Report
Daniel Thorsson ...
  • Simon Granath

Formpipe Software - Another quarter of very strong ACV numbers

Better EBIT than forecast, strong ACV expansion We raise ’22-’23e EBIT by 8-9%, chiefly on lower D&A 29x ‘22e EV/EBIT is a 24% discount to peers
Underlying
FormPipe Software AB

Formpipe Software develops and provides information management software. Co. focuses on enterprise content management (ECM) solutions for document and records management, workflow automation, e-archiving, quality management and input and output data management. Co. implements its software through certified partners and Co.'s delivery organization. Services are supplied as cloud services, hosting solutions or on-site installation at customers' premises.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Daniel Thorsson

Simon Granath

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