Safeture AB (SFTR) AI Stock Analysis

• Market Cap: kr126.51M
• Dividend Yield: N/A
• Average Volume (3M): 11.76K
• Price to Earnings (P/E): 224.8
• Beta (1Y): 0.27
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: SE
• Employees: 30
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.01
• Shares Outstanding: 39,289,390
• 10 Day Avg. Volume: 2,094
• 30 Day Avg. Volume: 11,761
• PEG Ratio: 4.18
• Price to Book (P/B): 6.03
• Price to Sales (P/S): 3.10
• P/FCF Ratio: 0.00
• 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): kr64.10M

• Rating: 54 Neutral
• Price Target: kr3.50 ▼(-21.52% Downside)
• Action: Reiterated Date: 02/18/26
• Date: Action: Reiterated 02/18/26

The score is primarily supported by improving profitability/cash generation trends and a conservative, debt-free balance sheet. It is pulled down by the sharp 2025 revenue contraction, bearish technical setup (below key moving averages with negative MACD), and an elevated P/E with no dividend support.

Positive Factors

Conservative balance sheet

A debt-free balance sheet with rising equity materially reduces financial risk and gives management durable optionality. Over the next 2–6 months this supports funding of product development, sales initiatives, or temporary cash shortfalls without needing external financing, improving resilience.

Improving operating cash flow

Sustained positive operating cash flow signals improving core cash generation and lowers reliance on financing. This supports reinvestment in the platform and customer support, and provides a more stable base for ongoing operations and strategic initiatives over the medium term.

Shift to profitability

Transitioning from multi-year losses to small profits indicates the business model is approaching sustainable economics. If durable, this improves internal funding capacity, validates unit economics, and enhances management's ability to scale operations without recurring cash injections.

Negative Factors

Sharp revenue contraction

An ~81% revenue drop is a structural red flag: it erodes scale economies, undermines recurring revenue predictability, and weakens pricing leverage. Over several months this can reverse profitability gains, strain retention-driven revenue streams, and impair long-term growth prospects.

Volatile free cash flow

Highly variable free cash flow reduces the reliability of internally generated funds for investment or distributions. Volatility driven by reinvestment or working-capital swings complicates planning, increases reliance on the balance sheet buffer, and raises execution risk during growth or downturns.

Weak margins and low gross profit

Persistently thin operating margins and a very low 2025 gross profit level threaten sustainable earnings power. For a software provider, weak margins imply pricing pressure or cost inflexibility, limiting reinvestment capability and reducing the long-term return potential even if revenue stabilizes.

Safeture AB Business Overview & Revenue Model

Company Description

Safeture AB (publ) provides a cloud-based IT platform designed to manage risk, safety, and crises involving employees. The company offers Safeture Enterprise platform that has various functions and components, such as mobile apps, travel tracking, flight updates, global real time alerts, e-learning, bulk messaging, and country and medical information; and allows clients to adopt internal processes and integrate it with external suppliers. It also provides Safeture Travel Risk Management software, which offers real-time status on warnings, alerts, security information, and travel plans. The company was formerly known as GWS Production AB (publ) and changed its name to Safeture AB (publ) in June 2019. Safeture AB (publ) was founded in 2009 and is headquartered in Lund, Sweden.

How the Company Makes Money

Safeture AB Financial Statement Overview

Summary

Balance sheet strength (no reported debt and rising equity) and improved operating cash flow support a healthier financial profile than prior years. However, the ~81% revenue drop in 2025 and volatile free-cash-flow conversion are major risks that temper the score.

Income Statement

Profitability has improved materially versus 2020–2023 (moving from large losses to a small profit in 2024 and 2025), showing the model is getting closer to sustainable earnings. However, the latest year shows a sharp revenue decline in 2025 (down ~81% vs. 2024), which is a major red flag on business momentum. Margins were very weak in 2024 (near break-even at the operating level) and the 2025 gross profit level is extremely low versus revenue, suggesting pressure on pricing/costs or potential one-offs in the reported figures.

Balance Sheet

The balance sheet looks conservative with zero reported debt from 2022–2025 and steadily rising equity from 2023 to 2025, which lowers financial risk and provides flexibility. Total assets are stable-to-up over time, supporting a reasonable capital base for the business. The main weakness is that returns on equity were negative in 2022–2023 and only modestly positive in 2024, indicating profitability still needs to strengthen to fully capitalize on the solid balance-sheet position.

Cash Flow

Cash generation improved significantly versus the heavy cash burn in 2020–2022, with positive operating cash flow in 2024 and stronger operating cash flow in 2025. That said, free cash flow is volatile: positive in 2024 but reported at zero in 2025, implying reinvestment or working-capital swings reduced cash available after spending. The earlier period (2020–2022) also highlights that cash flow can be meaningfully negative in weaker operating environments.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	57.42M	56.95M	56.40M	56.35M	35.83M	26.80M
Gross Profit	66.09M	1.55M	22.09M	14.84M	35.74M	22.52M
EBITDA	8.24M	8.81M	220.00K	-5.97M	-16.63M	-22.82M
Net Income	1.10M	785.00K	507.00K	-6.45M	-17.13M	-23.32M
Balance Sheet
Total Assets	61.97M	56.98M	52.20M	51.07M	51.60M	43.82M
Cash, Cash Equivalents and Short-Term Investments	25.77M	31.06M	23.79M	19.14M	26.34M	18.07M
Total Debt	0.00	0.00	0.00	0.00	0.00	857.00K
Total Liabilities	33.49M	27.73M	23.81M	23.41M	17.70M	19.27M
Stockholders Equity	28.48M	29.25M	28.40M	27.66M	33.90M	24.55M
Cash Flow
Free Cash Flow	13.30M	0.00	4.42M	-13.00K	-18.69M	-21.36M
Operating Cash Flow	13.30M	16.53M	12.02M	-13.00K	-10.58M	-15.00M
Investing Cash Flow	-8.75M	-9.32M	-7.60M	-7.27M	-8.12M	-6.36M
Financing Cash Flow	68.00K	68.00K	226.00K	89.00K	26.96M	38.14M

Safeture AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CDMIL	62 Neutral	kr211.14M	-160.32	―	3.25%	-18.05%	-71.19%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SFTR	54 Neutral	kr126.51M	224.82	―	―	―	―
FLOWS	52 Neutral	kr58.38M	24.78	―	―	―	―
MOBA	46 Neutral	kr14.97M	-0.07	―	―	―	―
GREAT	44 Neutral	kr185.95M	-5.44	―	―	-69.94%	-7367.66%