View ValuationVitec Software Group 향후 성장Future 기준 점검 1/6Vitec Software Group (는) 각각 연간 13.6% 및 5.9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 13.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 11.2% 로 예상됩니다.핵심 정보13.6%이익 성장률13.33%EPS 성장률Software 이익 성장16.1%매출 성장률5.9%향후 자기자본이익률11.21%애널리스트 커버리지Good마지막 업데이트27 Apr 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Apr 29+ 1 more updateVitec Software Group AB (Publ) Approves Dividend for Financial Year 2025, Payable in Quarterly Installments on June 25, 2026, September 25, 2026, December 23, 2026, and March 24, 2027Vitec Software Group AB board at its annual general meeting held on April 28, 2026, approved dividend of SEK 3.68 per share for the financial year 2025. The dividend will be paid quarterly through partial payments of SEK 0.92 per share, however not more than SEK 156,344,798 in total. The record dates for the right to receive the quarterly partial payments are June 25, 2026, September 25, 2026, December 23, 2026, and March 24, 2027.공시 • Feb 06+ 3 more updatesVitec Software Group AB (publ) to Report First Half, 2026 Results on Jul 14, 2026Vitec Software Group AB (publ) announced that they will report first half, 2026 results on Jul 14, 2026공시 • Feb 03Vitec Software Group AB (publ) (OM:VIT B) acquired 80% stake in Infometric AB.Vitec Software Group AB (publ) (OM:VIT B) acquired 80% stake in Infometric AB on February 2, 2026. The acquisition payment will be made in cash. On completion, key stakeholders of Infometric AB will continue to be operational in the company with minority shares. Over the next few years, Vitec Software Group AB will increase its ownership and will hold 100% during 2030. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Consolidation will commence as of the acquisition date. For the period ending December 31, 2025, Infometric AB reported total revenue of SEK 137.5 million. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of 80% stake in Infometric AB on February 2, 2026.공시 • Jan 30Vitec Software Group AB (publ) (OM:VIT B) acquired 75% stake in Autonet B.V.Vitec Software Group AB (publ) (OM:VIT B) acquired 75% stake in Autonet B.V. on January 29, 2026. A cash consideration will be paid by Vitec Software Group AB (publ). Vitec acquires 75 percent of the shares, while the management team will continue to be operational in the company with minority shares. Over the next few years, Vitec will increase its ownership and will hold 100% in 2029. For the period ending December 31, 2025, Autonet B.V. reported total revenue of €4.5 million. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of 75% stake in Autonet B.V. on January 29, 2026.공시 • Oct 24Vitec Software Group AB (publ), Annual General Meeting, Apr 28, 2026Vitec Software Group AB (publ), Annual General Meeting, Apr 28, 2026.공시 • Apr 30Vitec Software Group AB Approves DividendVitec Software Group AB (publ) at its AGM held on April 29, 2025 resolved, in accordance with the Board of Directors’ proposal of allocation of result included in the annual report, to approve the proposed dividend of SEK 3.60 per share. The dividend will be paid quarterly through partial payments of SEK 0.90 per share, however not more than SEK 154,258,554 in total. The record dates for the right to receive the quarterly partial payments are June 25, 2025, September 24, 2025, December 22, 2025, and March 25, 2026.공시 • Apr 02Vitec Software Group AB (publ) announces Quarterly dividend, payable on June 30, 2025Vitec Software Group AB (publ) announced Quarterly dividend of SEK 0.9000 per share payable on June 30, 2025, ex-date on June 24, 2025 and record date on June 25, 2025.공시 • Feb 07Vitec Software Group AB (publ) (OM:VIT B) acquired Intergrip B.V.Vitec Software Group AB (publ) (OM:VIT B) acquired Intergrip B.V. on February 7, 2025. As part of the acquisition, Vitec Software Group AB has acquired all shares in Intergrip B.V. The Payment will be in cash. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Consolidation will commence as of the acquisition date. For the period ending December 31, 2024, Intergrip B.V. reported total revenue of €2.5 million. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Intergrip B.V. on February 7, 2025.공시 • Feb 06Vitec Software Group AB (publ), Annual General Meeting, Apr 29, 2025Vitec Software Group AB (publ), Annual General Meeting, Apr 29, 2025, at 17:30 W. Europe Standard Time.공시 • Feb 05Vitec Software Group AB (publ) Proposes DividendThe board of directors of Vitec Software Group AB (publ) proposed an increased dividend, for the 23rd consecutive year, to SEK 3.60 per share (SEK 3.00 per share), an increase of 20%.공시 • Dec 03Vitec Software Group AB (publ) (OM:VIT B) acquired Figlo Holding B.V. from InvestCloud, Inc.Vitec Software Group AB (publ) (OM:VIT B) acquired Figlo Holding B.V. from InvestCloud, Inc. on December 2, 2024. Figlo reported revenue of €4.3 million for the 2023 financial year. The transaction adds Figlo’s team of 36 professionals to Vitec, expanding Vitec’s expertise in financial planning. Payment will be in cash, and the acquisition is expected to yield an immediate increase in earnings per share for Vitec. Consolidation will commence as of the acquisition date. