Vitec Software Group Overview

  • Founded
  • 1985
Founded
  • Status
  • Public
  • Employees
  • 830
Employees
  • Stock Symbol
  • VIT B
Stock Symbol
  • Investments
  • 30
  • Share Price
  • $36.09
  • (As of Thursday Closing)

Vitec Software Group General Information

Description

Vitec Software Group AB is a software company in Vertical Market Software in the Nordic region. The company provides software for the pharmacy market, automotive and machine industry, banks and insurance companies, healthcare companies, real estate agents, and the education sector. Its segments comprise Auto, Energy, Real Estate, Finance & Insurance, Environment, Estate Agents and Education & Health.

Contact Information

Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Other Software
Stock Exchange
STO
Primary Office
  • Tvistevägen 47 A
  • 907 29 Umeå
  • Sweden
+46 090-15 00 00
Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial
Want to dig into this profile?

We’ll help you find what you need

Learn more

Vitec Software Group Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$36.09 $36.29 $12.43 - $37.19 $1.18B 32.6M 38.5K $0.42

Vitec Software Group Financials Summary

In Thousands,
USD
TTM 30-Sep-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018 FY 2017 31-Dec-2017
EV 1,123,573 754,463 330,289 358,935
Revenue 131,877 122,246 116,855 100,042
EBITDA 43,663 37,423 32,962 27,323
Net Income 13,751 10,802 11,139 9,293
Total Assets 240,288 202,183 186,416 154,150
Total Debt 73,468 59,585 56,882 49,605
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Vitec Software Group Executive Team (6)

Name Title Board Seat Contact Info
Lars Stenlund Ph.D Co-Founder & Chief Executive Officer
Olle Backman Chief Financial Officer
Gert Gustafsson Chief Operating Officer
Lars Eriksson Vice President, Mergers & Acquisitions
You’re viewing 4 of 6 executive team members. Get the full list »

Vitec Software Group Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Vitec Software Group Investments & Acquisitions (30)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 17-Jun-2020 000000000000000000 Business/Productivity Software 0000 00000000 00.0
00 000000 22-Apr-2020 000000000000000000 Business/Productivity Software 0000 00000000 00.0
0000 0000000000 17-Mar-2020 000000000000000000 IT Consulting and Outsourcing 0000 00000000 00.0
000000000 30-Jan-2020 000000000000000000 Publishing 0000 00000000 00.0
HK Data 17-Dec-2019 Merger/Acquisition 00.00 Database Software 0000 00000000 00.0
You’re viewing 5 of 30 investments and acquisitions. Get the full list »

Vitec Software Group Subsidiaries (14)

Company Name Industry Location Founded
Appva Business/Productivity Software Goteborg, Sweden 2011
000000000 Publishing Viby, Denmark 0000
0000000 (0000000) Business/Productivity Software Sandnes, Norway 0000
00-000000 Communication Software Odense, Denmark 0000
00 0000 Database Software Moelv, Norway 0000
You’re viewing 5 of 14 subsidiaries. Get the full list »

Vitec Software Group Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
000000000 07-Sep-2016 000000000000000000 000.00 Completed
  • 00000 00000000 000
To view Vitec Software Group’s complete exits history, request access »