Annual
report 2024

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Bittium in 2024

CEO’s Greetings

In 2024 we were able to take Bittium into profitable growth path. We have made very good progress towards the goals, and I am proud of our achievements. At the end of the year, we updated our strategy for the next three years.

Read CEO’s Review

Key Figures

Net Sales

85.2

MEUR

Products

52.0

MEUR

Services

33.2

MEUR

Defense & Security

51.6

MEUR

Medical

19.3

MEUR

Engineering Services

14.3

MEUR

Operating Result

8.6

MEUR

Cash and Other Liquid Assets

21.8

MEUR

Equity Ratio

69.9

Net Gearing

-0.7

Earnings per Share

0.205

EUR

Order Backlog

45.1

MEUR

Essential Press Releases

February 26, 2024

Inside Information: A Consortium Led by Bittium Wireless Ltd, a subsidiary of Bittium Corporation, and Lockheed Martin Have Signed a Frame Agreement to Develop Tactical Networks’ Situational Awareness

april 05, 2024

Inside Information: Finnish Ministry of Defence Decided on a Partnership Agreement with Bittium Wireless Ltd, a Subsidiary of Bittium Corporation

June 06, 2024

Bittium Tactical Wireless IP Network™ System and Bittium Tough SDR Vehicular™ Radio Accepted as Tactical Communications Solutions for the Armament of the Croatian Armed Forces

june 19, 2024

Inside Information: Bittium Wireless Ltd, a subsidiary of Bittium Corporation and BAE Systems Signed a Framework Agreement on Bittium’s Tactical Communications Offering

august 15, 2024

A Consortium Led by Bittium and Lockheed Martin Signed a Framework Agreement on the Development of Tactical Networks’ Cyber Situational Awareness

November 04, 2024

Inside Information: Finnish Defence Forces Authorized to Start Serial Procurement of Bittium Tough SDR™ Tactical Radios from Bittium Wireless Ltd, a Subsidiary of Bittium Corporation

november 25, 2024

Inside Information: Bittium Wireless Ltd, a Subsidiary of Bittium Corporation, and Finnish Defence Forces Signed a Partnership Agreement

December 20, 2024

Bittium Corporation Updates Its Strategy and Long-Term Financial Goals

Defense & Security

Engineering Services

Medical

Sustainability Statement

This sustainability statement is the first report prepared in accordance with ESRS standards.

Personnel

Total