CARDEO Stock Overview

A venture capital firm, focusing on growth investments in start-up stage life-science and medtech companies. More details

CARDEO fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (SEK8M)

Earnings have declined by 40.4% per year over past 5 years

+ 2 more risks

My Notes

Capture your thoughts, links and company narrative

Cardeon AB (publ) Competitors

Abelco Investment Group

NGM:ABIG

SEK 22.0m

Northern CapSek Ventures

NGM:CAPS

SEK 6.9m

Stockwik Förvaltning

OM:STWK

SEK 111.8m

Vo2 Cap Holding

OM:VO2

SEK 99.8m

Price History & Performance

Summary of share price highs, lows and changes for Cardeon
Historical stock prices
Current Share Price	SEK 0.031
52 Week High	SEK 0
52 Week Low	SEK 0
Beta	2.55
1 Month Change	47.62%
3 Month Change	0%
1 Year Change	-34.04%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-93.11%

Recent updates

Shareholder Returns

	CARDEO	SE Capital Markets	SE Market
7D	-3.1%	-3.2%	-2.0%
1Y	-34.0%	12.1%	4.4%

Return vs Industry: CARDEO underperformed the Swedish Capital Markets industry which returned 12.1% over the past year.

Return vs Market: CARDEO underperformed the Swedish Market which returned 4.4% over the past year.

Price Volatility

Is CARDEO's price volatile compared to industry and market?
CARDEO volatility
CARDEO Average Weekly Movement	24.8%
Capital Markets Industry Average Movement	6.6%
Market Average Movement	5.6%
10% most volatile stocks in SE Market	11.4%
10% least volatile stocks in SE Market	3.2%

Stable Share Price: CARDEO's share price has been volatile over the past 3 months compared to the Swedish market.

Volatility Over Time: CARDEO's weekly volatility (25%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

Founded	Employees	CEO	Website
2018	8	Masoud Khayyami	www.cardeon.se

Cardeon AB (publ) is a venture capital firm, focusing on growth investments in start-up stage life-science and medtech companies. It prefers to invest mainly in the Nordic countries. The firm invests both in public and private companies

Cardeon AB (publ) Fundamentals Summary

How do Cardeon's earnings and revenue compare to its market cap?
CARDEO fundamental statistics
Market cap	SEK 26.05m
Earnings (TTM)	-SEK 62.07m
Revenue (TTM)	SEK 7.75m

3.4x

P/S Ratio

-0.4x

P/E Ratio

Is CARDEO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CARDEO income statement (TTM)
Revenue	SEK 7.75m
Cost of Revenue	SEK 8.00m
Gross Profit	-SEK 249.00k
Other Expenses	SEK 61.82m
Earnings	-SEK 62.07m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.074
Gross Margin	-3.21%
Net Profit Margin	-800.80%
Debt/Equity Ratio	0%

How did CARDEO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 16:36
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Cardeon AB (publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Cardeon NGM:CARDEO Stock Report