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Gofore Oyj

Gofore Oyj

GOFORE.HE
Gofore OyjFI flagNASDAQ Helsinki
9.84
EUR
+0.06
- -
159.77MMarket Cap
Gofore Oyj
GOFORE.HE
(NASDAQ Helsinki)

Recent

price

9.84

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
0.96
1.76
2.86
3.85
4.66
5.57
7.09
9.74
12.15
11.91
12.12
11.59
Revenue per Share
- -
0.09
0.15
0.28
0.36
0.37
0.49
0.62
0.78
1.15
1.04
0.59
0.58
Basic EPS, GAAP
- -
0.1
0.17
0.05
0.6
0.87
0.58
0.95
1.37
1.11
2.28
1.36
1.67
Free Cash Flow per Basic Share
- -
0.03
0.04
0.09
0.15
0.18
0.2
0.23
0.28
0.34
0.47
0.48
0.49
Dividend per Share
- -
0.19
0.32
0.54
0.69
0.88
1.11
1.42
1.87
2.52
3.13
3.16
2.73
Book Value per Share
- -
0.19
0.31
1.04
1.01
0.91
0.16
1.57
0.62
1.46
2.5
-0.37
2.25
Tangible Book Value per Share
- -
13
13
12
13
14
14
15
15
16
16
16
15
Basic Weighted Avg Shares
- -
12
23
34
51
64
78
105
150
189
186
191
180
Sales/Revenue/Turnover
- -
12.5
11.33
15.78
12.05
10.98
11.51
11.86
12.16
11.87
10.76
6.89
6.41
Operating Margin (%)
- -
- -
- -
- -
1
3
4
5
6
7
8
9
8
Depreciation Expense
- -
1
2
3
5
5
7
9
12
18
16
9
9
Net Income, GAAP
- -
20.27
24.53
20.73
22.22
21.91
19.87
19.95
23
20.28
21.22
15.1
21.07
Effective Tax Rate (%)
- -
9.87
8.39
9.78
9.36
7.95
8.85
8.68
7.97
9.47
8.75
4.83
5.02
Profit Margin (%)
2
2
3
15
14
15
9
30
27
31
41
18
35
Working Capital
- -
- -
- -
4
6
8
12
10
15
20
16
39
17
LT Debt
2
3
4
18
22
32
36
61
80
93
106
111
100
Total Equity
- -
53.38
56.85
31.31
17.84
14.72
14.28
14.38
14.54
14.81
11.68
7.03
7.36
Return on Invested Capital (%)
- -
53.82
56.38
43.92
33.53
25.55
25.31
26.99
28.11
30.76
23.67
10.85
13.62
Return on Capital (%)
- -
58.2
58.09
63.56
61.17
48.06
49.88
49.77
48.06
52.66
36.95
18.7
21.8
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
6
7
6
LT Borrowings
5
5
4
LT Finance Leases
11
14
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
348
319
277

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
88
90
83
Cash, Cash Equivalents & STI
58
55
50
Accounts Receivable, Net
24
26
25
Inventories
1
1
1
Total Current Liabilities
46
46
48
Payables & Accruals
- -
- -
- -
ST Debt
6
7
6
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
61.21%
27.14%
5.37%
Free Cash Flow
134.21%
33.98%
-39.8%
Net Income, GAAP
27.6%
12.19%
-43.27%
Sales/Revenue/Turnover
33.48%
20.99%
2.8%
Total Cash Common Dividend
36.23%
22.53%
2.79%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
49
48
39
50
186
2025
46
44
60
- -
191
2026
60
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.27
0.25
0.21
0.31
1.04
2025
0.11
-0.06
0.42
- -
0.59
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.46
- -
- -
0.47
2025
- -
0.52
- -
- -
0.48
2026
- -
- -
- -
- -
- -
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Business
Gofore Oyj is a Finland-based digital transformation consultancy company founded in 2001 and headquartered in Tampere. It provides comprehensive technology consulting services primarily to private and public sector clients in Finland, Germany, and the United Kingdom. Its core offerings include management consultation on digital change; service design and validation; software development and testing; user interface design; IT architecture consulting; cloud services utilization consulting; cloud infrastructure design and construction; and project management. Gofore also specializes in advanced software applications, model-based software development for industrial and embedded systems, and quality assurance leveraging AI tools. The company serves clients across various industries focusing on accelerating digitalization and sustainable solutions. In the last two years, Gofore announced a new long-term strategy and updated financial targets in December 2024, aiming for net sales of 500 million euros by 2030 while maintaining industry-leading profitability. Despite a slight contraction in net sales to 186.2 million euros in 2024 amid a cautious investment environment, Gofore strengthened its customer base, particularly in the Finnish public sector, and expanded its portfolio of large accounts. The company avoided layoffs common in the sector by increasing personnel capacity and improving employee experience. It also enhanced its service offering with proprietary tools like Celkee Insight for change management, Creanex Simulators for product development efficiency, and AI-powered Gofore Testing Genius. Gofore continues to leverage strategic partnerships and a customer-centric organization to drive growth in digital transformation services globally. The company is listed on Nasdaq Helsinki under the ticker GOFORE.HE and employs around 1,470 people.