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EUROWAG Group

Pan-European trucking payments and telematics

Overview

Eurowag provides a pan-European integrated payments and mobility platform for commercial road transport. Its two core arms are Payment Solutions (energy and toll payments via 15,500 acceptance points in 30 countries, including fuel cards with traditional and alternative fuels and e-mobility charging) and Mobility Solutions (VAT/excise refunds, invoice financing, and telematics). The core product, Eurowag Office, unifies these services into a single interface for fleet tracking, fuel monitoring, driver time management, invoicing, and route optimization, built further by acquisitions like Sygic, Inelo, and WebEye. Its goal is to simplify administration, improve efficiency and profitability for CRT customers, while delivering environmental benefits through better routing and fuel use.

Significant Headcount Growth

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About EUROWAG Group

Simplify's Rating
Why EUROWAG Group is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & TransportationEnterprise SoftwareFintechFinancial Services

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

1995

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Simplify's take

What believers are saying

  • H1 2026 net revenue rose 10.7% to €179.5 million; active trucks reached 334,800.
  • Over 65% of customers used Eurowag Office by September 2026, validating adoption momentum.
  • Eurowag raised 2026 adjusted cash EBITDA guidance to €110-115 million after strong H1.

What critics are saying

  • Eurowag still depends on 2026 migration; delays hit monetization and operating leverage in 2027.
  • DKV Mobility and UTA Edenred outspend Eurowag on acceptance, threatening fleet share in 2026.
  • If Eurowag Office migration stalls, legacy-product fragmentation destroys the integrated-platform thesis entirely.

What makes EUROWAG Group unique

  • Eurowag Office unified payments, tolls, telematics, and finance across one truck workflow.
  • Martin Vohánka’s CEE trucking roots built dense corridors, local support, and ecosystem trust.
  • The June 2026 virtual fuel card strengthens digital switching costs inside Eurowag Office.

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Funding

Total Funding

$220M

Above

Industry Average

Funded Over

1 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison Coming Soon

Benefits

  • Life Insurance
  • Gym Membership
  • Professional Development Budget
  • Conference Attendance Budget
  • Paid Vacation
  • Paid Sick Leave
  • Employee Referral Bonus
  • Performance Bonus
  • Remote Work Options
  • Flexible Work Hours
  • Mental Health Support
  • Commuter Benefits

Stock Price

Growth & Insights and Company News

6 month growth

0%

1 year growth

8%

2 year growth

0%
Eurowag
Oct 27th, 2026
Ibertinsa: five decades of service specialization in air cargo, pharma, and high-value transport.

Ibertinsa: five decades of service specialization in air cargo, pharma, and high-value transport. In a sector where differentiation is difficult, Ibertinsa has become a benchmark for service excellence. This Madrid-based family company has operated for over 50 years, building defensible positions in road feeder services for air cargo, international express transport, pharmaceutical logistics, and high-value goods. Eurowag has become a key partner in fuel management and cost optimization. MARKET LEADER | Ibertinsa S.A. Founded: 1976 HQ: Madrid, Spain Fleet: 130 tractors, 160 trailers Employees: 175 Revenue 2024: €25m Scope: International FTL - Iberia, Germany, Benelux, France Market context. Spain's road freight market showed resilience in 2024 with a 2.65% tonne-kilometre increase. Spain represents approximately 14.5% of EU road freight activity, but the market is highly fragmented with ~120,000 active companies. A driver shortage and rising operational costs - especially fuel and insurance - continue to pressure margins. By 2026, the market is expected to expand by 3.2%. Operational challenge. Ibertinsa competes in niche segments requiring exceptional reliability: road feeder services where air cargo timelines are non-negotiable, pharmaceutical transport governed by GDP certification, and high-value goods demanding robust security. CEO Miguel Quintana: "The key lies in finding market niches with fewer competitors, where a commitment to excellent-quality service is valued." The fleet includes mega trucks, refrigerated vehicles, rollerbed trailers, and security-equipped trucks averaging three years of age. FUEL SMARTER WITH US Save on fuel across Europe. One card for fuel, toll, parking, tunnels and ferries. Accepted at 17,000+ stations across 25 European countries. Cashless, simple, fully in your control. Eurowag's role. Eurowag has become a key partner for Ibertinsa on cost management, especially in fuel management. For a company operating specialized international transport across Iberia, Germany, Benelux, and France, consistent fuel cost transparency and control across multiple markets is an operational necessity. Measurable impact. Technology supports traceability, driver and cargo safety, vehicle monitoring, driving behavior evaluation, and early technical issue detection. The company uses AI for efficiency improvement and digital CMR. Sustainability is integrated through transport optimization, carbon footprint measurement, solar panels, biofuels, HVO, and double-trailer trucks. Strategic outlook. Quintana frames sustainability broadly: "When we talk about sustainability, we need to encompass environmental, economic, and social factors. The costs arising from these initiatives should be distributed across the entire transportation value chain." Ibertinsa demonstrates how specialization and service excellence create durable competitive positions. Want to explore more trends shaping the truck segment?

