Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
MSAB-B.ST
STRONG BUYREMOVEMicro Systemation AB (publ) · Technology · Sweden · $137M · Avg Vol: $100K/d
Micro Systemation is a Swedish mobile forensics software provider. It operates in a highly specialized niche but lacks scale, faces intense competition from larger players like Cellebrite, and has no alignment with our core macro themes.
COMPANY DESCRIPTION
Micro Systemation AB (publ) (MSAB) is a global leader in mobile forensic technology, developing software and hardware solutions for extracting and analyzing data from mobile devices. MSAB benefits from its highly specialized and proprietary technology, deep expertise in mobile operating systems, and a strong reputation for reliability and innovation. It holds a leading position in a niche market with high barriers to entry, serving law enforcement and intelligence agencies.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 37.8M | 43.4M | 42.1M | 48.0M | 8.4% |
| EPS | 0.10 | 0.17 | 0.21 | 0.28 | 42.5% |
| Shares | 18.6M | 18.6M | 19.2M | 19.2M | +3.4% |
| Debt | 5.8M | 4.7M | 4.7M | 1.7M | -33.5% |
| Equity | 12.1M | 12.1M | 13.6M | 15.6M | 9.0% |
| Op CF | 5.3M | 7.8M | 4.5M | 10.6M | 26.1% |
| Inv CF | -92,886 | -66,570 | -0.3M | -3.1M | — |
| Fin CF | -1.4M | -4.5M | -4.1M | -4.6M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of MSAB-B.ST are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| MSAB-B.ST | Micro Systemation AB (publ)(you) | $137M | 86 | STRONG BUY |
| CINT.ST | Cint Group AB (publ) | $209M | 73 | BUY |
| SLEEP.ST | Sleep Cycle AB (publ) | $52M | 82 | STRONG BUY |
| TRUE-B.ST | Truecaller AB (publ) | $425M | 85 | STRONG BUY |
| LIME.ST | Lime Technologies AB (publ) | $274M | 53 | HOLD |
| SMCRT.ST | SmartCraft Group AB (publ) | $252M | 39 | HOLD |
| DONE.ST | Done.ai Group AB | $84M | 24 | SELL |
| VIT-B.ST | Vitec Software Group AB (publ) | $911M | 51 | HOLD |
| VER.ST | Verve Group SE | $347M | 24 | SELL |
| SEYE.ST | Smart Eye AB (publ) | $339M | 22 | SELL |
Peer medians: ROE 9.5% · P/E 19.5x · Gross margin 47.8%