Our History
Founded in 2019 and headquartered in Stockholm, Sweden, White Pearl Technology Group (WPTG) has rapidly emerged as a global leader in digital transformation. Our journey began with a vision to empower businesses and societies worldwide by harnessing the power of cutting-edge technologies and innovative solutions.
Over the past few years, WPTG has experienced remarkable growth and expansion. Starting as a small technology start-up, we have evolved into a diversified ICT services and solutions company with a strong presence in emerging markets and a growing footprint in developed economies. Our commitment to excellence, customer-centricity, and continuous innovation has been the driving force behind our success.
Key Milestones
WPTG was founded with a mission to enable digital transformation globally.
We expanded our operations to over 30 countries across Europe, Asia, Africa, the Middle East, and Latin America, establishing a global network of subsidiaries and partnerships.
WPTG achieved significant financial milestones, with revenues reaching SEK 182.5 million and a net profit of SEK 16.6 million, demonstrating our strong growth trajectory.
WPTG successfully listed on the Nasdaq First North Growth Market, marking a significant milestone in our corporate history and opening up new opportunities for growth and expansion.
We continued our impressive performance, with revenues increasing by 31.3% to SEK 239.6 million and net profit after tax surging by 71% to SEK 28.4 million, showcasing the resilience of our business model and the effectiveness of our strategies.
Strategic Acquisitions and Global Expansion:
WPTG has strategically acquired companies that complement our capabilities and expand our market reach. These acquisitions have played a crucial role in our growth story, allowing us to scale our operations and enter new markets quickly.
Ayima Acquisition and European/Nordic Expansion:
In Q1 2024, WPTG announced the bid to acquire Ayima, a leading listed global digital marketing solutions provider headquartered in Sweden. This strategic move will significantly enhance our digital marketing capabilities, strengthen our presence in Europe and the Nordics, and increase our overall revenue scale by more than 60%.
North American Market Entry:
The acquisition of Ayima also positions WPTG to bring our cutting-edge Digital Innovation solutions to businesses in the United States and Canada. By leveraging Ayima’s established presence and expertise, we are poised to deliver comprehensive digital transformation solutions to clients in the North American
market.
Ataraxy Digital Acquisition and Latin American Expansion:
WPTG acquired 50% of Ataraxy Digital, a Latin America-based digital solutions company. This strategic move expands our footprint in the fast-growing Latin American markets and enables us to leverage hardware manufacturing partnerships in India and China.
Throughout our journey, we have remained committed to innovation, collaboration, and customer success. We have built a diverse and talented team of over 650 technology professionals across our subsidiaries, each bringing unique expertise and insights to deliver exceptional value to our clients.
Looking Ahead
As we move forward, WPTG remains committed to driving digital transformation and empowering businesses worldwide. We will continue to invest in our people, technologies, and partnerships to stay at the forefront of innovation. Our focus on emerging markets, combined with our expanding presence in developed economies, positions us well for sustainable growth and success.
We are excited about the opportunities that lie ahead and are confident in our ability to deliver exceptional value to our clients, partners, and shareholders. With our strong foundation, visionary leadership, and unwavering commitment to excellence, WPTG is poised to shape the future of digital transformation and make a lasting impact on businesses and societies worldwide.