View Future GrowthLemonsoft Oyj 과거 순이익 실적과거 기준 점검 3/6Lemonsoft Oyj은 연평균 9.1%의 비율로 수입이 증가해 온 반면, Software 산업은 수입이 10.4% 감소했습니다. 매출은 연평균 7.5%의 비율로 증가했습니다. Lemonsoft Oyj의 자기자본이익률은 14.7%이고 순이익률은 15.7%입니다.핵심 정보9.14%순이익 성장률-10.10%주당순이익(EPS) 성장률Software 산업 성장률20.84%매출 성장률7.50%자기자본이익률14.69%순이익률15.75%다음 순이익 업데이트14 Aug 2026최근 과거 실적 업데이트Reported Earnings • May 02First quarter 2026 earnings: Revenues miss analyst expectationsFirst quarter 2026 results: Revenue: €7.50m (down 1.1% from 1Q 2025). Net income: €1.08m (up 9.3% from 1Q 2025). Profit margin: 14% (up from 13% in 1Q 2025). Revenue missed analyst estimates by 1.3%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Finland.분석 기사 • Mar 28We Think That There Are Issues Underlying Lemonsoft Oyj's (HEL:LEMON) EarningsLemonsoft Oyj ( HEL:LEMON ) announced strong profits, but the stock was stagnant. We did some digging, and we found...Reported Earnings • Mar 26Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €0.25 (up from €0.22 in FY 2024). Revenue: €29.5m (up 1.9% from FY 2024). Net income: €4.53m (up 9.4% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.2%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Reported Earnings • Feb 20Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €0.25 (up from €0.22 in FY 2024). Revenue: €30.5m (up 5.7% from FY 2024). Net income: €4.53m (up 9.4% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.2%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.공시 • 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, 2026Reported Earnings • Nov 02Third quarter 2025 earnings: Revenues miss analyst expectationsThird quarter 2025 results: Revenue: €7.24m (down 1.1% from 3Q 2024). Net income: €1.92m (up 11% from 3Q 2024). Profit margin: 27% (up from 24% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.9%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Finland.모든 업데이트 보기Recent updatesReported Earnings • May 02First quarter 2026 earnings: Revenues miss analyst expectationsFirst quarter 2026 results: Revenue: €7.50m (down 1.1% from 1Q 2025). Net income: €1.08m (up 9.3% from 1Q 2025). Profit margin: 14% (up from 13% in 1Q 2025). Revenue missed analyst estimates by 1.3%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Finland.공시 • 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.Upcoming Dividend • Apr 08Upcoming dividend of €0.14 per shareEligible shareholders must have bought the stock before 15 April 2026. Payment date: 28 April 2026. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Finnish dividend payers (5.4%). Higher than average of industry peers (1.1%).분석 기사 • Mar 28We Think That There Are Issues Underlying Lemonsoft Oyj's (HEL:LEMON) EarningsLemonsoft Oyj ( HEL:LEMON ) announced strong profits, but the stock was stagnant. We did some digging, and we found...New Risk • Mar 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 26Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €0.25 (up from €0.22 in FY 2024). Revenue: €29.5m (up 1.9% from FY 2024). Net income: €4.53m (up 9.4% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.2%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Recent Insider Transactions • Mar 15Chairman of Board recently bought €1.7m worth of stockOn the 6th of March, Christoffer Haggblom bought around 356k shares on-market at roughly €4.67 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Christoffer's only on-market trade for the last 12 months.New Risk • Mar 03New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €82.6m (US$95.8m) 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. This is currently the only risk that has been identified for the company.Declared Dividend • Feb 22Dividend of €0.14 announcedDividend of €0.14 is the same as last year. Ex-date: 15th April 2026 Payment date: 23rd April 2026 Dividend yield will be 2.8%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 1.9% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 20Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €0.25 (up from €0.22 in FY 2024). Revenue: €30.5m (up 5.7% from FY 2024). Net income: €4.53m (up 9.4% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.2%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.공시 • 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.새로운 내러티브 • Feb 19Cloud Shift And AI Will Support Steady Margins Despite Competitive And Cost PressuresCatalysts About Lemonsoft Oyj Lemonsoft Oyj provides cloud based ERP and related software solutions for small and medium sized companies, with a focus on manufacturing and wholesale customers. What are the underlying business or industry changes driving this perspective?Price Target Changed • Feb 19Price target decreased by 12% to €6.30Down from €7.15, the current price target is an average from 2 analysts. New target price is 25% above last closing price of €5.04. Stock is down 13% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.22 last year.