F-Secure

OverviewSuggest Edit

F-Secure is a European cyber security company with decades of experience in defending enterprises and consumers against everything from opportunistic ransomware infections to advanced cyber attacks. F-Secure provides security as a service to consumers and businesses, protecting digital content across devices and access points. 

TypePublic
Founded1988
HQHelsingfors, FI
Websitef-secure.com
Overall CultureB+

Latest Updates

Employees (est.) (Feb 2021)1,693
Revenue (FY, 2021)€236.3 M(+8%)
Share Price (May 2022)€4.8(+2%)
Cybersecurity ratingCMore
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Key People/Management at F-Secure

Risto Siilasmaa

Risto Siilasmaa

Chairman of the Board
Christine Bejerasco

Christine Bejerasco

Vice President Tactical Defense
Timo Hirvonen

Timo Hirvonen

Principal Consultant
Tom van de Wiele

Tom van de Wiele

Principal Security Consultant
Mikko Hyppönen

Mikko Hyppönen

Chief Research Officer
Erka Koivunen

Erka Koivunen

Chief Information Security Officer
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F-Secure Office Locations

F-Secure has offices in Helsingfors, Oulu, New York, Palo Alto and in 21 other locations
Helsingfors, FI (HQ)
Märaholmsgatan 7
Oulu, FI
Elektroniikkatie 3
Vilvoorde, BE
Luchthavenlaan 27/bus 48
København, DK
Rued Langgaards Vej 8, 2nd Floor
Rueil-Malmaison, FR
Rue Louis Blériot
München, DE
Kistlerhofstraße 172c
Show all (27)

F-Secure Financials and Metrics

F-Secure Revenue

F-Secure's revenue was reported to be €236.3 m in FY, 2021
EUR

Revenue (FY, 2021)

236.3m

Gross profit (FY, 2021)

188.5m

Net income (FY, 2021)

12.7m

EBITDA (FY, 2021)

32.8m

EBIT (FY, 2021)

17.7m

Market capitalization (13-May-2022)

766.6m

Closing stock price (13-May-2022)

4.8

Cash (31-Dec-2021)

52.9m

EV

742.1m
F-Secure's current market capitalization is €766.6 m.
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

190.7m217.3m220.2m236.3m

Cost of goods sold

(39.4m)(50.5m)(48.0m)(50.6m)

Gross profit

153.6m180.8m174.3m188.5m

R&D expense

(33.6m)(33.3m)(35.9m)(41.4m)
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

53.4m54.1m53.7m54.8m53.0m54.5m57.8m58.2m58.6m

Cost of goods sold

(8.2m)(1.9m)(14.3m)(8.4m)(7.4m)(7.9m)(12.2m)(12.3m)(1.9m)

Gross profit

45.4m61.8m39.8m46.9m46.4m47.0m46.1m46.4m57.0m

R&D expense

(10.1m)(9.5m)(9.7m)(10.3m)(10.3m)(9.8m)(10.0m)(9.8m)(13.5m)
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Cash

27.8m25.4m51.4m52.9m

Accounts Receivable

44.3m44.2m38.1m49.9m

Prepaid Expenses

14.7m12.6m9.9m1.7m

Inventories

607.0k107.0k74.0k100.0k
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

23.4m25.5m24.8m26.2m39.7m42.7m47.1m44.3m43.6m

Accounts Receivable

53.7m52.3m52.0m47.2m46.1m44.8m52.6m47.4m46.5m

Prepaid Expenses

5.3m2.6m2.8m4.6m3.2m3.5m900.0k1.0m1.8m

Inventories

400.0k300.0k300.0k100.0k100.0k100.0k100.0k100.0k100.0k
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

844.0k3.4m12.9m12.7m

Depreciation and Amortization

9.1m24.0m9.2m

Inventories

(19.0k)288.0k33.0k
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(1.4m)2.0m2.9m2.1m5.2m10.2m4.9m6.3m11.9m
EURFY, 2018

Revenue/Employee

158.8k
Show all financial metrics

F-Secure Acquisitions / Subsidiaries

Company NameDateDeal Size
MWR InfoSecurityJune 18, 2018£80 m

F-Secure Revenue Breakdown

Embed Graph

F-Secure revenue breakdown by business segment: 50.0% from DATA SECURITY and 50.0% from SECURITY

F-Secure Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

F-Secure Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

F-Secure Online and Social Media Presence

Embed Graph

F-Secure Company Culture

  • Overall Culture

    B+

    73/100

  • CEO Rating

    F

    45/100

  • Compensation

    A+

    89/100

Learn more on Comparably

F-Secure News and Updates

Invitation to WithSecure and F-Secure Capital Markets Day on 3 June 2022

WithSecure Corporation, Press Release, 10 May 2022, at 17.30 EEST

F-Secure Corporate Security relaunches as WithSecure™

WithSecure™ aims to be the strategic partner for businesses that want measurable security outcomes. HELSINKI, March 22, 2022 /PRNewswire/ -- Today, the corporate security business of F-Secure relaunches as a new brand that shares the company's new name WithSecure™. To benefit from the...

F-Secure announces name of corporate business ahead of company split

F-Secure Corp. today revealed its new brand for its corporate security business ahead of a move to split its business into two companies later this year. The new company will be known as WithSecure. The name was picked to reinforce the belief that facing cybersecurity challenges together produces f…

F-Secure Corporation – Manager’s Transactions – Tim Orchard

F-Secure Corporation, Stock Exchange Release, 11 March 2022 at 17.00 EET
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F-Secure Blogs

The connected home revolution will only get more personal

New F-Secure report finds that the tech-savvy parents leading the next wave of the connected home revolution want more functional devices and better security.

Hunting for backdoors in counterfeit Cisco devices

F-Secure’s investigation highlights challenges facing organizations that discover counterfeit components in their IT infrastructure.

Overwhelming identity theft risks demand a new approach to securing personal information

F-Secure launches ID PROTECTION to fight back against data breaches with a fast and comprehensive solution for data security.

Stalkerware makes invasive surveillance more personal than ever

F-Secure joins the Coalition against Stalkerware to help expand the company’s approach to safeguarding personal information.

A start button for securing cloud-based email

F-Secure Cloud Protection for Microsoft Office 365 is built to secure inboxes as businesses move to cloud-based email services.

Research finds Android handsets suffer from region-specific security issues

Region-specific settings and configurations leave users vulnerable in some countries but not others.
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F-Secure Frequently Asked Questions

  • When was F-Secure founded?

    F-Secure was founded in 1988.

  • Who are F-Secure key executives?

    F-Secure's key executives are Risto Siilasmaa, Christine Bejerasco and Timo Hirvonen.

  • How many employees does F-Secure have?

    F-Secure has 1,693 employees.

  • What is F-Secure revenue?

    Latest F-Secure annual revenue is €236.3 m.

  • What is F-Secure revenue per employee?

    Latest F-Secure revenue per employee is €139.6 k.

  • Who are F-Secure competitors?

    Competitors of F-Secure include Panda Security, Mandiant and Flowmon Networks.

  • Where is F-Secure headquarters?

    F-Secure headquarters is located at Märaholmsgatan 7, Helsingfors.

  • Where are F-Secure offices?

    F-Secure has offices in Helsingfors, Oulu, New York, Palo Alto and in 21 other locations.

  • How many offices does F-Secure have?

    F-Secure has 27 offices.