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
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

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
    }
    ... 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

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.

Here are Atte’s comments as Lemonsoft has been out doing a bit of shopping.  Lemonsoft announced on Friday that it is acquiring a 76% majority stake in the share capital of Jakamo Osakeyhtiö, a software company specializing in industrial procurement processes. The relatively small acquisition strengthens Lemonsoft’s offering in its strategic core segment, manufacturing. The acquisition did not come as a major surprise, as we have been expecting Lemonsoft to become active on the M&A front following the company’s transformation phase. We will incorporate the acquisition into our forecasts in conjunction with Lemonsoft’s Q4 results, to be published on February 19.                   Inderes              Lemonsoft pitkästä aikaa yrityskaupoilla - Inderes    Kooltaan suhteellisen pieni kauppa vahvistaa Lemonsoftin tarjoomaa sen strategisessa ydinsegmentissä eli valmistavassa teollisuudessa.

Here are Atte’s preview comments as Lemonsoft reports its Q4 results on Thursday, February 19.  We expect the company’s revenue to have decreased towards the end of the year, but due to implemented cost savings, the result remained stable relative to the comparison period. In the report, our focus will be particularly on the 2026 guidance and outlook. The short-term growth outlook is still unclear, but following the efficiency measures, organizational changes, and the technology platform transition, we believe the conditions for earnings growth are good. After the transformation phase, the company will likely also become active on the M&A front. The comprehensive report on Lemonsoft published in January can be read here.                   Inderes              Lemonsoft Q4'25 -ennakko: Näkymistä haetaan tuloskasvulle vahvistusta - Inderes    Odotamme kasvun olevan tänä vuonna vielä varovaista, mutta tehostustoimet tukevat tuloskasvua.

Lemonsoft CEO’s thoughts on the impacts of AI on SaaS companies.

Iikka and Atte talked about Lemonsoft in connection with the new extensive report.                    Inderes              Lemonsoft: Ohjelmistosektorin halvempi vaihtoehto - Inderes    Aika: 22.01.2026 klo 16.15 Lemonsoftin osakkeen EV/S‑kerroin on muuttunut 20x‑tasolta nykyiseen neloseen osakekurssin laskettua.                             Topics: 00:00 Introduction  00:09 Lemonsoft’s investment profile  02:07 Is the market saturated?  05:08 Core industries  06:59 Acquisitions are part of the toolbox  09:15 Forecasts  13:08 The company bought 2.2% of its share capital  16:33 Accumulate recommendation  18:34 Fear of AI

Atte has produced a new, excellent comprehensive report on Lemonsoft. As usual, this comprehensive report is accessible to everyone and is not behind a paywall.  We reiterate our Accumulate recommendation for Lemonsoft and a target price of EUR 7.1. Lemonsoft’s past year was characterized by major changes on both the organizational and technology platform sides. The transition phase is starting to be behind us, and going forward, the company will be able to focus on accelerating the pace of sales and product development. In our assessment, the growth outlook for 2026 is still cautious, but at the stock’s current valuation (2026e EV/EBIT 12x), expectations are also moderate. Thus, we see the risk-reward ratio as attractive.                   Inderes              Lemonsoft laaja raportti: Muutosvaiheen jälkeen kohti tuloskasvun aikakautta...    Vuoden 2026 kasvunäkymä on vielä arviomme mukaan varovainen, mutta osakkeen nykyarvostuksella (2026e EV/EBIT 12x) odotukset ovat myös maltillisia.                             Quoted from the report:  We believe that the industry’s consolidation trend will continue in the future, as the Nordic ERP market interests several investment parties. Several private equity-led companies are forming in the market, in addition to which listed mid-sized players continue their expansion. In our view, Lemonsoft’s strong market position in Finland in the industrial and wholesale sectors also makes the company an attractive and potential acquisition target in the long term as the market consolidates.

Alpo was on InderesTV today to elaborate a bit more on the updated strategy:                   Inderes              Lemonsoft: Päivitetty strategia - Inderes    Aika: 16.12.2025 klo 15.40 Lemonsoft päivitti taloudelliset tavoitteensa ja strategiansa. Yhtiö tähtää voimakkaaseen tuloskasvuun tulevina vuosina. Lemonsoftin toimitusjohtaja Alpo Luostarinen kommentoi videolla.

In the comment linked above, I explain how those targets relate to our forecasts. It’s good to remember that the targets also include acquisitions, so organically, such strong earnings growth is not expected at this point. But it is true that with good strategy execution and an improvement in market conditions, organic growth could be stronger than our current forecasts.

Lemonsoft

Lemonsoft Oyj | Company Release | February 10, 2026 at 08:30:00 EETLemonsoft Oyj: SHARE REPURCHASE 9.2.2026Helsinki Stock Exchange Trade date: 9.2.2026 Bourse trade: BUY Share: LEMON Amount:...

<div class="mfn-header mfn-header-finland"><p>Lemonsoft Oyj | Company Release | February 10, 2026 at 08:30:00 EET</p></div><div class="mfn-preamble"><p><strong>Lemonsoft Oyj: SHARE REPURCHASE 9.2.2026</strong></p></div><div class="mfn-body"><p>Helsinki Stock Exchange<br></p><p>Trade date: 9.2.2026<br>Bourse trade: BUY<br>Share: LEMON<br>Amount: 4 984 shares<br>Average price / share: 5.1118 EUR<br>Total cost: 25 476.98 EUR<br></p><p>Following shares repurchased on 9.2.2026<br>the Company now holds 425 350 shares.<br></p><p>On behalf of Lemonsoft Oyj<br><br>Lago Kapital Ltd<br><br>Maj van Dijk Jani Koskell</p></div><div class="mfn-footer mfn-contacts mfn-0b26908cadd1"><p><strong class="mfn-heading-1">Further information</strong></p><hr><p>Alpo Luostarinen<br>CEO<br><a rel="noopener" href="mailto:alpo.luostarinen@lemonsoft.fi">alpo.luostarinen@lemonsoft.fi</a><br>+358 50 911 3507</p><p>Mari Erkkilä<br>CFO<br><a rel="noopener" href="mailto:mari.erkkila@lemonsoft.fi">mari.erkkila@lemonsoft.fi</a><br>+358 40 768 1415</p><p>Certified Adviser:<br>Aktia Alexander Corporate Finance Oy, +358 50 520 4098</p></div><div class="mfn-footer mfn-about mfn-c4559429cbbb"><p><strong class="mfn-heading-1">About Us</strong></p><hr><p>Lemonsoft is a Finnish software company that designs, develops and sells ERP software solutions to streamline its customers’ processes across different business lines and administration. The extensive offering of software solutions and related services enables the Company to provide its customers with holistic service. The Company’s standardised and scalable software solutions are delivered mainly from the cloud and are based on the SaaS model in which customers pay a monthly service fee for the use of the software. The Company operates in the ERP software market in Finland primarily as a service provider for SMEs.  The Company’s customer base consists of  customers from especially industrial manufacturing, wholesale and retail, professional services automation, construction and accounting.</p></div><div class="mfn-footer mfn-attachment mfn-attachment-general"><p><strong class="mfn-heading-1">Attachments</strong></p><hr><p><a rel="noopener" href="https://storage.mfn.se/6edebf22-0cae-48a8-aacc-769569415310/lemon-sbb-trades-20260209.xlsx">LEMON SBB Trades 20260209</a></p></div>