Nitro Software (NTO.AX) Stock Price

Nitro Software Price

Delisted

Revenue has compounded at 16.2% per year over the past 4 years to 50.85 M USD. Nitro Software's net margin stands at -42.6%, down from -39.5% several years earlier.

Nitro Software stock price

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Stock Price

How to Read This Chart

This chart tracks the historical stock price of Nitro Software over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Nitro Software stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Nitro Software's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Nitro Software Stock Price History
DateNitro Software Price
Access this data via the Eulerpool API

Nitro Software Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
35.67 M USD
-6.99 M USD
-7.93 M USD
Jan 1, 2020
40.20 M USD
-7.13 M USD
-7.54 M USD
Jan 1, 2021
50.85 M USD
-19.51 M USD
-21.68 M USD
Jan 1, 2022 (e)
68.01 M USD
-25.68 M USD
-20.98 M USD
Jan 1, 2023 (e)
78.58 M USD
-19.03 M USD
-13.86 M USD
Jan 1, 2024 (e)
92.41 M USD
-12.79 M USD
-9.16 M USD
Jan 1, 2025 (e)
107.28 M USD
-8.46 M USD
-6.90 M USD
Jan 1, 2026 (e)
126.21 M USD
-10.71 M USD
-5.60 M USD

Nitro Software Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 7, 2026, 12:12 AM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
201720182019202020212022e2023e2024e2025e2026e2027e
27.0032.0035.0040.0050.0068.0078.0092.00107.00126.00147.00
18.529.3814.2925.0036.0014.7117.9516.3017.7616.67
88.8987.5091.4390.0092.0092.0092.0092.0092.0092.0092.00
24.0028.0032.0036.0046.0062.5671.7684.6498.44115.92135.24
-10.00-3.00-6.00-7.00-19.00-25.00-19.00-12.00-8.00-10.00-4.00
-37.04-9.38-17.14-17.50-38.00-36.76-24.36-13.04-7.48-7.94-2.72
-11.00-5.00-7.00-7.00-21.00-20.00-13.00-9.00-6.00-5.00
-54.5540.00200.00-4.76-35.00-30.77-33.33-16.67
381.13381.13190.57190.83196.51196.51196.51196.51196.51196.51196.51
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Nitro Software generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Nitro Software retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Nitro Software's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Nitro Software has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Nitro Software's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Nitro Software stock margins

The Nitro Software margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Nitro Software. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Nitro Software.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
86.97 %
-37.25 %
-39.54 %
Jan 1, 2018
88.13 %
-10.87 %
-17.03 %
Jan 1, 2019
89.77 %
-19.60 %
-22.23 %
Jan 1, 2020
90.60 %
-17.73 %
-18.76 %
Jan 1, 2021
92.14 %
-38.36 %
-42.64 %
Jan 1, 2022 (e)
92.14 %
-37.75 %
-30.85 %
Jan 1, 2023 (e)
92.14 %
-24.22 %
-17.64 %
Jan 1, 2024 (e)
92.14 %
-13.83 %
-9.92 %

Nitro Software Stock Revenue, EBIT, Earnings per Share

The Nitro Software earnings per share therefore indicates how much revenue Nitro Software has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
0.07 USD
-0.03 USD
-0.03 USD
Jan 1, 2018
0.09 USD
-0.01 USD
-0.01 USD
Jan 1, 2019
0.19 USD
-0.04 USD
-0.04 USD
Jan 1, 2020
0.21 USD
-0.04 USD
-0.04 USD
Jan 1, 2021
0.26 USD
-0.10 USD
-0.11 USD
Jan 1, 2022 (e)
0.35 USD
-0.13 USD
-0.11 USD
Jan 1, 2023 (e)
0.40 USD
-0.10 USD
-0.07 USD
Jan 1, 2024 (e)
0.47 USD
-0.07 USD
-0.05 USD

