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White Pearl Technology Valuation Multiples

Discover White Pearl Technology's revenue and EBITDA valuation multiples and M&A history, alongside public comparables like Infotrust, Insung Information, Space Hellas, Ctac and more.

White Pearl Technology Overview

About White Pearl Technology

White Pearl Technology Group AB is a diversified IT company that offers solutions and products from its portfolio as well as from third-party vendors. Operating in thirty countries, the group has established a robust presence in various markets. Its primary focus is on emerging markets, including Africa, the Middle East, Asia, and, to a lesser extent, Latin America, which offer ample growth opportunities. The company actively supports businesses in these regions by providing technological solutions and services to empower organizations in the digital era.


Founded

2013

HQ

Sweden

Employees

750

Financials (LTM)

Revenue: $62M
EBITDA: $10M

EV

$48M

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White Pearl Technology Financials

White Pearl Technology reported last 12-month revenue of $62M and EBITDA of $10M.

In the same LTM period, White Pearl Technology generated $22M in gross profit, $10M in EBITDA, and $9M in net income.

Revenue (LTM)


White Pearl Technology P&L

In the most recent fiscal year, White Pearl Technology reported revenue of $57M and EBITDA of $10M.

White Pearl Technology is profitable as of last fiscal year, with gross margin of 20%, EBITDA margin of 17%, and net margin of 16%.

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LTMLast FY202320242025202620272028
Revenue$62M$57M$26M$33M$54M
Gross Profit$22M$11M$9M$8M$11M
Gross Margin35%20%37%24%21%
EBITDA$10M$10M$4M$3M$10M
EBITDA Margin17%17%14%8%18%
EBIT Margin16%17%14%16%17%
Net Profit$9M$9M$3M$2M$7M
Net Margin15%16%11%7%13%

Financial data powered by Morningstar, Inc.

White Pearl Technology Stock Performance

White Pearl Technology has current market cap of $47M, and enterprise value of $48M.

Market Cap Evolution


White Pearl Technology's stock price is $1.50.

White Pearl Technology share price decreased by 11.8% in the last 30 days, and increased by 117.6% in the last year.

White Pearl Technology has an EPS (earnings per share) of $0.29.

See more trading valuation data for White Pearl Technology
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$48M$47M-2.7%-11.8%-8.4%117.6%$0.29

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White Pearl Technology Valuation Multiples

White Pearl Technology trades at 0.8x EV/Revenue multiple, and 4.7x EV/EBITDA.

See NTM and 2027E valuation multiples for White Pearl Technology

EV / Revenue (LTM)


White Pearl Technology Financial Valuation Multiples

As of June 5, 2026, White Pearl Technology has market cap of $47M and EV of $48M.

White Pearl Technology has a P/E ratio of 5.1x.

LTMLast FY202320242025202620272028
EV/Revenue0.8x0.8x1.9x1.5x0.9x
EV/EBITDA4.7x5.0x13.7x18.5x5.0x
EV/EBIT4.7x5.0x13.9x9.2x5.3x
EV/Gross Profit2.2x4.3x5.2x6.1x4.3x
P/E5.1x5.2x16.2x20.2x6.5x
EV/FCF25.6x9.6x63.1x31.7x9.6x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified White Pearl Technology Valuation Multiples

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White Pearl Technology Margins & Growth Rates

White Pearl Technology grew revenue by 20% and EBITDA by 15% in the last fiscal year.

In the most recent fiscal year, White Pearl Technology reported gross margin of 20%, EBITDA margin of 17%, and net margin of 16%.

See estimated margins and future growth rates for White Pearl Technology

White Pearl Technology Margins

Last FY202420252026202720282029
Gross Margin20%24%21%36%
EBITDA Margin17%8%18%16%
EBIT Margin17%16%17%16%
Net Margin16%7%13%13%
FCF Margin9%5%9%3%

White Pearl Technology Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth20%29%65%27%
Gross Profit Growth117%(16%)43%117%
EBITDA Growth15%(26%)269%16%
EBIT Growth13%52%73%20%
Net Profit Growth4%(20%)214%28%
FCF Growth(55%)99%229%(55%)

Data powered by FactSet, Inc. and Morningstar, Inc.

White Pearl Technology Operational KPIs

White Pearl Technology's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.

White Pearl Technology's Rule of 40 is 43% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

White Pearl Technology's Rule of X is 83% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

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LTMLast FY202320242025202620272028
Rule of 4033%43%---
Bessemer Rule of X58%83%---
Revenue per Employee-$0.1M---
Opex per Employee-$0.0M---
S&M Expenses to Revenue--0%--
G&A Expenses to Revenue-0%5%1%0%
Opex to Revenue-4%23%8%4%

Data powered by FactSet, Inc. and Morningstar, Inc.

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White Pearl Technology Competitors

White Pearl Technology competitors include Infotrust, Insung Information, Space Hellas, Ctac, Danlaw Technologies, Webstep, Quality and Reliability, Creactives Group, Technologies and Atende.

