Greater Than AB (GREAT) AI Stock Analysis

Greater Than AB

(Nasdaq OMX AB:GREAT)

Select Model

Rating:39Underperform

Price Target:SEK 5.50▼(-8.94% Downside)

Action:reiterated

Date:10/31/26

Low score primarily driven by weak financial performance from persistent losses and cash burn, poor valuation due to negative earnings, and bearish technical signals with declining price trends.

Positive Factors

Low leverageModest debt relative to the equity base limits fixed financial obligations and provides a stronger capital structure than the company’s profitability alone would suggest. This may preserve some flexibility to fund operations or respond to changing market conditions while losses remain elevated.

Negative Factors

Revenue contractionDeclining revenue reduces operating leverage and makes it harder to absorb the company’s fixed costs and product-development spending. Continued contraction would weaken commercial scale, constrain reinvestment capacity, and make a durable path toward profitability more difficult.

Greater Than AB (GREAT) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 93.14M
Dividend Yield: ―
Average Volume (3M): 33.71K
Price to Earnings (P/E): -1.9
Beta (1Y): 1.36
Revenue Growth: -74.64%
EPS Growth: -64.40%
Country: Sweden
Employees: 20
Sector: General
Sector Strength: 55
Industry: Software - Application

Greater Than AB Business Overview & Revenue Model

Company Description

Founded in 2004 and headquartered in Stockholm, Sweden, Greater Than AB specializes in delivering artificial intelligence solutions to auto insurance carriers and car manufacturers. These solutions facilitate the real-time pricing of risk on a per-ve...

Greater Than AB Financial Statement Overview

Summary

Persistent unprofitability with deeply negative margins, volatile revenue decline in TTM, and consistent cash burn, only partially offset by a low-leverage balance sheet.

Income Statement

12Very Negative

Balance Sheet

68Positive

Cash Flow

15Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.17M	5.74M	40.59M	28.27M	13.26M	16.70M
Gross Profit	-39.71M	-42.31M	20.84M	-1.30M	-29.81M	-9.36M
EBITDA	-47.87M	-41.92M	5.70M	-25.04M	-48.89M	-23.83M
Net Income	-52.32M	-57.16M	-1.30M	-32.22M	-54.18M	-30.28M
Balance Sheet
Total Assets	73.02M	98.78M	93.76M	51.16M	84.43M	146.81M
Cash, Cash Equivalents and Short-Term Investments	17.03M	46.04M	36.63M	18.17M	50.25M	114.70M
Total Debt	2.59M	172.00K	1.64M	1.71M	656.00K	2.15M
Total Liabilities	17.16M	18.96M	40.14M	16.52M	18.18M	23.50M
Stockholders Equity	55.86M	79.82M	53.62M	34.63M	66.24M	123.31M
Cash Flow
Free Cash Flow	-48.02M	-48.08M	-24.21M	-31.08M	-62.88M	-30.92M
Operating Cash Flow	-42.59M	-40.82M	-17.16M	-26.02M	-59.94M	-26.76M
Investing Cash Flow	-6.90M	-6.81M	-7.05M	-5.06M	-2.94M	-4.16M
Financing Cash Flow	56.43M	57.04M	42.67M	-1.00M	-1.57M	128.03M

Greater Than AB Technical Analysis

Technical Analysis SentimentNegative

Last Price6.04

Price Trends

50DMA7.81Negative

100DMA8.30Negative

200DMA9.90Negative

Market Momentum

MACD-0.58Negative

RSI38.24Neutral

STOCH18.13Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:GREAT, the sentiment is Negative. The current price of 6.04 is below the 20-day moving average (MA) of 6.26, below the 50-day MA of 7.81, and below the 200-day MA of 9.90, indicating a bearish trend. The MACD of -0.58 indicates Negative momentum. The RSI at 38.24 is Neutral, neither overbought nor oversold. The STOCH value of 18.13 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:GREAT.

Greater Than AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

SE:GREAT against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:SFTR	62Neutral	SEK 152.44M	51.53	―	―	5.05%	129.61%
SE:FLOWS	61Neutral	SEK 63.08M	18.21	―	―	0.62%	226.67%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
SE:XMR	52Neutral	SEK 35.39M	-20.71	-351.08%	―	-13.56%	96.77%
SE:SEYE	51Neutral	SEK 2.10B	-15.69	―	―	35.21%	40.30%
SE:BLINC.B	44Neutral	SEK 198.39M	-4.11	-98.57%	―	―	45.88%
SE:GREAT	39Underperform	SEK 113.45M	-1.89	―	―	-74.64%	-64.40%

* General Sector Average

Performance Comparison

SE:GREAT and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:GREAT	Greater Than AB	6.04	-12.86	-68.04%
SE:XMR	XMReality AB	0.03	0.02	163.64%
SE:BLINC.B	Terranet AB Class B	0.08	0.01	6.33%
SE:FLOWS	Flowscape Technology AB	3.22	0.21	6.98%
SE:SFTR	Safeture AB	3.88	-0.84	-17.80%
SE:SEYE	Smart Eye AB	53.50	-29.50	-35.54%

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: Oct 31, 2026

Greater Than AB AI Stock Analysis