M-141.89M-84.30M-38.66M
Operating Cash Flow-103.29M-105.94M-113.91M-136.78M-81.33M-38.34M
Investing Cash Flow-22.06M-20.34M-7.82M-4.98M-2.97M-327.00K
Financing Cash Flow177.55M75.86M246.51M92.36M-945.00K167.69M

Senzime AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price5.94
Price Trends
50DMA
6.22
Negative
100DMA
6.11
Negative
200DMA
5.66
Positive
Market Momentum
MACD
-0.07
Negative
RSI
46.31
Neutral
STOCH
83.28
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SEZI, the sentiment is Negative. The current price of 5.94 is above the 20-day moving average (MA) of 5.92, below the 50-day MA of 6.22, and above the 200-day MA of 5.66, indicating a neutral trend. The MACD of -0.07 indicates Negative momentum. The RSI at 46.31 is Neutral, neither overbought nor oversold. The STOCH value of 83.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SEZI.

Senzime AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
€1.11B43.196.93%-5.80%-65.99%
$7.86B-0.30-43.30%2.27%22.53%-2.21%
kr1.44B36.23%63.14%
$932.29M-6.14-36.55%62.24%21.16%
€1.05B-25.90-4.42%13.48%28.98%
kr615.02M-6.81%-8.10%62.08%
€183.05M-5.61-18.35%-5.63%-1373.99%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:SEZI
Senzime AB
5.94
-0.34
-5.41%
SE:BACTI.B
Bactiguard Holding AB
17.55
-22.95
-56.67%
SE:CRAD.B
C-Rad AB Class B
33.20
3.70
12.54%
SE:INTEG.B
Integrum AB Class B
8.50
-16.20
-65.59%
SE:SEDANA
Sedana Medical AB
10.46
-1.04
-9.04%
SE:OSSD
OssDsign AB
13.00
6.78
109.00%

Senzime AB Corporate Events

Senzime AB Reports Strong Q3 2025 Growth
Oct 30, 2025

Senzime AB, a medical technology company, specializes in developing algorithm-based patient monitoring systems to prevent anesthesia-related complications. In its latest earnings report for Q3 2025, Senzime highlighted significant growth with net sales increasing by 52% compared to the previous year, driven by strong performance in the U.S. market and strategic deals. The company reported an improved EBITDA and a strengthened cash position, despite challenges from currency fluctuations and new U.S. tariffs. Key strategic moves included expanding its TetraGraph system’s market presence and launching new software, EMGINE™, to enhance patient monitoring capabilities. Looking ahead, Senzime remains focused on leveraging its technological advancements and strategic partnerships to drive further growth and profitability in the global market.

Senzime Unveils EMGINE Software to Enhance Neuromuscular Monitoring
Oct 8, 2025

Senzime AB has launched EMGINE, a next-generation software suite for its TetraGraph® platform, aimed at advancing neuromuscular monitoring. This new technology, which will be showcased at the ANESTHESIOLOGY 2025 conference, is built on extensive real-world data and offers enhanced patient safety and compliance with international guidelines. The EMGINE software, featuring advanced algorithms and noise-reduction technology, is expected to strengthen Senzime’s position in the medical device industry by providing hospitals with state-of-the-art monitoring capabilities.

The most recent analyst rating on (SE:SEZI) stock is a Hold with a SEK6.00 price target. To see the full list of analyst forecasts on Senzime AB stock, see the SE:SEZI Stock Forecast page.

Senzime Embraces New Pediatric Guidelines for EMG-Based Monitoring
Oct 3, 2025

Senzime AB has welcomed new European pediatric guidelines recommending EMG-based neuromuscular monitoring during anesthesia, a technology utilized by their TetraGraph system. This development is significant for pediatric patient safety and presents new market opportunities for Senzime, as their system is specifically designed for pediatric use and is already in use at leading hospitals.

The most recent analyst rating on (SE:SEZI) stock is a Hold with a SEK6.00 price target. To see the full list of analyst forecasts on Senzime AB stock, see the SE:SEZI Stock Forecast page.

