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Lemonsoft

4.95 EUR

+1.43 %

1,435 following
Corporate customer

LEMON

First North Finland

Software

Technology

+1.43 %
-1.39 %
-19.12 %
-19.90 %
-31.63 %
-15.38 %
-41.76 %
-
-68.27 %

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.

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Market cap
90.4M EUR
Turnover
62.14K EUR
P/E (adj.) (26e)
13.73
EV/EBIT (adj.) (26e)
11.04
EV/S (26e)
2.93
Dividend yield-% (26e)
2.83 %
Coverage
Recommendation
Buy
Target price
6.50 EUR
Updated
19.02.2026
Disclaimer
Atte Riikola
Atte Riikola

Analyst

Latest research

Latest analysis report

Released: 20.02.2026

Latest extensive report

Released: 20.02.2026

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
14.4
2026

General meeting '26

15.4
2026

Annual dividend

29.4
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
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Forum discussions
I’ve reached the same conclusion in my own work - though from a slightly different perspective. In my opinion, it’s not so much about new entrants entering the market but rather about the decrease in the cost of self-development. I recently received an assignment to consider the ...
2/20/2026, 7:31 AM
by Roope K
16
I wonder if in this case, at some point, more devalued shares will be acquired from the market, followed by a bid to take the company private with some consortium? Right now, SaaS companies are being priced at bargain-bin levels on the stock exchange… Edit: For example Rite Ventures...
3/7/2026, 8:10 AM
by MTES
10
"In stock exchange trades, the highest price paid for the shares was EUR 4.67 per share. Rite Ventures is obligated to launch a mandatory public tender offer for all shares in Lemonsoft. In the offer, Rite Ventures offers a cash consideration of EUR 4.67 per share." " Kari Joki-Hollanti...
3/6/2026, 5:59 PM
by Ripelein
10
For the first time in our coverage history, I have now moved to the buy side with Lemonsoft. Overall, the valuations of Nordic ERP providers (Admicom, Lemonsoft, Smartcraft) have been pushed to historical lows in the recent SaaS sell-off, and at least I am now taking the view that...
2/20/2026, 6:17 AM
by Atte Riikola
9
And here is the interview with CEO Alpo Luostarinen regarding Q4, with Atte as the interviewer, of course. Inderes Lemonsoft Q4'25: Vauhdikas vuosi päätökseen - Inderes Aika: 19.02.2026 klo 15.50 Lemonsoftin SaaS-liikevaihto kehittyi positiivisesti loppuvuonna ja kannattavuus oli...
2/19/2026, 3:18 PM
by Sijoittaja-alokas
4
Here are Atte’s comments regarding Rite Ventures’ tender offer. Inderes Lemonsoft: Rite Ventures tekee pakollisen ostotarjouksen 4,67 eurolla - Inderes Pääomistajan lisäostot vahvistavat näkemystämme siitä, että osake on tällä hetkellä selvästi aliarvostettu.
4 hours ago
by Sijoittaja-alokas
3
“The company purchased a total of 355,619 shares on Friday, March 6.” (From KL news) The volume is so high that the list of potential sellers is quite narrow: 2 Kari Joki-Hollanti 4 779 533 26,17 26,17 25.02.2026 3 Alcur Fonder 1 152 553 6,31 6,31 31.01.2026 4 Handelsbanken Fonder...
yesterday
by Addick
3
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