Vitec Software Group AB (publ)
STO:VIT B

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Vitec Software Group AB (publ)
STO:VIT B
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Price: 533 SEK 0.47%
Market Cap: 20B SEK
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Vitec Software Group AB (publ)
Accounts Payable

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Vitec Software Group AB (publ)
Accounts Payable Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accounts Payable CAGR 3Y CAGR 5Y CAGR 10Y
Vitec Software Group AB (publ)
STO:VIT B
Accounts Payable
kr57.3m
CAGR 3-Years
18%
CAGR 5-Years
7%
CAGR 10-Years
N/A
Sinch AB (publ)
STO:SINCH
Accounts Payable
kr1.4B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
BYGGFAKTA GROUP Nordic HoldCo AB
STO:BFG
Accounts Payable
kr39m
CAGR 3-Years
-1%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Lime Technologies AB (publ)
STO:LIME
Accounts Payable
kr10.2m
CAGR 3-Years
5%
CAGR 5-Years
12%
CAGR 10-Years
N/A
Truecaller AB
STO:TRUE B
Accounts Payable
kr46.1m
CAGR 3-Years
72%
CAGR 5-Years
31%
CAGR 10-Years
N/A
Fortnox AB
STO:FNOX
Accounts Payable
kr45m
CAGR 3-Years
38%
CAGR 5-Years
26%
CAGR 10-Years
N/A
No Stocks Found

Vitec Software Group AB (publ)
Glance View

Market Cap
21.2B SEK
Industry
Technology

Vitec Software Group AB (publ) stands as an intriguing exemplar within the Nordic IT sector, representing a unique narrative of growth through strategic specialization. Born in Sweden, the company has adeptly navigated through the bustling world of enterprise software by focusing on niche markets that are vital but often underserved. Unlike tech behemoths that offer all-encompassing solutions, Vitec has carved out its success by honing in on vertical market software. These tailored solutions span diverse industries such as healthcare, real estate, automotive, and education, each demanding specific functionalities and intricate systems that off-the-shelf products typically fail to address. The company's revenue model revolves around its stable of subscription-based services, an approach that not only ensures a steady stream of income but also fosters long-term client relationships. This model accentuates a commitment to evolving with their clients' needs through regular updates and essential support services. By embedding themselves deeply into the operational fabric of their clients’ businesses, Vitec becomes integral to their day-to-day functions, thus significantly decreasing customer churn. This strategic orientation toward recurring revenue rather than one-time sales creates predictability in financial performance—an appealing characteristic in the volatile tech landscape. In essence, Vitec's journey demonstrates not just technological acumen, but a disciplined business strategy that prioritizes sustainable growth and resiliency.

VIT B Intrinsic Value
498.44 SEK
Overvaluation 6%
Intrinsic Value
Price

See Also

What is Vitec Software Group AB (publ)'s Accounts Payable?
Accounts Payable
57.3m SEK

Based on the financial report for Dec 31, 2023, Vitec Software Group AB (publ)'s Accounts Payable amounts to 57.3m SEK.

What is Vitec Software Group AB (publ)'s Accounts Payable growth rate?
Accounts Payable CAGR 5Y
7%

Over the last year, the Accounts Payable growth was 1%. The average annual Accounts Payable growth rates for Vitec Software Group AB (publ) have been 18% over the past three years , 7% over the past five years .

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