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    Software - Application
Penneo A/S

Penneo A/S

PENNEO.CO
Penneo A/SDK flagNASDAQ Copenhagen
16.40
DKK
-0.05
- -
583.31MMarket Cap
Penneo A/S
PENNEO.CO
(NASDAQ Copenhagen)

Recent

price

16.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
TTM
FRC
- -
1.12
1.81
2.11
2.32
2.68
2.8
Revenue per Share
0.09
-0.11
-0.65
-0.72
-0.65
-0.75
-0.44
Basic EPS, GAAP
- -
-0.19
-0.93
-0.91
-0.94
-0.46
-0.36
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
-0.15
1.82
0.49
1.45
0.65
-0.19
Book Value per Share
-0.31
-0.22
1.14
0.47
1.56
0.78
0.01
Tangible Book Value per Share
25
25
20
26
31
33
34
Basic Weighted Avg Shares
- -
28
36
54
72
88
95
Sales/Revenue/Turnover
- -
-7.48
-45.72
-41.86
-32.56
-26.12
-13.81
Operating Margin (%)
2
3
5
8
10
14
18
Depreciation Expense
2
-3
-13
-19
-20
-25
-15
Net Income, GAAP
38.82
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-9.62
-36.03
-34.33
-28.12
-27.96
-15.71
Profit Margin (%)
-4
1
26
25
58
37
10
Working Capital
1
14
18
26
20
20
16
LT Debt
6
9
58
57
106
94
75
Total Equity
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
-36.29
Return on Capital (%)
- -
- -
- -
-77.13
-70.51
-74.51
-311.89
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
4
5
6
LT Borrowings
12
11
10
LT Finance Leases
7
6
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
34
34
34
Market Capitalization
258
267
288

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
45
40
29
Cash, Cash Equivalents & STI
34
29
22
Accounts Receivable, Net
8
8
5
Inventories
- -
- -
- -
Total Current Liabilities
20
21
19
Payables & Accruals
- -
- -
- -
ST Debt
4
5
6
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
132.7%
-10.82%
Free Cash Flow
- -
- -
-48.46%
Net Income, GAAP
- -
47.3%
22.09%
Sales/Revenue/Turnover
- -
- -
22.75%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
14
18
15
25
72
2023
18
22
16
33
88
2024
21
24
17
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.26
-0.25
-0.19
- -
-0.65
2023
-0.28
-0.29
-0.35
- -
-0.75
2024
-0.27
-0.11
-0.22
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
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Business
Penneo A/S provides software-as-a-service solutions for digital signing, workflow automation, and know-your-customer processes primarily targeting audit, accounting, finance, banking, real estate, legal, and HR sectors; its core offerings include Penneo Sign for secure digital signing with eID validation, workflow automation, and data collection; Penneo KYC for automating client onboarding and anti-money laundering compliance; and an open API platform with out-of-the-box integrations to accounting software, CRMs, ERPs, case management systems, and eID providers such as MitID, BankID, itsme, and beID. Founded in 2014 and headquartered in Copenhagen, Denmark, the company operates across Denmark, Sweden, Norway, Finland, Belgium, Germany, and other international markets, serving over 3,000 customers including leading auditors. In late 2024, Visma Danmark Holding A/S, a subsidiary of Visma AS, completed the acquisition of Penneo through a voluntary public takeover offer accepted by more than 90% of shareholders followed by compulsory acquisition of remaining shares, resulting in delisting from Nasdaq Copenhagen; this transaction positions Penneo's solutions as complementary to Visma's SaaS ecosystem, accelerating international expansion and growth in the Nordic and European audit industries.