Reported Earnings • Jul 19
First half 2026 earnings released: EPS: €0.049 (vs €0.20 loss in 1H 2025) First half 2026 results: EPS: €0.049 (up from €0.20 loss in 1H 2025). Revenue: €68.5m (down 2.9% from 1H 2025). Net income: €281.0k (up €1.41m from 1H 2025). Profit margin: 0.4% (up from net loss in 1H 2025). The move to profitability was driven by lower expenses. Revenue is forecast to grow 4.1% 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 increased by 19% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Aankondiging • Jul 17
Loihde Oyj Reaffirms Earnings Guidance for the Fiscal Year 2026 Loihde Oyj reaffirmed earnings guidance for the fiscal year 2026. For the year, the company expects the Group's revenue to grow or to be on par with the previous year. Upcoming Dividend • Apr 22
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 29 April 2026. Payment date: 08 May 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.0%. Within top quartile of Finnish dividend payers (5.2%). Higher than average of industry peers (1.1%). Buy Or Sell Opportunity • Apr 16
Now 20% undervalued Over the last 90 days, the stock has risen 22% to €14.10. The fair value is estimated to be €17.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 25% per annum over the same time period. Reported Earnings • Mar 30
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: €0.41 (up from €1.41 loss in FY 2024). Revenue: €144.5m (up 3.4% from FY 2024). Net income: €2.34m (up €10.4m from FY 2024). Profit margin: 1.6% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 141%. Revenue is forecast to grow 4.0% 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 58% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 25
Loihde Oyj Proposes Cash Dividend, Payable on 8 May 2026 The Board of Directors of Loihde Oyj proposed to the AGM that a dividend of EUR 1.00 per share to be paid from the parent company's
distributable funds (EUR 79,026,004.16), of which the parent company's profit for the period is EUR 395,536.08. Based on the situation on the date of the notice, the dividend and additional dividend would correspond to EUR 5,764,662 in total. The dividend is paid to shareholders who on the dividend record date 30 April 2026 are registered in the company's shareholder register held by Euroclear Finland Oy. The Board of Directors proposes that the dividend be paid on 8 May 2026. Declared Dividend • Feb 18
Dividend of €1.00 announced Shareholders will receive a dividend of €1.00. Ex-date: 29th April 2026 Payment date: 8th May 2026 Dividend yield will be 7.9%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not covered by earnings (245% earnings payout ratio). However, it is covered by cash flows (57% cash payout ratio). The dividend has increased by an average of 63% per year over the past 4 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 173% to bring the payout ratio under control. EPS is expected to grow by 96% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Price Target Changed • Feb 16
Price target increased by 11% to €13.20 Up from €11.90, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €12.80. Stock is up 4.1% over the past year. The company is forecast to post earnings per share of €0.70 for next year compared to €0.41 last year. Reported Earnings • Feb 16
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: €0.41 (up from €1.41 loss in FY 2024). Revenue: €144.5m (up 3.4% from FY 2024). Net income: €2.34m (up €10.4m from FY 2024). Profit margin: 1.6% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 141%. Revenue is forecast to grow 4.1% 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 58% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. New Risk • Feb 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (€65.9m market cap, or US$77.7m). Aankondiging • Nov 06
Loihde Oyj (HLSE:LOIHDE) signed an agreement to acquire Blc Turva Oy from Savonlinnan Blc-Osuuskunta for €28 million. Loihde Oyj (HLSE:LOIHDE) signed an agreement to acquire Blc Turva Oy from Savonlinnan Blc-Osuuskunta for €28 million on November 5, 2025. The debt-free purchase price is €28 million, of which approximately €7.5 million will be paid as new shares in Loihde and approximately €20.5 million in cash. The final purchase price will be subject to customary adjustments for net working capital at the time of completion. The share consideration consists of a directed issue of 0.64 million Loihde shares to Savonlinnan BLC-osuuskunta. Following the share issue, Savonlinnan BLC-osuuskunta will become Loihde’s largest shareholder with a holding of approximately 10 per cent, in accordance with Loihde’s current shareholder list. For the cash consideration, Loihde has ensured binding debt financing under standard terms and conditions from Vaasan Osuuspankki. The total amount of the loan is €22 million, and it will be repaid steadily over a period of 10 years from the signing of the loan agreement.
