BIT:IOTTech
Seco (BIT:IOT) Stock Rallies As Losses Cloud Its Rich Valuation
Seco stock has been on a tear recently, with the share price up about 46% over the past three months, yet this quarter’s headline is not about growth at all. The company still reported a net loss in Q2 2026, around €0.3 million, which keeps profitability as the missing piece in the story.
Revenue of roughly €51.3 million shows the business is generating meaningful sales, but the market is paying a rich multiple for that top line, given a P/S of 2.7x against lower industry levels. For...