공시 • 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.분석 기사 • Jan 29A Look At The Intrinsic Value Of Lemonsoft Oyj (HEL:LEMON)Key Insights Lemonsoft Oyj's estimated fair value is €5.31 based on 2 Stage Free Cash Flow to Equity Current share...공시 • Dec 03Lemonsoft Oyj, Annual General Meeting, Apr 14, 2026Lemonsoft Oyj, Annual General Meeting, Apr 14, 2026.공시 • 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, 2026공시 • 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.Major Estimate Revision • Nov 07Consensus EPS estimates increase by 11%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €30.0m to €29.5m. EPS estimate rose from €0.225 to €0.25. Net income forecast to grow 14% next year vs 40% growth forecast for Software industry in Finland. Consensus price target broadly unchanged at €7.20. Share price was steady at €7.06 over the past week.Buy Or Sell Opportunity • Nov 06Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €6.72. The fair value is estimated to be €8.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.Reported Earnings • Nov 02Third quarter 2025 earnings: Revenues miss analyst expectationsThird quarter 2025 results: Revenue: €7.24m (down 1.1% from 3Q 2024). Net income: €1.92m (up 11% from 3Q 2024). Profit margin: 27% (up from 24% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.9%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Finland.분석 기사 • Aug 19Lemonsoft Oyj (HEL:LEMON) Analysts Are Pretty Bullish On The Stock After Recent ResultsHLSE:LEMON 1 Year Share Price vs Fair Value Explore Lemonsoft Oyj's Fair Values from the Community and select yours The...Price Target Changed • Aug 15Price target increased by 9.8% to €7.25Up from €6.60, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €7.48. Stock is up 3.2% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.22 last year.Reported Earnings • Aug 14Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €7.40m (up 5.3% from 2Q 2024). Net income: €544.0k (down 28% from 2Q 2024). Profit margin: 7.4% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 20% per year and the company’s share price has also fallen by 20% per year.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 Finnish stocks, typically moving 5.9% 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. This is currently the only risk that has been identified for the company.Price Target Changed • Jun 12Price target increased by 8.9% to €6.75Up from €6.20, the current price target is an average from 2 analysts. New target price is 6.5% below last closing price of €7.22. Stock is up 19% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.22 last year.Valuation Update With 7 Day Price Move • May 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.40, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 14x in the Software industry in Finland. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.82 per share.분석 기사 • May 28Calculating The Intrinsic Value Of Lemonsoft Oyj (HEL:LEMON)Key Insights The projected fair value for Lemonsoft Oyj is €7.81 based on 2 Stage Free Cash Flow to Equity Current...분석 기사 • May 02Why Lemonsoft Oyj's (HEL:LEMON) Shaky Earnings Are Just The Beginning Of Its ProblemsLemonsoft Oyj's ( HEL:LEMON ) stock showed strength, with investors undeterred by its weak earnings report. While...Buy Or Sell Opportunity • Apr 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.8% to €6.00. The fair value is estimated to be €7.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Reported Earnings • Apr 27First quarter 2025 earnings: Revenues exceed analyst expectationsFirst quarter 2025 results: Revenue: €8.51m (up 23% from 1Q 2024). Net income: €985.0k (up 51% from 1Q 2024). Profit margin: 12% (up from 9.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.5%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Finland.New Risk • Apr 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €89.9m (US$98.5m) 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. This is currently the only risk that has been identified for the company.공시 • 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.