Seamless Distribution Systems AB supplies business-critical service platforms for payment services, solutions for digital sales, and, with the acquisition of Riaktor, also BI and analytics services, particularly for operators. Target markets include emerging markets in Asia and Africa, but also Europe and the Nordics.
We are Seamless
Seamless Distribution Systems (SDS) is a global technology leader in fintech, delivering end-to-end software platforms for electronic transactions and digitalization of supply chain. The company is headquartered in Sweden and listed on Nasdaq First North Premier (ticker: SDS). SDS has a global presence in over 50 countries with a focus on emerging markets in Africa, the Americas, Asia and the Middle East.
With over 30 years of experience and closeness to customers, SDS consistently delivers process efficiency and operational excellence. We enable customers to move digital value by facilitating value chain management through an extensive portfolio of scalable solutions.
The proprietary transaction switch platform, ERS 360°, is a multi-access electronic transaction platform that hosts high performance solutions for trade partners, distributors, telecom operators and service providers to drive revenue growth and optimize operations. SDS’ cross-functional teams based in Sweden, France, Romania, Belgium, Ghana, Indonesia, South Africa, Singapore, Pakistan, India and the UAE provide support to customers globally.
Company Presentation:
Growth is a key word in the business, but cost-effectiveness is evident in many aspects, and the result is exceptionally positive even for a growth company. Looking at P/E ratios, SDS is expensive, but the P/S ratio is then considerably more moderate in terms of valuation.
Q2, however, had weaker profitability, which created a dip in the growth story. This included M&A costs and currency fluctuations, at least according to analysts’ comments; Q3 should see a return to the right track.
Services and Products
The flagship product is the ERS 360° full-service platform.
SDS is divided into two operations, and with Riaktor, three

Financial Figures and Reports
2020 Financial Statement in Swedish
2021/Q2 Half-Year Report
Figures after YTD Q2/21; these are still presentable, even after a weaker Q2.
Analyst Coverage:
Redeye initiation of coverage, public materials
Redeye Q2/2021 update
Analystgruppen







