Westpay AB (SE:WPAY)
:WPAY
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Westpay AB
(WPAY)
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Rating:62Neutral
Price Target:
kr1.50
▲(11.94% Upside)
Action:ReiteratedDate:02/21/26
The score is driven primarily by improving financial performance (profitability returning, stronger equity, and positive operating cash flow) and supportive technical momentum (price above key moving averages with positive MACD). These positives are tempered by a high P/E valuation and a history of volatile earnings and free cash flow.
Positive Factors
Strengthened balance sheet
Equity expansion and lower debt materially improve capitalization and reduce leverage-related risk. This strengthens long-term financial flexibility for product investment, partnership deals, and absorptive capacity for execution shocks, lowering refinancing and solvency pressure over coming quarters.
Negative Factors
Historic earnings volatility
A history of multi-year losses and volatile profitability undermines predictability of margins and cash generation. This makes long-term planning, pricing negotiation, and financing cost management harder, raising execution risk if growth or margins re-normalize negatively.
Read all positive and negative factors
Positive Factors
Negative Factors
Strengthened balance sheet
Equity expansion and lower debt materially improve capitalization and reduce leverage-related risk. This strengthens long-term financial flexibility for product investment, partnership deals, and absorptive capacity for execution shocks, lowering refinancing and solvency pressure over coming quarters.
Read all positive factors
Westpay AB (WPAY) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr144.29M
Dividend YieldN/A
Average Volume (3M)44.49K
Price to Earnings (P/E)18.6
Beta (1Y)0.68
Revenue Growth12.09%
EPS GrowthN/A
CountrySE
Employees46
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)0.02
Shares Outstanding101,614,760
10 Day Avg. Volume34,870
30 Day Avg. Volume44,486
Financial Highlights & Ratios
PEG Ratio-0.19
Price to Book (P/B)5.93
Price to Sales (P/S)1.69
P/FCF Ratio20.24
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Westpay AB Business Overview & Revenue Model
Company Description
Westpay AB provides smart transaction and payment solutions in Europe, Africa, South Asia, Southeast Asia, and Nordic countries. The company offers counter-top, mobile devices, and unattended terminals for in-store and card-present transactions; o...
How the Company Makes Money
Westpay generates revenue primarily by selling and/or leasing payment hardware (e.g., payment terminals and related POS devices) and by providing software and services connected to those devices. A typical revenue model includes: (1) one-time reve...
Westpay AB Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
62
Positive
Cash Flow
60
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 73.96M | 67.61M | 61.11M | 70.42M | 53.71M |
| Gross Profit | 2.96M | 30.52M | 58.94M | 21.27M | 38.07M |
| EBITDA | 12.59M | 5.67M | -15.61M | 653.00K | -11.45M |
| Net Income | 4.20M | -6.16M | -27.59M | -8.79M | -17.10M |
Balance Sheet | |||||
| Total Assets | 58.27M | 56.24M | 54.50M | 61.67M | 47.34M |
| Cash, Cash Equivalents and Short-Term Investments | 323.00K | 356.00K | 856.00K | 4.67M | 12.48M |
| Total Debt | 14.11M | 13.92M | 18.23M | 18.66M | 7.50M |
| Total Liabilities | 37.23M | 48.37M | 53.02M | 55.80M | 32.48M |
| Stockholders Equity | 21.04M | 7.87M | 1.48M | 5.88M | 14.65M |
Cash Flow | |||||
| Free Cash Flow | 6.17M | -9.51M | -38.44M | -18.98M | -4.99M |
| Operating Cash Flow | 10.09M | 8.63M | -20.66M | -2.35M | 2.13M |
| Investing Cash Flow | -14.49M | -18.15M | -17.78M | -16.62M | -7.12M |
| Financing Cash Flow | 4.37M | 9.01M | 34.63M | 11.16M | 16.52M |
Westpay AB Technical Analysis
Positive
1.34
Price Trends
1.29
Positive
1.34
Positive
1.42
Positive
Market Momentum
<0.01
Negative
66.83
Neutral
83.45
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:WPAY, the sentiment is Positive. The current price of 1.34 is above the 20-day moving average (MA) of 1.23, above the 50-day MA of 1.29, and below the 200-day MA of 1.42, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.83 is Neutral, neither overbought nor oversold. The STOCH value of 83.45 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:WPAY.
Westpay AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | kr144.29M | 18.58 | ― | ― | 12.09% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | kr668.59M | 52.29 | 22.29% | 0.48% | 27.82% | 305.33% | |
50 Neutral | kr1.56B | 174.76 | ― | ― | 20.43% | 61.67% | |
50 Neutral | kr466.97M | -26.07 | ― | ― | 19.18% | 48.44% | |
44 Neutral | €727.43K | -1.07 | 277.20% | ― | ― | ― |
* Technology Sector Average
SE:WPAY
Westpay AB
1.42
0.46
47.92%
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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.