Itera ASA
OSE:ITERA
Itera ASA
Itera ASA operates as a communication and technology company, which engages in the provision of information technology and communication solutions. The company is headquartered in Oslo, Oslo. The firm delivers user experience solutions, digital platform solutions for business design, software engineering services, service operations and application management, which includes uptime, security, user support, data center, network, database operation, licenses, hardware and applications. Additionally, the Company offers editorial productions, content and campaigns, infrastructure services, project management services, as well as cloud and testing services, among others. The firm conducts operations in Norway, Sweden, Denmark, Slovakia and Ukraine. The company serves clients within the banking and insurance, public, healthcare, energy and utility domains across Nordic countries and internationally.
Itera ASA operates as a communication and technology company, which engages in the provision of information technology and communication solutions. The company is headquartered in Oslo, Oslo. The firm delivers user experience solutions, digital platform solutions for business design, software engineering services, service operations and application management, which includes uptime, security, user support, data center, network, database operation, licenses, hardware and applications. Additionally, the Company offers editorial productions, content and campaigns, infrastructure services, project management services, as well as cloud and testing services, among others. The firm conducts operations in Norway, Sweden, Denmark, Slovakia and Ukraine. The company serves clients within the banking and insurance, public, healthcare, energy and utility domains across Nordic countries and internationally.
Revenue: Itera reported Q4 revenue of NOK 213 million, showing 1% growth year-over-year, and 2% growth when adjusting for currency effects.
Margins: EBIT margin fell to 1.8% in Q4 from 3.5% last year due to market softness and rate pressure.
Cloud & Application Services: Strong performance in Cloud & Application Services with 17% revenue growth in Q4 and 19% for the year, outpacing the flat overall business.
Cash Flow: Operational cash flow was NOK 54 million in Q4 and NOK 63 million for the full year, with a cash conversion rate of 91.8% over 12 months.
Operational Improvements: Management expects margin uplift of 1.5 to 2 percentage points in coming months from cost reductions and efficiency programs.
Dividend: Itera paid a total dividend of NOK 0.3 per share for the year and proposes another NOK 0.20 per share plus possible supplementary payments.
Outlook: Management sees signs of market improvement for 2026, with continued focus on profitable growth and expanded AI-related offerings.
