Want to see SE:ACROUD full AI Analyst Report?
Top Page
Acroud AB
(ACROUD)
Select Model
Select Model
Rating:48Neutral
Price Target:
kr0.10
▼(-32.14% Downside)
Action:Reiterated
Date:10/11/26
The score is held back primarily by weak technicals (price below all key moving averages with negative MACD and very low RSI/Stoch). Financials are improving—strong TTM revenue growth, better operating results, and positive cash flow—but ongoing net losses and a volatile historical track record keep the financial performance score moderate. Valuation is also constrained by a negative P/E and no dividend yield data.
Positive Factors
Strong revenue growth and operating improvement
The sharp TTM revenue increase, combined with improved EBITDA and slightly positive EBIT, indicates meaningful operating progress and stronger commercial traction. If this improvement persists, greater scale could support better earnings conversion and provide a foundation for continued business investment.
Negative Factors
The company remains net loss-making
Acroud has not yet converted its operating improvement into bottom-line profitability, with a negative TTM net margin still weighing on earnings quality. Continued losses can constrain retained capital and make future performance more dependent on sustaining growth and improving cost absorption.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue growth and operating improvement
The sharp TTM revenue increase, combined with improved EBITDA and slightly positive EBIT, indicates meaningful operating progress and stronger commercial traction. If this improvement persists, greater scale could support better earnings conversion and provide a foundation for continued business investment.
Read all positive factors
Acroud AB (ACROUD) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr122.81M
Dividend YieldN/A
Average Volume (3M)561.86K
Price to Earnings (P/E)―
Beta (1Y)-0.07
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. Volume264,294
30 Day Avg. Volume561,855
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 | 48.99M | 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 | 4.40M | 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
0.13
Negative
0.14
Negative
0.14
Negative
Market Momentum
>-0.01
Positive
20.38
Positive
4.24
Positive
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 0.12, above the 50-day MA of 0.13, and above the 200-day MA of 0.14, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 20.38 is Positive, neither overbought nor oversold. The STOCH value of 4.24 is Positive, 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 |
|---|---|---|---|---|---|---|---|
82 Outperform | kr148.50B | 13.61 | ― | 4.76% | -5.44% | -12.23% | |
78 Outperform | kr12.89B | 8.63 | 15.17% | 7.50% | -2.36% | -31.79% | |
69 Neutral | kr4.31B | 35.03 | 7.14% | ― | -10.22% | -33.31% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
55 Neutral | kr691.05M | 11.63 | -44.77% | 19.90% | -20.52% | ― | |
53 Neutral | kr111.70M | -2.79 | 406.23% | ― | 57.81% | 9.24% | |
48 Neutral | kr122.81M | -4.08 | -15.07% | ― | 17.97% | 93.95% |
* Consumer Cyclical Sector Average
SE:ACROUD
Acroud AB
0.10
-0.04
-26.72%
SE:EVO
Evolution Gaming Group AB
811.20
85.60
11.80%
SE:BETS.B
Betsson AB
95.65
-44.40
-31.70%
SE:KAMBI
Kambi Group
163.60
52.70
47.52%
SE:G2M
Gentoo Media
5.13
-1.52
-22.86%
SE:GCOR
Gaming Corps AB
0.77
-0.16
-17.42%
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.