AVENNasdaq StockholmInformation Technology ServicesIFRS · SEK

Avensia

Avensia is a Swedish consulting and software company focused on modern commerce and information management. It helps retailers, manufacturers, wholesalers, and distributors design and run digital commerce, order management, customer experience, product information, and supply-chain-related workflows across online and physical channels.

Revenue423m SEK
+0.2 %y/y
Operating profit (EBIT)31.7m SEK
+18.7 %y/y
EBIT margin7.5%
+1.2 ppy/y
Net income12.0m SEK
−28.6 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-1000100200300400500m SEK2020: 317 m SEK2020: EBIT 3.4 m SEK20202021: 390 m SEK2021: EBIT 23 m SEK20212022: 431 m SEK2022: EBIT -13 m SEK20222023: 414 m SEK2023: EBIT -3.4 m SEK20232024: 422 m SEK2024: EBIT 27 m SEK20242025: 423 m SEK2025: EBIT 32 m SEK202542332
RevenueOperating profit (EBIT)

Business

Share of revenue
Commerce solutions55 %

Consulting and implementation for digital commerce, e-commerce, and OMS platforms.

Information management25 %

Solutions for product, customer, supplier, and master data management.

Customer experience services10 %

Design and optimization work that improves conversion and user interaction.

Advisory and business development10 %

Commerce strategy, operating model, and transformation advisory services.

Customers

Avensia serves companies that sell goods through complex multi-channel commerce models, especially in retail, manufacturing, wholesale, and distribution. Its customers buy expertise and technology to improve digital sales, manage product and customer data, and connect commerce systems across the value chain.

Retailers

Buy e-commerce, customer experience, and commerce platform services to improve omnichannel selling.

Manufacturers

Buy B2B/B2C commerce and information management solutions to support direct selling and product data control.

Wholesalers and distributors

Buy OMS, sourcing, and data-flow solutions to manage complex fulfillment and ordering.

B2B and B2C brands

Buy integrated commerce solutions to connect digital sales, content, and operations.

Strategy

Avensia’s strategy centers on combining commerce technology, data management, and advisory expertise into integrated solutions that can deliver measurable business value for customers. It also emphasizes partnerships with major technology vendors and its own proprietary products to broaden its solution stack and address both B2B and B2C use cases.

Broaden the commerce solution stackMedium term

A wider offering helps Avensia win larger transformation deals and serve more customer needs.

Deepen B2B and B2C specializationMedium term

Customers want tailored solutions for different selling models, and specialization improves relevance.

Leverage partner technology and proprietary assetsLong term

Combining third-party platforms with in-house products can improve differentiation and implementation speed.

Geography

Avensia is headquartered in Sweden and operates with offices in Norway, the UK, the US, and the Philippines, alongside multiple offices in Sweden. The business serves customers across Europe, North America, and APAC, which broadens its addressable market but also exposes it to cross-border delivery, currency, and demand differences.

Risks

Avensia is exposed to project-based demand, customer decision delays, and competition from Swedish and international consulting and software firms. Its results also depend on customer investment appetite in commerce transformation, while international operations create currency and delivery complexity.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Longer sales cycles and delayed customer decisions1Customer investment slowdown3Credit risk on customer receivables4Currency exposure6
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Longer sales cycles and delayed customer decisionsImpact: HighLikelihood: High

    Commerce transformation projects often require significant customer commitment before work begins.

    Exposure: Project pipeline and revenue timing

  2. Competitive pressureImpact: High

    The company competes with Swedish and international firms offering similar services and platforms.

    Exposure: Pricing and win rates

  3. Customer investment slowdownImpact: MediumLikelihood: High

    Inflation, rates, and macro uncertainty can make customers postpone digital investments.

    ExposureDemand in retailManufacturingWholesale
  4. Credit risk on customer receivablesImpact: MediumLikelihood: Low

    The business extends credit to customers and must monitor collectability of receivables.

    Exposure: Trade receivables

  5. Project and delivery riskImpact: Medium

    Fixed-price and implementation work can suffer from scope, timing, or estimation issues.

    Exposure: Consulting and systems delivery

  6. Currency exposureImpact: LowLikelihood: Low

    Most invoicing is in Swedish currency, but international operations create some FX exposure.

    Exposure: Cross-border revenue and costs

Accounting

Judgemental items
IFRS 15 revenue recognition

Revenue comes from time-and-materials, fixed-price, and license contracts, each with different timing.

Impact: Affects quarterly revenue and margin comparability

Project completion estimates

Fixed-price work relies on estimated progress and total effort, which can change during delivery.

Impact: Can move revenue between periods

Contract assets and liabilities

Billing schedules may differ from work performed, creating accrued income or deferred revenue.

Impact: Affects working capital and reported sales timing

Loss contract provisions

Unprofitable projects must be reserved for when expected costs exceed contract value.

Impact: Can create sudden expense recognition

Lease accounting

The company operates from multiple offices in several countries.

Impact: Affects EBITDA, depreciation, and lease liabilities

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Avensia (AVEN) Revenue, Earnings & Financials 2025 – Clarifo