Insplorion AB (INSP) AI Stock Analysis

Insplorion AB

(Nasdaq OMX AB:INSP)

Select Model

Rating:46Neutral

Price Target:SEK 0.13▲(14.55% Upside)

Action:reiterated

Date:09/29/26

The score is primarily held back by weak financial performance—shrinking revenue, deeply negative profitability (including negative TTM gross profit), and ongoing operating/free-cash-flow losses that increase financing risk. Technicals provide only modest support (RSI near 60 and price above shorter moving averages) but are tempered by a negative MACD and mixed longer-term trend. Valuation is not supportive given the negative P/E and no dividend yield data.

Positive Factors

Low LeverageZero reported debt limits financial leverage and avoids the interest burden associated with borrowing. This gives Insplorion greater flexibility to manage its technology development and commercial activities, although continued losses still weaken overall balance-sheet resilience.

Negative Factors

Revenue ContractionA year-over-year decline in already small revenue indicates that commercial traction has not yet become durable. Continued contraction would limit operating leverage, reduce funds available for product development, and make it harder for the company to absorb fixed costs as it scales.

Insplorion AB (INSP) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 8.67M
Dividend Yield: ―
Average Volume (3M): 425.40K
Price to Earnings (P/E): -0.3
Beta (1Y): -0.35
Revenue Growth: 30.87%
EPS Growth: 30.31%
Country: Sweden
Employees: 8
Sector: Technology
Sector Strength: 61
Industry: Hardware, Equipment & Parts

Insplorion AB Business Overview & Revenue Model

Company Description

Insplorion AB (publ) specializes in the development and global distribution of advanced scientific instrument systems for researchers across diverse fields. Their product portfolio features the Insplorion Acoulyte, which uniquely integrates optical s...

How the Company Makes Money

Insplorion makes money primarily by selling products and solutions based on its Nanoplasmonic Sensing (NPS) platform. Key revenue streams typically include: (1) instrument sales (hardware systems that perform nanoplasmonic measurements), (2) recurrin...

Insplorion AB Financial Statement Overview

Summary

Overall financial statements are pressured: revenue is small and down ~14% TTM vs. prior year, profitability is deeply negative (including negative TTM gross profit), and operating losses remain large. Cash generation is weak with consistently negative operating cash flow and negative TTM free cash flow, implying ongoing funding/dilution risk. The main offset is zero reported debt, but equity has declined and losses continue to erode resilience.

Income Statement

12Very Negative

Balance Sheet

46Neutral

Cash Flow

18Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.61M	1.88M	1.86M	1.95M	3.01M	2.33M
Gross Profit	-7.63M	-19.66M	4.28M	6.61M	2.57M	4.88M
EBITDA	-17.37M	-18.93M	-18.37M	-23.31M	-20.45M	-10.87M
Net Income	-27.69M	-24.62M	-19.66M	-24.27M	-28.71M	-11.78M
Balance Sheet
Total Assets	13.63M	10.75M	31.52M	30.07M	47.09M	72.08M
Cash, Cash Equivalents and Short-Term Investments	1.22M	2.60M	12.75M	11.20M	26.41M	49.46M
Total Debt	0	0	269.00K	1.21M	1.58M	2.40M
Total Liabilities	4.96M	3.15M	5.29M	5.31M	7.71M	11.48M
Stockholders Equity	8.66M	7.60M	26.23M	24.76M	39.38M	60.60M
Cash Flow
Free Cash Flow	-13.94M	-20.14M	-15.64M	-19.28M	-22.26M	-17.97M
Operating Cash Flow	-13.82M	-16.97M	-15.64M	-19.28M	-20.33M	-14.68M
Investing Cash Flow	-2.61M	-3.16M	-3.00M	-5.15M	-1.93M	-3.29M
Financing Cash Flow	10.08M	9.98M	20.20M	9.22M	-784.00K	866.00K

Insplorion AB Technical Analysis

Technical Analysis SentimentNegative

Last Price0.11

Price Trends

50DMA0.11Positive

100DMA0.12Negative

200DMA0.11Negative

Market Momentum

MACD0.00Positive

RSI48.28Neutral

STOCH48.36Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:INSP, the sentiment is Negative. The current price of 0.11 is below the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.11, and below the 200-day MA of 0.11, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 48.28 is Neutral, neither overbought nor oversold. The STOCH value of 48.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:INSP.

Insplorion AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

SE:INSP against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:TAGM.B	73Outperform	SEK 458.47M	11.90	13.47%	―	1.82%	81.56%
SE:KENH	67Neutral	SEK 73.49M	18.29	11.06%	―	20.56%	57.70%
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SE:INSP	46Neutral	SEK 8.67M	-0.33	-210.34%	―	30.87%	30.31%
SE:ACCON	44Neutral	SEK 826.90M	-21.83	-14.10%	―	57.78%	-44.95%

* Technology Sector Average

Performance Comparison

SE:INSP and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:INSP	Insplorion AB	0.11	-0.12	-51.33%
SE:TAGM.B	TagMaster AB Class B	31.30	14.25	83.58%
SE:SE0022240115	JonDeTech Sensors AB	0.35	-0.35	-50.28%
SE:KENH	Kentima Holding AB Class B	2.52	-0.92	-26.74%
SE:ACCON	Acconeer AB	10.86	1.56	16.77%
SE:QSYS	Qualisys Holding AB	36.50	-12.59	-25.64%

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: Sep 29, 2026

Insplorion AB AI Stock Analysis