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Lemonsoft

4.69 EUR+3.30 %6.11, 17.32
1,512 following

LEMON

First North Finland

Software

Technology

Overview
Financials & Estimates
Dividend
Short Selling
Investor views
Compare
+3.30 %
-11.51 %
+13.83 %
-6.20 %
-23.37 %
-33.19 %
-4.87 %
-
-69.93 %

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
85.65M EUR
Turnover
56.02K EUR
P/E (adj.) (26e)
16.33
EV/EBIT (adj.) (26e)
11.25
EV/S (26e)
2.99
Dividend yield-% (26e)
2.99 %
Coverage
Recommendation
Buy
Target price
6.00 EUR
Updated
05.11.2026
Disclaimer
Atte Riikola
Atte Riikola

Analyst

Latest research

Latest analysis report

Released: 06.11.2026

Latest extensive report

Released: 20.02.2026

Revenue and EBIT-%
EPS and dividend
Risk
Business risk
Valuation risk
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Forum discussions
“As a rule, the redeemer also covers the procedure costs and interest. Therefore, we estimate that a voluntary tender offer with a premium could be a more attractive route for owners than a contested redemption.” I should add that much @Atte_Riikola , that even if Rite’s consortium...
10/2/2026, 3:40 PM
by Critter
7
To this I will add that with a stake of over 90%, this imagined “BidCo” could directly initiate redemption proceedings for minority shareholders, meaning in a way it wouldn’t even need to make a tender offer anymore. What would the price then be at which the minority shareholders...
9/30/2026, 9:25 AM
by Atte Riikola
7
Here are Atte’s thoughts now that the principal owners have eagerly been buying Lemonsoft shares. Within a week, Rite Ventures has increased its stake in Lemonsoft by 588,832 shares (approx. 3% of total shares). Rite’s ownership now stands at 64.33% and founder Kari Joki-Hollanti...
10/2/2026, 5:02 AM
by Sijoittaja-alokas
2
Atte on reippaana poikana tehnyt yhtiöraportin Lemonsoftista. Toistamme Lemonsoftin osta-suosituksen ja 6,0 euron tavoitehinnan. Q3-luvut olivat pitkälti linjassa odotuksiimme, ja teimme lähivuosien tulosennusteisiin vain pieniä tarkennuksia alaspäin. Markkinatilanne on jatkanut ...
yesterday
by Sijoittaja-alokas
1
Lemonsoftin toimitusjohtaja Alpo Luostarinen keskusteli Aten kanssa yhtiön menoista ja meiningeistä Aiheet: (00:00) Aloitus (00:11) Q3:n pääkohdat (01:41) Yritysjärjestelyt & orgaaninen kasvu (02:26) Kehitys myyntirintamalla (04:04) Kilpailukyky (05:04) Kansainvälistyminen (06:48...
yesterday
by Sijoittaja-alokas
1
Here are Atte’s comments on Lemonsoft regarding the minor change negotiations. Inderes – 21 Oct 26 Lemonsoft aloittaa pienet muutosneuvottelut - Inderes Enintään yhdeksän hengen vähennykset tuovat arviolta 0,5 MEUR:n vuotuiset kustannussäästöt.
10/21/2026, 5:14 AM
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 change negotiations in accordance with the Act on Co-operation within Undertakings. The aim of the negotiations is to secure the company...
10/20/2026, 7:34 PM
by Sijoittaja-alokas
1
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Lemonsoft Q3'26: Market and sales still ripening
Research06.11.2026, 10.15
by Atte Riikola

Lemonsoft Q3'26: Market and sales still ripening

The Q3 figures were largely in line with our expectations, and we make only minor downward adjustments to our earnings estimates for the coming years.

Lemonsoft
Lemonsoft Oyj, Q3'26 webcast
Webcast05.11.2026, 12.00

Lemonsoft Oyj, Q3'26 webcast

Lemonsoft
Regulatory press release05.11.2026, 09.00

Lemonsoft Oyj’s Interim Report for 1 January – 30 September 2026 (unaudited) - Accelerating product development and new AI solutions strengthen competitiveness

Lemonsoft

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Press release02.11.2026, 14.10

Lemonsoft Oyj’s change negotiations have been concluded

Lemonsoft
Lemonsoft Q3'26 preview: Watching for signs of a market recovery
Analyst Comment29.10.2026, 08.31
by Atte Riikola

Lemonsoft Q3'26 preview: Watching for signs of a market recovery

We expect revenue to have grown slightly and profitability to have been at a strong level.

Lemonsoft
Analyst Comment21.10.2026, 08.07
by Atte Riikola

Lemonsoft initiates minor change negotiations

Reductions of a maximum of nine people are estimated to bring annual cost savings of 0.5 MEUR.

Lemonsoft
Regulatory press release20.10.2026, 15.05

Inside information: Lemonsoft Oyj initiates change negotiations

Lemonsoft
Regulatory press release02.10.2026, 17.20

Lemonsoft Oyj – Managers’ Transactions – Rite LS SPV AB

Lemonsoft
Is Lemonsoft about to be taken private?
Analyst Comment02.10.2026, 12.00
by Atte Riikola

Is Lemonsoft about to be taken private?

In our view, the major owners' joint ownership of 90.5% increases the probability of Lemonsoft being bought out from the stock exchange.

Lemonsoft
Regulatory press release01.10.2026, 09.00

Lemonsoft Oyj – Managers’ Transactions – Rite LS SPV AB

Lemonsoft
Regulatory press release29.09.2026, 16.00

Lemonsoft Oyj – Managers’ Transactions – Rite LS SPV AB

Lemonsoft
Regulatory press release27.09.2026, 20.10

Change in Lemonsoft’s management team

Lemonsoft
Regulatory press release09.09.2026, 08.30

Lemonsoft Oyj – Managers' Transactions – Rite LS SPV AB

Lemonsoft
Regulatory press release28.08.2026, 17.00

Lemonsoft Oyj – Managers' Transactions – Rite LS SPV AB

Lemonsoft
Regulatory press release28.08.2026, 17.00

Lemonsoft Oyj – Managers' Transactions – Rite SPV 2025-1 AB

Lemonsoft
Regulatory press release28.08.2026, 17.00

Lemonsoft Oyj – Managers' Transactions – Rite Internet Ventures Holding AB

Lemonsoft
Regulatory press release19.08.2026, 13.45

Lemonsoft Oyj – Managers' Transactions – Rite SPV 2025-1 AB

Lemonsoft
Regulatory press release19.08.2026, 13.45

Lemonsoft Oyj – Managers' Transactions – Rite Internet Ventures Holding AB

Lemonsoft
Lemonsoft Q2'26: Zest returning to sales
Research17.08.2026, 13.03
by Atte Riikola

Lemonsoft Q2'26: Zest returning to sales

In light of Lemonsoft's outlook comments, the market situation in the company's core business areas is clearly picking up.

Lemonsoft
Lemonsoft, Webcast, Q2'26
Webcast14.08.2026, 12.00

Lemonsoft, Webcast, Q2'26

Lemonsoft