INDERESNasdaq HelsinkiCapital MarketsIFRS · EUR

Inderes Oyj

Inderes is a Finnish company specializing in financial analysis, events, and software solutions. It operates through three main business units: Analysis, Events, and Software, each with a distinct focus on enhancing investor relations and corporate communications. Inderes is recognized for its independent analysis services, which provide an alternative to traditional investment banking models. The company leverages its platform to reach a broad audience, including private investors and public companies, primarily in the Nordic region.

Revenue19.1m EUR
+3.9 %y/y
Operating profit (EBIT)0.9m EUR
−24.0 %y/y
EBIT margin4.7%
−1.7 ppy/y
Net income0.2m EUR
−52.1 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

05101520m EUR2021: 13 m EUR2021: EBIT 0.10 m EUR20212022: 8.0 m EUR2022: EBIT 0.00 m EUR20222023: 17 m EUR2023: EBIT 0.78 m EUR20232024: 18 m EUR2024: EBIT 1.2 m EUR20242025: 19 m EUR2025: EBIT 0.90 m EUR2025190.90
RevenueOperating profit (EBIT)

Business

Share of revenue
Analysis50 %

Includes independent financial analysis services for investors and companies.

Events30 %

Covers investor relations and hybrid event production services.

Software20 %

Provides software solutions for corporate communications and investor relations.

Customers

Inderes serves a diverse range of customers, primarily in the Nordic region. Its analysis services are utilized by public companies seeking to enhance their investor relations and reach private investors. The events business caters to companies looking for professional investor relations events, including hybrid formats. The software solutions are designed for corporate clients aiming to improve their communication and engagement with investors. Inderes' customer base includes both large public companies and smaller firms looking to expand their market presence.

Public Companies

Utilize analysis and event services to improve investor relations.

Private Investors

Access independent analysis for informed investment decisions.

Corporate Clients

Use software solutions for better communication with investors.

Strategy

Inderes' strategic priorities focus on international expansion and enhancing its technological capabilities. The company aims to increase brand recognition and market penetration in the Nordic region through targeted marketing and partnerships. Inderes is investing in AI and automation to improve the scalability and efficiency of its services. The company is also exploring new market entry models to diversify its revenue streams and strengthen its competitive position.

International ExpansionMedium term

To increase market presence and revenue.

Technological EnhancementLong term

To improve service scalability and efficiency.

Geography

Inderes is headquartered in Helsinki, Finland, and operates primarily in the Nordic region. The company has subsidiaries in Sweden and Norway, which support its international operations. Finland remains the largest market, contributing significantly to revenue, while Sweden and Norway are key growth areas. Inderes' geographic presence allows it to leverage regional expertise and expand its services across Northern Europe.

Risks

Inderes faces several business and financial risks, including macroeconomic fluctuations and changes in regulatory environments. The company's reliance on investor relations spending by public companies can be affected by economic downturns. Additionally, the rapid pace of technological change poses a risk to maintaining competitive advantage. Inderes must also manage operational risks related to international expansion and talent acquisition.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Macroeconomic Fluctuations1Technological Change2
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Macroeconomic FluctuationsImpact: HighLikelihood: Medium

    Can reduce investor relations spending by public companies.

  2. Technological ChangeImpact: MediumLikelihood: Medium

    Requires continuous innovation to maintain competitive advantage.

Accounting

Judgemental items
Revenue Recognition

Critical for accurately reflecting service delivery.

Seasonality

Causes fluctuations in quarterly financial results.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Inderes Oyj (INDERES) Revenue, Earnings & Financials 2025 – Clarifo