Wegesrand Expands with €600k New Contracts

Edyoutec AB, a prominent player in the Swedish EdTech and gaming industry, has announced a significant milestone through its subsidiary, Wegesrand. The company has secured two new contracts valued at a total of €600,000, marking a substantial step forward in its strategic growth plan. The contracts include a €400,000 project to develop a business-specific platform for an international retail client and a €200,000 extension of an existing project with a governmental institution.

Since the beginning of 2025, Wegesrand has accumulated contracts worth approximately 11.6 million SEK, reflecting its robust expansion strategy. This growth is largely fueled by its increasing footprint in the K12 market, where both existing projects have been expanded, and new clients have been acquired. Notably, Wegesrand has strengthened its collaborations with German governmental bodies and large corporations, highlighting its competitive edge in the EdTech sector.

Eric de Basso, CEO of Edyoutec AB, expressed his pride in the company's achievements, stating, 'We are more than proud to have exceeded our internal forecasts with this strong start to the new year. The ongoing projects and new contracts highlight our German operations' unique position within the EdTech segment.' The company is currently analyzing how these revenues will impact its financial goals and plans to update its objectives soon.

For investors, this development signals a strong performance trajectory for Edyoutec, driven by its subsidiary's strategic positioning and market penetration. The company's focus on game-based learning and Serious Games within the EdTech vertical, coupled with its expansion in the mobile gaming sector, positions it well for sustained growth.

Given the promising outlook and recent achievements, investors might consider holding their positions in Edyoutec. The company's strategic direction and successful contract acquisitions suggest potential for continued growth and profitability.