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AppSpotr AB
(SPOTR)
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Rating:42Neutral
Price Target:
kr0.32
▼(-92.15% Downside)
Action:Reiterated
Date:09/08/26
The score is driven primarily by weak financial fundamentals (material revenue contraction, very large losses, and ongoing cash burn). Technicals add further pressure given the strong downtrend versus all key moving averages. Valuation provides limited offset because the negative P/E reflects unprofitable operations and no dividend yield is available.
Positive Factors
Low Leverage
Debt-to-equity of roughly 0.4% in 2024 and 1.0% in 2025 indicates limited reliance on debt financing. This reduces interest and refinancing pressure, preserving flexibility to direct available resources toward operations while the company works to restore profitability.
Negative Factors
Severe Revenue Contraction
A roughly 51% year-over-year revenue decline, following earlier decreases, signals substantial deterioration in demand or monetization. Persistent contraction weakens operating leverage, reduces resources available for product investment, and makes a durable path to profitability more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Debt-to-equity of roughly 0.4% in 2024 and 1.0% in 2025 indicates limited reliance on debt financing. This reduces interest and refinancing pressure, preserving flexibility to direct available resources toward operations while the company works to restore profitability.
Read all positive factors
AppSpotr AB (SPOTR) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr1.37M
Dividend YieldN/A
Average Volume (3M)23.36K
Price to Earnings (P/E)―
Beta (1Y)0.81
Revenue Growth-28.88%
EPS Growth73.76%
CountrySE
Employees25
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-8.60
Shares Outstanding1,908,842
10 Day Avg. Volume47,487
30 Day Avg. Volume23,361
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.60
Price to Sales (P/S)3.97
P/FCF Ratio-1.43
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)kr43.70M
AppSpotr AB Business Overview & Revenue Model
Company Description
Operating as an information technology firm, Spotr Group AB specializes in the creation, promotion, and distribution of software tools for mobile application development within the Swedish market. Their flagship offering, the Appspotr 3 platform, ...
How the Company Makes Money
AppSpotr’s revenue model is primarily tied to monetizing access to its app-building platform and related app lifecycle services. Key revenue streams generally include: (1) Platform access fees (e.g., subscriptions or license fees) paid by customer...
AppSpotr AB Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.82M | 5.13M | 7.04M | 7.87M | 5.45M |
| Gross Profit | -396.00K | -1.20M | -7.81M | -9.54M | -8.48M |
| EBITDA | -8.39M | -7.86M | -17.00M | -19.77M | -24.35M |
| Net Income | -8.53M | -9.31M | -21.50M | -25.36M | -29.32M |
Balance Sheet | |||||
| Total Assets | 20.68M | 23.67M | 6.17M | 17.91M | 44.68M |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 5.60M | 2.28M | 8.74M | 30.26M |
| Total Debt | 187.00K | 83.00K | 917.00K | 1.92M | 0.00 |
| Total Liabilities | 2.07M | 3.85M | 4.13M | 6.16M | 8.14M |
| Stockholders Equity | 18.61M | 19.82M | 2.04M | 11.75M | 36.54M |
Cash Flow | |||||
| Free Cash Flow | -7.82M | -22.64M | -17.41M | -22.99M | -20.75M |
| Operating Cash Flow | -7.82M | -7.91M | -17.26M | -22.28M | -20.74M |
| Investing Cash Flow | -2.44M | -15.69M | -67.00K | -720.00K | -3.04M |
| Financing Cash Flow | 5.06M | 26.91M | 10.87M | 1.48M | 46.88M |
AppSpotr AB Technical Analysis
Positive
4.04
Price Trends
0.59
Positive
0.61
Positive
0.64
Positive
Market Momentum
0.04
Negative
52.41
Neutral
-46.20
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SPOTR, the sentiment is Positive. The current price of 4.04 is above the 20-day moving average (MA) of 0.55, above the 50-day MA of 0.59, and above the 200-day MA of 0.64, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 52.41 is Neutral, neither overbought nor oversold. The STOCH value of -46.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:SPOTR.
AppSpotr AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | kr511.89M | 22.35 | ― | 7.08% | 10.39% | 30.32% | |
71 Outperform | kr3.35B | 28.12 | 32.94% | 1.71% | 8.48% | 19.59% | |
62 Neutral | kr219.61M | -97.17 | -2.10% | ― | 25.37% | -69.77% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | kr491.65M | -24.79 | ― | ― | 21.86% | 74.32% | |
42 Neutral | kr1.37M | -0.10 | -56.48% | ― | -28.88% | 73.76% |
* Technology Sector Average
SE:SPOTR
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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.