
Fortnox AB
STO:FNOX

Fortnox AB
Operating Income
Fortnox AB
Operating Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Operating Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Fortnox AB
STO:FNOX
|
Operating Income
kr877m
|
CAGR 3-Years
41%
|
CAGR 5-Years
38%
|
CAGR 10-Years
N/A
|
|
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Sinch AB (publ)
STO:SINCH
|
Operating Income
kr206m
|
CAGR 3-Years
-14%
|
CAGR 5-Years
-12%
|
CAGR 10-Years
N/A
|
|
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BYGGFAKTA GROUP Nordic HoldCo AB
STO:BFG
|
Operating Income
kr305m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Lime Technologies AB (publ)
STO:LIME
|
Operating Income
kr134.3m
|
CAGR 3-Years
21%
|
CAGR 5-Years
21%
|
CAGR 10-Years
N/A
|
|
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Vitec Software Group AB (publ)
STO:VIT B
|
Operating Income
kr814.3m
|
CAGR 3-Years
42%
|
CAGR 5-Years
41%
|
CAGR 10-Years
N/A
|
|
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Truecaller AB
STO:TRUE B
|
Operating Income
kr632.1m
|
CAGR 3-Years
19%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Fortnox AB
Glance View
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.

See Also
What is Fortnox AB's Operating Income?
Operating Income
877m
SEK
Based on the financial report for Dec 31, 2024, Fortnox AB's Operating Income amounts to 877m SEK.
What is Fortnox AB's Operating Income growth rate?
Operating Income CAGR 5Y
38%
Over the last year, the Operating Income growth was 30%. The average annual Operating Income growth rates for Fortnox AB have been 41% over the past three years , 38% over the past five years .