SOFTWeb - Adaptive I.T. Solutions
SOFTWeb - Adaptive I.T. Solutions (SOFTWEB) closed at €2.90 on 26/10/2026, +3.57% on the day. Market cap €17.4m.
Announcements to the exchange
- 21/10/2026 18:30DECISIONS OF GENERAL MEETING
- 28/09/2026 17:31INVITATION TO GENERAL MEETING
Key statistics
FY2025 unless a figure says otherwise
Profile
At the 26 Oct close- Market value
- €17.4m
- Enterprise valueDec 2025est.
- €16.4m
- Shares outstandingOct 2026
- 6m
- RevenueFY2025
- €3.2m
- Free floatest.
- 37.2%
- Traded a day, 3-month average
- €4.6k
Valuation
FY2025- EV/Salesest.
- 5.2×
- EV/EBITDAest.
- 35.7×
- Dividend yield
- 0.0%
5 years, on reported full years: 20.5–43.1×, median 25.5×. Today 35.7×, higher than 70% of months.
Margins
FY2025- EBITDA
- 14.6%
- Net
- 7.0%
Net margin = the shareholders' profit ÷ group revenue.
Financial health
Dec 2025- Net debt
- −€970k
- Net debt ÷ EBITDA
- −2.1×
Growth
- Revenue, last yearFY2025
- +72.7%
- Revenue, 3 yearsFY2022–25, a year
- +43.9%
Dividends
FY2025- Yield, last 12 months
- 0.0%
- Per share
- €0.000
- Payout
- —
- Covered by free cash flow
- —
- Years paid, last fiveFY2022–25
- 0
nothing paid in 12 months
not meaningful here
Trading and risk
From our closes, dividends reinvested- Total return, 1 year
- +44.3%
- Volatility, 1 year
- 38.0%
- Beta to the General Index
- 0.18×
- Deepest fall, 1 year / 5 years
- −21.2% / −41.3%
- 52-week range
- €1.960–€3.53
Where the figures come from: the company's reports, reviewed by us · annual accounts filed in ESEF format · results announcements on the exchange · our own closing prices. No forecasts or target prices are stored.
Financial charts
From the stored figures: the reviewed dossier first, then the annual reports (ESEF) and results announcements
Loading the charts…
Valuation
4 companies| Metric | SOFTWEB | Peer median | Peer range |
|---|---|---|---|
| P/B | — | 5.3 | 4.3 6.4 |
| P/S | 5.5 | 4.0 | 1.9 6.4 |
| EV/EBITDA | 35.7 | 13.3 | 8.2 15.9 |
| Dividend yield | 0.0% | 1.5% | 0.0% 3.1% |
| Gross margin | — | 42.9% | 41.6% 44.2% |
| Operating margin | — | 15.5% | 10.8% 20.1% |
| Net margin | 7.0% | 10.0% | 4.5% 49.2% |
| ROE | — | 14.9% | 13.2% 16.6% |
| Revenue growth (last full year) | 72.7% | 17.9% | 3.7% 26.4% |
| Net debt | −€970.0k | −€3.4m | -€15.2m €39.6m |
Peers: Software
The company
AI-draftedSOFTWeb, based in Thessaloniki, develops business software (Softweb Business Suite) sold by licence or annual subscription. Since 2025 the group has added digital marketing (Vitamin Media, 70%) and cybersecurity (Alphabit, 51%). FY2025 revenue was €3.16m, and the shares trade on EN.A. Growth, the Athens alternative market.
- Sep 2026Extraordinary meeting called on a rights issue at €2.60.5
- May 2026The Chairman and CEO sold 20,000 shares, after a similar sale in April.8,9
- Mar 2026600,000 new shares for the Alphabit purchase were admitted to trading.10
- Jan 2026Agreed purchase of 51% of Alphabit Cybersecurity for €1,224,000, paid in shares.11,10
- Oct 2025Vitamin Media bought 100% of DevOcean for €35,000.1
- Feb 2025Purchase of 70% of Vitamin Media for €655,200.12
- Group revenue rose 73% in FY2025 and 57% in H1 2026, mostly through acquisitions; the parent alone grew 18% and 13%.1,2
- H1 2026 group profit after tax was €157k, of which €88k belongs to the parent's shareholders.2
- Group cash was €1.115m at 30 June 2026, against €18k of bank loans in subsidiaries.4,2
- Alphabit's sellers can sell the remaining 49% to the company in years four to six after December 2025.13
- On 20 October 2026 an extraordinary meeting votes on a rights issue of up to 599,346 shares at €2.60, one for ten.5
- 1.Annual report FY2025SOFTWeb · 06/04/2026official
- 2.Interim report H1 2026SOFTWeb · 04/09/2026official
- 3.EN.A. Information DocumentSOFTWeb · 22/07/2024official
- 4.H1 2026 results releaseSOFTWeb · 04/09/2026official
- 5.Rights-issue EGM invitationSOFTWeb · 28/09/2026official
- 6.AGM decisions 2026SOFTWeb · 25/06/2026official
- 7.Voting-rights notice April 2026SOFTWeb · 02/04/2026official
- 8.CEO dealing, Apr 2026SOFTWeb · 04/05/2026official
- 9.CEO dealing, May 2026SOFTWeb · 20/05/2026official
- 10.Admission of 600,000 new sharesSOFTWeb · 30/03/2026official
- 11.Alphabit acquisition announcementSOFTWeb · 07/01/2026official
- 12.Vitamin Media acquisition announcementSOFTWeb · 06/02/2025official
- 13.Alphabit memorandumSOFTWeb · 20/01/2026official