Observit Overview

  • Year Founded
  • 1996

Year Founded

  • Status
  • Public

  • Employees
  • 21

Employees

  • Stock Symbol
  • OBSE

Stock Symbol

  • Investments
  • 2

  • Share Price
  • $0.04
  • (As of Friday Closing)

Observit General Information

Description

Observit AB is the market leader in the Nordics when it comes to mobile video surveillance in public transport. The company provides software as a cloud service, and a Software as a Service (SaaS) solution, and currently has approximately 38,000 licenses (one license per security camera) connected worldwide. The customer base includes large, well-known bus operators such as Nobina, Keolis, and Arriva and other transport-heavy customers such as Elis. Observit wants to become the leading global brand for mobile video solutions in the transport sector.

Contact Information

Website
www.observit.com
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • Heffners Allé 52
  • 856 33 Sundsvall
  • Sweden
+46 060-14
Primary Industry
Logistics
Other Industries
Other Commercial Services
Stock Exchange
STO
Vertical(s)
Industrials, TMT
Corporate Office
  • Heffners Allé 52
  • 856 33 Sundsvall
  • Sweden
+46 060-14

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Observit Stock Performance

As of 14-Mar-2025, Observit’s stock price is $0.04. Its current market cap is $23.5M with 549M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.04 $0.04 $0.01 - $0.06 $23.5M 549M 1.96M

Observit Financials Summary

As of 31-Dec-2024, Observit has a trailing 12-month revenue of $5.59M.

In Thousands,
USD 		TTM 31-Dec-2024 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 22,231 22,231 7,330
Revenue 5,594 5,594 4,365 3,614
EBITDA 709 709 448 491
Net Income 58 58 (93) 106
Total Assets 4,636 4,636 3,607 4,472
Total Debt 174 174 0 0
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Observit Valuation & Funding

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

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Observit Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Observit AB is the market leader in the Nordics when it comes to mobile video surveillance in public transport. The comp
Logistics
Sundsvall, Sweden
21 As of 2024

Beijing, China
 

Hoofddorp, Netherlands
 
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Observit Competitors (2)

One of Observit’s 2 competitors is Shanghai Dahua, a Corporation company based in Beijing, China.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Shanghai Dahua Corporation Beijing, China
Hikvision Europe Corporation Hoofddorp, Netherlands
You’re viewing 2 of 2 competitors. Get the full list »

Observit Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Observit Acquisitions (2)

Observit’s most recent deal was a Merger/Acquisition with Icanprove.it. The deal was made on 17-May-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Icanprove.it 17-May-2022 Merger/Acquisition Automotive
Sitoc 17-May-2022 Merger/Acquisition IT Consulting and Outsourcing
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Observit Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Icanprove.it Crawley, United Kingdom 2014
Sitoc Crawley, United Kingdom 2004

Observit FAQs

  • When was Observit founded?

    Observit was founded in 1996.

  • Where is Observit headquartered?

    Observit is headquartered in Sundsvall, Sweden.

  • What is the size of Observit?

    Observit has 21 total employees.

  • What industry is Observit in?

    Observit’s primary industry is Logistics.

  • Is Observit a private or public company?

    Observit is a Public company.

  • What is Observit’s stock symbol?

    The ticker symbol for Observit is OBSE.

  • What is the current stock price of Observit?

    As of 14-Mar-2025 the stock price of Observit is $0.04.

  • What is the current market cap of Observit?

    The current market capitalization of Observit is $23.5M.

  • What is Observit’s current revenue?

    The trailing twelve month revenue for Observit is $5.59M.

  • Who are Observit’s competitors?

    Shanghai Dahua and Hikvision Europe are competitors of Observit.

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