Talenom Oyj · OMXHEX:TNOM
Talenom Oyj — Q3 2026 Earnings Presentation
29 slides from Talenom Oyj's earnings presentation, Oct 22, 2026
Slide 1: Business Review Q3 2026
Business Review Q3 2026 CEO Juho Ahosola and CFO Matti Säkkinen Talenom Plc 22 October 2026
Slide 2: Juho Ahosola and Matti Säkkinen
Juho Ahosola Matti Säkkinen Chief Executive Officer CFO juho.ahosola@talenom.fi matti.sakkinen@talenom.fi +358 50 525 6043 +358 41 433 8544
Slide 3: Content
Content • New Talenom in brief • Q3 2026 highlights and strategic development • Financial performance • Outlook and guidance • Q&A
Slide 4: New Talenom in brief
TALENOM New Talenom in brief
Slide 5: Talenom at glance
Talenom at glance Talenom is a modern provider of financial management services. We help entrepreneurs succeed through a comprehensive range of accounting, payroll, and consulting services. We operate in Finland, Sweden, and Spain, and grow both organically and through strategic acquisitions. Taleno
Slide 6: Comprehensive offering tailored to clients' needs
We support our clients with a comprehensive Value-added services offering – tailored to Group accounting & their specific needs reporting CFO & Financial manager services Legal Reporting services Core services development Industry-focused Accounting services solutions for selected Payroll services i
Slide 7: Markets: Significant market potential in our operating countries
Markets: Significant market potential in our operating countries Talenom’s very small market share in a very large market • The accounting services market in Europe is highly fragmented. Talenom’s Talenom’s relatively big relatively market share • Rising regulatory demands in very small market share
Slide 8: Q3 2026 highlights and strategic development
Q3 2026 highlights and strategic development
Slide 9: Q3 2026 highlights
Q3 2026 highlights • The third quarter was a time of steady progress and the implementation of strategic priorities for Talenom. • Our Group’s net sales grew and comparable EBITDA improved in all of our operating countries. • Finland’s strong profitability continues to form a solid foundation for th
Slide 10: 2026 strategic priorities
2026 strategic priorities 01. 02. 03. Implementation of the new Improving profitability in Implementing the growth strategy in all operating Sweden and Spain strategy in all operating countries countries • Operations commenced as • Adjusting resources in • Focus on organic growth an independent serv
Slide 11: Strategy progress Q3/2026
Strategy progress Q3/2026 • We continued to implement our strategy across all our operating 01. countries, with good progress. Implementation of the new strategy in all operating countries • We continued also systematic work with the ONE Talenom concept across all our operating countries, and the im
Slide 12: Strategy progress Q3/2026: Sweden and Spain
Strategy progress Q3/2026 • Sweden: 01. • The profitability trend in Sweden continued in the right direction during the review period, which has been our main Implementation of the new strategy in priority this year. all operating countries • We will focus even more strongly on developing sales and
Slide 13: Strategy progress Q3/2026: growth strategies
Strategy progress Q3/2026 • We continued work on our growth strategies across all countries. We believe that a broader software offering will, over time, open 01. up significant growth potential. Implementation of the new strategy in all operating countries • We continued our systematic sales and ma
Slide 14: AI at Talenom
AI at Talenom Talenom has long been a pioneer in the digital development of the financial administration industry, and we want to reinforce this position in the future as well. During the third quarter, we significantly increased our focus on AI across the Group. We see significant opportunities in
Slide 15: Q3 2026 financial highlights (continuing operations)
