CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 75-95% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

Software firm Lemonsoft Q3 net sales edge up on SaaS growth

By Reuters News


Overview

  • Finland ERP software firm's Q3 net sales rose 1.5% yr/yr, driven by SaaS growth and acquisitions

  • Adjusted EBIT for Q3 was nearly flat compared to last year

  • Q3 profit dropped sharply, impacted by recent corporate transactions


Outlook

  • Lemonsoft expects 2026 net sales to increase by -1% to 5% versus 2025

  • Company forecasts 2026 adjusted EBIT at 23-29% of net sales

  • Company expects customer churn to remain high for the rest of 2026 due to earlier terminations


Result Drivers

  • SAAS GROWTH - SaaS income rose 8.2% and made up a larger share of net sales

  • ACQUISITION IMPACT - Jakamo Oy acquisition contributed to net sales growth

  • INCOME MIX SHIFT - Sale of Finvoicer Group led to lower transaction and consulting income


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

EUR 7.17 mln

Q3 EPS

EUR 0.03

Q3 Adjusted EBITDA

EUR 2.82 mln

Q3 Adjusted EBIT

EUR 2.51 mln

Q3 EBIT

EUR 2.18 mln

Q3 EBITDA

EUR 2.76 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the software peer group is "buy"

  • Wall Street's median 12-month price target for Lemonsoft Oyj is €5.20, about 7% above its November 4 closing price of €4.86

  • The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago


Reuters Recommended Reads

  • Nov 5 - Finland's Sitowise Q3 net sales riseon Infra and Buildings growth; does not give forecast

  • Nov 5 - Finland's Enersense Q3 revenue rises on power business unit growth

  • Nov 4 - Upland Software's Q3 revenue falls due to customer churn


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.