Technology solutions for mobile payment

Invuo Technologies

Invuo (previously Seamless) is a global software company, specialized in technology solutions for mobile payments. The subsidiary MeaWallet provides a service platform for mobile and digital payments, enabling HCE/Tokenization and Masterpass. Invuo’s other business segment, eProducts, is operating within distribution of electronic products. The customers are solely consisting of B2B clients as its previous B2C segment, SEQR, has been divested. This diversion has resulted in a streamlined organization, with fewer employees and lower OPEX, which is expected to have a positive effect on profitability.

Financials

INVUO TECHNOLOGIES

SEKm 2017 2018 2019
Sales 182 124 148
Sales growth (%) -33,8 -31,9 20,1
EBITDA -77 -22 -1
EBITDA margin (%) -42,4 -17,6 -0,4
EBIT adj -103 -36 -16
EBIT adj margin (%) -56,9 -29,5 -10,6
Pretax profit -126 -57 -16
EPS rep -2,59 -0,51 -0,1
EPS growth (%) -60,2 80,4 80,8
EPS adj -2,59 -0,51 -0,1
DPS 0 0 0
EV/EBITDA (x) -1,3 -1,6 -89,1
EV/EBIT adj (x) -0,9 -0,9 -3,2
P/E (x) -0,7 -1 -5
P/E adj (x) -0,7 -1 -5
EV/sales (x) 0,5 0,3 0,3
FCF yield (%) -4,3 -20,9 -26,3
Dividend yield (%) 0 0 0
Net IB debt/EBITDA 0,5 1,2 18,2