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Techstep ASA ( (DE:B1T0) ) just unveiled an update.
Techstep ASA reported a strong first quarter in 2025, with a 7% increase in recurring revenue, driven by an 11% growth in its Own Software segment. The company achieved a net gross profit margin of 35% and a significant 43% year-over-year improvement in EBITA adjusted to NOK 2.3 million. Positive cash flow from operations improved by NOK 16 million year-over-year. Techstep continues to gain commercial momentum, securing strategic agreements including an extensive deal with LKAB and prolonging its exclusive agreement with Sykehusinnkjøp. These developments position Techstep well in its mission to become Europe’s leading mobile and circular technology company.
More about Techstep ASA
Techstep is a mobile and circular technology company that enables organizations to operate smartly, securely, and sustainably by integrating mobile devices, software, and expertise to meet business and ESG goals. It is a leading provider of managed mobility services in Europe, serving over 2,100 customers with an annual revenue of NOK 1.1 billion in 2024. Techstep is listed on the Oslo Stock Exchange under the ticker TECH.
Average Trading Volume: 21,812
Current Market Cap: NOK383.6M
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