Gofore Oyj

GOFORE · HE · Technology / Information Technology Services

12.00EUR+0.02 (+0.17%)

Price History

Full chart

Market Stats

Previous Close11.98

Open12.02

Day Range11.94 – 12.08

52-Week Range9.64 – 14.48

Volume6.53K

Market Cap176.33M

P/E (TTM)16.45

Forward P/E31.95

EPS0.66

Dividend Yield4.51%

Beta0.15

50-Day Avg11.08

200-Day Avg11.80

About

Gofore Oyj provides digital transformation consultancy services for private and public sectors in Finland and internationally. It is involved in the management of digital change, service design, and software development and testing; and provision of cloud services utilization consulting and cloud capacity services. The company was incorporated in 2001 and is headquartered in Tampere, Finland.

Company Details

SectorTechnology
IndustryInformation Technology Services
CEOMr. Mikael Tor Nylund
Employees1.88K
HeadquartersPeltokatu 34, Tampere, Finland, 33100, Finland
Websitehttps://www.gofore.com

Leadership

Mr. Mikael Tor NylundGroup Chief Executive Officer · b. 1975
Mr. Elja KirjavainenDirector of Digital Transformation, MD of Gofore Lead Oy & Deputy CEO · b. 1974
Ms. Saara UkkonenChief Financial Officer · b. 1989
Ville HurnonenDirector of Merger, Acquisitions, & IT and Chief Information Officer · b. 1973
Mr. Kalle MakiGeneral Counsel & Director of Legal Matters · b. 1984
Ms. Auli PackalénChief Marketing & Sustainability Officer · b. 1976
Ms. Mira DahlmanChief People & Culture Officer
Maria TorhonenHead of Partner Business
Tommi RasinmakiHead of Management Consulting & AI Advisory
Robert SzilinskiChief Sales Officer DACH

Financials

Income Statement

Currency: EUR	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	9.18M	12.42M	22.82M	33.95M	50.58M	64.07M	77.95M	104.51M	149.92M	189.24M	186.17M	191.38M
Growth (%)	-	+35.25%	+83.80%	+48.75%	+48.99%	+26.66%	+21.68%	+34.07%	+43.45%	+26.23%	-1.62%	+2.80%
Cost of Revenue	6.49M	7.69M	15.78M	22.28M	34.44M	44.53M	52.23M	68.16M	98.10M	141.17M	141.85M	161.51M
Gross Profit	2.69M	4.72M	7.04M	11.67M	16.14M	19.54M	25.72M	36.34M	51.82M	48.07M	44.32M	29.87M
Gross Margin	29.28%	38.05%	30.86%	34.37%	31.91%	30.50%	32.99%	34.78%	34.57%	25.40%	23.81%	15.61%
Operating Expense	1.32M	356.00K	4.46M	6.31M	10.04M	13.42M	16.97M	24.15M	35.19M	25.05M	23.54M	19.39M
Operating Income	1.37M	4.37M	2.58M	5.36M	6.09M	6.12M	8.75M	12.20M	16.64M	23.02M	20.78M	10.48M
Operating Margin	14.92%	35.18%	11.33%	15.78%	12.05%	9.55%	11.22%	11.67%	11.10%	12.16%	11.16%	5.48%
EBITDA	1.41M	1.60M	2.68M	4.69M	7.01M	9.26M	12.34M	17.07M	22.30M	31.04M	29.86M	38.52M
EBITDA Margin	15.33%	12.87%	11.74%	13.83%	13.86%	14.46%	15.82%	16.33%	14.87%	16.40%	16.04%	20.13%
Net Income	1.09M	1.23M	1.92M	3.32M	4.73M	4.45M	6.89M	9.07M	11.95M	17.92M	16.30M	9.25M
Net Income Margin	11.89%	9.87%	8.39%	9.78%	9.36%	6.94%	8.85%	8.68%	7.97%	9.47%	8.75%	4.83%
R&D	-	40.00K	70.00K	-	28.34K	-	-	36.00K	13.00K	99.00K	13.00K	13.00K
R&D as % of Total Revenue	-	0.32%	0.31%	-	0.06%	-	-	0.03%	0.01%	0.05%	0.01%	0.01%
Interest Expense	0	4.00K	45.00K	50.21K	59.02K	83.70K	128.00K	223.00K	647.00K	725.00K	785.00K	1.17M
Interest Expense % of Total Revenue	0.00%	0.03%	0.20%	0.15%	0.12%	0.13%	0.16%	0.21%	0.43%	0.38%	0.42%	0.61%

Balance Sheet

Currency: EUR	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	4.00M	5.16M	7.66M	29.29M	34.52M	50.43M	78.36M	101.90M	148.43M	167.09M	171.72M	221.91M
Total Liabilities	2.26M	2.61M	3.53M	11.48M	12.52M	18.98M	42.28M	40.59M	68.67M	73.59M	65.99M	110.50M
Total Equity	1.74M	2.54M	4.12M	17.81M	22.01M	31.45M	36.06M	61.01M	79.28M	92.99M	104.92M	110.36M
Cash	1.91M	2.44M	3.60M	12.66M	13.42M	21.36M	21.39M	39.11M	44.13M	38.45M	56.84M	43.19M
Total Debt	216.13K	138.88K	61.63K	4.79M	3.68M	5.86M	16.37M	14.50M	21.66M	26.95M	22.26M	53.95M
Net Debt	-1.70M	-2.30M	-3.53M	-7.87M	-9.73M	-15.50M	-5.02M	-24.61M	-22.47M	-11.50M	-34.58M	10.76M

