TietoEVRY Overview
- Year Founded
-
1968
- Status
-
Public
- Employees
-
22,617
- Stock Symbol
-
TIETO
- Investments
-
106
- Share Price
-
$18.57
- (As of Friday Closing)
TietoEVRY General Information
Description
TietoEVRY Corp is a Finland-based digital services and software company. It serves thousands of enterprise and public sector customers in more than 90 countries. Tietoevry Group is comprised of five operating segments: Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, and Tietoevry Tech Services. The maximum revenue is derived from the Tietoevry Tech Services segment. Tietoevry Tech Services is a Nordic multi-cloud platform provider with a full range of infrastructure choices at scale aiming to ensure resilience, security, and compliance for customers' business. Its business comprises application and data services, cloud platforms and security services, traditional Infrastructure services, and user experience services.
Contact Information
Website
www.tietoevry.comCorporate Office
- Keilalahdentie 2-4
- PO Box 2
- 02101 Espoo
- Finland
Corporate Office
- Keilalahdentie 2-4
- PO Box 2
- 02101 Espoo
- Finland
TietoEVRY Stock Performance
As of 13-Jun-2025, TietoEVRY’s stock price is $18.57. Its current market cap is $2.2B with 119M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $18.57 | $18.67 | $15.62 - $22.01 | $2.2B | 119M | 304K | -$1.64 |
TietoEVRY Financials Summary
As of 31-Mar-2025, TietoEVRY has a trailing 12-month revenue of $2.73B.
|
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 3,004,540 | 3,137,080 | 3,860,274 | 4,038,843 |
| Revenue | 2,726,160 | 3,032,690 | 3,085,430 | 3,078,613 |
| EBITDA | 140,951 | 199,214 | 440,838 | 446,110 |
| Net Income | (194,948) | (67,956) | 186,333 | 198,295 |
| Total Assets | 3,347,656 | 3,178,219 | 3,889,239 | 3,639,503 |
| Total Debt | 1,032,113 | 1,142,236 | 1,285,691 | 1,029,502 |
TietoEVRY Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
TietoEVRY Comparisons
Industry
Financing
Details
TietoEVRY Competitors (81)
One of TietoEVRY’s 81 competitors is HCL Technologies, a Corporation company based in Noida, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| HCL Technologies | Corporation | Noida, India | ||||
| Cognizant Technology Solutions | Corporation | Teaneck, NJ | ||||
| Mphasis | Private Equity-Backed | Bangalore, India | ||||
| Tech Mahindra | Corporate Backed or Acquired | Mumbai, India | ||||
| Mindteck (India) | Corporation | Bengaluru, India |
TietoEVRY Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
TietoEVRY Patents
TietoEVRY Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20170005888-A1 | Network element monitoring | Inactive | 30-Jun-2015 | ||
| EP-3113024-A1 | Network element monitoring | Inactive | 30-Jun-2015 | ||
| US-20160219101-A1 | Migrating an application providing latency critical service | Inactive | 23-Jan-2015 | ||
| EP-3048843-A1 | Migrating an application providing latency critical service | Inactive | 23-Jan-2015 | ||
| US-20160173392-A1 | Service chain management | Inactive | 15-Dec-2014 | H04L47/2475 |
TietoEVRY Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
TietoEVRY Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
TietoEVRY Investments & Acquisitions (106)
TietoEVRY’s most recent deal was a Merger/Acquisition with MentorMate for . The deal was made on 21-Jul-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| MentorMate | 21-Jul-2023 | Merger/Acquisition | IT Consulting and Outsourcing | ||
| EVRY (Merged) | 05-Dec-2019 | Merger/Acquisition | Systems and Information Management | ||
| Quantfolio | 03-May-2019 | Early Stage VC | Financial Software | ||
| Meridium (Sweden) | 05-Nov-2018 | Merger/Acquisition | IT Consulting and Outsourcing | ||
| Eyeonid Group (Portfolio of EyeOnID Products in Stockholm, Sweden) | 21-Sep-2018 | Corporate Asset Purchase | Buildings and Property |
TietoEVRY ESG
Risk Overview
Risk Rating
Updated December, 12, 2024
18.47 | 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
Management
Management is related to actions taken to manage ESG issues
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
of 14,673
Rank
Percentile
Software & Services
Industry
of 941
Rank
Percentile
IT Consulting
Subindustry
of 209
Rank
Percentile
TietoEVRY Exits (11)
TietoEVRY’s most recent exit was on 31-May-2011 from EVRY Jydacom. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| EVRY Jydacom | 31-May-2011 | Completed |
|
||
| TOPAS Consulting | 01-Oct-2006 | Completed |
|
||
| TietoSaab Systems | 02-Nov-2005 | Completed |
|
||
| Ab Axiell Kirjastot | 01-Jan-2005 | Completed |
|
||
| Inveos | 31-Dec-2003 | Merger/Acquisition | Completed |
TietoEVRY Affiliates
Subsidiaries (6)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Tietoevry Tech Services | Finland | 2023 | |
| ForestX | Gothenburg, Sweden | 2018 | |
| MentorMate | Minneapolis, MN | 2001 | |
| Avega Group | Stockholm, Sweden | 2000 | |
| Sykora Data Center | Ostrava, Czech Republic | 1992 |
TietoEVRY FAQs
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When was TietoEVRY founded?
TietoEVRY was founded in 1968.
-
Where is TietoEVRY headquartered?
TietoEVRY is headquartered in Espoo, Finland.
-
What is the size of TietoEVRY?
TietoEVRY has 22,617 total employees.
-
What industry is TietoEVRY in?
TietoEVRY’s primary industry is IT Consulting and Outsourcing.
-
Is TietoEVRY a private or public company?
TietoEVRY is a Public company.
-
What is TietoEVRY’s stock symbol?
The ticker symbol for TietoEVRY is TIETO.
-
What is the current stock price of TietoEVRY?
As of 13-Jun-2025 the stock price of TietoEVRY is $18.57.
-
What is the current market cap of TietoEVRY?
The current market capitalization of TietoEVRY is $2.2B.
-
What is TietoEVRY’s current revenue?
The trailing twelve month revenue for TietoEVRY is $2.73B.
-
Who are TietoEVRY’s competitors?
HCL Technologies, Cognizant Technology Solutions, Mphasis, Tech Mahindra, and Mindteck (India) are some of the 81 competitors of TietoEVRY.
-
What is TietoEVRY’s annual earnings per share (EPS)?
TietoEVRY’s EPS for 12 months was -$1.64.
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