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SpectrumOne AB (SE:SPEONE)
:SPEONE
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SpectrumOne AB (SPEONE) AI Stock Analysis

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SE:SPEONE

SpectrumOne AB

(SPEONE)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
kr0.18
▲(18.67% Upside)
Action:Reiterated
Date:05/28/26
The score is held back primarily by weak financial performance—declining revenue, negative gross profit, large losses, and sustained operating cash burn—despite low reported debt. Technical momentum is supportive and partially offsets fundamentals, while valuation remains unattractive/unclear due to negative earnings (negative P/E).
Positive Factors
SaaS subscription revenue model
A subscription-based SaaS model creates recurring revenue and higher customer lifetime value, supporting predictable cash inflows and scalable margins over time. For a data/CRM provider, this enables long-term upsell, multi-year contracts and operational leverage if customer retention stabilizes.
Negative Factors
Sharp revenue decline
Sustained, large revenue declines undermine SaaS scalability and make it harder to cover fixed product and R&D costs. Falling top line pressures customer acquisition economics, reduces leverage on operating expenses and lengthens the path to profitability absent clear recovery in bookings or retention.
Read all positive and negative factors
Positive Factors
Negative Factors
SaaS subscription revenue model
A subscription-based SaaS model creates recurring revenue and higher customer lifetime value, supporting predictable cash inflows and scalable margins over time. For a data/CRM provider, this enables long-term upsell, multi-year contracts and operational leverage if customer retention stabilizes.
Read all positive factors

SpectrumOne AB (SPEONE) vs. iShares MSCI Sweden ETF (EWD)

SpectrumOne AB Business Overview & Revenue Model

Company Description
SpectrumOne AB (publ) is a technology enterprise offering a comprehensive range of platforms for data management, analysis, and communication. These solutions empower clients, both within Sweden and across international markets, to enhance and scr...
How the Company Makes Money
SpectrumOne makes money through the sale of its proprietary software-as-a-service (SaaS) platforms, which offer subscription-based revenues from clients utilizing its data analytics and CRM solutions. These tools often target businesses seeking to...

SpectrumOne AB Financial Statement Overview

Summary
Financial performance is very weak: revenue declined ~22% TTM, gross profit is negative in the latest two periods, and the company is deeply loss-making with persistent negative operating cash flow (TTM ~-29.4M). The main offset is reduced leverage with zero reported debt and positive equity, but ongoing losses and cash burn dominate.
Income Statement
18
Very Negative
Balance Sheet
56
Neutral
Cash Flow
22
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue2.73M3.50M12.08M23.34M74.05M60.80M
Gross Profit-5.18M-25.63M-1.47M602.00K10.15M13.71M
EBITDA7.90M-10.17M97.37M-82.97M-26.78M-133.34M
Net Income-69.53M-32.46M65.33M-96.65M-82.50M-154.09M
Balance Sheet
Total Assets69.40M146.53M170.46M62.03M171.25M297.00M
Cash, Cash Equivalents and Short-Term Investments2.00M1.41M5.97M1.38M3.55M13.97M
Total Debt0.000.0022.94M42.75M30.00M46.14M
Total Liabilities7.90M40.81M32.60M61.41M73.05M77.81M
Stockholders Equity61.51M105.72M137.86M619.00K98.20M219.19M
Cash Flow
Free Cash Flow0.000.00-35.70M-10.52M-18.22M-32.45M
Operating Cash Flow-29.37M-18.64M-35.70M-10.52M-14.35M-32.45M
Investing Cash Flow34.77M-6.70M59.36M6.99M-10.68M-208.34M
Financing Cash Flow-6.04M20.78M-19.07M1.38M14.61M194.61M

SpectrumOne AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.15
Price Trends
50DMA
0.18
Negative
100DMA
0.17
Positive
200DMA
0.17
Positive
Market Momentum
MACD
<0.01
Positive
RSI
44.44
Neutral
STOCH
42.79
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SPEONE, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.18, and below the 200-day MA of 0.17, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 44.44 is Neutral, neither overbought nor oversold. The STOCH value of 42.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SPEONE.

SpectrumOne AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
kr73.66M21.43-0.22%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
kr47.75M-3.2315.80%-80.23%
49
Neutral
kr67.17M-0.93-32.53%-66.53%-205.87%
49
Neutral
kr37.77M-0.70-28.58%-1329.84%
48
Neutral
kr115.34M-1.96-76.48%-9.40%33.81%
47
Neutral
kr74.32M-7.77
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:SPEONE
SpectrumOne AB
0.17
-0.09
-35.09%
SE:ALBERT
eEducation Albert AB
4.34
1.26
40.91%
SE:FLOWS
Flowscape Technology AB
3.72
0.72
24.00%
SE:COMPDM
Compodium International AB
5.70
-0.55
-8.80%
SE:MOBA
M.O.B.A. Network AB
1.65
-4.80
-74.42%
SE:CHARGE
ChargePanel AB
1.77
0.13
7.62%
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: May 28, 2026