Lemonsoft Oyj（M36）株式概要ソフトウェア会社であるLemonsoft Oyjは、ERPソフトウェア・ソリューションの設計、開発、販売をフィンランド国内および国際的に行っています。 詳細M36 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長2/6過去の実績2/6財務の健全性3/6配当金3/6報酬当社が推定した公正価値より44.7%で取引されている 収益は年間13.02%増加すると予測されています 過去5年間の収益は年間9.1%増加しました。 リスク分析財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見るM36 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€4.8014.9% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture039m2016201920222025202620282031Revenue €39.0mEarnings €6.3mAdvancedSet Fair ValueView all narrativesFeatured narrative•Software opportunityZenaTechabout 2 months ago author updated this narrativeJOFair Value from Jolt_CommunicationsUS$6.8569.3% 割安 内在価値ディスカウントZenaTech: A big bet on the rise of AI drones and drones-as-a-serviceKey Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Read full narrative3.2kusers have viewed this narrative9users have liked this narrative0users have commented on this narrative77users have followed this narrativeRead narrativeLemonsoft Oyj 競合他社ExasolSymbol: XTRA:EXLMarket cap: €60.1mIVU Traffic TechnologiesSymbol: XTRA:IVUMarket cap: €333.3minit innovation in traffic systemsSymbol: XTRA:IXXMarket cap: €536.3mFabasoftSymbol: XTRA:FAAMarket cap: €120.2m価格と性能株価の高値、安値、推移の概要Lemonsoft Oyj過去の株価現在の株価€4.8052週高値€7.6452週安値€4.56ベータ0.451ヶ月の変化1.69%3ヶ月変化-4.76%1年変化-20.79%3年間の変化-37.34%5年間の変化n/aIPOからの変化-68.42%最新ニュースお知らせ • Apr 15Lemonsoft Oyj Appoints Mikael Da Costa to Its Board of DirectorsLemonsoft Oyj at its AGM held on 14 April 2026 approved Mikael da Costa as a new member of the Board of Directors.お知らせ • Feb 20Lemonsoft Oyj announces Annual dividend, payable on April 23, 2026Lemonsoft Oyj announced Annual dividend of EUR 0.1400 per share payable on April 23, 2026, ex-date on April 15, 2026 and record date on April 16, 2026.お知らせ • Feb 14Lemonsoft Oyj (HLSE:LEMON) entered into a share purchase agreement to acquire 76% stake in Jakamo Limited for €5.8 million.Lemonsoft Oyj (HLSE:LEMON) entered into a share purchase agreement to acquire 76% stake in Jakamo Limited for €5.8 million on February 13, 2026. The purchase price consists of approximately €3.5 million will be paid at closing and approximately €0.4 million as a deferred purchase price in early 2027. The purchase price will be paid fully in cash and the transaction will be financed with a bank loan. The agreement includes an option to acquire the remaining 24% of the shares during 2028 and 2029. In addition, the parties have agreed on an additional purchase price based on the year 2026, which is based on the company’s revenue growth and profitability. The maximum additional purchase price is €1.9 million and, if realised, it will be paid fully in cash in early 2027. Jakamo will be reported as part of the Lemonsoft Group as of the completion of the transaction. Jakamo’s current CEO Jarl Matti Anttila will continue as CEO and the organisation will continue to operate in its current form as a subsidiary of Lemonsoft Oyj. For the period ending December 31, 2025, Jakamo Limited reported total revenue of €2 million, EBITDA of €0.19 million and employs approximately 20 employees. The expected completion of the transaction is March 2, 2026. Aktia Alexander Corporate Finance Oy acted as financial advisor for Lemonsoft Oyj.Board Change • Dec 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Ilkka Hiidenheimo was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Dec 03Lemonsoft Oyj, Annual General Meeting, Apr 14, 2026Lemonsoft Oyj, Annual General Meeting, Apr 14, 2026.お知らせ • Dec 02+ 3 more updatesLemonsoft Oyj to Report Fiscal Year 2025 Results on Feb 19, 2026Lemonsoft Oyj announced that they will report fiscal year 2025 results on Feb 19, 2026最新情報をもっと見るRecent updatesお知らせ • Apr 15Lemonsoft Oyj Appoints Mikael Da Costa to Its Board of DirectorsLemonsoft Oyj at its AGM held on 14 April 2026 approved Mikael da Costa as a new member of the Board of Directors.お知らせ • Feb 20Lemonsoft Oyj announces Annual dividend, payable on April 23, 2026Lemonsoft Oyj announced Annual dividend of EUR 0.1400 per share payable on April 23, 2026, ex-date on April 15, 2026 and record date on April 16, 2026.お知らせ • Feb 14Lemonsoft Oyj (HLSE:LEMON) entered into a share purchase agreement to acquire 76% stake in Jakamo Limited for €5.8 million.Lemonsoft Oyj (HLSE:LEMON) entered into a share purchase agreement to acquire 76% stake in Jakamo Limited for €5.8 million on February 13, 2026. The purchase price consists of approximately €3.5 million will be paid at closing and approximately €0.4 million as a deferred purchase price in early 2027. The purchase price will be paid fully in cash and the transaction will be financed with a bank loan. The agreement includes an option to acquire the remaining 24% of the shares during 2028 and 2029. In addition, the parties have agreed on an additional purchase price based on the year 2026, which is based on the company’s revenue growth and profitability. The maximum additional purchase price is €1.9 million and, if realised, it will be paid fully in cash in early 2027. Jakamo will be reported as part of the Lemonsoft Group as of the completion of the transaction. Jakamo’s current CEO Jarl Matti Anttila will continue as CEO and the organisation will continue to operate in its current form as a subsidiary of Lemonsoft Oyj. For the period ending December 31, 2025, Jakamo Limited reported total revenue of €2 million, EBITDA of €0.19 million and employs approximately 20 employees. The expected completion of the transaction is March 2, 2026. Aktia Alexander Corporate Finance Oy acted as financial advisor for Lemonsoft Oyj.Board Change • Dec 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Ilkka Hiidenheimo was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Dec 03Lemonsoft Oyj, Annual General Meeting, Apr 14, 2026Lemonsoft Oyj, Annual General Meeting, Apr 14, 2026.