Nixu as an investment

Petri Kairinen, Nixu CEO's review on April 15, 2021

Reflecting the company’s mission, “we keep the digital society running", the Nixu growth strategy will focus particularly on cybersecurity services for digital business transformation. Developing and delivering cybersecurity services that enable clients to utilize the opportunities provided by the Industrial Internet of Things and digital identities will be a key priority for Nixu.

The key effects supporting the growth in cybersecurity markets are: digitalisation of the society, growth of cloud services and wireless connections, increase in cyber criminality and development of legislation.

In 2020, Nixu Group’s revenue stood at EUR 53,272 (51,168) thousand. Revenue increased by 4% from the previous year. The Group’s revenue growth came from acquisitions.

Nixu estimates its revenue to remain on the same level and its EBITDA to decrease from 2020.
Simultaneously investments to growth are increased.

The Board of Directors of Nixu has adopted a profit distribution policy on September 25, 2014.

As a result of the global Covid-19 pandemic, Nixu announced in May 2020 that it would not seek growth in the short term in accordance with the growth targets set for 2020–2024, but would ensure the profitability and efficiency of its operations during this exceptional period to be able to continue the implementation of its growth ambition as soon as the market situation normalizes.