Proactis SA (PROAC) AI Stock Analysis

Proactis SA

(Paris:PROAC)

Select Model

Rating:40.4Neutral

Price Target:EUR 0.04▼(-36.67% Downside)

Action:reiterated

Date:03/04/26

The company faces severe financial challenges, including negative equity and declining revenue, leading to a very low financial performance score. The technical trend is bearish, and valuation metrics offer no support. Consequently, the overall score is 40.4, reflecting high risk and limited near-term prospects.

Positive Factors

Recurring subscription modelA subscription-based revenue mix creates recurring, predictable revenue that supports multi-period planning and customer lifetime value. Over 2–6 months this durability helps smooth cash inflows, supports investment in product development and retention rather than one-off sales.

Negative Factors

Negative stockholders' equityNegative equity reflects accumulated losses and a weakened capital buffer. Structurally it limits borrowing capacity, reduces financial flexibility and increases the probability of equity raises or restructuring, making medium-term strategic investments more costly or dilutive.

Proactis SA (PROAC) vs. iShares MSCI France ETF (EWQ)

Market Cap: EUR 8.13M
Dividend Yield: ―
Average Volume (3M): 190.27K
Price to Earnings (P/E): -6.0
Beta (1Y): -1.00
Revenue Growth: ―
EPS Growth: ―
Country: France
Employees: 118
Sector: General
Sector Strength: 55
Industry: Software - Application

Proactis SA Business Overview & Revenue Model

Company Description

Proactis SA provides cloud-based spend management solutions in France, Germany, the United Kingdom, the Unites States, and internationally. It offers source-to-pay, supplier relationship management, contract management, procure-to-pay, sourcing, and...

How the Company Makes Money

Proactis generates revenue through a subscription-based model for its software solutions, which allows clients to access its procurement and spend management tools. Key revenue streams include licensing fees for the software, annual maintenance and s...

Proactis SA Financial Statement Overview

Summary

Revenue declined 21.9% YoY with net losses, and negative stockholders' equity indicates insolvency risk. Positive operating cash flow provides some liquidity, but overall financial health is weak.

Income Statement

25Negative

Balance Sheet

5Very Negative

Cash Flow

60Neutral

Financial statement breakdown
Breakdown	TTM	Jul 2025	Jul 2024	Jul 2022	Jul 2021	Jul 2020
Income Statement
Total Revenue	9.32M	9.32M	11.93M	14.35M	15.04M	12.38M
Gross Profit	1.26M	1.91M	1.41M	2.82M	3.11M	2.77M
EBITDA	1.18M	1.26M	-5.90M	2.95M	1.71M	-7.44M
Net Income	-1.07M	-1.07M	-11.09M	290.00K	-526.00K	-9.77M
Balance Sheet
Total Assets	9.51M	9.51M	11.30M	27.21M	24.46M	24.92M
Cash, Cash Equivalents and Short-Term Investments	1.10M	1.10M	603.00K	935.00K	1.05M	1.64M
Total Debt	48.00K	48.00K	533.00K	730.00K	788.00K	1.24M
Total Liabilities	10.46M	10.46M	10.54M	8.74M	8.69M	8.71M
Stockholders Equity	-947.00K	-947.00K	766.00K	18.47M	15.78M	16.21M
Cash Flow
Free Cash Flow	2.17M	731.00K	178.00K	300.00K	-236.00K	1.04M
Operating Cash Flow	2.23M	2.26M	2.12M	2.30M	1.81M	3.41M
Investing Cash Flow	-1.46M	-1.46M	-3.02M	-1.99M	-2.05M	-2.31M
Financing Cash Flow	-275.00K	-275.00K	-451.00K	-344.00K	-363.00K	-407.00K

Proactis SA Technical Analysis

Technical Analysis SentimentNeutral

Last Price0.06

Price Trends

50DMA0.07Negative

100DMA0.06Positive

200DMA0.05Positive

Market Momentum

MACD-0.00Negative

RSI47.01Neutral

STOCH36.28Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:PROAC, the sentiment is Neutral. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.07, and above the 200-day MA of 0.05, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 47.01 is Neutral, neither overbought nor oversold. The STOCH value of 36.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FR:PROAC.

Proactis SA Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

FR:PROAC against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FR:SWP	76Outperform	EUR 322.47M	14.96	29.87%	5.92%	8.08%	4.16%
FR:ALBFR	75Outperform	EUR 299.07M	31.89	18.29%	―	12.55%	13.10%
FR:COH	73Outperform	EUR 46.51M	15.43	12.54%	0.98%	8.58%	-18.77%
FR:QDT	61Neutral	EUR 489.38M	-7.22	-8.25%	5.19%	-10.15%	-227.21%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
FR:EOS	41Neutral	EUR 2.54M	-3.97	24.60%	―	-13.79%	91.69%
FR:PROAC	40Neutral	EUR 8.13M	-6.00	1179.01%	―	―	―

* General Sector Average

Performance Comparison

FR:PROAC and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
FR:PROAC	Proactis SA	0.06	0.01	13.21%
FR:COH	Coheris	8.18	-5.83	-41.61%
FR:QDT	Quadient Sa	14.44	0.36	2.53%
FR:SWP	SWORD GROUP SE	33.80	-0.68	-1.96%
FR:EOS	Acteos SA	0.76	-0.25	-25.12%
FR:ALBFR	Sidetrade SA	209.50	-22.50	-9.70%

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: Mar 04, 2026

Proactis SA AI Stock Analysis