Reported Earnings • Feb 16
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: €0.054 loss per share (further deteriorated from €0.005 loss in FY 2024). Revenue: €5.62m (down 15% from FY 2024). Net loss: €1.05m (loss widened €968.0k from FY 2024). Revenue missed analyst estimates by 9.4%. Earnings per share (EPS) also missed analyst estimates by 35%. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Feb 16
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€1.3m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€1.3m). Market cap is less than US$100m (€11.7m market cap, or US$13.9m). Buy Or Sell Opportunity • Jan 28
Now 24% undervalued Over the last 90 days, the stock has risen 78% to €0.90. The fair value is estimated to be €1.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.3% over the last 3 years. Earnings per share has grown by 86%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 84% in the next 2 years. Buy Or Sell Opportunity • Jan 14
Now 22% undervalued Over the last 90 days, the stock has risen 55% to €0.91. The fair value is estimated to be €1.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.3% over the last 3 years. Earnings per share has grown by 86%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 84% in the next 2 years. Buy Or Sell Opportunity • Dec 01
Now 24% undervalued Over the last 90 days, the stock has risen 61% to €0.94. The fair value is estimated to be €1.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.3% over the last 3 years. Earnings per share has grown by 86%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 84% in the next 2 years. Price Target Changed • Nov 21
Price target decreased by 19% to €0.58 Down from €0.72, the current price target is provided by 1 analyst. New target price is 17% below last closing price of €0.70. Stock is up 23% over the past year. The company is forecast to post a net loss per share of €0.04 next year compared to a net loss per share of €0.0046 last year. Reported Earnings • Jul 20
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: €0.023 loss per share (further deteriorated from €0.005 loss in 2Q 2024). Revenue: €1.38m (down 6.2% from 2Q 2024). Net loss: €454.0k (loss widened 422% from 2Q 2024). Revenue missed analyst estimates by 7.9%. Earnings per share (EPS) also missed analyst estimates by 130%. Revenue is forecast to grow 8.6% 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, earnings per share has increased by 81% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Aankondiging • Jun 19
QPR Software Oyj Elects Maija Hovila as A Director QPR Software Plc at its AGM held on June 18, 2025, elected Maija Hovila elected as a new member of the Board of Directors. Reported Earnings • Apr 07
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: €0.005 loss per share (improved from €0.055 loss in FY 2023). Revenue: €6.61m (down 12% from FY 2023). Net loss: €82.0k (loss narrowed 91% from FY 2023). Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 7.6% 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 increased by 58% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Major Estimate Revision • Feb 19
Consensus EPS estimates fall from profit to €0.02 loss, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €6.50m to €6.90m. Now expected to report loss of -€0.02 instead of €0.01 per share profit. Software industry in Finland expected to see average net income growth of 16% next year. Consensus price target up from €0.50 to €0.70. Share price rose 6.5% to €1.14 over the past week. Aankondiging • Oct 28
QPR Software Oyj, Annual General Meeting, Jun 18, 2025 QPR Software Oyj, Annual General Meeting, Jun 18, 2025. Reported Earnings • Oct 25
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: €0.002 loss per share (in line with 3Q 2023). Revenue: €1.41m (down 22% from 3Q 2023). Net loss: €33.0k (loss narrowed 11% from 3Q 2023). Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Finland. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. New Risk • Aug 04
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€436k This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€436k). Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (€10.1m market cap, or US$11.0m). Aankondiging • Aug 02
QPR Software Oyj Reaffirms Earnings Guidance for the Financial Year 2024 QPR Software Oyj reaffirmed earnings guidance for the financial year 2024. QPR expects the growth of SaaS net sales to be double-digit and estimates that the entire software net sales will grow in 2024 (2023: EUR 5,122,000). The company expects the operating result to improve significantly in the financial year 2024. Aankondiging • Jul 22
