• Digital Business

    Digital Business

    Better Customer Experience

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  • Population Register Center Banner Picture

    Population Register Center

    In the Core of Citizens' Digital Services – Designing Service Views for Finnish Citizens

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  • Flexible Collaboration

    Flexible Collaboration

    Better Employee Experience

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  • KEHA Center Banner Picture

    KEHA Center

    Design and Implementation of Digital Work Environment – Within Just a Month

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  • Business Productivity

    Business Productivity

    Better Business Experience

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  • Rapala Banner Picture

    Rapala

    ERP-Managed Leadership and Cascading the Best Processes

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  • Intelligent Cloud

    Intelligent Cloud

    Better Cloud Experience

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  • Danish Cancer Society Banner Picture

    Danish Cancer Society

    Up-to-Date Customer Information with the Help of Cloud-Based Analytics Services

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  • Process Innovation

    Process Innovation

    Better Business Process

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  • Innofactor Skilli Banner Picture

    Innofactor Skilli

    Our Objective is to Double the Learning Results and Enable High-Quality Education with Limited Resources

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Innofactor as an Investment

Leading Nordic Provider of Digitalization and Cloud Solutions

Innofactor is a leading Nordic provider of digitalization and cloud solutions. Innofactor has Microsoft Ecosystem’s leading expertise and the most comprehensive offering in the Nordics. Innofactor has over 600 eager and motivated top professionals in Finland, Sweden, Denmark and Norway. Innofactor serves over 1,500 commercial, public, and third sector organizations. In 2012 to 2016, the annual growth of Innofactor’s net sales has been approximately 28%. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ Helsinki Ltd.

Innofactor logo

Innofactor closed 2016 with a strong quarter

The maximum purchase price of the Lumagate acquisition reduced by EUR 3.7 million as Lumagate operating margin was weaker than forecasted.

Year 1–12/2016:
  • The net sales were approximately EUR 59.6 million, which shows an increase of 34.1%.
  • The operating margin was approximately EUR 4.8 million (8.1% of the net sales), which shows an increase of 30.4%.
  • The operating profit was approximately EUR 2.3 million (2015: approximately EUR 2.5 million), decreasing by 8.3% as the net sales were affected by increased write-offs related to acquisitions, in accordance with IFRS 3, resulting in a decrease of EUR 1,884 thousand (2015: 480).
  • Innofactor’s operating cash flow in the review period remained strong and was approximately EUR 3.1 million.

Investor Relations

Patrik Pehrsson
CFO
patrik.pehrsson@innofactor.com
+358 50 529 2170