Bittium Oyj Logo

Bittium Oyj

ISIN: FI0009007264 | Ticker: BITTI | LEI: 743700NFG5W5I59OVX65
Country: Finland

About Bittium Oyj

Company Description

Bittium specializes in the development of reliable, secure communications and connectivity solutions leveraging its over 35-year legacy of expertise in advanced radio communication technologies. Bittium provides innovative products and services, customized solutions based on its product platforms and R&D services. Complementing its communications and connectivity solutions, Bittium offers proven information security solutions for mobile devices and portable computers. Bittium also provides healthcare technology products and services for biosignal measuring in the areas of cardiology and neurophysiology.

Year founded

1985

Served area

Worldwide

Headquarters

Ritaharjuntie 1, 90590 Oulu – Finland

Financial statements

Download as Excel
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 158,033,000.00 166,150,000.00 169,656,000.00
Noncurrent Assets N/A 86,358,000.00 85,878,000.00 85,008,000.00
Property Plant And Equipment N/A 22,810,000.00 20,891,000.00 19,664,000.00
Goodwill N/A 5,807,000.00 5,823,000.00 5,836,000.00
Intangible Assets Other Than Goodwill N/A 48,953,000.00 49,943,000.00 50,114,000.00
Investments In Associates Accounted For Using Equity Method N/A 1,507,000.00 1,283,000.00 1,010,000.00
Noncurrent Receivables N/A 1,207,000.00 1,081,000.00 856,000.00
Deferred Tax Assets N/A 5,961,000.00 6,745,000.00 7,416,000.00
Other Noncurrent Financial Assets N/A 112,000.00 112,000.00 112,000.00
Current Assets N/A 71,676,000.00 80,272,000.00 84,647,000.00
Inventories N/A 20,939,000.00 18,837,000.00 24,196,000.00
Trade And Other Current Receivables N/A 26,080,000.00 39,396,000.00 41,435,000.00
Cash and cash equivalents N/A 18,968,000.00 16,306,000.00 13,320,000.00
Equity And Liabilities N/A 158,033,000.00 166,150,000.00 169,656,000.00
Equity 112,327,000.00 114,247,000.00 116,815,000.00 115,774,000.00
Issued Capital N/A 12,941,000.00 12,941,000.00 12,941,000.00
Retained Earnings N/A 74,478,000.00 76,814,000.00 75,561,000.00
Equity Attributable To Owners Of Parent N/A 114,247,000.00 116,815,000.00 115,774,000.00
Liabilities N/A 43,786,000.00 49,335,000.00 53,882,000.00
Noncurrent Liabilities N/A 21,945,000.00 21,519,000.00 21,684,000.00
Deferred Tax Liabilities N/A 273,000.00 208,000.00 156,000.00
Other Noncurrent Liabilities N/A 281,000.00 200,000.00 192,000.00
Longterm Borrowings N/A 21,391,000.00 21,111,000.00 21,335,000.00
Current Liabilities N/A 21,841,000.00 27,816,000.00 32,198,000.00
Current Provisions N/A 2,580,000.00 3,524,000.00 4,662,000.00
Trade And Other Current Payables N/A 18,131,000.00 23,140,000.00 26,427,000.00
Line item in (eur) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 78,385,000.00 86,868,000.00 82,464,000.00
Other Income 852,000.00 2,594,000.00 2,740,000.00
Other Work Performed By Entity And Capitalised 342,000.00 530,000.00 496,000.00
Raw Materials And Consumables Used 21,189,000.00 23,311,000.00 20,227,000.00
Employee Benefits Expense 32,484,000.00 38,992,000.00 39,463,000.00
Depreciation And Amortisation Expense 11,400,000.00 10,452,000.00 10,699,000.00
Other Expense By Nature 12,459,000.00 13,923,000.00 14,784,000.00
Profit Loss From Operating Activities 2,079,000.00 3,223,000.00 342,000.00
Profit Loss Before Tax 1,644,000.00 2,535,000.00 -419,000.00
Income Tax Expense Continuing Operations -537,000.00 -790,000.00 -672,000.00
Profit Loss From Continuing Operations 2,181,000.00 3,324,000.00 253,000.00
Profit (loss) 2,181,000.00 3,324,000.00 253,000.00
Profit Loss Attributable To Owners Of Parent 2,181,000.00 3,324,000.00 253,000.00
Line item in (eur) 01.01.2021 01.01.2022 01.01.2023
Profit (loss) 2,181,000.00 3,324,000.00 253,000.00
Adjustments For Income Tax Expense -537,000.00 -790,000.00 -672,000.00
Adjustments For Finance Costs 579,000.00 760,000.00 851,000.00
Adjustments For Decrease Increase In Inventories -2,395,000.00 1,905,000.00 -4,571,000.00
Other Adjustments For Noncash Items 12,056,000.00 12,018,000.00 11,366,000.00
Interest Paid Classified As Operating Activities 579,000.00 753,000.00 850,000.00
Income Taxes Paid Refund Classified As Operating Activities 38,000.00 51,000.00 38,000.00
Cash Flows From Used In Operating Activities 6,903,000.00 8,278,000.00 8,021,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities 1,388,000.00 954,000.00 955,000.00
Purchase Of Intangible Assets Classified As Investing Activities 14,537,000.00 7,457,000.00 7,092,000.00
Cash Flows From Used In Investing Activities -15,925,000.00 -8,410,000.00 -8,047,000.00
Payments To Acquire Or Redeem Entitys Shares N/A N/A 144,000.00
Payments Of Lease Liabilities Classified As Financing Activities 1,475,000.00 1,375,000.00 1,425,000.00
Dividends Paid Classified As Financing Activities N/A 1,110,000.00 1,428,000.00
Cash Flows From Used In Financing Activities -1,475,000.00 -2,486,000.00 -2,997,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes -10,497,000.00 -2,618,000.00 -3,023,000.00
Cash and cash equivalents 18,968,000.00 16,306,000.00 13,320,000.00

Please note that some sums might not add up.

Filings & Publications

2022

Report
Q1
H1
Q3
FY
Consolidated Report
FIN
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

Report
Q1
H1
Q3
FY
Consolidated Report
ENG / FIN
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Sign up and we will give you access!

Capital markets information

ISIN

FI0009007264

LEI

743700NFG5W5I59OVX65

Sector

Information Technology

Industry Group

Technology Hardware & Equipment

Industry

Communications Equipment

Sub-Industry

Communications Equipment

Listed Stock Exchange

Nasdaq Helsinki

Contact Investor Relations department

Stay up to date

Keep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.