Yes, Talenom’s figures are not fully comparable with Aallon’s because they have included the software business + these capitalizations of sales costs. At a quick glance, I saw that if the sales capitalizations are adjusted by an estimated 3 million for Q1-Q3/2025 (the level can be found in the 2024 notes) and these are added back to the EBITDA of the Finnish accounting business alone, the EBITDA is still around 25%.
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