Poolia AB Class B (PION.B) AI Stock Analysis

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Poolia AB Class B

(Nasdaq OMX AB:PION.B)

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Rating:62Neutral

Price Target:SEK 7.00▲(0.29% Upside)

Action:reiterated

Date:08/20/26

Overall score is driven primarily by improving financial performance (return to profitability and positive cash flow) but constrained by very low margins and historical volatility. Technicals are supportive with strong upward momentum, while the high P/E and lack of dividend information weigh on valuation.

Positive Factors

Revenue and profit recoveryThe sharp TTM recovery indicates renewed client demand and improved operating execution after losses in 2023–2025. Sustained growth could strengthen scale, restore profitability, and support Poolia’s competitive position in white-collar staffing.

Negative Factors

Very thin profitabilityExtremely narrow margins leave limited protection against wage inflation, pricing pressure, lower consultant utilization, or weaker recruitment volumes. Even modest cost or demand changes could materially reduce earnings and undermine the current recovery.

Poolia AB Class B (PION.B) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 336.27M
Dividend Yield: ―
Average Volume (3M): 11.56K
Price to Earnings (P/E): 18.5
Beta (1Y): 0.38
Revenue Growth: -2.39%
EPS Growth: ―
Country: Sweden
Employees: 2,521
Sector: Industrials
Sector Strength: 63
Industry: Staffing & Employment Services

Poolia AB Class B Business Overview & Revenue Model

Company Description

PION Group AB (publ) is a human resources firm providing staffing and recruitment services across Sweden, Finland, Norway, and Germany. Their offerings also include specialized executive search and interim management solutions. The company's staffing...

How the Company Makes Money

Poolia primarily makes money by delivering staffing and recruitment services to client organizations. 1) Temporary staffing (consulting/contract staffing): Poolia hires or engages consultants and assigns them to work at client sites for a defined per...

Poolia AB Class B Financial Statement Overview

Summary

Financials show a meaningful TTM turnaround with strong revenue growth (+47.4% YoY) and a return to positive EBIT/net income, supported by positive operating and free cash flow (~19.3M). Offsetting this, profitability remains very thin (gross margin ~4%, net margin ~0.6%) and results have been volatile across recent years, limiting confidence in durability.

Income Statement

52Neutral

Balance Sheet

72Positive

Cash Flow

61Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.42B	1.41B	1.60B	2.02B	2.09B	1.90B
Gross Profit	49.50M	-5.60M	52.60M	83.28M	73.93M	154.82M
EBITDA	43.10M	27.00M	-950.00K	23.34M	105.58M	133.38M
Net Income	18.40M	-211.00K	-62.90M	-14.42M	60.90M	80.62M
Balance Sheet
Total Assets	486.30M	471.20M	440.70M	650.85M	680.03M	636.85M
Cash, Cash Equivalents and Short-Term Investments	10.80M	8.30M	10.10M	46.79M	101.27M	121.68M
Total Debt	19.00M	40.50M	21.10M	38.30M	33.99M	27.68M
Total Liabilities	341.50M	339.70M	308.00M	443.50M	445.95M	423.37M
Stockholders Equity	144.40M	131.40M	132.50M	206.18M	232.53M	212.69M
Cash Flow
Free Cash Flow	19.30M	-6.10M	2.50M	32.19M	66.94M	106.98M
Operating Cash Flow	19.30M	-6.10M	4.10M	34.38M	68.88M	107.70M
Investing Cash Flow	5.80M	7.80M	-2.60M	-34.93M	-19.35M	-1.17M
Financing Cash Flow	-16.70M	-3.10M	-38.50M	-53.67M	-71.67M	-49.53M

Poolia AB Class B Technical Analysis

Technical Analysis SentimentPositive

Last Price6.98

Price Trends

50DMA6.64Positive

100DMA6.15Positive

200DMA5.69Positive

Market Momentum

MACD0.07Negative

RSI58.11Neutral

STOCH96.58Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:PION.B, the sentiment is Positive. The current price of 6.98 is above the 20-day moving average (MA) of 6.82, above the 50-day MA of 6.64, and above the 200-day MA of 5.69, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 58.11 is Neutral, neither overbought nor oversold. The STOCH value of 96.58 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:PION.B.

Poolia AB Class B Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

SE:PION.B against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:DEDI	72Outperform	SEK 619.52M	12.30	―	2.82%	9.56%	20.95%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SE:PION.B	62Neutral	SEK 336.27M	18.51	13.61%	―	-2.39%	―
SE:REJL.B	61Neutral	SEK 3.40B	19.84	8.01%	3.52%	6.51%	-22.98%
SE:EWRK	57Neutral	SEK 876.46M	16.57	―	7.89%	-12.06%	-50.75%
SE:CALVIK	51Neutral	SEK 343.32M	22.83	―	―	137.45%	77.59%
SE:WISE	39Underperform	SEK 98.89M	-5.33	-28.66%	―	-19.48%	37.71%

* Industrials Sector Average

Performance Comparison

SE:PION.B and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:PION.B	Poolia AB Class B	6.98	1.62	30.22%
SE:WISE	Wise Group AB	11.15	-2.00	-15.21%
SE:REJL.B	Rejlers AB Class B	149.00	-43.46	-22.58%
SE:DEDI	Dedicare AB	62.00	18.48	42.48%
SE:CALVIK	Job Solution Sweden Holding AB	63.00	15.90	33.76%
SE:EWRK	Ework Group AB	50.70	-37.57	-42.56%

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: Aug 20, 2026

Poolia AB Class B AI Stock Analysis