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
    }
  }
}


netum-group-plcs-annual-report-2025-published

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Netum Group operates in the IT sector. The company specializes in the development of software solutions. The software is developed in-house and is mainly used for design and implementation of software, management and monitoring of information systems, cybersecurity solutions and IT management. The customers consist of corporate customers in several sectors. In addition to the main business, various value-added services are offered. The largest operations are in the Nordic region.

@Joni_Gronqvist and @Iikka_Numminen discussed Netum based on the recent comprehensive report                    Inderes              Netum: IT-palvelusektori sutii paikoillaan - Inderes    Aika: 25.03.2026 klo 09.42 Netumin tuloskunto on heikentynyt muun sektorin ohella.                             Topics: 00:00 Introduction  00:18 Why the share has fallen over 80%  00:59 Netum is smaller than its peers  02:30 Current earnings performance  03:46 Acquisitions  06:00 Forecasts  09:02 Ample debt  10:14 Recommendation

Joni has been working diligently and has prepared a comprehensive report on Netum. Like other extensive reports, this one is freely accessible to everyone. This report also includes a good industry overview, so even if you’re not specifically interested in Netum, it’s worth a look for the industry overview alone.  Netum is an IT service company focused on the domestic market with a broad service offering. Historically, Netum’s organic growth and profitability were sector-leading, but recent years have been challenging, albeit better than the sector average. Last year, Netum implemented several changes to adapt its structure and lay the groundwork for a return to profitable growth. This year, we expect the company to lag behind the sector, but to return to that level in the coming years. There is still uncertainty regarding the timing and slope of the earnings turnaround, even though the sales situation appears more positive. Thus, the stock’s risk-reward ratio does not yet quite encourage jumping in (2026-27e EV/EBITA and P/E are ~11-9x). We reiterate our Reduce recommendation and a target price of 1.1 euros.                   Inderes              Netum laaja raportti: Tuloskäänteen palikoita asetellaan - Inderes    Netum toteutti viime vuonna useita muutoksia, joilla sopeutettiin rakennetta ja luotiin pohjaa paluuseen kannattavalle kasvulle.                             Quoted from the report:  In our view, the short-term valuation of the stock is driven by organic revenue development and profitability improvement, which are currently on a weak trend. In the long term, value is more strongly driven by organic growth, but a return to historical profitability levels is unlikely due to changes in market conditions.

Joni has written a new company report on Netum following the Q4 release  We reiterate our Reduce recommendation and EUR 1.1 target price for the share. Overall, the Q4 report was well in line with our expectations. Revenue is weighed down by large completed projects that have not yet been replaced despite good sales. Last year, Netum implemented several changes to adjust its structure and lay the foundation for profitable growth. However, there is still uncertainty regarding the timing and trajectory of the earnings turnaround, although the sales situation appears more positive. Thus, the risk-reward ratio of the share does not quite encourage jumping on board just yet (2026-27e EV/EBITA and P/E are ~11-9x). Quote from the report:  Netum commented that sales went well at the end of the year and in early 2026. In Q4, the company won more contracts than in H1’25 combined, which is naturally positive. However, based on our understanding, this will not be enough to turn things back to growth as early as H1’26. Thus, it remains critical for the company to continue succeeding in sales to break the revenue decline and get back on a growth path. The company commented that its pricing and ability to win deals improved significantly towards the end of the year. This is because the company has adapted to the market situation and compromised on its previously high margin levels, which has then facilitated the pick-up in sales.                    Inderes              Netum Q4'25: Tarkkailemme paikkaa hypätä jälleen kyytiin - Inderes    Netum toteutti viime vuonna useita muutoksia, joilla sopeutettiin rakennetta ja luotiin pohjaa kannattavalle kasvulle.

CEO Repe Harmanen was interviewed by Joni regarding Q4                    Inderes              Netum Q4'25: Päättyneet projektitoimitukset painoivat liikevaihtoa - Inderes    Aika: 10.03.2026 klo 12.40 Netumin liikevaihto laski odotetusti Q4:llä, johtuen suurten projektien loppumisesta ja heikosta markkinatilanteesta.                             Topics: 00:00 Introduction  00:11 ”Year of transformation”  01:30 Impact of completed projects  03:17 Sales outlook  05:34 Cost savings  07:53 Steps for the future  09:59 Guidance and key assumptions

Here are Joni’s quick comments on Netum’s Q4 results.  Netum released its financial statement this morning, which was largely in line with our expectations. Revenue decreased significantly as predicted, driven by the completion of large projects. Profitability was weak, driven by the decline in revenue. The company carried out new change negotiations again early in the year, which reflects the difficulty of the situation and supports profitability this year. However, it was positive that sales picked up at the end of the year, which is important to see continue. The company’s guidance was also well in line with our estimates, so we do not see a major need for changes to our forecasts.                   Inderes              Netum Q4’25 -pikakommentti: Hyvin odotettu raportti - Inderes    Yhtiön ohjeistus oli myös hyvin linjassa ennusteisiimme, joten suurempia muutostarpeita emme näe ennusteissamme.

