Hitech & Development Wireless Sweden Holding AB Class B (HDW.B) AI Stock Analysis

• Market Cap: €6.20M
• Dividend Yield: N/A
• Average Volume (3M): 119.16K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.20
• Revenue Growth: -14.71%
• EPS Growth: 93.93%
• Country: SE
• Employees: 31
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): -0.52
• Shares Outstanding: 12,345,052
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 119,155
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 37 Underperform
• Price Target: ―

The overall stock score for Hitech & Development Wireless Sweden Holding AB Class B is primarily driven by its poor financial performance, highlighted by declining revenues, persistent losses, and liquidity challenges. The absence of technical data and a negative valuation perspective further contribute to this low score, indicating significant risks for investors.

Hitech & Development Wireless Sweden Holding AB Class B Business Overview & Revenue Model

Company Description

Hitech & Development Wireless Sweden Holding AB (publ) provides technology and services within Internet of Things (IoT) and real-time location system (RTLS) in Sweden. The company offers Griffin Enterprise Positioning Services, an IoT cloud platform, which provides RTLS solutions that helps companies to digitize and visualize business processes in real-time in the fields of industry, construction, yard management, and hospitality; and CASAT, a cloud-based platform for the manufacturing execution system. It also provides connectivity modules, such as dual band, and dual mode Wi-Fi and Bluetooth modules, as well as Wi-Fi systems packages for use in the automotive infotainment, wearables, healthcare, industrial, smart buildings, and connected homes for IoT. In addition, the company offers consultancy services, which include engineering services in the automotive industry; design applications for smart home, industrial IoT, smart building, interactive consumer devices, smart city, and healthcare; and develops solutions for ergonomics, maintenance, scalability, and environment of MVV labs. The company was founded in 2009 and is based in Kista, Sweden.

How the Company Makes Money

Hitech & Development Wireless Sweden Holding AB generates revenue through the sale of its wireless communication products and solutions. The company's primary revenue stream comes from the commercial distribution of its wireless modules and sensors, which are widely used in various applications such as industrial automation, smart cities, and Internet of Things (IoT) ecosystems. Additionally, the company may engage in strategic partnerships with technology firms and service providers to expand its market reach and enhance its product offerings. Licensing technology and providing maintenance and support services for its products could also contribute to its earnings.

Hitech & Development Wireless Sweden Holding AB Class B Financial Statement Overview

Summary

Hitech & Development Wireless Sweden Holding AB Class B is facing significant financial difficulties. The income statement reveals declining revenue and persistent losses, while the balance sheet reflects shrinking equity and potential stability risks. Cash flow issues further exacerbate the situation, with negative operating and free cash flows signaling liquidity concerns. The company needs to address these challenges to improve its financial health.

Income Statement

The company shows a significant decline in revenue and profitability. Revenue fell by approximately 26.8% from the previous year, indicating a negative growth trajectory. The gross profit margin is negative, and the net profit margin is also deeply negative, suggesting ongoing financial challenges. Both EBIT and EBITDA margins are negative, further highlighting operational inefficiencies.

Balance Sheet

The company's balance sheet shows some stability, with no debt reported in the latest year. However, the equity base has shrunk significantly, and the equity ratio has decreased, indicating potential risks. The return on equity is negative, reflecting the company's inability to generate profit from shareholders' equity.

Cash Flow

Cash flow analysis highlights a concerning trend, with negative operating and free cash flows, indicating that the company is currently not generating sufficient cash from its operations. The free cash flow growth rate is negative, and both the operating cash flow to net income and free cash flow to net income ratios are unfavorable, pointing to liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	19.51M	20.60M	28.13M	22.13M	13.35M	15.95M
Gross Profit	11.67M	26.66M	15.68M	14.14M	12.46M	15.37M
EBITDA	263.00K	-11.82M	-34.98M	-32.62M	-25.63M	-23.24M
Net Income	-11.40M	-24.86M	-38.18M	-34.74M	-26.62M	-23.01M
Balance Sheet
Total Assets	13.27M	16.46M	52.24M	65.92M	70.10M	82.27M
Cash, Cash Equivalents and Short-Term Investments	495.00K	313.00K	2.31M	4.67M	1.33M	12.25M
Total Debt	0.00	0.00	3.70M	4.06M	3.91M	3.13M
Total Liabilities	8.22M	12.09M	34.73M	29.59M	19.68M	23.06M
Stockholders Equity	5.05M	6.93M	17.51M	36.32M	50.42M	59.21M
Cash Flow
Free Cash Flow	-19.96M	-14.04M	-17.43M	-22.23M	-31.65M	-19.76M
Operating Cash Flow	-16.23M	-10.78M	-17.34M	-22.23M	-29.23M	-18.06M
Investing Cash Flow	-5.57M	-3.26M	107.00K	-125.00K	-2.47M	-1.97M
Financing Cash Flow	21.39M	12.04M	14.88M	25.70M	20.78M	19.81M

Hitech & Development Wireless Sweden Holding AB Class B 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%
WAYS	50 Neutral	kr295.35M	―	―	―	4.90%	1.80%
HDW.B	37 Underperform	€6.20M	―	-317.77%	―	-14.71%	93.93%