Nitro Software business model & stock analysis

Nitro Software Ltd is a global technology company specializing in optimizing digital workflows. It was founded in Melbourne, Australia in 2005 and has since become a significant player in the software industry. Nitro Software has offices in the USA, Europe, and Asia and is known for its innovative and user-friendly products. Geschäftsmodell: Nitro Software's business model is based on developing products that help companies optimize their workflows and increase productivity. The company offers a wide range of solutions, including PDF document management, electronic signatures, workflow automation, and data analysis. Nitro Software caters to customers of all sizes, from small businesses to large corporations, and provides both cloud-based and on-premises software solutions. Geschichte: Nitro Software was founded in 2005 by Sam Chandler, who was 23 years old at the time. Chandler recognized the potential of PDF files as a cross-platform file format and began working on a PDF software that would be simpler and more user-friendly than existing programs. The first version of Nitro PDF was released in 2006 and quickly received positive reviews. Since then, the company has expanded its range of products and services and has become a major global player. Produkte und Dienstleistungen: Nitro Software offers a wide range of products and services that focus on various aspects of digital workflows. Here are some examples: Nitro Pro - PDF software that allows users to create, edit, and convert PDF files. Nitro Sign - An application for electronic document signing, available on various platforms including iOS and Android. Nitro Analytics - A data analysis platform that enables companies to better understand their business processes and customer relationships. Nitro Cloud - A cloud-based solution for PDF management that allows users to create, edit, and share PDF files online. Nitro Software places great emphasis on customer-oriented solutions and constantly works to improve and expand its range of products and services. Zusammenfassung: Nitro Software is a global technology company headquartered in Melbourne, Australia. It was founded in 2005 and specializes in developing solutions for optimizing digital workflows. Nitro offers a wide range of products and services focusing on PDF document management, electronic signatures, workflow automation, and data analysis. The company prioritizes user-oriented solutions and continuously strives to improve and expand its offerings. With offices worldwide and a strong focus on service and customer support, Nitro Software is a major player in the software industry and is expected to continue playing a central role in the future.

Nitro Software SWOT Analysis

Strengths

Nitro Software Ltd has a strong market presence and brand recognition due to its leading position in the document productivity software market. The company offers a comprehensive suite of easy-to-use digital document solutions, which appeal to a wide range of users.

Nitro Software Ltd's innovative and intuitive software solutions provide significant value to its customers, increasing their productivity and efficiency in handling digital documents. This competitive advantage differentiates the company from its peers.

Weaknesses

One weakness Nitro Software Ltd faces is its heavy reliance on a single product line, document productivity software. This lack of diversification exposes the company to potential risks associated with changes in market demand or advancements in technology.

Additionally, Nitro Software Ltd may face challenges in expanding its customer base beyond its current target market, which primarily consists of businesses and professionals requiring document management solutions.

Opportunities

The increasing digitalization of workflows across various industries presents an opportunity for Nitro Software Ltd to further penetrate the market and expand its customer base. By offering tailored solutions for specific industries, such as legal, finance, or education, the company can leverage its expertise and gain a competitive advantage.

Furthermore, strategic partnerships and collaborations with other technology providers can enable Nitro Software Ltd to enhance its product offerings and tap into new markets. By integrating its solutions with popular cloud storage platforms or collaboration tools, the company can provide seamless and integrated document management solutions.

Threats

One major threat Nitro Software Ltd faces is the intense competition in the document productivity software market. The presence of well-established competitors and the emergence of new startups offering similar solutions pose a challenge to the company's market share and growth.

Additionally, rapid technological advancements and changes in user preferences may require Nitro Software Ltd to continuously invest in research and development to stay ahead of the curve. Failure to keep up with evolving trends may result in losing market relevance and customer satisfaction.

Nitro Software Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Nitro Software historical P/E ratio, EBIT multiple, and P/S ratio

Nitro Software annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Nitro Software shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
381.13 M Stocks
Jan 1, 2018
381.13 M Stocks
Jan 1, 2019
190.57 M Stocks
Jan 1, 2020
190.83 M Stocks
Jan 1, 2021
196.51 M Stocks
Jan 1, 2022 (e)
196.51 M Stocks
Jan 1, 2023 (e)
196.51 M Stocks
Jan 1, 2024 (e)
196.51 M Stocks
Price targets and forecasts for Nitro Software are not yet available.

