WirTek is an IT company. The company is focused on developing software and hardware solutions that affect web, mobile and integrated complete systems. Operations are held on a global level, with the largest presence in the Nordic region and Europe, where customers mainly consist of small and medium-sized business customers. WirTek was founded in 2001 and is headquartered in Aalborg.
In connection with the new strategy and Q3 2025 results, we have updated our investment case one-pager. In addition to highlighting key investment reasons and risks, we have also updated the case with peer group valuation perspectives based on selected Danish IT companies and Nordic IT consultancy companies.
Today, Wirtek’s CEO Michael Aaen and CFO Mads Greiffenberg presented the company’s Q3 2025 results and outlined the key building blocks of its new strategic plan, which as a first step aims to return the company to a growth trajectory in 2026. The presentation was followed by a Q&A session.
Wirtek is expected to release its Q3 2025 interim report on November 11, 2025. The management will present the results at a virtual live event with a Q&A session on the same day at 14:00 CET. In addition to the financial results, the presentation will include an update on Wirtek’s recent business developments and provide insights into the current market environment.
Join Inderes community
Don't miss out - create an account and get all the possible benefits
Yesterday, Wirtek unveiled a new corporate strategy laying the foundation to return to growth in 2026. The elements of the strategy appear well aligned with what we see from other IT consultancies and the general direction of the market:
Last week, Wirtek reported its H1 2025 report. The macroeconomic uncertainty has affected Wirtek’s results, as revenue declined by -11% in the first half of the year. It should however be noted, that a large part of the negative growth is due to the completion of a major Danish client engagement. To align with the headwinds, Wirtek has implemented cost-saving initiatives that have ensured a return to positive EBITDA in Q2 2025, which is one quarter earlier than previously targeted. We have updated our investment case one-pager following the recent results and news.
Earlier this week, Wirtek's CEO, Michael Aaen, presented the company's Q2/H1 2025 results and answered questions from the audience in a live online event. In addition to recent results and news flow, the discussion focused on AI-related opportunities and threats, as well as current market conditions.
Wirtek is expected to release its Q2 2025 interim report on August 13 2025. The management will present the results at a virtual live event with a Q&A session on the same day at 13:30 CET. In addition to the financial results the event will include an update on Wirtek’s recent business developments and provide insights into the current market conditions.
This morning, Wirtek reported its Q2 2025 report. Despite a revenue decline of -8% in Q2 2025, the company returned to a positive EBITDA of DKK 0.3m (DKK 0.7m in Q2 2024) after cost optimization actions initiated earlier this year. In Q1, Wirtek targeted a return to a positive EBITDA no later than Q3, which was achieved already here in Q2.
Today, ahead of the Q2 2025 report tomorrow, Wirtek has updated its 2025 guidance. The company has downgraded its 2025 revenue guidance to the range of DKK 64.0-69.0m (before DKK 70.0-75.0m), while its EBITDA guidance range is maintained at the range of DKK 1.0-5.0m.
Today, Wirtek has been selected by a US-based private healthcare organization to develop the next phase of an application for patient management and cost governance, helping private hospitals and private practices track clinical efficiency. The new project expands Wirtek’s presence in the US and reinforces its capability to deliver critical systems with strong user focus and business impact.