お知らせ • Dec 02+ 3 more updatesLemonsoft Oyj to Report Fiscal Year 2025 Results on Feb 19, 2026Lemonsoft Oyj announced that they will report fiscal year 2025 results on Feb 19, 2026お知らせ • Nov 28Lemonsoft Oyj Announces Executive Changes, Effective 1 December 2025Lemonsoft Oyj strengthens its management team as of 1 December 2025. Kari Yli-Hakuni has been appointed Product Management Director and member of the management team. At the same time, Kari Joki-Hollanti will transition from Chief Product Officer to Chief Development Officer, enabling a stronger focus on long-term development projects. Kari Yli-Hakuni joins Lemonsoft’s management team as of 1 December 2025 and will be responsible for the entire Lemonsoft Oyj’s product management organisation. Yli-Hakuni joined Lemonsoft in August 2025 and has recently served as ERP Product Manager. He has over 25 years of experience in ERP and SaaS product organisations. Prior to joining Lemonsoft, he served at Visma as Business Director and held several senior product management and consulting leadership roles. The updated management team consists of the following people and roles: Alpo Luostarinen, Chief Executive Officer; Kari Joki-Hollanti, Chief Development Officer; Mari Erkkilä, Chief Financial Officer; Janne Tammi, Chief Technology Officer; Jarno Lehikoinen, Chief Sales Officer (as of 8 December 2025); Kari Yli-Hakuni, Product Management Director.お知らせ • Apr 09Lemonsoft Oyj Resolves Dividend for the Accounting Period Ended on 31 December 2024, Payable on 23 April 2025Lemonsoft Oyj at its Annual General Meeting held on 9 April 2025 resolved that a dividend of EUR 0.14 per share will be paid according to the confirmed balance sheet for the accounting period ended on 31 December 2024, corresponding to a total dividend payout of approximately EUR 2.6 million. The dividend shall be paid to shareholders registered on the record date, 11 April 2025, as a shareholder in the company’s shareholders’ register maintained by Euroclear Finland Oy. The Board of Directors proposes that the dividend be paid on 23 April 2025. The Annual General Meeting resolved that the share of profits not paid out in dividends for the accounting period be transferred to the company’s retained earnings account.お知らせ • Feb 20Lemonsoft Oyj to Report Fiscal Year 2024 Final Results on Mar 17, 2025Lemonsoft Oyj announced that they will report fiscal year 2024 final results at 1:00 PM, USSR Zone1 on Mar 17, 2025お知らせ • Jan 29+ 1 more updateAJAX SYSTEMS CH acquired Lemonsoft Oyj (HLSE:LEMON).AJAX SYSTEMS CH acquired Lemonsoft Oyj (HLSE:LEMON) on January 28, 2025. AJAX SYSTEMS CH completed the acquisition of Lemonsoft Oyj (HLSE:LEMON) on January 28, 2025.お知らせ • Nov 22Lemonsoft Oyj Announces Change in Management TeamLemonsoft Oyj ("Lemonsoft") renews the group's management team as of November 22, 2024. The new management team consists of the following people and roles: Alpo Luostarinen, Chief Executive Officer; Kari Joki-Hollanti, Chief Product Officer; Mari Erkkilä, Chief Financial Officer; Tuomas Koivisto, Chief Commercial Officer and Janne Tammi, Chief Technology Officer. Janne Tammi joins Lemonsoft’s management team as of November 22, 2024 and will be responsible for the entire Lemonsoft Oyj’s product development organization. Tammi has been with Lemonsoft since 2019, and in recent years he has been responsible for the technology team and the architecture of the Lemonsoft product. Tammi has over 15 years of experience in various roles within product organizations of domestic companies in Finland and North America. The company's founder and current Development Director, Kari Joki-Hollanti, will continue as a member of the management team and takes on the role of Chief Product Officer, overseeing the group’s product management. Pauli Siirtola will step down from his role as Product Management Director and his position in the management team as of November 22, 2024. Siirtola will continue with the company until January 1, 2025.お知らせ • Nov 13+ 4 more updatesLemonsoft Oyj, Annual General Meeting, Apr 09, 2025Lemonsoft Oyj, Annual General Meeting, Apr 09, 2025.Reported Earnings • Nov 06Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €7.32m (up 7.2% from 3Q 2023). Net income: €1.72m (up 3.9% from 3Q 2023). Profit margin: 24% (in line with 3Q 2023). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany.お知らせ • Oct 25Lemonsoft Oyj (HLSE:LEMON) commences an Equity Buyback Plan for 1,800,000 shares, representing 9.7% of its issued share capital, under the authorization approved on April 9, 2024.Lemonsoft Oyj (HLSE:LEMON) commences share repurchases on October 24, 2024, under the program mandated by shareholders in the Annual General Meeting held on April 9, 2024. As per the mandate, the company is authorized to repurchase up to 1,800,000 shares, representing 9.7% of its share capital. The shares can be repurchased at a price formed on First North Growth Market Finland on the date of the repurchase or at a price otherwise determined by the markets. The purpose of the program is to finance or carry out acquisitions or other arrangements, to implement the company’s incentive schemes, to develop the company’s capital structure, or for other purposes as decided by the Board of Directors. The shares shall be repurchased using the company’s unrestricted equity. The authorization will be valid till Annual General Meeting of the company in 2025 or June 30, 2025, if earlier. As of March 4, 2024, the company had 18,562,005 issued shares. On October 4, 2024, the company announced a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.6% of its share capital for €2 million. The program will commence from October 7, 2024, and will be valid till Annual General Meeting of the company in 2025. As of October 4, 2024, the company had 18,671,632 issued shares and 0 treasury shares.