Lemonsoft lowers its net sales growth forecast for 2026 due to the sale of Finvoicer

Lemonsoft Oyj | Company Release | July 15, 2026 at 16:46:00 EEST

Lemonsoft announced in a press release on 15 July 2026 that it had agreed to sell Finvoicer Group Oy to eCount Tilitoimistopalvelut Oy. As a result of the agreed sale of Finvoicer, Lemonsoft lowers its net sales growth forecast for 2026 by an amount corresponding to the net sales that will no longer be included in the Group’s consolidated net sales following the transaction. The profitability forecast remains unchanged.

The transaction is expected to be completed in August 2026. The new forecast is subject to the completion of the sale of Finvoicer and will take effect upon completion of the transaction.

New forecast for 2026:
Lemonsoft estimates that the net sales for the financial year 2026 will increase by −1–5 percent compared to the financial year 2025, and that adjusted EBIT will be 23–29 percent of net sales in the financial year 2026.

Previous forecast for 2026 (issued on 1 July 2026):
Lemonsoft estimates that the net sales for the financial year 2026 will increase by 1–7 percent compared to the financial year 2025, and that adjusted EBIT will be 23–29 percent of net sales in the financial year 2026.

Lemonsoft Oyj to sell Finvoicer Group Oy to eCount Tilitoimistopalvelut Oy

Lemonsoft Oyj | Press Release | July 15, 2026 at 16:45:00 EEST

Lemonsoft Oyj ("Lemonsoft") has agreed with eCount Tilitoimistopalvelut Oy ("eCount") on a transaction in which Lemonsoft sells the entire share capital of its subsidiary Finvoicer Group Oy ("Finvoicer") to eCount. The arrangement supports Lemonsoft's focus on its core business and enables Finvoicer to continue developing as part of eCount's growing financial administration group.

Lemonsoft acquired Finvoicer in 2023 to strengthen its offering in invoice lifecycle management. Finvoicer provides solutions that enable especially small and medium-sized businesses to handle invoice sending and receiving, payment monitoring, settlement and reporting, payment reminders, debt collection, accounting, payroll, and preparation of financial statements. Last year, Lemonsoft sharpened its strategic focus, which emphasizes market leadership in software solutions particularly for manufacturing and wholesale segments. The sale of Finvoicer advances Lemonsoft's concentration on operations aligned with the new strategy and the achievement of its targets.

”Our decision to divest Finvoicer underlines our commitment to executing a focused strategy and further clarifies our positioning as a provider of category-leading software products. For Finvoicer, the arrangement offers an excellent opportunity to take the next step in its development within a group that is comprehensively dedicated to Finvoicer's specific business area”, says Alpo Luostarinen, CEO of Lemonsoft Oyj.

In the arrangement, Lemonsoft sells the entire share capital of Finvoicer to eCount. Billgo Oy, which offers invoicing software for small businesses under the HelpostiLasku brand, and Finvoicer Rahoitus Oy, which focuses on invoice financing, will be transferred from Finvoicer directly into Lemonsoft's ownership and will therefore not transfer to eCount as part of the transaction. Finvoicer employs a total of approximately 20 professionals. The arrangement is expected to be completed during August 2026.

