contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    pageUrl
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
  ... on Webcast {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Easor is a financial administration platform company that offers entrepreneurs an easy-to-use tool for financial management and enhances the operations of accounting firms and service providers.
https://investors.easor.fi/en/

Here are Atte’s pre-game notes as Easor reports its Q1 results next Thursday.  This is the company’s first interim report as an independent listed company following the demerger from Talenom, so historical figures for the comparison period are not available. We expect Easor’s revenue to have remained roughly stable compared to the previous quarter and operating profit to be at a low level, reflecting the administrative costs of an independent company as well as international growth investments. In the report, we are particularly monitoring the development of the number of partner accounting firms, as expanding this channel is central to achieving Easor’s medium-term growth targets.                   Inderes – 15 May 26              Easor Q1'26 -ennakko: Tämä vuosi menee kasvuperustan rakentamisen parissa -...    Odotamme liikevaihdon osalta edelliseen neljännekseen nähden melko vakaata kehitystä.

As far as I know, Easor only has a search portal for accounting firms in Italy. Are the customers who bought themselves into the results actual clients? In itself, it’s a perfectly sensible way to gather a customer base to sell more to later.

At least the partner accounting firms are growing at a rapid pace. 180 at the end of the year and already 274 in February, meaning +50% in 2 months. At the same rate, with compounding, the amount would be over 10x by the end of the year. Of course, in the fastest-growing market, Italy, the software is first distributed for free trials; however, at least in the drug trade, that is a very effective way to get customers hooked.

Yes, product development expenses are indeed capitalized very aggressively. This issue is addressed in several places in the comprehensive report, but here is one highlight.   In other words, EBITDA is practically a useless earnings metric due to those capitalizations. EBIT and FCF provide a better picture of the development of profitability and cash flow, so it’s best to focus on those. The same applies to almost all companies, whether there are capitalizations or not

@Pia_Maljanen and @Atte_Riikola talked about Easor for about fifteen minutes in English  Easor, the spin-off from Talenom, develops and provides a financial management platform for SMEs and accounting firms. If the company achieves strong international growth, the share will have significant value-creation potential. Without growth, only increased investments would remain, putting pressure on the acceptable valuation level. Analyst Atte Riikola summarizes.                   Inderes              Easor: A growth company - Inderes    Time: 20.04.2026 klo 11.11 Easor, the spin-off from Talenom, develops and provides a financial management platform for SMEs and accounting firms.                             Topics:   00:00 Intro 00:23 Easor in a nutshell 01:35 Spain 05:16 Competitive landscape 07:43 Investment thesis 09:40 Underlying profitability 11:30 Valuation & recommendation This video can also be found on the Inderes Nordic channel. https://www.youtube.com/@inderesnordic

Just to confirm. So the practice already familiar from Talenom regarding the balance sheet continues?

The pro forma balance sheet provided in the demerger prospectus looked like this.  So, on the asset side of the balance sheet, there isn’t currently much else besides capitalized development expenditures. And these costs are intended to be capitalized in the future as well, but in our forecasts, the level of capitalizations/amortization will start to be close to each other going forward. Here is a comment from the comprehensive report, which I think is most relevant regarding that balance sheet: “After the demerger, Easor’s balance sheet will thus be quite leveraged, and the situation will remain so in the coming years as the company invests its cash flow into growth in accordance with its strategy. However, as we see it, the cash flow will also be well sufficient for debt servicing costs. Regarding the financing of the growth strategy, Easor relies on internal financing and debt capital, and there is no intention to raise new equity.”

Easor

Easor Plc, Stock exchange release 4 March 2026 at 9:15 EETEasor Plc’s ten largest shareholdersTrading in the shares of Easor Plc (“Easor”) commenced on the official list of Nasdaq Helsinki Ltd...

