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Divio Technologies AB Class B (SE:DIVIO.B)
:DIVIO.B
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Divio Technologies AB Class B (DIVIO.B) AI Stock Analysis

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SE:DIVIO.B

Divio Technologies AB Class B

(DIVIO.B)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
kr0.05
▲(4.00% Upside)
Action:Reiterated
Date:08/17/26
The score is held down primarily by weak financial performance (ongoing losses, negative gross profit, and material cash burn) despite strong recent revenue growth and no debt. Technicals also lean bearish with price below key moving averages and negative MACD. Valuation is constrained by the lack of positive earnings (negative P/E) and no dividend yield data.
Positive Factors
Strong Revenue Growth
The sharp top-line rebound indicates improving customer demand and market activity. If sustained, this growth can provide operating leverage and a larger installed base for Divio’s cloud application deployment tools.
Negative Factors
Persistent Unprofitability
Revenue growth has not translated into viable unit economics. Negative gross profit suggests pricing, product mix, or cost pressures, while continued operating losses reduce the likelihood of self-funded expansion unless margins improve materially.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
The sharp top-line rebound indicates improving customer demand and market activity. If sustained, this growth can provide operating leverage and a larger installed base for Divio’s cloud application deployment tools.
Read all positive factors

Divio Technologies AB Class B (DIVIO.B) vs. iShares MSCI Sweden ETF (EWD)

Divio Technologies AB Class B Business Overview & Revenue Model

Company Description
Divio Technologies AB (publ) develops and markets software platforms that enable companies to construct, operate, and maintain sophisticated websites within a cloud-based environment. This platform empowers enterprise IT departments to create dive...
How the Company Makes Money
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Divio Technologies AB Class B Financial Statement Overview

Summary
Despite sharp TTM revenue growth (~+289%) and a low-risk capital structure (zero debt, improved equity), fundamentals are still dominated by weak economics: the company remains loss-making (TTM net margin ~-28%), gross profit turned slightly negative, and returns on equity are deeply negative.
Income Statement
22
Negative
Balance Sheet
61
Positive
Cash Flow
28
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue34.95M34.08M25.20M27.07M18.84M15.70M
Gross Profit-561.00K18.86M-15.18M5.67M23.40M20.13M
EBITDA-700.00K339.00K-8.81M-7.04M-8.63M-10.64M
Net Income-9.69M-7.76M-15.89M-13.20M-9.07M-10.88M
Balance Sheet
Total Assets26.86M32.41M33.00M30.18M26.46M27.53M
Cash, Cash Equivalents and Short-Term Investments7.77M7.85M9.27M12.64M2.06M9.29M
Total Debt0.000.000.000.000.000.00
Total Liabilities16.25M29.57M29.62M22.47M8.38M8.77M
Stockholders Equity10.61M2.84M3.38M7.71M18.07M18.76M
Cash Flow
Free Cash Flow-7.96M-10.97M-17.85M5.08M-9.47M-11.68M
Operating Cash Flow-5.33M-7.49M-11.28M12.75M-4.80M-7.23M
Investing Cash Flow-3.92M-3.50M-6.57M-7.64M-4.62M-4.47M
Financing Cash Flow15.10M9.72M14.40M10.42M2.00M19.80M

Divio Technologies AB Class B Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
kr3.35B28.1232.94%1.68%8.48%19.59%
62
Neutral
kr219.61M-97.17-2.10%25.37%-69.77%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
55
Neutral
kr491.65M-24.7921.86%74.32%
43
Neutral
kr31.85M-1.84-200.02%6.03%-6.48%
42
Neutral
kr1.37M-0.10-56.48%-28.88%73.76%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:DIVIO.B
Divio Technologies AB Class B
0.05
-0.08
-59.23%
SE:DONE
24SevenOffice
7.64
-1.06
-12.18%
SE:SPOTR
AppSpotr AB
0.72
-0.18
-19.64%
SE:LITI
Litium AB
11.35
-1.64
-12.60%
SE:LIME
Lime Technologies AB
252.50
-79.30
-23.90%
SE:ONEF
Oneflow AB
17.35
-8.85
-33.78%
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: Aug 17, 2026