Vitec Software Group Overview

  • Founded
  • 1985

Founded
  • Status
  • Public

  • Employees
  • 1,050

Employees
  • Stock Symbol
  • VIT B

Stock Symbol
  • Investments
  • 41

  • Share Price
  • $44.76

  • (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
Business/Productivity Software
Stock Exchange
STO
Primary Office
  • Tvistevägen 47 A
  • 907 29 Umea
  • Sweden
+46 090-15 00 00

Vitec Software Group Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth

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Vitec Software Group Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$44.76 $45.01 $35.82 - $66.64 $1.57B 35M 41.6K $0.76

Vitec Software Group Financials Summary

In Thousands,
USD
TTM 31-Mar-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 1,910,942 2,224,617 1,417,362 754,463
Revenue 186,348 182,969 142,381 122,246
EBITDA 69,334 66,084 49,538 37,423
Net Income 25,920 24,097 17,430 10,802
Total Assets 435,935 414,570 269,018 202,183
Total Debt 82,342 96,550 75,180 59,585
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Vitec Software Group Valuation & Funding

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

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Vitec Software Group Executive Team (11)

Name Title Board Seat Contact Info
Olle Backman Chief Executive Officer
Sara Nilsson Chief Financial Officer
Gert Gustafsson Chief Operating Officer
Jerker Vallbo Chief Information Officer & Chief Technology Officer
Lars Stenlund Ph.D Co-Founder & Chairman of Supervisory Board
You’re viewing 5 of 11 executive team members. Get the full list »

Vitec Software Group Board Members (1)

Name Representing Role Since
0000 00000000 00.0 Vitec Software Group Co-Founder & Chairman of Supervisory Board 000 0000
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Vitec Software Group 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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Vitec Software Group Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Vitec Software Group Investments & Acquisitions (41)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000000 0000 17-Jun-2022 0000000000 Financial Software 0000 0000
000000000 000 04-May-2022 0000000000 Hotels and Resorts 0000 0000
000000 20-Sep-2021 00000 0000 00.000 Business/Productivity Software
0000 10-Sep-2021 0000000000 Business/Productivity Software 0000 0000
Ecclesia Systemer 08-Sep-2021 Merger/Acquisition Business/Productivity Software 0000 0000
You’re viewing 5 of 41 investments and acquisitions. Get the full list »

Vitec Software Group Subsidiaries (12)

Company Name Industry Location Founded
Appva Other Healthcare Technology Systems Gothenburg, Sweden 2011
000000000 Media and Information Services (B2B) Viby, Denmark 0000
000 000000000 0000 Business/Productivity Software Oslo, Norway 0000
000000000 00000000 Business/Productivity Software Gothenburg, Sweden 0000
0000000 Business/Productivity Software Oulu, Finland 0000
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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
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