Pexip Holding and Europe's High-Growth Tech Winners: A Strategic Play in the Remote Collaboration Revolution

The European tech sector is undergoing a seismic shift as hybrid work models and digital transformation redefine how businesses operate. With the pan-European STOXX Europe 600 Index flat and inflation stabilizing at the ECB's 2% target, investors are increasingly turning to high-growth tech stocks that align with the surge in remote collaboration and secure digital infrastructure. Among these, Pexip Holding ASA (PEXIP.OL) stands out as a leader in secure video conferencing, while other European innovators like Netcompany Group, OVH Groupe, and Innoscripta SE are reshaping the digital landscape. This article explores how these companies leverage hybrid work trends to deliver strong EBITDA margins, revenue growth, and long-term value.

Pexip Holding: Scaling Secure Collaboration in a Hybrid World

Pexip's Q2 2025 results underscore its dominance in the secure video conferencing market. The company reported $119.0 million in ARR, a 11% year-over-year increase, driven by its Secure & Custom Spaces segment (27% growth to $50.6 million). Its 23% LTM adjusted EBITDA margin—up 7 percentage points from 2024—reflects the scalability of its software-centric model. Pexip's partnerships with Microsoft, Google, and Zoom are critical, enabling interoperability in a fragmented market. For instance, its collaboration with Google on Google Meet Hardware and Microsoft on Teams Rooms on Android positions it to capture cross-platform demand.

Pexip's Rule of 40 (34%)—a metric combining ARR growth and EBITDA margin—signals a healthy balance between growth and profitability. While a temporary ARR dip in Q3 2025 is expected due to a commercial partnership renewal, the long-term outlook remains bullish. With hybrid work adoption accelerating in defense, healthcare, and government sectors, Pexip's secure, interoperable solutions are poised for sustained demand.

Beyond Pexip: Europe's High-Growth Tech Ecosystem

Pexip is not alone in capitalizing on hybrid work trends. Several European tech stocks are leveraging digital transformation to deliver robust financial performance:

1. Netcompany Group A/S (CPSE:NETC)
2. AI-Driven Digital Transformation: Netcompany's Feniks AI reduces legacy system modernization timelines from years to months, cutting costs by 40%.
3. Financials: Q1 2025 revenue rose to DKK1.74 billion, with net income at DKK121.7 million.

4. Growth Catalysts: Strong public sector contracts and AI adoption in Denmark, Norway, and the UK.

5. OVH Groupe S.A. (ENXTPA:OVH)

6. Cloud Infrastructure Leader: OVH's Private Cloud segment generated €655.28 million in revenue, with a 9%–11% annual growth forecast.
7. Sustainability Focus: Partnerships with Crayon to expand green data centers align with EU climate goals.

8. Profitability Turnaround: Q3 2025 net income reached €7.21 million, reversing prior losses.

9. Innoscripta SE (XTRA:1INN)

10. R&D Tax Incentive Expertise: The company's SaaS platform automates R&D tax claims, driving 24.8% revenue growth and 26.3% earnings growth.
11. Post-IPO Momentum: Raised €223.6 million in its IPO, with a 68.3% return on equity projected in three years.

Undervalued Gems with Strong EBITDA Metrics

While Pexip and its peers shine, other European stocks offer compelling value:

• Pluxee (PLX.PA):
• Employee Benefits Platform: Delivered 10.8% organic revenue growth in H1 2025, with 36.4% EBITDA margins.
• Valuation: Traded at a P/E of 18.41, below the industry median.

• Growth Drivers: Expansion into Brazil's mobility benefits and ESG-focused Sustainable IT Label.

• Acerinox (ACX.MC):

• Green Steel Innovator: Launched EcoAtherinox, a 90% recycled stainless steel, adopted by 40+ customers.
• Financials: Q1 2025 EBITDA of €102 million, with free cash flow of €99 million.
• Debt Reduction: Aims to cut net debt/EBITDA to 1.2x within two years.

Strategic Investment Thesis

The European tech sector's strength lies in its ability to adapt to hybrid work and digital transformation. Pexip's secure collaboration tools, Netcompany's AI-driven modernization, and OVH's cloud infrastructure represent scalable solutions for a distributed workforce. Meanwhile, undervalued stocks like Pluxee and Acerinox offer margin expansion and EBITDA growth potential.

Investment Advice:
- Pexip Holding: A core holding for investors seeking exposure to secure video conferencing. Monitor Q3 2025 partnership impacts but remain bullish on long-term growth.
- Netcompany and OVH: Ideal for those targeting AI and cloud infrastructure. Both companies are well-positioned to benefit from EU digital sovereignty initiatives.
- Pluxee and Acerinox: Attractive for value investors seeking strong EBITDA margins and strategic differentiation in employee benefits and green manufacturing.

As hybrid work becomes the norm, Europe's tech innovators are not just surviving—they're thriving. By focusing on EBITDA efficiency, revenue scalability, and strategic partnerships, these stocks offer a compelling roadmap for capitalizing on the remote collaboration revolution.