Talenom Oyj (0RQI) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, you are welcome to follow up Talenum H1 report release. My name is CEO Otto-Pekka Huhtala. And here's my colleague. Hello, everybody. My name is Matti Elonen. I'm CFO of Talenum. And shortly, I will go through our content today. I will go through review period and strategy progress and also software business. And after that, Matti will continue with financial development and outlook and guidance. So thank you. Let's go. Some highlights from Q2. Comparable net sales increase driven by Finland and Spain. Second one, we also launched our new brand for our software business, which goes today Jaasar. And we ended our piloting of software sales in Finland for external accounting firms and their clients. And this pilot went successfully. Third highlight is that customer base growth continued at 4.7% annually. From a financial point of view, this highlights, as I told, how comparable net sales increased driven by Finland and Spain. It increased 3.1%. And EBITDA growth came from Spain, while Finland and Sweden remained at the comparison periods level. So EBITDA was 1.2% over last year. compared to last year and it was close to 10 million euro and right hand side you can see that our accounting business revenue is around 30 million was around 30 million and software business was around 5 million in Q2 and now we will go to the strategy progress Everything started from our target and it is growth. And Talenon will focus on our core competencies, which what we have developed many decades, like accounting businesses. We have been there over five decades. And we have developed our own software over two decades. And now we have these two pillars and we will grow with those. And by that way, we believe that we can have more scalable growth potential than before. Some market t...