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Vitec Software Group AB (publ)

Vitec Software Group AB (publ)

VIT-B · ST · Technology / Software - Application

308.60SEK+0.80 (+0.26%)

Price History

Full chart

Market Stats

Previous Close307.80
Open307.40
Day Range307.40 – 311.20
52-Week Range211.26 – 377.48
Volume60.38K
Market Cap10.94B
P/E (TTM)23.50
Forward P/E17.18
EPS11.76
Dividend Yield1.35%
Beta0.83
50-Day Avg255.54
200-Day Avg251.58

About

Vitec Software Group AB (publ) develops and delivers vertical software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally. The company offers software for laundry and textile rental; greenhouses, industry, and renewable energy; lubricants; taxi; welfare and healthcare; banking and finance; car dismantling; automotive, transportation and machinery; media agency; pharmacy; blue light operations; car dealers and repair shops; electricity traders and network owners of electricity and district heating networks; real estate; insurance; and hairdressing and beauty salon services. It also provides software for hotel and hospitality; education; religious communities and preschools; skills development and transition; real estate agent; digital cultural heritage and collections; grocery store; property and facility management; trade and manufacturing; waste and resource processing; and bond markets, as well as municipal culture and leisure administration and visitor facilities. Vitec Software Group AB (publ) was incorporated in 1985 and is headquartered in Umeå, Sweden.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Olle Backman
  • Employees1.87K
  • HeadquartersGötgatan 6B, Umeå, Sweden, 903 27, Sweden
  • Websitehttps://www.vitecsoftware.com

Leadership

  • Mr. Lars Stenlund Ph.D.Founder & Chairman of the Board · b. 1958
  • Mr. Olle BackmanCEO, President & Director · b. 1969
  • Mr. Peter LidströmChief Financial Officer
  • Mr. Gert GustafssonChief Operating Officer · b. 1973
  • Mr. Jerker VallboCIO & CTO · b. 1964
  • Mr. Patrik FranssonHead of Investor Relations · b. 1966
  • Ms. Anna AnderssonHead of People & Culture · b. 1974
  • Ms. Anna-Karin NilssonHead of Brand · b. 1967
  • Mr. Ales ZobecHead of M&A · b. 1971
  • Mr. Richard LarssonChief Executive Officer of Software for Estate Agents - Sweden

Financials

Income Statement

Currency: SEK2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue136.31M144.51M316.34M359.60M389.20M371.63M491.96M618.38M675.41M855.03M1.02B1.16B1.31B1.57B1.98B2.78B3.33B3.63B
Growth (%)-+6.01%+118.90%+13.68%+8.23%-4.51%+32.38%+25.70%+9.22%+26.59%+18.92%+13.72%+13.54%+19.69%+25.89%+40.41%+20.05%+8.97%
Cost of Revenue---12.55M-13.34M205.30M199.22M232.19M280.86M310.05M398.10M467.51M522.10M557.54M819.87M981.38M1.38B2.10B2.71B
Gross Profit136.31M144.51M328.89M372.94M183.90M172.41M259.77M337.52M365.37M456.93M549.25M634.14M755.25M751.44M996.81M1.40B1.23B918.73M
Gross Margin100.00%100.00%103.97%103.71%47.25%46.39%52.80%54.58%54.10%53.44%54.02%54.85%57.53%47.82%50.39%50.23%36.95%25.28%
Operating Expense118.71M125.16M306.34M335.04M140.93M131.66M191.17M236.92M277.06M350.23M420.88M490.22M532.81M468.39M640.97M805.08M534.52M199.95M
Operating Income17.60M19.35M22.55M37.90M42.98M40.75M68.59M100.61M88.31M106.70M128.37M143.92M222.43M283.05M355.84M590.12M697.43M718.77M
Operating Margin12.91%13.39%7.13%10.54%11.04%10.96%13.94%16.27%13.07%12.48%12.63%12.45%16.94%18.01%17.99%21.25%20.92%19.78%
EBITDA27.32M29.33M40.38M61.43M66.29M72.97M126.43M187.24M161.83M182.01M230.27M289.81M389.25M496.64M620.70M940.05M1.32B1.29B
EBITDA Margin20.04%20.30%12.76%17.08%17.03%19.63%25.70%30.28%23.96%21.29%22.65%25.06%29.65%31.61%31.38%33.84%39.49%35.59%
Net Income11.76M13.66M15.01M26.30M32.86M30.23M49.06M78.19M66.81M79.43M96.92M102.17M160.71M206.94M244.87M339.18M410.10M435.36M
Net Income Margin8.63%9.45%4.74%7.31%8.44%8.13%9.97%12.64%9.89%9.29%9.53%8.84%12.24%13.17%12.38%12.21%12.30%11.98%
R&D-------32.90M41.50M51.90M57.20M66.00M68.10M71.20M89.80M124.10M368.98M-
R&D as % of Total Revenue-------5.32%6.14%6.07%5.63%5.71%5.19%4.53%4.54%4.47%11.07%-
Interest Expense2.82M1.47M2.39M2.98M3.79M3.43M5.56M6.72M7.10M8.84M12.20M15.74M15.12M21.20M43.80M99.19M124.85M107.62M
Interest Expense % of Total Revenue2.07%1.02%0.76%0.83%0.97%0.92%1.13%1.09%1.05%1.03%1.20%1.36%1.15%1.35%2.21%3.57%3.74%2.96%