For the period ending December 31, 2024, Blc Turva Oy reported total revenue of €76.8 million and EBITDA of €2 million.
The completion of the transaction is subject to the approval of the Finnish Competition and Consumer Authority, and the planned directed share issue to the Savonlinnan BLC-osuuskunta is conditional on the approval of Loihde Plc’s Extraordinary General Meeting.
Danske Bank A/S, Finland Branch acted as financial advisor for Loihde Oyj. Eversheds Sutherland Finland acted as legal advisor for Loihde Oyj. KPMG Oy Ab acted as financial and tax due diligence provider for Loihde Oyj. Aktia Alexander Corporate Finance Oy acted as financial advisor for Loihde Oyj. Joni Painilainen of PwC Finland, Legal Advisory Arm acted as legal advisor for Savonlinnan Blc-Osuuskunta. Hannu Keränen of PricewaterhouseCoopers Oy acted as accountant for Savonlinnan Blc-Osuuskunta. Reported Earnings • Jul 23
First half 2025 earnings released: €0.20 loss per share (vs €0.11 loss in 1H 2024) First half 2025 results: €0.20 loss per share (further deteriorated from €0.11 loss in 1H 2024). Revenue: €70.5m (up 3.0% from 1H 2024). Net loss: €1.13m (loss widened 75% from 1H 2024). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Finland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. New Risk • Jul 17
New major risk - Revenue and earnings growth Earnings have declined by 57% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€64.5m market cap, or US$74.7m). Upcoming Dividend • May 02
Upcoming dividend of €0.75 per share Eligible shareholders must have bought the stock before 09 May 2025. Payment date: 19 May 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Finnish dividend payers (6.1%). In line with average of industry peers (1.8%). Reported Earnings • Mar 28
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: €1.41 loss per share (further deteriorated from €0.11 loss in FY 2023). Revenue: €139.8m (up 5.3% from FY 2023). Net loss: €8.08m (loss widened €7.46m from FY 2023). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.5% 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, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Board Change • Mar 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Anna-Maria Ronkainen is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Declared Dividend • Mar 19
Dividend reduced to €0.75 Dividend of €0.75 is 25% lower than last year. Ex-date: 9th May 2025 Payment date: 19th May 2025 Dividend yield will be 6.0%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (20% cash payout ratio). The dividend has increased by an average of 18% per year over the past 3 years. However, payments have been volatile during that time. Aankondiging • Mar 18
Loihde Oyj announces Annual dividend, payable on May 19, 2025 Loihde Oyj announced Annual dividend of EUR 0.2300 per share payable on May 19, 2025, ex-date on May 09, 2025 and record date on May 12, 2025. Reported Earnings • Feb 14
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: €1.41 loss per share (further deteriorated from €0.11 loss in FY 2023). Revenue: €140.0m (up 5.5% from FY 2023). Net loss: €8.08m (loss widened €7.46m from FY 2023). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.4% 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, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Aankondiging • Nov 28
Loihde Oyj, Annual General Meeting, May 08, 2025 Loihde Oyj, Annual General Meeting, May 08, 2025. Reported Earnings • Aug 30
First half 2024 earnings released: €0.11 loss per share (vs €0.54 loss in 1H 2023) First half 2024 results: €0.11 loss per share (improved from €0.54 loss in 1H 2023). Revenue: €68.5m (up 4.4% from 1H 2023). Net loss: €644.0k (loss narrowed 79% from 1H 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Finland. Aankondiging • Jul 03
Loihde Oyj (HLSE:LOIHDE) commences an Equity Buyback Plan for 350,000 shares, representing 6.07% of its issued share capital, under the authorization approved on May 7, 2024. Loihde Oyj (HLSE:LOIHDE) commences share repurchases on July 1, 2024, under the program mandated by the shareholders in the Annual General Meeting held on May 7, 2024. As per the mandate, the company is authorized to repurchase up to 350,000 shares, representing 6.07% of its issued share capital. The purchase price will be determined by the share price at the time of acquisition, or by means of a purchase offer to the shareholders. The purpose of the program is to improve the financial structure of the company as part of the company implementation of the incentive scheme or otherwise for further surrender or cancellation. The program is valid until the end of the next annual general meeting, but no later than June 30, 2025. As of March 25, 2024, the company had 5,761,707 shares issued excluding treasury shares and 53,356 treasury shares.
