Genesis IT AB (publ) provides IT services in the areas of business and operating systems, cloud services, and IT operations solutions in Sweden. It offers iFenix, a subscription-based business system that provides integrated Web with e-commerce, mobility, and multi-company support solutions. The company was founded in 1998 and is headquartered in Luleå, Sweden. Genesis IT AB (publ) is a subsidiary of Stenvalls Trä AB.
The number of IPOs and the capital raised this year are on track to outpace the last three years combined. And the thing is, successful IPOs attract more IPOs. Some will be genuine gems, while others, not so much. That’s why this week, we’re digging into the IPO market, and more importantly, how you can improve your odds of spotting a winner.
Over the last 7 days, the market has dropped 3.3%, driven by a pullback of 3.3% in the Industrials sector. In the last 12 months the market is down 3.4%. As for the next few years, earnings are expected to grow by 17% per annum. Market details ›