The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

BICO.ST

Concerning the House

BICO Group AB (publ) provides hardware, laboratory automation, and software solutions in North America, Europe, Asia, and internationally. It operates through two segments: Life Science Solutions and Lab Automation. The Bioprinting segment offers 3D bioprinters and bioinks with a range of technologies for various applications, resolutions, and volume/speed requirements, as well as provides services focused on accelerating drug discovery and development. The Life Science Solutions segment supplies lab instrumentation, consumables and applications in cell culture, cell imaging, cell sorting, and sample preparation for different analytics, such as genomics, as well as offers instruments and solutions for the manufacturing of diagnostics, as well as consumables. The Lab Automation segment provides the proprietary and hardware-agnostic Green Button Go Suite software for connected workflows, as well as automation technology integration, and consulting and engineering services to design, build, and install automated laboratory systems. In addition, the company offers a range of services and consumables such as reagents, bioinks, plates, and tissue models. It serves pharma and biopharma, biotech, diagnostics, academia and research, and cosmetic industries. The company offers its products through sales organizations, as well as through distributor network. BICO Group AB (publ) was formerly known as Cellink AB (publ) and changed its name to BICO Group AB (publ) in August 2021. The company was incorporated in 2016 and is headquartered in Gothenburg, Sweden.

Sweden · bico.com

The Ledger
LineMar 2025Jun 2025Dec 2025Mar 2026
Revenue$334.70M$324.20M$451.30M$329.90M
Gross profit$189.70M$142.40M$235.40M$178.60M
Operating income-$77.90M-$105.50M-$19.30M-$91.20M
Net income-$233.90M-$184.20M-$59.20M-$131.30M
Diluted EPS-3.31-2.61-0.84-1.86
Free cash flow$70.40M-$34.00M$46.30M$42.30M
CapEx-$6.20M-$5.80M-$5.20M-$5.00M
Quotation

$16.26

-0.38 (-2.3%)

52w hi$35.30
52w lo$13.00
Vol198.41K
As ofAug 13
The Verdict

Hold

Our score -0.16

Short+0.01
Medium-0.06
Long-0.69

computed 2026-08-13

By the Numbers

BICO Group AB (publ)

Healthcare · Medical Devices

Market cap$1.15B
Enterprise value$1.12B
Trailing P/E
Forward P/E-30.68x
EV / EBITDA-8.30x
P / S (ttm)0.77x
Profit margin-66.1%
Return on equity-69.3%
Revenue growth-1.4%
Earnings growth
Debt / equity42.93
Risk Metrics
Beta vs SPX0.40
Corr SPX0.11
Annual vol63.5%
Annual ret-18.3%
Sharpe-0.29
Max DD-72.8%

Window: 504 trading days (490 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.19
Sector+0.12
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$17.00$17.00$16.12$16.26198.41K
Aug 12$17.12$17.12$16.22$16.64279.30K
Aug 11$16.00$17.22$15.74$17.12674.42K
Aug 10$15.38$16.00$15.24$16.00237.04K
Aug 7$15.06$15.64$15.00$15.38153.09K