Exsitec Holding AB

Exsitec Holding AB has a debt-to-equity ratio of 0.43, indicating a relatively conservative capital structure with a moderate reliance on debt financing. The company's liquidity position is characterized as medium, with a current ratio of 1.04, suggesting that it has just enough current assets to cover its current liabilities. However, the company's net cash position is negative after subtracting total debt, which could pose a liquidity risk if not managed effectively.

In terms of profitability, Exsitec's return on equity (ROE) is 5.91%, and its return on assets (ROA) is 3.07%. These figures are below the industry median for IT Services & Consulting, indicating that the company is underperforming its peers in terms of generating returns from its equity and assets. The company's operating margin, calculated as operating income divided by revenue, is 17.6%, which is a strong indicator of its ability to control operating costs.

Geographically, Exsitec's revenue is concentrated in the Nordic region, with a significant portion derived from Sweden. The company's exposure to this region makes it susceptible to local economic conditions and regulatory changes. There is no detailed breakdown of revenue by business segment in the provided data, but the company's primary business activity is IT services, which includes software development and system integration.

Looking at the company's growth trajectory, Exsitec has reported a revenue of 210.7 million SEK. While the data does not provide a multi-year revenue history, the company's free cash flow of 38.1 million SEK suggests that it is generating sufficient cash to support operations and potentially fund growth initiatives. The company's capital expenditure of -5.8 million SEK indicates that it is not investing heavily in new capital assets, which could be a sign of a mature business or a focus on cost efficiency.

The risk assessment for Exsitec highlights a medium liquidity risk and a low dilution risk. The company's net cash position is negative after subtracting total debt, which could affect its ability to meet short-term obligations. However, the dilution risk is low, as there is no indication of significant share issuance or dilution potential in the near term. The company's financial structure and risk profile suggest that it is managing its capital and liquidity with a moderate level of risk.

Recent events and disclosures for Exsitec include analyst estimates that are relatively uniform, with a mean price target of 158.00 SEK and a mean recommendation of 2.00, indicating a generally positive outlook from analysts. The company has not issued any recent press releases or filed any notable regulatory documents that would significantly impact its financial position or strategic direction.

Revenue grew 18.1% annually over four years, demonstrating strong top-line expansion momentum for the company.

Operating margins of 17.6% significantly exceed the 5.1% industry median, indicating superior profitability relative to peers.

Analysts project 58% upside to a target price of 158 SEK, reflecting strong market confidence in future performance.

Free cash flow surged 102.8% year-over-year, highlighting exceptional improvements in cash generation capabilities.

Net income grew 20.9% annually over four years, outpacing revenue growth and showing effective cost management.

The company faces high credit risk, signaling potential vulnerabilities in its financial stability or counterparty exposure.

Debt-to-equity ratio of 0.43 is significantly higher than the 0.12 industry median, indicating elevated leverage.

Medium liquidity risk suggests potential challenges in meeting short-term obligations or managing cash flow volatility.

Long-term debt increased substantially in FY-1, raising concerns about future interest burdens and financial flexibility.

Revenue kr 237.9M, −0,9% YoY; Operating income +21,1% YoY.

• ▍Revenue kr 237.9M, −0,9% YoY
• ▍Operating income +21,1% YoY
• ▍Net income +20,4% YoY
• ▍Free cash flow +14,4% YoY
• ▍Net margin 13.8%

Revenue kr 239.3M, +5,5% YoY; Operating income +61,9% YoY.

• ▍Revenue kr 239.3M, +5,5% YoY
• ▍Operating income +61,9% YoY
• ▍Net income +97,0% YoY
• ▍Free cash flow +995,8% YoY
• ▍Net margin 10.5%

Revenue kr 187.6M, +16,4% YoY; Operating income +1 309,0% YoY.

• ▍Revenue kr 187.6M, +16,4% YoY
• ▍Operating income +1 309,0% YoY
• ▍Net income +364,5% YoY
• ▍Free cash flow +140,3% YoY
• ▍Net margin 5.3%

Revenue kr 228.1M, +8,2% YoY; Operating income −3,4% YoY.

• ▍Revenue kr 228.1M, +8,2% YoY
• ▍Operating income −3,4% YoY
• ▍Net income −10,2% YoY
• ▍Free cash flow −59,0% YoY
• ▍Net margin 10.3%

Revenue kr 240.0M; Operating income kr 37.0M.

• ▍Revenue kr 240.0M
• ▍Operating income kr 37.0M
• ▍Net margin 11.4%

Revenue kr 226.8M; Operating income kr 21.1M.

• ▍Revenue kr 226.8M
• ▍Operating income kr 21.1M
• ▍Net margin 5.6%

Revenue kr 161.2M; Operating income -kr 1.4M.

• ▍Revenue kr 161.2M
• ▍Operating income -kr 1.4M
• ▍Net margin -2.3%

Revenue kr 210.7M; Operating income kr 37.1M.

• ▍Revenue kr 210.7M
• ▍Operating income kr 37.1M
• ▍Net margin 12.5%

Revenue kr 894.9M, +10,3% YoY; Operating income +37,9% YoY.

• ▍Revenue kr 894.9M, +10,3% YoY
• ▍Operating income +37,9% YoY
• ▍Net income +45,3% YoY
• ▍Free cash flow +102,8% YoY
• ▍Net margin 9.6%

Revenue kr 811.3M, +8,0% YoY; Operating income −10,9% YoY.

• ▍Revenue kr 811.3M, +8,0% YoY
• ▍Operating income −10,9% YoY
• ▍Net income −16,5% YoY
• ▍Free cash flow −27,6% YoY
• ▍Net margin 7.3%

Revenue kr 751.3M, +14,4% YoY; Operating income +27,3% YoY.

• ▍Revenue kr 751.3M, +14,4% YoY
• ▍Operating income +27,3% YoY
• ▍Net income +26,2% YoY
• ▍Free cash flow +17,0% YoY
• ▍Net margin 9.4%

Revenue kr 656.6M, +42,7% YoY; Operating income +41,9% YoY.

• ▍Revenue kr 656.6M, +42,7% YoY
• ▍Operating income +41,9% YoY
• ▍Net income +39,5% YoY
• ▍Free cash flow +63,6% YoY
• ▍Net margin 8.5%