お知らせ • Oct 15Lemonsoft Oyj Announces Composition of the Shareholder's Nomination BoardLemonsoft Oyj have appointed the following members to the Shareholder’s Nomination Board: Victor Mellgren, appointed by Rite Internet Ventures AB; Jarmo Kinnunen, appointed by Kari Joki-Hollanti; Niklas Johansson, appointed by Handelsbanken Fonder. At the first meeting, Victor Mellgren was appointed as the Chairman of the Nomination Board. The Chairman of the Board of Lemonsoft Oyj acts as an expert member of the Nomination Board. The right to nominate members to represent shareholders rests with three shareholders who are registered in the shareholders’ register maintained by Euroclear Finland Ltd. or another operator on the last business day of August in the year preceding the Annual General Meeting and who hold the largest number of votes conferred by shares according to the shareholder register. The Shareholders’ Nomination Board is a body established by the Annual General Meeting consisting of the company's shareholders, whose task is to prepare proposals on the election and remuneration of the members of the Board of Directors for Lemonsoft’s Annual General Meeting.お知らせ • Sep 25Lemonsoft Oyj Announces CEO ChangesLemonsoft Oyj’s Board of Directors has nominated Alpo Luostarinen, M.Sc. (Econ.), as the company’s new CEO as of September 25, 2024. Luostarinen has served the company since 2021 and has acted as Director responsible for mergers and acquisitions as well as investor relations. Prior to this, he has been in several positions in M&A, financing and management consulting in various organizations. Lemonsoft’s founder Kari Joki-Hollanti has acted as the company’s Interim CEO since March 2024. Joki-Hollanti will continue as Lemonsoft’s Development Director and Board member as of September 25, 2024, continuing to focus on developing the competitiveness of Lemonsoft’s product family. Alpo Luostarinen has been responsible for i.a. acquisitions and as a member of the management team has been involved in the development of the company's key operations. In addition, he has played a significant role in the development of Lemonsoft as a listed company and has successfully lead the company's investor relations.お知らせ • Aug 21Lemonsoft Oyj Announces Riku Åkerblom Will Leave as Chief Delivery Officer and Member of the Management TeamLemonsoft Oyj announced that its Chief Delivery Officer and member of the management team Riku Åkerblom will leave his role and position in Lemonsoft’s management team on August 20, 2024. The updated management team consists of the following people and roles: Kari Joki-Hollanti, Interim CEO. Mari Erkkilä, Chief Financial Officer. Pauli Siirtola, Director, Product management. Alpo Luostarinen, Director, M&A and Investor Relations. Tuomas Koivisto, Chief Commercial Officer.Reported Earnings • Aug 09Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €7.03m (up 14% from 2Q 2023). Net income: €759.0k (down 23% from 2Q 2023). Profit margin: 11% (down from 16% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany.New Risk • Jul 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change).Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €6.94, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Software industry in Germany. Total loss to shareholders of 7.1% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €7.90 per share.お知らせ • Jul 02Lemonsoft Oyj (HLSE:LEMON) acquired Applirent Oy for €2.80 million.Lemonsoft Oyj (HLSE:LEMON) acquired Applirent Oy for €2.80 million on July 1, 2024. The purchase price for the share capital of Applirent Oy is approximately €2.3 million, and the net debt-free enterprise value is €2.0 million. The purchase price will be paid 75% in cash and 25% in shares at closing. In addition, the parties have agreed on an additional purchase price based on Applirent Oy’s EBIT for the years 2024-2026. The additional purchase price amounts to a maximum of €0.8 million, and if realized, will be paid fully in cash. For the period ending October 31, 2023, Applirent Oy reported total revenue of €0.8 million. As of October 31, 2023, Applirent Oy’s net cash was approximately €0.3 million. The company’s founders Tuomas Niemi, Antti Lehikoinen, and Vesa Harjunen will continue to work for Applirent Oy, with Tuomas Niemi continuing as CEO. Lemonsoft Oyj (HLSE:LEMON) completed the acquisition of Applirent Oy on July 1, 2024.お知らせ • May 30Lemonsoft Oyj Announces Appointment of Tuomas Koivisto as Chief Commercial Officer and Member of the Management TeamLemonsoft Oyj announced Tuomas Koivisto has been appointed as Chief Commercial Officer (CCO) of Lemonsoft Oyj and member of the management team. The updated management team consists of the following people and roles: Kari Joki-Hollanti, Interim CEO, Mari Erkkilä, Chief Financial Officer, Pauli Siirtola, Director, Product management,Alpo Luostarinen, Director, M&A and IR, Riku Åkerblom, Chief Delivery Officer, Tuomas Koivisto, Chief Commercial Officer. In his role as Chief Commercial Officer, Tuomas Koivisto is responsible for leading Lemonsoft’s sales and marketing functions on a group level. The CCO has an integral role in developing sales and marketing of all Lemonsoft Group’s products and executing Lemonsoft’s commercial strategy. Tuomas has successfully run Finvoicer Group Oy as its CEO for the past 10 years and will also continue in that role.お知らせ • Apr 27Lemonsoft Oyj Announces Changes to Management TeamLemonsoft Oyj announced that Chief Human Resource Officer (CHRO) and member of the management team, Marjaana Murtomaa, will leave her role and position in Lemonsoft’s management team on April 26, 2024. The updated management team consists of the following people and roles: Kari Joki-Hollanti Interim CEO, Mari Erkkilä Chief Financial Officer,Pauli Siirtola, Director, Product management, Alpo Luostarinen Director, M&A and Investor Relations,Riku Åkerblom Chief Delivery Officer.Reported Earnings • Apr 26First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €6.94m (up 17% from 1Q 2023). Net income: €653.0k (down 30% from 1Q 2023). Profit margin: 9.4% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany.お知らせ • Apr 10Lemonsoft Oyj Approves Dividend for the Accounting Period Ending on 31 December 2023, Payable on 22 April 2024Lemonsoft Oyj resolved at its AGM held on 9 April 2024 that a dividend of EUR 0.14 per share will be paid according to the confirmed balance sheet for the accounting period ending on 31 December 2023, corresponding to a total dividend payout of approximately EUR 2.6 million. The dividend shall be paid to shareholders registered on the record date, 11 April 2024, as a shareholder in the company’s shareholders’ register maintained by Euroclear Finland Oy. The Board of Directors proposes that the dividend be paid on 22 April 2024.Upcoming Dividend • Apr 03Upcoming dividend of €0.14 per shareEligible shareholders must have bought the stock before 10 April 2024. Payment date: 22 April 2024. