Key figures Q3/2019
|Turnover, 1 000 €
||11 544||8 355||38 %||11 456|
|EBITDA, 1 000 €||5 478||3 657||49 %||4 796|
|% of revenue||47 %||44 %||42 %|
|Operating profit, 1 000 €||5 052||3 275||54 %||4 291|
|% of revenue||44 %||39 %||37 %|
|Profit for the period, 1 000 €||4 040||2 436||66 %|
|Earnings per share, EPS €||0,84||0,53||0,71|
|Employees at the end of the period||133||110||113|
The Q3/2019 figures are unaudited and in FAS format.
Market: Nasdaq First North Growth Market Finland
Trading Code: ADMCM
ISIN Code: FI4000251830
Number of Shares: 4 840 108
Series of Shares: 1
Admicom is a Finnish provider of cloud-based ERP solutions for construction, building services engineering and manufacturing companies and a comprehensive partner in software and accounting services.
We are the market leader in our core target group; building services engineering. Our ERP, Adminet currently has over 15 000 active users.
We are a profitably and rapidly growing company, largely owned by our staff. We have more than 120 professionals working in four locations around Finland. In February 2018 Admicom Oyj was listed on the First North Growth Market Finland maintained by Nasdaq Helsinki Ltd.
Vision: Our vision is to be a pioneer in developing ERP solutions for small and medium-sized companies.
Strategy: Admicom offers the most advanced ERP and superior services to selected target groups.
Most advanced ERP
- Cloud service
- Highly automated
- Most extensive solution for customer industries
- Constant development and regular updates
- Safe maintenance and back ups, zero downtime
- Best industry expertise
- Efficiency and reliability
- Packaged services
Admicom selected as Star of 2019 in the European Small and Mid-Cap Awards!
We are honored to have won the Star of 2019 category of the European Small & Mid-cap Awards 2019. The winners of each category were announced on 12th November 2019 in Brussels.
”The whole staff has made this victory possible. Our success is based on years of dedicated work, the entrepreneurial spirit of our employees and commitment to a common goal. This is a great milestone in our objective of becoming a market leader in our own industry as well as expanding into international markets.
– Antti Seppä, CEO of Admicom –
To win the title of Star of 2019 the company has to meet the following criteria:
”An exceptional performer in its sector and a responsible corporate citizen will be the winner of the Star of 2019. This exceptional leader will be a newly listed mid-cap company that stand out in the crowd in a broad range of areas with its clear growth potential. This stellar company will be also well-managed and have made good use of the proceeds of flotation. Since going public, the winner’s share price should have risen to a respectable but not excessive premium.”
Nasdaq Nordic Investor News: Admicom selected as Star of 2019 in the European Small and Mid Cap Awards 2019
What we provide:
We help our customers manage all their functions with one automated cloud service: Adminet.
We offer reliable, industry-specific and 100% paper-free accounting and payroll services.
We take care of our customers all the way from system implementation and support to business development.
Why customers choose us:
Streamlining customer business
Adminet boosts operational efficiency by automating manual processes and complex integrations. Information flow is seamless from production site to office.
Pioneer in software development
Admicom boosts digitalization in its customer industries by offering the best practices in the field. Strong focus to specific customer segments has led to superior solutions.
The most comprehensive solution
Admicom offers the most extensive software solution to construction, building services engineering and manufacturing companies. No outside-Adminet integrations are necessary.
Pure cloud ERP
Customers can use Adminet in an internet browser anytime and anywhere. Our ERP is a modular system and customers can choose the most beneficial application combination.
Real time information
Thanks to advanced automation, unique project revenue recognition logic and all in one solution, our ERP is able to produce real time information and the right metrics for business management.
We have helped create hundreds of Finnish success stories.
Over 120 of them have been published in our customer magazines since 2004.
”Adminet helps us by making our operations more efficient, saving time and providing us a lot of information to keep track of the company’s finances.”
Jukka Pietilä, CEO, IntLog Oy
”Adminet has been one of the prerequisites for our growth to be possible at all.”
Hannu Kauppi, CEO, HSK Sähkö Oy
”Currently we have fewer administrative employees than before, even though our revenue grew almost 4 million euros last year.”
Malik Bentaieb, CEO, LTU Group Oy
Admicom is the market leader in its core target group; building services engineering. Admicom has strong growth in construction segment and significant potential in its most recent customer segment of manufacturing industry.
Adminet ERP streamlines operations and increases competitiveness for small and medium-size enterprises by automating routine office work.
SaaS Business Model
Key drivers of growth and development in the ERP markets are the digitalization of financial administration and the transition from laborious ERP implementation projects to faster and more agile solutions.
Cloud-based softwares replace older licensing softwares at a growing pace. For customers, SaaS (Software as a Service) offers flexibility, a small initial investment, real-time information and an ability to work anytime, anywhere. This brings significant cost savings, especially for small and medium-sized businesses. For software companies, the SaaS business model is attractive because it is based on a growing and constant revenue stream.
Admicom's Profitable Growth
Approximately 87 % of Admicom’s revenue consisted of recurring monthly invoicing in 2018. Admicom has grown profitably by an average of 36 % per year over the past five years. We are aiming to maintain over 30 % annual growth rate for 2019–2020.
Core markets and competition
Admicom’s main competitors offer industry-specific software for the same target groups. The most significant competitors are: Pajadata and Ecom in the building services engineering target group, EVRY Jydacom and Lemonsoft in the construction target group and e.g. Oscar Software, Visma and CGI in the manufacturing industry target group.
Currently, there are no other players in the market who can offer as extensive and industry-specific solution for the same target groups.
Reasons to invest in Admicom
- Successful business model, EBITDA 42 % in 2018. Our goal for 2019 is 35–45 %
- Aiming to allocate over 50 % of profits as dividend, without risking growth strategy
- Return on investment 59 % in 2018
- Comprehensive, industry-specific service provider
- Highly automated and constantly evolving ERP system
- Solutions that genuinely help customers, e.g. more than 30 centrally maintained price lists