STRAX AB chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.10
Dividend & YieldN/Akr (N/A)
Beta 1.13
Market capitalization 188.12M
Operating cash flow -2.06M
ESG Scores unknown

Company description

Strax AB (publ) designs, develops, manufactures, and sells mobile accessories worldwide. It offers a range of protection, power, and audio and connectivity products. The company provides its products under proprietary brands, such as Urbanista, Clckr, Richmond & Finch, Planet Buddies, Thor Glass, xqisit, AVO+, grell, and Dottir, as well as under licensed brands comprising adidas, Bugatti, Diesel, Superdry, Y-3, and WeSC. It also offers personal protection equipment, such as face masks, gloves, and sanitizers, as well as value-added services, such as packaging and logistics services. The company provides its products through telecom operators, mass merchants, and consumer electronics and lifestyle retailers, as well as directly through online. Strax AB (publ) was founded in 1995 and is headquartered in Stockholm, Sweden.

Sector: Technology - Industry: Communication Equipment

Financial Ratios
Quick Ratio0.49
Working Capital0.22
Return On Equity-0.28
Debt To Equity0.13
Fixed Asset Ratio0.17
Fixed Interest Cover-0.56

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities 20.73M -1.93M -2.22M -2.79M
Net Borrowings 2.81M -6M 11.69M 9.08M
Total Cash From Financing Activities 1.29M -22.45M 8.5M 4.19M
Change To Operating Activities 7.64M 9.23M -516k -1.26M
Issuance Of Stock
Net Income 16.75M -1.74M 669k -3.9M
Change In Cash 19.16M -21.2M 3.73M -4.78M
Effect Of Exchange Rate 3k
Total Cash From Operating Activities -2.87M 3.18M -2.54M -6.17M
Depreciation 1.43M 1.41M 1.37M 1.79M
Change To Account Receivables -3.32M -10.8M
Other Cashflows From Financing Activities -1.52M -3.71M -3.19M -4.89M
Change To Netincome -20.44M 7.16M 5.68M -328k
Capital Expenditures -2.18M -536k -547k -1.14M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 21.94M 164k 843k -3M
Net Income 16.75M -1.74M 669k -3.9M
Selling General Administrative 29.84M 21.69M 21.74M 23.69M
Gross Profit 25.88M 27.8M 28.52M 18.64M
Ebit -2.79M 5.76M 6.84M 874k
Operating Income -2.79M 5.76M 6.84M 874k
Interest Expense -1.91M -3.21M -3.2M -4.65M
Income Tax Expense 5.19M 1.9M 174k 902k
Total Revenue 106.97M 113.64M 111.79M 123.7M
Cost Of Revenue 81.09M 85.84M 83.27M 105.06M
Total Other Income ExpenseNet 24.73M -5.59M -6M -3.87M
Net Income From Continuing Ops 16.75M -1.74M 669k -3.9M
Net Income Applicable To Common Shares 16.75M -1.74M 669k -3.9M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 73.64M 82.56M 80.93M 100.32M
Total Stockholder Equity 34.27M 20.1M 18.17M 14.04M
Other Current Liabilities 20.99M 24.33M 13.71M 13.47M
Total Assets 107.9M 102.66M 99.1M 114.35M
Common Stock 12.62M 12.62M 12.62M 12.62M
Other Current Assets 1.78M 2.4M 2.15M 7.05M
Retained Earnings 26.8M 12.27M 12.94M 9.04M
Treasury Stock -5.16M -4.79M -7.39M -7.63M
Cash 24.84M 3.64M 7.38M 2.6M
Total Current Liabilities 63.47M 70.28M 38M 95.22M
Other Stockholder Equity -5.16M -4.79M -7.39M -7.63M
Property, Plant, and Equipment 1.14M 3.15M 2.76M 2.32M
Total Current Assets 83.37M 68.55M 63.17M 76.92M
Net Tangible Assets 12.46M -9.94M -12.33M -16.62M
Net Receivables 40.46M 43.13M 24.76M 35.07M
Accounts Payable 21.82M 22.1M 15.8M 29M


Insider Transactions

Here are the insider transactions of stock shares related to STRAX AB:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to STRAX AB. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on STRAX AB

Here is the result of two systematic investment strategies applied to STRAX AB. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on STRAX AB

The following chart shows the equity curve of the two systematic investment strategies applied to STRAX AB:

STRAX AB automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 58.0% on the backtest period.

