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
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    id
  }
  tags {
    name
    id
  }
  ... 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
      researchContentUrl
    }
    ... 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
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      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
    }
  }
}


easor-plc-managers-transactions-patrik-niskanen

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Easor is a financial administration platform company that offers entrepreneurs an easy-to-use tool for financial management and enhances the operations of accounting firms and service providers.
https://investors.easor.fi/en/

As far as I know, Easor only has a search portal for accounting firms in Italy. Are the customers who bought themselves into the results actual clients? In itself, it’s a perfectly sensible way to gather a customer base to sell more to later.

At least the partner accounting firms are growing at a rapid pace. 180 at the end of the year and already 274 in February, meaning +50% in 2 months. At the same rate, with compounding, the amount would be over 10x by the end of the year. Of course, in the fastest-growing market, Italy, the software is first distributed for free trials; however, at least in the drug trade, that is a very effective way to get customers hooked.

Yes, product development expenses are indeed capitalized very aggressively. This issue is addressed in several places in the comprehensive report, but here is one highlight.   In other words, EBITDA is practically a useless earnings metric due to those capitalizations. EBIT and FCF provide a better picture of the development of profitability and cash flow, so it’s best to focus on those. The same applies to almost all companies, whether there are capitalizations or not

@Pia_Maljanen and @Atte_Riikola talked about Easor for about fifteen minutes in English  Easor, the spin-off from Talenom, develops and provides a financial management platform for SMEs and accounting firms. If the company achieves strong international growth, the share will have significant value-creation potential. Without growth, only increased investments would remain, putting pressure on the acceptable valuation level. Analyst Atte Riikola summarizes.                   Inderes              Easor: A growth company - Inderes    Time: 20.04.2026 klo 11.11 Easor, the spin-off from Talenom, develops and provides a financial management platform for SMEs and accounting firms.                             Topics:   00:00 Intro 00:23 Easor in a nutshell 01:35 Spain 05:16 Competitive landscape 07:43 Investment thesis 09:40 Underlying profitability 11:30 Valuation & recommendation This video can also be found on the Inderes Nordic channel. https://www.youtube.com/@inderesnordic

Just to confirm. So the practice already familiar from Talenom regarding the balance sheet continues?

The pro forma balance sheet provided in the demerger prospectus looked like this.  So, on the asset side of the balance sheet, there isn’t currently much else besides capitalized development expenditures. And these costs are intended to be capitalized in the future as well, but in our forecasts, the level of capitalizations/amortization will start to be close to each other going forward. Here is a comment from the comprehensive report, which I think is most relevant regarding that balance sheet: “After the demerger, Easor’s balance sheet will thus be quite leveraged, and the situation will remain so in the coming years as the company invests its cash flow into growth in accordance with its strategy. However, as we see it, the cash flow will also be well sufficient for debt servicing costs. Regarding the financing of the growth strategy, Easor relies on internal financing and debt capital, and there is no intention to raise new equity.”

For the coming years, I believe Inderes predicted that capitalizations will exceed depreciation by about 1 million… both sums are certainly large. It’s a good sign that the CFO more than doubled his shareholding last month, and it didn’t happen by selling Talenom. So, could one think that both will be good investments going forward, but Easor might be slightly better?  I just had to return as a Talenom shareholder now that the share price dropped below 1.3.

Easor

Easor Plc, Managers' Transactions, 4 March 2026 at 13:54 EETEasor Plc, Managers' Transactions – Patrik Niskanen____________________________________________Person subject to the notification ...

Easor Plc, Managers' Transactions, 4 March 2026 at 13:54 EETEasor Plc, Managers' Transactions – Patrik Niskanen____________________________________________Person subject to the notification requirementName: Patrik NiskanenPosition: Other senior managerIssuer: Easor OyjLEI: 636700SC9QDZ98RZ8N15Notification type: INITIAL NOTIFICATIONReference number: 145505/5/4____________________________________________Transaction date: 2026-02-28Outside a trading venueInstrument type: SHAREISIN: FI4000598156Nature of transaction: OTHERDescription of the transaction type: JakautumisvastikeTransaction details(1): Volume: 7948 Unit price: 0 EURAggregated transactions(1): Volume: 7948 Volume weighted average price: 0 EUR