Verkkokauppa VERK.HE
Public, HEL, reports in EUR. Founded 1992.
Theme: Internet.
Retail.
2025-08-01 — Hold, OG Finnish Amazon, could be sold to PE
Financials millions, EUR
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 526m EUR | 12.5 % | 17.1 % | – | 19m EUR | 3.6 % | 12m EUR | 0.27 | 16.2 | |
| 2024 | 468m EUR | -7.0 % | 8.5 % | – | 0.6m EUR | 0.1 % | -0.8m EUR | -0.02 | -6.9 | |
| 2023 | 503m EUR | -7.4 % | 16.1 % | – | 6.1m EUR | 1.2 % | 2.1m EUR | 0.05 | -6.2 | |
| 2022 | 543m EUR | – | 14.8 % | – | 3.7m EUR | 0.7 % | 0.3m EUR | 0.01 | – | |
| 2026-Q2 | 123m EUR | 5.7 % | 16.6 % | – | 2.5m EUR | 2.0 % | 1.5m EUR | 0.03 | 7.7 | |
| 2026-Q1 | 118m EUR | 6.7 % | 17.3 % | – | 2.4m EUR | 2.1 % | 1.6m EUR | 0.04 | 8.7 | |
| 2025-Q4 | 168m EUR | – | 16.3 % | – | 5.2m EUR | 3.1 % | 4.1m EUR | 0.09 | – | |
| 2025-Q2 | 116m EUR | – | 17.1 % | – | 1.8m EUR | 1.5 % | 0.9m EUR | 0.02 | – | |
| 2025-Q1 | 111m EUR | – | 18.8 % | – | 3.2m EUR | 2.9 % | 2.0m EUR | 0.04 | – |
Sources
- 2025: yfinance
- 2024: 2025_10-K_Summary_2026-07-10.xlsx
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2026-Q2: yfinance
- 2026-Q1: yfinance
- 2025-Q4: yfinance
- 2025-Q2: yfinance
- 2025-Q1: yfinance
Latest quarter 2026-Q2, ended 2026-06-30, vs 2025-Q2
| 2026-Q2 | 2025-Q2 | change | |
|---|---|---|---|
| Revenue | 123m EUR | 116m EUR | +6.6m (+6 %) |
| Op. margin | 2.0 % | 1.5 % | +0.5 pts |
| FCF | 6.0m EUR | -1.4m EUR | +7.4m |
| Op. income | 2.5m EUR | ||
| Net income | 1.5m EUR | ||
| EPS (diluted) | 0.03 | 50.0 % |
Cash flow millions, EUR
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 22m EUR | 2.8m EUR | 19m EUR | 3.6 % | 174.3 % | 16m EUR | 21m EUR | 17m EUR | 12m EUR |
| 2024 | 13m EUR | 1.8m EUR | 11m EUR | 2.4 % | – | – | – | 8.8m EUR | 3.7m EUR |
| 2023 | 20m EUR | 2.4m EUR | 18m EUR | 3.6 % | 980.5 % | 4.6m EUR | 19m EUR | 15m EUR | 11m EUR |
| 2022 | 1.5m EUR | 5.0m EUR | -3.5m EUR | -0.6 % | 466.4 % | 1.9m EUR | 0.1m EUR | 20m EUR | 0.2m EUR |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 3.42 EUR | 2026-09-15 | |
|---|---|---|---|
| Market cap | 151m EUR | 174m USD | 2026-09-15 |
| 52w high | 4.15 EUR | 2026-09-15 | |
| 52w low | 2.17 EUR | 2026-09-15 | |
| Off 52w high % | -17.6 % | ||
| P/S | 0.3 | ||
| Lifetime CAGR | -1.8 % |
Notes
- 2025-08-01 opinion Hold, OG Finnish Amazon, could be sold to PE