Sitowise reminded us with their Q1 results; my own monitoring has been poor lately, so it’s better if I don’t comment: Sitowisen osavuosikatsaus Q1 2025: Suomen liiketoiminta vahvistumassa - Inderes
January-March in brief
- Revenue decreased by 6.5% to EUR 48.1 (51.5) million. At comparable exchange rates, revenue decreased by 6.6%.
- Organic revenue growth was negative, -6.3% (-7.7%).
- Adjusted EBITA was EUR 2.4 (3.4) million, or 5.1% (6.6%) of revenue.
- Operating profit decreased to EUR -0.3 (2.0) million, or -0.6% (3.8%) of revenue.
- Cash flow from operations before financial items and taxes was EUR 0.5 (5.0) million.
- Order backlog increased during the review period. Compared to a year ago, the order backlog decreased by 3.4% and was EUR 157 (163) million.
- Gearing (net debt / adjusted EBITDA) was 6.0x (3.8x).
- In the customer survey conducted at the beginning of the year, willingness to recommend remained at a good level and NPS (Net Promoter Score) was 35 (31).
And following that, a change in the CFO’s position, so nothing dramatic: Talousjohtaja Hanna Masala jättää Sitowisen lokakuun loppuun mennessä - Inderes