eEducation Albert AB (ALBERT) AI Stock Analysis

eEducation Albert AB

(Nasdaq OMX AB:ALBERT)

Select Model

Rating:42Neutral

Price Target:SEK 4.00▼(-1.72% Downside)

Action:reiterated

Date:10/31/26

The score is weighed down primarily by weak financial performance: declining revenue, large operating/net losses, negative free cash flow, and a sharply reduced equity buffer (despite zero debt). Technicals also reflect a sustained downtrend (price below key moving averages with negative MACD). Valuation is difficult to support due to negative earnings and no dividend yield data.

Positive Factors

Recurring Subscription ModelRecurring subscriptions provide a repeatable monetization model and allow revenue to be recognized over customer contracts rather than relying solely on one-time sales. This structure can support predictable planning and continued product investment if Albert retains users and sustains adoption.

Negative Factors

Contracting Revenue and Persistent LossesRevenue contraction combined with substantial operating and net losses indicates that the current customer and cost structure is not yet producing sustainable earnings. Continued weakness could limit investment capacity, increase reliance on the existing capital base, and delay a credible path to profitability.

eEducation Albert AB (ALBERT) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 102.27M
Dividend Yield: ―
Average Volume (3M): 9,122
Price to Earnings (P/E): -2.6
Beta (1Y): -0.03
Revenue Growth: -13.07%
EPS Growth: 44.31%
Country: Sweden
Employees: 77
Sector: Services
Sector Strength: 55
Industry: Software - Application

eEducation Albert AB Business Overview & Revenue Model

Company Description

eEducation Albert AB (publ) is a global provider of digital learning solutions. The company's core offering is an app-based educational platform, catering to children and adolescents from 3 to 16 years old. This platform encompasses a variety of spec...

How the Company Makes Money

The company primarily makes money through recurring subscription revenue from customers who pay for access to its digital learning products (software-as-a-service/app subscriptions). Under this model, users subscribe (typically monthly or annually) t...

eEducation Albert AB Financial Statement Overview

Summary

Financials remain pressured by declining TTM revenue (144.2m vs 161.1m in 2025) and sizable operating/net losses (EBIT -40.5m; net -41.2m). Gross margin improved to ~41.7% and EBITDA is slightly positive (~2.0m), but cash flow is not yet reliable (TTM FCF -4.6m) and equity has fallen sharply to 15.3m, reducing the balance-sheet cushion despite having zero debt.

Income Statement

24Negative

Balance Sheet

46Neutral

Cash Flow

30Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	144.23M	161.08M	177.79M	177.89M	123.06M	62.56M
Gross Profit	60.91M	-62.87M	84.93M	87.82M	91.15M	51.48M
EBITDA	2.03M	-13.80M	-28.77M	-43.93M	-71.32M	-56.79M
Net Income	-41.18M	-62.56M	-104.79M	-79.90M	-97.67M	-57.41M
Balance Sheet
Total Assets	106.38M	128.99M	212.87M	315.53M	304.00M	279.80M
Cash, Cash Equivalents and Short-Term Investments	48.04M	42.42M	44.47M	80.48M	104.14M	251.50M
Total Debt	0	3.70M	8.79M	11.79M	0	0
Total Liabilities	91.08M	83.57M	102.67M	105.11M	64.63M	12.65M
Stockholders Equity	15.30M	45.42M	110.20M	210.42M	239.38M	267.15M
Cash Flow
Free Cash Flow	-4.62M	974.00K	-33.78M	-33.84M	-82.01M	-59.91M
Operating Cash Flow	-2,000	8.82M	-26.91M	-17.88M	-65.48M	-51.51M
Investing Cash Flow	-4.74M	-5.08M	-6.87M	-61.39M	-83.16M	-13.20M
Financing Cash Flow	-2.63M	-4.79M	-3.00M	57.05M	430.00K	247.68M

eEducation Albert AB Technical Analysis

Technical Analysis SentimentNegative

Last Price4.07

Price Trends

50DMA4.43Negative

100DMA4.54Negative

200DMA4.57Negative

Market Momentum

MACD-0.11Positive

RSI37.41Neutral

STOCH36.51Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ALBERT, the sentiment is Negative. The current price of 4.07 is below the 20-day moving average (MA) of 4.25, below the 50-day MA of 4.43, and below the 200-day MA of 4.57, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 37.41 is Neutral, neither overbought nor oversold. The STOCH value of 36.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:ALBERT.

eEducation Albert AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

SE:ALBERT against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:UPSALE	82Outperform	SEK 463.06M	16.98	―	7.91%	11.34%	40.60%
SE:LIME	79Outperform	SEK 3.62B	29.42	32.20%	1.57%	8.57%	17.98%
SE:VIT.B	75Outperform	SEK 12.31B	25.95	9.27%	1.18%	5.55%	18.93%
Sector *	55Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SE:DIVIO.B	44Neutral	SEK 28.84M	-1.67	-200.02%	―	6.03%	-6.48%
SE:ALBERT	42Neutral	SEK 102.27M	-2.61	-140.85%	―	-13.07%	44.31%

* Services Sector Average

Performance Comparison

SE:ALBERT and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:ALBERT	eEducation Albert AB	4.07	-0.31	-7.08%
SE:LIME	Lime Technologies AB	271.00	-90.35	-25.00%
SE:VIT.B	Vitec Software Group AB Class B	308.60	-17.63	-5.40%
SE:DIVIO.B	Divio Technologies AB Class B	0.05	-0.07	-57.89%
SE:UPSALE	Upsales Technology AB	27.50	-4.59	-14.29%

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: Oct 31, 2026

eEducation Albert AB AI Stock Analysis