Lime Technologies AB (LIME) AI Stock Analysis

7 Followers

Lime Technologies AB

(Nasdaq OMX AB:LIME)

Select Model

Rating:79Outperform

Price Target:SEK 310.00▲(14.39% Upside)

Action:reiterated

Date:10/23/26

The score is driven primarily by strong financial performance (profitability, growth, improving leverage) and supportive technical strength (price above key averages with positive MACD). The main constraints are the elevated valuation (P/E ~29) and the notable gross margin compression plus uneven cash flow consistency.

Positive Factors

Recurring SaaS RevenueThe subscription-based CRM model provides recurring revenue, while implementation and support services add complementary monetization. This mix can support ongoing customer relationships and more predictable revenue generation as Lime serves small and mid-sized enterprises.

Negative Factors

Gross Margin CompressionThe sharp decline in gross margin is a structural profitability concern because it indicates that a smaller share of revenue remains after direct costs. If this trend persists, it could constrain operating leverage and reduce the earnings benefit of future revenue growth.

Lime Technologies AB (LIME) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 3.58B
Dividend Yield: 1.66%
Average Volume (3M): 33.34K
Price to Earnings (P/E): 29.4
Beta (1Y): 0.37
Revenue Growth: 8.57%
EPS Growth: 17.98%
Country: Sweden
Employees: 525
Sector: Technology
Sector Strength: 61
Industry: Software - Application

Lime Technologies AB Business Overview & Revenue Model

Company Description

Lime Technologies AB (publ) specializes in delivering cloud-based customer relationship management (CRM) software across the Nordic region. The company is involved in the development, sales, implementation, and ongoing support of its CRM systems, com...

How the Company Makes Money

Lime Technologies primarily generates revenue by selling access to its CRM software on a recurring basis (subscription/SaaS), where customers pay ongoing fees to use the platform (often tied to factors such as number of users and selected modules). I...

Lime Technologies AB Financial Statement Overview

Summary

Fundamentals are strong overall: solid profitability (TTM net margin ~15.4%, EBIT margin ~20.9%), strong scaling/growth, and improving leverage (debt-to-equity down to ~0.43) with high ROE (~32%). The main offsets are a sharp gross margin decline in TTM (~37.9% vs prior-year levels) and less consistent cash flow (OCF coverage ~0.52; volatile FCF growth).

Income Statement

86Very Positive

Balance Sheet

78Positive

Cash Flow

74Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	799.55M	747.41M	685.74M	577.12M	491.80M	404.10M
Gross Profit	302.72M	369.30M	330.78M	278.99M	315.41M	260.17M
EBITDA	223.72M	227.47M	211.22M	180.73M	152.74M	132.71M
Net Income	122.80M	111.69M	89.39M	83.38M	67.82M	58.69M
Balance Sheet
Total Assets	968.74M	899.18M	920.69M	696.93M	663.93M	665.09M
Cash, Cash Equivalents and Short-Term Investments	70.92M	49.24M	49.05M	30.02M	35.41M	55.17M
Total Debt	175.54M	180.47M	252.31M	169.19M	224.15M	254.16M
Total Liabilities	564.09M	539.86M	609.23M	432.25M	458.61M	530.02M
Stockholders Equity	404.65M	359.33M	311.45M	264.68M	205.32M	135.07M
Cash Flow
Free Cash Flow	163.97M	133.45M	155.20M	112.32M	90.09M	102.39M
Operating Cash Flow	197.89M	187.04M	196.47M	142.50M	118.63M	124.64M
Investing Cash Flow	-61.11M	-54.22M	-193.94M	-30.14M	-28.57M	-223.80M
Financing Cash Flow	-119.59M	-129.51M	15.65M	-118.30M	-112.70M	89.02M

Lime Technologies AB Technical Analysis

Technical Analysis SentimentPositive

Last Price271.00

Price Trends

50DMA251.59Positive

100DMA236.84Positive

200DMA222.80Positive

Market Momentum

MACD4.36Positive

RSI60.51Neutral

STOCH62.90Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:LIME, the sentiment is Positive. The current price of 271.00 is above the 20-day moving average (MA) of 265.04, above the 50-day MA of 251.59, and above the 200-day MA of 222.80, indicating a bullish trend. The MACD of 4.36 indicates Positive momentum. The RSI at 60.51 is Neutral, neither overbought nor oversold. The STOCH value of 62.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:LIME.

Lime Technologies AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

SE:LIME against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:UPSALE	82Outperform	SEK 451.27M	16.85	―	7.97%	11.34%	40.60%
SE:LIME	79Outperform	SEK 3.58B	29.42	32.20%	1.66%	8.57%	17.98%
SE:VIT.B	75Outperform	SEK 12.00B	25.57	9.27%	1.20%	5.55%	18.93%
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SE:LITI	60Neutral	SEK 193.49M	-105.19	-1.46%	―	26.50%	-137.53%
SE:ONEF	55Neutral	SEK 490.23M	-25.00	―	―	20.62%	85.64%

* Technology Sector Average

Performance Comparison

SE:LIME and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:LIME	Lime Technologies AB	271.00	-55.93	-17.11%
SE:DONE	24Sevenoffice Scandinavia Ab	6.36	-0.03	-0.47%
SE:LITI	Litium AB	9.72	-3.93	-28.79%
SE:VIT.B	Vitec Software Group AB Class B	304.00	-10.40	-3.31%
SE:UPSALE	Upsales Technology AB	27.30	-3.05	-10.04%
SE:ONEF	Oneflow AB	17.50	-9.60	-35.42%

Lime Technologies AB Corporate Events

Lime Technologies Delivers Profitable Growth as AI‑Driven CRM Suite Expands

Oct 20, 2026

Lime Technologies AB, a European CRM specialist, offers a full‑service model spanning software development, expert services and customer support, with a strong emphasis on local data handling and regulatory compliance in European markets. The company...

Lime Technologies appoints Nomination Committee ahead of 2027 AGM

Oct 13, 2026

Lime Technologies AB has appointed its Nomination Committee ahead of the Annual General Meeting scheduled for 22 April 2027, in line with principles adopted in 2020. The committee’s members, representing major shareholders and holding 27 per cent of...

Lime Technologies to Present January–September 2026 Interim Report

Oct 8, 2026

Lime Technologies AB will publish its interim report for the period January to September 2026 on October 20 at 07:50 CET and will follow up with a webcast presentation at 09:30 CET the same day. The English-language webcast, led by CEO Tommas Davoust...

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 23, 2026

Lime Technologies AB AI Stock Analysis