분석 기사 • Mar 28Lemonsoft Oyj (HEL:LEMON) Will Pay A Dividend Of €0.14The board of Lemonsoft Oyj ( HEL:LEMON ) has announced that it will pay a dividend of €0.14 per share on the 22nd of...Declared Dividend • Mar 26Dividend of Nkf0.14 announcedShareholders will receive a dividend of Nkf0.14. Ex-date: 10th April 2025 Payment date: 22nd April 2025 Dividend yield will be 2.5%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 23Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: €0.22 (down from €0.29 in FY 2023). Revenue: €28.9m (up 9.7% from FY 2023). Net income: €4.14m (down 22% from FY 2023). Profit margin: 14% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 25% per year.Major Estimate Revision • Feb 27Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €31.1m to €30.2m. EPS estimate also fell from €0.26 per share to €0.215 per share. Net income forecast to shrink 3.5% next year vs 16% growth forecast for Software industry in Finland . Consensus price target down from €6.40 to €6.20. Share price rose 4.3% to €6.05 over the past week.Reported Earnings • Feb 21Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: €0.22 (down from €0.29 in FY 2023). Revenue: €29.0m (up 9.9% from FY 2023). Net income: €4.14m (down 22% from FY 2023). Profit margin: 14% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 24% per year.Price Target Changed • Feb 20Price target decreased by 8.5% to €5.90Down from €6.45, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €5.80. Stock is down 18% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.29 last year.Buy Or Sell Opportunity • Feb 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.7% to €5.80. The fair value is estimated to be €7.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.공시 • 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, 2025공시 • 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.공시 • Nov 13+ 4 more updatesLemonsoft Oyj, Annual General Meeting, Apr 09, 2025Lemonsoft Oyj, Annual General Meeting, Apr 09, 2025.분석 기사 • Nov 08Lemonsoft Oyj Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextAs you might know, Lemonsoft Oyj ( HEL:LEMON ) recently reported its third-quarter numbers. Revenues €7.3m disappointed...Reported Earnings • Nov 05Third quarter 2024 earnings: Revenues miss analyst expectationsThird 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 missed analyst estimates by 2.7%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland.공시 • 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.공시 • 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.공시 • 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.공시 • 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.분석 기사 • Aug 15Lemonsoft Oyj's (HEL:LEMON) Solid Earnings May Rest On Weak FoundationsThe recent earnings posted by Lemonsoft Oyj ( HEL:LEMON ) were solid, but the stock didn't move as much as we expected...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 13% growth forecast for the Software industry in Finland.Price Target Changed • Jul 22Price target increased by 11% to €6.80Up from €6.10, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €6.95. Stock is down 8.6% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.29 last year.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €7.65, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 13x in the Software industry in Finland. Total loss to shareholders of 2.0% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €8.09 per share.Buy Or Sell Opportunity • Jul 01Now 23% undervaluedOver the last 90 days, the stock has risen 5.4% to €6.20. The fair value is estimated to be €8.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last year. Earnings per share has grown by 3.6%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period.Buy Or Sell Opportunity • Jun 19Now 23% undervaluedOver the last 90 days, the stock has risen 3.1% to €6.00. The fair value is estimated to be €7.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last year. Earnings per share has grown by 3.6%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period.공시 • 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.Buy Or Sell Opportunity • May 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to €6.14. The fair value is estimated to be €7.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last year. Earnings per share has grown by 3.6%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period.분석 기사 • Apr 27Earnings Miss: Lemonsoft Oyj Missed EPS By 33% And Analysts Are Revising Their ForecastsLast week, you might have seen that Lemonsoft Oyj ( HEL:LEMON ) released its first-quarter result to the market. The...공시 • 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.Price Target Changed • Apr 26Price target decreased by 9.0% to €6.10Down from €6.70, the current price target is an average from 2 analysts. New target price is 8.9% above last closing price of €5.60. Stock is down 34% over the past year. The company is forecast to post earnings per share of €0.25 for next year compared to €0.29 last year.Reported Earnings • Apr 26First quarter 2024 earnings: Revenues miss analyst expectationsFirst 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 missed analyst estimates by 1.5%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland.