Vitec Software Group AB (publ) - Stock

Vitec Software Group AB (publ) Net Income 2024

Vitec Software Group AB (publ) Net Income

391.41 M SEK

Ticker

VIT B.ST

ISIN

SE0007871363

WKN

A2ACFE

In 2024, Vitec Software Group AB (publ)'s profit amounted to 391.41 M SEK, a 15.4% increase from the 339.18 M SEK profit recorded in the previous year.

The Vitec Software Group AB (publ) Net Income history

YEARNET INCOME (undefined SEK)
2029e-
2028e-
2027e-
2026e559.07
2025e463.4
2024e391.41
2023339.18
2022244.87
2021206.94
2020160.71
2019102.17
201896.92
201779.43
201666.81
201578.19

Vitec Software Group AB (publ) Aktienanalyse

What does Vitec Software Group AB (publ) do?

The Vitec Software Group AB is a leading Scandinavian software company that specializes in providing solutions for businesses and organizations in various industries. The company was founded in 1985 and is headquartered in Uppsala, Sweden. It has become a major player in the enterprise software industry since its inception and offers a wide range of products and services to its customers. Vitec's main business model focuses on the development and implementation of enterprise software that is tailored to the specific requirements of its customers. The company offers a range of solutions, including ERP systems, CRM applications, accounting software, and other specialized software solutions. Vitec places a strong emphasis on customizing its products to meet the needs of its customers, enabling them to be best supported in achieving their goals. Vitec is divided into different business areas that offer a wide range of solutions for various industries. For example, the "Municipal" sector provides software solutions for cities and municipalities, while the "Industrial" sector focuses on the needs of companies in the manufacturing industry. The "Health" sector, on the other hand, offers specialized software solutions for healthcare facilities. Vitec's products are characterized by their high quality and user-friendliness. An example is the web-based ERP solution ProLine, which is suitable for both small and medium-sized companies as well as larger enterprises. ProLine is a fully integrated system that offers a range of functions including financial management, logistics, production, sales, and project management. Another example is the accounting software "Fortnox," which is specifically designed for small businesses. Fortnox provides a simple yet comprehensive accounting solution that helps companies manage their finances and meet their compliance requirements. In recent years, Vitec has also successfully invested in new technologies and now offers a range of solutions that support the digitalization and automation of business processes. One example is the solution "Optiqo," which was developed specifically for the cleaning industry and enables automated monitoring of cleaning processes. Last but not least, Vitec has also focused on the development of cloud-based software solutions in recent years. The company offers its customers the opportunity to host their software in the cloud, which increases scalability and flexibility and reduces IT costs. In summary, the Vitec Software Group AB is a leading Scandinavian software company specializing in providing enterprise software since 1985. The company offers a wide range of solutions tailored to the specific requirements of its customers and focuses on various industries. Vitec's products are characterized by their high quality and user-friendliness, and the company continuously invests in new technologies to successfully support its customers in the digitalization of their business processes. Vitec Software Group AB (publ) ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Vitec Software Group AB (publ)'s Profit Margins

The profit margins of Vitec Software Group AB (publ) represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Vitec Software Group AB (publ)'s financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Vitec Software Group AB (publ)'s profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Vitec Software Group AB (publ)'s profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Vitec Software Group AB (publ)’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Vitec Software Group AB (publ) Stock

How much profit has Vitec Software Group AB (publ) made this year?

Vitec Software Group AB (publ) has made 391.41 M SEK this year.

How has the profit developed compared to last year?

The profit has increased by 15.4% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Vitec Software Group AB (publ) publish its earnings?

Vitec Software Group AB (publ) publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Vitec Software Group AB (publ)?

The profits of Vitec Software Group AB (publ) are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Vitec Software Group AB (publ)?

You can learn more about the earnings of Vitec Software Group AB (publ) by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Vitec Software Group AB (publ) pay?

Over the past 12 months, Vitec Software Group AB (publ) paid a dividend of 2.21 SEK . This corresponds to a dividend yield of about 0.39 %. For the coming 12 months, Vitec Software Group AB (publ) is expected to pay a dividend of 2.33 SEK.

What is the dividend yield of Vitec Software Group AB (publ)?

The current dividend yield of Vitec Software Group AB (publ) is 0.39 %.

When does Vitec Software Group AB (publ) pay dividends?

Vitec Software Group AB (publ) pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Vitec Software Group AB (publ)?

Vitec Software Group AB (publ) paid dividends every year for the past 0 years.

What is the dividend of Vitec Software Group AB (publ)?

For the upcoming 12 months, dividends amounting to 2.33 SEK are expected. This corresponds to a dividend yield of 0.42 %.

In which sector is Vitec Software Group AB (publ) located?

Vitec Software Group AB (publ) is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Vitec Software Group AB (publ) kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Vitec Software Group AB (publ) from 12/30/2024 amounting to 0.75 SEK, you needed to have the stock in your portfolio before the ex-date on 12/19/2024.

When did Vitec Software Group AB (publ) pay the last dividend?

The last dividend was paid out on 12/30/2024.

What was the dividend of Vitec Software Group AB (publ) in the year 2023?

In the year 2023, Vitec Software Group AB (publ) distributed 1.91 SEK as dividends.

In which currency does Vitec Software Group AB (publ) pay out the dividend?

The dividends of Vitec Software Group AB (publ) are distributed in SEK.

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Andere Kennzahlen von Vitec Software Group AB (publ)

Our stock analysis for Vitec Software Group AB (publ) Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Vitec Software Group AB (publ) Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.