Digitalist Group Oyj

Digitalist Group Oyj

1.66
EUR
-0.42
(-20.43%)
-2.46EPS
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
398.45
56.53
21.86
10.79
13.01
9.5
10.52
7.87
7.1
7.09
6.14
5.89
6.02
10.32
Basic EPS, GAAP
-149.27
-19.48
-13.63
-6.75
-4.51
-2.62
-5.63
-4.54
-2.23
-2.49
-1.49
-1.72
-1.67
-2.46
Free Cash Flow per Basic Share
-115.49
-13.62
-14.81
-3.87
-3.66
-2.45
-1.85
-0.6
-1.45
-0.86
-1.07
-0.52
-0.76
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
10.3
-3.1
1.76
-2.97
2.47
2.7
-3.2
-6.89
-9.75
-11.59
-11.91
-13.62
-15.1
1.27
Tangible Book Value per Share
-27.11
-29.09
-7.14
-11.36
-5.55
-6.24
-9.28
-10.82
-12.09
-13.36
-14.05
-15.64
-17.23
-7.13
Basic Weighted Avg Shares
- -
- -
1
1
2
3
3
3
3
3
3
3
3
3
Sales/Revenue/Turnover
33
24
17
15
20
25
27
20
18
19
17
16
17
27
Operating Margin (%)
-35.35
-31.07
-49.93
-51.03
-24.49
-26.04
-25.86
-26.16
-28.21
-23.01
-15.47
-12.25
-9.51
-20.4
Depreciation Expense
3
3
1
1
1
2
3
3
2
1
1
- -
1
- -
Net Income, GAAP
-13
-8
-11
-10
-7
-7
-15
-12
-6
-7
-4
-5
-5
-6
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-37.46
-34.46
-62.34
-62.6
-34.71
-27.6
-53.51
-57.7
-31.37
-35.19
-24.23
-29.12
-27.66
-23.82
Working Capital
-15
-15
-2
-6
-5
-4
-14
-17
-10
-12
-36
-18
-44
-9
LT Debt
- -
4
8
10
6
12
13
12
24
26
4
25
5
- -
Total Equity
4
-1
3
-4
5
7
-8
-17
-25
-31
-33
-38
-42
3
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-232.98
- -
- -
- -
- -
-109.25
- -
- -
- -
- -
- -
- -
- -
-215.51

Capital Structure

EUR

•

in mil. unless spec.
Sep'18
Dec'18
Jun'19
ST Debt
- -
5
- -
LT Borrowings
- -
12
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
- -
- -
- -

Working Capital

EUR

•

in mil. unless spec.
Sep'18
Dec'18
Jun'19
Total Current Assets
8
8
7
Cash, Cash Equivalents & STI
1
- -
- -
Accounts Receivable, Net
7
7
7
Inventories
- -
- -
- -
Total Current Liabilities
10
13
17
Payables & Accruals
- -
- -
- -
ST Debt
- -
5
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-46.98%
21.01%
11.08%
Free Cash Flow
0.01%
25.73%
47.98%
Net Income, GAAP
-0.63%
-12.56%
-2.87%
Sales/Revenue/Turnover
0.98%
-4.06%
2.27%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
4
5
16
2025
5
4
17
2026
4
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
-0.51
-0.32
-1.72
2025
-0.36
-0.39
-1.67
2026
-0.44
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Carl Magnus Ingemar Leijonborg
Full Time Employees
118
Sector
Technology services
Industry
Information technology services
Address
Siltasaarenkatu 18–20 C Helsinki UU Finland 00530
IPO Date
Jan 3, 2000
Business
Digitalist Group Plc operates as a technology company specializing in digital transformation and digitalization solutions. Its core products and services encompass digital strategy consulting, web development, system integration, design services, cloud-based solutions, and applied artificial intelligence (AI) platforms. The company supports customers primarily in Europe and North America across various industries by helping them innovate offerings, optimize business processes, and enhance customer experience through digital technologies. Digitalist Group also delivers brand, strategy, and communications expertise following its acquisition of the Swedish brand and communications firm Open Communications International AB in 2023, strengthening its service portfolio in brand development and strategic communication. Founded in 2000 and headquartered in Helsinki, Finland, Digitalist Group was previously known as Ixonos before rebranding. The company has strategically reorganized its business operations in recent years, including divesting its fully-owned subsidiary FutureLab & Partners AB and scaling down operations in Canada to concentrate on its European core markets. In 2023, it acquired a controlling interest in Open Communications International AB, expanding its footprint in brand and strategy services. Additionally, the company has focused on enhancing its applied AI capabilities through its proprietary platform "Stacken," which underpins increasing client projects. Its subsidiary, Digitalist Open Tech AB, obtained ISO/IEC 42001 certification for AI management systems in 2025, reinforcing its commitment to responsible AI development. The firm continues to emphasize execution and operational optimization with steady growth in turnover and intensified focus on sustainable business development. Digitalist Group operates globally but maintains its largest presence in Europe and North America. It serves a broad customer base ranging from public sector agencies to private enterprises aiming to digitize and future-proof their businesses. The group structure includes subsidiaries like Digitalist Finland Oy and Digitalist Open Tech AB, with operations centered on IT consultancy, software development, and digital service delivery. The company reported a turnover increase to EUR 12.4 million in the first three quarters of 2025 and pursues expansion primarily through service enhancement rather than geographic growth. It also secured financing arrangements to support its working capital needs and strategic initiatives amid a competitive digital services landscape. Overall, Digitalist Group Plc acts as a comprehensive digital transformation partner delivering an integrated suite of digital, brand, communication, and AI solutions with recent corporate restructuring and strategic acquisitions marking its latest major developments.