International administration software

Briox

Briox develops and sells internet-based ERP system to small and medium-sized enterprises. The offering include software for accounting, bookkeeping, CRM, invoicing, sell-support and time accounting. The company’s programme is completely internet-based, which results in accessibility from anywhere at any time. In addition to this, all data is stored on Briox own servers. Hence, customers do not need to worry about archiving or backing up the data. Commercialization is done through its own website, as well as through accounting firms. Primary markets are Finland, Germany and Great Britain. Furthermore, Briox is limited to selling its products to countries outside of Sweden.

Financials

BRIOX

SEKm 2017 2018 2019
Sales 2 3 8
Sales growth (%) 7,4 116,9 136,6
EBITDA -8 -7 -5
EBITDA margin (%) -498,9 -214,6 -55,6
EBIT adj -18 -15 -12
EBIT adj margin (%) -1112,6 -443,5 -147,3
Pretax profit -19 -15 -12
EPS rep -0,94 -0,67 -0,53
EPS growth (%) 55,8 28,4 21,4
EPS adj -0,94 -0,67 -0,53
DPS 0 0 0
EV/EBITDA (x) -11,3 -24,7 -42,8
EV/EBIT adj (x) -5,1 -11,9 -16,2
P/E (x) -4,4 -12,9 -16,5
P/E adj (x) -4,4 -12,9 -16,5
EV/sales (x) 56,6 53 23,8
FCF yield (%) -20,1 -7,2 -5,8
Dividend yield (%) 0 0 0
Net IB debt/EBITDA 0,4 2 0,8