Last Updated: 13 Nov 2024
Executive Summary
SaverOne 2014 Ltd. (SVRE) is a technology company focused on developing and marketing transportation and safety solutions to prevent car accidents caused by mobile phone use while driving. Despite a strong mission and market potential, the company faces financial challenges, including negative earnings, low revenue growth, and a weak balance sheet. The current stock price of $1.5 reflects these concerns.
Company Overview
SaverOne is headquartered in Israel and operates globally. The company's flagship product is a mobile application that detects and blocks phone usage while driving. SaverOne also offers fleet management and insurance solutions.
Fundamental Analysis
Financial Performance:
Revenue declined by 0.67% year-over-year to $1.73 million in the latest quarter.
Gross profit margin is negative, with a loss of $489,000 in the latest quarter.
EBITDA loss of $32.16 million in the latest quarter.
Diluted EPS of -$15.53 in the latest quarter.
Balance Sheet:
Total assets of $11.46 million.
Total liabilities of $26.17 million.
Book value per share of $0.096.
Valuation:
Price-to-sales ratio (TTM) of 0.966.
Price-to-book ratio of 0.637.
EV-to-revenue ratio of 0.0918.
Technical Analysis
Price Action:
Stock price has been in a downtrend since early 2023.
Currently trading below its 50-day and 200-day moving averages.
Support and Resistance:
Support at $1.36 (52-week low).
Resistance at $2.7 (50-day moving average).
Short Term Outlook
The negative earnings and weak balance sheet suggest that SVRE faces near-term challenges.
The stock price is likely to remain under pressure in the short term.
Investors should monitor quarterly results and news for signs of improvement.
Long Term Outlook
The company's mission and market potential are promising.
However, the financial challenges need to be addressed for long-term success.
Investors should consider the company's ability to improve its financial performance and execute its growth strategy.
Analyst Recommendations
Hold: Due to the financial challenges and uncertain outlook.
Consider buying: If the company can demonstrate significant improvement in its financial performance and growth prospects.
Sell: If the company continues to struggle financially or fails to meet expectations.