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.2%).お知らせ • Mar 29Lemonsoft Oyj Announces Chief Executive Officer ChangesThe board of directors of Lemonsoft Oyj and Jan-Erik Lindfors have mutually agreed that Lindfors will leave the role as CEO with immediate effect. The Board of Directors has initiated the search for a new CEO. The Board of Directors of Lemonsoft Oyj has appointed the founder of Lemonsoft Oyj and the group’s Development Director Kari Joki-Hollanti as the interim CEO. He will commence in this position with immediate effect. In addition to the role as interim CEO, Joki-Hollanti will also continue in the role as Development Director.Reported Earnings • Mar 24Full year 2023 earnings released: EPS: €0.29 (vs €0.27 in FY 2022)Full year 2023 results: EPS: €0.29 (up from €0.27 in FY 2022). Revenue: €26.3m (up 17% from FY 2022). Net income: €5.30m (up 5.4% from FY 2022). Profit margin: 20% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany.お知らせ • Mar 22Lemonsoft Oyj Announces Executive Appointments, Effective March 25, 2024Lemonsoft Oyj announced that Marjaana Murtomaa (Chief HR Officer) and Riku Åkerblom (Chief Delivery Officer) have been appointed as new members of the management team. Murtomaa and Åkerblom will start working for Lemonsoft and as members of the management team on March 25, 2024. The updated management team consists of the following people and roles: Jan-Erik Lindfors, Chief Executive Officer; Mari Erkkilä, Chief Financial Officer; Kari Joki-Hollanti, Chief Product Officer; Pauli Siirtola, Director, Product management; Alpo Luostarinen, Director, M&A and Investor Relations; Marjaana Murtomaa, Chief HR Officer; Riku Åkerblom, Chief Delivery Officer. In her role as Chief HR Officer, Marjaana Murtomaa is responsible for Lemonsoft’s HR strategy, policies and operations as well as developing Lemonsoft’s organizational culture. Marjaana has extensive experience in HR operations in the software and SaaS industry ranging from organizational design and scaling up operations to developing and deploying and managing HR processes. In his role as Chief Delivery Officer, Riku Åkerblom is responsible for Lemonsoft’s customer success, customer deliveries and customer support as well as developing the company’s professional services offering. Previously, Riku worked at Sympa Oy as VP, Services and has over 15 years’ experience from customer delivery and scaling up SaaS businesses in the Nordics and in Europe.Buy Or Sell Opportunity • Mar 12Now 20% undervaluedOver the last 90 days, the stock has risen 15% to €6.00. The fair value is estimated to be €7.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has declined by 8.0%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.Reported Earnings • Feb 16Full year 2023 earnings released: EPS: €0.29 (vs €0.18 in FY 2022)Full year 2023 results: EPS: €0.29 (up from €0.18 in FY 2022). Revenue: €26.8m (up 19% from FY 2022). Net income: €5.30m (up 64% from FY 2022). Profit margin: 20% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany.Buy Or Sell Opportunity • Feb 02Now 21% undervaluedOver the last 90 days, the stock has risen 23% to €5.82. The fair value is estimated to be €7.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Ilkka Hiidenheimo was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • Jan 16Now 22% undervaluedOver the last 90 days, the stock is up 25%. The fair value is estimated to be €7.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings is also forecast to grow by 17% per annum over the same time period.お知らせ • Dec 08Lemonsoft Oyj to Report Fiscal Year 2023 Results on Feb 15, 2024Lemonsoft Oyj announced that they will report fiscal year 2023 results on Feb 15, 2024お知らせ • Dec 07+ 2 more updatesLemonsoft Oyj to Report First Half, 2024 Results on Aug 08, 2024Lemonsoft Oyj announced that they will report first half, 2024 results on Aug 08, 2024Buying Opportunity • Nov 28Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €6.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings is also forecast to grow by 17% per annum over the same time period.Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €5.66, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 27x in the Software industry in Germany. Total loss to shareholders of 40% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €7.33 per share.Reported Earnings • Oct 28Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €6.83m (up 18% from 3Q 2022). Net income: €1.66m (up 93% from 3Q 2022). Profit margin: 24% (up from 15% in 3Q 2022). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Germany.New Risk • Oct 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.0m (US$96.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (€92.0m market cap, or US$96.8m).Buying Opportunity • Sep 04Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be €7.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last year. Earnings per share has declined by 60%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: €0.053 (vs €0.052 in 2Q 2022)Second quarter 2023 results: EPS: €0.053 (up from €0.052 in 2Q 2022). Revenue: €6.16m (up 16% from 2Q 2022). Net income: €990.0k (up 3.1% from 2Q 2022). Profit margin: 16% (down from 18% in 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany.お知らせ • Aug 12Lemonsoft Oyj Provides Earnings Guidance for the Year 2023Lemonsoft Oyj provided earnings guidance for the year 2023. For the year, following the acquisition of Finvoicer Group Oy, the company expects net sales will increase by 15% to 20% compared to the financial year 2022.株主還元M36DE SoftwareDE 市場7D-1.8%0.5%-0.02%1Y-20.8%-44.0%0.1%株主還元を見る業界別リターン: M36過去 1 年間で-44 % の収益を上げたGerman Software業界を上回りました。リターン対市場: M36は、過去 1 年間で0.1 % のリターンを上げたGerman市場を下回りました。価格変動Is M36's price volatile compared to industry and market?M36 volatilityM36 Average Weekly Movement3.9%Software Industry Average Movement6.1%Market Average Movement6.0%10% most volatile stocks in DE Market13.2%10% least volatile stocks in DE Market2.6%安定した株価: M36 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: M36の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2006193Alpo Luostarinenwww.lemonsoft.fiソフトウェア会社であるLemonsoft Oyjは、ERPソフトウェア・ソリューションの設計、開発、販売をフィンランド国内および国際的に行っている。同社のソリューションは、様々なビジネスラインや管理部門における顧客のプロセスを合理化する。同社のソフトウェア・ソリューションは主にクラウドから提供され、SaaSモデルに基づいている。同社は主に、工業製造、卸売・小売、プロフェッショナル・サービス・オートメーション、建設、会計分野の中小企業にサービスを提供している。Lemonsoft Oyjは2006年に設立され、フィンランドのヴァーサに本社を置いている。もっと見るLemonsoft Oyj 基礎のまとめLemonsoft Oyj の収益と売上を時価総額と比較するとどうか。M36 基礎統計学時価総額€86.30m収益（TTM）€4.63m売上高(TTM)€28.45m18.7xPER（株価収益率3.0xP/SレシオM36 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計M36 損益計算書（TTM）収益€28.45m売上原価€17.61m売上総利益€10.85mその他の費用€6.22m収益€4.63m直近の収益報告Mar 31, 2026次回決算日Aug 14, 2026一株当たり利益（EPS）0.26グロス・マージン38.12%純利益率16.26%有利子負債／自己資本比率43.3%M36 の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.9%現在の配当利回り56%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 04:07終値2026/05/07 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Lemonsoft Oyj 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Daniel LepistoDanske BankJuha KinnunenInderes OyMarianne PalmuInderes Oy2 その他のアナリストを表示
Featured narrative•Software opportunityZenaTechabout 2 months ago author updated this narrativeJOFair Value from Jolt_CommunicationsUS$6.8569.3% 割安 内在価値ディスカウントZenaTech: A big bet on the rise of AI drones and drones-as-a-serviceKey Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Read full narrative3.2kusers have viewed this narrative9users have liked this narrative0users have commented on this narrative77users have followed this narrativeRead narrative
お知らせ • Apr 15Lemonsoft Oyj Appoints Mikael Da Costa to Its Board of DirectorsLemonsoft Oyj at its AGM held on 14 April 2026 approved Mikael da Costa as a new member of the Board of Directors.
お知らせ • Feb 20Lemonsoft Oyj announces Annual dividend, payable on April 23, 2026Lemonsoft Oyj announced Annual dividend of EUR 0.1400 per share payable on April 23, 2026, ex-date on April 15, 2026 and record date on April 16, 2026.
お知らせ • Feb 14Lemonsoft Oyj (HLSE:LEMON) entered into a share purchase agreement to acquire 76% stake in Jakamo Limited for €5.8 million.Lemonsoft Oyj (HLSE:LEMON) entered into a share purchase agreement to acquire 76% stake in Jakamo Limited for €5.8 million on February 13, 2026. The purchase price consists of approximately €3.5 million will be paid at closing and approximately €0.4 million as a deferred purchase price in early 2027. The purchase price will be paid fully in cash and the transaction will be financed with a bank loan. The agreement includes an option to acquire the remaining 24% of the shares during 2028 and 2029. In addition, the parties have agreed on an additional purchase price based on the year 2026, which is based on the company’s revenue growth and profitability. The maximum additional purchase price is €1.9 million and, if realised, it will be paid fully in cash in early 2027. Jakamo will be reported as part of the Lemonsoft Group as of the completion of the transaction. Jakamo’s current CEO Jarl Matti Anttila will continue as CEO and the organisation will continue to operate in its current form as a subsidiary of Lemonsoft Oyj. For the period ending December 31, 2025, Jakamo Limited reported total revenue of €2 million, EBITDA of €0.19 million and employs approximately 20 employees. The expected completion of the transaction is March 2, 2026. Aktia Alexander Corporate Finance Oy acted as financial advisor for Lemonsoft Oyj.
Board Change • Dec 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Ilkka Hiidenheimo was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Dec 03Lemonsoft Oyj, Annual General Meeting, Apr 14, 2026Lemonsoft Oyj, Annual General Meeting, Apr 14, 2026.
お知らせ • Dec 02+ 3 more updatesLemonsoft Oyj to Report Fiscal Year 2025 Results on Feb 19, 2026Lemonsoft Oyj announced that they will report fiscal year 2025 results on Feb 19, 2026
お知らせ • Apr 15Lemonsoft Oyj Appoints Mikael Da Costa to Its Board of DirectorsLemonsoft Oyj at its AGM held on 14 April 2026 approved Mikael da Costa as a new member of the Board of Directors.
お知らせ • Feb 20Lemonsoft Oyj announces Annual dividend, payable on April 23, 2026Lemonsoft Oyj announced Annual dividend of EUR 0.1400 per share payable on April 23, 2026, ex-date on April 15, 2026 and record date on April 16, 2026.
お知らせ • Feb 14Lemonsoft Oyj (HLSE:LEMON) entered into a share purchase agreement to acquire 76% stake in Jakamo Limited for €5.8 million.Lemonsoft Oyj (HLSE:LEMON) entered into a share purchase agreement to acquire 76% stake in Jakamo Limited for €5.8 million on February 13, 2026. The purchase price consists of approximately €3.5 million will be paid at closing and approximately €0.4 million as a deferred purchase price in early 2027. The purchase price will be paid fully in cash and the transaction will be financed with a bank loan. The agreement includes an option to acquire the remaining 24% of the shares during 2028 and 2029. In addition, the parties have agreed on an additional purchase price based on the year 2026, which is based on the company’s revenue growth and profitability. The maximum additional purchase price is €1.9 million and, if realised, it will be paid fully in cash in early 2027. Jakamo will be reported as part of the Lemonsoft Group as of the completion of the transaction. Jakamo’s current CEO Jarl Matti Anttila will continue as CEO and the organisation will continue to operate in its current form as a subsidiary of Lemonsoft Oyj. For the period ending December 31, 2025, Jakamo Limited reported total revenue of €2 million, EBITDA of €0.19 million and employs approximately 20 employees. The expected completion of the transaction is March 2, 2026. Aktia Alexander Corporate Finance Oy acted as financial advisor for Lemonsoft Oyj.
Board Change • Dec 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Ilkka Hiidenheimo was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Dec 03Lemonsoft Oyj, Annual General Meeting, Apr 14, 2026Lemonsoft Oyj, Annual General Meeting, Apr 14, 2026.
お知らせ • Dec 02+ 3 more updatesLemonsoft Oyj to Report Fiscal Year 2025 Results on Feb 19, 2026Lemonsoft Oyj announced that they will report fiscal year 2025 results on Feb 19, 2026
お知らせ • Nov 28Lemonsoft Oyj Announces Executive Changes, Effective 1 December 2025Lemonsoft Oyj strengthens its management team as of 1 December 2025. Kari Yli-Hakuni has been appointed Product Management Director and member of the management team. At the same time, Kari Joki-Hollanti will transition from Chief Product Officer to Chief Development Officer, enabling a stronger focus on long-term development projects. Kari Yli-Hakuni joins Lemonsoft’s management team as of 1 December 2025 and will be responsible for the entire Lemonsoft Oyj’s product management organisation. Yli-Hakuni joined Lemonsoft in August 2025 and has recently served as ERP Product Manager. He has over 25 years of experience in ERP and SaaS product organisations. Prior to joining Lemonsoft, he served at Visma as Business Director and held several senior product management and consulting leadership roles. The updated management team consists of the following people and roles: Alpo Luostarinen, Chief Executive Officer; Kari Joki-Hollanti, Chief Development Officer; Mari Erkkilä, Chief Financial Officer; Janne Tammi, Chief Technology Officer; Jarno Lehikoinen, Chief Sales Officer (as of 8 December 2025); Kari Yli-Hakuni, Product Management Director.
お知らせ • Apr 09Lemonsoft Oyj Resolves Dividend for the Accounting Period Ended on 31 December 2024, Payable on 23 April 2025Lemonsoft Oyj at its Annual General Meeting held on 9 April 2025 resolved that a dividend of EUR 0.14 per share will be paid according to the confirmed balance sheet for the accounting period ended on 31 December 2024, corresponding to a total dividend payout of approximately EUR 2.6 million. The dividend shall be paid to shareholders registered on the record date, 11 April 2025, as a shareholder in the company’s shareholders’ register maintained by Euroclear Finland Oy. The Board of Directors proposes that the dividend be paid on 23 April 2025. The Annual General Meeting resolved that the share of profits not paid out in dividends for the accounting period be transferred to the company’s retained earnings account.
お知らせ • Feb 20Lemonsoft Oyj to Report Fiscal Year 2024 Final Results on Mar 17, 2025Lemonsoft Oyj announced that they will report fiscal year 2024 final results at 1:00 PM, USSR Zone1 on Mar 17, 2025
お知らせ • Jan 29+ 1 more updateAJAX SYSTEMS CH acquired Lemonsoft Oyj (HLSE:LEMON).AJAX SYSTEMS CH acquired Lemonsoft Oyj (HLSE:LEMON) on January 28, 2025. AJAX SYSTEMS CH completed the acquisition of Lemonsoft Oyj (HLSE:LEMON) on January 28, 2025.
お知らせ • Nov 22Lemonsoft Oyj Announces Change in Management TeamLemonsoft Oyj ("Lemonsoft") renews the group's management team as of November 22, 2024. The new management team consists of the following people and roles: Alpo Luostarinen, Chief Executive Officer; Kari Joki-Hollanti, Chief Product Officer; Mari Erkkilä, Chief Financial Officer; Tuomas Koivisto, Chief Commercial Officer and Janne Tammi, Chief Technology Officer. Janne Tammi joins Lemonsoft’s management team as of November 22, 2024 and will be responsible for the entire Lemonsoft Oyj’s product development organization. Tammi has been with Lemonsoft since 2019, and in recent years he has been responsible for the technology team and the architecture of the Lemonsoft product. Tammi has over 15 years of experience in various roles within product organizations of domestic companies in Finland and North America. The company's founder and current Development Director, Kari Joki-Hollanti, will continue as a member of the management team and takes on the role of Chief Product Officer, overseeing the group’s product management. Pauli Siirtola will step down from his role as Product Management Director and his position in the management team as of November 22, 2024. Siirtola will continue with the company until January 1, 2025.
お知らせ • Nov 13+ 4 more updatesLemonsoft Oyj, Annual General Meeting, Apr 09, 2025Lemonsoft Oyj, Annual General Meeting, Apr 09, 2025.
Reported Earnings • Nov 06Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €7.32m (up 7.2% from 3Q 2023). Net income: €1.72m (up 3.9% from 3Q 2023). Profit margin: 24% (in line with 3Q 2023). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany.
お知らせ • Oct 25Lemonsoft Oyj (HLSE:LEMON) commences an Equity Buyback Plan for 1,800,000 shares, representing 9.7% of its issued share capital, under the authorization approved on April 9, 2024.Lemonsoft Oyj (HLSE:LEMON) commences share repurchases on October 24, 2024, under the program mandated by shareholders in the Annual General Meeting held on April 9, 2024. As per the mandate, the company is authorized to repurchase up to 1,800,000 shares, representing 9.7% of its share capital. The shares can be repurchased at a price formed on First North Growth Market Finland on the date of the repurchase or at a price otherwise determined by the markets. The purpose of the program is to finance or carry out acquisitions or other arrangements, to implement the company’s incentive schemes, to develop the company’s capital structure, or for other purposes as decided by the Board of Directors. The shares shall be repurchased using the company’s unrestricted equity. The authorization will be valid till Annual General Meeting of the company in 2025 or June 30, 2025, if earlier. As of March 4, 2024, the company had 18,562,005 issued shares. On October 4, 2024, the company announced a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.6% of its share capital for €2 million. The program will commence from October 7, 2024, and will be valid till Annual General Meeting of the company in 2025. As of October 4, 2024, the company had 18,671,632 issued shares and 0 treasury shares.