Balance Sheet

Currency: SEK2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets124.10M221.32M293.31M327.74M429.13M387.98M772.90M872.02M1.10B1.26B1.68B1.89B2.21B3.75B6.32B7.83B10.08B10.27B
Total Liabilities70.67M133.40M181.44M189.64M269.48M218.37M512.77M600.48M762.48M863.81M1.01B1.13B1.36B1.76B3.11B4.42B5.18B5.43B
Total Equity53.43M65.24M92.39M117.05M159.66M169.61M260.13M271.54M334.21M398.16M669.63M759.43M843.35M1.99B3.21B3.41B4.91B4.84B
Cash5.00K26.55M32.12M38.55M53.80M21.32M71.11M60.27M80.88M57.92M235.26M16.66M134.69M119.85M615.79M171.85M243.55M416.51M
Total Debt38.26M58.27M68.27M61.34M106.03M81.31M189.55M241.07M383.52M406.10M509.25M557.10M616.71M873.76M1.63B2.26B2.54B3.04B
Net Debt38.26M31.72M36.15M22.79M52.23M59.99M118.44M180.80M302.64M348.17M274.00M540.44M482.01M753.90M1.01B2.09B2.30B2.62B

Cash Flow

Currency: SEK2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow15.92M36.34M35.35M48.72M60.09M42.85M129.33M140.29M158.45M187.63M197.12M283.25M436.33M488.02M563.37M718.40M949.04M1.11B
Investing Cash Flow-13.93M-14.17M-55.79M-31.12M-66.20M-57.95M-209.12M-168.08M-244.70M-198.08M-276.92M-375.51M-340.13M-1.51B-1.44B-1.68B-1.96B-1.18B
Financing Cash Flow-16.05M4.38M26.01M-11.17M35.47M-29.81M129.55M11.95M109.14M-15.54M254.01M-127.33M38.49M1.02B1.34B489.91M1.10B266.87M
Capital Expenditure8.34M8.72M17.00M26.06M21.04M40.78M60.60M82.00M92.81M109.25M142.63M156.65M172.89M228.19M285.35M376.96M402.58M27.20M
Free Cash Flow7.58M27.62M18.35M22.65M39.05M2.07M68.73M58.30M65.64M78.38M54.48M126.60M263.44M259.83M278.02M341.45M546.46M1.08B
Dividends Paid2.17M2.83M3.83M5.31M10.18M12.87M14.60M19.70M26.46M29.40M32.82M38.81M33.29M53.18M68.14M82.66M109.24M137.03M
FCF to OCF47.61%76.01%51.91%46.50%64.99%4.83%53.14%41.55%41.43%41.77%27.64%44.70%60.38%53.24%49.35%47.53%57.58%97.55%
Dividend Paid to FCF28.63%10.23%20.89%23.46%26.06%621.49%21.24%33.79%40.31%37.51%60.24%30.65%12.64%20.47%24.51%24.21%19.99%12.65%