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Figlo Holding B.V. from InvestCloud, Inc. on December 2, 2024.공시 • Nov 20Vitec Software Group AB (publ) (OM:VIT B) acquired Roidu Ltd.Vitec Software Group AB (publ) (OM:VIT B) acquired Roidu Ltd. on November 20, 2024. The consideration will be in cash and with a convertible bond, with deviation from shareholders' preferential rights in accordance with the authorization from the Annual General Meeting held on April 23, 2024. The convertible bond matures in 36 months and at full conversion will have a dilutive effect on capital of less than 0.1%. Roidu's 17 new employees will join Vitec. For the period ending December 31, 2023, Roidu Ltd. reported total revenue of €2.3 million. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Consolidation will commence as of acquisition date. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Roidu Ltd. on November 20, 2024.공시 • Nov 05Vitec Software Group AB (publ) (OM:VIT B) acquired OLYSLAGER B.V.Vitec Software Group AB (publ) (OM:VIT B) acquired OLYSLAGER B.V. on November 4, 2024. Consideration will be in cash and with a convertible, with deviation from shareholders' preferential rights in accordance with the authorization from the Annual General Meeting on April 23, 2024. The convertible matures in 36 months and at full conversion will have a dilutive effect on capital of 0.1%. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Consolidation will commence as of the acquisition date. For the period ending December 31, 2023, OLYSLAGER B.V. reported total revenue of €12 million. All the employees of OLYSLAGER will join Vitec following the acquisition. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of OLYSLAGER B.V. on November 4, 2024.공시 • Oct 29Vitec Software Group AB (publ) Announces Nomination Committee for 2025 Annual General MeetingIn accordance with the decision of the Annual General Meeting, the Nomination Committee for Vitec Software Group AB (publ) has been appointed ahead of the Annual General Meeting 2025. The Nomination Committee consists of the following members: Patrik Jönsson, Chairman of the Nomination Committee, represents SEB Investment Management, Lars Stenlund, Chairman of the Board, Vitec Software Group, Jerker Vallbo, Thomas Eklund.New Risk • Oct 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Reported Earnings • Oct 18Third quarter 2024 earnings released: EPS: kr2.85 (vs kr2.26 in 3Q 2023)Third quarter 2024 results: EPS: kr2.85 (up from kr2.26 in 3Q 2023). Revenue: kr813.7m (up 16% from 3Q 2023). Net income: kr108.4m (up 27% from 3Q 2023). Profit margin: 13% (up from 12% in 3Q 2023). 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 9.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공시 • Oct 17+ 3 more updatesVitec Software Group AB (publ) to Report Q3, 2025 Results on Oct 16, 2025Vitec Software Group AB (publ) announced that they will report Q3, 2025 results at 8:00 AM, Central European Standard Time on Oct 16, 2025New Risk • Oct 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (54% net debt to equity). Shareholders have been diluted in the past year (6.7% increase in shares outstanding).Declared Dividend • Sep 25Dividend of kr0.75 announcedShareholders will receive a dividend of kr0.75. Ex-date: 19th December 2024 Payment date: 30th December 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.5%. Payout Ratios Payout ratio: 30%. Cash payout ratio: 21%.Upcoming Dividend • Sep 17Upcoming dividend of kr0.75 per shareEligible shareholders must have bought the stock before 24 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.1%).Recent Insider Transactions • Sep 13Chief Operating Officer recently sold €227k worth of stockOn the 6th of September, Gert Gustafsson sold around 5k shares on-market at roughly €45.44 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gert has been a net seller over the last 12 months, reducing personal holdings by €486k.공시 • Sep 12Vitec Software Group AB (publ) (OM:VIT B) acquired an unknown majority stake in Trinergy Sprl.Vitec Software Group AB (publ) (OM:VIT B) acquired an unknown majority stake in Trinergy Sprl on September 12, 2024. Payment will be in cash. Vitec acquires a majority stake, while the co-founders will continue to be operational in the company with minority shares. Over the next few years, Vitec will increase its ownership and will hold 100% by 2027. For the period ending December 31, 2023, Trinergy Sprl reported total revenue of €3.5 million. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of an unknown majority stake in Trinergy Sprl on September 12, 2024.공시 • Aug 14Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of an unknown majority stake in Taxiteknik Nordic Ab.Vitec Software Group AB (publ) (OM:VIT B) agreed to acquire an unknown majority stake in Taxiteknik Nordic Ab on July 9, 2024. Vitec is set to acquire a majority stake, while the founders will continue to be operational in the company as minority shareholders. Over the next few years, Vitec will increase its ownership and is expected to hold 100% by 2027. Payment will be in cash. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Before closing, the acquisition needs approval from the Inspectorate of Strategic Products under the Screening of Foreign Direct Investments Act. Taxiteknik has an annual revenue of just over SEK 20 million. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of an unknown majority stake in Taxiteknik Nordic Ab on August 14, 2024. Inspectorate of Strategic Products under the Screening of Foreign Direct Investments Act has approved the deal. Over the next few years, Vitec will increase its ownership and will hold 100% by 2027.Buy Or Sell Opportunity • Jul 17Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.8% to €48.94. The fair value is estimated to be €40.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.Reported Earnings • Jul 14Second quarter 2024 earnings released: EPS: kr3.18 (vs kr2.59 in 2Q 2023)Second quarter 2024 results: EPS: kr3.18 (up from kr2.59 in 2Q 2023). Revenue: kr882.2m (up 22% from 2Q 2023). Net income: kr119.5m (up 23% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany.Declared Dividend • Jun 25Dividend of kr0.75 announcedShareholders will receive a dividend of kr0.75. Ex-date: 24th September 2024 Payment date: 30th September 2024 Dividend yield will be 1.9%, which is higher than the industry average of 1.5%. Payout Ratios Payout ratio: 32%. Cash payout ratio: 21%.Upcoming Dividend • Jun 18Upcoming dividend of kr0.75 per shareEligible shareholders must have bought the stock before 24 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.2%).공시 • Jun 05+ 2 more updatesVitec Software Group AB (Publ) Appoints Peter Lidström as Chief Financial Officer ,Effective September 1, 2024Vitec Software Group AB (publ) announced that Peter Lidström becomes the new Chief Financial Officer (CFO). Peter has extensive experience as both CEO and CFO in the software and IT sector. Peter Lidström will be part of the Group Management and will take up his position on 1 September.Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Malin Ruijsenaars was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Apr 24Vitec Software Group AB (Publ) Approves DividendVitec Software Group AB (publ) announced at the AGM held on April 23, 2024, approved dividend of SEK 3.00 per share. The dividend will be paid quarterly through partial payments of SEK 0.75 per share, however not more than SEK 121,573,093 in total. The record dates for the right to receive the quarterly partial payments are 25 June 2024, 25 September 2024, 20 December 2024, and 26 March 2025.Reported Earnings • Apr 18First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: kr716.0m (up 17% from 1Q 2023). Net income: kr85.5m (up 11% from 1Q 2023). Profit margin: 12% (in line with 1Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Software industry in Germany.Declared Dividend • Apr 03Fourth quarter dividend of kr0.75 announcedShareholders will receive a dividend of kr0.75. Ex-date: 24th June 2024 Payment date: 28th June 2024 Dividend yield will be 1.9%, which is higher than the industry average of 1.5%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 33%.Upcoming Dividend • Mar 15Upcoming dividend of kr0.57 per shareEligible shareholders must have bought the stock before 22 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.2%).Reported Earnings • Feb 03Full year 2023 earnings released: EPS: kr9.08 (vs kr6.92 in FY 2022)Full year 2023 results: EPS: kr9.08 (up from kr6.92 in FY 2022). Revenue: kr2.78b (up 40% from FY 2022). Net income: kr339.2m (up 39% from FY 2022). Profit margin: 12% (in line with FY 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Software industry in Germany.공시 • Feb 02+ 3 more updatesVitec Software Group AB (publ) to Report Q1, 2024 Results on Apr 18, 2024Vitec Software Group AB (publ) announced that they will report Q1, 2024 results at 8:00 AM, Central European Standard Time on Apr 18, 2024Upcoming Dividend • Dec 14Upcoming dividend of kr0.57 per share at 0.4% yieldEligible shareholders must have bought the stock before 21 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (1.6%).Recent Insider Transactions • Dec 13Independent Director recently sold €330k worth of stockOn the 6th of December, Kaj Sandart sold around 7k shares on-market at roughly €47.10 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €384k more than they bought in the last 12 months.공시 • Nov 29Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Codea Oy.Vitec Software Group AB (publ) (OM:VIT B) agreed to acquire Codea on September 26, 2023. Payment will be in cash and with a convertible, with deviation from shareholders' preferential rights in accordance with the authorization from the Annual General Meeting on April 25, 2023. The convertible matures in 36 months and at full conversion will have a dilutive effect on capital of less than 0.1%. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Before closing, the acquisition needs approval from the Finnish Ministry of Economic Affairs and Employment under the Act on the Monitoring of Foreign Corporate Acquisitions in Finland. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Codea Oy on November 28, 2023.공시 • Nov 02Vitec Software Group AB (publ), Annual General Meeting, Apr 23, 2024Vitec Software Group AB (publ), Annual General Meeting, Apr 23, 2024.New Risk • Oct 22New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Shareholders have been diluted in the past year (6.3% increase in shares outstanding).Reported Earnings • Oct 22Third quarter 2023 earnings released: EPS: kr2.26 (vs kr1.76 in 3Q 2022)Third quarter 2023 results: EPS: kr2.26 (up from kr1.76 in 3Q 2022). Revenue: kr701.0m (up 39% from 3Q 2022). Net income: kr85.2m (up 38% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany.공시 • Oct 14Vitec Software Group AB (publ) (OM:VIT B) acquired Picturae Ict B.V.Vitec Software Group AB (publ) (OM:VIT B) acquired Picturae Ict B.V. on October 12, 2023. Vitec Software Group acquired the target company under name change to Vitec Memorix B.V and the transaction payment will be in cash. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Picturae Ict B.V. on October 12, 2023.공시 • Sep 27Vitec Software Group AB (publ) (OM:VIT B) agreed to acquire Codea.Vitec Software Group AB (publ) (OM:VIT B) agreed to acquire Codea on September 26, 2023. Payment will be in cash and with a convertible, with deviation from shareholders' preferential rights in accordance with the authorization from the Annual General Meeting on April 25, 2023. The convertible matures in 36 months and at full conversion will have a dilutive effect on capital of less than 0.1%. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Before closing, the acquisition needs approval from the Finnish Ministry of Economic Affairs and Employment under the Act on the Monitoring of Foreign Corporate Acquisitions in Finland.Upcoming Dividend • Sep 18Upcoming dividend of kr0.57 per share at 0.4% yieldEligible shareholders must have bought the stock before 25 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.6%).공시 • Sep 15Vitec Software Group AB (publ) completed the acquisition of Neagen Oy.Vitec Software Group AB (publ) entered into an agreement to acquire Neagen Oy on June 13, 2023. Payment will be in cash and with a convertible, with deviation from shareholders' preferential rights in accordance with the authorization from the Annual General Meeting on April 25, 2023. The acquisition is subject to the Finnish Ministry of Economic Affairs and Employment under the Act on the Monitoring of Foreign Corporate Acquisitions in Finland. As of year ended 2022, Neagen Oy reported revenue of €5 million. Rabbe Sittnikow from Hannes Snellman Attorneys Ltd. acted as legal advisors to Vitec Software Group AB (publ) (OM:VIT B). IMAP Finland (Carner Corporate Finance) acted as financial advisor to Vitec throughout the process. Vitec Software Group AB (publ) completed the acquisition of Neagen Oy on September 14, 2023.Reported Earnings • Jul 14Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr723.7m (up 43% from 2Q 2022). Net income: kr96.9m (up 82% from 2Q 2022). Profit margin: 13% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Software industry in Germany.공시 • Jun 14Vitec Software Group AB (publ) entered into an agreement to acquire Neagen Oy.Vitec Software Group AB (publ) entered into an agreement to acquire Neagen Oy on June 13, 2023. Payment will be in cash and with a convertible, with deviation from shareholders' preferential rights in accordance with the authorization from the Annual General Meeting on April 25, 2023. The acquisition is subject to the Finnish Ministry of Economic Affairs and Employment under the Act on the Monitoring of Foreign Corporate Acquisitions in Finland. As of year ended 2022, Neagen Oy reported revenue of €5 million.공시 • Jun 13Vitec Software Group AB (publ) (OM:VIT B) acquired Entry Event Sweden Ab.Vitec Software Group AB (publ) (OM:VIT B) acquired Entry Event Sweden Ab on June 12, 2023. Payment is made in cash and with a convertible debenture with deviation from shareholders' preferential rights in accordance with authorization from the Annual General Meeting April 25, 2023. The term of the convertible bond is 36 months, which upon full conversion results in a dilution of the capital below 0.1%. Stratema has acted as financial adviser to Vitec Software Group.Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Entry Event Sweden Ab on June 12, 2023.공시 • May 16Vitec Software Group AB (publ) (OM:VIT B) acquired DL Systems.Vitec Software Group AB (publ) (OM:VIT B) acquired DL Systems on May 15, 2023.Vitec Software Group AB (publ) (OM:VIT B) completed he acquisition of DL Systems on May 15, 2023.Reported Earnings • Apr 21First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr612.6m (up 20% from 1Q 2022). Net income: kr77.1m (up 25% from 1Q 2022). Profit margin: 13% (in line with 1Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Software industry in Germany.