Qpr Software plc Appoints Taru Mäkinen as Chief Financial Officer QPR Software Plc has appointed Taru Mäkinen (born 1975, Master of Science in Economics and Business Administration) as its new Chief Financial Officer. Mäkinen will start in her role and as a member of the executive management team in October. The current CFO, Mervi Kerkelä-Hiltunen, will transition to new opportunities outside the company. Mäkinen brings over 20 years of diverse experience in various leadership roles in financial management. Most recently, she served as the CFO of Casambi Technologies Oy and previously at Efecte Plc. Aankondiging • Jul 11
QPR Software plc Announces Resignation of Mervi Kerkelä-Hiltunen as Chief Financial Officer QPR Software Plc's CFO Mervi Kerkelä-Hiltunen has resigned and will continue her career outside the company. Kerkelä-Hiltunen will remain as CFO of QPR Software until early October 2024. The company will immediately initiate the process to appoint Kerkelä-Hiltunen's successor. Aankondiging • May 16
QPR Software Plc Appoints Linda Von Schantz as Member of the Board of Directors QPR Software Plc announced that at the Annual General Meeting held on May 15, 2024 Linda von Schantz was elected as a new member of the Board of Directors. Reported Earnings • Apr 19
First quarter 2024 earnings released: EPS: €0.001 (vs €0.017 loss in 1Q 2023) First quarter 2024 results: EPS: €0.001 (up from €0.017 loss in 1Q 2023). Revenue: €1.77m (down 21% from 1Q 2023). Net income: €13.0k (up €282.0k from 1Q 2023). Profit margin: 0.7% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. 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 5% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Aankondiging • Apr 19
QPR Software Oyj Reaffirms Earnings Guidance for the Year 2024 QPR Software Oyj reaffirmed earnings guidance for the year 2024. The company expects the growth of SaaS net sales to be double-digit and estimates that the entire software net sales will grow in 2024 (2023: EUR 5,122,000). The company expects the operating result to improve significantly in the financial year 2024. Reported Earnings • Feb 18
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: €0.055 loss per share (improved from €0.20 loss in FY 2022). Revenue: €7.55m (down 3.5% from FY 2022). Net loss: €924.0k (loss narrowed 68% from FY 2022). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 83%. Revenue is forecast to grow 5.4% 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, earnings per share has fallen by 21% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings. Aankondiging • Feb 16
QPR Software Oyj Provides Sales Guidance for the Year 2024 QPR Software Oyj provided sales guidance for the year 2024. Supported by the current contract base and the projected growth of SaaS (Software as a Service) net sales, QPR expects the growth of SaaS net sales to be double-digit and estimates that the entire software net sales will grow in 2024 (2023: EUR 5,122,000). Aankondiging • Nov 30
QPR Software Oyj Announces No Re-Election of Matti Heikkonen as Board Member QPR Software Oyj announced Current Board member Matti Heikkonen has informed the Nomination Board that he is no longer available for re-election. Major Estimate Revision • Oct 27
Consensus EPS estimates upgraded to €0.03 loss, revenue downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €8.00m to €7.80m. 2023 losses expected to reduce from -€0.04 to -€0.03 per share. Software industry in Finland expected to see average net income growth of 16% next year. Consensus price target of €0.42 unchanged from last update. Share price fell 9.5% to €0.40 over the past week. Reported Earnings • Oct 22
Third quarter 2023 earnings: EPS exceeds analyst expectations Third quarter 2023 results: €0.002 loss per share (improved from €0.069 loss in 3Q 2022). Revenue: €1.81m (up 23% from 3Q 2022). Net loss: €37.0k (loss narrowed 97% from 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 80%. 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. Over the last 3 years on average, earnings per share has fallen by 36% per year whereas the company’s share price has fallen by 38% per year. Aankondiging • Oct 16
QPR Software Oyj Updates Earnings Guidance for the Year 2023 QPR Software Oyj provided earnings guidance for the year 2023. Supported by the current contract base and the projected growth of SaaS (Software as a Service) turnover, QPR expects the growth of SaaS turnover to be more than 35% and estimates that the entire turnover will remain at the same level as in 2022 (2022: EUR 7,823 thousand) against previous outlook of Supported by the current contract base and the projected growth of SaaS (Software as a Service) net sales, QPR expects the growth of SaaS net sales to be more than 35% and estimates that the entire net sales increase in 2023 (2022: EUR 7,823 thousand). Aankondiging • Aug 23
QPR Software Oyj has completed a Follow-on Equity Offering in the amount of €0.7963 million. QPR Software Oyj has completed a Follow-on Equity Offering in the amount of €0.7963 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 1,719,871
Price\Range: €0.463
Transaction Features: Rights Offering Board Change • Aug 09
