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
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      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
    }
  }
}


changes-in-panostaja-oyjs-senior-management-team-1

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Panostaja is an investment company. The company acquires and develops small and medium-sized companies with long-term development potential. In addition to growth potential, the companies focus on actively owning and driving strategic changes. The investment portfolio is focused on several industries with the greatest concentration on healthcare and industry across the European market. The company's headquarters are located in Tampere.

@Olli_Vilppo Is it known if Panostaja has receivables from Gugguu? Its situation is starting to look unsettlingly grim. Chronically loss-making and revenue is still declining. Also, megatrends do not provide support for the coming years: Among affluent young adults, there are fewer families with children in the Nordics than before. Demand for expensive children’s clothing is unlikely to be growing. The balance sheet valuation is EUR 1.5 million, but are there also receivables tied up in Gugguu on top of that?

It would be interesting to hear Inde’s analyst’s opinion on the fact that nothing suitable for acquisition has been found in five years. My impression is that the financial market has been particularly favorable for buyers, as it has been very difficult for SMEs to find financing in recent years.

It remains to be seen what the fate of corehw rtls is, and everyone can vote with their wallet. According to Tommila, a good price was obtained for Grano Diesel. One can probably try to estimate it through EBIT.

Who thinks so? If it had been worth a stock exchange release, a stock exchange release would have been issued. In other words, Grano sold its 51% stake to Grano Diesel’s main owner. And Panostaja owns just over 50% of Grano. So the sum will not go to Panostaja, but hopefully Grano’s net debt has decreased.  Nothing has been bought in the last 5 years, except now Lenio in summer/2025. But calculate the administrative costs for five years. The management “didn’t find anything to buy,” but they certainly raised their salaries for the last 5 years.  I don’t want to be mean, but this is the most important thing: Watch Inderes’ Q4 video, time 10:52 - 11:03. What do you think the CEO’s feeling about Corehw looks like?

One would think that the sale of Grano Diesel will yield a decent sum. I don’t believe the room for maneuver will narrow. For the past 5 years, it hasn’t been about room for maneuver, but about not finding anything to buy . Or perhaps there is, but the price hasn’t been valid for Panostaja. Hopefully now Corehw will take off big so all efforts can be used for developing the current ones. When looking at the Corehw news from Tommila’s interview, I still had very positive and encouraging thoughts. I still see Corehw as a real game-changer driver for all of Panostaja, and my own view is that it will happen next year. The entire RTLS sector is believed to grow at an annual rate of 20% until 2030, when the market is seen to be 3 times larger than the current market. I also see that Corehw has many other potential projects that can still rise to support revenue. Especially the automotive sector. These various pilots and partnerships are unlikely to be disclosed for a long time due to non-disclosure agreements, but I believe these customers are consistently very large. Corehw’s employee count has been increased by almost 20% within a year, which strongly suggests that the company is preparing for growing volumes and good prospects.

You asked good, relevant questions @Olli_Vilppo in the recent interview, thank you. That Hygga write-down/cleanup turned out to be quite a disaster and a continuation in Panostaja’s track record: Write-downs of receivables close to 7 million euros! Oh my goodness . That certainly burned the parent company’s room for maneuver for new acquisitions in an unfortunate way, to put it mildly. Starting at 13:02 in the video. Such a matter should have been the first sentence of the Q4 report. It will be interesting to see how the sum of the parts crumbles in Inderes’ analysis and what will be done with the investment company discount. That discount is already a big percentage, but this just got even gloomier.                   Inderes              Panostaja: Pöytä putsattu Hyggan osalta - Inderes    Aika: 12.12.2025 klo 18.30 Panostaja julkaisi puolivuosikatsauksensa ja kertoi muun muassa markkinaympäristön jatkuneen epävarmana.

Lenio has only been involved since 1.6.2025, and too much shouldn’t be expected for the initial phase. However, it seems that the start has been a bit slow: 0.2 MEUR in revenue was achieved in 08-10/25, and for the full year 1-10/25, ARR growth is 8%. I compared that to Panostaja’s Q3 report, and at that time, ARR growth for 1-7/25 was 9%. And for comparison, Inderes’ revenue expectation from the comprehensive report for 2025: “In our forecast scenario, we have assumed that in 2025, growth will be approximately 25% and revenue will rise to the level of 0.9 MEUR.” Lenio’s figures are small and (still) insignificant in Panostaja’s overall context. But noteworthy is the shortfall that immediately begins to emerge and falls short of expectations. In relation to the purchase price paid, the first acquisition in seven years has not started particularly well under Panostaja’s leadership.

Panostaja

Panostaja Oyj Changes in management 5th June 2023, 15.00 p.m. Changes in Panostaja Oyj’s Senior Management Team Panostaja Oyj´s CFO and Member of the Management Team Antti Kauppila has resigned...

Panostaja Oyj&nbsp; &nbsp; &nbsp; Changes in management&nbsp; &nbsp; 5th June 2023, 15.00 p.m. Changes in Panostaja Oyj’s Senior Management Team Panostaja Oyj´s CFO and Member of the Management Team Antti Kauppila has resigned his duties in order to assume a new position at another employer. Kauppila will remain at his position for separately specified time, however no longer than end of November 2023. Process for recruiting a new CFO will start immediately. “Antti has had a very important role in developing business supporting financial management and supporting our portfolio companies. I want to thank Antti for his excellent work for the company. I wish him good luck for the new challenges”, says CEO Tapio Tommila. Panostaja Oyj Tapio Tommila CEO Further information: CEO Tapio Tommila +358 40&nbsp;527 6311 Panostaja&nbsp;is an investment company developing Finnish companies in the growing service and software sectors as an active shareholder. The company aims to be the most sought-after partner for business owners selling their companies as well as for the best managers and investors. Together with its partners, Panostaja increases the Group's shareholder value and creates Finnish success stories. Panostaja has a majority holding in four investment targets. Panostaja’s shares (PNA1V) are quoted on the Nasdaq Helsinki Stock Exchange. In the 2022 financial year, the Group’s net sales totaled MEUR 137,9. <a href="https://www.globenewswire.com/Tracker?data=9u7kwDIiDpMA9IaNcfYBF8AC6-ZXeZmaWRaD0q46Ow0beKKOR4K3IAYB9_DzWPaqeGDroroDddR-krHikQEpAw==">www.panostaja.fi</a>/en <img src="https://www.globenewswire.com/newsroom/ti?nf=MTAwMDgyMzU5NCM0MDE1NjMyNzMjMjA5NDc2NA=="> <img src="https://ml-eu.globenewswire.com/media/ZTIyNDdhNTItOGU1Mi00MzQ2LWJhYmMtMTRmZjRkODE5YTg1LTExMDYzMzU=/tiny/Panostaja-Oyj.png">