Lemonsoft Oyj – Managers’ Transactions – Rite LS SPV AB

Lemonsoft Oyj | Company Release | July 14, 2026 at 18:10:00 EEST

Person subject to the notification requirement
Name: Rite LS SPV AB
Position: Closely associated person
(X) Legal person (1):Person Discharging Managerial Responsibilities In Issuer
Name: Christoffer Häggblom
Position: Member of the Board
(2):Person Discharging Managerial Responsibilities In Issuer
Name: Michael Richter
Position: Member of the Board
Issuer: Lemonsoft Oyj
LEI: 743700OHBVFFCVF69E45
Notification type: INITIAL NOTIFICATION
Reference number: 166085/7/8
____________________________________________
Transaction date: 2026-07-14
Outside a trading venue
Instrument type: SHARE
ISIN: FI4000512678
Nature of transaction: PLEDGING
Transaction details
(1): Volume: 1728346 Unit price: 0 N/A
Aggregated transactions (1):
Volume: 1728346 Volume weighted average price: 0 N/A
____________________________________________
Transaction date: 2026-07-14
Outside a trading venue
Instrument type: SHARE
ISIN: FI4000512678
Nature of transaction: REDEMPTION OF PLEDGE
Transaction details
(1): Volume: 3942703 Unit price: 0 N/A
Aggregated transactions (1):
Volume: 3942703 Volume weighted average price: 0 N/A
____________________________________________
Transaction date: 2026-07-14
Outside a trading venue
Instrument type: SHARE
ISIN: FI4000512678
Nature of transaction: PLEDGING
Transaction details
(1): Volume: 3942703 Unit price: 0 N/A
Aggregated transactions (1):
Volume: 3942703 Volume weighted average price: 0 N/A

Lemonsoft Oyj – Managers’ Transactions – Rite LS SPV AB

Lemonsoft Oyj | Company Release | July 13, 2026 at 15:40:00 EEST

Person subject to the notification requirement
Name: Rite LS SPV AB
Position: Closely associated person
(X) Legal person (1):Person Discharging Managerial Responsibilities In Issuer
Name: Christoffer Häggblom
Position: Member of the Board
(2):Person Discharging Managerial Responsibilities In Issuer
Name: Michael Richter
Position: Member of the Board
Issuer: Lemonsoft Oyj
LEI: 743700OHBVFFCVF69E45
Notification type: INITIAL NOTIFICATION
Reference number: 165838/27/20
____________________________________________
Transaction date: 2026-07-10
Outside a trading venue
Instrument type: SHARE
ISIN: FI4000512678
Nature of transaction: PLEDGING
Transaction details
(1): Volume: 5053414 Unit price: 0 N/A
Aggregated transactions (1):
Volume: 5053414 Volume weighted average price: 0 N/A

Inside information, profit warning: Lemonsoft lowers net sales growth forecast for 2026, profitability forecast remains unchanged

Lemonsoft Oyj | Inside Information | July 01, 2026 at 16:01:00 EEST

Lemonsoft lowers its net sales growth forecast for 2026. The profitability forecast remains unchanged.

The lowering of the net sales growth forecast is due to the impact of Lixani Oy’s financing arrangement on the Group’s net sales, as well as weaker-than-expected net sales development particularly in Lemonsoft’s subsidiary Finvoicer and in Lemonsoft Oyj’s SaaS and consulting net sales.

Lemonsoft announced Lixani Oy’s financing arrangement in a press release on 1 July 2026. As a result of the financing arrangement, Lixani Oy is no longer a subsidiary of Lemonsoft Oyj and will therefore no longer be consolidated as a subsidiary in Lemonsoft’s consolidated financial statements. This has a negative impact on Lemonsoft Group’s net sales for 2026.

Finvoicer’s development has been affected particularly by elevated customer churn, which is reflected especially in weak development of transaction and accounting services net sales.

The weaker-than-expected development of Lemonsoft Oyj’s net sales has been affected by customer churn, which has remained at the previous year’s level during the first part of the year and has not decreased as expected. Customer churn has been driven by, among other things, customers’ financial difficulties and bankruptcies, as well as acquisitions involving customer companies. Customer churn has been elevated particularly outside Lemonsoft’s core industries.

In Lemonsoft’s core industries, the market has shown signs of recovery, and top-of-funnel sales activity has increased significantly during late spring. At the same time, the sales proposal pipeline has grown substantially. However, the increased level of new sales activity has not yet converted into net sales to an extent that would offset the impact of customer churn and the other factors described above on net sales for the financial year 2026.

New forecast for 2026:
Lemonsoft estimates that the net sales for the financial year 2026 will increase by 1-7 percent compared to the financial year 2025, and that adjusted EBIT will be 23-29 percent of net sales in the financial year 2026.