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Antti Koskela is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jul 23
QPR Software Oyj Provides Financial Guidance for the Year 2023 QPR Software Oyj announced that supported by the current contract base and the projected growth of SaaS (Software as a Service) net sales, QPR expects the growth of SaaS net sales to be more than 35% and estimates that the entire net sales increase in 2023 (2022: EUR 7,823,000). Aankondiging • Jun 28
QPR Software Plc Announces Executive Changes QPR Software Plc and Chief Revenue Officer Eric Allart have decided that he will leave his position in the company. Allart's work obligation with the company has ended with immediate effect. CEO Heikki Veijola is currently serving as the company's interim Chief Revenue Officer. Aankondiging • May 09
QPR Software Plc Starts Change Negotiations to Adapt the Company's Operations and Improving its Profitability On May 9, 2023, QPR Software Plc will submit a negotiation proposal per the Act on Cooperation to start change negotiations to adapt its operations and cost structure and improve the business's profitability. According to preliminary estimates, the measures that may be implemented after the change negotiations could lead to personnel temporary layoffs for a maximum of 90 days and, in addition, to the termination of a maximum of nine (9) positions. The scope of the negotiations includes the company's entire personnel, in all its offices, a total of 65 people. The year 2023 has generally started in an uncertain market situation. Regarding acquiring new customers, the general economic uncertainty has clearly postponed customers' decisions and the start of new tenders. In the current market situation, the company's room for maneuver is tight in terms of cash resources and equity ratio, while operations are still loss-making. The company is actively taking measures to reach the guidance given for the financial year 2023. The company has already taken cost-saving measures to improve cost efficiency and minimize the effects of the general increase in cost levels in all areas of its business. In change negotiations, the company deals with measures to adapt the company's operation, structure, and related personnel costs to meet the requirements of a scalable business model. The negotiations will start on May 15, 2023, and last two (2) weeks following the Act on Cooperation. Reported Earnings • May 04
First quarter 2023 earnings: EPS and revenues exceed analyst expectations First quarter 2023 results: €0.017 loss per share (improved from €0.032 loss in 1Q 2022). Revenue: €2.24m (up 1.6% from 1Q 2022). Net loss: €269.0k (loss narrowed 29% from 1Q 2022). Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 14% 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 30 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 12
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: €0.20 loss per share (further deteriorated from €0.11 loss in FY 2021). Revenue: €7.83m (down 14% from FY 2021). Net loss: €2.87m (loss widened 112% from FY 2021). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 35%. Revenue is forecast to grow 5.4% 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 38 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 11
QPR Software Oyj Provides Earnings Guidance for the Year 2022 QPR Software Oyj provided earnings guidance for the year 2022. The company expects the SaaS revenue growth to be above 35% and estimates its net sales to increase (2022: EUR 7,823,000) in 2023. Aankondiging • Jan 25
QPR Software plc Announces Management Changes Teemu Lehto (D.Sc. Tech.) has been appointed as Vice President, Consulting business for QPR Software Plc's and a member of the executive management team starting from March 1, 2023. Lehto has previously worked in the company's management and expert positions for more than twenty years. Lehto will replace Samuel Rinnetmäki in the position, who will move to new positions outside the company. Aankondiging • Jan 03
QPR Software plc Announces CEO Changes QPR Software Plc’s Board of Directors has appointed Heikki Veijola (born 1970) as the company's new CEO. Veijola will start in the position no later than March 1, 2023. He succeeds Jussi Vasama, who will continue as the company's CEO until the start of Veijola and the transfer of duties. Veijola has a master's degree in economics (M.Sc., Turku School of Economics and Business Administration) majoring in international marketing. Veijola has most recently served as Enreach Oy’s Director of Strategic Partnerships and a member of the executive management team, being responsible for business operations in the Microsoft and Salesforce ecosystems as well as for cooperation with system integrators, consultants, and other strategic partnerships, especially in Northern Europe. Before this, Veijola was the Sales Director of Enreach Oy. Veijola has strong experience in building and renewing sales, international growth, partner ecosystems, and cloud- and SaaS businesses. During his career, Veijola has also worked for 11 years in Salomaa Group as a CEO of KASKI Agency, and Adsek Oy. Aankondiging • Dec 20
