Swedish Software Potentially Undervalued Companies

Sleep Cycle

Market Cap: SEK 520.1m

Engages in providing sleep tracking applications in Sweden.

Avensia

Market Cap: SEK 314.1m

Provides e-commerce solutions in Sweden.

Enea

Market Cap: SEK 1.3b

Provides software products for telecom and cybersecurity industries worldwide.

Truecaller

Market Cap: SEK 6.6b

Develops and publishes mobile caller ID applications for individuals and business in India, the Middle East, Africa, and internationally.

Proact IT Group

Market Cap: SEK 3.0b

Provides data and information management services with cloud services and data center solutions in Sweden, the United Kingdom, the Netherlands, Germany, and internationally.

InfraCom Group

Market Cap: SEK 826.5m

Provides IT security, office IT, telephony, and server as a service solutions in Sweden.

Sinch

Market Cap: SEK 25.3b

Provides cloud communications services and solutions for enterprises and mobile operators.

White Pearl Technology Group

Market Cap: SEK 473.2m

Engages in selling various technology solutions and products in Sweden, Africa, the Middle East, Asia, and Latin America.

CAG Group

Market Cap: SEK 756.2m

Operates as an IT consulting company in Sweden.

SpectrumOne

Market Cap: SEK 58.6m

A technology company, provides z`data management, analytics, and communications platform suites to append and analyze customer data in Sweden.

Yubico

Market Cap: SEK 6.6b

Provides authentication solutions for use in computers, networks, and online services.

Kentima Holding

Market Cap: SEK 75.2m

Develops, manufactures, and sells products for the automation and security sector in Sweden.

Generic Sweden

Market Cap: SEK 570.3m

A technology company, provides messaging services for all applications.

Checkin.Com Group

Market Cap: SEK 155.4m

Develops software as a service that allow its consumers to connect with brands and services online in Sweden and internationally.

Clavister Holding AB (publ.)

Market Cap: SEK 897.6m

Develops, produces, and sells cybersecurity solutions in Sweden, rest of Europe, Asia, and internationally.

CombinedX

Market Cap: SEK 716.8m

Provides technology solutions to companies and organizations.

Micro Systemation

Market Cap: SEK 1.1b

Provides forensic technology for mobile device examination and analysis in Sweden and internationally.

Novotek

Market Cap: SEK 862.8m

Novotek AB delivers solutions in the industrial IT and automation areas in Sweden, Norway, Denmark, Finland, Benelux countries, the United Kingdom, Ireland, and Switzerland.

Done.ai Group

Market Cap: SEK 557.0m

Provides delivering proprietary enterprise resource planning systems to small, medium, and large companies through cloud-based services and software as a service.

Prevas

Market Cap: SEK 1.2b

Provides technical solutions in Sweden, Denmark, Finland, and internationally.

Curira

Market Cap: SEK 60.3m

Curira AB provides digitalization services.

Creturner Group

Market Cap: SEK 3.1m

A greentech company, engages in the production of photovoltaic solar fields.

Lime Technologies

Market Cap: SEK 3.8b

Provides software as a service (SaaS) based customer relationship management (CRM) solutions in the Nordic region.

DevPort

Market Cap: SEK 148.1m

Engages in the product development, production development and supply chain management, and digital solutions businesses in Sweden.

Compodium International

Market Cap: SEK 30.1m

A technology company, provides secure digital communication services in Sweden.

Binero Group

Market Cap: SEK 278.8m

Develops and delivers cloud and platform services in Sweden, Norway, Denmark, and Finland.

TietoEVRY Oyj

Market Cap: SEK 2.2b

Operates as a software and services company.

Knowit

Market Cap: SEK 3.2b

Operates as a consultancy company in Sweden and internationally.

Provide IT Sweden

Market Cap: SEK 14.8m

Provide IT Sweden AB (publ), a digital production agency, develops Web and mobile applications in collaboration with advertising agencies.

Cint Group

Market Cap: SEK 1.0b

Provides software solutions for digital insights and research technology worldwide.

Oneflow

Market Cap: SEK 760.9m

A software company, develops, sells, and implements digital contract management and automation systems in Sweden, Norway, North America, and internationally.

Nodebis Applications

Market Cap: SEK 228.7m

Provides digital support services in Sweden and the Nordic region.

Addnode Group

Market Cap: SEK 13.1b

Offers software and services for the design, construction, product data information, project collaboration, and facility management in Sweden, Nordic countries, the United States, the United Kingdom, Germany, and internationally.

Vitec Software Group

Market Cap: SEK 12.4b

Develops and delivers vertical market software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally.