Reported Earnings • Jul 19
Second quarter 2026 earnings released: €0.03 loss per share (vs €0.02 profit in 2Q 2025) Second quarter 2026 results: €0.03 loss per share (down from €0.02 profit in 2Q 2025). Revenue: €7.78m (up 31% from 2Q 2025). Net loss: €367.0k (down 267% from profit in 2Q 2025). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the IT industry in Finland. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Annuncio • Jul 17
Digital Workforce Services Oyj Increases Earnings Guidance for the Year 2026 Digital Workforce Services Oyj increased earnings guidance for the year 2026. The company now expects full-year 2026 revenue is expected to grow 27–37% from the year 2025. In previous guidance the company expected full-year 2026 revenue is expected to grow 15% or more from the year 2025. Basis for the guidance update The order intake for the group has developed favorably, especially in the second quarter of 2026, and exceeded the company targets. Several new wins in healthcare business have been obtained, and agentic AI sales have increased. Renewals of existing customer agreements have been at the expected level. Acquisition of Front AI Oy’s agentic AI business for customer services is expected to create synergies that will positively impact the revenue growth already in 2026. Upcoming Dividend • Apr 10
Upcoming dividend of €0.09 per share Eligible shareholders must have bought the stock before 17 April 2026. Payment date: 27 April 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Finnish dividend payers (5.3%). Lower than average of industry peers (4.6%). Declared Dividend • Mar 06
Dividend of €0.09 announced Shareholders will receive a dividend of €0.09. Ex-date: 17th April 2026 Payment date: 27th April 2026 Dividend yield will be 3.8%, which is lower than the industry average of 5.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Annuncio • Mar 05
Digital Workforce Services Oyj announces Annual dividend, payable on April 27, 2026 Digital Workforce Services Oyj announced Annual dividend of EUR 0.0900 per share payable on April 27, 2026, ex-date on April 17, 2026 and record date on April 20, 2026. Reported Earnings • Feb 19
Full year 2025 earnings: Revenues in line with analyst expectations Full year 2025 results: Revenue: €28.7m (up 4.0% from FY 2024). Net loss: €851.0k (down 244% from profit in FY 2024). Revenue was in line with analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the IT industry in Finland. New Risk • Feb 19
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (€29.6m market cap, or US$34.9m). New Risk • Feb 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (€29.4m market cap, or US$34.6m). Price Target Changed • Oct 26
Price target decreased by 10% to €4.30 Down from €4.80, the current price target is an average from 2 analysts. New target price is 35% above last closing price of €3.18. Stock is down 20% over the past year. The company is forecast to post earnings per share of €0.005 for next year compared to €0.05 last year. Reported Earnings • Jul 20
Second quarter 2025 earnings: Revenues miss analyst expectations Second quarter 2025 results: Revenue: €7.22m (up 2.7% from 2Q 2024). Net income: €221.0k (up 57% from 2Q 2024). Profit margin: 3.1% (up from 2.0% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.0% decline forecast for the IT industry in Finland. Major Estimate Revision • Apr 27
Consensus EPS estimates fall by 38% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €31.1m to €30.3m. EPS estimate also fell from €0.17 per share to €0.105 per share. Net income forecast to grow 101% next year vs 1.2% growth forecast for IT industry in Finland. Consensus price target down from €5.45 to €4.90. Share price was steady at €3.44 over the past week. Annuncio • Apr 03
Digital Workforce Services Oyj announces Annual dividend, payable on April 23, 2025 Digital Workforce Services Oyj announced Annual dividend of EUR 0.0300 per share payable on April 23, 2025, ex-date on April 11, 2025 and record date on April 14, 2025. Annuncio • Mar 26
Digital Workforce Services Oyj Announces Resignation of Heini Kautonen as CFO Digital Workforce Services Oyj CFO Heini Kautonen has resigned from the company to pursue a career outside the company. She will continue as CFO and member of Management Team until end of May 2025. The search for a new CFO will start immediately. Heini Kautonen has been CFO and member of the Management Team of Digital Workforce Services Plc since September 2022. Reported Earnings • Mar 24
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: €0.05 (up from €0.06 loss in FY 2023). Revenue: €27.6m (up 9.4% from FY 2023). Net income: €590.0k (up €1.29m from FY 2023). Profit margin: 2.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the IT industry in Finland. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 20
Full year 2024 earnings: Revenues in line with analyst expectations Full year 2024 results: Revenue: €27.6m (up 9.4% from FY 2023). Net income: €590.0k (up €1.29m from FY 2023). Profit margin: 2.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the IT industry in Finland. Price Target Changed • Feb 19
Price target increased by 9.0% to €5.45 Up from €5.00, the current price target is an average from 2 analysts. New target price is 32% above last closing price of €4.14. Stock is up 29% over the past year. The company is forecast to post earnings per share of €0.06 next year compared to a net loss per share of €0.10 last year. Annuncio • Jan 30
Digital Workforce Launches Agentacademy.ai to Accelerate Enterprise Ai Literacy and Upskilling Digital Workforce Services Plc announced the launch of agentacademy.ai, an online learning platform designed to meet the growing demand for AI literacy and expertise in enterprise AI agents. AI agents have captured significant attention in the business world, being named the #1 Strategic technology trend of 2025 by Gartner and generating considerable interest across industries. However, while the potential of AI agents is immense, successful implementation requires more than enthusiasm—it demands practical skills, proven technologies, and a clear understanding of their capabilities and limitations. agentacademy.ai delivers actionable, role-based training to turn market hype into real results. In the job market, there is an increasing need for managers, creators, and shepherds of AI agents. New roles are emerging that involve AI business analysts, AI training, agent building, and related skills, creating exciting opportunities for forward-thinking professionals. Key Highlights of agentacademy.ai: Targeted Curriculum: Understanding Agentic AI: A free crash course for foundational knowledge. Agentic AI Business Analyst: Focused on identifying opportunities, managing projects, and maintaining AI solutions. Agentic AI Developer: Advanced training for building and deploying AI agents, launching later this spring. Flexible Learning: Online, self-paced courses tailored to busy professionals. Recognized Certifications: Shareable credentials to showcase expertise. Humans will continue to play a crucial role in developing and using AI agents, especially in the near term. While AI agents are designed to take actions to achieve goals, they are not yet fully autonomous and require human input and oversight in key areas such as goal setting, planning, design, data management, execution oversight, and training. A recent World Economic Forum report highlighted that 77% of surveyed employers plan to implement reskilling and upskilling strategies for their existing workforce to work with AI by 2030. Through agentacademy.ai, Digital Workforce aims to address this need, ensuring organizations can leverage AI responsibly and effectively. agentacademy.ai is now live, with its first courses available. Designed to cater to business professionals across various roles, the platform ensures organizations can confidently build and scale their AI capabilities. Annuncio • Jan 07
Digital Workforce Services Plc Announces the Appointment of Antti Karjalainen as Chief Technology Officer and a Member of the Management Team Digital Workforce Services Plc announced the appointment of Antti Karjalainen, M.Sc. (Eng.) and M.Sc. (Econ.), as Chief Technology Officer (CTO) and a member of the Management Team, effective January 7, 2025. Antti is a tech industry veteran with over 15 years of experience as an entrepreneur, engineer, founder, and leader of startups and growth companies. He was the founder and CEO of Robocorp, and spent several years in the Bay Area in San Francisco. Most recently, Antti co-founded the Enterprise AI Agent platform company Sema4.ai, where he focused on advancing generative AI agents with enterprise customers and the open-source community. The Management Team of Digital Workforce Services Plc as of 7 January 2025: Jussi Vasama (CEO), Heini Kautonen (CFO), Antti Karjalainen (CTO), Karli Kalpala (Head of Region UK & Ireland and Head of Strategic Transformation), Karri Lehtonen (Head Sales, North America), Juha Nieminen (Head of Sales, Finland and Head of Global Sales Operations), Stefan Meller (Head of Sales, Scandinavia), Tuomo Sievilä (Head of Customer Operations), Kristiina Åberg (Head of Marketing), Eila Onniselkä (Head of People & Culture). Breakeven Date Change • Jan 01
Forecast breakeven date pushed back to 2025 The 2 analysts covering Digital Workforce Services Oyj previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of €1.80m in 2025. Average annual earnings growth of 64% is required to achieve expected profit on schedule. Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Marika Auramo was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Nov 30
Digital Workforce Services Oyj, Annual General Meeting, Apr 10, 2025 Digital Workforce Services Oyj, Annual General Meeting, Apr 10, 2025. New Risk • Nov 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Finnish stocks, typically moving 6.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.6% average weekly change). Minor Risk Market cap is less than US$100m (€43.7m market cap, or US$46.3m). Reported Earnings • Aug 25
Second quarter 2024 earnings: Revenues exceed analyst expectations Second quarter 2024 results: Revenue: €7.04m (up 9.6% from 2Q 2023). Net income: €141.0k (up 50% from 2Q 2023). Profit margin: 2.0% (up from 1.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 107%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the IT industry in Finland. Breakeven Date Change • Aug 23
Forecast to breakeven in 2024 The 2 analysts covering Digital Workforce Services Oyj expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €520.0k in 2024. Earnings growth of 61% is required to achieve expected profit on schedule. Annuncio • Aug 23
Digital Workforce Services Oyj Un-Changes Earnings Guidance for the Year 2024 Digital Workforce Services Oyj unchanged earnings guidance for the year 2024. For the year, full-year 2024 revenue is expected to be higher than in 2023. Price Target Changed • Aug 21
Price target increased by 14% to €4.45 Up from €3.90, the current price target is an average from 2 analysts. New target price is 15% above last closing price of €3.86. Stock is down 11% over the past year. The company is forecast to post earnings per share of €0.07 next year compared to a net loss per share of €0.10 last year. Annuncio • May 03
Digital Workforce Services Oyj Provides Earnings Guidance for the Year 2024 Digital Workforce Services Oyj provided earnings guidance for the year 2024. For the year, full-year 2024 revenue is expected to be higher than in 2023. Annuncio • Apr 12
Digital Workforce Services Oyj Appoints Heikki Länsisyrjä as Chairman of the Board of Directors Digital Workforce Services Oyj announced that at its AGM held on April 11, 2024 elected Heikki Länsisyrjä Chairman of the Board of Directors. New Risk • Apr 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Finnish stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (€35.7m market cap, or US$38.8m). Annuncio • Apr 03
Digital Workforce Services Oyj Appoints Juha Nieminen as Head of Sales Finland & Group Sales Operations and A Member of the Management Team as of 8 April 2024 Digital Workforce Services Plc has appointed Juha Nieminen (Master of Science – MS, Industrial Engineering and Management) as Head of Sales Finland & Group Sales Operations and a member of the Management Team as of 8 April 2024. Juha has previously held a variety of sales management, business and sales development positions at Terveystalo, Heltti and Fazer, among others. In his previous position, he was responsible for Terveystalo Oyj's consumer business in Finland. In his new role, Juha will be responsible for leading Digital Workforce's sales in Finland and developing sales tools, processes and operations at the corporate level. Reported Earnings • Mar 01
Full year 2023 earnings released Full year 2023 results: Revenue: €25.6m (flat on FY 2022). Net loss: €697.0k (loss narrowed 77% from FY 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the IT industry in Finland. Annuncio • Feb 08
Digital Workforce Services Plc Appoints Karli Kalpala as Head of Region UK & Ireland and Head of Strategy Transformation Digital Workforce Services Plc announced the appointment of Karli Kalpala (Master of Science – MS, Industrial Engineering and Management) as the Head of Region UK & Ireland and Head of Strategy Transformation. Having joined Digital Workforce in 2016, Karli has held various pivotal roles, most recently serving as the Head of Strategic Transformation & Financial Services and Insurance (FSI) Industry. He will continue in the company’s Management Team, where he has been a team member since 2019, contributing significantly to the company's growth and development. In his new role, Karli will lead the Go-to-Market strategy, sales efforts, and partnerships in the UK & Ireland markets. He will also continue to drive Strategic Transformation, leveraging his expertise to further enhance Digital Workforce's offerings and market presence. He will continue as the acting head for FSI vertical until his successor is appointed. Annuncio • Jan 08
Digital Workforce Services Oyj Announces Change in the Management Team Digital Workforce Services Oyj announced that Leon Stafford leaves his position as Head of Sales UK & Ireland on 12 January 2024 to pursue new opportunities outside of Digital Workforce. Jussi Vasama will act as Interim Head of UK & Ireland for now. Digital Workforce will continue investing in the UK & Ireland markets, primarily focusing on healthcare, financial services & insurance. Annuncio • Dec 18
Digital Workforce Services Oyj (HLSE:DWF) commences an Equity Buyback Plan for 1,118,278 shares, representing 10% of its issued share capital, under the authorization approved on April 13, 2023. Digital Workforce Services Oyj (HLSE:DWF) commences share repurchases on December 15, 2023, under the program approved by shareholders at the Annual General Meeting held on April 13, 2023. As per the mandate, the company will repurchase up to 1,118,278 shares, representing 10% of its share capital. The shares will be repurchased at a price formed in public trading on the Nasdaq Helsinki Oy on the date of acquisition. The authorization will be valid till June 30, 2024. As of March 17, 2023, the company had 11,182,788 shares.
