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Vitec Software Group AB/Skr VIT B

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About Vitec Software Group AB

Vitec Software Group AB operates within the software industry, focusing on developing and delivering business-critical application software for specific niche verticals. The company's offerings include enterprise solutions tailored for sectors such as real estate, energy, and health, emphasizing the integration of robust features to enhance operational efficiencies. Founded in 1985 and headquartered in Umeå, Sweden, Vitec has expanded its presence across the Nordic region, driving innovation and growth through strategic acquisitions. Its competitive strength lies in providing industry-specific software solutions that cater to the unique demands of its clients, maintaining relevance through continuous adaptation and customer-centric developments.
Ticker
Skr VIT B
Sector
Software & Cloud Services
Primary listing
XSTO
Employees
1,870
Headquarters
Umeå, Sweden
Website
www.vitecsoftware.com

VIT B Metrics

BasicAdvanced
kr 12B
25.80
kr 11.88
0.83
kr 3.64
1.20%

What the Analysts think about VIT B

Analyst ratings (Buy, Hold, Sell) for Vitec Software Group AB stock.
Analyst projections of the future price of Vitec Software Group AB stock.

Bulls say / Bears say

In Q3, sales rose 15% and recurring revenue grew 13%, while EBITA increased 15% and its margin held at 30%. This shows solid earnings growth alongside a large, recurring revenue base. (Vitec Software Group)
Vitec says its new Dutch acquisition, AtermIT, is the market leader in post-natal care software and is expected to add to earnings per share immediately. The deal adds a specific near-term earnings contribution to its acquisition-led growth strategy. (Nasdaq, Vitec Software Group)
Management said it has not seen customer churn specifically caused by AI, and described new AI-based competitors as targeting peripheral products rather than core systems. If Vitec embeds AI into its established products, the technology could strengthen its offering rather than displace it. (Stock Analysis)
Organic subscription growth was only 4.1% in Q3, well below the 11% growth for subscription revenue overall. Management expects organic subscription growth to remain around 4%, with limited room for price increases, making faster growth reliant on other drivers. (Vitec Software Group, Investing.com)
Net debt to EBITDA rose to 2.15 times, from 1.67 times a year earlier, mainly because of acquisitions. Further deal-making could keep leverage elevated and increase the financial risk if acquired businesses underperform. (Vitec Software Group)
Transaction-based revenue grew 23% in Q3, but management says this income depends partly on economic activity and, for Enova, volatile energy prices. A downturn or less favourable energy markets could therefore make this revenue stream less reliable than subscriptions. (Vitec Software Group, Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 26 Oct 2026.

VIT B Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

VIT B Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing VIT B

Funds
Fund name
Fund size
Skr VIT B weighting
Xtrackers MSCI Europe Small Cap£XXSC
$3.6B0.06%
Xtrackers MSCI Europe Small Cap€DX2J
$3.6B0.06%
iShares MSCI World Small Cap€IUSN
$9B0.01%
iShares MSCI World Small Cap$WSML
$9B0.01%
iShares MSCI World Small Cap£WLDS
$9B0.01%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.