Senzime Secures Major U.S. Defense Contract for TetraGraph System
Sep 17, 2025

Senzime AB has secured a significant contract with the U.S. Department of Defense to supply its TetraGraph system to Walter Reed National Military Medical Center, marking a major commercial milestone. This partnership highlights Senzime’s commitment to patient safety and its strong market position, as the TetraGraph system is widely used in operating rooms globally to ensure accurate dosing of neuromuscular blocking agents, enhancing patient recovery post-surgery.

The most recent analyst rating on (SE:SEZI) stock is a Hold with a SEK6.50 price target. To see the full list of analyst forecasts on Senzime AB stock, see the SE:SEZI Stock Forecast page.

Senzime to Present at Pareto Healthcare Conference
Sep 12, 2025

Senzime AB announced its participation in the Pareto Securities’ 16th Annual Healthcare Conference, where CEO Philip Siberg will present the company’s advancements. This participation underscores Senzime’s commitment to engaging with industry professionals and investors, potentially enhancing its market presence and stakeholder relations.

The most recent analyst rating on (SE:SEZI) stock is a Hold with a SEK6.50 price target. To see the full list of analyst forecasts on Senzime AB stock, see the SE:SEZI Stock Forecast page.

Senzime Integrates TetraGraph System with Mindray Monitors
Sep 12, 2025

Senzime AB has announced the integration of its TetraGraph neuromuscular monitoring system with Mindray’s patient monitors, enhancing data connectivity and real-time patient data transfer. This integration strengthens Senzime’s competitive position by offering the broadest range of connectivity options in the industry, aligning with its strategy to make its technology a standard of care in hospitals worldwide.

The most recent analyst rating on (SE:SEZI) stock is a Hold with a SEK6.50 price target. To see the full list of analyst forecasts on Senzime AB stock, see the SE:SEZI Stock Forecast page.

Senzime Poised for Growth with New Japanese Anesthesia Guidelines
Sep 9, 2025

Senzime AB has announced that the Japanese Society of Anesthesiology has updated its clinical guidelines to require quantitative neuromuscular monitoring during anesthesia, which is expected to boost the adoption of Senzime’s TetraGraph system in Japan. With the new guidelines aligning with global trends and Senzime’s existing installations in Japanese hospitals, the company anticipates increased utilization of its monitoring systems, potentially improving patient outcomes and expanding its market presence in Japan.

The most recent analyst rating on (SE:SEZI) stock is a Hold with a SEK6.50 price target. To see the full list of analyst forecasts on Senzime AB stock, see the SE:SEZI Stock Forecast page.

Senzime to Present at European Growth Virtual Investor Conference
Sep 8, 2025

Senzime AB announced that its CEO, Philip Siberg, will present at the European Growth Virtual Investor Conference on September 11, 2025. This event provides an opportunity for investors to engage with the company in real-time, potentially impacting Senzime’s visibility and investor relations in the healthcare monitoring industry.

The most recent analyst rating on (SE:SEZI) stock is a Hold with a SEK6.50 price target. To see the full list of analyst forecasts on Senzime AB stock, see the SE:SEZI Stock Forecast page.

California University Hospital System Adopts Senzime’s TetraGraph for Neuromuscular Monitoring
Sep 4, 2025

Senzime AB announced that a major university hospital system in California has standardized on its TetraGraph system for neuromuscular monitoring, with an initial order of 35 systems to be used in operating rooms for over 10,000 surgeries annually. This strategic win enhances Senzime’s market position in the US, as hospitals seek to comply with guidelines and improve patient safety, while the TetraGraph system’s scalable business model continues to drive growth in a large, underpenetrated market.

The most recent analyst rating on (SE:SEZI) stock is a Hold with a SEK6.50 price target. To see the full list of analyst forecasts on Senzime AB stock, see the SE:SEZI Stock Forecast page.

Senzime Expands TetraGraph Installations in Leading US Hospital System
Aug 5, 2025

Senzime has achieved a significant milestone by securing the installation of its TetraGraph system across all sites of a top-ranked US hospital system. This expansion is expected to impact approximately 15,000 patients annually, reinforcing Senzime’s position in the market and aligning with clinical guidelines for neuromuscular monitoring. The TetraGraph system, developed through over 40 years of research, offers proprietary capabilities that enhance patient safety and compliance with clinical standards.

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: Nov 01, 2025