이익 및 매출 성장 예측DB:7VS - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20284,4186838381,427612/31/20274,1955977461,315712/31/20263,9765066561,22773/31/20263,6864516741,136N/A12/31/20253,6334356541,110N/A9/30/20253,6003975791,010N/A6/30/20253,5543935791,009N/A3/31/20253,5214086001,013N/A12/31/20243,334410546949N/A9/30/20243,148393517930N/A6/30/20243,040370535933N/A3/31/20242,881348534923N/A12/31/20232,778339341718N/A9/30/20232,615327439801N/A6/30/20232,419304392730N/A3/31/20232,144260300607N/A12/31/20221,978245278563N/A9/30/20221,669233289547N/A6/30/20221,588221311550N/A3/31/20221,590229385623N/A12/31/20211,571207260488N/A9/30/20211,707198278491N/A6/30/20211,640191269475N/A3/31/20211,553179322514N/A12/31/20201,475161263436N/A9/30/20201,403130270437N/A6/30/20201,369123235400N/A3/31/20201,33298176334N/A12/31/20191,295102N/A283N/A9/30/20191,287116N/A270N/A6/30/20191,256109N/A263N/A3/31/20191,205103N/A267N/A12/31/20181,14497N/A197N/A9/30/20181,09693N/A178N/A6/30/20181,04575N/A173N/A3/31/201898980N/A202N/A12/31/201795279N/A188N/A9/30/201789575N/A193N/A6/30/201783577N/A187N/A3/31/201779872N/A173N/A12/31/201675867N/A158N/A9/30/201672871N/A158N/A6/30/201671176N/A147N/A3/31/201669975N/A150N/A12/31/201568478N/A140N/A9/30/201565572N/A144N/A6/30/201563164N/A137N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 7VS 의 연간 예상 수익 증가율(13.6%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: 7VS 의 연간 수익(13.6%)이 German 시장(17.2%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 7VS 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 7VS 의 수익(연간 5.9%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 7VS 의 수익(연간 5.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 7VS의 자본 수익률은 3년 후 11.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/14 10:50종가2026/05/14 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Vitec Software Group AB (publ)는 11명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierDaniel ThorssonABG Sundal Collier SponsoredDaniel LindkvistDanske Bank8명의 분석가 더 보기
공시 • Apr 29+ 1 more updateVitec Software Group AB (Publ) Approves Dividend for Financial Year 2025, Payable in Quarterly Installments on June 25, 2026, September 25, 2026, December 23, 2026, and March 24, 2027Vitec Software Group AB board at its annual general meeting held on April 28, 2026, approved dividend of SEK 3.68 per share for the financial year 2025. The dividend will be paid quarterly through partial payments of SEK 0.92 per share, however not more than SEK 156,344,798 in total. The record dates for the right to receive the quarterly partial payments are June 25, 2026, September 25, 2026, December 23, 2026, and March 24, 2027.
공시 • Feb 06+ 3 more updatesVitec Software Group AB (publ) to Report First Half, 2026 Results on Jul 14, 2026Vitec Software Group AB (publ) announced that they will report first half, 2026 results on Jul 14, 2026
공시 • Feb 03Vitec Software Group AB (publ) (OM:VIT B) acquired 80% stake in Infometric AB.Vitec Software Group AB (publ) (OM:VIT B) acquired 80% stake in Infometric AB on February 2, 2026. The acquisition payment will be made in cash. On completion, key stakeholders of Infometric AB will continue to be operational in the company with minority shares. Over the next few years, Vitec Software Group AB will increase its ownership and will hold 100% during 2030. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Consolidation will commence as of the acquisition date. For the period ending December 31, 2025, Infometric AB reported total revenue of SEK 137.5 million. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of 80% stake in Infometric AB on February 2, 2026.
공시 • Jan 30Vitec Software Group AB (publ) (OM:VIT B) acquired 75% stake in Autonet B.V.Vitec Software Group AB (publ) (OM:VIT B) acquired 75% stake in Autonet B.V. on January 29, 2026. A cash consideration will be paid by Vitec Software Group AB (publ). Vitec acquires 75 percent of the shares, while the management team will continue to be operational in the company with minority shares. Over the next few years, Vitec will increase its ownership and will hold 100% in 2029. For the period ending December 31, 2025, Autonet B.V. reported total revenue of €4.5 million. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of 75% stake in Autonet B.V. on January 29, 2026.
공시 • Oct 24Vitec Software Group AB (publ), Annual General Meeting, Apr 28, 2026Vitec Software Group AB (publ), Annual General Meeting, Apr 28, 2026.
공시 • Apr 30Vitec Software Group AB Approves DividendVitec Software Group AB (publ) at its AGM held on April 29, 2025 resolved, in accordance with the Board of Directors’ proposal of allocation of result included in the annual report, to approve the proposed dividend of SEK 3.60 per share. The dividend will be paid quarterly through partial payments of SEK 0.90 per share, however not more than SEK 154,258,554 in total. The record dates for the right to receive the quarterly partial payments are June 25, 2025, September 24, 2025, December 22, 2025, and March 25, 2026.
공시 • Apr 02Vitec Software Group AB (publ) announces Quarterly dividend, payable on June 30, 2025Vitec Software Group AB (publ) announced Quarterly dividend of SEK 0.9000 per share payable on June 30, 2025, ex-date on June 24, 2025 and record date on June 25, 2025.
공시 • Feb 07Vitec Software Group AB (publ) (OM:VIT B) acquired Intergrip B.V.Vitec Software Group AB (publ) (OM:VIT B) acquired Intergrip B.V. on February 7, 2025. As part of the acquisition, Vitec Software Group AB has acquired all shares in Intergrip B.V. The Payment will be in cash. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Consolidation will commence as of the acquisition date. For the period ending December 31, 2024, Intergrip B.V. reported total revenue of €2.5 million. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Intergrip B.V. on February 7, 2025.
공시 • Feb 06Vitec Software Group AB (publ), Annual General Meeting, Apr 29, 2025Vitec Software Group AB (publ), Annual General Meeting, Apr 29, 2025, at 17:30 W. Europe Standard Time.
