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
    }
  }
}


talenom-acquisition-driven-growth-continues-next-year

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Juha Kinnunen

Talenom is an accounting firm that offers a wide range of services within accounting, invoice management and payroll. In addition to the main business, financial analysis and the possibility of real-time control via the company's web services are offered. The largest proportion of customers are found among small and medium-sized corporate customers in the Nordic market. The company was founded in 1972 and has its headquarters in Oulu.

Here are the guidance comments. Interpreting this, Talenom’s accounting firm’s EBITDA profitability is weaker than expected. In a demerger, administration tends to, if not double, then grow proportionally. One can well agree with the aforementioned weakness when looking at yesterday’s guidances, i.e., adjusted EBITDA accumulated for 1-9/2025 was 16+ MEUR, meaning a run-rate of just under 22 MEUR.  And now guidance for 2026 is in the range of 18-22 MEUR, meaning at the upper end, the 2025 level is reached. So, in my opinion, the guidance is a bit lenient…  => The risk, of course, is that things will be taken too easily instead of pushing harder, anticipating, and ensuring. Perhaps the company is thinking too much that the finish line is in sight now that the long-term project has progressed almost to the demerger.                   Inderes              Talenomilta ohjeistus vuodelle 2026 - Inderes    Jakautumista tekevä Talenom julkaisi eilen yhtiöön jäävälle tilitoimistoliiketoiminnalle ohjeistuksen vuodelle 2026 (liikevaihto 110–120 MEUR ja vertailukelpoinen käyttökate 18–22 MEUR). Ohjeistus oli liikevaihdon osalta odotettu, mutta...

Here are Juha’s comments on Talenom’s recent acquisitions.  Talenom continued its acquisitions in Spain by acquiring three small accounting firms in the Spanish Basque Country. Their combined annual revenue is approximately EUR 1.9 million annually, and the companies will become part of the group at the turn of the year. The acquisitions expand Talenom’s operations in Spain into a new and strategically important market area. Strengthening the network in Spain’s evolving accounting market is, in our opinion, strategically important for the potential of both the accounting business and Easor’s software business.                   Inderes              Talenomilta uusia yritysostoja Espanjasta - Inderes    Talenom jatkoi yritysostoja Espanjassa hankkiessaan itselleen kolme pientä tilitoimistoa Espanjan Baskimaassa. Kaikkien yhteenlaskettu liikevaihto on noin 1,9 MEUR vuositasolla.

Event starts 18.12.2025 at 12.00 EET Apparently starts at 12

Good morning, welcome tomorrow to follow the webcast where we will open the strategy and figures of both our businesses as separate companies. You can also ask questions in Finnish during the broadcast, even though it will be broadcast in English.                   talenom.events.inderes.com              Planned demerger and strategies of Talenom and Easor    talenom virtual event in Videosync                             Welcome to listen! -Otto

There are now separate guidelines for the upcoming 2026 for Talenom and Essor, as well as figures for 1-9/2025.                         Nasdaq Company News              Talenomin taloudellinen ohjeistus vuodelle 2026; Talenomin oikaistuja...

Shopping in Spain                   Inderes              Talenom ostaa espanjalaisen tilitoimiston Pagoa consultorasin - Inderes    Talenom Oyj, lehdistötiedote 16.12.2025 kello 15.45Talenom ostaa espanjalaisen tilitoimiston Pagoa consultorasinTalenom Oyj on sopinut ostavansa Espanjan Baskimaassa Gipuzkoan maakunnassa Irunin...                                               Inderes              Talenom ostaa espanjalaiset tilitoimistot Ascofi Berrian sekä Harri Berrin -...    Talenom Oyj, lehdistötiedote 16.12.2025 kello 15.50Talenom ostaa espanjalaiset tilitoimistot Ascofi Berrian sekä Harri BerrinTalenom Oyj on sopinut ostavansa Espanjan Baskimaassa Biskajan maakunnassa...

These software programs, Easor, Fennoa, Netvisor, etc., are all very different from a user perspective. Additionally, their pricing models vary. It will be interesting to see if Easor is competitive in this race at all when it has to be sold to customers other than Talenom’s own. Of course, Spain (Espania) might surprise.

Talenom

Talenom's Q2 result was excellent considering the circumstances and the company's earnings growth story is progressing on track. We have raised our earnings estimates slightly and exceptionally...

<p>Talenom's Q2 result was excellent considering the circumstances and the company's earnings growth story is progressing on track. We have raised our earnings estimates slightly and exceptionally included new unimplemented acquisitions. Talenom is expected to continue its acquisition-driven growth strategy in the coming years, which is why our estimates now better reflect the future. However, following a strong share price rise, we believe that the share is almost fully priced (2023e P/E 35x and EV/EBIT 28x). Long-term investors can well stay on board the attractive equity story, but in the short term we do not see sufficient upside in the share. </p> 

	2021	22e	23e
Revenue	82.8	103.9	127.8
growth-%	27.1 %	25.4 %	23.0 %
EBIT (adj.)	14.8	17.6	20.9
EBIT-% (adj.)	17.8 %	16.9 %	16.4 %
EPS (adj.)	0.25	0.30	0.35
Dividend	0.17	0.20	0.23
Dividend %	1.5 %	6.3 %	7.4 %
P/E (adj.)	47.5	10.3	8.8
EV/EBITDA	19.9	5.2	4.5

Talenom: Acquisition-driven growth continues next year

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Key Estimate Figures03.08.2022

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