お知らせ • Oct 15Lemonsoft Oyj Announces Composition of the Shareholder's Nomination BoardLemonsoft Oyj have appointed the following members to the Shareholder’s Nomination Board: Victor Mellgren, appointed by Rite Internet Ventures AB; Jarmo Kinnunen, appointed by Kari Joki-Hollanti; Niklas Johansson, appointed by Handelsbanken Fonder. At the first meeting, Victor Mellgren was appointed as the Chairman of the Nomination Board. The Chairman of the Board of Lemonsoft Oyj acts as an expert member of the Nomination Board. The right to nominate members to represent shareholders rests with three shareholders who are registered in the shareholders’ register maintained by Euroclear Finland Ltd. or another operator on the last business day of August in the year preceding the Annual General Meeting and who hold the largest number of votes conferred by shares according to the shareholder register. The Shareholders’ Nomination Board is a body established by the Annual General Meeting consisting of the company's shareholders, whose task is to prepare proposals on the election and remuneration of the members of the Board of Directors for Lemonsoft’s Annual General Meeting.
お知らせ • Sep 25Lemonsoft Oyj Announces CEO ChangesLemonsoft Oyj’s Board of Directors has nominated Alpo Luostarinen, M.Sc. (Econ.), as the company’s new CEO as of September 25, 2024. Luostarinen has served the company since 2021 and has acted as Director responsible for mergers and acquisitions as well as investor relations. Prior to this, he has been in several positions in M&A, financing and management consulting in various organizations. Lemonsoft’s founder Kari Joki-Hollanti has acted as the company’s Interim CEO since March 2024. Joki-Hollanti will continue as Lemonsoft’s Development Director and Board member as of September 25, 2024, continuing to focus on developing the competitiveness of Lemonsoft’s product family. Alpo Luostarinen has been responsible for i.a. acquisitions and as a member of the management team has been involved in the development of the company's key operations. In addition, he has played a significant role in the development of Lemonsoft as a listed company and has successfully lead the company's investor relations.
お知らせ • Aug 21Lemonsoft Oyj Announces Riku Åkerblom Will Leave as Chief Delivery Officer and Member of the Management TeamLemonsoft Oyj announced that its Chief Delivery Officer and member of the management team Riku Åkerblom will leave his role and position in Lemonsoft’s management team on August 20, 2024. The updated management team consists of the following people and roles: Kari Joki-Hollanti, Interim CEO. Mari Erkkilä, Chief Financial Officer. Pauli Siirtola, Director, Product management. Alpo Luostarinen, Director, M&A and Investor Relations. Tuomas Koivisto, Chief Commercial Officer.
Reported Earnings • Aug 09Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €7.03m (up 14% from 2Q 2023). Net income: €759.0k (down 23% from 2Q 2023). Profit margin: 11% (down from 16% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany.
New Risk • Jul 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change).
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €6.94, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Software industry in Germany. Total loss to shareholders of 7.1% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €7.90 per share.
お知らせ • Jul 02Lemonsoft Oyj (HLSE:LEMON) acquired Applirent Oy for €2.80 million.Lemonsoft Oyj (HLSE:LEMON) acquired Applirent Oy for €2.80 million on July 1, 2024. The purchase price for the share capital of Applirent Oy is approximately €2.3 million, and the net debt-free enterprise value is €2.0 million. The purchase price will be paid 75% in cash and 25% in shares at closing. In addition, the parties have agreed on an additional purchase price based on Applirent Oy’s EBIT for the years 2024-2026. The additional purchase price amounts to a maximum of €0.8 million, and if realized, will be paid fully in cash. For the period ending October 31, 2023, Applirent Oy reported total revenue of €0.8 million. As of October 31, 2023, Applirent Oy’s net cash was approximately €0.3 million. The company’s founders Tuomas Niemi, Antti Lehikoinen, and Vesa Harjunen will continue to work for Applirent Oy, with Tuomas Niemi continuing as CEO. Lemonsoft Oyj (HLSE:LEMON) completed the acquisition of Applirent Oy on July 1, 2024.
お知らせ • May 30Lemonsoft Oyj Announces Appointment of Tuomas Koivisto as Chief Commercial Officer and Member of the Management TeamLemonsoft Oyj announced Tuomas Koivisto has been appointed as Chief Commercial Officer (CCO) of Lemonsoft Oyj and member of the management team. The updated management team consists of the following people and roles: Kari Joki-Hollanti, Interim CEO, Mari Erkkilä, Chief Financial Officer, Pauli Siirtola, Director, Product management,Alpo Luostarinen, Director, M&A and IR, Riku Åkerblom, Chief Delivery Officer, Tuomas Koivisto, Chief Commercial Officer. In his role as Chief Commercial Officer, Tuomas Koivisto is responsible for leading Lemonsoft’s sales and marketing functions on a group level. The CCO has an integral role in developing sales and marketing of all Lemonsoft Group’s products and executing Lemonsoft’s commercial strategy. Tuomas has successfully run Finvoicer Group Oy as its CEO for the past 10 years and will also continue in that role.
お知らせ • Apr 27Lemonsoft Oyj Announces Changes to Management TeamLemonsoft Oyj announced that Chief Human Resource Officer (CHRO) and member of the management team, Marjaana Murtomaa, will leave her role and position in Lemonsoft’s management team on April 26, 2024. The updated management team consists of the following people and roles: Kari Joki-Hollanti Interim CEO, Mari Erkkilä Chief Financial Officer,Pauli Siirtola, Director, Product management, Alpo Luostarinen Director, M&A and Investor Relations,Riku Åkerblom Chief Delivery Officer.