On December 12, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to 110,000 shares, representing 1% of its share capital for €0.25 million. The purpose of the program is to use the shares as a vehicle in potential acquisitions, possibly as part of the company's share-based incentive schemes, and otherwise to be reassigned, held by the company, or cancelled. The repurchases under the plan will commence from December 13, 2023, and will end no later than June 30, 2024. As of December 12, 2023, the company had 11,251,128 issued and 0 treasury shares. Breakeven Date Change • Nov 24
Forecast breakeven date pushed back to 2024 The analyst covering Digital Workforce Services Oyj previously expected the company to break even in 2023. New forecast suggests the company will make a profit of €370.0k in 2024. Average annual earnings growth of 124% is required to achieve expected profit on schedule. Price Target Changed • Nov 24
Price target decreased by 14% to €4.95 Down from €5.75, the current price target is an average from 2 analysts. New target price is 55% above last closing price of €3.20. Stock is down 20% over the past year. The company is forecast to post earnings per share of €0.02 next year compared to a net loss per share of €0.27 last year. Annuncio • Oct 24
Digital Workforce Services Oyj Announces Changes in the Management Team Digital Workforce Services Oyj has appointed Stefan Meller as Head of Sales, Scandinavia, and a member of the Management Team, effective immediately. Stefan Meller will succeed Markus Lindström, who has decided to leave his position as Head of Sales, Scandinavia, and as a member of the Management Team to continue his career beyond Digital Workforce. Lindström will remain in an advisory role with Digital Workforce, ensuring a seamless transition of his duties to his successor latest by the end of 2023. Stefan Meller joined Digital Workforce in 2023 as a Senior Business Automation Consultant. Before joining Digital Workforce Stefan spent a decade managing a consulting firm that specialized in assisting clients with digitalizing procurement and supply chain capabilities using leading platforms, such as SAP, Ivalua, Coupa, and Kinaxis. Annuncio • Aug 24
Digital Workforce Services Plc Provides Earnings Guidance for the Full Year 2023 Digital Workforce Services Plc provided earnings guidance for the full year 2023. For the year, revenue is expected to be higher than in 2022 and profitability is expected to be positive on an adjusted EBITDA basis. Reported Earnings • Aug 24
First half 2023 earnings released: EPS: €0.02 (vs €0.17 loss in 1H 2022) First half 2023 results: EPS: €0.02 (up from €0.17 loss in 1H 2022). Revenue: €12.8m (up 7.3% from 1H 2022). Net income: €188.0k (up €2.07m from 1H 2022). Profit margin: 1.5% (up from net loss in 1H 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the IT industry in Finland. Breakeven Date Change • Aug 14
Forecast breakeven date moved forward to 2023 The analyst covering Digital Workforce Services Oyj previously expected the company to break even in 2024. New forecast suggests the company will make a profit of €10.0k in 2023. Earnings growth of 104% is required to achieve expected profit on schedule. Annuncio • Jun 02
Digital Workforce Services plc Announces Management Changes The composition and responsibilities of the Management Team of Digital Workforce Services Plc are changed as of 1 June 2023. With these changes the company aims to seize new market opportunities and to support the company's strategy execution. The company focuses on its business as a leading business process automation services and technology solution provider delivering outstanding customer experience and measurable value to its customers. The company will continue to invest in the Heathcare business and growth markets of North America and the UK. Karri Lehtonen has been appointed as Head of Sales North America and a member of the Management Team as of 1 June 2023. Karri has previously worked as the company's General Counsel and Head of Business Development. Leon Stafford has been appointed as Head of Sales UK & Ireland and a member of the Management Team from 1 June 2023. In his previous position, Leon worked as Digital Workforce's UK Country Manager since 2021. Markus Lindström has been appointed Head of Sales Scandinavia and a Management Team member from 1 June 2023. Markus has previously served as Country Manager for Norway and has accounted for sales in Denmark since 2022. CEO Jussi Vasama will lead sales in Finland and other geographies alongside his other duties. Tuomo Sievilä has been appointed to the new Head of Customer Operations role, responsible for global continuous and professional services, and will continue in the Management Team. Tuomo has previously been responsible for the continuous services business unit. Karli Kalpala will continue in the company's Management