Cardeon (NGM:CARDEO) - Stock Price, News & Analysis

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	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Earnings have declined by 40.9% per year over past 5 years

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (SEK9M)

+ 2 more risks

Cardeon AB (publ) Competitors

MTI Investment

OM:MTI

SEK 20.7m

eBlitz Group

NGM:EBLITZ

SEK 21.9m

Abelco Investment Group

NGM:ABIG

SEK 18.0m

Northern CapSek Ventures

NGM:CAPS

SEK 8.7m

Price History & Performance

Summary of all time highs, changes and price drops for Cardeon
Historical stock prices
Current Share Price	SEK 0.021
52 Week High	SEK 0
52 Week Low	SEK 0
Beta	0
11 Month Change	0%
3 Month Change	-22.22%
1 Year Change	-84.44%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-95.33%

Recent updates

Shareholder Returns

	CARDEO	SE Capital Markets	SE Market
7D	-8.7%	2.6%	-0.2%
1Y	-84.4%	21.7%	11.8%

Return vs Industry: CARDEO underperformed the Swedish Capital Markets industry which returned 21.7% over the past year.

Return vs Market: CARDEO underperformed the Swedish Market which returned 11.8% over the past year.

Price Volatility

Is CARDEO's price volatile compared to industry and market?
CARDEO volatility
CARDEO Average Weekly Movement	23.4%
Capital Markets Industry Average Movement	5.9%
Market Average Movement	5.5%
10% most volatile stocks in SE Market	11.2%
10% least volatile stocks in SE Market	3.3%

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 (23%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

Founded	Employees	CEO	Website
2018	9	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 17.65m
Earnings (TTM)	-SEK 66.81m
Revenue (TTM)	SEK 8.58m

2.1x

P/S Ratio

-0.3x

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 8.58m
Cost of Revenue	SEK 8.47m
Gross Profit	SEK 117.00k
Other Expenses	SEK 66.93m
Earnings	-SEK 66.81m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.079
Gross Margin	1.36%
Net Profit Margin	-778.43%
Debt/Equity Ratio	6.0%

How did CARDEO perform over the long term?

See historical performance and comparison

Cardeon NGM:CARDEO Stock Report