Tessin Nordic Holding AB (TESSIN) AI Stock Analysis

• Market Cap: kr32.08M
• Dividend Yield: N/A
• Average Volume (3M): 632.88K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.88
• Revenue Growth: -38.13%
• EPS Growth: -75.67%
• Country: SE
• Employees: 14
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): N/A
• Shares Outstanding: 4,717,762
• 10 Day Avg. Volume: 343,657
• 30 Day Avg. Volume: 632,877
• PEG Ratio: -0.02
• Price to Book (P/B): -1.80
• Price to Sales (P/S): 2.13
• P/FCF Ratio: -4.09
• 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): N/A

• Rating: 51 Neutral
• Price Target: kr6.00 ▲(8471.43% Upside)

Overall score is held back primarily by very weak financial performance (declining revenue, sustained losses, negative equity, and negative cash flows). Technicals provide a meaningful offset with price trading above major moving averages and positive momentum indicators. Valuation remains constrained by ongoing losses (negative P/E) and the absence of dividend yield data.

Positive Factors

High gross profit margin

A persistently high gross profit margin indicates the company’s core service/pricing economics are strong, providing a structural buffer to absorb SG&A and finance costs. If revenue stabilization or cost discipline occurs, gross margin strength supports a credible path to positive operating profits over months.

Exchange listing access

Being listed on Nasdaq OMX AB provides durable access to public capital markets, regulatory disclosure and investor reach. That structural positioning improves financing options and credibility versus private peers, making it easier to raise equity or debt for recapitalization or growth when needed.

Lean operating footprint

A very small headcount suggests an asset-light, low fixed-cost operating model. Structurally this enables faster expense scaling down or reallocation, preserving runway and improving the odds that management can align costs with revenue to restore margins without large structural layoffs.

Negative Factors

Sharp revenue decline

Sustained double-digit TTM revenue contraction undermines operating leverage and market positioning. Over months this erodes customer momentum, reduces pricing power and magnifies fixed-cost burdens, making margin recovery and scalable profitability much harder without a clear revenue turnaround.

Negative equity and high leverage

Negative shareholders' equity and extreme leverage signal solvency stress and constrain strategic flexibility. Over the medium term this limits access to unsecured financing, raises refinancing risk, and can force dilutive capital raises or concessions to creditors, impairing recovery prospects.

Poor cash generation

Severely negative operating and free cash flows indicate the business is burning cash to sustain operations. Structurally, this creates ongoing liquidity pressure, forces reliance on external financing, and restricts investment in sales or product improvements needed to reverse revenue decline.

Tessin Nordic Holding AB Business Overview & Revenue Model

Company Description

Tessin Nordic AB owns and operates a crowd funding platform for real estate investments. It enables direct investing in property development projects. The company founded in 2014 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

Tessin generates revenue through several key streams. Primarily, the company earns money by charging fees on the funds raised through its platform, which may include a percentage of the total investment amount or fixed fees for each project listed. Additionally, Tessin may charge project developers for listing their real estate opportunities, providing them access to a broad network of potential investors. Another revenue source could be associated with ongoing management fees for maintaining investor relations and managing investments until project completion. Strategic partnerships with real estate developers, financial institutions, and marketing platforms also play a significant role in enhancing Tessin's visibility and revenue potential, as they help attract more projects and investors to the platform.

Tessin Nordic Holding AB Financial Statement Overview

Summary

Weak fundamentals: revenue declined sharply (TTM growth -24.59%), profitability is negative (net profit/EBIT/EBITDA margins below zero), balance sheet is stressed with negative equity and high leverage signals, and liquidity is pressured with negative operating and free cash flow (TTM FCF growth -57.81%).

Income Statement

The income statement reveals significant challenges for Tessin Nordic Holding AB. The company has experienced a sharp decline in revenue, with a TTM revenue growth rate of -24.59%. Profitability metrics are concerning, with negative net profit, EBIT, and EBITDA margins, indicating substantial losses. The gross profit margin remains high, but this is overshadowed by the overall negative financial performance.

Balance Sheet

The balance sheet shows a precarious financial position, with a negative stockholders' equity and a high debt-to-equity ratio of -1.52 in the TTM period. This indicates significant leverage and financial instability. The return on equity is positive due to negative equity, but this is not a positive indicator of performance. The equity ratio is also negative, highlighting potential solvency issues.

Cash Flow

Cash flow analysis indicates severe liquidity issues, with negative operating and free cash flows. The TTM free cash flow growth rate is -57.81%, reflecting deteriorating cash generation. The operating cash flow to net income ratio is negative, indicating that the company is not generating sufficient cash from operations to cover its losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.99M	24.52M	40.57M	50.68M	44.22M	39.81M
Gross Profit	7.74M	24.35M	42.36M	52.67M	46.18M	41.21M
EBITDA	-22.87M	-7.72M	-6.54M	-30.65M	-18.84M	-4.63M
Net Income	-62.56M	-41.15M	-14.53M	-46.91M	-82.67M	-13.73M
Balance Sheet
Total Assets	236.94M	295.07M	256.96M	259.10M	268.84M	50.69M
Cash, Cash Equivalents and Short-Term Investments	22.40M	34.13M	37.21M	20.93M	68.95M	12.89M
Total Debt	84.50M	134.09M	211.18M	175.11M	176.84M	22.87M
Total Liabilities	272.91M	297.44M	241.30M	229.91M	211.43M	32.55M
Stockholders Equity	-39.11M	-29.06M	-6.19M	8.98M	37.41M	18.14M
Cash Flow
Free Cash Flow	-31.15M	-12.78M	-15.48M	-21.46M	-76.45M	-14.31M
Operating Cash Flow	-29.04M	-9.31M	-14.53M	-17.91M	-72.65M	-10.94M
Investing Cash Flow	20.44M	-29.58M	19.93M	-41.70M	-81.67M	-16.46M
Financing Cash Flow	15.22M	35.81M	10.88M	11.58M	210.38M	11.63M

Tessin Nordic Holding AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.07
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:TESSIN, the sentiment is Positive. The current price of 0.07 is below the 20-day moving average (MA) of 6.80, below the 50-day MA of 6.59, and below the 200-day MA of 6.61, indicating a bullish trend. The MACD of 0.10 indicates Positive momentum. The RSI at 50.01 is Neutral, neither overbought nor oversold. The STOCH value of 18.12 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:TESSIN.

Tessin Nordic Holding AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SOLNA	71 Outperform	kr439.92M	10.00	―	5.79%	4.30%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
BONAS	65 Neutral	kr322.56M	23.75	―	―	1.12%	―
LINKAB	56 Neutral	kr199.92M	39.78	―	5.48%	-12.37%	-53.91%
TESSIN	51 Neutral	kr32.08M	-0.49	―	―	-38.13%	-75.67%
FASTAT	41 Neutral	kr118.42M	-0.10	-109.30%	―	-37.20%	69.96%