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
    id
  }
  tags {
    name
    id
  }
  ... 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
      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

Student coverage team

Matias Sainio

Joonas Sjöblom

Tino Korjala

Inderes operates in the financial industry. The company provides a community platform for investors and listed companies. Via the platform, users can communicate with each other and exchange investment tips. The customers consist of both companies and private individuals. In addition, the company offers analysis services and a basis for investment decisions. The largest operations are in the Nordic region.

Hello again, forum! We’ve published our Q1 preview. It’s available at the following link: → Inderes Q1'26 preview Hope to see as many of you as possible at the annual general meeting  Spring greetings from Student Coverage 2026

Hey, thanks for this idea! After the busy AGM season, we’ll see how we can shed more light on this world for you! Interesting things are opening up if the market change starts to accelerate from here.

Tomorrow is the last day to register for the General Meeting! Hope to see you at Tavastia next Wednesday, doors open at 4 PM                    Inderes              Inderes - Yhtiökokous 2026    Osakasluetteloon merkitty osakkeenomistaja Oikeus osallistua yhtiökokoukseen on osakkeenomistajalla, joka on yhtiökokouksen täsmäytyspäivänä 1.4.2026

The traditional update on community metrics now that the quarter has changed.  Q1 2026.  Accelerated growth can be observed on the forum.    It seems that only I and the employees will attend the Annual General Meeting. The remaining few private shareholders are probably after NOHO’s real dividends.    Growth on YouTube might be slowing down a bit. Although @Verneri_Pulkkinen seemed to say that, due to algorithms, viewership is no longer as dependent on followers. I haven’t been monitoring this data myself.      A slight, perhaps even surprising, pick-up on Facebook.      Other social media is a bit quieter. Growth has slowed down especially on Instagram and TikTok.

Thanks for your good thoughts on incentive systems! It’s a fascinating world to consider what kind of system guides a company to its best success and leads to a reasonable distribution of future value among all stakeholders in the same boat. From the start, we’ve had pretty aggressive ownership-based models in place for key roles, but perhaps more decentralized than usual, meaning people have been able to broadly participate in ownership (depending a bit on their willingness to take risks). I believe this is one of many elements without which the “startup to IPO” journey wouldn’t have been possible. And even on that journey, we also had external owners enabling success (Taaleri), who also received a fair return on their investment. Now, at a completely different scale, in a new stage of development, and as a public company, we’ve had to build systems suitable for the next phase. An organizational model without a clearly defined management team adds its own dimension to this. I see it as a strength that we can essentially include anyone who demonstrates leadership and drives strategically crucial matters forward. We also considered other performance metrics linked to the internationalization strategy in addition to TSR, but simplicity is usually beautiful in these cases. TSR is good because it distributes created value. Of course, it’s not without its problems either. The reward is an ownership stake in a strong company. The link to the strategy was made by including only roles with a connection to the internationalization strategy in this LTI program. This is primarily a very powerful tool to make the company international. It’s difficult to achieve high goals without succeeding in this.  This uses a standard model, i.e., the volume-weighted average price over a certain period.  Let’s take this to the board’s Q&A session at the general meeting, ping our AGM star host Alasuutari @eero_alas

Inderes General Meeting Services will develop the service in 2027 by launching children’s ballot papers for shareholders under 18 years of age.  The new ballot paper model is fully compliant with the law and enables the exercise of voting rights, provided that registration has been duly completed and guardians’ proxies have been taken into account.  This innovation promotes popular capitalism and ensures that the future generation of investors learns early on that general meetings can also be colorful and joyful.

Sauli seems to have taken the missing half from the dividends by selling shares to the chairman of the board, Jocke:    Flik’s founder and “tech lead” Vainionpää also continued his sales:  As did the other founder, Jokinen:

Inderes

Inderes' revenue from January and February totalled EUR 2.9 million. CEO Mikael Rautanen commented that 2026 has started in line with expectations as recurring revenue has grown well, driven by the software business, while the volume of IR events in January and February was below the comparison period.

<div class="table-wrapper"><table>
<tbody>
<tr>
<td>Key Metrics</td>
<td>&#xa0;</td>
<td>Q1-Old</td>
<td>Q1-New</td>
<td>Q1-Change</td>
<td>FY 26 Old</td>
<td>FY 26 New</td>
<td>FY-Change</td>
</tr>
<tr>
<td>Revenue</td>
<td>&#xa0;</td>
<td>5,6 MEUR</td>
<td>5,4 MEUR</td>
<td>-0,2 MEUR</td>
<td>20,7 MEUR</td>
<td>20,5 MEUR</td>
<td>-0,2 MEUR</td>
</tr>
<tr>
<td>Revenue growth</td>
<td>&#xa0;</td>
<td>5,7 %</td>
<td>2,6 %</td>
<td>-3,1 % p.p</td>
<td>8,5 %</td>
<td>7,6 %</td>
<td>-0,9 % p.p</td>
</tr>
<tr>
<td>EBITA</td>
<td>&#xa0;</td>
<td>0,4 MEUR</td>
<td>0,4 MEUR</td>
<td>-3,3 %</td>
<td>2,5 MEUR</td>
<td>2,5 MEUR</td>
<td>-1,0 %</td>
</tr>
<tr>
<td>EBITA-%</td>
<td>&#xa0;</td>
<td>6,3 %</td>
<td>6,2 %</td>
<td>-0,1 % p.p</td>
<td>12,1 %</td>
<td>12,1 %</td>
<td>-</td>
</tr>
</tbody>
</table></div>
<p><em>Source: Inderes</em></p>
<p>Inderes&apos; revenue from January and February totalled EUR 2.9 million. CEO Mikael Rautanen commented that 2026 has started in line with expectations as recurring revenue has grown well, driven by the software business, while the volume of IR events in January and February was below the comparison period.</p>
<p>Following our February comment where we kept forecasts unchanged, we now revise our Q1 revenue estimate slightly downward based on our assessment of March project revenue. We have revised our Q1 revenue estimate from EUR 5.6 million to EUR 5.4 million. The primary driver behind the change is our view of weaker project revenue during the quarter, which is supported by management&apos;s own comments on the January-February period. We estimate Q1 EBITA margin at 6.2%, reflecting Inderes&apos; guidance that revenue growth and profitability are weighted toward H2. We make no changes to our target price estimates. Inderes will publish its Q1-results in 24.4.2026.</p>

Key Metrics	Q1-Old	Q1-New	Q1-Change	FY 26 Old	FY 26 New	FY-Change
Revenue	5,6 MEUR	5,4 MEUR	-0,2 MEUR	20,7 MEUR	20,5 MEUR	-0,2 MEUR
Revenue growth	5,7 %	2,6 %	-3,1 % p.p	8,5 %	7,6 %	-0,9 % p.p
EBITA	0,4 MEUR	0,4 MEUR	-3,3 %	2,5 MEUR	2,5 MEUR	-1,0 %
EBITA-%	6,3 %	6,2 %	-0,1 % p.p	12,1 %	12,1 %	-

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