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ChargePanel AB
(CHARGE)
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Rating:53Neutral
Price Target:
kr3.00
▲(97.37% Upside)
Action:Reiterated
Date:10/06/26
The score is constrained primarily by weak financial performance: despite strong top-line growth and a stabilized balance sheet, the company still shows negative gross profit, large net losses, and ongoing cash burn. Technicals are a supportive offset (price above major moving averages and positive MACD), while valuation is middling due to negative earnings and no dividend data.
Positive Factors
Strong Revenue Expansion
TTM revenue growth of about 46% and a strong multi-year trajectory show that ChargePanel is expanding from its earlier base. If this adoption continues, greater scale can improve operating leverage and provide a broader platform for the company’s EV-charging offering over the next several quarters.
Negative Factors
Negative Gross Profit
Negative gross profit across all reported periods means the company is not yet covering its direct costs through revenue. This is a fundamental weakness rather than a temporary earnings fluctuation, and it limits the ability of future sales growth to translate into sustainable operating profit.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Expansion
TTM revenue growth of about 46% and a strong multi-year trajectory show that ChargePanel is expanding from its earlier base. If this adoption continues, greater scale can improve operating leverage and provide a broader platform for the company’s EV-charging offering over the next several quarters.
Read all positive factors
ChargePanel AB (CHARGE) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr98.43M
Dividend YieldN/A
Average Volume (3M)39.06K
Price to Earnings (P/E)―
Beta (1Y)0.28
Revenue GrowthN/A
EPS GrowthN/A
CountrySE
Employees10
SectorGeneral
Sector StrengthN/A
IndustrySpecialty Retail
Share Statistics
EPS (TTM)-0.19
Shares Outstanding38,904,045
10 Day Avg. Volume28,445
30 Day Avg. Volume39,062
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)7.87
Price to Sales (P/S)5.57
P/FCF Ratio-4.79
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)-0.03
Revenue Forecast (FY)kr30.00M
ChargePanel AB Business Overview & Revenue Model
Company Description
ChargePanel AB (publ) provides a SaaS platform for the operation and management of electric vehicle charging networks. It offers ChargePanel Enterprise, ChargePanel Cloud, and ChargePanel Connect for Charge Point operators and e-mobility service p...
ChargePanel AB Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
46
Neutral
Cash Flow
21
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.18M | 10.11M | 12.61M | 8.76M | 4.59M | 4.07M |
| Gross Profit | -6.83M | -1.43M | -2.46M | -8.55M | -9.52M | -2.08M |
| EBITDA | -6.81M | -9.68M | -10.65M | -14.96M | -15.27M | -4.02M |
| Net Income | -7.55M | -10.90M | -11.90M | -15.45M | -15.30M | -4.06M |
Balance Sheet | ||||||
| Total Assets | 17.74M | 18.17M | 14.46M | 6.48M | 14.36M | 29.74M |
| Cash, Cash Equivalents and Short-Term Investments | 4.50M | 3.60M | 6.25M | 1.40M | 10.03M | 25.18M |
| Total Debt | 5.20M | 6.00M | 6.00M | 6.00M | 0.00 | 0.00 |
| Total Liabilities | 10.83M | 11.00M | 8.82M | 10.42M | 2.53M | 2.86M |
| Stockholders Equity | 6.92M | 7.16M | 5.64M | -3.94M | 11.83M | 26.88M |
Cash Flow | ||||||
| Free Cash Flow | -7.19M | -11.74M | -15.09M | -8.30M | -15.40M | -5.91M |
| Operating Cash Flow | -5.90M | -9.24M | -12.76M | -8.30M | -15.40M | -5.91M |
| Investing Cash Flow | -2.58M | -2.51M | -3.88M | 0.00 | 0.00 | 300.00K |
| Financing Cash Flow | 8.89M | 9.10M | 21.48M | -320.00K | 250.00K | 30.37M |
ChargePanel AB Technical Analysis
Positive
1.52
Price Trends
2.16
Positive
1.88
Positive
1.71
Positive
Market Momentum
0.10
Negative
55.87
Neutral
18.10
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CHARGE, the sentiment is Positive. The current price of 1.52 is below the 20-day moving average (MA) of 2.34, below the 50-day MA of 2.16, and below the 200-day MA of 1.71, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 55.87 is Neutral, neither overbought nor oversold. The STOCH value of 18.10 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:CHARGE.
ChargePanel AB Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | kr28.27B | 22.39 | 41.64% | 1.55% | 9.82% | 33.55% | |
60 Neutral | kr480.56M | -66.76 | ― | 29.79% | 31.66% | 68.15% | |
58 Neutral | kr637.51M | -13.84 | ― | 5.23% | -1.18% | -654.08% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | kr98.43M | -13.10 | ― | ― | ― | ― | |
51 Neutral | kr1.53B | -2.40 | -45.33% | ― | -5.59% | -1230.42% | |
48 Neutral | kr477.41M | -7.43 | ― | ― | 7.99% | 33.84% |
* General Sector Average
SE:CHARGE
ChargePanel AB
2.58
0.74
40.29%
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16.00
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SE:CDON
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SE:OBAB
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16.55
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24.91%
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.