Added to YB: 2025-06-04
Pitch date: 2025-06-02
FNOX.ST [neutral]
Fortnox AB (publ)
+4.27%
current return
Author Info
FluentInQuality invests in high-quality businesses that generate steady and sustainable cashflows, proven track records, and the potential to act as a true compounding machines over the long run. Sign up for the newsletter.
Company Info
Fortnox AB (publ) provides smart technical products, packages, services, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations in Sweden.
Market Cap
SEK 52.7B
Pitch Price
SEK 85.74
Price Target
N/A
Dividend
0.29%
EV/EBITDA
51.57
P/E
68.57
EV/Sales
24.29
Sector
Software
Category
growth
High-Quality Mid-Caps You Need To Monitor Closely In 2025 - Fortnox AB
FNOX.ST (quick overview): Sweden's digital backbone for SMEs with 80%+ gross margins, 40% operating margins, 95%+ recurring revenue. Cloud accounting, invoicing, payroll & CRM tailored to Swedish regulations. Land-and-expand strategy with minimal churn. Open APIs create business OS that's deeply embedded and increasingly difficult to replace.
Read full article (2 min)