Beskrivning
Land | Norge |
---|---|
Lista | Oslo Bors |
Sektor | Informationsteknik |
Industri | Programvara |
16 June 2025 - The Board of Directors of SmartCraft has resolved to initiate a process to explore a potential transfer of the company's share listing from Oslo Børs to Nasdaq Stockholm.
SmartCraft's largest single market by revenue is Sweden, and Nasdaq Stockholm has attracted a large number of listed Software-as-a-Service (SaaS) companies as well as investors with a high degree of familiarity with the SaaS business model. The Board of Directors believes that a potential relisting to Stockholm could drive awareness of SmartCraft, deepen the investor interest in SmartCraft and unlock additional liquidity pools.
SmartCraft was listed on Oslo Børs 24 June 2021 following an initial placement of NOK 1.2 billion. Since then, the company has increased its annual recurring revenue (ARR) by 85 percent driven by a combination of organic and acquisition driven growth, while consistently producing high operating margins and strong cash flow. SmartCraft's market capitalization has increased with 46 percent since the listing.
The company will return with more detailed information when the evaluation has been concluded.
Contact information:
Kjartan Bø, CFO of SmartCraft
Email: kjartan.bo@smartcraft.com
Phone +47 410 27 000
About SmartCraft:
SmartCraft is the leading Nordic provider of mission-critical SaaS solutions to SMEs in the construction sector, increasing their productivity, margins, and resource efficiency. The Group currently has more than 13 400 customers and 270 employees distributed across Norway, Sweden, Finland and UK. SmartCraft was listed on the Oslo Stock Exchange in June 2021.