Operations: Pexip generates revenue primarily through the sale of collaboration services, amounting to NOK1.12 billion. The company focuses on providing a comprehensive video conferencing platform and digital infrastructure worldwide.

Pexip Holding, a standout in the European tech scene, has pivoted from a net loss to reporting a robust net income of NOK 117.91 million this year, reflecting significant operational improvements and market adaptation. With an impressive earnings growth forecast at 30% annually—outpacing the Norwegian market average of 8%—the company is strategically positioned for continued expansion. Additionally, its commitment to shareholder returns is evident with the announcement of both regular and special dividends totaling NOK 3 per share for 2024, underscoring confidence in its financial health and future prospects.

• Take a closer look at Pexip Holding's potential here in our health report.

• Evaluate Pexip Holding's historical performance by accessing our past performance report.

Hanza

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Hanza AB (publ) offers manufacturing solutions and has a market capitalization of approximately SEK3.45 billion.

Operations: Hanza AB (publ) generates revenue primarily from its Main Markets segment, contributing SEK2.86 billion, and Other Markets segment, which adds SEK1.97 billion. The Business Development and Services segment provides a smaller portion of revenue at SEK14 million.

Despite a challenging year with a net income drop to SEK 111 million from SEK 214 million, Hanza's resilience is evident in its robust revenue growth, up from SEK 4.143 billion to SEK 4.851 billion. This growth surpasses the Swedish market average significantly, marking an impressive 11% increase annually. The company's strategic focus on R&D is reflected in its commitment to innovation, crucial for staying competitive in the fast-evolving tech landscape of Europe. With earnings projected to grow by an annual rate of 26.8%, Hanza is well-positioned for future advancements, though it recently reduced its dividend payout to SEK 0.80 per share, signaling a cautious approach amidst its expansive strategies.

• Unlock comprehensive insights into our analysis of Hanza stock in this health report.

• Explore historical data to track Hanza's performance over time in our Past section.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include OB:KIT OB:PEXIP and OM:HANZA.

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