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Nimbus Group AB (SE:BOAT)
:BOAT

Nimbus Group AB (BOAT) AI Stock Analysis

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Nimbus Group AB

(Frankfurt:BOAT)

47Neutral
Nimbus Group AB is struggling with declining revenues, negative profit margins, and significant cash flow issues, which heavily impact its overall financial health. Although the balance sheet remains relatively stable, the company's valuation is unattractive due to negative earnings and the lack of dividends. Technical analysis shows bearish momentum, but some indicators suggest the stock might be oversold. Immediate improvements in operational efficiency and revenue growth are necessary to enhance the company's financial performance and stock attractiveness.

Nimbus Group AB (BOAT) vs. S&P 500 (SPY)

Nimbus Group AB Business Overview & Revenue Model

Company DescriptionNimbus Group AB (Publ) designs, manufactures, and markets recreational motorboats worldwide. The company provides the boats under the Nimbus, Alukin, Aquador, Bella, Falcon, Flipper, and Paragon Yachts brand names. It offers its products through a network of dealers, retailers, and resellers. The company was founded in 1968 and is based in Gothenburg, Sweden. Nimbus Group AB (Publ) is a subsidiary of R12 Kapital AB.
How the Company Makes MoneyNimbus Group AB generates revenue primarily through the sale of its boats, which are marketed to both individual consumers and professional users across various geographical regions. The company's key revenue streams include direct sales through dealerships and distributors, which form a global network facilitating access to different markets. Additionally, Nimbus Group may engage in strategic partnerships and collaborations with other marine industry players, enhancing its product offerings and market reach. Revenue is further supported by after-sales services, including maintenance and repair services, as well as the sale of spare parts and accessories.

Nimbus Group AB Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
1.62B1.90B1.75B1.46B927.35M
Gross Profit
214.70M287.56M336.23M292.97M163.95M
EBIT
-60.72M99.11M191.98M165.86M58.89M
EBITDA
9.16M160.85M228.65M172.30M65.73M
Net Income Common Stockholders
-61.43M45.05M149.64M133.01M76.72M
Balance SheetCash, Cash Equivalents and Short-Term Investments
5.32M8.14M-189.35M153.86M32.39M
Total Assets
2.40B2.01B1.57B1.23B691.96M
Total Debt
354.50M315.04M255.70M118.94M145.94M
Net Debt
349.18M306.90M445.05M-34.91M113.55M
Total Liabilities
1.24B1.15B822.20M622.41M427.62M
Stockholders Equity
1.16B862.99M748.53M605.09M264.34M
Cash FlowFree Cash Flow
-110.06M-82.23M-127.53M97.16M175.53M
Operating Cash Flow
-67.86M-20.70M-61.68M140.49M205.90M
Investing Cash Flow
-39.40M-132.52M-84.58M-154.79M-38.64M
Financing Cash Flow
96.95M171.46M-8.65M134.29M-145.11M

Nimbus Group AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price15.30
Price Trends
50DMA
15.80
Negative
100DMA
16.26
Negative
200DMA
17.99
Negative
Market Momentum
MACD
-0.25
Positive
RSI
50.02
Neutral
STOCH
31.97
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BOAT, the sentiment is Positive. The current price of 15.3 is above the 20-day moving average (MA) of 15.24, below the 50-day MA of 15.80, and below the 200-day MA of 17.99, indicating a neutral trend. The MACD of -0.25 indicates Positive momentum. The RSI at 50.02 is Neutral, neither overbought nor oversold. The STOCH value of 31.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:BOAT.

Nimbus Group AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$6.93B11.842.89%3.91%2.59%-21.68%
47
Neutral
€478.58M-9.23%-18.61%-290.93%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:BOAT
Nimbus Group AB
15.30
-9.40
-38.06%
DE:98Q
Soder Sportfiske AB
2.40
0.43
21.83%
DE:CD20
Nelly Group AB
3.60
2.21
158.99%
DE:959
Pierce Group AB
0.96
0.22
29.73%
DE:3FB
Bulten AB
5.61
-1.58
-21.97%
DE:DRC
Duroc AB Class B
1.44
0.02
1.41%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.