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Neola Medical AB (SE:NEOLA)
:NEOLA
Sweden Market
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Neola Medical AB (NEOLA) AI Stock Analysis

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SE:NEOLA

Neola Medical AB

(NEOLA)

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Neutral 44 (OpenAI - Gpt-5.6Sol)
Rating:44Neutral
Price Target:
kr0.59
▲(1.21% Upside)
Action:Reiterated
Date:09/09/26
The score is primarily held back by very weak financial performance (near-zero revenue, ongoing losses, and continued cash burn). Technicals add additional caution given the price remains below key longer-term moving averages. Valuation provides little support due to negative earnings and no dividend yield data, while no earnings-call or corporate-event information was available to offset these risks.
Positive Factors
Debt-free balance sheet
Zero reported debt limits financial risk and avoids interest or refinancing burdens, while substantial equity provides a financial buffer for continued product development. This flexibility can support commercialization efforts and reduce immediate solvency pressure as the company works toward revenue generation.
Negative Factors
No meaningful revenue yet
The absence of meaningful revenue indicates that Neola has not yet demonstrated commercial adoption or a functioning revenue engine. Until sales begin to scale, the company cannot validate market demand through financial performance or fund ongoing development from operating receipts.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt limits financial risk and avoids interest or refinancing burdens, while substantial equity provides a financial buffer for continued product development. This flexibility can support commercialization efforts and reduce immediate solvency pressure as the company works toward revenue generation.
Read all positive factors

Neola Medical AB (NEOLA) vs. iShares MSCI Sweden ETF (EWD)

Neola Medical AB Business Overview & Revenue Model

Company Description
Neola Medical AB (publ) specializes in developing advanced medical devices for the continuous pulmonary assessment of premature babies. At the core of its offerings is NEOLA, a sophisticated medical instrument critical for neonatal intensive care....
How the Company Makes Money
Neola Medical AB’s revenue model is primarily tied to commercializing its medical device(s) for neonatal monitoring, which would typically generate income through sales of devices to hospitals/clinics and potentially recurring revenue from associa...

Neola Medical AB Financial Statement Overview

Summary
Overall financials are weak: revenue is effectively zero across 2022–2025 with persistent net losses (~SEK 11.0M loss in 2025). Cash flow remains negative with ongoing operating cash burn (~-SEK 12.0M in 2025). The main offsetting positive is a strong balance sheet with zero reported debt and meaningful equity (~SEK 75.8M in 2025), reducing near-term solvency risk.
Income Statement
18
Very Negative
Balance Sheet
68
Positive
Cash Flow
32
Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.00625.00K
Gross Profit-1.39M-1.53M-1.43M-571.00K-7.36M
EBITDA-9.75M-8.54M-7.58M-9.82M-6.64M
Net Income-11.02M-10.06M-9.01M-10.35M-6.65M
Balance Sheet
Total Assets78.80M73.61M86.02M75.33M43.83M
Cash, Cash Equivalents and Short-Term Investments16.12M19.55M21.58M40.09M22.94M
Total Debt0.000.000.000.000.00
Total Liabilities3.00M4.65M6.99M7.84M3.19M
Stockholders Equity75.80M68.96M79.03M67.48M40.63M
Cash Flow
Free Cash Flow-21.25M-10.84M-18.85M-20.05M-17.45M
Operating Cash Flow-11.95M-10.84M-6.54M-8.50M-6.93M
Investing Cash Flow-9.34M-11.18M-12.30M-11.56M-10.52M
Financing Cash Flow17.86M20.00M336.00K37.20M23.74M

Neola Medical AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.58
Price Trends
50DMA
0.60
Negative
100DMA
0.81
Negative
200DMA
0.86
Negative
Market Momentum
MACD
-0.01
Negative
RSI
43.95
Neutral
STOCH
12.90
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NEOLA, the sentiment is Negative. The current price of 0.58 is above the 20-day moving average (MA) of 0.53, below the 50-day MA of 0.60, and below the 200-day MA of 0.86, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 43.95 is Neutral, neither overbought nor oversold. The STOCH value of 12.90 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:NEOLA.

Neola Medical AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
kr1.06B-27.98-3.99%-0.34%29.54%
52
Neutral
kr350.26M-7.89-22.23%6.49%25.03%
51
Neutral
kr555.45M-66.67-2.84%-13.72%52.47%
44
Neutral
kr59.11M-3.22-13.49%
43
Neutral
kr509.38M-4.44-37.43%27.40%26.07%
43
Neutral
kr243.76M-6.21-100.09%65.82%41.28%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:NEOLA
Neola Medical AB
0.53
-1.64
-75.73%
SE:SEZI
Senzime AB
3.16
-2.96
-48.36%
SE:BACTI.B
Bactiguard Holding AB
16.00
-9.80
-37.98%
SE:ACARIX
Acarix AB
0.21
-0.09
-29.90%
SE:BRAIN
BrainCool AB
0.92
0.05
5.89%
SE:SEDANA
Sedana Medical AB
10.00
-3.02
-23.20%
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 09, 2026