Q3 2026 financial highlights (continuing operations) Comparable net sales increased, Comparable EBITDA increased, Comparable operating profit driven by Finland and Spain profitability improved in all increased operating countries Comparable net sales Q3 (EUR million) Comparable EBITDA Q3 (EUR millio
Slide 16: Finances
TALENOM Finances
Slide 17: Group comparable net sales development
The Group’s comparable net sales development (continuing operations) Comparable net sales January- Comparable net sales Q3 (EUR million) September (EUR million) +3.6% +3.6% 30 • Net sales increased in Spain and Finland but decreased in Sweden 80 83.2 86.3 24.6 25.4 due to high customer churn in the
Slide 18: Group comparable EBITDA development
The Group’s comparable EBITDA development (continuing operations) Comparable EBITDA January-September Comparable EBITDA Q3 (EUR million) (EUR million) +2.1% +19.6% • Comparable EBITDA 6 improved from the 20 5.8 comparison period in all our 16 17.0 operating countries. 16.7 4.8 4 12 20.0% 19.7% 22.6%
Slide 19: Group comparable operating profit development
The Group’s comparable operating profit development (continuing operations) Comparable operating profit January- Comparable operating profit Q3 September (EUR million) (EUR million) +54.8% +0.6% • Comparable operating profit 2,5 8 increased compared to the 2 2.2 comparison period. 6 6.5 6.5 1,5 8.7%
Slide 20: Finland's comparable net sales development
Finland’s comparable net sales development (continuing operations) Comparable net sales January-September Comparable net sales Q3 (EUR million) (EUR million) +2.4% +2.0% 20 60 • The growth was entirely organic. 55.1 16 53.8 16.2 15.9 45 • There were no significant changes 12 in the general economic
Slide 21: Finland's comparable EBITDA development
Finland’s comparable EBITDA development (continuing operations) Comparable EBITDA January- Comparable EBITDA Q3 (EUR million) September (EUR million) +6.9% +10.5% 20 6 • The comparable EBITDA improved 16 17.0 5.4 during the review period. 15.9 4.9 4 12 29.5% 30.8% 33.4% • We have actively managed ou
Slide 22: Sweden's comparable net sales development
Sweden’s comparable net sales development (continuing operations) Comparable net sales January-September Comparable net sales Q3 (EUR million) (EUR million) -9.7% -10.4% 20 6 • Net sales decreased due to high customer churn in 2025. 16 16.9 15.2 4 4,3 • As customer churn has 12 3,9 stabilized, our f
Slide 23: Sweden's comparable EBITDA development
Sweden’s comparable EBITDA development (continuing operations) Comparable EBITDA January- Comparable EBITDA Q3 (EUR million) September (EUR million) +126.1% +1,146.6% • Costs have been adjusted due 0,2 to the decrease in revenue, and 0,6 this is gradually reflected in 0.6 0,1 improved profitability.
Slide 24: Spain's comparable net sales development
Spain’s comparable net sales development (continuing operations) Comparable net sales January-September Comparable net sales Q3 (EUR million) (EUR million) +23.4% +26.8% 6 16 5.4 • Growth in Spain came mainly from 16.0 acquisitions. 12 4 4.4 12.6 • New customer acquisition 8 continued to perform ste
Slide 25: Spain's comparable EBITDA development
Spain’s comparable EBITDA development (continuing operations) Comparable EBITDA January- Comparable EBITDA Q3 (EUR million) September (EUR million) 1,0 +39.2% • The development of comparable 0.9 0,3 0.3 EBITDA was slowed by 0,6 integration costs and an increase 6.7% 0,2 in fixed software-related cos
Slide 26: Outlook and guidance
TALENOM Outlook and guidance
Slide 27: Outlook and guidance 2026
Outlook and guidance 2026 (continuing operations) Guidance unchanged (published 16 December 2025) • Net sales around EUR 110–120 million • Comparable EBITDA around EUR 18–22 million Background for the guidance Talenom expects demand in the accounting services market to remain stable in all of the Co
Slide 28: Q&A
TALENOM Q&A
Slide 29: Thank you!
Thank you! Juho Ahosola, CEO Matti Säkkinen, CFO juho.ahosola@talenom.fi matti.sakkinen@talenom.fi +358 50 525 6043 +358 41 433 8544