공시 • Feb 05Vitec Software Group AB (publ) Proposes DividendThe board of directors of Vitec Software Group AB (publ) proposed an increased dividend, for the 23rd consecutive year, to SEK 3.60 per share (SEK 3.00 per share), an increase of 20%.
공시 • Dec 03Vitec Software Group AB (publ) (OM:VIT B) acquired Figlo Holding B.V. from InvestCloud, Inc.Vitec Software Group AB (publ) (OM:VIT B) acquired Figlo Holding B.V. from InvestCloud, Inc. on December 2, 2024. Figlo reported revenue of €4.3 million for the 2023 financial year. The transaction adds Figlo’s team of 36 professionals to Vitec, expanding Vitec’s expertise in financial planning. Payment will be in cash, and the acquisition is expected to yield an immediate increase in earnings per share for Vitec. Consolidation will commence as of the acquisition date. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Figlo Holding B.V. from InvestCloud, Inc. on December 2, 2024.
공시 • Nov 20Vitec Software Group AB (publ) (OM:VIT B) acquired Roidu Ltd.Vitec Software Group AB (publ) (OM:VIT B) acquired Roidu Ltd. on November 20, 2024. The consideration will be in cash and with a convertible bond, with deviation from shareholders' preferential rights in accordance with the authorization from the Annual General Meeting held on April 23, 2024. The convertible bond matures in 36 months and at full conversion will have a dilutive effect on capital of less than 0.1%. Roidu's 17 new employees will join Vitec. For the period ending December 31, 2023, Roidu Ltd. reported total revenue of €2.3 million. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Consolidation will commence as of acquisition date. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Roidu Ltd. on November 20, 2024.
공시 • Nov 05Vitec Software Group AB (publ) (OM:VIT B) acquired OLYSLAGER B.V.Vitec Software Group AB (publ) (OM:VIT B) acquired OLYSLAGER B.V. on November 4, 2024. Consideration will be in cash and with a convertible, with deviation from shareholders' preferential rights in accordance with the authorization from the Annual General Meeting on April 23, 2024. The convertible matures in 36 months and at full conversion will have a dilutive effect on capital of 0.1%. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Consolidation will commence as of the acquisition date. For the period ending December 31, 2023, OLYSLAGER B.V. reported total revenue of €12 million. All the employees of OLYSLAGER will join Vitec following the acquisition. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of OLYSLAGER B.V. on November 4, 2024.
공시 • Oct 29Vitec Software Group AB (publ) Announces Nomination Committee for 2025 Annual General MeetingIn accordance with the decision of the Annual General Meeting, the Nomination Committee for Vitec Software Group AB (publ) has been appointed ahead of the Annual General Meeting 2025. The Nomination Committee consists of the following members: Patrik Jönsson, Chairman of the Nomination Committee, represents SEB Investment Management, Lars Stenlund, Chairman of the Board, Vitec Software Group, Jerker Vallbo, Thomas Eklund.
New Risk • Oct 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Reported Earnings • Oct 18Third quarter 2024 earnings released: EPS: kr2.85 (vs kr2.26 in 3Q 2023)Third quarter 2024 results: EPS: kr2.85 (up from kr2.26 in 3Q 2023). Revenue: kr813.7m (up 16% from 3Q 2023). Net income: kr108.4m (up 27% from 3Q 2023). Profit margin: 13% (up from 12% in 3Q 2023). 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 9.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공시 • Oct 17+ 3 more updatesVitec Software Group AB (publ) to Report Q3, 2025 Results on Oct 16, 2025Vitec Software Group AB (publ) announced that they will report Q3, 2025 results at 8:00 AM, Central European Standard Time on Oct 16, 2025
New Risk • Oct 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (54% net debt to equity). Shareholders have been diluted in the past year (6.7% increase in shares outstanding).
Declared Dividend • Sep 25Dividend of kr0.75 announcedShareholders will receive a dividend of kr0.75. Ex-date: 19th December 2024 Payment date: 30th December 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.5%. Payout Ratios Payout ratio: 30%. Cash payout ratio: 21%.
Upcoming Dividend • Sep 17Upcoming dividend of kr0.75 per shareEligible shareholders must have bought the stock before 24 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.1%).
Recent Insider Transactions • Sep 13Chief Operating Officer recently sold €227k worth of stockOn the 6th of September, Gert Gustafsson sold around 5k shares on-market at roughly €45.44 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gert has been a net seller over the last 12 months, reducing personal holdings by €486k.
공시 • Sep 12Vitec Software Group AB (publ) (OM:VIT B) acquired an unknown majority stake in Trinergy Sprl.Vitec Software Group AB (publ) (OM:VIT B) acquired an unknown majority stake in Trinergy Sprl on September 12, 2024. Payment will be in cash. Vitec acquires a majority stake, while the co-founders will continue to be operational in the company with minority shares. Over the next few years, Vitec will increase its ownership and will hold 100% by 2027. For the period ending December 31, 2023, Trinergy Sprl reported total revenue of €3.5 million. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of an unknown majority stake in Trinergy Sprl on September 12, 2024.
