Added to YB: 2024-12-10
Pitch date: 2024-12-09
247.ST [bullish]
24SevenOffice Group AB (publ)
-1.56%
current return
Author Info
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Company Info
24SevenOffice Group AB (publ) provides cloud-based AI–accounting/enterprise resource planning platform to automate business administration and allow for data driven decision making for small, medium, and large companies in Norway, Sweden, rest of Europe, Canada, and internationally.
Market Cap
SEK 1.6B
Pitch Price
SEK 5.85
Price Target
26.00 (+351%)
Dividend
N/A
EV/EBITDA
42.76
P/E
-22.25
EV/Sales
4.39
Sector
Software
Category
special_situation
On 24SevenOffice's ($STO.247) ERP Divestiture
247.ST: KKR buying core ERP for SEK2.4bn. SEK23/share dividend expected Q1 FY25 + SEK3/share cash in RemainCo. RemainCo keeps fintech, MRP, CRM units; H1 FY24 rev SEK15.1m. Exclusive fintech distribution to KKR entity. Rule of 40 co, 24% YoY growth Q3 FY24. ~13% upside from current price.
Read full article (4 min)