공시 • 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 Finnish dividend payers (5.8%). Lower than average of industry peers (2.9%).공시 • 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.분석 기사 • Mar 29Lemonsoft Oyj (HEL:LEMON) Will Pay A Dividend Of €0.14Lemonsoft Oyj ( HEL:LEMON ) will pay a dividend of €0.14 on the 22nd of April. The dividend yield is 2.4% based on this...Reported Earnings • Mar 25Full year 2023 earnings: EPS exceeds analyst expectationsFull 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 was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.4%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland.공시 • 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 20Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.2% to €5.82. The fair value is estimated to be €7.45, 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.분석 기사 • Mar 05Lemonsoft Oyj (HEL:LEMON) Will Pay A Dividend Of €0.14The board of Lemonsoft Oyj ( HEL:LEMON ) has announced that it will pay a dividend on the 18th of April, with investors...Declared Dividend • Feb 21Dividend of €0.14 announcedDividend of €0.14 is the same as last year. Ex-date: 10th April 2024 Payment date: 18th April 2024 Dividend yield will be 2.1%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but not covered by cash flows (107% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Feb 18Price target increased by 12% to €6.70Up from €6.00, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €6.48. Stock is down 27% over the past year. The company is forecast to post earnings per share of €0.28 for next year compared to €0.29 last year.Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull 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 was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.4%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.18, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 9x in the Software industry in Finland. Total loss to shareholders of 2.6% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €8.20 per share.Buy Or Sell Opportunity • Feb 02Now 21% undervaluedOver the last 90 days, the stock has risen 22% to €6.00. The fair value is estimated to be €7.60, 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 15Now 20% undervaluedOver the last 90 days, the stock is up 26%. The fair value is estimated to be €7.60, 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.Buying Opportunity • Dec 31Now 20% undervaluedOver the last 90 days, the stock is up 9.5%. The fair value is estimated to be €7.57, 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.공시 • 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, 2024Buying Opportunity • Dec 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.9%. The fair value is estimated to be €7.15, 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.공시 • 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, 2024분석 기사 • Nov 06Investors Could Be Concerned With Lemonsoft Oyj's (HEL:LEMON) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Major Estimate Revision • Nov 02Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.245 to €0.27. Revenue forecast unchanged at €26.4m. Net income forecast to grow 59% next year vs 12% growth forecast for Software industry in Finland. Consensus price target down from €7.20 to €6.00. Share price fell 4.7% to €4.92 over the past week.Reported Earnings • Oct 28Third quarter 2023 earnings: Revenues in line with analyst expectationsThird 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 was in line with analyst estimates. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland.Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €5.52, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Software industry in Finland. Total loss to shareholders of 51% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €7.33 per share.Valuation Update With 7 Day Price Move • Oct 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €4.80, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Software industry in Finland. Total loss to shareholders of 59% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €6.74 per share.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). Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€92.0m market cap, or US$96.8m).Buying Opportunity • Oct 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 34%. The fair value is estimated to be €6.72, 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 8.7% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.Price Target Changed • Sep 28Price target decreased by 8.3% to €7.20Down from €7.85, the current price target is an average from 2 analysts. New target price is 25% above last closing price of €5.78. Stock is down 44% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.18 last year.Buying Opportunity • Sep 12Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 22%. 