company background image
PROVIT logo

Provide IT Sweden NGM:PROVIT Stock Report

Last Price

kr2.22

Market Cap

kr14.8m

7D

0%

1Y

-58.1%

Updated

24 Mar, 2024

Data

Company Financials

Provide IT Sweden AB (publ)

NGM:PROVIT Stock Report

Market Cap: kr14.8m

PROVIT Stock Overview

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

PROVIT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Provide IT Sweden AB (publ) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Provide IT Sweden
Historical stock prices
Current Share Pricekr2.22
52 Week Highkr5.40
52 Week Lowkr1.82
Beta0.95
1 Month Change0%
3 Month Change5.71%
1 Year Change-58.11%
3 Year Change-63.31%
5 Year Change-60.78%
Change since IPO-74.77%

Recent News & Updates

Recent updates

Provide IT Sweden (NGM:PROVIT) Ticks All The Boxes When It Comes To Earnings Growth

Apr 15
Provide IT Sweden (NGM:PROVIT) Ticks All The Boxes When It Comes To Earnings Growth

A Look At The Intrinsic Value Of Provide IT Sweden AB (publ) (NGM:PROVIT)

Jun 17
A Look At The Intrinsic Value Of Provide IT Sweden AB (publ) (NGM:PROVIT)

Should You Be Adding Provide IT Sweden (NGM:PROVIT) To Your Watchlist Today?

Oct 27
Should You Be Adding Provide IT Sweden (NGM:PROVIT) To Your Watchlist Today?

Provide IT Sweden AB (publ)'s (NGM:PROVIT) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

Feb 26
Provide IT Sweden AB (publ)'s (NGM:PROVIT) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

Why Provide IT Sweden's (NGM:PROVIT) CEO Pay Matters

Jan 22
Why Provide IT Sweden's (NGM:PROVIT) CEO Pay Matters

Provide IT Sweden AB (publ)'s (NGM:PROVIT) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?

Nov 27
Provide IT Sweden AB (publ)'s (NGM:PROVIT) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?

Shareholder Returns

PROVITSE ITSE Market
7D0%3.0%2.0%
1Y-58.1%-8.9%18.0%

Return vs Industry: PROVIT underperformed the Swedish IT industry which returned -8.1% over the past year.

Return vs Market: PROVIT underperformed the Swedish Market which returned 19.2% over the past year.

Price Volatility

Is PROVIT's price volatile compared to industry and market?
PROVIT volatility
PROVIT Average Weekly Movementn/a
IT Industry Average Movement5.5%
Market Average Movement6.1%
10% most volatile stocks in SE Market12.8%
10% least volatile stocks in SE Market3.5%

Stable Share Price: PROVIT has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine PROVIT's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a28Bawan Farajhttps://www.provideit.se

Provide IT Sweden AB (publ), a digital production agency, develops Web and mobile applications in collaboration with advertising agencies. The company develops mobile applications for iPhone, Android, and Windows Mobile platforms. It also teaches courses in systems development, Web technology, project management, IT strategy, and e-commerce.

Provide IT Sweden AB (publ) Fundamentals Summary

How do Provide IT Sweden's earnings and revenue compare to its market cap?
PROVIT fundamental statistics
Market capkr14.80m
Earnings (TTM)kr887.24k
Revenue (TTM)kr28.82m

16.7x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PROVIT income statement (TTM)
Revenuekr28.82m
Cost of Revenuekr21.77m
Gross Profitkr7.06m
Other Expenseskr6.17m
Earningskr887.24k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin24.48%
Net Profit Margin3.08%
Debt/Equity Ratio0%

How did PROVIT perform over the long term?

See historical performance and comparison

Dividends

33.3%

Current Dividend Yield

616%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.