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Scandinavian Real Heart AB (SE:HEART)
:HEART

Scandinavian Real Heart AB (HEART) AI Stock Analysis

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Scandinavian Real Heart AB

(Frankfurt:HEART)

36Underperform
Scandinavian Real Heart AB's stock score is primarily impacted by severe financial underperformance, highlighted by negative revenue and profitability. Technical indicators suggest weak momentum, and the valuation reflects high risk due to ongoing losses and lack of dividend yield. The financial outlook requires strategic adjustments to improve performance.

Scandinavian Real Heart AB (HEART) vs. S&P 500 (SPY)

Scandinavian Real Heart AB Business Overview & Revenue Model

Company DescriptionScandinavian Real Heart AB (HEART) is a Swedish medical technology company focused on developing advanced cardiac assist devices. The company specializes in creating innovative artificial heart solutions designed to improve the quality of life for patients with severe heart diseases. Their flagship product, the Total Artificial Heart, aims to replicate the functionality of a natural heart, providing a life-saving option for patients awaiting heart transplants.
How the Company Makes MoneyScandinavian Real Heart AB primarily generates revenue through the development and commercialization of its Total Artificial Heart technology. This involves securing partnerships with healthcare institutions and medical device distributors who facilitate the adoption and implementation of their products in clinical settings. Additionally, the company may receive funding through grants, research collaborations, and strategic alliances with larger medical technology firms. As the product progresses through clinical trials and regulatory approvals, sales and licensing agreements are expected to become significant revenue streams.

Scandinavian Real Heart AB Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.0010.00K0.000.000.00
Gross Profit
9.26M-50.22M12.29M7.20M332.76K3.96M
EBIT
-34.38M-68.45M-13.85M-10.33M-8.64M-7.09M
EBITDA
-14.52M-67.25M-13.73M-10.09M-8.37M-6.83M
Net Income Common Stockholders
-28.03M-67.98M-13.99M-10.48M-8.82M-7.29M
Balance SheetCash, Cash Equivalents and Short-Term Investments
23.72M43.30M11.26M42.67M22.45M25.42M
Total Assets
83.28M102.64M119.82M117.82M78.04M66.61M
Total Debt
6.35M8.25M2.17M2.80M3.42M3.71M
Net Debt
-17.36M-35.05M-9.09M-39.88M-19.04M-21.70M
Total Liabilities
15.94M20.60M22.17M6.53M6.35M7.61M
Stockholders Equity
67.34M82.04M97.65M111.29M71.69M59.00M
Cash FlowFree Cash Flow
-33.50M-26.82M-31.14M-29.24M-24.18M-24.98M
Operating Cash Flow
-8.24M-25.05M-7.38M-9.65M-9.41M-7.32M
Investing Cash Flow
-24.28M-1.77M-23.76M-19.59M-14.76M-17.65M
Financing Cash Flow
12.93M58.87M-276.28K49.46M21.21M46.71M

Scandinavian Real Heart AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price16.00
Price Trends
50DMA
15.99
Negative
100DMA
14.95
Negative
200DMA
18.63
Negative
Market Momentum
MACD
-0.17
Negative
RSI
47.90
Neutral
STOCH
67.02
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:HEART, the sentiment is Negative. The current price of 16 is above the 20-day moving average (MA) of 14.58, above the 50-day MA of 15.99, and below the 200-day MA of 18.63, indicating a bearish trend. The MACD of -0.17 indicates Negative momentum. The RSI at 47.90 is Neutral, neither overbought nor oversold. The STOCH value of 67.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:HEART.

Scandinavian Real Heart AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
kr997.81M17.6618.74%10.46%22.82%
51
Neutral
$5.20B3.26-40.34%2.93%17.68%1.94%
46
Neutral
kr239.34M-102.63%-0.61%54.19%
45
Neutral
€1.03B-8.64%19.91%78.46%
SELXB
39
Underperform
kr86.54M-51.52%955.20%47.31%
36
Underperform
kr35.77M
23
Underperform
€212.61M-159.24%-22.50%76.74%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:HEART
Scandinavian Real Heart AB
13.60
-42.55
-75.78%
SE:ACARIX
Acarix AB
0.24
<0.01
1.70%
SE:BACTI.B
Bactiguard Holding AB
30.20
-38.00
-55.72%
SE:CRAD.B
C-Rad AB Class B
29.45
-9.05
-23.51%
SE:LXB
Luxbright AB
0.77
-0.22
-21.91%
SE:QLINEA
Q-linea AB
0.04
-0.25
-87.68%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.