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SmartCraft ASA Class A ( (DE:9YK) ) just unveiled an update.
SmartCraft ASA, a Nordic SaaS specialist for construction SMEs, reported 2025 revenues of NOK 559 million and an adjusted EBITDA-capex of NOK 156 million, corresponding to a 28 percent margin, despite what it described as the construction sector’s slowest cycle in decades. The company highlighted that more than 95 percent of its revenue is recurring, with annual recurring revenue reaching NOK 522 million and organic growth of 7 percent, supported by declining churn over the last three quarters.
Management emphasized the strength and predictability of its subscription-based business model, noting that structural work in products, technology, and organization is now enabling scalable growth and keeping performance within the “Rule of 40.” SmartCraft also announced plans to shift its stock exchange listing to the main list at Nasdaq Stockholm in 2026 to increase visibility, tap deeper liquidity, and align more closely with Sweden’s strong Nordic SaaS investor community, which is important given that Sweden is its largest individual market.
CEO Jeremias Jansson said the company has continued to grow by delivering software that customers “genuinely value,” making thousands of small and mid-sized construction firms more profitable and easing daily workloads for craftsmen. He expressed optimism about the long-term growth potential and the ability to create sustained value for employees, customers, and shareholders as the company leverages its solid financial position and new listing venue.
More about SmartCraft ASA Class A
SmartCraft ASA is a leading Nordic provider of mission-critical SaaS solutions for small and mid-sized companies in the construction sector, offering tools that boost productivity, margins, and resource efficiency. The group serves more than 14,100 customers with 270 employees across Norway, Sweden, Finland, and the UK, and will move its stock listing from Oslo Børs to Nasdaq Stockholm in March 2026.
Average Trading Volume: 84,706
Current Market Cap: NOK2.99B
See more data about 9YK stock on TipRanks’ Stock Analysis page.