QPR Software Announces Resignation of Jussi Vasama as CEO, Effective April 18, 2023 QPR Software Plc’s CEO Jussi Vasama has announced his resignation in order to assume a new position outside of QPR. Vasama will continue in his position until April 18, 2023. The company's Board of Directors will immediately initiate measures to hire a new CEO. Price Target Changed • Nov 16
Price target decreased to €0.70 Down from €1.10, the current price target is provided by 1 analyst. New target price is 17% above last closing price of €0.60. Stock is down 64% over the past year. The company is forecast to post a net loss per share of €0.10 next year compared to a net loss per share of €0.11 last year. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Antti Koskela is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 26
QPR Software Appoints Nomination Committee for 2022 On April 6, 2022, QPR Software's general meeting decided on the establishment of the shareholders' nomination committee. Roger Kempe, Erkki Myllärniemi, and Eero Leskinen have been appointed to the nomination committee of QPR's shareholders. Reported Earnings • Oct 22
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: €0.069 loss per share (further deteriorated from €0.014 loss in 3Q 2021). Revenue: €1.47m (down 28% from 3Q 2021). Net loss: €1.11m (loss widened €946.0k from 3Q 2021). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 8.7% 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 47 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 21
QPR Software Oyj Provides Earnings Guidance for the Year 2022 QPR Software Oyj provided earnings guidance for the year 2022. The company expects revenue and operating profit to be substantially below the reported figures for 2021 (turnover in 2021: €9,140,000, operating profit in 2021: €1.248 million) and SaaS revenue to grow by 25-35% compared to 2021 (2021: €1.283 million). Based on the increased sales offer base, continuous customer revenues, and consulting booking rate, QPR Software estimates that its turnover will increase in 2022 (2021: €9.140 million) supported by the growth of SaaS turnover. Aankondiging • Oct 13
QPR Software Showcases A New Market-Aligned Process Mining Solution At Snowflake’s Data Cloud World Tour QPR Software announced that its process mining solution – capable of analyzing massive amounts of business process data in the blink of an eye – will be demonstrated during Snowflake’s Data Cloud World Tour. QPR will be participating in the EMEA events in Paris 13th and in Stockholm 20th of October to show the world what the new era of process mining means. In May 2022, QPR Software released a process mining solution for large companies with complex business processes and massive data sets. By combining QPR and Snowflake technologies, vast amounts of business-critical data can be analyzed faster, safer, and more cost-effectively than before. In the competitive process mining market, QPR’s new solution also stands out as the only future-proof process mining solution capable of supporting the entire enterprise – no matter the size of the business and the complexity of its processes. It is the first and only process mining solution in the market to run natively on the Snowflake Data Cloud.??? Running process mining within the Snowflake Data Cloud also brings other benefits for the process owners and end users, as other vendors in the process mining market require users to store their data in the vendor’s system, often taking a toll on client company data governance policies. The Data Cloud World Tour is making 19 stops around the globe, so organizations can learn about the latest innovations in Snowflake’s Data Cloud. The tour is all about exploring how organizations can use and collaborate with data in ways unimaginable just a few years ago. The Data Cloud World Tour is an opportunity to discover, learn, and experience how Snowflake’s Data Cloud can take organizations and careers to new frontiers. Aankondiging • Sep 08
QPR Software Oyj Provides Earnings Guidance for the Year 2022 QPR Software Oyj provided earnings guidance for the year 2022. The company expects revenue and operating profit to be substantially below the reported figures for 2021 (turnover in 2021: 9,140 thousand euros, operating profit in 2021: -1,248 thousand euros) and SaaS revenue to grow by 25%-35% compared to 2021 (2021: 1,283 thousand euros). Based on the increased sales offer base, continuous customer revenues, and consulting booking rate, QPR Software estimates that its turnover will increase in 2022 (2021: 9,140 thousand euros) supported by the growth of SaaS turnover. Reported Earnings • Aug 04
