Vitec Software Group AB
VIT B
ISIN SE0007871363 / Valor 30840841
Vitec Software Group AB
UMushroom community rating:
About company
Vitec Software Group AB is a prominent software company specializing in vertical software solutions, with its roots and main office located in Umeå. The company focuses on developing and providing standardized software for a range of niche industries, including pharmacies, banks, car workshops, real estate, healthcare, and education. Vitec is recognized as a leading provider of vertical software, catering to specific needs within various sectors to enhance operational efficiency and productivity.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (12.10.2025):
Vitec Software Group AB reported its financial results for the second quarter of 2025, demonstrating growth in net sales and recurring revenues. However, the company experienced declines in EBITA, operating profit, and earnings per share compared to the same period last year.
Net Sales Growth
Net sales increased by 4% to SEK 916 million in Q2 2025, up from SEK 882 million in the second quarter of 2024.
Recurring Revenues
Recurring revenues rose by 5% to SEK 813 million, reflecting the company's ongoing focus on sustainable revenue streams.
EBITA Decline
EBITA decreased by 11% to SEK 236 million, compared to SEK 264 million in Q2 2024, indicating increased costs or reduced profitability.
Operating Profit Impact
Operating profit fell by 10% to SEK 176 million from SEK 196 million in the same quarter last year, resulting in an operating margin of 19% down from 22%.
Earnings Per Share
Earnings per share before dilution declined by 17% to SEK 2.64, down from SEK 3.17 in Q2 2024.
Cash Flow from Operations
Cash flow from operating activities slightly decreased to SEK 85 million, compared to SEK 89 million in the previous year.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1177 M
Market cap (USD)
28,141
Daily traded volume (Shares)
549 / 532
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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