Crunchfish AB (CFISH) AI Stock Analysis

• Market Cap: kr272.06M
• Dividend Yield: N/A
• Average Volume (3M): 284.67K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.86
• Revenue Growth: -51.24%
• EPS Growth: 67.07%
• Country: SE
• Employees: 20
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.07
• Shares Outstanding: 77,842,890
• 10 Day Avg. Volume: 271,764
• 30 Day Avg. Volume: 284,667
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr3.50
• Price Target Upside: 0.00%
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: kr3.50 ▲(0.00% Upside)

Crunchfish AB's overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues and persistent losses. The technical analysis provides mixed signals, with some short-term weakness indicated. The valuation is unattractive due to negative earnings. These factors combine to result in a low overall stock score.

Crunchfish AB Business Overview & Revenue Model

Company Description

Crunchfish AB (publ) develops and offers technology solutions. The company develops Digital Cash online, which provides payment availability and load balancing to banks, mobile operators, and payment services; and Digital Cash offline that is integrated with Digital Cash online. It also develops and offers Gesture Interaction, which is a touchless interaction that enable users to interact with devices without touching displays or physical buttons. Crunchfish AB (publ) was incorporated in 2010 and is headquartered in Malmö, Sweden.

How the Company Makes Money

Crunchfish AB generates revenue primarily through its licensing model, offering its technology to financial institutions and payment service providers. The company earns money by charging fees for the use of its software and technology solutions, which may include one-time licensing fees, ongoing royalties, and service agreements. Additionally, Crunchfish has formed strategic partnerships with key players in the financial services industry to enhance its product offerings and expand its market reach, further contributing to its revenue streams. The growing demand for digital payment solutions and the transition towards cashless economies also position Crunchfish to capitalize on emerging trends in the fintech space.

Crunchfish AB Financial Statement Overview

Summary

Crunchfish AB is facing severe financial challenges with persistent losses, declining revenues, and negative cash flows. Despite a low debt level, profitability and operational cash flow generation are major concerns, necessitating immediate strategic interventions.

Income Statement

Crunchfish AB has been facing significant challenges in improving its profitability and revenue growth. The TTM (Trailing-Twelve-Months) data shows a negative gross profit margin, indicating costs exceeding revenue. There is a consistent trend of declining revenue and increasing net losses each year, with the latest period reporting a substantial net loss. This indicates severe profitability issues and suggests an urgent need for strategic realignment.

Balance Sheet

The balance sheet reflects a relatively strong equity position, with a high equity ratio indicating that most of the company's assets are financed by equity rather than debt. However, the company's return on equity is negative due to consistent losses, which is a major concern. The debt-to-equity ratio is low, which suggests minimal leverage risk, but the overall financial stability is compromised by ongoing operational losses.

Cash Flow

Cash flow analysis reveals a negative free cash flow trend, which is worsening over time. The operating cash flow to net income ratio is negative, further reflecting operational inefficiencies. Although there are some financing activities, they are not sufficient to cover the cash burn from operations and investments, indicating potential liquidity issues if the trend continues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.28M	2.93M	987.83K	6.19M	3.96M	10.88M
Gross Profit	-13.83M	-7.61M	-7.61M	-1.99M	-5.30M	-189.67K
EBITDA	-22.63M	-20.85M	-48.84M	-23.79M	-36.48M	-24.89M
Net Income	-22.52M	-26.53M	-49.30M	-25.90M	-40.90M	-25.44M
Balance Sheet
Total Assets	54.53M	54.97M	61.52M	66.49M	64.19M	44.30M
Cash, Cash Equivalents and Short-Term Investments	13.18M	17.28M	30.73M	29.29M	32.76M	8.67M
Total Debt	857.38K	957.49K	1.42M	383.49K	560.58K	789.06K
Total Liabilities	7.85M	7.80M	9.25M	7.72M	8.35M	9.46M
Stockholders Equity	46.68M	47.16M	52.26M	58.77M	55.84M	34.84M
Cash Flow
Free Cash Flow	-27.02M	-34.75M	-42.62M	-30.47M	-33.73M	-23.09M
Operating Cash Flow	-21.61M	-22.04M	-24.91M	-16.85M	-19.39M	-12.94M
Investing Cash Flow	-8.67M	-12.71M	-17.71M	-13.62M	-15.84M	-15.15M
Financing Cash Flow	31.05M	21.25M	43.87M	26.78M	59.25M	23.64M

Crunchfish AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CFISH, the sentiment is Negative. The current price of 3.5 is below the 20-day moving average (MA) of 3.72, below the 50-day MA of 3.53, and above the 200-day MA of 2.20, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 46.15 is Neutral, neither overbought nor oversold. The STOCH value of 26.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:CFISH.

Crunchfish AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CDMIL	55 Neutral	kr194.11M	43.42	―	3.51%	-7.50%	-34.43%
TERRNT.B	47 Neutral	€159.50M	―	-114.69%	―	―	33.20%
CFISH	45 Neutral	kr272.06M	―	―	―	-51.24%	67.07%
GREAT	44 Neutral	kr314.51M	―	―	―	-50.26%	-94.64%