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: €0.039 loss per share (down from €0.019 loss in 2Q 2021). Revenue: €2.01m (down 5.9% from 2Q 2021). Net loss: €629.0k (loss widened 172% from 2Q 2021). Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 30%. Over the next year, revenue is forecast to grow 15%, compared to a 12% growth forecast for the industry in Finland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 04
Qpr Software Oyj Provides Turnover Guidance for 2022 QPR Software Oyj provided turnover guidance for 2022. For the year the company estimates that its turnover will increase in 2022 (2021: EUR 9,140 thousand) supported by the growth of SaaS turnover. Aankondiging • Jun 14
QPR Software Oyj has completed a Follow-on Equity Offering in the amount of €3.448994 million. QPR Software Oyj has completed a Follow-on Equity Offering in the amount of €3.448994 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 4,010,458
Price\Range: €0.86
Transaction Features: Rights Offering Aankondiging • May 19
QPR Software Plc Announces Management Appointments QPR Software Plc announced that Eric Allart has been appointed as Chief Revenue Officer of the company to be responsible for global direct sales effective June 1, 2022. Johanna Lähde will start as Director, Head of People & Culture on August 1, 2022, and will be responsible for developing the company's operating culture and personnel. Strengthening the management team with two new roles, with strong professionals in their respective areas of expertise, will support the implementation of QPR's new growth strategy. Eric Allart has previously worked for Signavio and IBM among others. Johanna Lähde will join QPR from Sofigate. She has a strong track record of successful human resource management in growth companies as well as business transformation. Aankondiging • May 12
Qpr Software Oyj Develops Process Mining Data Bank for Public Administration Use QPR Software Oyj has developed a Process Mining Data Bank, which can enable public administration organizations to easily use process mining solutions to streamline their own operations. QPR will be presenting the Process Mining Data Bank, based on its own QPR ProcessAnalyzer software, at the Valtio Expo event on May 10th. Process mining enables organizations to develop their processes, and thereby the functionality, efficiency, and reliability of their services. The activities of public administration are mainly focused on providing various services to citizens. Organizations such as municipalities and government agencies, are under constant financial pressure, so leveraging digitalization and automation will enable them to provide these services more efficiently and to a higher quality. With the aid of process mining technology, organizations can measure and improve the efficiency, quality, and level of automation in their processes. QPR has a long tradition providing SaaS-services, as well as, working in partnership with municipalities and the state to provide solution and expert services. In Finland, the goal of public administration is to be a pioneer in digitalization, but decision-making in large-scale IT projects can be time-consuming. This is why QPR opted to focus on customer needs, whilst developing The Process Mining Bank – a cloud-based service, and has created an easy-to-implement system that does not require large investments. The deployment threshold is thus very low, and the advancing of projects is rapid. Simultaneously, the system allows different actors in a common development environment to work together and share best practices. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: €0.032 loss per share (down from €0.014 profit in 1Q 2021). Revenue: €2.20m (down 24% from 1Q 2021). Net loss: €380.0k (down 324% from profit in 1Q 2021). Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 60%. Over the next year, revenue is forecast to grow 12%, compared to a 25% growth forecast for the industry in Finland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Antti Koskela is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 23
QPR Software Oyj Provides Sales Guidance for the First Quarter and Full-Year 2022 QPR Software Oyj provided sales guidance for the first quarter and full-year 2022. The company expects its net sales to grow in 2022 (2021: EUR 9,140,000) supported by growth in SaaS revenue. However, due to a single software license deal of about EUR 0.5 million rized in the first quarter of 2021, the company expects the first-quarter net sales and results of 2022 to fall short when compared year on year. Aankondiging • Apr 22
Qpr Software Oyj Provides Earnings Outlook for the First Quarter and Year 2022 QPR Software Oyj provided earnings outlook for the first quarter and year 2022. For the quarter, net sales to fall short when compared year on yearFor the year, the company expects its net sales to grow in 2022 (2021: EUR 9,140 thousand) supported by growth in SaaS revenue. Reported Earnings • Mar 18
