NEO-BNasdaq StockholmSoftware - ApplicationIFRS · SEK

Neovici Holding

Neovici Holding AB is a Swedish software group focused on automation for financial and commercial transaction flows. Its platform and related solutions are used to connect order, article, and payment processes across business systems, with a particular emphasis on retail and telecom environments.

Revenue65.3m SEK
+5.9 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

020406080m SEK2020: 16 m SEK20202021: 22 m SEK20212022: 23 m SEK20222023: 62 m SEK20232024: 62 m SEK20242025: 65 m SEK202565
RevenueOperating profit (EBIT)

Business

Share of revenue
Automation platform software70 %

Core software for automating operational and financial workflows across enterprise systems.

Transaction flow automation20 %

Tools that streamline order, billing, payment, and reconciliation processes.

Implementation and integration services10 %

Project work and integration support for deploying the platform in customer environments.

Customers

Neovici sells to organizations that need to reduce manual handling in financial and commercial processes. The reports point especially to retail and telecom customers, where high transaction volumes and complex workflows make automation valuable. The buyer is typically an operations, finance, or digital transformation team seeking faster execution, better control, and fewer manual errors.

Retail enterprises

Buy automation for order, article, and payment workflows to reduce manual processing and improve control.

Telecom operators

Use the platform to automate transaction-heavy back-office and commercial processes.

Other process-intensive enterprises

Adopt the software where manual handling is being replaced by real-time digital workflows.

Strategy

Neovici’s strategy is centered on expanding automation in financial and commercial transaction flows, especially where manual work remains common. The company is positioning its platform as a real-time, standardized alternative to fragmented workflows, with retail and telecom highlighted as core end markets. It also emphasizes product development around AI and deeper integration across operational and financial data.

Deepen penetration in retail and telecomShort term

These are the primary end markets identified in the reports and fit the product's automation use case.

Broaden real-time automation capabilitiesMedium term

Customers want faster, more precise execution across order-to-payment processes.

Strengthen AI and platform functionalityMedium term

Product depth supports differentiation and helps address evolving customer needs.

Geography

Neovici is headquartered in Stockholm and operates as a Swedish holding company with a Nordic base. The available reports do not provide a formal country revenue split, but they indicate a business built for customers in retail and telecom markets that can be served across multiple geographies. Geography matters mainly through customer location, implementation support, and exposure to regional technology adoption cycles.

Risks

Neovici is exposed to execution risk because its business depends on specialized software talent, ongoing product development, and the ability to keep pace with changing customer needs. The reports also highlight commercial and legal risks, including disputes, competition, technology shifts, and future financing needs. As a software company serving process-critical customers, it also faces adoption risk if buyers delay automation projects or choose alternative platforms.

Sorted by severity
Technology and market changeHigh

Automation needs and customer workflows evolve quickly, requiring continuous product adaptation.

Exposure: Product relevance and sales pipeline

Specialist talent shortageHigh

The company depends on senior backend developers and other niche expertise to build and maintain the platform.

Exposure: Product development and delivery capacity

CompetitionMedium

Enterprise automation and workflow software markets are contested and customers can switch to alternatives.

ExposurePricingWin ratesRetention
Future financingMedium

The reports explicitly mention financing risk as part of the business uncertainty set.

Exposure: Growth investment and operating flexibility

Supplier disputeMedium

A reported claim from a supplier creates legal and cash-outflow uncertainty.

Exposure: Potential settlement or legal costs

Accounting

Judgemental items
Prior-period corrections

The 2024 notes describe corrections to earlier balance-sheet classifications and expense postings, which affect comparability.

Impact: May change liabilities, receivables, and historical earnings presentation

Provision for supplier dispute

A supplier claim of about SEK 3.25 million was disputed and a reserve was booked.

Impact: Affects provisions and can create one-off expense recognition

Software development costs

The business invests in platform and AI development, which can involve capitalization versus expensing judgments.

Impact: Influences operating profit, assets, and amortization

Revenue timing in implementation projects

Automation and integration work may involve project-based delivery and timing judgments.

Impact: Can affect when revenue is recognized and how quarterly results compare

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Neovici Holding (NEO-B) Revenue, Earnings & Financials 2025 – Clarifo