Joni has prepared a pre-earnings report on Netum, which will release its Q4 results on Tuesday, March 10.  The IT services market has remained difficult in Q4. We expect the company’s revenue decline to have continued strongly at the end of the year as a result of a decrease in the workload of large projects and cost-saving pressures in the public sector. We estimate that profitability remained at a low level, weighed down by weak utilization rates. The company conducted new change negotiations (muutosneuvottelut) at the beginning of the year, which reflects the fact that the market situation has remained challenging, and because of this, we have slightly lowered our forecasts. We estimate that the company will guide for revenue to continue declining in the current year, but there is uncertainty regarding profitability guidance, as well as the potential dividend. We are following signs of a potential earnings turnaround with interest. The valuation profile of the stock is relatively neutral considering the earnings potential and the uncertainty of a turnaround. We reiterate our Reduce recommendation and lower the target price to 1.1 euros (prev. €1.25).                   Inderes              Netum Q4'25 -ennakko: Seuramme merkkejä tuloskäänteestä vuonna 2026  - Inderes    Netum julkaisee tilinpäätöstiedotteensa tiistaina. Arvioimme yhtiön ohjeistavan liikevaihdon edelleen laskevan kuluvana vuonna, mutta kannattavuusohjeistukseen liittyy epävarmuutta.

Here are Antti’s comments as Netum begins change negotiations. Netum announced on Monday that it is initiating change negotiations in its subsidiary Netum Oy (Netum Solutions business area). The goal of the negotiations is to adjust personnel costs to match the current level of the 2026 order backlog, targeting savings of approximately EUR 1 million for 2026. The news did not come as a major surprise given the company’s previous comments on the market situation, but it reinforces our view of a challenging operating environment next year, especially in the public sector. We will review our forecasts for the company at the latest in connection with the publication of Netum’s Q4 report.                   Inderes              Netum aloittaa muutosneuvottelut heikentyneen tilauskannan vuoksi - Inderes    Uutinen vahvistaa näkemystämme ensi vuoden haastavasta toimintaympäristöstä erityisesti julkisella sektorilla.

Netum Group

Netum Group Plc | Company announcement | 24 March 2026 at 9.00 a.m. EETNetum Group Plc’s Annual report 2025 publishedNetum Group Plc has today published its Annual Report for the year 2025. ...

Netum Group Plc | Company announcement | 24 March 2026 at 9.00 a.m. EETNetum Group Plc’s Annual report 2025 publishedNetum Group Plc has today published its Annual Report for the year 2025. The Annual Report consists of the Report of the Board of Directors, Sustainability Report, the 2025 Financial Statements in accordance with IFRS standards&nbsp;and an Auditor’s Report.The Annual Report is attached to this release and is available on the company's website at&nbsp;<a href="https://www.netum.fi/en/for-investors/reports-and-presentations/&quot; \o &quot;https://www.netum.fi/en/for-investors/reports-and-presentations/">netum.fi/en/investors/reports-and-presentations</a>.For further information, please contact: Netum Group Plc Olavi Köngäs, Chairman of the Board +358 40 581 0040 <a href="mailto:olavi.kongas@netum.fi">olavi.kongas@netum.fi</a>Certified Adviser:&nbsp; Evli Plc +358 40 579 6210&nbsp;Netum Group PlcNetum is an IT service partner that builds a functional and secure digital society. We help our customers develop their digital business by designing and implementing sustainable digital solutions tailored to their needs – wisely and responsibly. Netum employs approximately 330 people, and the Group's revenue in 2025 was EUR 38 million. Netum Group Plc's shares are listed on Nasdaq Helsinki First North (NETUM).&nbsp;<a href="http://www.netum.fi/%E2%80%AF">www.netum.fi</a> <div> <hr> <div>Attachments</div> <div><a href="https://storage.googleapis.com/inderes-widgets-prod-assets/netum/attachments/67f033ba-9faa-43bc-9eab-087037d7ebf6/netum-annual-report-2025.pdf">netum-annual-report-2025.pdf</a></div> </div>