TNOMNasdaq HelsinkiAccounting ServicesIFRS · EUR

Talenom Oyj

Talenom is a dynamic and progressive accounting firm founded in 1972, dedicated to helping entrepreneurs succeed by simplifying their daily operations. The company offers user-friendly electronic tools and highly automated, personalized services. Talenom's comprehensive accounting services are designed to support businesses in their financial management and compliance needs, leveraging digital solutions to enhance efficiency and accuracy.

Ask about the company
Revenue109m EUR
−13.6 %y/y
Operating profit (EBIT)6.2m EUR
−45.9 %y/y
EBIT margin5.7%
−3.4 ppy/y
Net income0.5m EUR
−100.0 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

050100150m EUR2021: 83 m EUR2021: EBIT 15 m EUR20212022: 102 m EUR2022: EBIT 15 m EUR20222023: 122 m EUR2023: EBIT 7.9 m EUR20232024: 126 m EUR2024: EBIT 11 m EUR20242025: 109 m EUR2025: EBIT 6.2 m EUR20251096.2
RevenueOperating profit (EBIT)

Business

Share of revenue
Accounting Services60 %

Includes bookkeeping, financial reporting, and tax services

Financial Management Tools20 %

Automated tools for financial management and reporting

Business Advisory10 %

Consulting services for business strategy and growth

Payroll Solutions10 %

Services for payroll processing and management

Customers

Talenom's customer base primarily consists of small to medium-sized enterprises (SMEs) seeking efficient and reliable accounting services. These businesses value Talenom's ability to simplify complex financial processes through automation and personalized service. The company also serves larger corporations that require comprehensive financial management solutions. Talenom's digital tools are particularly appealing to tech-savvy entrepreneurs looking for seamless integration with their existing business operations.

SMEs

Purchase accounting services for efficiency and reliability

Entrepreneurs

Use automated tools for simplified financial processes

Large Corporations

Require comprehensive financial management solutions

Strategy

Talenom's strategic priorities include expanding its software business and enhancing its service offerings through digital innovation. The company is focused on growing its presence in Europe, leveraging its expertise in accounting and financial management. Talenom aims to increase its market share by offering scalable solutions and pursuing strategic acquisitions. The potential separation of its software business into an independent entity is also under consideration to optimize growth opportunities.

Expand software businessMedium term

To enhance service offerings and drive growth

European market expansionLong term

To leverage expertise and increase market presence

Geography

Talenom operates primarily in Finland, with expanding operations in Sweden and Spain. The company has recently entered the Italian market, reflecting its strategic focus on European expansion. Talenom's geographic presence allows it to leverage local market knowledge while benefiting from economies of scale. The company's headquarters are in Oulu, Finland, where it coordinates its international operations.

Risks

Talenom faces several business risks, including increased competition in the accounting services market and potential cybersecurity threats to its IT systems. Economic downturns could impact client demand and profitability. The company also needs to manage risks related to regulatory compliance and data protection. Additionally, Talenom must navigate the challenges of international expansion, including cultural differences and market entry barriers.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Cybersecurity threats1Increased competition3Economic downturns2
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. Cybersecurity threatsImpact: CriticalLikelihood: Medium

    IT systems could face breaches or failures

  2. Economic downturnsImpact: HighLikelihood: High

    Could reduce client demand and profitability

  3. Increased competitionImpact: HighLikelihood: Medium

    Competitors may introduce new services or engage in price competition

Accounting

Judgemental items
Revenue recognition timing

Affects reported revenue in software business

Impact: high

IFRS standards

Influence financial reporting practices

Impact: medium

Similar listed companies

Publicly listed companies with a comparable business focus.

Mandatum Oyj

MANTA · Financial Conglomerates

Intrum

INTRUM · Financials

Sanoma Oyj

SANOMA · Education & Training Services

TietoEVRY Oyj

TIETOS · Technology

Netum Group Oyj

NETUM · Information Technology Services

Admicom Oyj

ADMCM · Software - Application

Last updated: 24/09/2026