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Lemonsoft initiates minor change negotiations

LEMONAnalyst Comment21.10.2026, 08.07
Atte RiikolaAnalyst
Discuss

Translation: Original published in Finnish on 10/21/2026 at 07:35 am EEST

Lemonsoft announced on Tuesday that it will initiate change negotiations  aimed at securing the company's long-term profitable growth and competitiveness in an operating environment where customer expectations, the competitive landscape, and working methods are changing rapidly. The negotiations cover 134 employees of the parent company, and the reduction of a maximum of 9 people out of the group's total workforce of 183 corresponds to approximately 5%. The company estimates annual cost savings of 0.5 MEUR. Lemonsoft's strategy aims for profitable growth, so the continuous pursuit of efficiency is logical. We will account for the minor news in our estimates in connection with the Q3 result.

Lemonsoft is a Finnish SaaS company that designs, develops and sells ERP software solutions. The company is primarily a service provider of business systems to small and medium-sized businesses. Its customer base consists of companies in industrial manufacturing, wholesale and retail trade, construction and accounting firms. The company operates mainly in Finland.

Read more on company page

Key Estimate Figures16.08

202526e27e
Revenue29.530.231.6
growth-%1.9 %2.4 %4.7 %
EBIT (adj.)6.97.88.8
EBIT-% (adj.)23.6 %26.0 %28.0 %
EPS (adj.)0.240.340.39
Dividend0.140.140.14
Dividend %2.3 %2.9 %2.9 %
P/E (adj.)25.014.212.3
EV/EBITDA12.210.29.3

Forum discussions

Here are Atte’s comments on Lemonsoft regarding the minor change negotiations. Inderes – 21 Oct 26 Lemonsoft aloittaa pienet muutosneuvottelut...
yesterday
by Sijoittaja-alokas
1
Lemonsoft initiates change negotiations: Lemonsoft Oyj | Inside information | 20.10.2026 at 16:05:00 EEST Lemonsoft Oyj has decided to initiate...
yesterday
by Sijoittaja-alokas
1
“As a rule, the redeemer also covers the procedure costs and interest. Therefore, we estimate that a voluntary tender offer with a premium could...
10/2/2026, 3:40 PM
by Critter
7
Here are Atte’s thoughts now that the principal owners have eagerly been buying Lemonsoft shares. Within a week, Rite Ventures has increased...
10/2/2026, 5:02 AM
by Sijoittaja-alokas
2
Who was the selling party when Rite was buying? I couldn’t find the answer in the shareholder register myself.
10/1/2026, 2:56 PM
by WG
0
Rite has been buying shares at a rapid pace, and no doubt those share buybacks (including the block trade) were part of this pattern. When the...
9/30/2026, 10:57 AM
by Addick
1
Lemonsoft’s key competitor, Odoo, has announced the release of a new version today (Odoo 20) alongside a 20% price increase. It’s a hefty enough...
9/30/2026, 10:32 AM
by Wallnut
0