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 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.분석 기사 • Aug 17Estimating The Fair Value Of Lemonsoft Oyj (HEL:LEMON)Key Insights Using the 2 Stage Free Cash Flow to Equity, Lemonsoft Oyj fair value estimate is €7.49 Current share price...매출 및 비용 세부 내역Lemonsoft Oyj가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이HLSE:LEMON 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Mar 262951031 Dec 252951030 Sep 253041030 Jun 253041031 Mar 253041031 Dec 242941030 Sep 242951030 Jun 242851031 Mar 242751031 Dec 232651030 Sep 232551030 Jun 232451031 Mar 232351031 Dec 222351030 Sep 222131030 Jun 222031031 Mar 221831031 Dec 211721030 Sep 211630031 Dec 201431031 Dec 191121031 Dec 18921031 Dec 178210양질의 수익: LEMON는 고품질 수익을 보유하고 있습니다.이익 마진 증가: LEMON의 현재 순 이익률 (15.7%)은 지난해 (15.1%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: LEMON의 수익은 지난 5년 동안 연평균 9.1% 증가했습니다.성장 가속화: 지난 1년간 LEMON 의 수익 증가율(3.4%)은 5년 평균(연간 9.1%)보다 낮습니다.수익 대 산업: LEMON의 지난 1년 수익 증가율(3.4%)은 Software 업계 평균(3.4%)을 능가하지 못했습니다.자기자본이익률높은 ROE: LEMON의 자본 수익률(14.7%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 07:53종가2026/05/20 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Lemonsoft Oyj는 5명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Daniel LepistoDanske BankJuha KinnunenInderes OyMarianne PalmuInderes Oy2명의 분석가 더 보기
Reported Earnings • May 02First quarter 2026 earnings: Revenues miss analyst expectationsFirst quarter 2026 results: Revenue: €7.50m (down 1.1% from 1Q 2025). Net income: €1.08m (up 9.3% from 1Q 2025). Profit margin: 14% (up from 13% in 1Q 2025). Revenue missed analyst estimates by 1.3%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Finland.
분석 기사 • Mar 28We Think That There Are Issues Underlying Lemonsoft Oyj's (HEL:LEMON) EarningsLemonsoft Oyj ( HEL:LEMON ) announced strong profits, but the stock was stagnant. We did some digging, and we found...
Reported Earnings • Mar 26Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €0.25 (up from €0.22 in FY 2024). Revenue: €29.5m (up 1.9% from FY 2024). Net income: €4.53m (up 9.4% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.2%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Feb 20Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €0.25 (up from €0.22 in FY 2024). Revenue: €30.5m (up 5.7% from FY 2024). Net income: €4.53m (up 9.4% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.2%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
공시 • 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
Reported Earnings • Nov 02Third quarter 2025 earnings: Revenues miss analyst expectationsThird quarter 2025 results: Revenue: €7.24m (down 1.1% from 3Q 2024). Net income: €1.92m (up 11% from 3Q 2024). Profit margin: 27% (up from 24% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.9%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Finland.
Reported Earnings • May 02First quarter 2026 earnings: Revenues miss analyst expectationsFirst quarter 2026 results: Revenue: €7.50m (down 1.1% from 1Q 2025). Net income: €1.08m (up 9.3% from 1Q 2025). Profit margin: 14% (up from 13% in 1Q 2025). Revenue missed analyst estimates by 1.3%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Finland.
공시 • 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.
Upcoming Dividend • Apr 08Upcoming dividend of €0.14 per shareEligible shareholders must have bought the stock before 15 April 2026. Payment date: 28 April 2026. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Finnish dividend payers (5.4%). Higher than average of industry peers (1.1%).
분석 기사 • Mar 28We Think That There Are Issues Underlying Lemonsoft Oyj's (HEL:LEMON) EarningsLemonsoft Oyj ( HEL:LEMON ) announced strong profits, but the stock was stagnant. We did some digging, and we found...
New Risk • Mar 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 26Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €0.25 (up from €0.22 in FY 2024). Revenue: €29.5m (up 1.9% from FY 2024). Net income: €4.53m (up 9.4% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.2%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Recent Insider Transactions • Mar 15Chairman of Board recently bought €1.7m worth of stockOn the 6th of March, Christoffer Haggblom bought around 356k shares on-market at roughly €4.67 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Christoffer's only on-market trade for the last 12 months.
New Risk • Mar 03New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €82.6m (US$95.8m) 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. This is currently the only risk that has been identified for the company.
