Lemonsoft
6.35
EUR
+0.79 %
LEMON
First North Finland
Software
Technology
1,296 following
+0.79%
+7.63%
-3.05%
+7.99%
+5.48%
+13.39%
-59.24%
-
-59.29%
investors.lemonsoft.fi/frontpage
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 companies. The customer base consists of companies in industrial manufacturing, wholesale and retail, construction and accounting firms. The company conducts its primary operations within Finland.
P/E (adj.) (24e)
21.24
EV/EBIT (adj.) (24e)
16.99
EV/S (24e)
4.15
Dividend yield-% (24e)
2.2 %
Target price
6.50 EUR
Recommendation
Accumulate
Updated
5.11.2024
First North Finland
LEMON
Daily low / high price
6.3 / 6.35
EUR
Market cap
118.56M EUR
Turnover
8.94K EUR
Volume
1.4K
Business risk
Valuation risk
Current
Previous
Analyst
Atte Riikola
Analyst
Latest videos
Financial calendar
Annual report
20.02.2025
General meeting
09.04.2025
Interim report
25.04.2025
Interim report
14.08.2025
Interim report
31.10.2025
Income statement
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13.6 | 17.2 | 22.6 | 26.3 | 29.2 | 31.0 | 32.8 | 34.8 |
| growth-% | 27.7 % | 26.8 % | 30.9 % | 16.8 % | 10.8 % | 6.3 % | 5.8 % | 6.2 % |
| EBITDA | 4.8 | 4.2 | 7.3 | 8.2 | 7.9 | 9.2 | 9.8 | 10.6 |
| EBIT (adj.) | 4.4 | 5.4 | 7.1 | 7.2 | 7.1 | 8.4 | 9.1 | 10.0 |
| EBIT | 3.9 | 3.1 | 6.6 | 6.9 | 6.1 | 7.4 | 8.2 | 9.0 |
| Profit before taxes | 3.9 | 3.1 | 6.5 | 6.7 | 5.7 | 7.0 | 7.8 | 8.7 |
| Net income | 3.0 | 2.3 | 5.0 | 5.3 | 4.6 | 5.4 | 6.1 | 6.8 |
| EPS (adj.) | 0.19 | 0.24 | 0.30 | 0.30 | 0.30 | 0.34 | 0.38 | 0.42 |
| growth-% | 33.1 % | 23.9 % | 26.2 % | 1.0 % | -1.1 % | 15.0 % | 9.8 % | 10.8 % |
| Dividend | 0.12 | 0.13 | 0.14 | 0.14 | 0.14 | 0.14 | 0.15 | 0.16 |
| Dividend ratio | 74.3 % | 104.5 % | 51.2 % | 49.0 % | 57.2 % | 48.2 % | 46.2 % | 43.8 % |
Profitability and return on capital
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| EBITDA-% | 35.3 % | 24.6 % | 32.5 % | 31.2 % | 27.2 % | 29.5 % | 30.0 % | 30.5 % |
| EBIT-% (adj.) | 32.6 % | 31.4 % | 31.3 % | 27.3 % | 24.5 % | 27.1 % | 27.9 % | 28.6 % |
| EBIT-% | 28.7 % | 17.8 % | 29.2 % | 26.2 % | 20.9 % | 23.9 % | 24.9 % | 25.8 % |
| ROE | 47.6 % | 15.7 % | 20.9 % | 18.8 % | 14.5 % | 15.9 % | 16.3 % | 16.6 % |
| ROI | 53.9 % | 17.5 % | 23.8 % | 20.2 % | 15.3 % | 18.0 % | 19.0 % | 20.0 % |
Valuation
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Share price (EUR) | 18.00 | 7.96 | 6.02 | 6.35 | 6.35 | 6.35 | 6.35 | |
| Shares | 18.3 | 18.3 | 18.4 | 18.6 | 18.7 | 18.7 | 18.7 | 18.7 |
| Market cap | 328.9 | 146.4 | 111.7 | 118.5 | 118.5 | 118.5 | 118.5 | |
| Enterprise value | 313.9 | 137.8 | 112.8 | 121.3 | 118.5 | 117.7 | 114.5 | |
| EV/S | - | 18.2 | 6.1 | 4.3 | 4.2 | 3.8 | 3.6 | 3.3 |
| EV/EBITDA | - | 74.2 | 18.8 | 13.7 | 15.3 | 13.0 | 11.9 | 10.8 |
| EV/EBIT (adj.) | - | 58.0 | 19.5 | 15.7 | 17.0 | 14.1 | 12.9 | 11.5 |
| EV/EBIT | - | 102.2 | 20.9 | 16.4 | 19.9 | 16.0 | 14.4 | 12.7 |
| P/E (adj.) | - | 75.9 | 26.6 | 19.9 | 21.2 | 18.5 | 16.8 | 15.2 |
| P/E | - | 144.7 | 29.0 | 21.1 | 25.9 | 21.8 | 19.6 | 17.4 |
| P/B | - | 15.0 | 5.6 | 3.7 | 3.6 | 3.3 | 3.0 | 2.8 |
| P/S | - | 19.1 | 6.5 | 4.2 | 4.1 | 3.8 | 3.6 | 3.4 |
| Dividend yield | 0.7 % | 1.8 % | 2.3 % | 2.2 % | 2.2 % | 2.4 % | 2.5 % | |
| Equity ratio | 61.6 % | 73.4 % | 70.0 % | 62.4 % | 64.4 % | 69.4 % | 71.8 % | 77.2 % |
| Gearing ratio | -44.3 % | -68.2 % | -32.9 % | 3.3 % | 8.5 % | 0.2 % | -2.0 % | -9.2 % |
Quarter data
| Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.4 | 26.3 | 6.9 | 7.0 | 7.3 | 7.9 | 29.2 | 7.6 | 7.7 |
| EBITDA | 2.5 | 8.2 | 1.4 | 1.6 | 2.6 | 2.4 | 7.9 | 2.0 | 2.1 |
| EBIT | 2.1 | 6.9 | 0.9 | 1.2 | 2.1 | 2.0 | 6.1 | 1.5 | 1.6 |
| Profit before taxes | 2.0 | 6.7 | 0.9 | 1.0 | 2.0 | 1.8 | 5.7 | 1.4 | 1.5 |
| Net income | 1.7 | 5.3 | 0.7 | 0.8 | 1.7 | 1.4 | 4.6 | 1.1 | 1.2 |
ShowingAll content types
Lemonsoft Oyj: SHARE REPURCHASE 21.11.2024
Lemonsoft Oyj: SHARE REPURCHASE 20.11.2024
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