Its business activities are divided into two segments: IT infrastructure, covering consulting and implementation of IT solutions, and development and marketing of business applications, as well as data infrastructure, covering administration, planning and implementation of mobile data infrastructure. Its subsidiary portfolio consists of about 10 companies, including ITCG AG, proMX GmbH, Sinnwell AG, Desksite GmbH, and MCS Metra Cloud Service GmbH.
Cyborg Score Rationale
audius SE demonstrates a diversified IT services and software portfolio with established subsidiaries serving multiple sectors. However, as a smaller, regional player in the competitive German IT services market, it faces challenges in scale and global reach compared to larger competitors.
Top Insights
Founded in 1991, renamed from IT Competence Group SE to audius SE in October 2020.
Market cap approximately €58.065M with a PE ratio of 34.71.
Comprehensive IT service offering including consulting, managed services, hosted solutions, and connectivity.
Ticker changed to 3ITN as of August 23, 2024.
Named Competitors
Consulting and IT Services — Large global IT consulting and services
Consulting and IT Services — European IT services and consulting leader
Cloud and Enterprise Software — Primary technology partner for Dynamics 365 solutions
Recent Developments
(August 2024) Ticker symbol changed to 3ITN
(2024) Registered share conversion and share register management transferred to Captrace GmbH
(2020) Company renamed from IT Competence Group SE to audius SE
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