SaltX Technology Holding AB Class B (SALT.B) AI Stock Analysis

• Market Cap: kr1.33B
• Dividend Yield: N/A
• Average Volume (3M): 384.97K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: -1.27%
• EPS Growth: -29.29%
• Country: SE
• Employees: 20
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): >-0.01
• Shares Outstanding: 198,166,560
• 10 Day Avg. Volume: 292,038
• 30 Day Avg. Volume: 384,966
• 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: 46 Neutral
• Price Target: kr7.00 ▲(4.01% Upside)

SaltX Technology Holding AB Class B faces significant challenges with profitability and cash flow, despite strong revenue growth. Technical indicators suggest potential bearish momentum, and valuation metrics are unattractive due to ongoing losses. The stock's overall score reflects these financial and market challenges.

SaltX Technology Holding AB Class B Business Overview & Revenue Model

Company Description

SaltX Technology Holding AB Class B (SALT.B) is a Swedish company that specializes in the development and commercialization of energy storage solutions utilizing salt-based technology. The company operates primarily in the energy sector, focusing on sustainable energy storage systems that can help balance energy supply and demand. SaltX's core products include advanced thermal energy storage systems designed for various applications, including industrial, commercial, and residential use, aimed at enhancing energy efficiency and reducing reliance on fossil fuels.

How the Company Makes Money

SaltX Technology generates revenue through the sale and licensing of its innovative energy storage solutions. The company's revenue model includes direct sales of its thermal energy storage systems to various sectors, as well as partnerships with energy companies and utilities to develop customized solutions for energy management. Additionally, SaltX may engage in joint ventures and collaborations that provide revenue through shared technology usage and development. The company also benefits from government grants and incentives aimed at promoting renewable energy technologies, which contribute to its financial stability and growth.

SaltX Technology Holding AB Class B Financial Statement Overview

Summary

SaltX Technology Holding AB Class B faces significant financial challenges, with negative profit margins and a volatile revenue stream. The income statement shows negative EBIT and EBITDA margins, while the balance sheet indicates some financial risk with a negative return on equity. Cash flow issues are evident, with negative free cash flow and reliance on external financing.

Income Statement

The income statement reflects significant challenges with negative profit margins. The TTM gross profit margin is negative at -71.60%, and the net profit margin is also negative at -250.08%. Revenue growth is volatile, with TTM revenue decreasing by -41.37% compared to the previous year, indicating a struggle in maintaining revenue streams. Margins such as EBIT and EBITDA are also negative, reflecting ongoing operational challenges.

Balance Sheet

The balance sheet shows a stable equity base, with an equity ratio of 63.84% in TTM, suggesting manageable leverage levels. However, the debt-to-equity ratio is 0.25, indicating some financial risk due to existing debt. Return on equity is negative, at -61.47%, which is concerning for shareholders expecting returns.

Cash Flow

Cash flow analysis reveals a negative free cash flow in TTM, with a decrease in free cash flow growth rate by 11.24%. The operating cash flow to net income ratio is 0.92, indicating cash flow issues. Although financing cash flow remains positive, reliance on external financing might not be sustainable in the long run.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	39.95M	39.90M	25.97M	256.00K	164.00K	94.00K
Gross Profit	7.14M	15.39M	87.66M	607.00K	18.32M	2.96M
EBITDA	-33.94M	-26.66M	-31.82M	-46.91M	-30.21M	-27.80M
Net Income	-64.00M	-56.51M	-48.85M	-60.86M	-38.94M	-38.96M
Balance Sheet
Total Assets	199.59M	169.32M	200.79M	167.24M	151.25M	135.62M
Cash, Cash Equivalents and Short-Term Investments	17.83M	21.93M	26.22M	74.34M	51.16M	45.65M
Total Debt	1.94M	23.32M	29.32M	30.90M	28.78M	31.54M
Total Liabilities	37.95M	49.42M	61.78M	41.62M	38.87M	40.19M
Stockholders Equity	161.64M	119.90M	139.00M	125.62M	112.38M	95.43M
Cash Flow
Free Cash Flow	-34.45M	-67.71M	-112.24M	-49.19M	-51.10M	-36.12M
Operating Cash Flow	-27.92M	-58.64M	-36.89M	-47.72M	-36.09M	-32.51M
Investing Cash Flow	-6.53M	-9.07M	-75.35M	-1.48M	-15.01M	-3.62M
Financing Cash Flow	28.28M	63.42M	64.12M	72.37M	56.61M	-3.55M

SaltX Technology Holding AB Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.73
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SALT.B, the sentiment is Negative. The current price of 6.73 is below the 20-day moving average (MA) of 7.06, below the 50-day MA of 7.89, and above the 200-day MA of 5.84, indicating a neutral trend. The MACD of -0.24 indicates Negative momentum. The RSI at 38.95 is Neutral, neither overbought nor oversold. The STOCH value of 20.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SALT.B.

SaltX Technology Holding AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SINT	―	kr781.99M	22.97	44.23%	5.50%	-11.78%	-26.26%
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ABSO	―	kr2.69B	31.31	―	1.37%	-8.40%	-40.98%
SALT.B	―	kr1.33B	―	-39.65%	―	-1.27%	-29.29%
OPTI	―	kr272.63M	―	―	―	51.98%	36.15%