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Vincit

1.11 EUR-2.20 %7.9, 10.01
8,050 following

VINCIT

First North Finland

Software

Technology

Overview
Financials & Estimates
Dividend
Investor views
Compare
-2.20 %
+18.59 %
+11.00 %
-14.29 %
-13.28 %
-24.49 %
-69.17 %
-88.44 %
-81.80 %

Vincit provides design and software development services. The services include e-commerce and web application software, cloud platforms, mobile applications and IoT solutions. The services are used by both small and medium-sized business customers. The largest operations are in Europe and North America. Vincit was founded in 2007 and is headquartered in Finland.

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Market cap
18.86M EUR
Turnover
2.22K EUR
P/E (adj.) (26e)
130.53
EV/EBIT (adj.) (26e)
37.31
EV/S (26e)
0.32
Dividend yield-% (26e)
-
Coverage
Recommendation
Accumulate
Target price
1.00 EUR
Updated
14.07.2026
Disclaimer
Joni Grönqvist
Joni Grönqvist

Analyst

Latest research

Latest analysis report

Released: 15.07.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Forum discussions
It is interesting that when you consider the history of this company, you view it from the perspective of Bilot, whereas I look at it through the lens of Vincit. Vincit lived its golden age in 2016. An office had been established in the United States, and there were plans to head...
7/15/2026, 6:41 AM
39
I sold off my quite substantial Vincit position today. I lost faith in this report that there would be any kind of upturn. Revenue continues to fall sharply; we ended up with a loss even though cost-cutting and layoffs were supposed to turn it around. I don’t see any light at the...
7/14/2026, 12:16 PM
by Crypto
30
I was there for three years myself; I joined the journey shortly before the merger and left during one of the change negotiations. It felt like the old valuation was purely based on the company having a good employer image and things succeeding in an easy market situation, even though...
7/14/2026, 3:55 PM
18
A nasty miss on expectations and management asks us to wait patiently. This doesn’t look good, and the share price reaction reflects that (currently -14%). My video commentary on the results:
7/14/2026, 11:21 AM
by Farseer
12
It is credible that Manni still has the energy to push through interviews (cf. Siili’s recently fired Pienimäki, whose articulation and body language were pure misery in the final months). But it isn’t really the CEO’s job to engage in public self-reflection, but rather the board...
7/14/2026, 3:22 PM
by TitoK
8
Approximately 93% of Vincit’s share price and enterprise value has melted away during Julius Manni’s era. Granted, the starting point was somewhat bubbly, but the performance still cannot be considered impressive. It would be interesting to hear what he himself thinks of this performance...
7/14/2026, 2:38 PM
by P. Köyrijä
7
CFO left for Digia
8/23/2026, 7:45 AM
by tzo
5
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
21.10
2026

Business review Q3'26

Regulatory press release01.09.2026, 09.30

Paula Kuittinen appointed CFO of Vincit

Vincit
IT service sector Q2’26 summary: Divide is evident; the good and the bad stand out clearly
Analyst Comment31.08.2026, 18.58 by
Joni Grönqvist, Frans-Mikael Rostedt

IT service sector Q2’26 summary: Divide is evident; the good and the bad stand out clearly

The divide deepened: the turnaround seen at the end of last year did not extend to the sector as a whole, and differences between companies widened even further in Q2.

DigiaDigital WorkforceGoforeSiili SolutionsSolteqNetum GroupReaktor GroupTietoVincitWitted Megacorp
Regulatory press release05.08.2026, 17.50

Change in Vincit Plc’s Leadership Team: Change in CFO position

Vincit

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Vincit Q2'26: Vi satser på næste år
Research15.07.2026, 07.05 by
Joni Grönqvist

Vincit Q2'26: Vi satser på næste år

Vincits omsætningsnedgang fortsatte med at være kraftig i 2. kvartal, og fordelene ved effektiviseringstiltagene i begyndelsen af året var ikke tilstrækkelige til at vende det justerede EBITA-resultat til et positivt resultat.

Vincit
Regulatory press release14.07.2026, 13.00

Vincit Plc’s Half-year report 1 January–30 June 2026: Efforts to reverse the revenue decline continue, acquisition supports strategy execution

Vincit
Vincit Q2'26 preview: Vi tester for tegn på et vendepunkt
Research09.07.2026, 07.00 by
Joni Grönqvist

Vincit Q2'26 preview: Vi tester for tegn på et vendepunkt

Vores fokus i regnskabsmeddelelsen er på efterspørgselsudsigterne for resten af året, som potentielt kan vende den faldende omsætningstrend.

Vincit
Regulatory press release01.07.2026, 08.00

Vincit expands its executive Leadership Team

Vincit
Regulatory press release16.06.2026, 17.30

Composition of Vincit Plc’s Shareholders’ Nomination Committee

Vincit
Regulatory press release01.06.2026, 14.15

Vincit Plc's Board of Directors has decided on a directed share issue by transferring the company's own shares to execute acquisition of Data Clinic Oy's business operations

Vincit
Analyst Comment28.05.2026, 07.36 by
Roni Peuranheimo, Frans-Mikael Rostedt

Case: Ekspertvirksomhedernes personalemargener er fortsat med at falde

Dækningsbidraget pr. medarbejder i konsulentvirksomheder er faldet støt i løbet af de seneste fem år.

Aallon GroupAdministerDigiaDigital WorkforceEtteplanFondiaGoforeLoihdeNetum GroupSiili SolutionsSitowise GroupSolteqSolwersTalenomVincitWitted Megacorp
Vincit styrker sine data- og analysekompetencer med et lille opkøb
Analyst Comment27.05.2026, 06.35 by
Joni Grönqvist

Vincit styrker sine data- og analysekompetencer med et lille opkøb

Vi anser, at det lille målrettede opkøb er et logisk skridt i forhold til Vincits strategi.

Vincit
Press release26.05.2026, 09.00

Vincit acquires the business operations of Data Clinic Oy, a company specialized in data and analytics solutions

Vincit
IT service sector Q1’26: Clear dichotomy
Analyst Comment13.05.2026, 09.12 by
Joni Grönqvist, Frans-Mikael Rostedt

IT service sector Q1’26: Clear dichotomy

The IT service sector's revenue organically returned to a downward trend, and profitability improved in Q1. Differences between companies deepened.

DigiaDigital WorkforceGoforeVincitNetum GroupSiili SolutionsSolteqWitted Megacorp
Vincit Q1'26: Et udfordrende år i vente
Research23.04.2026, 05.50 by
Joni Grönqvist

Vincit Q1'26: Et udfordrende år i vente

Vincits omsætning faldt mere end estimeret i Q1, og effektiviseringstiltagene har ikke været tilstrækkelige til at vende rentabiliteten til et tilfredsstillende niveau.

Vincit
Regulatory press release22.04.2026, 08.00

Vincit Plc’s Business Review 1 January–31 March 2026: Adjustment measures continue, scaling of AI solutions progresses

Vincit
Press release17.04.2026, 11.00

Vincit's change negotiations have been completed

Vincit
Vincit Q1’26 preview: Omkostningsstyring bider lidt, men vækst-turnaround lader vente på sig
Analyst Comment16.04.2026, 06.45 by
Joni Grönqvist

Vincit Q1’26 preview: Omkostningsstyring bider lidt, men vækst-turnaround lader vente på sig

Omsætningen falder fortsat med 12 % i 1. kvartal, men omkostningsbesparelser vil ifølge vores estimat gøre resultatet profitabelt.

Vincit
Nordic IT sector: Getting better, but not quite at 20 yet
Analyst Comment07.04.2026, 12.06 by
Joni Grönqvist

Nordic IT sector: Getting better, but not quite at 20 yet

In Finland, revenue growth picked up towards the end of the year, surpassing that of the other Nordic countries for the first time in a long while.

DigiaDigital WorkforceGoforeNetum GroupSiili SolutionsSolteqVincitWitted MegacorpColumbusTrifork GroupAvensiaAddnode GroupBouvetB3 Consulting GroupCAG GroupCombinedXExsitecKnowitNetcompany GroupNNITProact IT GroupWebstep
Regulatory press release25.03.2026, 17.15

Revision to Vincit Plc's financial reporting schedule in 2026

Vincit
Regulatory press release25.03.2026, 17.00

Decisions of Vincit Plc’s Annual General Meeting and Organization of the Board of Directors

Vincit