contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


talenom-international-recipe-tested-next-few-years

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Juha Kinnunen

Talenom is an accounting firm that offers a wide range of services within accounting, invoice management and payroll. In addition to the main business, financial analysis and the possibility of real-time control via the company's web services are offered. The largest proportion of customers are found among small and medium-sized corporate customers in the Nordic market. The company was founded in 1972 and has its headquarters in Oulu.

Inderes              Talenom julkaisee jatkuvien toimintojen vertailutietoja vuosilta 2024 ja 2025...    Talenom Oyj, Pörssitiedote 10.3.2026 klo 19.00Talenom julkaisee jatkuvien toimintojen vertailutietoja vuosilta 2024 ja 2025Talenom Oyj tiedotti 24.10.2025 Talenomin osittaisjakautumista koskevan...                              Additionally, the Group has classified the Italian accounting business as a discontinued operation, as the company has made the decision to terminate said business, and the operations are considered to be ceasing in their entirety.  Italy buried for good; I don’t recall seeing info on this before, but expected news after the radio silence.

Here are Juha’s preview comments as the company reports its results on Wednesday.  Talenom will publish its 2025 financial statement release on Wednesday, March 11, 2026, at approximately 9:00 am, and the company’s results presentation can be followed here starting at 9:30 am. This is the first report following the separation of the Easor software business, and we understand that Easor will be reported under discontinued operations in Q4. We expect the report to focus on the performance and outlook of the “new” Talenom, i.e., the accounting services business, as the company seeks a fresh start. Talenom has already issued guidance for 2026, but we look forward with interest to the first dividend proposal following the separation.                   Inderes              Talenom Q4'25 -ennakko: Tilikirjat puhtaaksi uutta alkua varten - Inderes    Sekava raportti pistää pisteen jakautumiselle ja käynnistää uuden Talenomin aikakauden.

Rantalainen is also loading up on Administer; as I recall, they have been the largest buyer of the stock for several years now. Probably the core business is performing so well that the accumulated cash has to be put somewhere. He knows the accounting firm business, so he buys everything related to it on the Helsinki Stock Exchange. Talenom’s share has dived, and the price tag probably looks attractive now. It could be a pure financial investment without other objectives, or it might not be. For example, large individual owners in Helsinki’s financial services sector receive massive dividends from their companies and use that money to buy Aktia, Ålandsbanken, and Nordea without any strategic considerations. They see banks as good money-making machines and take annual dividends from them for the rest of their lives. There are no plans for mergers behind those actions.

Let’s post this here as well, since Rantalainen was already mentioned earlier this year. Current Rantalainen-Yhtiöt Oy holding according to the latest updated list 31.10.2025 - 50,000 shares 30.11.2025 - 130,000 shares (+80,000) 31.12.2025 - 100,000 shares (-30,000) 31.1.2026 - 300,000 shares (+200,000) 28.2.2026 - 600,000 shares (+300,000)

Earnings disappeared with the demerger The image shows the combined operating profit forecast for Talenom and Easor for the coming years. Earnings and earnings forecasts have vanished in the demerger. Conservative forecasts predicted €27M in operating profit for this year. We’ll be lucky if it reaches €5M.

Hi, the revenues for different countries are included within that graph. Of course, an axis could have been added as well, which would have made it easier to see the level for the entire group.  The dividend remains a mystery for now, but it seems clear that it will drop significantly from its previous level. Easor, however, accounted for a large part of the result previously. Let’s see what they come up with.

Good new report @Juha_Kinnunen, and you managed to cut the dividend even more than I expected. Reflecting on Talenom’s history, I don’t believe in such a drastic cut, even though they might not necessarily be able to afford it. It remains to be seen how the market reacts next week when the dividend proposal is heard, as there are likely still many investors on board longing for the old dividend. Even though the guidance is already known, over the course of the year we will be wiser about Talenom’s earnings performance. The Y-axis figures were missing from the “predicted revenue development” table on page 4.

Talenom

Talenom’s earnings growth story will get back on track in the next few years as the company moves from aggressive growth to reviving profitability. The company is facing critical years for internationalization, as Sweden seeks efficiency from its own accounting system and Spain is being ramped up.

<p>Talenom’s earnings growth story will get back on track in the next few years as the company moves from aggressive growth to reviving profitability. The company is facing critical years for internationalization, as Sweden seeks efficiency from its own accounting system and Spain is being ramped up. After a strong price rise, the stock is no longer in the bargain bin, but if Finland’s success story can be transferred abroad, the stock is still cheap. The track record is still weak outside Finland, but the ingredients for a recipe for success are present. </p> <p> </p> 

	2022	23e	24e
Revenue	102.1	121.4	136.8
growth-%	23.3 %	18.9 %	12.6 %
EBIT (adj.)	15.3	11.4	15.8
EBIT-% (adj.)	15.0 %	9.4 %	11.6 %
EPS (adj.)	0.27	0.14	0.20
Dividend	0.18	0.18	0.19
Dividend %	2.0 %	12.2 %	12.9 %
P/E (adj.)	34.3	10.5	7.5
EV/EBITDA	14.2	4.3	3.7

Talenom: International recipe tested in the next few years

Key Estimate Figures2023-12-27

Forum discussions