On June 27, 2024, the company announced a share repurchase program. Under the program, the company will repurchase €5 million worth of shares. The shares will be repurchased from company’s distributable unrestricted equity. The repurchases will start from July 1, 2024, at the earliest and ends on March 14, 2025. Aankondiging • May 08
Loihde Oyj Approves Dividend for the Financial Year Ended 31 December 2023, Payable on 17 May 2024 Loihde Oyj at its Annual General Meeting held on 7 May 2024 approved to pay a dividend of EUR 1.00 per share for the financial year ended 31 December 2023. The dividend will be paid to shareholders who on the dividend record date 10 May 2024 are registered in the company's shareholder register held by Euroclear Finland Oy. The dividend will be paid on 17 May 2024. Declared Dividend • Mar 13
Final dividend of €1.00 announced Shareholders will receive a dividend of €1.00. Ex-date: 8th May 2024 Payment date: 17th May 2024 Dividend yield will be 15%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (dividend approximately 49x free cash flows). The dividend has increased by an average of 167% per year over the past 2 years. However, payments have been volatile during that time. Reported Earnings • Mar 03
Full year 2023 earnings released: €0.11 loss per share (vs €0.53 profit in FY 2022) Full year 2023 results: €0.11 loss per share (down from €0.53 profit in FY 2022). Revenue: €133.4m (up 8.0% from FY 2022). Net loss: €620.0k (down 120% from profit in FY 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Independent Director Stefan Wikman 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. Price Target Changed • Nov 06
Price target decreased by 11% to €13.25 Down from €14.90, the current price target is an average from 2 analysts. New target price is 10% above last closing price of €12.00. The company is forecast to post earnings per share of €0.07 for next year compared to €0.53 last year. Aankondiging • Nov 02
Loihde Oyj to Report Fiscal Year 2023 Results on Mar 01, 2024 Loihde Oyj announced that they will report fiscal year 2023 results on Mar 01, 2024 Buying Opportunity • Oct 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.8%. The fair value is estimated to be €15.42, 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 year. Meanwhile, the company became loss making. New Risk • Oct 05
New major risk - Revenue and earnings growth Earnings have declined by 111% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Dividend per share is over 862x cash flows per share. Earnings have declined by 111% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€71.9m market cap, or US$75.6m). Aankondiging • Sep 19
Loihde Oyj (HLSE:LOIHDE) commences an Equity Buyback Plan for 350,000 shares, representing 6.11% of its issued share capital, under the authorization approved on May 4, 2023. Loihde Oyj (HLSE:LOIHDE) commences share repurchases on September 15, 2023, under the program mandated by the shareholders in the Annual General Meeting held on May 4, 2023. As per the mandate, the company is authorized to repurchase up to 350,000 shares, representing 6.11%of its issued share capital. The purchase price will be determined by the share price at the time of acquisition, or by means of a purchase offer to the shareholders. The purpose of the program is to improve the financial structure of the company as part of the company implementation of the incentive scheme or otherwise for further surrender or cancellation. The program is valid until June 30, 2024. As of March 28, 2023, the company had 5,729,709 shares issued excluding treasury shares and 400 treasury shares.
