Alphaboard - research by investors.

Litium AB (publ)

Technology
LITI.ST: 

Research by ALPHA

Author: Alpha
  • 11.55 +12.14% (04/07/2025)
  • MONITOR (SHORT-LIST)

Litium is a small-cap with 65MSEK annual revenue, and close to EBITDA break-even. Recent revenue growth is 20-25% meaning it does not meet the 40-rule for SaaS companies. At 5x sales it is priced accordingly. Institutional shareholders; Robur 8.6%/Tin 8.2%. Revenue growth, improved margins and positive EBITDA are required change the downward trend (although still trading above SMA200).

28/03/2023｜ Analyses:5
0
  • Business (1)

    • New Litium Cloud product is launched in Q3'21 and expected to increase growth in 2022.

      03/11/2021 by ALPHA｜
      1
  • Financial (1)

    • Revenues show a steady growth >20% and the ARR increases continuously at the bottom of the companies target range 20-50%.

      03/11/2021 by ALPHA｜
      1
  • Risks (2)

    • The company activates its development costs which has a risk of hidden costs.

      03/11/2021 by ALPHA｜
      1

    • Litium's gross margin declined in from 55% in 2018 to 40% in 2020. In 2021 it recovered to 45%. It is a risk that Litium accepts lower margins to realize its growth targets.

      03/11/2021 by ALPHA｜
      1