Price Target Changed • May 11
Price target increased by 11% to €2.00 Up from €1.80, the current price target is provided by 1 analyst. New target price is 14% above last closing price of €1.75. Stock is up 28% over the past year. The company is forecast to post earnings per share of €0.03 next year compared to a net loss per share of €0.045 last year. New Risk • Apr 27
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 8.0% 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: Major Risk Earnings have declined by 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (€25.5m market cap, or US$29.9m). Upcoming Dividend • Apr 23
Upcoming dividend of €0.02 per share Eligible shareholders must have bought the stock before 30 April 2026. Payment date: 11 May 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Finnish dividend payers (5.2%). Lower than average of industry peers (4.4%). Reported Earnings • Feb 20
Full year 2025 earnings released Full year 2025 results: Revenue: €52.8m (down 1.3% from FY 2024). Net loss: €689.0k (loss widened 73% from FY 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the IT industry in Finland. Announcement • Feb 19
Witted Megacorp Oyj announces Annual dividend, payable on May 09, 2026 Witted Megacorp Oyj announced Annual dividend of EUR 0.0200 per share payable on May 09, 2026, ex-date on April 30, 2026 and record date on May 02, 2026. New Risk • Jan 21
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€21.6m market cap, or US$25.3m). Announcement • Nov 24
Witted Megacorp Oyj, Annual General Meeting, Apr 29, 2026 Witted Megacorp Oyj, Annual General Meeting, Apr 29, 2026. New Risk • Sep 26
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 5.5% 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 (5.5% average weekly change). Market cap is less than US$100m (€22.6m market cap, or US$26.4m). Reported Earnings • Aug 19
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: €13.3m (down 2.9% from 2Q 2024). Net loss: €343.0k (down 386% from profit in 2Q 2024). Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 6.4% decline forecast for the IT industry in Finland. New Risk • Jul 15
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 6.1% 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: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (€24.7m market cap, or US$28.6m). Board Change • May 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Charlotta Topelius was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Apr 29
New major risk - Revenue and earnings growth Earnings have declined by 25% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€21.7m market cap, or US$24.7m). Announcement • Apr 27
Witted Megacorp Oyj announces Annual dividend, payable on May 09, 2025 Witted Megacorp Oyj announced Annual dividend of EUR 0.0200 per share payable on May 09, 2025, ex-date on April 30, 2025 and record date on May 02, 2025. Reported Earnings • Apr 27
First quarter 2025 earnings released First quarter 2025 results: €0.006 loss per share. Revenue: €13.7m (down 7.8% from 1Q 2024). Net loss: €96.0k (loss narrowed 65% from 1Q 2024). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the IT industry in Finland. Reported Earnings • Feb 14
Full year 2024 earnings released: €0.026 loss per share (vs €0.10 loss in FY 2023) Full year 2024 results: €0.026 loss per share (improved from €0.10 loss in FY 2023). Revenue: €53.5m (down 17% from FY 2023). Net loss: €397.0k (loss narrowed 75% from FY 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the IT industry in Finland. Announcement • Nov 25
Witted Megacorp Oyj, Annual General Meeting, Apr 29, 2025 Witted Megacorp Oyj, Annual General Meeting, Apr 29, 2025. Reported Earnings • Oct 25
Third quarter 2024 earnings released Third quarter 2024 results: €0.004 loss per share. Revenue: €11.4m (down 16% from 3Q 2023). Net loss: €63.0k (loss narrowed 92% from 3Q 2023). Revenue is expected to decline by 1.5% p.a. on average during the next 2 years, while revenues in the IT industry in Finland are expected to grow by 2.8%. New Risk • Sep 02
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 7.5% 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 Risks Share price has been highly volatile over the past 3 months (7.5% average weekly change). Revenue has declined by 6.3% over the past year. Minor Risk Market cap is less than US$100m (€26.8m market cap, or US$29.6m). Reported Earnings • Aug 21
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €13.8m (down 16% from 2Q 2023). Net income: €120.0k (up €750.0k from 2Q 2023). Profit margin: 0.9% (up from net loss in 2Q 2023). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the IT industry in Finland. Reported Earnings • Feb 11
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: €0.10 loss per share (further deteriorated from €0.038 loss in FY 2022). Revenue: €64.1m (up 21% from FY 2022). Net loss: €1.59m (loss widened 187% from FY 2022). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the IT industry in Finland. Major Estimate Revision • Sep 27
Consensus EPS estimates fall by 125% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €66.5m to €65.6m. Losses expected to increase from €0.04 per share to €0.09. IT industry in Finland expected to see average net income growth of 19% next year. Consensus price target down from €3.60 to €3.10. Share price fell 14% to €2.46 over the past week. Announcement • Aug 24
Witted Megacorp Oyj (HLSE:WITTED) agreed to acquire Business operations of Loihde Advisory AB from Loihde Oyj (HLSE:LOIHDE). Witted Megacorp Oyj (HLSE:WITTED) agreed to acquire Business operations of Loihde Advisory AB from Loihde Oyj (HLSE:LOIHDE) on August 22, 2023. The business operations of Loihde Advisory AB, consist of expert services in digital development for companies and organisations. Ten employees of Loihde Advisory AB will transfer to Witted Megacorp and continue in existing customer projects. The transaction is expected to complete on September 1, 2023. Major Estimate Revision • Aug 13
Consensus EPS estimates fall by 300% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €72.0m to €66.5m. Losses expected to increase from €0.01 per share to €0.04. IT industry in Finland expected to see average net income growth of 16% next year. Consensus price target down from €4.40 to €3.60. Share price fell 3.5% to €2.73 over the past week.