Yahoo Finance
Oct 25th, 2026
Three British penny stocks with 57%+ margins: Baltic Classifieds, Ashmore and Eurowag

Simply Wall St has picked three British penny stocks with strong balance sheets, as warnings of a low-key Budget raise the prospect of an early election and higher government borrowing costs. Baltic Classifieds Group runs online marketplaces across the Baltics. Auto brings in about €31 million, real estate €26 million, jobs and services €17 million, and generalist sites €14 million. The business is valued at roughly €951 million. Ashmore Group manages emerging market equity and fixed income funds. It generated about £139 million and has a market value near £1.4 billion. W.A.G payment solutions, which operates as Eurowag, serves European truck fleets. Payment Solutions contributed about €2.4 billion in revenue and Mobility Solutions about €134 million. The stock is valued near £726 million.

Yahoo Finance
Oct 24th, 2026
Three UK founder-led stocks to watch as oil prices rise: Computacenter, W.A.G and Foresight

Rising oil prices after renewed Middle East conflict risks are raising costs for British businesses. A Simply Wall St article names three UK founder-led stocks that it says may suit investors seeking leadership with a long-term stake. Computacenter (LSE:CCC), with a market cap of £4.8b, reported half-year 2026 sales of £6.8b and net income of £99.8m. It raised its interim dividend to 27.1 pence per share. W.A.G payment solutions (LSE:EWG), valued at £726 million, runs a fuel, toll and fleet payments platform for European haulage operators. It is shifting to an integrated digital platform. Foresight Group Holdings, valued at £507 million, manages real assets, private equity and venture investments. It has over £3.6b of identified future deployment rights in international mandates.

Yahoo Finance
Oct 20th, 2026
Three founder-led UK stocks to watch, led by Computacenter's $6.7B market cap

Founder-led British companies offer clear direction and personal commitment, a Simply Wall St article argues, pointing to three UK stocks where original architects still shape strategy. Computacenter (LSE:CCC) provides IT sourcing, managed services and security support to corporate and public sector clients. It generates about £12.1 billion in revenue and has a market cap of £5.3 billion. W.A.G payment solutions (LSE:EWG) runs a payments and mobility platform for European truck fleets, covering fuel, tolls and fleet fintech tools. It earns about €2.4 billion from payment solutions and €134 million from mobility solutions, with a market cap of £734 million. Foresight Group Holdings manages renewable-focused real assets and private equity funds. It earns £114.8 million from real assets and £50.1 million from private equity, with a market cap of £492 million.

SharePrices
Sep 9th, 2026
Eurowag adjusted earnings rise as migration to Eurowag Office advances.

Eurowag adjusted earnings rise as migration to Eurowag Office advances. 9th Sep 2026 11:32 (Alliance News) - Wag Payment Solutions PLC on Wednesday reported a climb in adjusted earnings amid a higher number of active trucks. Also known as Eurowag, the London-based company provides payment and data services to trucking companies in Europe. Eurowag said pretax profit fell 47% to EUR8.4 million in the first half of 2026, from EUR15.7 million a year prior. However, adjusted earnings before interest, tax, depreciation and amortisation rose 10% to EUR70.6 million from EUR63.9 million. Adjusted Ebitda cash climbed 13% to EUR55.7 million from EUR49.2 million. Pertinently, Eurowag views 2026 as a "migration" year as the firm is transitioning its customer base onto its new unified digital platform, Eurowag Office. Revenue rose 19% to EUR1.38 billion from EUR1.16 billion, as the number of total active trucks rose 7.0% to 334,800 from 321,500. Chief Executive Officer Martin Vohanka said: "The progress we are making in 2026 positions us well for the next phase of our strategy. As integration and migration advance, we will increasingly be able to leverage the power of a single digital platform and proprietary data to deepen product penetration, increase customer engagement and drive greater operating leverage. From 2027, our focus will shift towards scaling and monetising Eurowag Office, unlocking the benefits of our integrated model to deliver greater value for our customers and drive sustainable, profitable growth." The company said: "During the remainder of the year, our primary strategic focus will remain the successful migration of customers to Eurowag Office. As migration advances, the remaining cohorts will increasingly include larger customers and those using more UX-intensive products and workflows. We will continue to prioritise a carefully managed, high-quality customer experience while maintaining disciplined growth and profitability." Eurowag upgraded the bottom end of its adjusted cash Ebitda range guidance for 2026, now expecting between EUR110 million and EUR115 million, compared to a prior guidance of between EUR105 million and EUR115 million. Eurowag shares fell 1.2% to 98.80 pence each on late Wednesday morning in London. By Tom Budszus, Alliance News slot editor Related Shares:

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