Earnings

Report DateMar 31, 2006Jun 30, 2006Sep 30, 2006Dec 31, 2006Oct 26, 2007Feb 22, 2008Mar 31, 2008Jun 30, 2008Oct 30, 2008Feb 19, 2009Dec 2, 2009Mar 3, 2010Jun 2, 2010Sep 1, 2010Dec 1, 2010Mar 2, 2011Jun 1, 2011Aug 31, 2011Nov 30, 2011Feb 29, 2012May 30, 2012Jul 17, 2012Oct 25, 2012Feb 21, 2013May 2, 2013Jul 15, 2013Oct 25, 2013Feb 20, 2014May 6, 2014Jul 14, 2014Oct 22, 2014Feb 18, 2015May 6, 2015Jul 13, 2015Oct 21, 2015Feb 17, 2016May 11, 2016Jul 14, 2016Oct 20, 2016Feb 16, 2017Apr 25, 2017Jul 13, 2017Oct 20, 2017Feb 14, 2018Apr 23, 2018Jul 12, 2018Oct 18, 2018Feb 13, 2019Apr 10, 2019Jul 11, 2019Oct 17, 2019Feb 13, 2020Apr 17, 2020Jul 10, 2020Oct 15, 2020Feb 11, 2021Apr 16, 2021Jul 15, 2021Oct 14, 2021Feb 11, 2022Apr 22, 2022Jul 15, 2022Oct 20, 2022Feb 1, 2023Apr 21, 2023Jul 14, 2023Oct 19, 2023Feb 1, 2024Apr 18, 2024Jul 12, 2024Oct 17, 2024Feb 5, 2025Apr 23, 2025Jul 11, 2025Oct 16, 2025Feb 6, 2026Apr 23, 2026Jul 14, 2026Oct 23, 2026
EPS Estimate----0.060.13--0.040.23------------0.310.32-0.340.390.26-0.450.500.580.440.520.640.720.610.670.620.720.600.600.830.760.700.710.480.880.750.901.091.051.751.222.511.092.032.333.161.772.463.091.691.622.042.042.752.412.222.853.033.082.903.052.642.982.413.013.07
EPS Actual0.110.030.020.160.020.200.110.120.150.180.070.430.200.130.070.250.330.280.320.180.300.260.400.220.250.260.380.260.290.430.380.620.590.560.950.840.510.590.580.740.630.790.480.900.660.720.951.120.790.761.110.511.432.311.901.432.172.622.361.592.762.481.761.922.172.432.262.232.303.183.135.703.733.853.987.913.844.59-
Surprise-----66.67%53.85%--275.00%-21.74%------------29.03%-31.25%--23.53%-2.56%0.00%--4.44%-24.00%6.90%34.09%7.69%48.44%16.67%-16.39%-11.94%-6.45%2.78%5.00%31.67%-42.17%18.42%-5.71%1.41%97.92%27.27%5.33%-15.56%1.83%-51.43%-18.29%89.34%-24.30%31.19%6.90%12.45%-25.32%-10.17%12.20%-19.74%4.14%18.52%6.37%19.12%-17.82%-7.47%3.60%11.58%3.30%85.06%28.62%26.23%50.76%165.44%59.34%52.49%-
Timing----After-hoursPre-market--Pre-marketPre-market------------Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hours

Key Statistics & Ratios

Market Cap10.94B
Enterprise Value13.59B
Trailing P/E23.50
Forward P/E17.18
PEG Ratio0.00
Price / Sales2.86
Price / Book2.05
EPS11.76
Book Value127.32
Revenue (TTM)3.83B
Gross Profit (TTM)1.84B
EBITDA1.13B
Profit Margin12.13%
Operating Margin23.59%
Return on Equity9.45%
Return on Assets4.42%
Shares Outstanding37.09M
Shares Float35.13M
Beta0.83
Dividend Yield1.35%
Dividend Rate3.68
Payout Ratio17.91%

Dividends

20262×
0.92Jun 24, 20260.90Mar 24, 2026
20254×
0.90Dec 19, 20250.90Sep 23, 20250.90Jun 24, 20250.75Mar 25, 2025
20244×
0.75Dec 19, 20240.75Sep 24, 20240.75Jun 24, 20240.57Mar 22, 2024
20234×
0.57Dec 21, 20230.57Sep 25, 20230.57Jun 26, 20230.50Mar 24, 2023
20224×
0.50Dec 23, 20220.50Sep 26, 20220.50Jun 23, 20220.41Mar 24, 2022
20214×
0.41Dec 23, 20210.41Sep 24, 20210.41Jun 23, 20210.34Mar 24, 2021
20202×
0.34Dec 22, 20200.34Sep 24, 2020

Stock Splits

  • Dec 22, 20155:1