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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Inderes

16.85 EUR-0.30 %17.8, 17.25
3,927 following

INDERES

First North Finland

Software

Technology

Overview
Financials & Estimates
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-0.30 %
+1.20 %
+3.06 %
+10.49 %
+6.65 %
-6.13 %
-24.10 %
-
-61.65 %

Inderes operates in the financial industry. The company provides a community platform for investors and listed companies. Via the platform, users can communicate with each other and exchange investment tips. The customers consist of both companies and private individuals. In addition, the company offers analysis services and a basis for investment decisions. The largest operations are in the Nordic region.

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Market cap
30.09M EUR
Turnover
20.93K EUR
Revenue
19.1M
EBIT %
4.7 %
P/E
140.42
Dividend yield-%
2.67 %
Coverage
Disclaimer
Latest research

Latest analysis report

Released: 12.08.2026

Latest extensive report

Released: 18.02.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Forum discussions
Inderes’ quarterly earnings call today featured live subtitles and live dubbing. Due to a configuration error, the live dubbing could not be heard at all, and the Finnish audio of the broadcast was heard quietly in the background instead. Furthermore, following a recent update to...
8/11/2026, 1:13 PM
by Antti_Kurkinen
64
This is an exciting example of our AI work, a very concrete function that solves a clear problem for the customer. And yes, thanks to this, we are already winning deals LinkedIn Kaikki viestinnän ammattilaiset tietää sen kuumottavan tunteen, kun olet... Kaikki viestinnän ammattilaiset...
11 hours ago
by Mikael Rautanen
30
As for revenue, the figures were largely known thanks to the monthly revenue growth announcements, but it was certainly a nice surprise to see the profitability of the software business! When you combine this with the fact that July’s revenue growth was also in the double digits ...
8/11/2026, 11:03 PM
by TJT
30
During the live stream, someone asked about the profitability profile of the software in its mature phase. Here is the CMD material I was referring to (I didn’t recall the exact figure with 99.9% certainty during the live stream, so I dodged it just in case, to avoid having to correct...
8/14/2026, 2:26 PM
by Mikael Rautanen
28
I think Inderes Oyj is a reasonably priced company. The adjusted EV/EBITA is still hovering around 10 based on this year’s earnings, growth is nearing 10%, and over half of the revenue is recurring while customer retention remains strong. Institutional investors are noticeably absent...
8/11/2026, 7:24 AM
by Karhu Hylje
26
@StudentCoverage_2026 interviewed Mikael regarding Q2 Topics: (00:07) Inderes’ Q2’26 (00:59) New clients in the analysis business (01:54) Artificial intelligence in the analysis business (02:53) Event business (03:53) Impact of the strategy update on Sweden (06:42) Nordic IPO market...
8/11/2026, 11:22 AM
by Sijoittaja-alokas
20
Almanakka writes high-quality analysis on another forum about Inderes’ Q2: Sijoitustieto.fi Inderes Q2/26: Tero oli oikeassa Q1:n jälkeen kirjoitin, ettei ole mitään erityistä syytä odottaa yhtiön lupaamaa H2-painotusta juuri tänä vuonna, ja että se tapahtuu sitten joskus, jos on...
8/12/2026, 7:03 AM
by Karhu Hylje
17
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
27.10
2026

Business review Q3'26

Regulatory press release17.08.2026, 13.00

Inderes Oyj: Share repurchase between 10.8.2026 - 14.8.2026

Inderes
Inderes Q2 Growth continues at home, international operations still idling
Research12.08.2026, 09.50 by
Matias Sainio, Joonas Sjöblom, Tino Korjala

Inderes Q2 Growth continues at home, international operations still idling

Inderes had a good first half, with revenue growing 9 %, and EBITA margin improving to 11,4 %.

Inderes
Inderes Group - Solid growth, but not internationally - SEB
Research11.08.2026, 17.36

Inderes Group - Solid growth, but not internationally - SEB

Inderes’ H1 demonstrated the underlying strength of the Finnish market, with solid growth as market headwind ends.

Inderes

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Inderes – Presentation of H1 2026 Results
Webcast11.08.2026, 13.00

Inderes – Presentation of H1 2026 Results

Inderes is expected to release its H1 2026 results on August 11, 2026. Inderes CEO Mikael Rautanen will present the results in a live online event on the same day at 13:00 CEST, where you will also have the opportunity to ask questions.

