• Forum
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Morning ReviewDaily market recap and key overnight highlights
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • PortfolioInderes model portfolio
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Q&A
  • Terms of service
  • Privacy policy
  • Disclaimer

Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Lemonsoft

4.71 EUR+0.21 %17/7 9:08
1,463 following

LEMON

First North Finland

Software

Technology

Overview
Financials & Estimates
Dividend
Investor consensus
Compare
+0.21 %
-0.84 %
-1.87 %
-20.71 %
-23.04 %
-37.03 %
-39.62 %
-
-69.80 %

Lemonsoft is a Finnish SaaS company that designs, develops and sells ERP software solutions. The company is primarily a service provider of business systems to small and medium-sized businesses. Its customer base consists of companies in industrial manufacturing, wholesale and retail trade, construction and accounting firms. The company operates mainly in Finland.

Read more
Market cap
86.02M EUR
Turnover
471 EUR
P/E (adj.) (26e)
13.2
EV/EBIT (adj.) (26e)
10.62
EV/S (26e)
2.93
Dividend yield-% (26e)
2.97 %
Coverage
Recommendation
Buy
Target price
6.00 EUR
Updated
2026-07-15
Disclaimer
Atte Riikola
Atte Riikola

Analyst

Latest research

Latest analysis report

Released: 2026-07-16

Latest extensive report

Released: 2026-02-20

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
Press releases
ShowingAll content types

Forum discussions
I can’t immediately think of a case where 8% of the share capital would have accepted an offer below the market price It reflects the current SaaS sentiment. Perhaps at least some selling pressure within the ownership base was released through this operation.
5/7/2026, 5:26 AM
by Mikael Rautanen
6
Coincidentally, in 2016, Sampo also acquired 8% of the shares in the mandatory tender offer for Topdanmark, even though the offer included no premium and, if I recall correctly, the share price immediately rose above the offer price.
5/7/2026, 6:03 AM
by Sauli Vilen
5
According to the company, the market outlook is partly brightened by the fact that certain legacy software systems are being replaced at a faster pace than before. The reason for this is that certain software providers have announced that their products’ lifecycles are coming to ...
7/2/2026, 6:53 AM
by Atte Riikola
4
Inderes’s estimate doesn’t include any figures. Has anyone calculated how much value this Finvoicer acquisition destroyed?
23 hours ago
by Korville
3
Arvopaperi – 6 Aug 24 The results of the voluntary takeover offer made by AS Infortar in respect of... Arvopaperi kertoo sijoittajan silmin sen, mitä markkinoilla tapahtuu ja mihin nyt kannattaa sijoittaa. Infortar received over 20% of the shares in Tallink, even though the offered...
5/7/2026, 6:14 AM
by Critter
3
Tomi Joki-Hollanti is Kari Joki-Hollanti’s son. I just hope the biggest shareholders haven’t been up to any shady business with this business transaction…
14 hours ago
2
I have a slightly suspicious feeling about this deal. Did you notice that the entrepreneur behind eCount, the entity acquiring Finvoicer, is Tomi Joki-Hollanti? I wouldn’t be surprised if he is related to Lemonsoft’s founder, Kari Joki-Hollanti. These kinds of deals, where relatives...
20 hours ago
by hiirimatto
2
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
14/8
2026

Interim report Q2'26

5/11
2026

Interim report Q3'26

Lemonsoft: Finvoicer divestment added to estimates
Research2026-07-16 10:28 by
Atte Riikola

Lemonsoft: Finvoicer divestment added to estimates

Overall, the acquisition made about 3 years ago was unsuccessful for Lemonsoft.

Lemonsoft
Regulatory press release2026-07-15 15:46

Lemonsoft lowers its net sales growth forecast for 2026 due to the sale of Finvoicer

Lemonsoft
Press release2026-07-15 15:45

Lemonsoft Oyj to sell Finvoicer Group Oy to eCount Tilitoimistopalvelut Oy

Lemonsoft

Join Inderes community

Don't miss out - create an account and get all the possible benefits

Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools
Create account
Regulatory press release2026-07-14 17:10

Lemonsoft Oyj – Managers’ Transactions – Rite LS SPV AB

Lemonsoft
Regulatory press release2026-07-13 14:40

Lemonsoft Oyj – Managers’ Transactions – Rite LS SPV AB

Lemonsoft
Lemonsoft's growth guidance decreased slightly compared to our expectations
Analyst Comment2026-07-02 07:53 by
Atte Riikola

Lemonsoft's growth guidance decreased slightly compared to our expectations

Lixian's financing arrangement and persistently high customer churn are the key reasons behind the lowered growth guidance.

Lemonsoft
Regulatory press release2026-07-01 15:01

Inside information, profit warning: Lemonsoft lowers net sales growth forecast for 2026, profitability forecast remains unchanged

Lemonsoft
Regulatory press release2026-06-01 10:30

Lemonsoft Oyj – Managers’ Transactions – Lehikoinen

Lemonsoft
Regulatory press release2026-05-29 12:00

Lemonsoft Oyj – Managers’ Transactions – Rite LS SPV AB

Lemonsoft
Regulatory press release2026-05-15 18:00

Lemonsoft Oyj: Flagging notification in accordance with Chapter 9, Section 10 of the Finnish Securities Markets Act

Lemonsoft
Regulatory press release2026-05-15 14:30

Lemonsoft Oyj: Flagging notification in accordance with Chapter 9, Section 10 of the Finnish Securities Markets Act

Lemonsoft
Regulatory press release2026-05-15 14:00

Lemonsoft Oyj – Managers’ Transactions – Optatus Invest Oy

Lemonsoft
Regulatory press release2026-05-15 14:00

Lemonsoft Oyj – Managers’ Transactions – Rite LS SPV AB

Lemonsoft
Regulatory press release2026-05-11 18:00

Resolutions of Lemonsoft Oyj’s constitutive meeting of the Board of Directors

Lemonsoft
Regulatory press release2026-05-08 14:40

Final result of Rite Ventures’ mandatory public tender offer for all issued and outstanding shares in Lemonsoft Oyj

Lemonsoft
Lemonsoft: Rite Ventures' holding will increase by 8.4 percentage points with the tender offer
Analyst Comment2026-05-07 07:51 by
Atte Riikola

Lemonsoft: Rite Ventures' holding will increase by 8.4 percentage points with the tender offer

In our opinion, a surprisingly high number of investors accepted the low tender offer.

Lemonsoft
Regulatory press release2026-05-06 15:45

Preliminary result of Rite Ventures’ mandatory public tender offer for all issued and outstanding shares in Lemonsoft Oyj

Lemonsoft
Regulatory press release2026-05-04 16:30

Lemonsoft Oyj – Managers’ Transactions – CapBoy Oy

Lemonsoft
Regulatory press release2026-05-04 16:30

Lemonsoft Oyj – Managers’ Transactions – Tammi

Lemonsoft
Regulatory press release2026-04-30 12:40

Rite Ventures supplements the tender offer document relating to the mandatory tender offer for all issued and outstanding shares in Lemonsoft Oyj

Lemonsoft