Added to YB: 2026-09-09
Pitch date: 2026-09-07
PEXIP.OL [neutral]
Pexip Holding ASA
-1.22%
current return
Author Info
Fjord Alpha shares deep dives on Northern European mid-caps targeting 20%+ CAGR. Private investor with Nordic roots. 25 years in-market. Independent and long-term, looking for non-consensus ideas the market is not pricing. Sign up for the newsletter.
Company Info
Pexip Holding ASA, a video technology company, offers end-to-end video conferencing platform and digital infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
NOK 844.2M
Pitch Price
NOK 74.00
Price Target
N/A
Dividend
5.32%
EV/EBITDA
14.90
P/E
30.19
EV/Sales
5.81
Sector
Software
Category
growth
Pexip Q2-26: Sovereign growth, high margins, and continued strong execution
PEXIP.OL (earnings): Pexip delivered another strong quarter, with ARR up 18% to $140.2M at the upper end of guidance, blended NRR of 102%, and LTM adjusted EBITDA of $40.4M at a 31% margin. Secure & Custom grew 27%, while defense and national-security clients represented 15% of group ARR, up from 7% a year earlier; Connected Spaces stabilized at 99% NRR. The updated base case offers an 18% five-year CAGR; a dip into the high NOK 60s would clear the 20% hurdle.
Read full article (6 min)