1. Sweden Stocks

  2. •

    Technology services

  3. •

    Packaged software
Vitec Software Group AB Class B

Vitec Software Group AB Class B

313.60
SEK
+0.60
(+0.19%)
11.45EPS
19.81P/E
9.03BMarket Cap
Oct 23Next Earn
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
14.22
17.57
21.04
22.98
29.06
33.87
35.72
40.3
46.59
55.89
74.06
87.31
91.49
93.53
Basic EPS, GAAP
1.16
1.75
2.66
2.27
2.7
3.23
3.16
4.93
6.14
6.92
9.04
10.74
10.96
11.52
Free Cash Flow per Basic Share
0.08
2.45
1.97
2.23
2.66
1.82
3.91
8.09
7.7
7.86
9.1
14.31
16.47
14.96
Dividend per Share
0.49
0.52
0.67
0.9
1
1.09
1.2
1.02
1.58
1.93
2.2
2.86
3.45
3.62
Book Value per Share
6.39
8.85
9.24
11.37
13.34
20.71
23.31
25.73
56.76
85.99
90.79
123.51
122.08
128.19
Tangible Book Value per Share
-3.41
-8.98
-11.69
-16.16
-18.31
-14.17
-21.68
-25.75
-32.23
-49.67
-92.45
-100.88
-99.73
-123.12
Basic Weighted Avg Shares
26
28
29
29
29
30
32
33
34
35
38
38
40
40
Sales/Revenue/Turnover
372
492
618
675
855
1,017
1,156
1,313
1,571
1,978
2,778
3,334
3,633
3,709
Operating Margin (%)
10.96
13.94
16.27
13.07
12.22
12.69
12.48
16.94
18.01
17.99
21.25
20.92
19.6
20.62
Depreciation Expense
31
56
86
114
127
158
210
235
286
355
474
651
811
836
Net Income, GAAP
30
49
78
67
79
97
102
161
207
245
339
410
435
457
Effective Tax Rate (%)
20.59
23.98
17.42
18.46
19.06
17
21.43
22.6
21.05
21.56
27.5
24.18
22.78
23.38
Profit Margin (%)
8.13
9.97
12.64
9.89
9.29
9.53
8.84
12.24
13.17
12.38
12.21
12.3
11.98
12.32
Working Capital
-27
-58
-70
-18
-70
152
-99
-121
-185
88
-292
-534
-351
-373
LT Debt
52
130
207
339
375
504
523
584
815
1,548
2,197
2,284
2,803
3,662
Total Equity
170
260
272
334
398
670
759
843
1,989
3,210
3,408
4,908
4,844
5,074
Return on Invested Capital (%)
12.55
14.55
16.61
11.35
11.19
10.61
8.95
12.2
10.16
7.15
8.07
8
7.11
7.31
Return on Capital (%)
12.94
15.21
17.4
11.8
11.38
10.78
9.17
12.4
10.35
7.26
7.83
7.7
6.78
7.32
Return on Common Equity (%)
18.77
22.83
29.41
22.06
21.69
18.15
14.3
20.05
14.61
9.42
10.25
9.86
8.93
9.38

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
235
116
128
LT Borrowings
2,716
3,374
3,535
LT Finance Leases
87
123
128
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
40
40
Market Capitalization
12,285
9,428
9,032

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,145
1,438
1,232
Cash, Cash Equivalents & STI
417
759
582
Accounts Receivable, Net
509
368
332
Inventories
4
11
12
Total Current Liabilities
1,496
1,794
1,605
Payables & Accruals
- -
- -
- -
ST Debt
235
116
128
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
38.1%
49.22%
-1.3%
Free Cash Flow
35.11%
21.64%
19.71%
Net Income, GAAP
20.18%
22.54%
6.16%
Sales/Revenue/Turnover
19.7%
23%
8.97%
Total Cash Common Dividend
22.79%
33.36%
25.45%

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
716
882
809
927
3,334
2025
902
817
- -
983
3,633
2026
955
954
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.28
3.17
2.85
2.43
10.74
2025
2.09
2.64
- -
3.41
10.96
2026
2.49
2.98
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.57
0.75
0.79
0.75
2.86
2025
0.75
0.9
- -
0.9
3.45
2026
0.9
0.92
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Stig Olle Backman
Full Time Employees
1,770
Sector
Technology services
Industry
Packaged software
Address
Götgatan 6B Umeå AC Sweden 903 27
IPO Date
Mar 16, 1998
Website
vitecsoftware.com
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Business
Vitec Software Group AB (publ) Vitec Software Group AB (publ) is a Sweden-based developer of vertical market software solutions, offering standardized software products, consulting services, and support services tailored to specific industries including real estate brokerage and management, energy forecasting and grid management, media and publishing, financial services for banks and insurance companies, healthcare, construction, public sector administration, pharmacies, automotive workshops, education, and waste management; the company operates primarily in the Nordic region with presence in Sweden, Norway, Denmark, Finland, the Netherlands, Poland, and the United States. Founded in 1985 and headquartered in Umea, Sweden, Vitec Software Group AB (publ) manages independent business units such as Brokerage, Real Estate, Media (including the Balance business system), Energy, Capitex (for banks and insurers), and 3L System (for construction and directories), alongside subsidiaries like Futursoft OY, AutoData Norge AS, Tietomitta OY, Aloc A/S, and Nice AS; it generates revenue through licensing, cloud subscriptions, and related services across these segments. In October 2025, the company completed the acquisition of an 80% stake in Polish software firm NMG S.A., a market leader in mission-critical solutions for energy data processing, transmission management, and smart grids with 2024 revenue of SEK 99.5 million, planning full ownership by end-2028 and expecting immediate earnings per share accretion; this follows ongoing strategic expansion via acquisitions to strengthen its vertical software portfolio, with 2024 net sales reaching 3,334 MSEK from 1,770 employees.