Wirtek A/S

Wirtek A/S

CCPH:WIRTEK
3.16
DKK
-0.14
(-4.24%)
0.07EPS
56.22P/E
32.48MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.49
1.34
1.9
2.68
1.92
3.08
3.4
4.03
6.25
8.88
9.31
9.28
8.3
8.26
Basic EPS, GAAP
0.1
0.1
0.1
0.1
0.1
0.15
0.22
0.71
0.66
0.68
0.53
0.28
-0.34
0.07
Free Cash Flow per Basic Share
0.05
0.08
0.05
0.13
0.03
0.11
0.15
0.38
-0.55
0.21
-0.09
0.2
-0.19
-0.17
Dividend per Share
- -
0.08
0.1
- -
0.08
0.09
0.11
0.16
0.19
0.36
0.41
0.38
0.23
- -
Book Value per Share
0.25
0.26
0.26
0.33
0.35
0.43
0.54
1.08
1.3
2.1
2.4
2.48
1.81
1.84
Tangible Book Value per Share
0.25
0.25
0.22
0.29
0.34
0.37
0.51
1.06
0.02
0.95
1.11
0.73
0.07
0.07
Basic Weighted Avg Shares
6
7
6
5
8
7
7
7
7
7
8
8
8
8
Sales/Revenue/Turnover
9
10
12
13
15
21
23
28
45
66
70
72
65
65
Operating Margin (%)
4.65
6.41
5.31
3.9
5.75
6.55
5.97
11.23
11.95
9.2
6.61
4.25
-1.64
2.95
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
1
1
2
2
3
2
Net Income, GAAP
1
1
1
- -
1
1
2
5
5
5
4
2
-3
1
Effective Tax Rate (%)
- -
- -
3.56
6.6
7.47
25.72
- -
- -
8.62
11.14
10.93
19.99
- -
60.93
Profit Margin (%)
6.73
7.49
5.26
3.73
5.2
4.87
6.47
17.61
10.56
7.66
5.69
3.02
-4.1
0.88
Working Capital
1
1
1
2
2
2
3
7
-1
6
7
6
-1
4
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5
Total Equity
2
2
2
2
2
3
4
7
9
16
19
20
14
15
Return on Invested Capital (%)
30.41
- -
24.69
13.92
19.35
20.09
- -
- -
46.58
33.27
21.03
10.13
- -
2.95
Return on Capital (%)
44.02
- -
26.07
14.69
19.74
20.7
- -
- -
51.09
35.98
21.19
11.02
- -
4.22
Return on Common Equity (%)
44.02
43.67
34.47
23.49
32.12
37.22
45.24
87.71
56.87
40.54
23.45
11.36
-15.63
3.94

Capital Structure

DKK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10
6
9
LT Borrowings
- -
5
5
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
38
39
32

Working Capital

DKK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
17
18
21
Cash, Cash Equivalents & STI
2
2
3
Accounts Receivable, Net
10
11
10
Inventories
- -
- -
1
Total Current Liabilities
18
14
17
Payables & Accruals
- -
- -
- -
ST Debt
10
6
9
Deferred Revenue
- -
- -
- -

Growth Rates

DKK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.09%
18.02%
-26.95%
Free Cash Flow
-60.86%
-212.8%
-198.17%
Net Income, GAAP
5.58%
-57.09%
-222.45%
Sales/Revenue/Turnover
20.38%
21.6%
-9.76%
Total Cash Common Dividend
- -
18.15%
-39.16%

Quarterly Revenue

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18
17
19
18
72
2025
16
15
17
17
65
2026
16
15
- -
- -
- -

Quarterly Earnings Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
-0.01
0.05
0.1
0.28
2025
-0.25
-0.13
-0.04
0.08
-0.34
2026
-0.06
0.08
- -
- -
- -

Quarterly Dividends Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.32
- -
0.06
0.38
2025
- -
0.23
- -
- -
0.23
2026
- -
- -
- -
- -
- -

Company Description

CEO
Michael Aaen
Full Time Employees
93
Sector
Technology services
Industry
Information technology services
Address
Niels Jernes Vej 10 Aalborg ND Denmark 9220
IPO Date
Jun 29, 2006
Website
wirtek.com
Business
Wirtek A/S is a Danish IT services and solutions company that provides software development, embedded engineering, research and development, quality assurance, and testing services to clients worldwide; it specializes in energy solutions including grid optimization, energy trading and risk management, forecasting, energy automation, smart metering, ETRM, EV infrastructure, battery testing platforms, and cybersecurity; intelligent connected systems encompassing IoT hardware, wireless communication, industrial automation, embedded software development for 5G, audio and sensor systems, NB-IoT, WiFi, Bluetooth, Zigbee, and secure industrial communication; and custom digital solutions such as AI, DevOps, business automation, and digital transformation for sectors like finance and healthcare. The company also offers proprietary product solutions including the Tenant Consumption Management platform for EU-compliant smart meter reading, real-time utility tracking, billing, and energy optimization in multi-tenant buildings; the Wirtek IoT Suite connecting over 500,000 devices globally; and SaaS products for energy and IoT. Founded in 2001 as a spin-off from Nokia Networks and headquartered in Aalborg, Denmark, Wirtek operates offices in Romania and Portugal, serving clients primarily in Europe and the USA across energy, wireless communication and automation, IoT, and digitalization sectors; it has been listed on Nasdaq First North Copenhagen since 2006. In 2024, Wirtek completed the acquisitions of Seluxit in July and Pragmasoft Portugal effective August, bolstering its clean energy and IoT capabilities with added expertise in software solutions, IoT hardware, and new products; these moves support its Accelerate25XL growth strategy and enabled a major multi-year IoT order in October 2024 exceeding DKK 3 million in initial 2025 revenue from hardware, software development, cloud/app operations, and recurring subscriptions for a Danish industrial client. In November 2025, the company launched a new growth strategy emphasizing organic expansion in 2026, outcome-based services with AI-assisted delivery, scaling of subscription-based IoT solutions on EU-compliant platforms addressing NIS2, AI Act, and Data Act regulations, alongside Q3 2025 financials showing revenue of DKK 16.6 million and doubled EBITDA to DKK 0.7 million.