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: €0.11 loss per share (down from €0.068 loss in FY 2020). Revenue: €9.14m (up 1.9% from FY 2020). Net loss: €1.36m (loss widened 67% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: €0.11 loss per share (down from €0.068 loss in FY 2020). Revenue: €9.14m (up 1.9% from FY 2020). Net loss: €1.36m (loss widened 67% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 17
QPR Software Oyj to Report Fiscal Year 2021 Results on Mar 04, 2022 QPR Software Oyj announced that they will report fiscal year 2021 results on Mar 04, 2022 Aankondiging • Feb 16
QPR Software Plc Provides Sales Guidance for the First Quarter and Year 2022 QPR Software Plc provided sales guidance for the first quarter and year 2022. Based on the growing number of outstanding offers, recurring customer revenue, and consulting booking levels, QPR expects its net sales to grow in 2022 (2021: EUR 9,140,000) supported by strong growth in SaaS revenue.Due to a one-time software license transaction worth approximately EUR 0.5 million recognized in the first quarter of 2020, the company expects the first quarter net sales and results to fall short of the comparison period. Aankondiging • Feb 15
QPR Software Plc Provides Earnings Guidance for 2021 QPR Software Plc provided earnings guidance for 2021. The company estimates net sales to remain on the same level. Operating result to be on a lower level than in the previous year. Aankondiging • Feb 07
Qpr Software plc Announces Executive Changes QPR Software Plc appointed Sanna Salo as Chief Marketing Officer and a member of the Executive Management Team at QPR Software Plc effective February 7, 2022. Sanna Salo has previously worked as Director of Marketing and Communications for the B2B digital marketing solutions provider, Fonecta Oy. Samuel Rinnetmäki (Master of Engineering) has been appointed the Director of Consulting and a member of the Executive Management Team at QPR Software Plc effective February 7, 2022. Samuel Rinnetmäki has previously worked for the company’s consulting business as a subject matter expert and manager for several years. Reported Earnings • Oct 27
Third quarter 2021 earnings released: €0.014 loss per share (vs €0.029 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: €2.04m (up 13% from 3Q 2020). Net loss: €165.0k (loss narrowed 52% from 3Q 2020). 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. Executive Departure • Oct 07
Chairman of the Executive Management Team & CEO Jari Jaakkola has left the company On the 30th of September, Jari Jaakkola's tenure as Chairman of the Executive Management Team & CEO of the company ended after 13.8 years in the role. Jari still personally held 248.00k shares (€506k worth) as of June 2021. This is 2.1% of the company. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 3.67 years. Under Jari's leadership, the company delivered a total shareholder return of 208%. Aankondiging • Aug 06
QPR Software Oyj Provides Earnings Guidance for the Year 2021 QPR Software Oyj provided earnings guidance for the year 2021. For the year, the company expects Based on actual sales performance in 2021 and current sales funnel, QPR expects net sales to grow in 2021 (2020: EUR 8,971,000). Reported Earnings • Aug 05
Second quarter 2021 earnings released: €0.019 loss per share (vs €0.027 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €2.14m (up 4.8% from 2Q 2020). Net loss: €231.0k (loss narrowed 28% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Apr 26
First quarter 2021 earnings released: EPS €0.014 (vs €0.001 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €2.90m (up 4.1% from 1Q 2020). Net income: €170.0k (up €159.0k from 1Q 2020). Profit margin: 5.9% (up from 0.4% in 1Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Aankondiging • Apr 25
QPR Software Oyj Provides Earnings Guidance for the Year 2021 QPR Software Oyj provided earnings guidance for the year 2021. Based on actual sales performance in early 2021 and current sales funnel, the company expects net sales to grow in 2021 (2020: EUR 8,971,000). Despite the planned increase in costs, the company estimates EBITDA and operating result to improve compared to 2020. Executive Departure • Apr 01
Independent Director has left the company On the 25th of March, Topi Piela's tenure as Independent Director ended after 9.0 years in the role. As of December 2020, Topi personally held only 1.05k shares (€2.4k worth at the time). A total of 4 executives have left over the last 12 months. Executive Departure • Mar 31
Independent Director has left the company On the 25th of March, Salla Vainio's tenure as Independent Director ended after 2.0 years in the role. We don't have any record of a personal shareholding under Salla's name. A total of 4 executives have left over the last 12 months.