Inderes
Analyst Comment11.08.2026, 08.49 by
William Jørck, Rasmus Køjborg

Today's share news 08/11/2026: Inderes and Trifork

Inderes reported H1 2026 results this morning, showing growth in both revenue and earnings. Q2 sales increased by 14.1% to MEUR 5.9 (5.2). EUR, and H1 reached 11.4 (10.5) MEUR. EUR. Software grew by 23% in H1, and the EBITA margin in Q2 increased to 13.5% (2.6%). Guidance for higher sales than in 2025 and an EBITA margin of 10 to 13% is maintained. We are hosting an event with management later today. Inderes reported H1 2026 results this morning, showing growth in both top and bottom lines. Q2 revenue increased by 14.1% to 5.9 MEUR (5.2 MEUR), and H1 reached 11.4 MEUR (10.5 MEUR). Software grew by 23% in H1, and the EBITA margin in Q2 rose to 13.5% (2.6%). Guidance for higher revenue than in 2025 and an EBITA margin of 10% to 13% is maintained. We will host an event with management later today. Trifork announced this morning that its subsidiary Nine has won a four-year contract with the Danish Agency for Higher Education and Science, estimated at 50 MDKK. This highlights the increasing importance of the public sector, which grew from 42% of revenue in 2025 to 45% in Q1 2026. The H1 report will be released on August 17th at 1:00 PM. We will host an event with management Trifork announced this morning that its subsidiary, Nine, has won a four-year contract with the Agency for Research and Education, estimated at 50 MDKK. DKK. This highlights the increasing weight of the public sector, which grew from 42% of sales in 2025 to 45% in Q1 2026. The H1 report will be released on August 17th at 1:00 PM. We are hosting an event with management. https://www.inderes.dk/videos/trifork-h1-2026-presentation-and-qanda

InderesTrifork Group
Mød ledelsen i Danske Bank og Inderes og stil dine spørgsmål til dagens investorpræsentationer
Analyst Comment11.08.2026, 08.30 by
Victor Skriver

Mød ledelsen i Danske Bank og Inderes og stil dine spørgsmål til dagens investorpræsentationer

I dag afholder vi to online investorevents, hvor du kan møde ledelsen og stille dine spørgsmål. Kl. 10:00 præsenterer Danske Bank Head of Investor Relations Claus I. Jensen regnskabet for 2. kvartal og dermed 1. halvår 2026. Kl. 13:00 præsenterer Inderes CEO Mikael Rautanen halvårsrapporten for H1 2026 og svarer på spørgsmål fra publikum.

Danske BankInderes
Inderes Group - Q2: Enjoying strong growth momentum - SEB
Analyst Comment11.08.2026, 07.57

Inderes Group - Q2: Enjoying strong growth momentum - SEB

Inderes delivered solid growth of 14% in Q2, topping our estimate thanks to continued software and events momentum in June. However, the Q2 EBITA of EUR 0.8m hit our estimate and hence on the profit lines the report was 'in line'. Based on the 7% y/y increase in research contracts and continued growth momentum in software, we see the company's growth momentum continuing in H2. Thus, we believe this warrants a positive share price reaction.

Inderes
Regulatory press release11.08.2026, 07.30

Inderes Oyj Half-year report H1 2026: Second quarter revenue grew by 14% and profitability improved

Inderes
Press release11.08.2026, 07.30

Inderes' revenue grew by 12% in July 2026

Inderes
Regulatory press release10.08.2026, 13.00

Inderes Oyj: Share repurchase between 3.8.2026 - 7.8.2026

Inderes
Regulatory press release03.08.2026, 13.00

Inderes Oyj: Share repurchase between 27.7.2026 - 31.7.2026

Inderes
Inderes Q2'26 preview: a solid first half sets the tone for H2
Analyst Comment03.08.2026, 08.34 by
Matias Sainio, Joonas Sjöblom, Tino Korjala

Inderes Q2'26 preview: a solid first half sets the tone for H2

Inderes publishes its H1 report on 11 August.

Inderes
Press release31.07.2026, 08.15

Inderes will publish its Half-year report for January–June 2026 on August 11, 2026

Inderes
Regulatory press release27.07.2026, 13.00

Inderes Oyj: Share repurchase between 20.7.2026 - 24.7.2026

Inderes
Inderes Group - Operating in a growth market now - SEB
Research20.07.2026, 17.33

Inderes Group - Operating in a growth market now - SEB

Ahead of Inderes’s Q2 report, we have slightly hiked estimates on back of the better-than-expected April-May sales data. In a big-picture context, we emphasise the activated IPO market, which means the underlying market for Inderes is growing. That said, the improving market situation is already in our estimates; our focus is on the gradual expansion in the Swedish market. Fair value range rises a notch to EUR 19-21 (18-20).

Inderes
Regulatory press release20.07.2026, 13.00

Inderes Oyj: Share repurchase between 13.7.2026 - 17.7.2026

Inderes
Regulatory press release13.07.2026, 13.00

Inderes Oyj: Share repurchase between 6.7.2026 - 10.7.2026

Inderes
Regulatory press release06.07.2026, 13.00

Inderes Oyj: Share repurchase between 29.6.2026 - 3.7.2026

Inderes
Regulatory press release29.06.2026, 13.00

Inderes Oyj: Share repurchase between 22.6.2026 - 26.6.2026

Inderes
Regulatory press release23.06.2026, 10.00

Correction: Inderes Oyj: Share repurchase between 15.6.2026 - 18.6.2026

Inderes