Investor Relations
Wirtek helps companies digitalise, automate and optimise energy and mission-critical operational processes through IT development and IoT-based energy solutions. We combine a stable services business with scalable solutions built on our own IoT platform designed for high uptime, data quality and secure operations.
The European IoT devices market is forecast to reach US$ 42.8 billion by 2030 with a 15.9 % CAGR from 2025-2030, while the industrial IoT market in Europe is projected to hit US$ 86.2 billion by 2032, growing 17.5 % per year.
Demand for smart energy solutions is also accelerating: the European energy-management systems market is expected to grow from about US$ 17.3 billion in 2025 to US$ 31.7 billion by 2030, a 12.9 % CAGR.
These trends illustrate the strong momentum behind IoT, automation and energy optimisation across the EU-areas where Wirtek's services and solutions are well positioned to deliver value.
The European IoT devices market is forecast to reach US$ 42.8 billion by 2030 with a 15.9 % CAGR from 2025‑2030, while the industrial IoT market in Europe is projected to hit US$ 86.2 billion by 2032, growing 17.5 % per year.
Demand for smart energy solutions is also accelerating: the European energy‑management systems market is expected to grow from about US$ 17.3 billion in 2025 to US$ 31.7 billion by 2030, a 12.9 % CAGR.
These trends illustrate the strong momentum behind IoT, automation and energy optimisation across the EU-areas where Wirtek’s services and solutions are well positioned to deliver value.
We work across 3 specialised domains:
Energy: for the industry, we provide expertise for production, transmission to distribution. For energy-intensive operations companies, we provide tools to cut waste, optimise consumption and enable ESG reporting.
Connectivity & Automation: connecting devices, platforms and systems and adding intelligence.
Digital Engineering: scalable platform development, system integration and resource-optimisation tools.
We work across 3 specialised domains:
Energy: for the industry, we provide expertise for production, transmission to distribution. For energy-intensive operations companies, we provide tools to cut waste, optimise consumption and enable ESG reporting.
Connectivity & Automation: connecting devices, platforms and systems and adding intelligence.
Digital Engineering: scalable platform development, system integration and resource-optimisation tools.
We combine a stable Services business with a growing Solutions business:
Services: software development, IoT and QA focused on long-term client relationships. AI is used systematically to raise utilisation, speed and margins.
Solutions: IoT and software-based energy solutions built on the Wirtek IoT Suite. We provide sensors, gateways, data collection and standardised vertical solutions, generating revenue from implementation projects, IoT hardware, licence fees and recurring service agreements. Solutions drive our ARR and margin expansion.
We combine a stable Services business with a growing Solutions business:
Services: software development, IoT and QA focused on long-term client relationships. AI is used systematically to raise utilisation, speed and margins.
Solutions: IoT and software-based energy solutions built on the Wirtek IoT Suite. We provide sensors, gateways, data collection and standardised vertical solutions, generating revenue from implementation projects, IoT hardware, licence fees and recurring service agreements. Solutions drive our ARR and margin expansion.
We work with organisations of all sizes, from start-ups to global corporations, and treat every engagement as a partnership.
Wirtek's solutions are deployed in 93 countries and our average client relationship lasts more than 6 years, which reflects the trust and commitment we build through collaboration, technical excellence and dedicated teams.
Rather than simply providing outsourced capacity, we integrate with clients' teams to deliver enduring value and shared success.
We work with organisations of all sizes, from start-ups to global corporations, and treat every engagement as a partnership.
Wirtek's solutions are deployed in 93 countries and our average client relationship lasts more than 6 years, which reflects the trust and commitment we build through collaboration, technical excellence and dedicated teams.
Rather than simply providing outsourced capacity, we integrate with clients' teams to deliver enduring value and shared success.
Wirtek follows a disciplined M&A strategy centred on small, theme-oriented acquisitions that strengthen our platform, energy expertise or engineering capacity.