Declared Dividend • Feb 22Dividend of €0.14 announcedDividend of €0.14 is the same as last year. Ex-date: 15th April 2026 Payment date: 23rd April 2026 Dividend yield will be 2.8%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 1.9% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 20Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €0.25 (up from €0.22 in FY 2024). Revenue: €30.5m (up 5.7% from FY 2024). Net income: €4.53m (up 9.4% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.2%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
공시 • 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.
새로운 내러티브 • Feb 19Cloud Shift And AI Will Support Steady Margins Despite Competitive And Cost PressuresCatalysts About Lemonsoft Oyj Lemonsoft Oyj provides cloud based ERP and related software solutions for small and medium sized companies, with a focus on manufacturing and wholesale customers. What are the underlying business or industry changes driving this perspective?
Price Target Changed • Feb 19Price target decreased by 12% to €6.30Down from €7.15, the current price target is an average from 2 analysts. New target price is 25% above last closing price of €5.04. Stock is down 13% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.22 last year.
공시 • 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.
분석 기사 • Jan 29A Look At The Intrinsic Value Of Lemonsoft Oyj (HEL:LEMON)Key Insights Lemonsoft Oyj's estimated fair value is €5.31 based on 2 Stage Free Cash Flow to Equity Current share...
공시 • Dec 03Lemonsoft Oyj, Annual General Meeting, Apr 14, 2026Lemonsoft Oyj, Annual General Meeting, Apr 14, 2026.
공시 • 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
공시 • 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.
Major Estimate Revision • Nov 07Consensus EPS estimates increase by 11%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €30.0m to €29.5m. EPS estimate rose from €0.225 to €0.25. Net income forecast to grow 14% next year vs 40% growth forecast for Software industry in Finland. Consensus price target broadly unchanged at €7.20. Share price was steady at €7.06 over the past week.
Buy Or Sell Opportunity • Nov 06Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €6.72. The fair value is estimated to be €8.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
Reported Earnings • Nov 02Third quarter 2025 earnings: Revenues miss analyst expectationsThird quarter 2025 results: Revenue: €7.24m (down 1.1% from 3Q 2024). Net income: €1.92m (up 11% from 3Q 2024). Profit margin: 27% (up from 24% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.9%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Finland.
분석 기사 • Aug 19Lemonsoft Oyj (HEL:LEMON) Analysts Are Pretty Bullish On The Stock After Recent ResultsHLSE:LEMON 1 Year Share Price vs Fair Value Explore Lemonsoft Oyj's Fair Values from the Community and select yours The...
Price Target Changed • Aug 15Price target increased by 9.8% to €7.25Up from €6.60, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €7.48. Stock is up 3.2% over the past year. The company is forecast to post earnings per share of €0.23 for next year compared to €0.22 last year.
Reported Earnings • Aug 14Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €7.40m (up 5.3% from 2Q 2024). Net income: €544.0k (down 28% from 2Q 2024). Profit margin: 7.4% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 20% per year and the company’s share price has also fallen by 20% per year.
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 Finnish stocks, typically moving 5.9% 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. This is currently the only risk that has been identified for the company.
Price Target Changed • Jun 12Price target increased by 8.9% to €6.75Up from €6.20, the current price target is an average from 2 analysts. New target price is 6.5% below last closing price of €7.22. Stock is up 19% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.22 last year.
Valuation Update With 7 Day Price Move • May 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.40, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 14x in the Software industry in Finland. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.82 per share.
분석 기사 • May 28Calculating The Intrinsic Value Of Lemonsoft Oyj (HEL:LEMON)Key Insights The projected fair value for Lemonsoft Oyj is €7.81 based on 2 Stage Free Cash Flow to Equity Current...
분석 기사 • May 02Why Lemonsoft Oyj's (HEL:LEMON) Shaky Earnings Are Just The Beginning Of Its ProblemsLemonsoft Oyj's ( HEL:LEMON ) stock showed strength, with investors undeterred by its weak earnings report. While...
Buy Or Sell Opportunity • Apr 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.8% to €6.00. The fair value is estimated to be €7.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Reported Earnings • Apr 27First quarter 2025 earnings: Revenues exceed analyst expectationsFirst quarter 2025 results: Revenue: €8.51m (up 23% from 1Q 2024). Net income: €985.0k (up 51% from 1Q 2024). Profit margin: 12% (up from 9.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.5%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Finland.
