TipRanks
Speqta AB (SE:BRIGHT)
:BRIGHT
Want to see SE:BRIGHT full AI Analyst Report?

Speqta AB (BRIGHT) AI Stock Analysis

0 Followers

Top Page

SE:BRIGHT

Speqta AB

(BRIGHT)

Select Model
Select Model
Select Model
Neutral 41 (OpenAI - Gpt-5.6Sol)
Rating:41Neutral
Price Target:
kr0.32
▼(-40.00% Downside)
Action:Reiterated
Date:09/26/26
The score is driven primarily by weak financial performance (declining revenue, large ongoing losses, and persistent cash burn), partially offset by a low-debt balance sheet. Technical indicators also point to a sustained downtrend with weak momentum, while valuation is difficult to support due to negative earnings and no dividend yield data.
Positive Factors
Debt-Free Balance Sheet
Zero reported debt and historically modest leverage reduce interest obligations and refinancing exposure. This gives Speqta more financial flexibility than a highly leveraged peer, although that advantage depends on controlling losses and preserving remaining capital.
Negative Factors
Declining Revenue
Revenue contraction across the latest period and the prior year indicates weakening top-line traction rather than an isolated quarterly fluctuation. Persistent decline can reduce operating scale, limit investment capacity, and make future profitability harder to achieve.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
Zero reported debt and historically modest leverage reduce interest obligations and refinancing exposure. This gives Speqta more financial flexibility than a highly leveraged peer, although that advantage depends on controlling losses and preserving remaining capital.
Read all positive factors

Speqta AB (BRIGHT) vs. iShares MSCI Sweden ETF (EWD)

Speqta AB Business Overview & Revenue Model

Company Description
BrightBid Group AB (publ) operates as an adtech firm, specializing in delivering data-driven and AI-powered services to generate web traffic for clients across Sweden and internationally. The company's offerings encompass SaaS solutions such as Br...
How the Company Makes Money
Speqta AB’s earnings are generally associated with performance marketing models in which revenue is tied to measurable outcomes (rather than only selling media space). Typical revenue mechanics in this sector include (a) affiliate/partner marketin...

Speqta AB Financial Statement Overview

Summary
Overall fundamentals are weak: revenue is declining (TTM down ~17%) and profitability remains deeply negative (TTM net loss ~64.6M with negative gross/EBIT/EBITDA margins). Cash flow is also meaningfully negative (TTM operating cash flow -21.0M; free cash flow -23.0M). The main offset is low leverage (TTM debt at 0), but equity has been heavily eroded over time, limiting resilience.
Income Statement
18
Very Negative
Balance Sheet
52
Neutral
Cash Flow
21
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue35.01M37.29M65.74M57.70M14.40M69.10M
Gross Profit-37.45M35.75M63.85M-49.29M11.44M39.20M
EBITDA-10.98M-20.31M-29.23M-50.38M-12.06M-4.65M
Net Income-64.58M-71.84M-50.63M-60.95M-27.61M-31.81M
Balance Sheet
Total Assets53.58M60.16M139.58M154.80M136.09M406.89M
Cash, Cash Equivalents and Short-Term Investments3.70M2.79M19.81M22.32M110.98M302.90M
Total Debt0.004.00M5.87M9.73M2.72M7.73M
Total Liabilities26.85M35.39M54.49M71.45M11.16M38.02M
Stockholders Equity26.73M24.77M85.09M83.34M124.93M370.07M
Cash Flow
Free Cash Flow-23.01M-32.66M-49.96M-55.80M-51.66M-8.69M
Operating Cash Flow-21.04M-28.90M-39.55M-44.81M-44.06M-413.00K
Investing Cash Flow-2.45M-3.78M-10.20M33.62M159.41M375.96M
Financing Cash Flow9.28M15.72M47.24M25.04M-316.89M-112.79M

Speqta AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.54
Price Trends
50DMA
0.39
Negative
100DMA
0.43
Negative
200DMA
0.43
Negative
Market Momentum
MACD
-0.02
Positive
RSI
35.49
Neutral
STOCH
16.11
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BRIGHT, the sentiment is Negative. The current price of 0.54 is above the 20-day moving average (MA) of 0.36, above the 50-day MA of 0.39, and above the 200-day MA of 0.43, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 35.49 is Neutral, neither overbought nor oversold. The STOCH value of 16.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:BRIGHT.

Speqta AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
kr6.43B16.0839.32%1.40%-13.85%-26.51%
65
Neutral
kr407.68M14.309.27%8.74%1.90%-60.00%
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
58
Neutral
kr6.00B57.528.74%―25.22%―
58
Neutral
kr374.36M-24.23-4.06%1.85%2.62%-235.03%
47
Neutral
kr233.68M-1.94-11.22%―17.70%85.68%
41
Neutral
kr36.86M-0.33-166.91%45.11%-30.85%6.07%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:BRIGHT
Speqta AB
0.31
0.05
21.09%
SE:CTM
Catena Media
2.91
1.04
55.76%
SE:HEM
Hemnet Group AB
66.80
-174.76
-72.35%
SE:ACAST
Acast AB
32.45
15.23
88.44%
SE:ENRO
Eniro Group AB Class A
28.40
10.24
56.39%
SE:NYOR
TradeDoubler AB
6.44
-1.28
-16.58%
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: Sep 26, 2026