Integration is structured to ensure culture fit and rapid realisation of synergies, with clear principles to minimise dilution and maintain a conservative financial profile.
Wirtek follows a disciplined M&A strategy centred on small, theme-oriented acquisitions that strengthen our platform, energy expertise or engineering capacity.
Integration is structured to ensure culture fit and rapid realisation of synergies, with clear principles to minimise dilution and maintain a conservative financial profile.
Historical top-line growth supported by both organic initiatives and acquisitions.
Focus on stabilisation, consolidation, and margin improvement.
Organic growth expected in 2026 driven by a stronger Services business and initial scaling of the Solutions business.
Recurring revenue (ARR) expected to become an increasing share of revenue as Solutions matures.
Historical top-line growth supported by both organic initiatives and acquisitions.
Focus on stabilisation, consolidation, and margin improvement.
Organic growth expected in 2026 driven by a stronger Services business and initial scaling of the Solutions business.
Recurring revenue (ARR) expected to become an increasing share of revenue as Solutions matures.
Our strategy centres on five drivers supported by operational excellence, here are some of them:
Modernise our delivery model, increase productivity and raise margins.
Expand the Wirtek IoT Suite and commercialise standardised vertical solutions.
Build strategic partnerships and pursue selective theme‑oriented acquisitions that strengthen our IoT platform, energy expertise and engineering capacity.
Digitalisation and optimisation of energy- and mission-critical processes through IT development and IoT-based energy technologies.
Exposure to two strong global megatrends: energy technology and digitalisation.
Strong turn-around underway with better margins, commercial discipline, and more mature execution.
Low risk due to a Services business combined with high upside from the Solutions business and the scalability of the IoT platform.
Management with a proven ability to execute strategic transformation and disciplined capital allocation.
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Attractive long-term potential as Solutions scale, recurring revenue grows, and the margin profile improves.
As part of Wirtek’s focus on investor care, the company has paid out dividends to its investors during the past several years. To be eligible for dividends, shares must be registered in the custody account on or before the date of the Annual General Meeting. The recent dividend history is:
Our story is one of adaptability
and forward thinking.
Michael Aaen founded the company in Aalborg, Denmark, as a spin-off from Nokia.
Wirtek became a public company, the 3rd to be listed on the Nasdaq Copenhagen First North Growth Market.
Wirtek kicked off international expansion by opening the first development and test center in Cluj-Napoca, Romania.
Wirtek acquired Software Pro A/S, a Danish testing consultancy company, strengthening our expertise in this area.
Major rebranding of Wirtek, strengthening the foundation for accelerated growth.
Announcing Wirtek's Accelerate25 strategy focusing on four strategic tracks to reach our ambitious 2025 goals.
Acquisition of CoreBuild, a major milestone in the implementation of the Accelerate25 strategy.
Announcing Wirtek's Accelerate25XL strategy with raised financial goals based on a strong financial performance in 2021.
Recruiting experienced CFO and initiating implementation of a new ERP system.
New structure on 5 core business domains: Digitalization, Trade & E-commerce, Wireless Communication & Automation, Workforce & Facility Management, and Energy.
Strengthened governance by initiating ESG journey, adopting FBV guidelines and adding expertise from Martin Dommerby and Janie C. Nielsen to the Board.
Clean energy focus leads to 70% growth of the energy business unit, presenting substantial opportunities and rising demand.
New growth engine in Clean Energy, software products and IoT with strategic acquisition of Seluxit assets in Denmark and Pragmasoft in Portugal.
Wirtek suspends the Accelerate25XL strategy as the company shifts from a pure Services business to also include scalable Solutions, IoT Hardware and recurring revenue streams.
Wirtek announces new strategy to drive return to growth in 2026 by modernising and strengthening the Services division, while accelerating subscription growth in the Solutions division.
Wirtek launches 5 new solution packages under the new name for their proprietary platform: Wirtek IoT Cloud.
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