Performance at glance

Performance

58.0 %

Latent gain

1015.32 kr

Invested capital

1750.71 kr

Annualized return

13.94 %
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Momentum strategy results on STRAX AB

This is the result of two momentum investment strategies applied to STRAX AB. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on STRAX AB

The following chart shows all the entries opened by the momentum investment system on STRAX AB:

STRAX AB momentum entries
  • The first momentum investment strategy would give 69.3% of return on STRAX AB. That represents 3113.98kr of latent gain with 4493.63kr of employed capital.
  • The second momentum investment strategy would give 66.0% of return on STRAX AB. That represents 1982.18kr of latent gain with 3003.25kr of employed capital.
Performance at glance (1Q Momentum)

Performance

69.3 %

Latent gain

3113.98 kr

Invested capital

4493.63 kr

Annualized return

10.09 %
Performance at glance (2Q Momentum)

Performance

66.0 %

Latent gain

1982.18 kr

Invested capital

3003.25 kr

Annualized return

17.93 %

Momentum equity curve on STRAX AB

The following chart shows the equity curve of the two momentum strategies applied to STRAX AB:

STRAX AB momentum equity

Note: the dividends potentially given by STRAX AB are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on STRAX AB

The following chart shows the employed capital evolution of the two momentum strategies on STRAX AB since the beginning:

STRAX AB

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250kr, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000kr.


Buy the dip strategy result on STRAX AB

Buy the dip entry openings on STRAX AB

STRAX AB

The performance achieved by the robo-advisor on STRAX AB is 21.8%. That represents 108.86$ of latent gain with 499.42kr of employed capital. The following chart shows STRAX AB stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of STRAX AB, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

21.8 %

Latent gain

108.86 kr

Invested capital

499.42 kr

Annualized return

10.09 %

Equity curve of the strategy applied to STRAX AB

The following chart shows the result of the investment strategy applied to STRAX AB:

STRAX AB

Note: the dividends potentially given by STRAX AB are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on STRAX AB

The following chart shows the employed capital evolution since the beginning of the investment strategy on STRAX AB:

STRAX AB

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on STRAX AB

In this section, I will compare the three previous investment strategies applied to STRAX AB.

Equity curve comparison on STRAX AB

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

STRAX AB investment strategy comparison

Employed capital comparison on STRAX AB

STRAX AB investment comparison

Performance comparison on STRAX AB

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 58.0% 1015.32kr 1750.71kr 13.94%
Momentum 1 quarter 69.3% 3113.98kr 4493.63kr 17.68%
Momentum 2 quarters 66.0% 1982.18kr 3003.25kr 17.93%
Non-directional 21.8% 108.86kr 499.42kr 10.09%
Annualized return comparison

Automatic investment

13.94 %

Momentum 1Q

17.93 %

Momentum 2Q

17.93 %

Non-directional

10.09 %

Correlated stocks

Here are the most positively and negatively correlated stocks with STRAX AB:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between STRAX AB and the other stocks. There may be false positives or some missing correlated stocks. If the price of STRAX AB does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name STRAX AB
Country Sweden
City Stockholm
Address MAester Samuelsgatan 10
Phone 46 8 54 50 17 50
Website www.strax.com
FullTime employees 200
Industry Communication Equipment
Sector Technology
Exchange XSTO
Ticker STRAX.XSTO
Market www.nasdaqomxnordic.com

STRAX AB ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown