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Revenio: Not a one-trick pony

REG1VExtensive research15.06.2021, 07.11
Juha Kinnunen, Mikael Rautanen
Discuss
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Revenio is known as the global beacon of tonometers but these days the company is a noteworthy challenger in more extensive ophthalmic health technology. Imaging tools (previous CenterVue) play an increasing role in future growth and HOME products, as well as software business offer longer term growth promises. Business is growing very profitably, the market has sound growth drivers, and the products have strong competitive advantages. In addition, the company has an excellent track record of its ability to create value with investments in product development, structural reorganization, and new long-term growth templates

Revenio is a global provider of comprehensive eye care diagnostic solutions. The group offers fast, user-friendly, and reliable tools for diagnosing glaucoma, diabetic retinopathy, and macular degeneration (AMD). Revenio’s ophthalmic diagnostic solutions include intraocular pressure (IOP) measurement devices (tonometers), fundus imaging devices, and perimeters as well as software solutions under the iCare brand. In 2023, the Group’s net sales totaled EUR 96.6 million, with an operating profit of EUR 26.3 million. Revenio Group Corporation is listed on Nasdaq Helsinki with the trading code REG1V.

Read more on company page

Key Estimate Figures08.06.2021

202021e22e
Revenue61.179.3102.5
growth-%23.4 %29.9 %29.2 %
EBIT (adj.)19.227.237.1
EBIT-% (adj.)31.4 %34.3 %36.2 %
EPS (adj.)0.580.821.10
Dividend0.320.400.55
Dividend %0.6 %3.0 %4.1 %
P/E (adj.)86.616.212.2
EV/EBITDA61.512.58.6

Forum discussions

Jussi Halme has made a video about Revenio What if one of the highest-quality companies on the Helsinki Stock Exchange has dropped by over 80...
yesterday
by Sijoittaja-alokas
9
Inderes iCare IC1000™: Vaivatonta tarkkuutta - Inderes Revenio Group Oyj | Lehdistötiedote | 10.09.2026 klo 09:00:00 EESTUuden sukupolven kä...
9/10/2026, 6:45 AM
by Tunturisusi
20
Well, I listened to the interview. The core is leaking, there’s no growth, and profitability is weakening. But at least we got a positive result...
9/9/2026, 11:23 AM
by mutu_sijoittaja
16
Analyst comments following Revenio’s Q2 result. Inderes – 9 Sep 26 Revenio Q2'26: Visio kirkastuu loppuvuoden aikana - Inderes Revenion Q2-tulos...
9/9/2026, 5:46 AM
by KuHa
27
Operational cash flow has been historically weak over the trailing two quarters. Clearly more cash than normal has been tied up in working capital...
9/9/2026, 4:28 AM
by Ripelein
8
[quote=“BullionBabble, post:2984, topic:1256”] My own guess. €14.5 ​[/quote] I was thinking to myself that Juha has always been very bullish...
9/9/2026, 3:19 AM
by Blackparta
10
My guess. €14.5 The interview didn’t really answer many of my questions. Is the acquisition justified solely by the apparent market growth to...
9/8/2026, 4:57 PM
9