NETUMNasdaq HelsinkiInformation Technology ServicesIFRS · EUR

Netum Group Oyj

Netum Group Oyj is a Finnish company specializing in IT services and solutions, with a focus on digital transformation and cybersecurity. The company provides a range of services including software development, IT consulting, and system integration. Netum aims to enhance operational efficiency and simplify organizational structures to create a unified company, as evidenced by their recent restructuring efforts. Despite facing challenging market conditions, Netum continues to focus on winning new projects and expanding its customer base.

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Revenue37.8m EUR
−14.0 %y/y
Operating profit (EBIT)1.5m EUR
−62.4 %y/y
EBIT margin4.1%
−5.2 ppy/y
Net income0.9m EUR
+288.1 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

-1001020304050m EUR2021: 22 m EUR2021: EBIT 1.9 m EUR20212022: 29 m EUR2022: EBIT 0.76 m EUR20222023: 37 m EUR2023: EBIT -0.23 m EUR20232024: 44 m EUR2024: EBIT 4.1 m EUR20242025: 38 m EUR2025: EBIT 1.5 m EUR2025381.5
RevenueOperating profit (EBIT)

Business

Share of revenue
Software Development40 %

Includes custom software solutions and system integration services.

IT Consulting25 %

Advisory services to optimize IT infrastructure and processes.

Cybersecurity20 %

Solutions to protect digital assets and ensure data security.

Digital Transformation15 %

Services aimed at modernizing business operations through technology.

Customers

Netum serves a diverse range of customers, primarily focusing on public sector organizations and large enterprises. These clients seek reliable IT solutions to enhance their operational efficiency and security. The company's expertise in digital transformation and cybersecurity makes it a preferred partner for organizations looking to modernize their IT infrastructure. Netum's commitment to quality and innovation helps it maintain strong relationships with its clients, despite challenging market conditions.

Public Sector

Government agencies and institutions seeking digital transformation and IT security solutions.

Large Enterprises

Corporations requiring comprehensive IT consulting and cybersecurity services.

SMEs

Small and medium-sized enterprises looking for cost-effective IT solutions.

Strategy

Netum's strategic priorities include enhancing operational efficiency and simplifying its organizational structure. The company is focused on building a unified organization by reducing redundancies and streamlining processes. Netum aims to secure new projects and expand its customer base to balance revenue and profitability. The company is also investing in digital transformation and cybersecurity solutions to drive future growth.

Operational EfficiencyShort term

To reduce costs and improve profitability

Project AcquisitionMedium term

To balance revenue and profitability

Digital TransformationLong term

To drive future growth

Geography

Netum Group Oyj is headquartered in Finland and primarily operates within the Nordic region. The company focuses on serving local markets, leveraging its deep understanding of regional business environments. While the majority of its operations are concentrated in Finland, Netum is exploring opportunities to expand its presence in other Nordic countries. The company's geographic focus allows it to tailor its services to meet the specific needs of its regional clients.

Risks

Netum faces several business risks, including challenging market conditions and slow customer investments, which have impacted profitability. The company is also exposed to risks associated with project delays and the competitive landscape in the IT services industry. Additionally, the restructuring process, while necessary for long-term profitability, poses short-term operational risks. Industry-specific risks include rapid technological changes and cybersecurity threats.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Market Conditions1Project Delays2
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. Market ConditionsImpact: HighLikelihood: Low

    Economic downturns affecting customer spending

  2. Project DelaysImpact: MediumLikelihood: Medium

    Delays in project execution impacting revenue

  3. Restructuring RisksImpact: Medium

    Operational disruptions during restructuring

Accounting

Judgemental items
Revenue Recognition

Timing and methods impact reported revenue

Impact: critical

Restructuring Costs

Affect financial results and profitability

Impact: high

Cost Management

Challenges in controlling project costs

Impact: medium

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Last updated: 24/09/2026