Fortnox AB
STO:FNOX

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Fortnox AB
STO:FNOX
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Price: 72.02 SEK -1.1% Market Closed
Market Cap: 43.9B SEK
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Fortnox AB
Net Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Fortnox AB
Net Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income CAGR 3Y CAGR 5Y CAGR 10Y
Fortnox AB
STO:FNOX
Net Income
kr677m
CAGR 3-Years
37%
CAGR 5-Years
46%
CAGR 10-Years
N/A
Sinch AB (publ)
STO:SINCH
Net Income
-kr5.9B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
BYGGFAKTA GROUP Nordic HoldCo AB
STO:BFG
Net Income
kr294m
CAGR 3-Years
54%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Lime Technologies AB (publ)
STO:LIME
Net Income
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Vitec Software Group AB (publ)
STO:VIT B
Net Income
kr590.1m
CAGR 3-Years
38%
CAGR 5-Years
36%
CAGR 10-Years
N/A
Truecaller AB
STO:TRUE B
Net Income
kr712.3m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Fortnox AB
Glance View

Market Cap
43.9B SEK
Industry
Technology

Fortnox AB, nestled in the heart of Sweden, has carved a remarkable niche in the realm of cloud-based solutions, catering predominantly to small and medium-sized enterprises (SMEs). Born out of the necessity to simplify and streamline cumbersome business processes, Fortnox offers a spectrum of software services that facilitate accounting, invoicing, payroll, and much more. At its core, the company operates on a subscription-based model, which not only ensures a steady stream of recurring revenue but also allows its customers to customize their usage based on unique business needs. This adaptability and the convenience of cloud services provide Fortnox’s clients with the freedom to manage their business affairs with unparalleled ease and efficiency, from anywhere at any time. Emphasizing integration and user-friendliness, Fortnox thrives on the principle of connectivity—partnering seamlessly with various banks and financial institutions. This interconnectedness enhances the company’s appeal as it transforms financial data management into a more streamlined, automated process, fostering greater agility for its customers. By continuously evolving its product offerings and incorporating cutting-edge technological advancements, Fortnox ensures it remains at the forefront of innovation within the crowded financial technology sector. As businesses increasingly migrate to digital platforms, Fortnox cleverly positions itself as more than just a service provider; it becomes an indispensable partner in the digital transformation journey, effectively creating an ecosystem that encourages growth and innovation for SMEs across Sweden and beyond.

FNOX Intrinsic Value
41.27 SEK
Overvaluation 43%
Intrinsic Value
Price

See Also

What is Fortnox AB's Net Income?
Net Income
677m SEK

Based on the financial report for Dec 31, 2023, Fortnox AB's Net Income amounts to 677m SEK.

What is Fortnox AB's Net Income growth rate?
Net Income CAGR 5Y
46%

Over the last year, the Net Income growth was 50%. The average annual Net Income growth rates for Fortnox AB have been 37% over the past three years , 46% over the past five years .

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