Team, and in addition to strategic transformation, he will be responsible for the Financial Services Industry business area. Teemu Vieruaho, who has led the Professional Services business unit, will continue to work for the company but leaves the Management Team on 1 June 2023. The founding partners, Heikki Länsisyrjä (COO) and Jukka Virkkunen (CRO), step down from the company's operational management and Management Team and will focus on Digital Workforce's long-term value creation and strategy at the company’s Board of Directors. Furthermore, Heikki and Jukka will serve as Executive Advisors in special projects. The Management Team of Digital Workforce Services Plc as of 1 June 2023: Jussi Vasama (CEO); Heini Kautonen (CFO); Juha Järvi (Global Head of Healthcare); Karli Kalpala (Head of Strategic Transformation & Financial Services Industry); Tuomo Sievilä (Head of Customer Operations); Karri Lehtonen (Head of Sales, North America); Leon Stafford (Head of Sales, United Kingdom and Ireland); Markus Lindström (Head of Sales, Scandinavia); Kristiina Åberg (Head of Marketing); and Eila Onniselkä (Head of People & Culture). Major Estimate Revision • Mar 07
Consensus EPS estimates upgraded to €0.01 loss The consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -€0.06 to -€0.01 per share. Revenue forecast steady at €31.1m. IT industry in Finland expected to see average net income growth of 47% next year. Consensus price target up from €5.00 to €5.75. Share price rose 12% to €4.78 over the past week. Price Target Changed • Mar 02
Price target increased by 15% to €5.75 Up from €5.00, the current price target is an average from 2 analysts. New target price is 21% above last closing price of €4.75. Stock is down 0.9% over the past year. Reported Earnings • Mar 02
Full year 2022 earnings: Revenues in line with analyst expectations Full year 2022 results: Revenue: €26.0m (up 16% from FY 2021). Net loss: €3.01m (loss narrowed 16% from FY 2021). Revenue was in line with analyst estimates. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Finland. Breakeven Date Change • Feb 21
Forecast to breakeven in 2024 The analyst covering Digital Workforce Services Oyj expects the company to break even for the first time. New forecast suggests losses will reduce by 56% per year to 2023. The company is expected to make a profit of €1.00m in 2024. Average annual earnings growth of 96% is required to achieve expected profit on schedule. Annuncio • Feb 07
Digital Workforce Services Plc Announce Chief Executive Officer Changes Jussi Vasama to start as CEO of Digital Workforce Services Plc on March 27, 2023. Jussi Vasama’s starting date as CEO of Digital Workforce Services Plc has been agreed. He will start in the position on March 27 2023. On 20 December 2022, Digital Workforce announced Jussi Vasama’s appointment and that he will assume his position at the latest on 19 April 2023. Heikki Länsisyrjä who has acted as the company’s interim CEO since 19 December 2022 will continue in his role as a member of the Digital Workforce Services Plc’s Board of Directors and the management team when Jussi Vasama takes over the position as CEO. Annuncio • Dec 17
Digital Workforce Services Oyj to Report Fiscal Year 2022 Results on Feb 28, 2023 Digital Workforce Services Oyj announced that they will report fiscal year 2022 results at 3:00 PM, E. Europe Standard Time on Feb 28, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Marika Auramo was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Nov 04
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -€0.44 to -€0.30 per share. Revenue forecast steady at €25.5m. IT industry in Finland expected to see average net income growth of 21% next year. Consensus price target of €5.00 unchanged from last update. Share price fell 10% to €2.95 over the past week. Annuncio • Oct 28
Digital Workforce Services Oyj to Report First Half, 2023 Results on Aug 23, 2023 Digital Workforce Services Oyj announced that they will report first half, 2023 results on Aug 23, 2023 Major Estimate Revision • Oct 26
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 expected loss increased from -€0.30 to -€0.44 per share. Revenue forecast of €25.4m unchanged since last update. IT industry in Finland expected to see average net income growth of 19% next year. Consensus price target down from €5.50 to €5.00. Share price rose 3.0% to €3.50 over the past week. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Marika Auramo was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Dec 03
Digital Workforce Services Ltd. has completed an IPO in the amount of €25.5 million. Digital Workforce Services Ltd. has completed an IPO in the amount of €25.5 million.
Security Name: Shares
Security Type: Common Stock
Price\Range: €6.58
Security Name: Shares
Security Type: Common Stock
Price\Range: €5.93
Transaction Features: Regulation S; Reserved Share Offering