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Verkkokauppa.com Oyj

Sector unknown·VERK · Nasdaq Helsinki·Fiscal year to 31/12/2025

E-commerceArtificial intelligenceLabour and wagesSemiconductors and electronic componentsBusiness cycle and GDP growth

Exposure profile

Raw materials and inputsMacroTechnologyRegulationEnd marketsGeography
Raw materials and inputs Labour and wages, Semiconductors and electronic components
Macro Business cycle and GDP growth, Global trade volumes, Currency exposure, USD vs DKK/EUR
Technology E-commerce, Artificial intelligence, Electrification, Digitalisation
Regulation Circular economy and recycling
End markets Shipping and logistics
Geography Europe, Denmark, China

Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.

In their own words

Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.

Semiconductors and electronic components

Raw materials and inputs

InputNegative impact: weakens

“Detailed information about the process to identify and assess material impacts, risks, and opportunities related to the environment Impacts, risks, and opportunities related to pollution, water resources, marine resources, resource use, and the circular economy were identified by screening the company’s assets and operations across the value chain.”

Annual report 2025A · The company itself

Market

“The core categories of the product range are computers and peripherals, TV and video, mobile devices, and home appliances.”

Annual report 2025A · The company itself

Market

“Curated Assortment – Focusing on core categories with selected category expansions The company maintains a strong focus on its core categories— electronics and home appliances—ensuring they are optimally suitable for fast deliveries, competitively priced and consistently available. In 2025, Verkkokauppa.com focused on its core categories by offering the best assortment, with competitive pricing and the best availability.”

Annual report 2025A · The company itself

Chains in: Artificial intelligence strengthens

Artificial intelligence

Technology

DriverPositive impact: strengthens

“In 2025, the company conducted a comprehensive exploration of AI opportunities across the organization, identifying several hundred potential use cases that support operational excellence and improve customer experience.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Operational Excellence – Stronger profitability through platform and AI-driven development Verkkokauppa.com continuously develops its operations, platform and data capabilities to drive efficiency and profitability.”

Annual report 2025A · The company itself

Chains out: this strengthens Data centres, strengthens Semiconductors and electronic components, strengthens Semiconductor industry

Circular economy and recycling

Regulation

DriverPositive impact: strengthens

“In turn, the development of the service business, increases the company’s opportunities to promote circular economy and thereby reduce several environmental impacts.”

Annual report 2025A · The company itself

Market

“The company's range of services includes installation, maintenance, and recycling services, a trade-in service for used consumer electronics, visibility sales, and financing services provided through its partner Walley.”

Annual report 2025A · The company itself

Chains in: EU climate and energy policy strengthens

Consumer spending

Macro

Market

“Verkkokauppa.com Group’s customers are consumers and companies.”

Annual report 2025A · The company itself

Chains in: Inflation weakens
Chains out: this strengthens Retail, strengthens Hospitality and leisure, strengthens Premium consumers, strengthens Grocery retail and private label

Digitalisation

Technology

StrategyPositive impact: strengthens

“Operational Excellence – Stronger profitability through platform and AI-driven development Verkkokauppa.com continuously develops its operations, platform and data capabilities to drive efficiency and profitability.”

Annual report 2025A · The company itself

Chains in: Cybersecurity (products and services) strengthens, Public investment and infrastructure strengthens
Chains out: this strengthens IT consulting and public-sector IT

Retail

End markets

Market

“SBM-1 Strategy, business model and value chain The company is a Finnish retail company spezializing in consumer electronics and home and leisure products, primarily operating in Finland.”

Annual report 2025A · The company itself

Chains in: Consumer spending strengthens

SMEs

End markets

Market

“It serves both consumer and business customers online and through four stores located in Helsinki, Pirkkala, Raisio, and Oulu.”

Annual report 2025A · The company itself

E-commerce

Technology

DriverPositive impact: strengthens

“Fastest Fulfilment – Rapid deliveries accelerating the shift to online Verkkokauppa.com continues to invest in seamless and convenient online shopping experiences to drive the transition from traditional retail to e-commerce. As the only operator in Finland, Verkkokauppa.com already delivers products to two million consumers within one hour.”

Annual report 2025A · The company itself

DriverPositive impact: strengthens

“Sales of products sold to customers through a store are recognized as revenue when the product is delivered, when control is transferred. If the customer has chosen delivery for the product, the sale is recognized as revenue when the customer gains control of the product.”