Reported Earnings • Apr 26First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €6.94m (up 17% from 1Q 2023). Net income: €653.0k (down 30% from 1Q 2023). Profit margin: 9.4% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany.
お知らせ • Apr 10Lemonsoft Oyj Approves Dividend for the Accounting Period Ending on 31 December 2023, Payable on 22 April 2024Lemonsoft Oyj resolved at its AGM held on 9 April 2024 that a dividend of EUR 0.14 per share will be paid according to the confirmed balance sheet for the accounting period ending on 31 December 2023, corresponding to a total dividend payout of approximately EUR 2.6 million. The dividend shall be paid to shareholders registered on the record date, 11 April 2024, as a shareholder in the company’s shareholders’ register maintained by Euroclear Finland Oy. The Board of Directors proposes that the dividend be paid on 22 April 2024.
Upcoming Dividend • Apr 03Upcoming dividend of €0.14 per shareEligible shareholders must have bought the stock before 10 April 2024. Payment date: 22 April 2024. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.2%).
お知らせ • Mar 29Lemonsoft Oyj Announces Chief Executive Officer ChangesThe board of directors of Lemonsoft Oyj and Jan-Erik Lindfors have mutually agreed that Lindfors will leave the role as CEO with immediate effect. The Board of Directors has initiated the search for a new CEO. The Board of Directors of Lemonsoft Oyj has appointed the founder of Lemonsoft Oyj and the group’s Development Director Kari Joki-Hollanti as the interim CEO. He will commence in this position with immediate effect. In addition to the role as interim CEO, Joki-Hollanti will also continue in the role as Development Director.
Reported Earnings • Mar 24Full year 2023 earnings released: EPS: €0.29 (vs €0.27 in FY 2022)Full year 2023 results: EPS: €0.29 (up from €0.27 in FY 2022). Revenue: €26.3m (up 17% from FY 2022). Net income: €5.30m (up 5.4% from FY 2022). Profit margin: 20% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany.
お知らせ • Mar 22Lemonsoft Oyj Announces Executive Appointments, Effective March 25, 2024Lemonsoft Oyj announced that Marjaana Murtomaa (Chief HR Officer) and Riku Åkerblom (Chief Delivery Officer) have been appointed as new members of the management team. Murtomaa and Åkerblom will start working for Lemonsoft and as members of the management team on March 25, 2024. The updated management team consists of the following people and roles: Jan-Erik Lindfors, Chief Executive Officer; Mari Erkkilä, Chief Financial Officer; Kari Joki-Hollanti, Chief Product Officer; Pauli Siirtola, Director, Product management; Alpo Luostarinen, Director, M&A and Investor Relations; Marjaana Murtomaa, Chief HR Officer; Riku Åkerblom, Chief Delivery Officer. In her role as Chief HR Officer, Marjaana Murtomaa is responsible for Lemonsoft’s HR strategy, policies and operations as well as developing Lemonsoft’s organizational culture. Marjaana has extensive experience in HR operations in the software and SaaS industry ranging from organizational design and scaling up operations to developing and deploying and managing HR processes. In his role as Chief Delivery Officer, Riku Åkerblom is responsible for Lemonsoft’s customer success, customer deliveries and customer support as well as developing the company’s professional services offering. Previously, Riku worked at Sympa Oy as VP, Services and has over 15 years’ experience from customer delivery and scaling up SaaS businesses in the Nordics and in Europe.
Buy Or Sell Opportunity • Mar 12Now 20% undervaluedOver the last 90 days, the stock has risen 15% to €6.00. The fair value is estimated to be €7.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has declined by 8.0%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.
Reported Earnings • Feb 16Full year 2023 earnings released: EPS: €0.29 (vs €0.18 in FY 2022)Full year 2023 results: EPS: €0.29 (up from €0.18 in FY 2022). Revenue: €26.8m (up 19% from FY 2022). Net income: €5.30m (up 64% from FY 2022). Profit margin: 20% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany.
Buy Or Sell Opportunity • Feb 02Now 21% undervaluedOver the last 90 days, the stock has risen 23% to €5.82. The fair value is estimated to be €7.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Ilkka Hiidenheimo was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Jan 16Now 22% undervaluedOver the last 90 days, the stock is up 25%. The fair value is estimated to be €7.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings is also forecast to grow by 17% per annum over the same time period.
お知らせ • Dec 08Lemonsoft Oyj to Report Fiscal Year 2023 Results on Feb 15, 2024Lemonsoft Oyj announced that they will report fiscal year 2023 results on Feb 15, 2024
お知らせ • Dec 07+ 2 more updatesLemonsoft Oyj to Report First Half, 2024 Results on Aug 08, 2024Lemonsoft Oyj announced that they will report first half, 2024 results on Aug 08, 2024
Buying Opportunity • Nov 28Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €6.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings is also forecast to grow by 17% per annum over the same time period.
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €5.66, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 27x in the Software industry in Germany. Total loss to shareholders of 40% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €7.33 per share.
Reported Earnings • Oct 28Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €6.83m (up 18% from 3Q 2022). Net income: €1.66m (up 93% from 3Q 2022). Profit margin: 24% (up from 15% in 3Q 2022). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Germany.
New Risk • Oct 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.0m (US$96.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (€92.0m market cap, or US$96.8m).
Buying Opportunity • Sep 04Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be €7.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last year. Earnings per share has declined by 60%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: €0.053 (vs €0.052 in 2Q 2022)Second quarter 2023 results: EPS: €0.053 (up from €0.052 in 2Q 2022). Revenue: €6.16m (up 16% from 2Q 2022). Net income: €990.0k (up 3.1% from 2Q 2022). Profit margin: 16% (down from 18% in 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany.
お知らせ • Aug 12Lemonsoft Oyj Provides Earnings Guidance for the Year 2023Lemonsoft Oyj provided earnings guidance for the year 2023. For the year, following the acquisition of Finvoicer Group Oy, the company expects net sales will increase by 15% to 20% compared to the financial year 2022.