New Risk • Apr 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €89.9m (US$98.5m) 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. This is currently the only risk that has been identified for the company.
공시 • 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.
분석 기사 • Mar 28Lemonsoft Oyj (HEL:LEMON) Will Pay A Dividend Of €0.14The board of Lemonsoft Oyj ( HEL:LEMON ) has announced that it will pay a dividend of €0.14 per share on the 22nd of...
Declared Dividend • Mar 26Dividend of Nkf0.14 announcedShareholders will receive a dividend of Nkf0.14. Ex-date: 10th April 2025 Payment date: 22nd April 2025 Dividend yield will be 2.5%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 23Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: €0.22 (down from €0.29 in FY 2023). Revenue: €28.9m (up 9.7% from FY 2023). Net income: €4.14m (down 22% from FY 2023). Profit margin: 14% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 25% per year.
Major Estimate Revision • Feb 27Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €31.1m to €30.2m. EPS estimate also fell from €0.26 per share to €0.215 per share. Net income forecast to shrink 3.5% next year vs 16% growth forecast for Software industry in Finland . Consensus price target down from €6.40 to €6.20. Share price rose 4.3% to €6.05 over the past week.
Reported Earnings • Feb 21Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: €0.22 (down from €0.29 in FY 2023). Revenue: €29.0m (up 9.9% from FY 2023). Net income: €4.14m (down 22% from FY 2023). Profit margin: 14% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 24% per year.
Price Target Changed • Feb 20Price target decreased by 8.5% to €5.90Down from €6.45, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €5.80. Stock is down 18% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.29 last year.
Buy Or Sell Opportunity • Feb 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.7% to €5.80. The fair value is estimated to be €7.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.
공시 • 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
공시 • 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.
공시 • Nov 13+ 4 more updatesLemonsoft Oyj, Annual General Meeting, Apr 09, 2025Lemonsoft Oyj, Annual General Meeting, Apr 09, 2025.
분석 기사 • Nov 08Lemonsoft Oyj Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextAs you might know, Lemonsoft Oyj ( HEL:LEMON ) recently reported its third-quarter numbers. Revenues €7.3m disappointed...
Reported Earnings • Nov 05Third quarter 2024 earnings: Revenues miss analyst expectationsThird 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 missed analyst estimates by 2.7%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
분석 기사 • Aug 15Lemonsoft Oyj's (HEL:LEMON) Solid Earnings May Rest On Weak FoundationsThe recent earnings posted by Lemonsoft Oyj ( HEL:LEMON ) were solid, but the stock didn't move as much as we expected...
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 13% growth forecast for the Software industry in Finland.
Price Target Changed • Jul 22Price target increased by 11% to €6.80Up from €6.10, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €6.95. Stock is down 8.6% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.29 last year.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €7.65, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 13x in the Software industry in Finland. Total loss to shareholders of 2.0% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €8.09 per share.
Buy Or Sell Opportunity • Jul 01Now 23% undervaluedOver the last 90 days, the stock has risen 5.4% to €6.20. The fair value is estimated to be €8.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last year. Earnings per share has grown by 3.6%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period.
Buy Or Sell Opportunity • Jun 19Now 23% undervaluedOver the last 90 days, the stock has risen 3.1% to €6.00. The fair value is estimated to be €7.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last year. Earnings per share has grown by 3.6%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period.
공시 • 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.
Buy Or Sell Opportunity • May 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to €6.14. The fair value is estimated to be €7.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last year. Earnings per share has grown by 3.6%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period.
분석 기사 • Apr 27Earnings Miss: Lemonsoft Oyj Missed EPS By 33% And Analysts Are Revising Their ForecastsLast week, you might have seen that Lemonsoft Oyj ( HEL:LEMON ) released its first-quarter result to the market. The...
공시 • 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.
