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Acroud AB
(ACROUD)
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Rating:51Neutral
Price Target:
kr0.14
▲(1.43% Upside)
Action:Reiterated
Date:08/27/26
The score is driven primarily by improving (but still inconsistent) financial performance: strong TTM revenue growth, better operating profitability, and positive cash flow are positives, while ongoing net losses, declining TTM free cash flow, and historical balance-sheet volatility weigh on confidence. Technical indicators are neutral and do not add strong support, and valuation is weakened by negative earnings and the lack of a provided dividend yield.
Positive Factors
Strong Revenue Growth
The substantial TTM revenue increase indicates stronger business activity and market reach. If sustained, expanding revenue can improve operating leverage and provide a broader base for Acroud to convert its iGaming marketing and technology capabilities into durable earnings.
Negative Factors
Persistent Net Losses
Acroud has not yet demonstrated sustainable bottom-line profitability despite improved operating results. Ongoing net losses constrain retained capital, weaken returns on equity, and leave the business more exposed if revenue growth or conversion performance deteriorates.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
The substantial TTM revenue increase indicates stronger business activity and market reach. If sustained, expanding revenue can improve operating leverage and provide a broader base for Acroud to convert its iGaming marketing and technology capabilities into durable earnings.
Read all positive factors
Acroud AB (ACROUD) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr175.25M
Dividend YieldN/A
Average Volume (3M)108.22K
Price to Earnings (P/E)―
Beta (1Y)0.04
Revenue Growth17.97%
EPS Growth93.95%
CountrySE
Employees72
SectorConsumer Cyclical
Sector Strength84
IndustryGambling, Resorts & Casinos
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,279,221,100
10 Day Avg. Volume64,806
30 Day Avg. Volume108,224
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)1.06
Price to Sales (P/S)0.39
P/FCF Ratio-46.29
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)0.02
Revenue Forecast (FY)kr46.00M
Acroud AB Business Overview & Revenue Model
Company Description
Acroud AB (publ), established in 2003 and headquartered in Gzira, Malta, specializes in developing, owning, and managing comparison and news websites, primarily in Sweden. The company's operations are divided into two main segments: iGaming Affili...
How the Company Makes Money
Acroud primarily makes money through performance-based affiliate marketing in iGaming. Its main revenue stream is commissions paid by online gambling operators when users referred from Acroud’s digital properties perform specific actions—most comm...
Acroud AB Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
62
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 48.83M | 46.36M | 38.59M | 39.35M | 30.91M | 24.77M |
| Gross Profit | 24.67M | 46.36M | 33.52M | 39.36M | 31.74M | 25.89M |
| EBITDA | 4.39M | 1.13M | 5.54M | -22.22M | -11.14M | 5.05M |
| Net Income | -2.56M | -5.13M | -3.31M | -31.71M | -18.42M | 718.00K |
Balance Sheet | ||||||
| Total Assets | 36.19M | 37.06M | 39.97M | 50.01M | 79.88M | 76.24M |
| Cash, Cash Equivalents and Short-Term Investments | 2.30M | 1.57M | 1.59M | 3.15M | 2.42M | 1.76M |
| Total Debt | 951.58K | 12.36M | 17.06M | 17.95M | 19.93M | 19.70M |
| Total Liabilities | 19.29M | 20.00M | 27.10M | 32.63M | 55.56M | 34.29M |
| Stockholders Equity | 16.90M | 17.06M | -654.00K | 2.75M | 24.32M | 41.95M |
Cash Flow | ||||||
| Free Cash Flow | 1.48M | -389.16K | 3.63M | 1.97M | 3.11M | 885.00K |
| Operating Cash Flow | 1.61M | -361.65K | 4.23M | 4.24M | 5.60M | 3.28M |
| Investing Cash Flow | -176.07K | -1.14M | -2.05M | -1.28M | -3.24M | -5.26M |
| Financing Cash Flow | -1.81M | 1.40M | -3.71M | -2.25M | -2.26M | -3.89M |
Acroud AB Technical Analysis
Negative
0.14
Price Trends
0.14
Negative
0.14
Negative
0.14
Negative
Market Momentum
>-0.01
Positive
45.60
Neutral
61.87
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ACROUD, the sentiment is Negative. The current price of 0.14 is above the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.14, and below the 200-day MA of 0.14, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 45.60 is Neutral, neither overbought nor oversold. The STOCH value of 61.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:ACROUD.
Acroud AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | kr168.55B | 14.30 | ― | 4.76% | -5.44% | -12.23% | |
78 Outperform | kr12.67B | 8.54 | 15.17% | 7.63% | -2.36% | -31.79% | |
76 Outperform | kr4.61B | 37.79 | 7.14% | ― | -10.22% | -33.31% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
53 Neutral | kr119.55M | -2.99 | 406.23% | ― | 57.81% | 9.24% | |
51 Neutral | kr175.25M | -6.16 | -15.07% | ― | 17.97% | 93.95% | |
44 Neutral | kr504.48M | 8.55 | -44.77% | 19.90% | -20.52% | ― |
* Consumer Cyclical Sector Average
SE:ACROUD
Acroud AB
0.14
-0.01
-8.05%
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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.