Harvia Oyj

Harvia Oyj

HRVFF
Harvia OyjUS flagOther OTC
44.28
USD
- -
- -
827.60MMarket Cap
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
- -
4.83
5.21
6.25
3.71
3.96
5.84
9.6
9.23
8.06
9.37
10.64
10.11
Basic EPS, GAAP
- -
0.4
0.34
0.3
0.41
0.51
0.83
1.8
1.45
1.25
1.3
1.41
1.27
Free Cash Flow per Basic Share
- -
1.01
0.93
0.71
0.43
0.71
1.36
0.54
1.11
1.93
1.37
1.08
1.29
Dividend per Share
- -
- -
- -
- -
0.2
0.37
0.38
0.51
0.61
0.64
0.68
0.75
0.72
Book Value per Share
- -
0.35
0.69
1
0.76
0.83
1.27
2.57
3.42
4.02
4.65
5.31
4.58
Tangible Book Value per Share
- -
-4.56
-4.65
-4.47
0.07
0.24
-0.67
-0.12
0.77
1.42
0.86
1.18
0.51
Basic Weighted Avg Shares
- -
10
10
10
17
19
19
19
19
19
19
19
19
Sales/Revenue/Turnover
- -
46
50
60
62
74
109
179
172
151
175
199
189
Operating Margin (%)
- -
22.92
19.36
15.41
15.14
17.99
20.51
26.04
20.67
21.95
20.26
19.26
19.18
Depreciation Expense
- -
2
2
2
2
3
4
6
7
6
7
7
7
Net Income, GAAP
- -
4
3
3
7
10
15
34
27
23
24
26
24
Effective Tax Rate (%)
- -
29.35
27.67
33
- -
20.43
21.62
23.06
23.7
21.17
23.96
20.42
21.64
Profit Margin (%)
- -
8.19
6.62
4.85
10.95
12.95
14.18
18.8
15.71
15.46
13.84
13.29
12.52
Working Capital
18
18
16
17
24
26
40
50
65
75
89
89
82
LT Debt
81
75
74
73
36
39
59
59
77
77
103
102
102
Total Equity
9
13
17
19
66
69
69
84
98
109
124
131
116
Return on Invested Capital (%)
- -
8.06
7.33
6.19
- -
9.91
14.54
25.41
16.36
13.91
12.8
13.09
13.79
Return on Capital (%)
- -
8.91
8.09
7.29
- -
19.27
22.54
34.08
21.05
17
15.5
14.69
16.59
Return on Common Equity (%)
- -
- -
66.27
35.9
60.73
68.08
78.86
93.83
48.44
33.48
29.92
28.41
29.29

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1
1
1
LT Borrowings
95
95
95
LT Finance Leases
7
7
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
762
838
931

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
119
128
124
Cash, Cash Equivalents & STI
46
53
45
Accounts Receivable, Net
19
22
21
Inventories
49
49
53
Total Current Liabilities
29
33
42
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
35.74%
13.79%
5.21%
Free Cash Flow
21.96%
13.86%
-20.9%
Net Income, GAAP
30.77%
19.43%
9.05%
Sales/Revenue/Turnover
17.55%
15.53%
13.52%
Total Cash Common Dividend
- -
15.03%
10.29%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
42
43
39
51
175
2025
52
47
54
- -
199
2026
59
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.4
0.31
0.29
0.29
1.3
2025
0.45
0.23
0.4
- -
1.41
2026
0.5
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.34
- -
0.34
0.68
2025
- -
0.38
0.37
- -
0.75
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Matias Jarnefelt
Full Time Employees
735
Sector
Consumer Cyclical
Industry
Leisure
Address
Teollisuustie 1-7 Muurame CF Finland 40951
IPO Date
Sep 21, 2021
Business
Harvia Oyj, through its global operations, designs, produces, and distributes a comprehensive array of sauna and spa products. The company offers a wide range of electric, wood-burning, and combi sauna heaters, alongside a diverse selection of sauna rooms including traditional, infrared, and steam models, as well as ready-made cabins for both indoor and outdoor settings. Harvia's portfolio also encompasses hot tubs, cold plunges, and various spa modules. Complementary items include advanced digital control units, steam generators, and essential accessories such as sauna stones, scents, buckets, ladles, thermometers, and textiles, alongside interior solutions like benches, sound systems, and specialized lighting. The company further provides installation, maintenance, and repair services for its sauna solutions. Operating under multiple recognized brands like Harvia, EOS, Almost Heaven Saunas, ThermaSol, and Kirami, the company supplies its offerings to a broad customer base, primarily through an extensive network of retailers and wholesalers. Harvia maintains a significant international presence, with operations spanning Finland, Germany, the United States, other European countries, Canada, the Asia-Pacific region, and the Middle East and Africa. Established in 1950, Harvia Oyj is headquartered in Muurame, Finland.

Company News

APIChatGPT
  • Harvia: A Hidden European Growth Story With A Powerful Replacement Flywheel

  • Harvia Oyj (HRVFF) Q1 2026 Earnings Call Transcript

  • Harvia Oyj: Acquisition of own shares on February 20, 2026

  • Harvia Oyj: Acquisition of own shares on February 19, 2026

  • Harvia Oyj (HRVFF) Q4 2025 Earnings Call Transcript