Lemonsoft
5.75
EUR
0 %
LEMON
First North Finland
Software
Technology
1,295 following
0%
0%
-4.17%
-20.69%
-2.54%
-4.49%
+9.32%
-63.14%
-
-63.14%
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)
19.23
EV/EBIT (adj.) (24e)
15.42
EV/S (24e)
3.77
Dividend yield-% (24e)
2.43 %
Target price
6.50 EUR
Recommendation
Accumulate
Updated
5.11.2024
First North Finland
LEMON
Daily low / high price
5.75 / 5.95
EUR
Market cap
107.36M EUR
Turnover
2.38K EUR
Volume
410
Business risk
Valuation risk
Current
Previous
Analyst
Atte Riikola
Analyst
Latest videos
Financial calendar
Annual report
2025-02-20
General meeting
2025-04-09
Interim report
2025-04-25
Interim report
2025-08-14
Interim report
2025-10-31
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 | 5.75 | 5.75 | 5.75 | 5.75 | |
| 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 | 107.3 | 107.3 | 107.3 | 107.3 | |
| Enterprise value | 313.9 | 137.8 | 112.8 | 110.1 | 107.3 | 106.5 | 103.3 | |
| EV/S | - | 18.2 | 6.1 | 4.3 | 3.8 | 3.5 | 3.2 | 3.0 |
| EV/EBITDA | - | 74.2 | 18.8 | 13.7 | 13.9 | 11.7 | 10.8 | 9.7 |
| EV/EBIT (adj.) | - | 58.0 | 19.5 | 15.7 | 15.4 | 12.8 | 11.6 | 10.4 |
| EV/EBIT | - | 102.2 | 20.9 | 16.4 | 18.0 | 14.5 | 13.0 | 11.5 |
| P/E (adj.) | - | 75.9 | 26.6 | 19.9 | 19.2 | 16.7 | 15.2 | 13.7 |
| P/E | - | 144.7 | 29.0 | 21.1 | 23.5 | 19.8 | 17.7 | 15.7 |
| P/B | - | 15.0 | 5.6 | 3.7 | 3.3 | 3.0 | 2.8 | 2.5 |
| P/S | - | 19.1 | 6.5 | 4.2 | 3.7 | 3.5 | 3.3 | 3.1 |
| Dividend yield | 0.7 % | 1.8 % | 2.3 % | 2.4 % | 2.4 % | 2.6 % | 2.8 % | |
| 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 14.11.2024
Lemonsoft Oyj: SHARE REPURCHASE 13.11.2024
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