Most White Pearl Technology public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Infotrust0.9x1.3x9.1x18.9x
Insung Information0.2x-(38122.3x)-
Space Hellas0.7x-5.8x-
Ctac0.3x0.3x4.1x3.8x
Danlaw Technologies1.8x-11.7x-
Webstep0.6x0.6x6.5x7.2x
Quality and Reliability2.2x-16.5x-
Creactives Group6.4x5.0x223.2x59.0x

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Acquisitions by White Pearl Technology

White Pearl Technology has acquired 8 companies to date.

Last acquisition by White Pearl Technology was on May 17th 2026. White Pearl Technology acquired Peritum Agri Institute for $1M (EV/Revenue multiple available to Pro users).

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Latest Acquisitions by White Pearl Technology

Peritum Agri Institute
SaltyCustoms
Top4 Marketing
Lumin4ry Consulting
Description
Peritum Agri Institute provides training programs in agricultural skills and supports workforce transformation.
SaltyCustoms is a custom t-shirt printing company enabling personal expression through apparel design and production for events, campaigns, and individual stories.
Top4 Marketing delivers digital marketing services encompassing website design, development, search engine optimization, and paid advertising campaigns. Based in Sydney, Australia, the agency supports businesses in enhancing online presence through customized web solutions and SEO strategies that boost search rankings. It serves clients across retail, professional services, and e-commerce sectors, integrating Google Ads and social media advertising to drive traffic and conversions.
Lumin4ry Consulting is a Stockholm-based firm delivering end-to-end IT and business transformation services for Nordic enterprises. Expertise spans program governance, agile project delivery, enterprise architecture design, requirements engineering, QA testing, custom software development, and managed operations. The team supports digital change initiatives in telecom, finance, and public sectors, with methodologies aligned to SAFe and DevOps practices. Over 50 consultants drive implementations that integrate cloud platforms like Azure and AWS. Recent projects include migrating legacy systems for major banks and deploying AI-enhanced customer platforms.
HQ CountrySouth AfricaMalaysiaAustraliaSweden
HQ City
Bloemfontein
-
Sydney
Stockholm
Deal Date17 May 202616 Feb 202617 Jun 202519 Jan 2025
Valuation$1M$500K$600K$1M
EV/Revenue
EV/EBITDA

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About White Pearl Technology

When was White Pearl Technology founded?White Pearl Technology was founded in 2013.
Where is White Pearl Technology headquartered?White Pearl Technology is headquartered in Sweden.
How many employees does White Pearl Technology have?As of today, White Pearl Technology has over 750 employees.
Is White Pearl Technology publicly listed?Yes, White Pearl Technology is a public company listed on Nasdaq Stockholm.
What is the stock symbol of White Pearl Technology?White Pearl Technology trades under WPTG B ticker.
When did White Pearl Technology go public?White Pearl Technology went public in 2016.
Who are competitors of White Pearl Technology?White Pearl Technology main competitors include Infotrust, Insung Information, Space Hellas, Ctac, Danlaw Technologies, Webstep, Quality and Reliability, Creactives Group, Technologies, Atende.
What is the current market cap of White Pearl Technology?White Pearl Technology's current market cap is $47M.
What is the current revenue of White Pearl Technology?White Pearl Technology's last 12 months revenue is $62M.
What is the current revenue growth of White Pearl Technology?White Pearl Technology revenue growth (NTM/LTM) is 17%.
What is the current EV/Revenue multiple of White Pearl Technology?Current revenue multiple of White Pearl Technology is 0.8x.
What is the current EBITDA of White Pearl Technology?White Pearl Technology's last 12 months EBITDA is $10M.
What is White Pearl Technology's EBITDA margin?White Pearl Technology's last 12 months EBITDA margin is 17%.
What is the current EV/EBITDA multiple of White Pearl Technology?Current EBITDA multiple of White Pearl Technology is 4.7x.
What is the current FCF of White Pearl Technology?White Pearl Technology's last 12 months FCF is $2M.
What is White Pearl Technology's FCF margin?White Pearl Technology's last 12 months FCF margin is 3%.
What is the current EV/FCF multiple of White Pearl Technology?Current FCF multiple of White Pearl Technology is 25.6x.
How many companies White Pearl Technology has acquired to date?As of June 2026, White Pearl Technology has acquired 8 companies.
What was the largest acquisition by White Pearl Technology?$2M acquisition of Ayima on 12th April 2024 was the largest M&A White Pearl Technology has done to date.
What companies White Pearl Technology acquired?White Pearl Technology acquired Ayima, Peritum Agri Institute, Lumin4ry Consulting, OneBrain AI, Top4 Marketing, SaltyCustoms, Independent Software Solutions Consulting, and Nuport Sverige.
In how many companies White Pearl Technology has invested to date?White Pearl Technology hasn't invested in any companies yet (or none have been disclosed publicly).

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