I noticed today from the updated owner list that @Yu_Gong seems to have sold at least 19,000 Inderes shares in May and June and has been removed from the list of largest owners.
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Iâve lived in Tampere for a year, and the idea was to move back to Helsinki while buying an apartment there. 
Feel free to send good suggestions from the city center, Punavuori, Ullanlinna, Siltasaari areas, 50-60 square meters, 2-3 rooms
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Regarding the owner listings, a rather subtle order for over 8,000 shares has just appeared on the sell side, considering the stockâs trading volume, meaning the individual seller should be one of the 26 largest owners 
The biggest added value of my message is probably the information that now those interested could properly buy even such a low-volume stock
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GRANGEX AB thread created. Teaser: Thereâs quite a mine near Finland, owned by Swedes, but not in Sweden. For everyone interested in mining stocks, thereâs certainly plenty to sink your teeth into here.
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Could broader reporting be considered for Q1 and Q3, given that the companyâs overall goal is the democratization of information for investors, where reporting plays a quite significant role? As I understand it, we are not talking about a very significant workload once the operating profit has been determined. What better way to serve investors than to publish at least an income statement, balance sheet, and cash flow statement quarterly?
The challenge of democratizing information is real. On the other hand, Inderes also aims to promote popular capitalism and encourages more companies than currently to consider listing on the stock exchange. In this regard, Inderes has communicated that it will set an example through its own operations, showing that listing and operating as a listed company can be handled more cost-effectively than traditionally. In my opinion, monthly revenue reporting is a good indication that easily shareable information is not unnecessarily withheld, even if the established practice were different.
Good luck balancing efficiency and reporting volume 
Of course, as an investor, I also hope for the most comprehensive information whenever possible.
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These are all prioritization questions. What I myself have noticed through a recruitment advertisement is that Inderes has outsourced its financial administration, and this additional reporting directly brings more costs if accountants get more work more regularly.
Reporting is not productive work in any part anyway, and I would prefer to see managementâs focus on growing the business rather than on the rearview mirror, which accounting ultimately is.
Inderes listed on First North so that reporting would be lighter and more flexible. If Inderes were to start reporting quarterly permanently, I would suspect that the company would then have to hire at least one, probably two accountants, which would increase administrative costs and directly detract from productive work.
Project business inherently fluctuates quite a bit between quarters, and through this, cash flow also presumably fluctuates. If this were also reported more regularly, volatility would be high every year, especially at the Q1-Q2 transition.
I would understand the need for additional regulation and information much better if it were clear that Inderes is trying to hide figures. As Karhu already said, Inderes does indeed report revenue development monthly and pays for two external analyses, in addition to which management regularly answers questions on the forum and in webcasts.
As long as the business âstruggles,â I myself want managementâs focus to go specifically to developing it, and not to us armchair analysts being able to model our own DCF a bit better. 
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These alternative ways of reporting also incur costs. Many tiny listed companies publish updates that provide information chosen by the management itself about business development. As an external investor, when I encounter an alternative reporting method, it makes me wonder what it is an alternative to. To hiring a proper accountant to report official statutory and standardized figures that are comparable with all companies adhering to the same standard? The good thing about these figures is that no management explanations can remove them.
So, if I had to choose between management comments and official tables, I would choose the tables every time. I want to know first how the company performed. I form my own view of what is important. Then I look at the managementâs comments to see what issues they pay attention to and whether they have emphasized the same things as I have. How else could I assess the reliability of the management? I have encountered a case where the management completely lacked crisis awareness, and the company went bankrupt two years later. This could have been seen immediately by looking at the tables.
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Which, according to the boardâs view, is significantly smaller than the added value these broader reports would provide to all investors, as they have decided this for several years now.
At next yearâs annual general meeting, it will again be possible to roast the board on this, and they will certainly listen even before that if, for example, they are approached by email and given sufficiently good reasons for what possible added value significantly heavier reporting brings to shareholders.
