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XHEL
BITTI
Market cap1.34bUSD
Oct 23, Last price  
33.55EUR
1D
-2.75%
1Q
29.04%
Jan 2017
491.71%
IPO
283.43%
Name

Bittium Oyj

Chart & performance

D1W1MN
XHEL:BITTI chart
P/E
55.99
P/S
10.00
EPS
0.60
Vol. 1Y
69.04%
Shs. 5Y
-0.14%
Rev. 5Y
8.76%
Div Yld LY
0.30%
Div Yld TTM
0.89%
Revenues
119m
+40.02%
181,477,000144,304,000172,264,000153,764,000161,766,000162,175,000185,410,000199,281,000224,136,00056,813,00064,193,00051,637,00062,840,00075,217,00078,385,00086,868,00082,464,00075,200,00085,200,000119,300,000
Net income
21m
+191.78%
74,223,000-6,890,000-49,492,000-2,036,000-15,664,000-5,077,0002,267,00030,946,00012,515,000541,323,0003,505,000-3,108,0004,024,0007,644,0002,181,0003,324,000253,000-5,431,0007,300,00021,300,000
CFO
15m
-37.30%
-1,000-27,064,000-24,674,000392,0001,467,0005,266,0008,071,00034,687,00010,512,0002,107,000-1,698,000-45,000-548,0009,649,0006,903,0008,278,0008,021,0001,211,00024,400,00015,300,000
Dividend
Aug 10, 20260.15 EUR/sh

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Profile

Based in Oulu, Finland, Bittium Oyj delivers advanced solutions in connectivity, tactical communications, and biosignal measurement and monitoring. The company equips clients in defense, security, and public safety with a full spectrum of secure communication systems. These offerings span secured smartphones, tactical radios, and wireless broadband networks, alongside critical software such as device management, encryption applications, VPN tools, and monitoring modules. Bittium's communication capabilities further extend to VoIP software, tactical IP products, and LTE access solutions. In addition to its product lines, the firm provides specialized research and development services for the wireless telecommunications, medical technology, automotive, and manufacturing sectors. Its healthcare technology division develops products and services for biosignal analysis, applied across cardiology, neurology, rehabilitation, occupational health, and sports medicine. Established in 1985 as Elektrobit Corporation before rebranding to Bittium Oyj in July 2015, the company operates internationally with a footprint in Finland, Germany, the United States, Mexico, and Singapore.

Key people

Petri Toljamo
Chief Executive Officer, Director · since 2025
Petri Hiljanen
Chief Financial Officer, Member of the Management Team · since 2024
Teemu Hannula
Chief Operating Officer · since 2025
Niina Huikuri
Senior Vice President - Medical Business Segment, Member of the Management Team · since 2025
Tommi Kangas
Senior Vice President - Defense and Security Business Segment, Member of the Management Team · since 2024
Jari Inget
Vice President - Engineering Services Business Segment, Member of the Management Team · since 2023
Karoliina Malmi
Vice President - Communications and Sustainability, Member of the Management Team · since 2023
Kari Jokela
Chief Legal Officer, Member of the Management Team · since 2014
Raimo Jyvaesjaervi
Director · since 2024
Independent Director · since 2019
Independent Director · since 2020
Riitta Tiuraniemi
Independent Director · since 2018
Erkki Veikkolainen
Independent Chairman of the Board · since 2015
IPO date
May 31, 2002
Employees
616
Domiciled in
FI
Incorporated in
FI
Headquarters & legal address
Ritaharjuntie 1
90590 OULU
OULU FI-90590
FI

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