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Trading in Easor, spun off from Talenom, begins today

Analyst Comment02.03.2026 klo 09.15
Juha Kinnunen, Atte Riikola

Translation: Original published in Finnish 02/03/2026 at 08:20 am EET

In the demerger, Talenom's owners received one new Easor share for each Talenom share they owned. We estimate the value of Talenom's accounting business to be EUR 1.5-2.4 per share and the software business to be EUR 0.8-1.6 per share. We will initiate coverage of Easor after its first trading day and simultaneously update our investment view on Talenom to reflect the remaining accounting business.

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Easor
Talenom

Forum discussions

A customer might want a cheaper service, for example. At Enersense (Easor), the average billing per customer seems quite high, and small businesses...
6/13/2026, 7:18 AM
by Ripelein
2
Why would Talenom switch to an inferior software? Besides, according to the demerger documents, Easor and Talenom have long-term agreements....
6/12/2026, 6:59 PM
by Gold
0
Easor is hyping up significant growth in the number of accounting firm partnerships in Finland on LinkedIn. It seems 80 were mentioned, and ...
6/11/2026, 1:54 PM
by TTTT
6
I’m not sure if I understood the question correctly, but Easor certainly capitalizes the development work done on the software. Approximately...
5/26/2026, 9:19 AM
3
From the published documents, I couldn’t personally tell if Easor capitalizes its R&D expenses like Talenom used to, and at what level that ...
5/22/2026, 7:45 AM
by JakeTK
0
Atte has released a new equity research report on Easor following the Q1 results Easor’s independent journey as a listed company started off...
5/22/2026, 5:02 AM
by Sijoittaja-alokas
3
I listened through the Easor story and was left thinking that reporting revenue by country would be really useful from an investor’s perspective...
5/21/2026, 2:55 PM
by SoftaSijoittaja
8