Overview
Norway SaaS provider's 2025 revenue rose to NOK 559 mln amid tough construction market
Annual recurring revenue reached NOK 522 mln, with 7% organic growth
Outlook
Company expects increased visibility and broader investor base from Nasdaq Stockholm listing
SmartCraft says structural work sets up scalable growth for 2026
Result Drivers
RECURRING REVENUE - Co said more than 95% of revenue is recurring, supporting predictability and strong cash flow
CUSTOMER RETENTION - Churn declined over the last three quarters and ended flat year-on-year
Company press release: ID:nWkr55kXRj
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
NOK 559 mln
FY ARR
NOK 522 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Smartcraft ASA is NOK24.00, about 37.5% above its March 16 closing price of NOK17.45
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 31 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