공시 • Aug 14Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of an unknown majority stake in Taxiteknik Nordic Ab.Vitec Software Group AB (publ) (OM:VIT B) agreed to acquire an unknown majority stake in Taxiteknik Nordic Ab on July 9, 2024. Vitec is set to acquire a majority stake, while the founders will continue to be operational in the company as minority shareholders. Over the next few years, Vitec will increase its ownership and is expected to hold 100% by 2027. Payment will be in cash. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Before closing, the acquisition needs approval from the Inspectorate of Strategic Products under the Screening of Foreign Direct Investments Act. Taxiteknik has an annual revenue of just over SEK 20 million. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of an unknown majority stake in Taxiteknik Nordic Ab on August 14, 2024. Inspectorate of Strategic Products under the Screening of Foreign Direct Investments Act has approved the deal. Over the next few years, Vitec will increase its ownership and will hold 100% by 2027.
Buy Or Sell Opportunity • Jul 17Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.8% to €48.94. The fair value is estimated to be €40.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.
Reported Earnings • Jul 14Second quarter 2024 earnings released: EPS: kr3.18 (vs kr2.59 in 2Q 2023)Second quarter 2024 results: EPS: kr3.18 (up from kr2.59 in 2Q 2023). Revenue: kr882.2m (up 22% from 2Q 2023). Net income: kr119.5m (up 23% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany.
Declared Dividend • Jun 25Dividend of kr0.75 announcedShareholders will receive a dividend of kr0.75. Ex-date: 24th September 2024 Payment date: 30th September 2024 Dividend yield will be 1.9%, which is higher than the industry average of 1.5%. Payout Ratios Payout ratio: 32%. Cash payout ratio: 21%.
Upcoming Dividend • Jun 18Upcoming dividend of kr0.75 per shareEligible shareholders must have bought the stock before 24 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.2%).
공시 • Jun 05+ 2 more updatesVitec Software Group AB (Publ) Appoints Peter Lidström as Chief Financial Officer ,Effective September 1, 2024Vitec Software Group AB (publ) announced that Peter Lidström becomes the new Chief Financial Officer (CFO). Peter has extensive experience as both CEO and CFO in the software and IT sector. Peter Lidström will be part of the Group Management and will take up his position on 1 September.
Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Malin Ruijsenaars was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Apr 24Vitec Software Group AB (Publ) Approves DividendVitec Software Group AB (publ) announced at the AGM held on April 23, 2024, approved dividend of SEK 3.00 per share. The dividend will be paid quarterly through partial payments of SEK 0.75 per share, however not more than SEK 121,573,093 in total. The record dates for the right to receive the quarterly partial payments are 25 June 2024, 25 September 2024, 20 December 2024, and 26 March 2025.
Reported Earnings • Apr 18First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: kr716.0m (up 17% from 1Q 2023). Net income: kr85.5m (up 11% from 1Q 2023). Profit margin: 12% (in line with 1Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Software industry in Germany.
Declared Dividend • Apr 03Fourth quarter dividend of kr0.75 announcedShareholders will receive a dividend of kr0.75. Ex-date: 24th June 2024 Payment date: 28th June 2024 Dividend yield will be 1.9%, which is higher than the industry average of 1.5%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 33%.
Upcoming Dividend • Mar 15Upcoming dividend of kr0.57 per shareEligible shareholders must have bought the stock before 22 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.2%).
Reported Earnings • Feb 03Full year 2023 earnings released: EPS: kr9.08 (vs kr6.92 in FY 2022)Full year 2023 results: EPS: kr9.08 (up from kr6.92 in FY 2022). Revenue: kr2.78b (up 40% from FY 2022). Net income: kr339.2m (up 39% from FY 2022). Profit margin: 12% (in line with FY 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Software industry in Germany.
공시 • Feb 02+ 3 more updatesVitec Software Group AB (publ) to Report Q1, 2024 Results on Apr 18, 2024Vitec Software Group AB (publ) announced that they will report Q1, 2024 results at 8:00 AM, Central European Standard Time on Apr 18, 2024
Upcoming Dividend • Dec 14Upcoming dividend of kr0.57 per share at 0.4% yieldEligible shareholders must have bought the stock before 21 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (1.6%).
Recent Insider Transactions • Dec 13Independent Director recently sold €330k worth of stockOn the 6th of December, Kaj Sandart sold around 7k shares on-market at roughly €47.10 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €384k more than they bought in the last 12 months.
공시 • Nov 29Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Codea Oy.Vitec Software Group AB (publ) (OM:VIT B) agreed to acquire Codea on September 26, 2023. Payment will be in cash and with a convertible, with deviation from shareholders' preferential rights in accordance with the authorization from the Annual General Meeting on April 25, 2023. The convertible matures in 36 months and at full conversion will have a dilutive effect on capital of less than 0.1%. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Before closing, the acquisition needs approval from the Finnish Ministry of Economic Affairs and Employment under the Act on the Monitoring of Foreign Corporate Acquisitions in Finland. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Codea Oy on November 28, 2023.
