portfolio

Softronic has a wide-portfolio of own software solutions, often based on Microsoft technology, that benefit from the wide Microsoft eco-system.

The available IT competence and resource combined with a profitable business and strong balance-sheet provide the ingredients for better results from its software portfolio and IT infrastructure. This should have a positive effect on the valuation.

Key Differentiators

1. Microsoft Gold Partner - leveraging Microsoft’s ecosystem for enterprise clients.
2. Industry solutions – tailored offerings for public sector, healthcare, finance, and manufacturing, including own software products and third-party software implementation.
3. Client Relationships – working as a strategic partner rather than a one-off vendor.
4. In-house infrastructure - Softronic operates its own data-centers in Sweden and can offer its clients an alternative infrastructure for the larger Cloud providers.

Softronic invested 13Mkr to modernize two data-centers in 2025. About 50% of capacity is available to capitalize on the investments made.

CM1 solution

CM1 is Softronic's AML solution for onboarding of customers and transaction monitoring. The product is developed for the financial market, but also gains traction in other markets, due to regulatory requirements, and focus on resilent supply-chains.

CM1 is the only Scandinavian AML solution listed by Gartner.

Softronic Pay

Softronic Pay is a Swish payment service for organizations to modernize their payment flows. It is designed to make it easier for organizations to manage member and donor payments. As a technical supplier to Swish, Softronic offers a solution that can send disbursements, invoices, and reminders directly to the users' Swish apps to be paid or declined.

In Q3 2025 Softronic reported 8 clients on the platform.

Business Segments

Softronic offers IT infrastructure, application management, Software-as-a-Service, digital transformation and IT consulting including:

1. Digital solutions – solutions for e-commerce, and digital platforms.
2. Cloud & Infrastructure – IT infrastructure from three Swedish data-centers.
3. Enterprise Solutions – ERP, CRM, and business process automation.
4. Data & AI – data analytics, artificial intelligence, and machine learning services.

The company serves industries such as retail, manufacturing, finance, and public sector.

Competitors

Softronic's main competitors include:

1. Knowit – a Nordic IT consulting company offering IT services.
2. HiQ International – focuses on IT and management consulting.
3. Avanade (a joint venture between Accenture and Microsoft) – strong in Microsoft-based digital transformation and cloud services.
4. Capgemini Sweden – a global player with expertise in IT services and consulting.
5. TietoEVRY – a Nordic-Baltic IT company offering software, cloud-infrastructure, and digital solutions.
6. Acando (CGI Group) – offers IT and business consulting, particularly in digital workplace solutions.
7. Sopra Steria – provides IT consulting, systems integration, and digital services.

vd mATTIAS fLOCK

Mattias Flock started as VD for Softronic in May 2025. He has a Master of Science in Engineering and a commercial background, amongst others as Head of Sales for CGI.

The change of VD and recent interviews indicate planning for growth.

Financial results

In recent years Softronic has shown a modest growth. Although the IT consulting market has been challenging in Sweden, the company managed to realize growth, whilst several competitors have shown negative growth numbers.

Reorganization costs, data-centers investments, and the loss of a major customer have a negative impact on 2025 results.

With management focus on growth I expect results and margins to improve in 2026 and onwards, also driven by a larger revenue share from higher margin IT services (instead of consulting).

IT services agreements are often indexed, which will automatically increase revenue and keep margins intact, during inflationary periods.

Net Debt

Softronic has no net debt and 81Mkr cash position after Q3 2025. This provides financial headroom for stability and to grow the business (with M&A).

Cybersecurity Risk

Softronic AB faces cybersecurity risks due to its handling of sensitive client data in its data-centers and projects. A data breach, ransomware attack, or system vulnerability could lead to:

• Reputational damage (loss of client trust).
• Financial losses (regulatory fines, legal costs, or contract terminations).
• Operational disruptions (downtime or recovery expenses).

December 2022 the company closed down all network traffic with its data-center due to a external cyber-attack. This attack impacted customers, but the company did not provide any more details.