On September 5, 2023, the company announced a share repurchase program. Under the program, the company will repurchase €5 million worth of shares. The shares will be repurchased from company’s distributable unrestricted equity. The repurchases will start from September 15, 2023, at the earliest and ends on April 19, 2024. Reported Earnings • Sep 01
First half 2023 earnings: EPS misses analyst expectations First half 2023 results: €0.54 loss per share (down from €0.008 profit in 1H 2022). Revenue: €65.8m (up 11% from 1H 2022). Net loss: €3.11m (down €3.16m from profit in 1H 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland. Buying Opportunity • Aug 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €15.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has declined by 79%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is also forecast to grow by 24% per annum over the same time period. Price Target Changed • Aug 29
Price target decreased by 10% to €14.15 Down from €15.75, the current price target is an average from 2 analysts. New target price is 14% above last closing price of €12.40. Stock is down 7.5% over the past year. The company is forecast to post earnings per share of €0.32 for next year compared to €0.53 last year. Aankondiging • Aug 23
Loihde Oyj Updates Revenue Guidance for 2023 Loihde Oyj Updated revenue guidance for 2023. In 2023, Loihde expects revenue from the security business to increase more than 10% and revenue from the digital development business to remain at approximately the same level as last year or increase as compared to Previous guidance for 2023, company expects revenue from the security business to increase more than 10% and from the digital development. business to increase more than 10%. Major Estimate Revision • May 04
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €140.6m to €138.3m. EPS estimate also fell from €0.69 per share to €0.59 per share. Net income forecast to grow 12% next year vs 16% growth forecast for Software industry in Finland. Consensus price target down from €15.75 to €15.00. Share price fell 2.7% to €16.35 over the past week. Upcoming Dividend • Apr 28
Upcoming dividend of €0.80 per share at 12% yield Eligible shareholders must have bought the stock before 05 May 2023. Payment date: 16 May 2023. Payout ratio is a comfortable 28% and the cash payout ratio is 81%. Trailing yield: 12%. Within top quartile of Finnish dividend payers (5.1%). Higher than average of industry peers (3.2%). Price Target Changed • Mar 06
Price target increased by 11% to €15.00 Up from €13.50, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €15.00. The company is forecast to post earnings per share of €0.59 for next year compared to €0.58 last year. Reported Earnings • Mar 04
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: €0.58 (up from €0.10 in FY 2021). Revenue: €127.8m (up 18% from FY 2021). Net income: €3.05m (up 406% from FY 2021). Profit margin: 2.4% (up from 0.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Aankondiging • Jan 17
Loihde Plc Raises Earnings Guidance for the Year 2022 Loihde Plc raised earnings guidance for the year 2022. For the year, the company expects revenue from continuing operations in the security business to grow approximately 18% and revenue from continuing operations in digital development to grow more rapidly than in the previous year, or more than 13%. Aankondiging • Dec 02
Loihde Oyj (HLSE:LOIHDE) completed the acquisition of Onrego Oy from Roaring Aspen Hill Oy. Loihde Oyj (HLSE:LOIHDE) agreed to acquire Onrego Oy from Roaring Aspen Hill Oy for €4.9 million on November 1, 2022. Under the terms, €4.3 million will be paid in cash. In addition, the parties have agreed on a reinvestment by Roaring Aspen Hill of €0.6 million. A directed share issue against payment to Roaring Aspen Hill, in which a maximum of 50,000 new shares in Loihde may be issued at €11.99 per share. For the year ended December 2021, Revenue was €7.1 million and EBITDA was €0.5 million. The planned implementation date of the acquisition is December 1, 2022.