Previous forecast for 2026 (issued on 19 February 2026):
Lemonsoft estimates that the net sales for the financial year 2026 will increase by 5-13 percent compared to the financial year 2025, and that adjusted EBIT will be 23-29 percent of net sales in the financial year 2026.

Lemonsoft Oyj’s ownership in Lixani Oy decreases below 50 percent as a result of a financing arrangement

A financing arrangement has been completed in Lemonsoft Oyj’s subsidiary Lixani Oy. As part of the arrangement, Redan Oy becomes a new investor in the company. Lemonsoft Oyj and some of Lixani Oy’s other existing shareholders also invest in the company.

As a result of the arrangement, Lemonsoft Oyj’s ownership in Lixani Oy decreases from the previous 51 percent to 40.6 percent. Following the arrangement, Lixani Oy will no longer be a subsidiary of Lemonsoft Oyj and will therefore no longer be consolidated as a subsidiary in Lemonsoft’s consolidated financial statements. Lemonsoft will remain a significant minority owner of Lixani Oy after the arrangement.

Lixani provides an ERP solution for the construction industry, bringing construction site management into one system and supporting real-time monitoring of project progress and costs as well as transparent flow of information between the different parties involved in a project.

Redan is a company specialised in renovation construction, with expertise particularly in pipe renovations and demanding apartment and commercial premises renovations. The purpose of the financing arrangement is to strengthen Lixani’s conditions for growth and enable the further development of the company’s software solution together with a new partner with strong understanding of the construction industry and Lixani’s target customer group.

“We see clear potential in Lixani’s solution and its ability to create value for customers in the construction industry. Redan brings strong industry expertise and customer insight to the company, supporting Lixani’s next phase of growth. The arrangement gives Lixani the best possible conditions for growth, while enabling Lemonsoft to retain a significant ownership stake in Lixani and participate in the company’s development over the longer term,” says Alpo Luostarinen, CEO of Lemonsoft Oyj.

Lemonsoft Oyj – Managers’ Transactions – Lehikoinen

Lemonsoft Oyj | Company Release | June 01, 2026 at 11:30:00 EEST

Person subject to the notification requirement
Name: Jarno Lehikoinen
Position: Other senior manager
Issuer: Lemonsoft Oyj
LEI: 743700OHBVFFCVF69E45
Notification type: INITIAL NOTIFICATION
Reference number: 158762/4/6
____________________________________________
Transaction date: 2026-05-28
Venue: FIRST NORTH GROWTH MARKET FINLAND (FSME)
Instrument type: SHARE
ISIN: FI4000512678
Nature of transaction: ACQUISITION
Transaction details
(1): Volume: 575 Unit price: 4.95 EUR
Aggregated transactions (1):
Volume: 575 Volume weighted average price: 4.95 EUR
____________________________________________
Transaction date: 2026-05-29
Venue: FIRST NORTH GROWTH MARKET FINLAND (FSME)
Instrument type: SHARE
ISIN: FI4000512678
Nature of transaction: ACQUISITION
Transaction details
(1): Volume: 2425 Unit price: 4.95 EUR
Aggregated transactions (1):
Volume: 2425 Volume weighted average price: 4.95 EUR

Lemonsoft Oyj – Managers’ Transactions – Rite LS SPV AB

Lemonsoft Oyj | Company Release | May 29, 2026 at 13:00:00 EEST

Person subject to the notification requirement
Name: Rite LS SPV AB
Position: Closely associated person
(X) Legal person (1):Person Discharging Managerial Responsibilities In Issuer
Name: Christoffer Häggblom
Position: Member of the Board
(2):Person Discharging Managerial Responsibilities In Issuer
Name: Michael Richter
Position: Member of the Board
Issuer: Lemonsoft Oyj
LEI: 743700OHBVFFCVF69E45
Notification type: INITIAL NOTIFICATION
Reference number: 158603/7/6
____________________________________________
Transaction date: 2026-05-27
Venue: FIRST NORTH GROWTH MARKET FINLAND (FSME)
Instrument type: SHARE
ISIN: FI4000512678
Nature of transaction: ACQUISITION
Transaction details
(1): Volume: 237083 Unit price: 4.53 EUR
Aggregated transactions (1):
Volume: 237083 Volume weighted average price: 4.53 EUR

