Bittium Overview

  • Year Founded
  • 1985

Year Founded

  • Status
  • Public

  • Employees
  • 613


  • Stock Symbol

Stock Symbol

  • Investments
  • 13

  • Share Price
  • $3.91
  • (As of Friday Closing)

Bittium General Information


Bittium Corp is a Finland based company operating in the wireless business. It provides communications and connectivity solutions to customers in the Internet of Things, telecommunications, defense, and healthcare industries. The firm's product portfolio includes LTE smartphones for demanding security and public safety needs, wireless Internet protocol networks, voice over Internet protocol products, and LTE access points for tactical communications. The company develops healthcare technology solutions for biosignal measuring. Geographically, the company operates in Finland, the Americas, Other Europe, and Asia, of which a majority of the revenue is derived from the operations in Finland.

Contact Information

Formerly Known As
Elektrobit Group, Elektrobit, Elektrobit Limited
Ownership Status
Publicly Held
Financing Status
Primary Industry
Wireless Communications Equipment
Other Industries
Electronic Components
Vertical Market Software
Stock Exchange
Primary Office
  • Ritaharjuntie 1
  • 90590 Oulu
  • Finland
+358 040 0000000

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Bittium Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$3.91 $3.88 $3.56 - $4.97 $139M 35.5M 10.3K -$0.08

Bittium Financials Summary

In Thousands,
TTM 30-Jun-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 166,738 151,478 218,525 249,802
Revenue 80,637 86,703 102,704 89,352
EBITDA 7,589 11,214 15,801 15,251
Net Income (2,874) 266 3,930 2,486
Total Assets 175,183 181,939 188,118 194,375
Total Debt 24,778 24,070 25,207 27,700
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Bittium Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Bittium Comparisons

HQ Location
Total Raised
Post Valuation
Bittium Corp is a Finland based company operating in the wireless business. It provides communications and connectivity
Wireless Communications Equipment
Oulu, Finland
613 As of 2023


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00000000 00000000000
Espoo, Finland
00000 As of 0000
000000000 00.000

0000 0

Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliqu
000000000, 00000 000
Hopkins, MN
000 As of 0000
000000000 00000
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Bittium Competitors (23)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Nokia Corporation Espoo, Finland 00000 00.000 000000000 00.000
0000 0000000000000 Corporation Hopkins, MN 000 00000 000000000 00000
000000 Venture Capital-Backed Portland, OR 00 0000 0000000000 0 0000
0000000 00000000 Private Equity-Backed Rolling Meadows, IL 000 00000 000000000 00 00000
000000 00000000000 Private Debt Financed Shenzhen, China 000000 00.00 000000000 00.00
You’re viewing 5 of 23 competitors. Get the full list »

Bittium Patents

Bittium Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4223222-A1 Electronic apparatus, bio-signal measurement system and bio-signal coupling method Pending 07-Feb-2022 000000000 0
US-20230248290-A1 Electronic apparatus, bio-signal measurement system and bio-signal coupling method Pending 07-Feb-2022 000000000
US-20230200705-A1 Electric apparatus and its manufacturing method Pending 23-Dec-2021 000000000
EP-4201318-A1 Electric apparatus and its manufacturing method Pending 23-Dec-2021 000000000 0
US-20220395211-A1 Disposable patch electrode structure and connector of bio-signal measurement system, bio-signal measurement system and method of connecting with disposable patch electrode structure Pending 09-Jun-2021 A61B5/6833
To view Bittium’s complete patent history, request access »

Bittium Executive Team (14)

Name Title Board Seat Contact Info
Johan Westermarck Chief Executive Officer & Board Member
Hannu Huttunen Chief Executive Officer
Antti Keränen Chief Financial Officer
Pekka Kunnari Chief Financial Officer, Finance
Kari Jokela Chief Legal Officer
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Bittium Board Members (3)

Name Representing Role Since
00000 00000000000 Bittium Chief Executive Officer & Board Member 000 0000
0000-00000 0000000 Self Board Member 000 0000
You’re viewing 2 of 3 board members. Get the full list »

Bittium Signals

Growth Rate

0.80% Weekly
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


Similarweb Unique Visitors


Majestic Referring Domains


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Bittium Investments & Acquisitions (13)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 (00 09-Jul-2021 000000000 Monitoring Equipment
000000 12-Jul-2018 000000000 00000 Other Healthcare Services
0000000 (0000 24-Apr-2018 000000000 Buildings and Property 00000 000
0000 00000000 10-Nov-2016 0000000000 00.00 Monitoring Equipment 00000 000
Mega Koto 10-Nov-2016 Merger/Acquisition 00.000 Other Healthcare Services 00000 000
You’re viewing 5 of 13 investments and acquisitions. Get the full list »

Bittium Subsidiaries (2)

Company Name Industry Location Founded
7iD Technologies Business/Productivity Software Graz, Austria 2005
000 0000 Application Software Orlando, FL 0000
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Bittium ESG

Risk Overview

Risk Rating

Updated March, 24, 2023

23.79 | Med Risk

Risk Scale

A lower score indicates better sustainability












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



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.


Covered Companies

00 of 15,491




Software & Services


00 of 1,094




Enterprise and Infrastructure Software


00 of 439




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

Bittium Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
000 0000000000 04-Jun-2002 000000000000000000 Completed
  • 0000000
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