Nitro Software Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
1/28/2024-0.03USD-41.74 MUSD-2023 Q4
8/28/2023-0.04USD-38.19 MUSD-2023 Q2
2/22/2023-0.05USD-35.51 MUSD-2022 Q4
8/29/2022-0.05USD-33.19 MUSD-2022 Q2
2/24/2022-0.03USD-27.20 MUSD-2021 Q4

Nitro Software shareholder structure

% Name
66.40195%
Technology Growth Capital Pty. Ltd.
Technology Growth Capital Pty. Ltd.
16.82400%
Rocket BidCo Pty. Ltd.
Rocket BidCo Pty. Ltd.
8.96901%
Mitsubishi UFJ Financial Group Inc
Mitsubishi UFJ Financial Group Inc
5.91197%
Australian Ethical Investment Ltd.
Australian Ethical Investment Ltd.
5.52276%
Samson Rock Capital LLP
Samson Rock Capital LLP
5.19719%
Thorney Investment Group
Thorney Investment Group

Nitro Software Beneficial Ownership Filings (SEC 13D/G)

Free Float
3.0%
Float Shares
-
Shares Outstanding
-

Nitro Software Executives and Management Board

16 members · avg. age 48 · 31 % women

SC

Mr. Samuel Chandler

Chief Executive Officer, Executive Director · since 2010

532,705.00 USD

Management

AS

Ms. Ana Sirbu

Chief Financial Officer

124,749.00 USD
GO

Ms. Gina Oreilly

Chief Operating Officer

MF

Mr. Mark Flannagan

Senior Vice President, Global Sales

MR

Ms. Maria Robinson

Chief Marketing Officer

DO

Mr. David Odonoghue

Vice President, Engineering

ST

Mr. Sam Thorpe

Chief Product Officer

Board of Directors

KJ

Mr. Kurt Johnson

Executive Chairman · since 2020

356,731.00 USD
RW

Mr. Richard Wenzel

Non-Executive Director

179,821.00 USD
LH

Ms. Lisa Ray Hennessy

Lead Independent Non-Executive Director

78,840.00 USD
SM

Ms. Sarah Morgan (50)

Non-Executive Independent Director

78,840.00 USD
JD

Mr. John Dyson

Non-Executive Director

61,200.00 USD
MB

Mr. Michael Brown (49)

Non-Executive Director

57,600.00 USD

Frequently asked questions about Nitro Software

The business model of Nitro Software Ltd revolves around providing innovative software solutions for document productivity. Nitro offers a comprehensive range of powerful PDF productivity and eSigning tools that help individuals and businesses streamline workflows, collaborate efficiently, and digitize document processes. By offering a user-friendly interface and robust features, Nitro Software aims to empower users to work smarter and faster with their digital documents. With a focus on productivity and cost-effectiveness, Nitro Software has established itself as a leader in the document productivity space.

Nitro Software Ltd is primarily active in the software industry.

The main competitors of Nitro Software Ltd in the market are Adobe Inc., Foxit Software Inc., and DocuSign Inc. These companies also provide software solutions for document management, editing, and signing. However, Nitro Software Ltd differentiates itself through its user-friendly interface, affordable pricing plans, and robust features such as advanced PDF editing and collaboration tools. Nitro Software Ltd continues to innovate and expand its product offerings, aiming to maintain its competitive edge in the market.

Nitro Software Ltd is an Australian-based company that specializes in document productivity software. Established in 2005, Nitro Software began as a provider of PDF solutions for individuals and businesses. Over the years, it has emerged as a leading force in the document management industry. Nitro Software's product portfolio includes Nitro Pro, a comprehensive PDF editor, and Nitro Sign, an e-signature solution, among others. With millions of users worldwide, Nitro Software has gained recognition for its user-friendly interface, innovative features, and commitment to providing efficient document solutions. Over the years, the company has grown in prominence, attracting investors and expanding its global reach.

Nitro Software Ltd has achieved several significant milestones since its inception. Firstly, the company successfully launched its flagship product, Nitro Pro, which quickly gained popularity among individuals and businesses globally. Nitro Software Ltd also secured partnerships with major technology companies, enhancing its market presence and expanding its customer base. In addition, the company consistently received industry recognition for its innovative software solutions, earning accolades such as the Deloitte Technology Fast 50 Award. Furthermore, Nitro Software Ltd went public on the Australian Securities Exchange (ASX) in 2019, marking a major milestone in its growth journey. These achievements illustrate the company's dedication to delivering high-quality software solutions and its commitment to driving innovation in the industry.