Lemonsoft Oyj: Flagging notification in accordance with Chapter 9, Section 10 of the Finnish Securities Markets Act

Lemonsoft Oyj | Company Release | May 15, 2026 at 19:00:00 EEST

Lemonsoft Oyj (“Lemonsoft” or the “Company”) has received the following notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which Alcur Fonder AB’s holding of shares and voting rights in Lemonsoft has fallen below five (5) percent on 14 May 2026.

Lemonsoft has one series of shares in which each share carries one vote. The total number of shares and voting rights in Lemonsoft is 18,262,768.

Alcur Fonder AB’s holding according to the notification:

% of shares and voting rights% of shares and voting rights through financial instrumentsTotal of both in %Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached0.000.0018,262,768
Position of previous notification5.21N/A5.21

Notified details of the resulting situation following the crossing or reaching of the threshold
A: Shares and voting rights

Class/type of sharesISIN codeDirect number of shares and voting rights (SMA 9:5)Indirect number of shares and voting rights (SMA 9:6 and 9:7)Direct % of shares and voting rights (SMA 9:5)Indirect % of shares and voting rights (SMA 9:6 and 9:7)
SharesFI4000512678000.000
TOTAL00.00

B: Financial Instruments according to SMA 9:6a

Type of financial instrumentExpiration dateExercise / conversion periodPhysical or cash settlementNumber of shares and voting rights% of shares and voting rights

Lemonsoft Oyj: Flagging notification in accordance with Chapter 9, Section 10 of the Finnish Securities Markets Act

Lemonsoft Oyj | Company Release | May 15, 2026 at 15:30:00 EEST

Lemonsoft Oyj (“Lemonsoft” or the “Company”) has received the following notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which Rite LS SPV AB’s holding of shares and voting rights in Lemonsoft has increased above fifty (50) percent on 14 May 2026.

Lemonsoft has one series of shares in which each share carries one vote. The total number of shares and voting rights in Lemonsoft is 18,262,768.

Rite LS SPV AB’s holding according to the notification:

% of shares and voting rights% of shares and voting rights through financial instrumentsTotal of both in %Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached57.4257.4218,262,768
Position of previous notification49.2649.26

Notified details of the resulting situation following the crossing or reaching of the threshold

A: Shares and voting rights

Class/type of sharesISIN codeDirect number of shares and voting rights (SMA 9:5)Indirect number of shares and voting rights (SMA 9:6 and 9:7)Direct % of shares and voting rights (SMA 9:5)Indirect % of shares and voting rights (SMA 9:6 and 9:7)
SharesFI400051267810,487,38057.42
TOTAL10,487,38057.42

B: Financial instruments according to Chapter 9, Section 6a of the Finnish Securities Markets Act

Type of financial instrumentExpiration dateExercise / conversion periodPhysical or cash settlementNumber of shares and voting rights% of shares and voting rights

Additional information:

Rite LS SPV AB and the parties acting in concert with it, Rite Internet Ventures Holding AB, Rite SPV 2025-1 AB, and Bird Cherry Holding AB, which is wholly-owned by Christoffer Häggblom, commenced on 27 March 2026 a mandatory tender offer to acquire all issued and outstanding shares in Lemonsoft Oyj. The 1,491,263 shares validly tendered and accepted in the tender offer have been transferred to Rite LS SPV AB on 14 May 2026 upon the completion trades of the tender offer.

The shares acquired through the completion trades of the tender offer, together with the previous holdings of Rite LS SPV AB, represent an aggregate holding of 10,487,380 shares, corresponding to approximately 57.42 per cent of all the shares and voting rights in Lemonsoft Oyj.