Easor Plc, Stock exchange release 4 March 2026 at 9:15 EETEasor Plc’s ten largest shareholdersTrading in the shares of Easor Plc (“Easor”) commenced on the official list of Nasdaq Helsinki Ltd on 2 March 2026, following the completion of the partial demerger of Talenom Plc on 28 February 2026, under the share trading code “EASOR” and ISIN code FI4000598156.The following table sets forth the ten largest shareholders of Easor registered in the shareholder register maintained by Euroclear Finland Oy as at 2 March 2026. The percentages are rounded, and the information does not include the shareholders that are nominee-registered.<table><tbody><tr><td>Shareholder</td><td align="right">Shares and Votes</td><td align="right">%</td></tr><tr><td>&nbsp;</td><td align="right">&nbsp;</td><td align="right">&nbsp;</td></tr><tr><td>Tahkola Harri Kalevi1)</td><td align="right">7,825,863</td><td align="right">17.14</td></tr><tr><td>Tahkola Markus Tapani</td><td align="right">4,815,824</td><td align="right">10.55</td></tr><tr><td>Danske Invest Finnish Equity Fund</td><td align="right">3,540,924</td><td align="right">7.76</td></tr><tr><td>Ilmarinen Mutual Pension Insurance Company</td><td align="right">2,010,517</td><td align="right">4.40</td></tr><tr><td>Säästöpankki Itämeri -sijoitusrahasto</td><td align="right">1,012,624</td><td align="right">2.22</td></tr><tr><td>Sijoitusrahasto eQ Pohjoismaat pienyhtiö</td><td align="right">826,542</td><td align="right">1.81</td></tr><tr><td>Säästöpankki Pienyhtiöt -sijoitusrahasto</td><td align="right">783,994</td><td align="right">1.72</td></tr><tr><td>Föreningen Konstsamfundet</td><td align="right">780,000</td><td align="right">1.71</td></tr><tr><td>Sijoitusrahasto Aktia Capital</td><td align="right">645,000</td><td align="right">1.41</td></tr><tr><td>Säästöpankki Kotimaa -Sijoitusrahasto</td><td align="right">610,964</td><td align="right">1.34</td></tr><tr><td>Ten largest in total</td><td align="right">22,852,252</td><td align="right">50.06</td></tr><tr><td>Other shareholders</td><td align="right">22,796,380</td><td align="right">49.94</td></tr><tr><td>Total</td><td align="right">45,648,632</td><td align="right">100.00</td></tr><tr><td colspan="3">__________</td></tr><tr><td colspan="3">1) Directly owned 7,720,015 (16.91 %), indirectly owned through Ducap Oy 85,848 (0.19 %), indirectly owned through Hacap Oy 20,000 (0.04 %).</td></tr></tbody></table>Further information is available on Easor’s website at <a href="https://investors.easor.fi/en/">https://investors.easor.fi/en/</a>For more information:Matti Eilonen CFO, Easor Plc tel. +358 407534335About EasorEasor is a financial management platform company that connects entrepreneurs and accounting firms on a single platform. Easor offers entrepreneurs easy-to-use tools for their financial management routines. For accounting firms, Easor offers tools for efficient business operations and growth opportunities.Easor serves over 15,000 SME customers and over 220 accounting firm partners. Easor's software has over 60,000 end users, and more than 10 million invoices are sent through the software annually. Easor operates in Finland, Sweden, Spain and Italy. The company’s head office is located in Oulu, Finland. Read more: <a href="https://investors.easor.fi/en/">https://investors.easor.fi/en/</a>

Shareholder	Shares and Votes	%

Tahkola Harri Kalevi¹⁾	7,825,863	17.14
Tahkola Markus Tapani	4,815,824	10.55
Danske Invest Finnish Equity Fund	3,540,924	7.76
Ilmarinen Mutual Pension Insurance Company	2,010,517	4.40
Säästöpankki Itämeri -sijoitusrahasto	1,012,624	2.22
Sijoitusrahasto eQ Pohjoismaat pienyhtiö	826,542	1.81
Säästöpankki Pienyhtiöt -sijoitusrahasto	783,994	1.72
Föreningen Konstsamfundet	780,000	1.71
Sijoitusrahasto Aktia Capital	645,000	1.41
Säästöpankki Kotimaa -Sijoitusrahasto	610,964	1.34
Ten largest in total	22,852,252	50.06
Other shareholders	22,796,380	49.94
Total	45,648,632	100.00
__________
¹⁾ Directly owned 7,720,015 (16.91 %), indirectly owned through Ducap Oy 85,848 (0.19 %), indirectly owned through Hacap Oy 20,000 (0.04 %).