GomSpace Group AB (GOMX) AI Stock Analysis

• Market Cap: €1.33B
• Dividend Yield: N/A
• Average Volume (3M): 597.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.20
• Revenue Growth: 9.60%
• EPS Growth: 40.86%
• Country: SE
• Employees: 176
• Sector: Industrials
• Sector Strength: 80
• Industry: Aerospace & Defense
• EPS (TTM): -0.62
• Shares Outstanding: 140,669,160
• 10 Day Avg. Volume: 621,662
• 30 Day Avg. Volume: 597,796
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall stock score of 52 reflects a mixed outlook for GomSpace Group AB. The company shows promising revenue growth and positive cash flow improvements, but faces significant challenges with profitability and high leverage, which could pose risks. The technical analysis indicates strong bullish momentum, though the stock appears overbought, warranting caution. Valuation metrics further highlight financial difficulties, suggesting the stock might be overvalued.

GomSpace Group AB Business Overview & Revenue Model

Company Description

GomSpace Group AB (publ), through its subsidiaries, designs, develops, integrates, and manufactures nanosatellites for the academic, government, and commercial markets. The company offers mission payloads in the areas of software defined radio, aircraft and ship tracking, ADS-B patch antenna, and optical earth observation; and power and communication systems, command and data handling products, attitude and orbit control systems, ground systems, and various ready to integrate structures. Its products are used in global tracking, Internet of things, communication, defense and security, remote sensing, and science mission applications. It operates in Denmark, Sweden, other European countries, the United States, Asia, and internationally. The company was formerly known as GS Sweden AB and changed its name to GomSpace Group AB (publ) in June 2017. GomSpace Group AB (publ) was founded in 2007 and is based in Uppsala, Sweden.

How the Company Makes Money

GomSpace Group AB generates revenue primarily through the sale and service of nanosatellite systems. The company's key revenue streams include the design and manufacturing of satellite components and complete nanosatellite systems. Additionally, GomSpace provides mission operations services and consultancy, supporting clients in the deployment and management of their satellite missions. Significant partnerships with space agencies, defense organizations, and private companies further bolster its earnings by facilitating the development and execution of large-scale satellite projects.

GomSpace Group AB Financial Statement Overview

Summary

GomSpace Group AB is showing signs of revenue growth and improved cash flows, which are positive indicators. However, the company is still grappling with significant profitability and leverage challenges, reflected in its negative margins and high debt levels. These factors present potential risks and suggest the need for strategic measures to enhance profitability and financial stability.

Income Statement

GomSpace Group AB has shown some improvement in revenue growth, with a 8.1% increase from the previous year. However, the company is facing significant profitability challenges. The gross profit margin improved to 29.5% in 2024 from 7.8% in 2023, yet the net profit margin remains negative at -33.8%. The EBIT and EBITDA margins are also negative, indicating ongoing operational losses.

Balance Sheet

The company's balance sheet reflects high leverage with a debt-to-equity ratio of 4.39. The return on equity is negative due to ongoing losses, and the equity ratio has significantly decreased to 7.1%, indicating a weakened equity base. These factors suggest potential financial instability and risk.

Cash Flow

On the cash flow front, GomSpace Group AB has demonstrated improvement in operating cash flow, turning positive to SEK 38.3 million in 2024 from a negative position in 2023. However, the free cash flow to net income ratio is negative due to continued net losses, indicating that the company is still not generating sufficient free cash flow to cover its losses.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
237.84M	198.38M	213.60M	194.58M	136.26M
	Gross Profit
18.62M	-51.12M	49.02M	47.65M	17.99M
	EBIT
-84.42M	-232.00M	-29.52M	-30.26M	-113.86M
	EBITDA
-27.02M	-155.62M	3.56M	-15.93M	-112.80M
	Net Income Common Stockholders
-92.60M	-227.82M	-27.33M	-43.57M	-151.66M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
61.08M	33.10M	83.52M	133.61M	106.24M
	Total Assets
302.21M	334.17M	395.80M	403.05M	436.75M
	Total Debt
90.73M	108.91M	46.67M	61.52M	78.56M
	Net Debt
29.65M	75.81M	-36.84M	-72.09M	-27.67M
	Total Liabilities
192.42M	229.37M	170.91M	155.63M	141.07M
	Stockholders Equity
109.78M	104.80M	224.89M	247.42M	295.68M
Cash Flow		Free Cash Flow
-55.50M	-209.32M	-24.28M	18.66M	-131.09M
	Operating Cash Flow
-47.91M	-159.07M	3.20M	43.44M	-92.63M
	Investing Cash Flow
-7.47M	-44.82M	-25.81M	-16.66M	-32.68M
	Financing Cash Flow
84.85M	132.85M	-16.93M	-10.01M	-16.52M

GomSpace Group AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.88
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:GOMX, the sentiment is Positive. The current price of 9.88 is above the 20-day moving average (MA) of 7.69, above the 50-day MA of 7.31, and above the 200-day MA of 5.26, indicating a bullish trend. The MACD of 0.56 indicates Negative momentum. The RSI at 76.09 is Negative, neither overbought nor oversold. The STOCH value of 97.01 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:GOMX.

GomSpace Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$4.24B	11.64	5.23%	249.83%	4.07%	-10.54%
GOMX	52 Neutral	€1.33B	―	-128.43%	―	9.60%	40.86%