Basware Oyj provides networked purchase-to-pay solutions and e-invoicing services in the Americas, Europe, Nordics, and the Asia Pacific. It offers analytics, travel and expense management, sourcing, and e-procurement solutions; and solutions for accounts receivable and payable. The company serves customers in healthcare, energy and utilities, public sector and non-profit, manufacturing, retail and leisure, construction, transport and logistics, finance and insurance, software and telecoms. The company was incorporated in 1985 and is headquartered in Espoo, Finland.

Vesa Tykkyläinen

Basware Oyj

Espeo Software specializes in financial technology development and consulting services. The company provides custom software development, technology consulting, and blockchain services, and has experience working with clients in the finance industry, particularly in the Nordic market.

Espeo Software

Aro Systems Oy provides expert and service company solutions in building technology, with 70 years of experience.

Aro Systems Oy

Orum transforms payment technology for businesses through unified API-based solutions. Self-described claims include fast payment speed, certainty, and orchestration.

Metric
Company Name	Basware Oyj	Espeo Software	Aro Systems Oy	Orum
Symbol	BAS1V
MSH ID	COM:BASWARE	EU:ESPEO	FI:AROSYSTEMS	IO:ORUM
Market	STOCKS	PRIVATE	PRIVATE	PRIVATE
Sector	Technology	Technology	Commercial & Professional Services	Financial Services & Finance
Industry	Software - Application	Financial Services	Construction	Financial Technology
Country	FI	FI	FI	US
Stage				Series B
Employee Count	1.38K		51
Website	basware.com	espeo.eu	arosystems.fi	orum.io
LinkedIn
Founders

Metric
Market Cap
Enterprise Value
Monthly Web Traffic	682.32K	1.13K	93.22K
Web Traffic Growth	0.14	3.80	-0.24
Valuation
Raised Capital			22M

Metric
Revenue	161.77M
Revenue (LTM)
Revenue (NTM)
Gross Profit	91.17M
EBITDA	23.81M
Operating Income	7.24M
Net Income	-15.03M
EPS	-1.05
Diluted EPS	-1.04
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.56
Operating Profit Margin	0.04
EBITDA Margin	0.15
Net Profit Margin	-0.09
Return on Equity	-0.18
Return on Assets	-0.06
Return on Capital Employed	0.04

COM:BASWARE

Basware

Last Close

40.10

24/11 16:29

Volume Today

227

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-66.23
P/B Ratio	8.57
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio
EV Multiple	-2.35

Metric
Days Sales Outstanding
Days Payables Outstanding	405.63
Days Inventory Outstanding
Operating Cycle
Cash Conversion Cycle	-42.57
Asset Turnover	0.69

Metric
Operating Cash Flow	21.58M
Free Cash Flow	12.67M
Cash Flow to Debt	0.24
Operating Cash Flow/Sales	0.13
Free Cash Flow Yield

Metric
Cash & Equivalents	32.81M
Accounts Receivable
Inventory
Goodwill	84.77M
Debt to Capitalization	0.54
Debt to Assets	0.37
Current Ratio	1.03
Quick Ratio	0.52

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue	0.18
SG&A to Revenue	0.09