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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 45 (OpenAI - Gpt-5.6Sol)
Rating:45Neutral
Price Target:
kr0.11
▲(167.50% Upside)
Action:Reiterated
Date:09/15/26
The score is held down primarily by very weak financial performance: contracting revenue, negative gross profit and margins, persistent cash burn, and a highly leveraged/near-zero equity balance sheet that raises funding risk. Technicals provide some offset with the price trading above major moving averages, but momentum is mixed (slightly negative MACD). Valuation remains constrained by ongoing losses and the absence of a dividend yield.
Positive Factors
Microalgae Platform
A focused microalgae platform gives Simris exposure to biotechnology and nutrition applications, with potential relevance across dietary supplements and ingredient markets. This product foundation can support multiple commercial uses as the company develops and commercializes algae-derived offerings.
Negative Factors
Revenue and Gross Profit Decline
Contracting revenue combined with negative gross profit shows that the business is not currently generating enough sales or pricing power to cover direct costs. Persistent weakness at this level threatens scalability, limits reinvestment capacity, and leaves no clear near-term path to profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Microalgae Platform
A focused microalgae platform gives Simris exposure to biotechnology and nutrition applications, with potential relevance across dietary supplements and ingredient markets. This product foundation can support multiple commercial uses as the company develops and commercializes algae-derived offerings.
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 appear highly stressed: revenue is down materially (TTM -26.1%), gross profit is negative (products/services not covering direct costs), and losses remain deep. The balance sheet is a major risk with near-zero equity (TTM SEK 0.8m) against high debt (TTM ~SEK 89.7m), implying extreme leverage and elevated refinancing/dilution risk. Cash flow is also negative (TTM OCF -SEK 15.4m; FCF -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
Positive
Last Price0.04
Price Trends
50DMA
0.11
Positive
100DMA
0.10
Positive
200DMA
0.09
Positive
Market Momentum
MACD
<0.01
Negative
RSI
58.21
Neutral
STOCH
73.92
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SIMRIS.B, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.11, and below the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.21 is Neutral, neither overbought nor oversold. The STOCH value of 73.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
54
Neutral
kr959.17M-11.08-89.70%19.94%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
45
Neutral
kr139.70M-4.051209.72%-46.23%56.59%
44
Neutral
kr13.19M-0.09-46.30%1.17%1.80%-1367.42%
41
Neutral
kr44.38M-0.10-420.21%24.27%
41
Neutral
kr113.29M-5.37-116.56%-37.50%0.99%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:SIMRIS.B
Simris Alg AB Class B
0.12
-0.02
-15.44%
SE:IBT.B
Infant Bacterial Therapeutics AB
67.50
-2.50
-3.57%
SE:MAGLE
Magle Chemoswed Holding AB
0.70
-18.30
-96.32%
SE:BIOSGN
Biosergen AB
0.55
-4.95
-90.09%
SE:BIOEX
Bioextrax AB
2.33
-0.51
-17.84%
SE:BIOWKS
Bio-Works Technologies AB
3.32
0.70
26.72%
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 15, 2026