Cash Flow

Currency: EUR	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	1.14M	1.35M	2.14M	620.54K	7.84M	10.65M	8.96M	14.19M	21.74M	19.17M	37.09M	22.04M
Investing Cash Flow	-76.45K	-37.67K	-662.56K	-5.15M	-2.02M	-4.21M	-7.09M	-10.05M	-18.09M	-10.89M	-2.93M	-36.18M
Financing Cash Flow	-499.65K	-499.65K	-605.25K	13.58M	-3.05M	-2.58K	-1.82M	13.58M	1.37M	-13.96M	-15.77M	493.00K
Capital Expenditure	66.45K	37.67K	162.56K	418.52K	205.41K	330.99K	773.00K	200.00K	667.00K	1.86M	1.44M	230.00K
Free Cash Flow	1.07M	1.31M	1.98M	202.02K	7.63M	10.31M	8.18M	13.99M	21.07M	17.31M	35.65M	21.81M
Dividends Paid	422.40K	422.40K	528.00K	1.05M	1.94M	2.50M	2.80M	3.37M	4.30M	5.28M	7.35M	7.55M
FCF to OCF	94.15%	97.20%	92.41%	32.56%	97.38%	96.89%	91.37%	98.59%	96.93%	90.32%	96.12%	98.96%
Dividend Paid to FCF	39.50%	32.27%	26.67%	520.54%	25.44%	24.20%	34.23%	24.12%	20.42%	30.52%	20.61%	34.64%

Earnings

Report Date	Feb 15, 2018	Aug 15, 2018	Feb 14, 2019	Aug 14, 2019	Sep 30, 2019	Feb 19, 2020	Mar 31, 2020	Jul 7, 2020	Dec 16, 2020	Mar 5, 2021	Apr 19, 2021	Jul 8, 2021	Feb 28, 2022	Apr 20, 2022	Aug 15, 2022	Oct 18, 2022	Feb 17, 2023	Apr 25, 2023	Jul 17, 2023	Oct 19, 2023	Feb 20, 2024	Apr 19, 2024	Aug 15, 2024	Oct 24, 2024	Feb 20, 2025	Apr 29, 2025	Aug 14, 2025	Oct 23, 2025	Feb 25, 2026	Apr 29, 2026	Aug 18, 2026	Oct 27, 2026
EPS Estimate	0.04	0.24	0.25	0.32	-	0.11	-	0.26	-	0.27	0.15	0.19	0.37	-	1.76	2.37	0.35	0.36	1.69	0.14	0.34	0.29	0.35	0.22	0.36	0.28	0.10	0.21	0.38	0.22	0.13	0.17
EPS Actual	0.23	0.21	0.15	0.22	-	0.10	-	0.20	0.10	0.26	0.14	0.14	0.34	0.17	0.23	0.14	0.39	0.35	0.21	0.17	0.45	0.27	0.25	0.18	0.30	0.11	0.01	0.15	0.35	0.05	0.17	-
Surprise	475.00%	-12.50%	-40.00%	-31.25%	-	-9.09%	-	-23.08%	-	-3.70%	-6.67%	-26.32%	-8.11%	-	-86.93%	-94.09%	11.43%	-2.78%	-87.57%	21.43%	32.35%	-6.90%	-28.57%	-18.18%	-15.69%	-60.71%	-90.00%	-28.57%	-7.89%	-77.27%	34.00%	-
Timing	Pre-market	After-hours	Pre-market	Pre-market	-	Pre-market	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	-	-	Pre-market	-	After-hours	After-hours

Key Statistics & Ratios

Market Cap176.33M

Enterprise Value206.11M

Trailing P/E16.45

Forward P/E31.95

PEG Ratio1.71

Price / Sales0.79

Price / Book1.69

EPS0.66

Book Value6.70

Revenue (TTM)223.72M

Gross Profit (TTM)49.06M

EBITDA22.04M

Profit Margin4.78%

Operating Margin3.17%

Return on Equity10.69%

Return on Assets5.09%

Shares Outstanding16.24M

Shares Float9.77M

Beta0.15

Dividend Yield4.51%

Dividend Rate0.49

Payout Ratio67.66%

Dividends

20261×

0.49Apr 20, 2026

20251×

0.48Apr 14, 2025

20241×

0.47Apr 5, 2024

20231×

0.34Mar 27, 2023

20221×

0.28Mar 28, 2022

20211×

0.24Mar 29, 2021

20201×

0.20Apr 30, 2020

20191×

0.19Mar 27, 2019

20181×

0.15Mar 28, 2018