AAC Clyde Space AI Stock Analysis
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AAC Clyde Space (AAC) AI Stock Analysis
AAC Clyde Space
(Nasdaq OMX AB:AAC)
The overall score of 53 reflects a company in transition with significant operational momentum offset by weak profitability and bearish market sentiment. The strongest positive factor is the turnaround evident in the earnings call, with 30%+ revenue growth, positive EBITDA, and a strong backlog. This is supported by a rock-solid balance sheet. However, the score is heavily constrained by persistent net losses, negative free cash flow, and a bearish technical trend with the stock trading below all major moving averages. The negative P/E ratio further highlights the lack of current profitability.
AAC Clyde Space (AAC) vs. iShares MSCI Sweden ETF (EWD)
- Market Cap
- SEK 88.27M
- Dividend Yield
- ―
- Average Volume (3M)
- 20.44K
- Price to Earnings (P/E)
- -18.3
- Beta (1Y)
- 0.66
- Revenue Growth
- -12.86%
- EPS Growth
- -1793.94%
- Country
- Sweden
- Employees
- 207
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Aerospace & Defense
AAC Clyde Space Business Overview & Revenue Model
Company Description
Headquartered in Uppsala, Sweden, and established in 2005, AAC Clyde Space AB (publ) specializes in delivering comprehensive solutions and services to the global small satellite industry. The company's reach extends across Sweden, the UK, continental...
AAC Clyde Space Earnings Call Summary
The call was strongly positive overall, supported by net sales growth of about 30%, more than 30%, positive EBITDA for two consecutive quarters, a strong backlog, new financing, customer validation of VIREON data and continued demand across the business. The main negative factors were supplier and customer-schedule delays, a negative quarterly operating cash flow result, lower-end full-year net sales guidance and slower-than-expected VIREON data revenue. Management characterized the delays as manageable and continued to expect positive full-year operational cash flow.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Full year guidance is now for the lower end of the range that we gave, with full year net sales expected to be towards the lower end of the guidance; EBITDA is planned to be approximately 10% for this year, and operational cash flow is expected to be positive and to remain positive this year. Next quarter is very much about delivery, including big programs like Sterna and INFLECION and the VIREON satellites, which have to be ready to launch. VIREON-3 and 4 are expected to launch next year, in the beginning of the year, with a much quicker commissioning and a much quicker start of delivery.
AAC Clyde Space Financial Statement Overview
Summary
Financial performance is mixed. The balance sheet is a fortress with a 0.03 debt-to-equity ratio, providing significant stability. However, persistent net losses (TTM margin -11.6%) and razor-thin EBITDA margins (0.6%) weigh heavily. Positive operating cash flow of 35.4M is a bright spot, but negative free cash flow of -18.8M shows the company is not yet self-funding its growth.
Income Statement
35NegativeBalance Sheet
78PositiveCash Flow
45Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 327.23M | 295.28M | 352.86M | 276.61M | 196.72M | 179.95M |
| Gross Profit | 82.41M | -34.59M | 247.46M | -43.00M | 135.69M | 110.35M |
| EBITDA | 1.99M | -3.02M | 48.92M | -1.01M | -19.57M | -18.13M |
| Net Income | -37.94M | -46.09M | -5.58M | -41.36M | -46.55M | -39.49M |
Balance Sheet | ||||||
| Total Assets | 1.05B | 895.53M | 988.61M | 938.37M | 881.40M | 874.41M |
| Cash, Cash Equivalents and Short-Term Investments | 126.92M | 30.12M | 49.68M | 59.55M | 52.10M | 96.11M |
| Total Debt | 21.65M | 37.23M | 21.04M | 40.80M | 17.21M | 15.71M |
| Total Liabilities | 281.93M | 184.77M | 285.62M | 275.62M | 217.90M | 195.59M |
| Stockholders Equity | 769.50M | 712.19M | 704.02M | 663.57M | 663.51M | 678.81M |
Cash Flow | ||||||
| Free Cash Flow | -18.83M | -115.42M | 34.63M | -46.09M | -34.44M | -64.68M |
| Operating Cash Flow | 35.43M | -72.60M | 56.79M | 4.88M | 6.43M | -35.46M |
| Investing Cash Flow | -45.92M | -39.09M | -44.64M | -50.97M | -40.87M | -21.78M |
| Financing Cash Flow | 109.55M | 93.63M | -23.00M | 53.91M | -10.27M | 89.64M |
AAC Clyde Space Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:AAC, the sentiment is Negative. The current price of 101.40 is below the 20-day moving average (MA) of 101.73, below the 50-day MA of 104.59, and below the 200-day MA of 119.05, indicating a bearish trend. The MACD of -0.39 indicates Negative momentum. The RSI at 48.16 is Neutral, neither overbought nor oversold. The STOCH value of 64.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:AAC.
AAC Clyde Space Peers Comparison
Overall Rating
SE:SAAB.B76Outperform
SE:MILDEF74Outperform
SE:AFRY67Neutral
SE:REJL.B56Neutral
SE:GOMX54Neutral- SE:AAC53Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SE:SAAB.B | 76Outperform | SEK 345.94B | 44.34 | 15.83% | 0.39% | 28.45% | 44.48% |
| SE:MILDEF | 74Outperform | SEK 11.45B | 33.74 | 20.11% | 0.31% | 75.60% | ― |
| SE:AFRY | 67Neutral | SEK 14.78B | 17.24 | 6.63% | 4.60% | -3.51% | -7.54% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| SE:REJL.B | 56Neutral | SEK 3.21B | 19.01 | 7.84% | 3.70% | 5.96% | -23.10% |
| SE:GOMX | 54Neutral | SEK 2.36B | 91.24 | 18.20% | ― | ― | ― |
| SE:AAC | 53Neutral | SEK 874.54M | -18.27 | -5.29% | ― | -12.86% | -1793.94% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SE:AAC | Aac Clyde Space Ab | 101.40 | 22.90 | 29.17% | |
| SE:SAAB.B | Saab AB | 620.30 | 96.88 | 18.51% | |
| SE:AFRY | AFRY AB Class B | 130.50 | -17.40 | -11.77% | |
| SE:MILDEF | MilDef Group AB | 238.90 | 106.54 | 80.49% | |
| SE:REJL.B | Rejlers AB Class B | 142.00 | -43.71 | -23.54% | |
| SE:GOMX | GomSpace Group AB | 14.16 | -1.58 | -10.04% |
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: Nov 12, 2026