Proact IT Group AB (publ)

Stockholm Stock Exchange PACT.ST

Proact IT Group AB (publ) Net Cash Used For Investing Activities for the year ending December 31, 2023: USD -5.13 M

Proact IT Group AB (publ) Net Cash Used For Investing Activities is USD -5.13 M for the year ending December 31, 2023, a 72.43% change year over year. Net cash used for investing activities is total cash inflows and outflows related to activities intended to generate future income and cash flows from investments.

Proact IT Group AB (publ) Net Cash Used For Investing Activities for the year ending December 31, 2022 was USD -18.59 M, a 58.28% change year over year.
Proact IT Group AB (publ) Net Cash Used For Investing Activities for the year ending December 31, 2021 was USD -44.55 M, a -147.16% change year over year.
Proact IT Group AB (publ) Net Cash Used For Investing Activities for the year ending December 31, 2020 was USD -18.02 M, a 17.83% change year over year.
Proact IT Group AB (publ) Net Cash Used For Investing Activities for the year ending December 31, 2019 was USD -21.94 M, a -38.22% change year over year.

Key data

Date	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities	Dividends Paid	Capital Expenditure

Stockholm Stock Exchange: PACT.ST

Proact IT Group AB (publ)

CEO	Mr. Jonas Hasselberg
IPO Date	Jan. 3, 2000
Location	Sweden
Headquarters	KistagAngen 2
Employees	1,161
Sector	Industrials
Industries Professional Services Database Defense & Military Investment Banking & Asset Management Pollution Treatment Research & Consulting Software-as-a-Service (SaaS) Telecommunications & Networking

Description

Proact IT Group AB (publ), together with its subsidiaries, provides data and information management services with focus on cloud services and data center solutions. It offers data strategy advisory services, including strategic consultancy and architecture services; storage data, archive, and database management services; connect data services, such as network, edge computing, and cloud based solutions; backup, disaster recovery, security, and support services to secure and protest data; and artificial intelligence, analytic, automation, and workspace related services. The company also provides professional services, such as strategic consulting, project management, design, migration, implementation, training, health check, maintenance, and assessment services. It serves retail and services, public, telecom, manufacturing, oil and energy, banking and finance, media, and other sectors. The company operates in Sweden, Norway, Finland, Denmark, the United Kingdom, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia, the Netherlands, Belgium, Spain, Germany, and the United States. Proact IT Group AB (publ) was incorporated in 1994 and is headquartered in Kista, Sweden.

Key trends

Past 5 years