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    Software - Application
Epsilon Net S.A.

Epsilon Net S.A.

EPSIL.AT
Epsilon Net S.A.GR flagAthens Stock Exchange
12.00
EUR
-0.02
- -
650.40MMarket Cap
Epsilon Net S.A.
EPSIL.AT
(Athens Stock Exchange)

Recent

price

12.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
FRC
0.16
0.17
0.22
0.25
0.28
0.33
0.36
0.41
0.44
0.73
1.39
1.72
Revenue per Share
- -
- -
0.01
0.01
- -
0.02
0.02
0.03
0.06
0.13
0.2
0.34
Basic EPS, GAAP
0.04
0.05
0.01
0.01
-0.03
-0.02
0.01
0.04
0.11
0.14
0.21
0.41
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
0.01
0.01
0.04
0.08
Dividend per Share
0.16
0.16
0.16
0.17
0.17
0.18
0.24
0.26
0.33
0.35
0.66
0.84
Book Value per Share
0.09
0.12
0.14
0.14
0.13
0.13
0.15
0.2
0.27
0.26
0.59
0.34
Tangible Book Value per Share
45
45
45
45
45
45
45
44
49
69
54
54
Basic Weighted Avg Shares
7
8
10
11
12
15
16
18
22
51
75
93
Sales/Revenue/Turnover
4.72
5.19
6.33
6.55
1.39
8.22
7.91
11.34
18.26
28.22
22.68
28.08
Operating Margin (%)
3
1
2
1
1
1
1
2
2
3
3
4
Depreciation Expense
- -
- -
- -
- -
- -
1
1
1
3
9
11
18
Net Income, GAAP
- -
55.91
- -
12.8
- -
12.34
0.92
- -
1.36
11.76
19.82
26.29
Effective Tax Rate (%)
1.86
1.32
3.4
3.29
1.03
4.68
5.08
6.46
13.94
18.56
14.64
19.79
Profit Margin (%)
5
6
6
6
6
8
11
11
21
18
24
20
Working Capital
1
- -
- -
- -
1
2
5
6
13
10
11
14
LT Debt
11
11
11
11
11
12
12
14
24
41
58
61
Total Equity
- -
1.36
- -
4.89
- -
7.72
7.63
- -
11.64
22.94
17.58
21.07
Return on Invested Capital (%)
- -
1.47
- -
4.59
- -
7.48
5.52
- -
11.15
19.46
16.35
25.86
Return on Capital (%)
- -
1.42
4.6
4.84
1.69
8.85
8.79
10.53
21.82
46.51
36.75
45.38
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.34%
41.42%
4.25%
Free Cash Flow
10.62%
130.87%
94.77%
Net Income, GAAP
112.8%
99.25%
67.79%
Sales/Revenue/Turnover
31.68%
47.42%
24.13%
Total Cash Common Dividend
- -
- -
113.72%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
51
2022
- -
- -
- -
- -
75
2023
- -
- -
- -
- -
93

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
0.13
2022
- -
- -
- -
- -
0.2
2023
- -
- -
- -
- -
0.34

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
0.01
2022
- -
- -
- -
- -
0.04
2023
- -
- -
- -
- -
0.08
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Business
Epsilon Net S.A. is an information technology company headquartered in Thessaloniki, Greece, specializing in the development and provision of business software solutions, digital content, and training services primarily for SMEs, tax professionals, accountants, economists, lawyers, and consulting firms. Founded in 1996, the company offers a comprehensive range of applications that include tax systems (Tax System 5), accounting (Extra Accounting, Hyper.Axion Accounting), payroll and human resource management (Extra Payroll, Hyper.Axion Payroll, Business Payroll & HRM, PYLON HRM), and sector-specific software such as PYLON Commercial, PYLON Retail, PYLON Restaurant, and PYLON Hospitality. Additionally, Epsilon Net provides digital content platforms, integrated scientific information services, and specialized training programs for finance, tax, and labor law professionals. Epsilon Net's operations extend beyond Greece, serving markets across Southern and Northern Greece and expanding internationally through subsidiaries like Epsilon Europe Plc in the UK. The company also pursues strategic growth in fintech, exemplified by its acquisition of an 88% stake in Professional Computer Services S.A. (PCS), a firm delivering specialized IT solutions for financial institutions, insurance organizations, and asset management across several European and African countries. This acquisition marks Epsilon Net's entry into the fintech sector, with PCS focusing on wealth management, fund management, pension administration, brokerage, custody, and corporate actions. Recent major company changes include Epsilon Net being taken private as of August 2024 following a tender offer by General Atlantic Ginger B.V., which acquired over 95% of shares, and the completion of a strategic relocation with the inauguration of a new Digital Technology & Innovation Center in 2025. The company is further extending its market reach through acquisitions and partnerships, such as acquiring a 51% stake in DIGITAL4U SA, supporting its expansion into digital service sectors and advanced IT projects within the private sector. Epsilon Net maintains a network of over 20,000 clients and more than 300 certified resellers across Greece, employing over 1,500 personnel to deliver its diverse range of products and services. Epsilon Net serves multiple industry segments including finance, taxation, accounting, retail, hospitality, and public sector administration, utilizing its software suites and cloud-based solutions like Epsilon Cloud and EPSILON ALL in ONE to optimize digital transformation for business processes. The company focuses heavily on scientific rigor and technological innovation to maintain market leadership in business software development and related training services. Its product portfolio consistently evolves to meet regulatory compliance and digitization demands across Greece and selected international markets.