Annual report 2025A · The company itself

Business cycle and GDP growth

Macro

DriverPositive impact: strengthens

“Annual revenue growth (CAGR) of over 5 percent, faster than the market 2.”

Annual report 2025A · The company itself

Chains out: this strengthens Global trade volumes, strengthens Construction

Electrification

Technology

DriverNegative impact: weakens

“The company's strategic focus on fast deliveries may increase the company’s indirect greenhouse gas emissions from distribution in the short and medium term.”

Annual report 2025A · The company itself

Chains out: this strengthens Electricity, strengthens Power grid expansion, strengthens Copper

Labour and wages

Raw materials and inputs

InputNegative impact: weakens

“The company's extensive supplier network and focus on consumer electronics require strong processes to ensure the responsibility of its supply chains.”

Annual report 2025A · The company itself

Shipping and logistics

End markets

InputNegative impact: weakens

“The company's strategic focus on fast deliveries may increase the company’s indirect greenhouse gas emissions from distribution in the short and medium term.”

Annual report 2025A · The company itself

Chains in: Carbon tax and ETS prices weakens, Global trade volumes strengthens, Fuel strengthens

Denmark

Geography

Geography

“It serves both consumer and business customers online and through four stores located in Helsinki, Pirkkala, Raisio, and Oulu.”

Annual report 2025A · The company itself

Geography

“The company's pick-up warehouses are located in Helsinki and Vantaa.”

Annual report 2025A · The company itself

China

Geography

Geography

“At the end of the year, the company had 594 employees (615) of which 578 were in Finland (597), 14 in China (15), and 2 in Hong Kong (3).”

Annual report 2025A · The company itself

Currency exposure

Macro

DriverNegative impact: weakens

“The currency risk of Verkkokauppa.com Oyj arises mainly from the purchase of goods, as the company has purchasing activities in several different currencies.”

Annual report 2025A · The company itself

Europe

Geography

Geography

“In 2025, the company strengthened its presence in Sweden by initiating a strategic partnership with Amazon.se and establishing new wholesale collaborations.”

Annual report 2025A · The company itself

Global trade volumes

Macro

DriverNegative impact: weakens

“Based on the current assessment, physical risks could mainly affect supply chains.”

Annual report 2025A · The company itself

Chains in: Tariffs and trade policy weakens, Geopolitical uncertainty weakens, Business cycle and GDP growth strengthens
Chains out: this strengthens Shipping and logistics

Inflation

Macro

InputNegative impact: weakens

“The payments for all the leases of the company real estate and facilities are linked to the cost-of-living index.”

Annual report 2025A · The company itself

Chains out: this weakens Consumer spending, strengthens Interest rates

Interest rates

Macro

DriverNegative impact: weakens

“EUR thousand 2025 2024Change +/- 1% +/-1%Impact on result after tax 170 200 Liquidity risk The Group aims to monitor the amount of financing required by the business by analysing sales cash flow forecasts, so that the Group has enough liquid assets to finance operations and to repay maturing loans.”

Annual report 2025A · The company itself

Chains in: Public debt and fiscal policy strengthens, Inflation strengthens
Chains out: this weakens Construction, weakens Real estate, weakens Wind power, weakens Housing market, weakens Office and commercial property, weakens Residential rental, weakens Residential construction

USD vs DKK/EUR

Macro

DriverNegative impact: weakens

“However, the management of the company does not consider the foreign exchange rate risk to be significant, as most purchases are made in euros.”

Annual report 2025A · The company itself

Chains out: this mixed effect United States

Competitors mentioned in the report

No named competitors in the report.

Financial figures

Revenue
latest fiscal year
0.53 bn EUR
Revenue growth
vs. the year before, same method
12.5 %
EBITDA
reported by the company
0.02 bn EUR
Net debt
debt incl. leasing minus cash
N/A
Diluted EPS
per share
0.27 EUR

Source: annual report (ESEF) A. See the report

Criteria

Profit✓
Growing✓
Healthy balance sheetN/A

Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.

Figures are in the report's currency (EUR), not converted to DKK. Quotes are shown as the company's own words in the report's original language.

This page describes what the company itself writes. It isn't an assessment and isn't a recommendation. Run an analysis to see how the company connects to your view.