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Simris Alg AB Class B (SE:SIMRIS.B)
:SIMRIS.B
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Simris Alg AB Class B (SIMRIS.B) AI Stock Analysis

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SE:SIMRIS.B

Simris Alg AB Class B

(SIMRIS.B)

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Neutral 41 (OpenAI - Gpt-5.6Sol)
Rating:41Neutral
Price Target:
kr0.10
▲(137.50% Upside)
Action:Reiterated
Date:08/19/26
The score is primarily weighed down by very weak financial performance (shrinking revenue, negative gross profit and margins, ongoing cash burn) combined with a highly strained balance sheet (near-zero equity and high debt). Technical indicators are mixed with neutral momentum and oversold signals, offering only limited support, while valuation is constrained by negative earnings and no dividend yield.
Positive Factors
Improving Net Result
The modest improvement in net losses suggests some progress compared with 2025. If sustained through better cost control or product economics, it could support gradual stabilization, although current profitability remains deeply negative.
Negative Factors
Contracting Revenue and Negative Margins
Falling revenue combined with negative gross profit indicates the business is not yet covering direct production costs. Persistent operating losses weaken the prospects for self-funded growth and suggest that a durable path to profitability remains unproven.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Net Result
The modest improvement in net losses suggests some progress compared with 2025. If sustained through better cost control or product economics, it could support gradual stabilization, although current profitability remains deeply negative.
Read all positive factors

Simris Alg AB Class B (SIMRIS.B) vs. iShares MSCI Sweden ETF (EWD)

Simris Alg AB Class B Business Overview & Revenue Model

Company Description
Operating both within Sweden and across global markets, Simris Alg AB (publ) specializes in the production and sale of nutritional supplements and food products derived from algae. Its product portfolio includes Simris Algae Omega-3, a unique plan...
How the Company Makes Money
Simris Alg AB makes money primarily by commercializing products and ingredients derived from microalgae. Its revenue model is typically based on (1) selling finished consumer products (e.g., algae-based nutritional oils or supplements) through dir...

Simris Alg AB Class B Financial Statement Overview

Summary
Financials are severely stressed: revenue is down materially (TTM -26.1%), gross profit is negative (direct costs exceed revenue), and operating/net margins remain deeply negative. The balance sheet is a major risk with near-zero equity (TTM ~SEK 0.8m) and very high debt (~SEK 89.7m), implying extreme leverage and elevated refinancing/dilution risk. Cash flow remains negative (TTM operating cash flow -SEK 15.4m; free cash flow -SEK 12.8m), indicating ongoing dependence on external funding.
Income Statement
12
Very Negative
Balance Sheet
8
Very Negative
Cash Flow
18
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.39M1.61M2.89M4.35M4.08M6.14M
Gross Profit-21.63M-31.34M1.22M2.01M-742.00K-2.07M
EBITDA-15.43M-17.32M-17.59M-22.36M-18.00M-24.81M
Net Income-25.63M-26.81M-34.60M-37.30M-24.42M-28.36M
Balance Sheet
Total Assets137.73M148.38M157.06M174.55M185.71M29.20M
Cash, Cash Equivalents and Short-Term Investments7.99M1.47M1.95M5.67M3.99M961.00K
Total Debt89.69M87.68M2.04M2.67M2.13M3.13M
Total Liabilities136.97M148.85M151.42M148.94M162.68M10.98M
Stockholders Equity767.00K-470.00K5.64M25.61M23.03M18.22M
Cash Flow
Free Cash Flow-12.83M-16.27M-18.63M-37.96M-40.57M-18.39M
Operating Cash Flow-15.38M-16.05M-18.02M-36.35M-18.19M-18.14M
Investing Cash Flow-552.00K-224.00K-613.00K-1.61M-22.38M-253.00K
Financing Cash Flow22.89M15.79M14.91M39.63M43.60M2.84M

Simris Alg AB Class B Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.04
Price Trends
50DMA
0.10
Negative
100DMA
0.10
Negative
200DMA
0.09
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
44.47
Neutral
STOCH
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SIMRIS.B, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.10, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.47 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SIMRIS.B.

Simris Alg AB Class B Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
51
Neutral
kr924.14M-12.26-46.42%43.29%
47
Neutral
kr203.83M-1.24-151.15%24.27%
42
Neutral
kr12.11M-0.05-41.63%1.80%-1367.42%
41
Neutral
kr134.44M-3.38-46.23%56.59%
41
Neutral
kr106.63M-5.53-103.54%-37.50%0.99%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:SIMRIS.B
Simris Alg AB Class B
0.10
-0.04
-30.94%
SE:IBT.B
Infant Bacterial Therapeutics AB
65.00
5.80
9.80%
SE:MAGLE
Magle Chemoswed Holding AB
0.45
-21.15
-97.94%
SE:BIOSGN
Biosergen AB
2.36
-2.69
-53.26%
SE:BIOEX
Bioextrax AB
2.40
-1.06
-30.70%
SE:BIOWKS
Bio-Works Technologies AB
3.34
0.18
5.70%
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 19, 2026