1. Finland Stocks

  2. •

    Technology

  3. •

    Software - Application
Innofactor Oyj

Innofactor Oyj

IFA1V.HE
Innofactor OyjFI flagNASDAQ Helsinki
1.71
EUR
- -
- -
61.20MMarket Cap
Innofactor Oyj
IFA1V.HE
(NASDAQ Helsinki)

Recent

price

1.71

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
0.43
0.53
0.59
0.63
1
1.36
1.36
1.81
1.86
1.74
1.74
1.77
1.78
1.95
2.21
2.14
2.22
Revenue per Share
0.05
0.03
0.02
0.02
0.04
0.05
0.05
0.05
-0.04
-0.09
0.01
0.05
0.12
0.09
0.09
0.01
0.08
Basic EPS, GAAP
0.03
-0.02
-0.04
- -
0.03
0.05
0.11
0.08
0.07
-0.05
0.15
0.13
0.23
0.16
0.18
0.21
0.22
Free Cash Flow per Basic Share
0.01
0.03
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.04
0.08
0.06
0.07
- -
Dividend per Share
0.14
0.2
0.15
0.16
0.09
0.13
0.17
0.19
0.12
0.05
0.03
0.1
0.2
0.27
0.35
0.4
0.42
Book Value per Share
0.13
0.49
0.35
0.31
-0.11
-0.02
0.06
-0.44
-0.27
-0.3
-0.21
-0.14
-0.04
-0.12
-0.09
-0.14
-0.11
Tangible Book Value per Share
16
18
29
30
33
32
33
33
35
36
37
37
37
37
36
36
36
Basic Weighted Avg Shares
7
10
17
19
33
44
44
60
66
63
64
66
66
71
80
78
81
Sales/Revenue/Turnover
16.84
7.12
5.26
3.29
6.9
6.57
5.72
3.91
-2.22
-6.13
1.24
3.78
5.92
6.29
7.27
4.36
5.88
Operating Margin (%)
- -
- -
1
1
1
1
1
2
3
3
4
5
4
3
3
3
3
Depreciation Expense
1
1
1
- -
1
2
2
2
-1
-3
- -
2
5
3
3
- -
3
Net Income, GAAP
25.97
27.44
22.46
24.03
24.48
20
20
20
- -
- -
- -
14.05
21.4
20.54
33.55
91.05
35.17
Effective Tax Rate (%)
12.64
5.12
3.99
2.39
4.3
3.55
3.48
2.58
-1.92
-5.05
0.65
2.66
6.79
4.67
4.28
0.34
3.68
Profit Margin (%)
1
1
2
2
-1
- -
- -
-10
-7
-11
-11
-3
-2
-5
-5
-3
-7
Working Capital
2
- -
- -
1
10
8
5
9
7
5
7
11
6
7
3
5
- -
LT Debt
3
12
13
14
20
22
25
23
25
21
22
23
25
25
25
23
24
Total Equity
16.33
4.98
5.59
3.35
7.27
7.1
6.07
5.11
- -
- -
- -
5.52
8.34
9.57
10.44
0.91
9.36
Return on Invested Capital (%)
17.33
9.05
17.25
8.94
18.18
13.77
13.85
9.92
- -
- -
- -
17.69
29.51
18.36
17.01
1.36
15.09
Return on Capital (%)
- -
17.02
16.81
9.6
36.12
44.44
32.48
26.09
-23.63
-102.77
28.05
71.43
78.78
38.24
30.52
1.92
22.73
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
7
5
6
LT Borrowings
2
1
- -
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
36
36
Market Capitalization
43
48
47

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
19
20
17
Cash, Cash Equivalents & STI
- -
2
- -
Accounts Receivable, Net
17
18
17
Inventories
- -
- -
- -
Total Current Liabilities
24
23
25
Payables & Accruals
- -
- -
- -
ST Debt
7
5
6
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.66%
1.13%
-8.98%
Free Cash Flow
-44.8%
12.33%
16.99%
Net Income, GAAP
21.76%
72.39%
-92.35%
Sales/Revenue/Turnover
6.35%
4.01%
-3.35%
Total Cash Common Dividend
- -
- -
14.93%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
17
17
17
21
71
2023
20
20
18
22
80
2024
21
20
- -
- -
78

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.02
0.01
0.02
- -
0.09
2023
0.03
0.01
0.03
- -
0.09
2024
0.04
-0.01
- -
- -
0.01

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
0.08
2023
- -
- -
- -
- -
0.06
2024
- -
- -
- -
- -
0.07
Similar Companies
Metro One Development, Inc. (MTRO)
Embark Technology, Inc. (EMBK)
Kody Technolab Ltd. (KODYTECH.NS)
Cloopen Group Holding Limited (RAASY)
ScandiDos AB (publ) (SDOS.ST)
Prism Software Corporation (PSWR)
Business
Innofactor Oyj provides Microsoft-focused software solutions and IT services as a system integrator to over 1,000 private, public, and third-sector customers across the Nordic countries; headquartered in Espoo, Finland, the company was founded in 2000. Core offerings span four business units structured as separate legal entities since January 2025: Platforms delivers Microsoft Azure-based cloud platforms, data and analytics, modern work platforms, cybersecurity, cloud migrations, and managed IT services; Solutions provides industry-specific applications including Smart Business, Smart City, CRM, ERP, and EPM systems via Microsoft Dynamics 365 and Power Platform for sectors such as manufacturing, finance, construction, and public administration; Code specializes in custom application development, process digitalization, integrations, and low-code solutions alongside R&D; Dynasty offers proprietary information and knowledge management products for document, case, decision, contract, and quality management, primarily serving public administration in Finland and expanding in other Nordics. Innofactor operates offices in Finland (Espoo, Tampere, Turku, Kuopio, Kajaani, Lappeenranta, Jyväskylä, Oulu), Sweden (Stockholm), Denmark (Copenhagen), and Norway (Oslo, Bergen). Recent developments include delisting from Nasdaq Helsinki in April 2025 following a voluntary public cash tender offer by Onni Bidco Oy, backed by CapMan Growth, Sami Ensio via Ensio Investment Group, and Osprey Capital; divestiture of its MMS business in Sweden to Softronic on April 1, 2025; and strategic reorganization into the four-unit model in early 2025 to enhance AI-driven process optimization, cost efficiency, and specialized Nordic market focus.