Inside information: Change in Admicom's Leadership Team
Unofficial translation of the company release on December 10, 2024 at 11:00 a.m. EET. In case the document differs from the original, the Finnish version prevails.
Petri Aho, Chief Development Officer and member of Admicom's ("Admicom") Leadership Team, has announced his decision to leave Admicom. Aho will continue in his position as Chief Development Officer until the end of January 2025, but will leave the Group Management Team as of 10 December 2024.
"On behalf of the entire personnel, Leadership Team and Board of Directors, I would like to warmly thank Petri for his strong contribution. Petri has played a significant role in Admicom's growth management, strategy renewal and development, and taking the first steps towards internationalization. We wish Petri all the best for the next phase of his career," comments Admicom's interim CEO Satu Helamo.
"It has been a privilege to lead and develop Admicom's unique growth story and to see first-hand the company's strong capabilities and expertise in digitalizing and improving productivity in the construction industry. I would like to wish Admicom every success and thank all my colleagues, Admicom employees and the company's Board of Directors for their excellent cooperation," says Petri Aho.
Admicom Oyj
Additional information:
Satu Helamo
Interim CEO
satu.helamo@admicom.com
+358 45 633 7710
Certified advisor:
Oaklins Finland Ltd
+358 09 612 9670
Keywords
Admicom Oyj
Established in 2004, Admicom is a pioneer in system development and a comprehensive software and accounting services partner for small and medium-sized enterprises.
At the core of our service package is the Admicom Ultima ERP system (formerly Adminet), which covers a wide range of solutions for managing customer companies' operations from mobile tools on the construction site to real-time financial monitoring and project management. A highly automated SaaS solution helps SMEs improve their competitiveness and profitability and saves significant time on site and in the office. We also offer our clients training, consulting and accounting services.
Our software family also includes Ultima Lite (formerly Adminet Lite), a cost-effective software and service package for small businesses, Admicom Flex (formerly Hillava), a precision solution for mobile work management, Admicom Vision (formerly Kotopro), which offers modern solutions for higher quality documentation, and a project management unit whose range of services includes solutions for quantity and cost calculation (Estima and Estima Pro), scheduling (Tempo and Planner, formerly Tocoman Aikataulu) and BIM3 solutions for utilising building information models.
We are constantly working to coordinate the functions of our software family in order to provide our customers with a consistent user experience between systems and eliminate
extra work phases, enabling our customers to do more profitable business using modern software solutions.
The continuously growing Admicommunity employs more than 270 people in its offices in Jyväskylä, Helsinki, Tampere, Oulu, Seinäjoki and Turku. More information: www.admicom.com.
Admicom's press releases and financial reports: https://investors.admicom.fi/releases-and-reports
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Latest releases from Admicom Oyj
Admicomin julkaisee vuoden 2024 tilinpäätöstiedotteensa ja vuosikertomuksensa 23.1.202516.1.2025 08:00:00 EET | Tiedote
Lehdistötiedote 16.1.2025 Admicom Oyj julkaisee vuoden 2024 tilinpäätöstiedotteensa ja vuosikertomuksensa torstaina 23.1.2025 noin klo 8.00. Samana päivänä toimitusjohtaja Simo Leisti ja talousjohtaja Satu Helamo esittelevät tuloksen verkkolähetyksessä klo 10.00. Lähetys pidetään englanniksi ja sitä voi seurata osoitteessa https://admicom.events.inderes.com/q4-2024. Tilaisuuden esitysaineisto ja verkkolähetyksen tallenne tulevat tapahtuman jälkeen saataville myös Admicomin sijoittajasivuille. Lisätietoja: Satu Helamo talousjohtaja satu.helamo@admicom.com +358 45 633 7710
Admicom will publish its financial statements release and annual report for 2024 on January 23, 202516.1.2025 08:00:00 EET | Press release
Press release on January 16, 2025 Admicom Oyj will publish its 2024 financial statements release and annual report on Thursday January 23, 2025 at about 8 a.m. EET. On the same day, CEO Simo Leisti and CFO Satu Helamo will present the results in a webcast at 10 a.m. EET. The webcast is held in English and can be followed at https://admicom.events.inderes.com/q4-2024. The presentation and recording of the webcast will be available at Admicom’s investor pages after the event. Additional information: Satu Helamo CFO satu.helamo@admicom.com +358 45 633 7710
The shares subscribed for in Admicom Oyj's directed share issue have been registered with the Trade Register14.12.2024 09:02:00 EET | Press release
Unofficial translation of the company release on December 14, 2024 at 9:00 a.m. EET. In case the document differs from the original, the Finnish version prevails. The 18,867 new shares subscribed for in the directed share issue carried out by Admicom Oyj (the "Company") on December 12, 2024 have been registered in the Trade Register maintained by the Finnish Patent and Registration Office today, December 14, 2023. The total number of shares in the company after the registration of the new shares is 5,007,852. The new shares are entitled to dividends and other distributions of assets as well as other shareholder rights from this registration date. The shares will be admitted to trading on Nasdaq First North Growth Market Finland maintained by Nasdaq Helsinki Ltd on approximately December 16, 2024. Admicom Oyj BOARD OF DIRECTORS Additional information: Satu Helamo Interim CEO satu.helamo@admicom.com +358 45 633 7710 Certified advisor: Oaklins Finland Ltd +358 09 612 9670
Admicom Oyj: Admicom specifies its 2024 financial guidance12.12.2024 22:13:00 EET | Press release
Unofficial translation of the company release on December 12, 2024 at 10:10 p.m. EET. In case the document differs from the original, the Finnish version prevails. Admicom Oyj (”Admicom”) specifies its 2024 financial guidance. Admicom has on 12 December, 2024 completed the acquisition of Bauhub Oü which was announced on 3 December, 2024. The adjustment of the guidance is related to the impact of the acquisition on Admicom’s Annual Recurring Revenue (ARR) growth. Financial guidance related to total revenue and adjusted EBITDA remains unchanged. New financial guidance for 2024 (as of 12 December, 2024) Annual Recurring Revenue (ARR) is expected to grow in 2024 by 8-11%. ARR in 2023 was 32.5 million euros. Total revenue is expected to grow from 2023 level. Total revenue in 2023 was 34.3 million euros. Adjusted EBITDA is expected to be 32-37% of revenue. Previous financial guidance for 2024: Annual Recurring Revenue (ARR) is expected to grow in 2024 by 5-10%. ARR in 2023 was 32.5 million e
Admicom Oyj's subsidiary Tocoman Oy has completed the acquisition of Bauhub OÜ and Admicom Oyj has decided on a directed share issue as part of the acquisition12.12.2024 22:07:00 EET | Press release
Unofficial translation of the company release on December 12, 2024 at 10:05 p.m. EET. In case the document differs from the original, the Finnish version prevails. Admicom Oyj's (”Admicom”, ”Yhtiö”) subsidiary Tocoman Oy has completed the acquisition of Bauhub OÜ ("Bauhub") announced on December 3, 2024, and Admicom's Board of Directors also decided, as part of the acquisition, on a directed share issue to companies owned by Bauhub's operative founding shareholders and key personnel, Teet Parts, Marko Leek and Henri Trees. Bauhub will become part of the Admicom Group as of December 12, 2024. Strategically, the acquisition expands Admicom's international growth opportunities and market potential, strengthens the Company's value proposition for customers, and enhances cross-selling and upselling opportunities in existing target markets. The acquisition is also well aligned with Admicom's ongoing strategic initiative to consolidate and integrate the Group's software into two stronger enti
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