공시 • Nov 02Vitec Software Group AB (publ), Annual General Meeting, Apr 23, 2024Vitec Software Group AB (publ), Annual General Meeting, Apr 23, 2024.
New Risk • Oct 22New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Shareholders have been diluted in the past year (6.3% increase in shares outstanding).
Reported Earnings • Oct 22Third quarter 2023 earnings released: EPS: kr2.26 (vs kr1.76 in 3Q 2022)Third quarter 2023 results: EPS: kr2.26 (up from kr1.76 in 3Q 2022). Revenue: kr701.0m (up 39% from 3Q 2022). Net income: kr85.2m (up 38% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany.
공시 • Oct 14Vitec Software Group AB (publ) (OM:VIT B) acquired Picturae Ict B.V.Vitec Software Group AB (publ) (OM:VIT B) acquired Picturae Ict B.V. on October 12, 2023. Vitec Software Group acquired the target company under name change to Vitec Memorix B.V and the transaction payment will be in cash. Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Picturae Ict B.V. on October 12, 2023.
공시 • Sep 27Vitec Software Group AB (publ) (OM:VIT B) agreed to acquire Codea.Vitec Software Group AB (publ) (OM:VIT B) agreed to acquire Codea on September 26, 2023. Payment will be in cash and with a convertible, with deviation from shareholders' preferential rights in accordance with the authorization from the Annual General Meeting on April 25, 2023. The convertible matures in 36 months and at full conversion will have a dilutive effect on capital of less than 0.1%. The acquisition is expected to yield an immediate increase in earnings per share for Vitec. Before closing, the acquisition needs approval from the Finnish Ministry of Economic Affairs and Employment under the Act on the Monitoring of Foreign Corporate Acquisitions in Finland.
Upcoming Dividend • Sep 18Upcoming dividend of kr0.57 per share at 0.4% yieldEligible shareholders must have bought the stock before 25 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.6%).
공시 • Sep 15Vitec Software Group AB (publ) completed the acquisition of Neagen Oy.Vitec Software Group AB (publ) entered into an agreement to acquire Neagen Oy on June 13, 2023. Payment will be in cash and with a convertible, with deviation from shareholders' preferential rights in accordance with the authorization from the Annual General Meeting on April 25, 2023. The acquisition is subject to the Finnish Ministry of Economic Affairs and Employment under the Act on the Monitoring of Foreign Corporate Acquisitions in Finland. As of year ended 2022, Neagen Oy reported revenue of €5 million. Rabbe Sittnikow from Hannes Snellman Attorneys Ltd. acted as legal advisors to Vitec Software Group AB (publ) (OM:VIT B). IMAP Finland (Carner Corporate Finance) acted as financial advisor to Vitec throughout the process. Vitec Software Group AB (publ) completed the acquisition of Neagen Oy on September 14, 2023.
Reported Earnings • Jul 14Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr723.7m (up 43% from 2Q 2022). Net income: kr96.9m (up 82% from 2Q 2022). Profit margin: 13% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Software industry in Germany.
공시 • Jun 14Vitec Software Group AB (publ) entered into an agreement to acquire Neagen Oy.Vitec Software Group AB (publ) entered into an agreement to acquire Neagen Oy on June 13, 2023. Payment will be in cash and with a convertible, with deviation from shareholders' preferential rights in accordance with the authorization from the Annual General Meeting on April 25, 2023. The acquisition is subject to the Finnish Ministry of Economic Affairs and Employment under the Act on the Monitoring of Foreign Corporate Acquisitions in Finland. As of year ended 2022, Neagen Oy reported revenue of €5 million.
공시 • Jun 13Vitec Software Group AB (publ) (OM:VIT B) acquired Entry Event Sweden Ab.Vitec Software Group AB (publ) (OM:VIT B) acquired Entry Event Sweden Ab on June 12, 2023. Payment is made in cash and with a convertible debenture with deviation from shareholders' preferential rights in accordance with authorization from the Annual General Meeting April 25, 2023. The term of the convertible bond is 36 months, which upon full conversion results in a dilution of the capital below 0.1%. Stratema has acted as financial adviser to Vitec Software Group.Vitec Software Group AB (publ) (OM:VIT B) completed the acquisition of Entry Event Sweden Ab on June 12, 2023.
공시 • May 16Vitec Software Group AB (publ) (OM:VIT B) acquired DL Systems.Vitec Software Group AB (publ) (OM:VIT B) acquired DL Systems on May 15, 2023.Vitec Software Group AB (publ) (OM:VIT B) completed he acquisition of DL Systems on May 15, 2023.
Reported Earnings • Apr 21First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr612.6m (up 20% from 1Q 2022). Net income: kr77.1m (up 25% from 1Q 2022). Profit margin: 13% (in line with 1Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Software industry in Germany.