Nitro Software Ltd is primarily present in various countries and regions across the globe. They have a strong presence in North America, including the United States and Canada, as well as in Europe, with a focus on the United Kingdom, Germany, France, and Spain. Additionally, Nitro Software Ltd has expanded its operations in the Asia Pacific region, particularly in Australia and New Zealand. With its commitment to providing innovative document productivity solutions, Nitro Software Ltd continues to broaden its reach in other countries and regions worldwide, solidifying its position as a leading player in the industry.

Nitro Software Ltd represents a commitment to innovation, efficiency, and productivity in the software industry. The company values teamwork, customer satisfaction, and a focus on delivering exceptional solutions for businesses and individuals. With a strong corporate philosophy centered around empowering and enabling people to work smarter and faster, Nitro Software Ltd aims to provide user-friendly and intuitive software tools that streamline document workflows. By continuously striving for excellence and embracing technological advancements, Nitro Software Ltd remains dedicated to driving digital transformation and revolutionizing the way professionals collaborate and create documents efficiently.

12 analysts currently rate the Nitro Software stock: 0 recommend buying, 8 holding and 4 selling.

The Nitro Software share (NTO.AX) is listed on 2 stock exchanges, including: Frankfurt (3QU.F), ASX (NTO.AX).

Nitro Software Ltd is a globally operating software company that offers a wide range of digital solutions to its customers. The company's business model is based on the development and marketing of products tailored to the needs of businesses, individuals, and public institutions. The main divisions of Nitro Software's business model can be divided into two areas: document management and electronic signatures. In the document management area, Nitro Software offers various software solutions. Nitro Pro is a powerful tool for creating, editing, and converting PDF files. With Nitro Sign, users can digitally sign PDF documents and store them in the cloud. Additionally, Nitro Software offers the Nitro Productivity Suite, a comprehensive solution with over 12 integrated tools to improve productivity and team collaboration. In the electronic signatures area, Nitro Software has rebranded its brand as Nitro Sign and offers its customers a secure and user-friendly tool for creating and managing digital signatures. Customers can easily and quickly sign and share contracts, approvals, forms, and other documents through the cloud. Nitro Sign is compatible with various cloud solutions such as Google Drive, Dropbox, and Microsoft OneDrive. Another important element of Nitro Software's business model is the distribution of its products to customers in various markets around the world. The company has expanded its activities primarily in North America, Europe, and Asia. With a focus on the US market, Nitro Software has its headquarters in San Francisco and additional offices in Dublin and Melbourne. The company also has a strong presence on digital platforms and social media. With a variety of video tutorials, online training, and customer support, Nitro Software provides comprehensive, effective, and reliable support to its users. In addition to its products and services, Nitro Software has also established partnerships with other leading companies in the industry. Through strategic partnerships with companies such as Salesforce, Google, and Dropbox, Nitro Software has expanded its range of products and services and extended its reach to other businesses. Overall, Nitro Software's business model is characterized by a clear focus on meeting the needs of its customers, providing innovative solutions tailored to their specific requirements. The combination of top-quality products, excellent customer service, and strong partnerships has contributed to Nitro Software becoming one of the leading companies in the industry.

The revenue cannot currently be calculated for Nitro Software.

The profit cannot currently be calculated for Nitro Software.

The P/E ratio cannot be calculated for Nitro Software at the moment.

The P/S cannot be calculated for Nitro Software currently.

The Eulerpool Quality Score for Nitro Software is 3/10.

The ISIN of Nitro Software is AU0000067654. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Nitro Software is A2PWV3. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Nitro Software is NTO.AX. The ticker symbol is used to trade Nitro Software shares on the stock exchange.

Nitro Software is assigned to the 'Information technology' sector.

The dividends of Nitro Software are distributed in USD.

All fundamentals and in-depth analysis of Nitro Software

Our stock analysis for Nitro Software 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 Nitro Software. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.