Consultancy broker

eWork

Ework is a consultancy broker that aims to help companies find the right person for the right project. The company’s core is its database, consisting of more than 100,000 consultants. These consultants are not employed by Ework, instead, the company’s objective is to link them to the optimal project. This saves administration, increases effectiveness and saves time for both partners. Ework generates its revenues by taking a cut of the contract’s total sum. The business is conducted in five different countries, whereas the primary market is Sweden.

Financials

EWORK

SEKm 2017 2018 2019
Sales 9503 11197 12778
Sales growth (%) 25,3 17,8 14,1
EBITDA 108 114 149
EBITDA margin (%) 1,1 1 1,2
EBIT adj 106 108 146
EBIT adj margin (%) 1,1 1 1,1
Pretax profit 106 104 139
EPS rep 4,65 4,6 6,2
EPS growth (%) 10 -1 34,6
EPS adj 4,65 4,6 6,2
DPS 4,5 5,5 6,5
EV/EBITDA (x) 18,3 17 13
EV/EBIT adj (x) 18,6 17,8 13,3
P/E (x) 22,7 22,2 16,5
P/E adj (x) 22,7 22,2 16,5
EV/sales (x) 0,2 0,2 0,2
FCF yield (%) 2,9 3,3 4,8
Dividend yield (%) 4,3 5,4 6,4
Net IB debt/EBITDA 1,4 1,4 1,2