Wiit Overview

  • Year Founded
  • 1996

Year Founded

  • Status
  • Public

  • Employees
  • 582

Employees

  • Stock Symbol
  • WIIT

Stock Symbol

  • Investments
  • 11

  • Share Price
  • $18.62
  • (As of Friday Closing)

Wiit General Information

Description

Wiit SpA is a provider of Hybrid Cloud and Hosted Private Cloud for businesses. The company delivers Cloud Solutions for Critical applications which may have impacts on business continuity, such as Enterprise Resource Planning Market. The company offers a hybrid, hosted private, and public cloud services; cloud services for critical applications; business continuity and disaster recovery services; cyber security services; technology migration programs; digital business transformation services; and services desk and desktop management solutions.

Contact Information

Website
www.wiit.cloud
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Systems and Information Management
Other Industries
IT Consulting and Outsourcing
Stock Exchange
MIL
Corporate Office
  • Via Dei Mercanti Number 12
  • 20121 Milan
  • Italy
+39 02 0000 0000

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Wiit Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$18.62 $18.75 $14.31 - $23.92 $486M 26.1M 24.3K $0.34

Wiit Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 771,593 771,593 683,058 1,143,473
Revenue 140,785 140,785 124,913 91,179
EBITDA 50,682 50,682 41,611 26,976
Net Income 8,966 8,966 8,249 (1,160)
Total Assets 341,672 341,672 324,903 323,320
Total Debt 250,098 250,098 224,324 212,704
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Wiit Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Wiit Executive Team (6)

Name Title Board Seat Contact Info
Alessandro Cozzi Chief Executive Officer & Board Member
Stefano Pasotto Chief Financial Officer, Board Member, Financial Reporting Officer, Manager in Charge and Investor Relator Director
Igor Bailo Chief Operating Officer, Operations & Board Member
Enrico Rampin Chief Marketing Officer, Marketing & Board Member
Francesco Baroncelli Board Member & Executive
You’re viewing 5 of 6 executive team members. Get the full list »

Wiit Board Members (10)

Name Representing Role Since
0000 000000 Self Independent Director, Member of the Control, Risks and Related Parties Committee 000 0000
0000000000 00000 Wiit Chief Executive Officer & Board Member 000 0000
000000 000000 Wiit Board Member 000 0000
000000 000000 Wiit Chief Marketing Officer, Marketing & Board Member 000 0000
000000000 00000000 Wiit Board Member & Executive 000 0000
You’re viewing 5 of 10 board members. Get the full list »

Wiit Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Wiit Investments & Acquisitions (11)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Econis 26-Mar-2024 0000000000 IT Consulting and Outsourcing 000000000
German Edge Cloud (Edge & Cloud Business) 24-Jan-2024 0000000000 00.000 Systems and Information Management 000000000
Erptech 31-Mar-2022 0000000000 00.00 IT Consulting and Outsourcing 000000000
Boreus 02-Nov-2021 0000000000 000.00 Business/Productivity Software 0000000 0
Gecko (Rostock) 02-Nov-2021 Merger/Acquisition 000.00 Business/Productivity Software 000000000
You’re viewing 5 of 11 investments and acquisitions. Get the full list »

Wiit Subsidiaries (6)

Company Name Industry Location Founded
Etaeria Systems and Information Management Turin, Italy 2015
Adelante S.r.l. IT Consulting and Outsourcing Bagno a Ripoli, Italy 0000
Boreus Business/Productivity Software Stralsund, Germany 0000
Erptech IT Consulting and Outsourcing Milan, Italy 0000
MyLoc Managed IT IT Consulting and Outsourcing Dusseldorf, Germany 0000
You’re viewing 5 of 6 subsidiaries. Get the full list »

Wiit ESG

Risk Overview

Risk Rating

Updated April, 27, 2024

16.12 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

00.00

Percentile

Software & Services

Industry

00 of 1,116

Rank

00.00

Percentile

Data Processing

Subindustry

00 of 99

Rank

00.00

Percentile

To view Wiit’s complete esg history, request access »

Wiit FAQs

  • When was Wiit founded?

    Wiit was founded in 1996.

  • Who is the founder of Wiit?

    Alessandro Cozzi is the founder of Wiit.

  • Who is the CEO of Wiit?

    Alessandro Cozzi is the CEO of Wiit.

  • Where is Wiit headquartered?

    Wiit is headquartered in Milan, Italy.

  • What is the size of Wiit?

    Wiit has 582 total employees.

  • What industry is Wiit in?

    Wiit’s primary industry is Systems and Information Management.

  • Is Wiit a private or public company?

    Wiit is a Public company.

  • What is Wiit’s stock symbol?

    The ticker symbol for Wiit is WIIT.

  • What is the current stock price of Wiit?

    As of 24-May-2024 the stock price of Wiit is $18.62.

  • What is the current market cap of Wiit?

    The current market capitalization of Wiit is $486M.

  • What is Wiit’s current revenue?

    The trailing twelve month revenue for Wiit is $141M.

  • What is Wiit’s annual earnings per share (EPS)?

    Wiit’s EPS for 12 months was $0.34.

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