Price Target Changed • Apr 26Price target decreased by 9.0% to €6.10Down from €6.70, the current price target is an average from 2 analysts. New target price is 8.9% above last closing price of €5.60. Stock is down 34% over the past year. The company is forecast to post earnings per share of €0.25 for next year compared to €0.29 last year.
Reported Earnings • Apr 26First quarter 2024 earnings: Revenues miss analyst expectationsFirst 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 missed analyst estimates by 1.5%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland.
공시 • 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 Finnish dividend payers (5.8%). Lower than average of industry peers (2.9%).
공시 • 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.
분석 기사 • Mar 29Lemonsoft Oyj (HEL:LEMON) Will Pay A Dividend Of €0.14Lemonsoft Oyj ( HEL:LEMON ) will pay a dividend of €0.14 on the 22nd of April. The dividend yield is 2.4% based on this...
Reported Earnings • Mar 25Full year 2023 earnings: EPS exceeds analyst expectationsFull 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 was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.4%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland.
공시 • 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 20Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.2% to €5.82. The fair value is estimated to be €7.45, 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.
분석 기사 • Mar 05Lemonsoft Oyj (HEL:LEMON) Will Pay A Dividend Of €0.14The board of Lemonsoft Oyj ( HEL:LEMON ) has announced that it will pay a dividend on the 18th of April, with investors...
Declared Dividend • Feb 21Dividend of €0.14 announcedDividend of €0.14 is the same as last year. Ex-date: 10th April 2024 Payment date: 18th April 2024 Dividend yield will be 2.1%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but not covered by cash flows (107% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Feb 18Price target increased by 12% to €6.70Up from €6.00, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €6.48. Stock is down 27% over the past year. The company is forecast to post earnings per share of €0.28 for next year compared to €0.29 last year.
Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull 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 was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.4%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.18, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 9x in the Software industry in Finland. Total loss to shareholders of 2.6% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €8.20 per share.
Buy Or Sell Opportunity • Feb 02Now 21% undervaluedOver the last 90 days, the stock has risen 22% to €6.00. The fair value is estimated to be €7.60, 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 15Now 20% undervaluedOver the last 90 days, the stock is up 26%. The fair value is estimated to be €7.60, 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.
Buying Opportunity • Dec 31Now 20% undervaluedOver the last 90 days, the stock is up 9.5%. The fair value is estimated to be €7.57, 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.
공시 • 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
Buying Opportunity • Dec 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.9%. The fair value is estimated to be €7.15, 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.
공시 • 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
분석 기사 • Nov 06Investors Could Be Concerned With Lemonsoft Oyj's (HEL:LEMON) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Major Estimate Revision • Nov 02Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.245 to €0.27. Revenue forecast unchanged at €26.4m. Net income forecast to grow 59% next year vs 12% growth forecast for Software industry in Finland. Consensus price target down from €7.20 to €6.00. Share price fell 4.7% to €4.92 over the past week.
Reported Earnings • Oct 28Third quarter 2023 earnings: Revenues in line with analyst expectationsThird 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 was in line with analyst estimates. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland.
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €5.52, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Software industry in Finland. Total loss to shareholders of 51% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €7.33 per share.
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €4.80, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Software industry in Finland. Total loss to shareholders of 59% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €6.74 per share.
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). Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€92.0m market cap, or US$96.8m).
Buying Opportunity • Oct 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 34%. The fair value is estimated to be €6.72, 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 8.7% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.
Price Target Changed • Sep 28Price target decreased by 8.3% to €7.20Down from €7.85, the current price target is an average from 2 analysts. New target price is 25% above last closing price of €5.78. Stock is down 44% over the past year. The company is forecast to post earnings per share of €0.24 for next year compared to €0.18 last year.
Buying Opportunity • Sep 12Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 22%. 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 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.
분석 기사 • Aug 17Estimating The Fair Value Of Lemonsoft Oyj (HEL:LEMON)Key Insights Using the 2 Stage Free Cash Flow to Equity, Lemonsoft Oyj fair value estimate is €7.49 Current share price...