Loihde Oyj (HLSE:LOIHDE) completed the acquisition of Onrego Oy from Roaring Aspen Hill Oy on December 1, 2022. Price Target Changed • Oct 07
Price target decreased to €13.50 Down from €15.00, the current price target is provided by 1 analyst. New target price is 19% above last closing price of €11.35. Stock is down 49% over the past year. The company is forecast to post a net loss per share of €0.32 compared to earnings per share of €0.10 last year. Reported Earnings • Sep 02
First half 2022 earnings: EPS misses analyst expectations First half 2022 results: EPS: €0.008 (down from €0.51 in 1H 2021). Revenue: €59.1m (up 13% from 1H 2021). Net income: €50.0k (down 98% from 1H 2021). Profit margin: 0.1% (down from 5.6% in 1H 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 13% growth forecast for the Software industry in Finland. Major Estimate Revision • Aug 31
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €128.0m to €124.0m. Now expected to report a loss of €0.22 per share instead of €0.09 per share profit previously forecast. Software industry in Finland expected to see average net income growth of 37% next year. Consensus price target of €15.00 unchanged from last update. Share price rose 5.4% to €12.60 over the past week. Aankondiging • Aug 31
Loihde plc Updates Revenue Outlook for 2022 In 2022, Loihde plc expected revenue from continuing operations in the security business to grow approximately 15% and revenue from continuing operations in digital development to grow more rapidly than in the previous year, or more than 13%. Major Estimate Revision • May 25
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €119.2m to €128.0m. EPS estimate fell from €0.10 to €0.09 per share. Net income forecast to shrink 17% next year vs 38% growth forecast for Software industry in Finland . Consensus price target down from €16.00 to €15.00. Share price fell 3.6% to €13.55 over the past week. Aankondiging • May 24
Loihde Oyj (HLSE:LOIHDE) signed an agreement to acquire Turvakolmio Oy from Helmet Business Mentors Oy and others for €6.85 million. Loihde Oyj (HLSE:LOIHDE) signed an agreement to acquire Turvakolmio Oy from Helmet Business Mentors Oy and others for €6.85 million on May 23, 2022. Consideration amount is paid entirely in cash. In 2021, the company’s revenue amounted to €14.4 million and the company’s EBITDA was €0.6 million. The planned implementation date of the acquisition is 1 June 2022. The acquisition is expected to have a positive effect on Loihde’s revenue and adjusted EBITDA for 2022. Major Estimate Revision • May 11
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €117.0m to €119.2m. EPS estimate fell from €0.17 to €0.10 per share. Net income forecast to shrink 0.5% next year vs 38% growth forecast for Software industry in Finland . Consensus price target of €16.00 unchanged from last update. Share price fell 8.2% to €14.50 over the past week. Upcoming Dividend • Apr 29
Upcoming dividend of €0.55 per share Eligible shareholders must have bought the stock before 06 May 2022. Payment date: 17 May 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 0.9%. Lower than top quartile of Finnish dividend payers (4.6%). Lower than average of industry peers (2.2%). Reported Earnings • Mar 06
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €0.10 (up from €0.75 loss in FY 2020). Revenue: €108.6m (up 1.2% from FY 2020). Net income: €603.0k (up €4.78m from FY 2020). Profit margin: 0.6% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 6.8%, compared to a 27% growth forecast for the industry in Finland. Aankondiging • Jan 12
Loihde Oyj (HLSE:LOIHDE) commences an Equity Buyback Plan for 230,000 shares, representing 3.97% of its issued share capital, under the authorization approved on May 6, 2021. Loihde Oyj (HLSE:LOIHDE) commences share repurchases on January 10, 2022, under the program mandated by the shareholders in the Annual General Meeting held on May 6, 2021. As per the mandate, the company is authorized to repurchase up to 230,000 shares, representing 3.97%of its issued share capital. The purpose of the program is to improve the financial structure of the company as part of the company implementation of the incentive scheme or otherwise for further surrender or cancellation. The program is valid until June 30, 2022. As of April 14, 2021, the company had 5,789,724 shares issued excluding treasury shares and 80,530 treasury shares.
On January 4, 2022, the company announced a share repurchase program. Under the program, the company will repurchase €5 million worth of shares. The acquisition of the company’s own shares is paid for with the company’s distributable unrestricted equity. The purpose of acquiring the company’s own shares is to develop the company’s financing structure by lowering its equity and using the shares as part of the company’s share-based incentive schemes. The acquisition of the company’s own shares starts on January 10, 2022 at the earliest and ends on May 4, 2022 at the latest. 