You get these exact same figures every six months, and we are now moving into a very grey area when it is hinted that the company would report differently than required by law.
If the company were constantly changing what is reported, when it is reported, and there were as many adjustments as with Tieto or every proper US company with non-GAAP expense items, stock-based compensation, and shady insider trading, the situation would be completely different.
This sounds like a completely normal TSXV company; of course, the papers there are what they are, and reports come when they come, sometimes 6 months after the reporting period ends.
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https://www.s-pankki.fi/fi/tiedotteet/2025/karoliina-loikkanen-s-pankin-vastuullisuusjohtajaksi/
Now that Karoliina has also moved on to other duties, would it be time for a small-scale retrospection? ESG was previously forcibly pushed down the throats of private investors, and from the mouths of quite a few Inderes key personnel, we heard at events how investors always want more and more responsibility in their investments. Has the situation changed in a post-Trump election world, with the pendulum swinging in the opposite direction? Will Inderes continue to visibly invest in new ESG projects and incorporate environmental and social justice perspectives into its analysis, or was ESG just a fleeting bubble phenomenon?
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ESG in its current form is dead. Too many âvirtuesâ were piled into the same soup, creating a monster. It is justified to demand responsibility, especially from large corporations, not to pollute the environment in the name of saving money and not to get involved in corruption and other illegalities, even if they are still âcommon practiceâ in many developing countries. However, at the point when ESG demands wearing rainbow glasses and implementing all sorts of hiring quotas instead of hiring the best applicants (regardless of their skin color, sexual orientation, or any other completely irrelevant matter), combined with incredible waste of money and time related to propaganda âtrainingâ around the topic, we went so far off track that the whole thing belongs in the trash.
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"Whether someone is a plumber in Turku or a professional portfolio manager, we are here to help them become a more informed investor. "
I pondered this when I noticed yesterday morning from the company thread that Loihdeâs Q2 webcast was starting at 11 AM.
I was positively surprised that one could submit their own questions for the webcast. I knew I wouldnât be able to listen to the Q2 webcast from start to finish, even though Iâm on holiday, due to the mandatory chores of a family with children. I am not yet a shareholder of Loihde, but I have written down information from Capital Markets Day 2023 in my notebook and occasionally followed the company thread on the forum.
What happened to my questions? I received answers to both questions from CEO Samu Konttinen. Thank you, Samu and Loihde. I listened to the rest of the webcast in the evening using the recording.
Would I have wanted or been able to listen to the webcast without the Q&A section? I donât think so. I noticed on Inderesâ website that I canât submit questions in advance for all webcasts next week (?).
These were the thoughts that arose from the webcasts.
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Sedana Medical AB thread created, hopefully the Inderes communityâs medtech experts will take the bait.
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As we approach Inderesâ Q2 report, we invite all those following the company to share their expectations. Head to the companyâs page on Inderes to submit them! Once you have submitted your estimate, you can access othersâ estimates and the consensus. Switch from âDataâ to âInsightsâ in the top left corner of the diagram to see how the estimates are spread!
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TÀssÀ on SEBin etkokommentit, kun Inderes julkistaa tuloksensa tiistaina 12.8. 
Ahead of Inderesâ Q2 report we have slightly reduced our estimates and fair value range. The May sales report was surprisingly soft although the month saw some project revenue moving to June. Interestingly, Inderes is set to publish the semi-annual sales and profitability for each business unit for the first time. While the performance in Research and Events is likely to remain muted, we believe that H1 growth has been driven by Software.
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@studentcoverage_team so Sami and Vilho have written their preliminary comments as Inderes publishes its review next Tuesday.
As the company reports revenue monthly, attention is particularly drawn to segment-level development and the companyâs comments. The combined revenue for April and May was approximately 4.0 million euros, which was about 0.1 million euros below the comparison periodâs level. Mayâs revenue was negatively impacted by the timing of event business projects and a decrease in event business volumes in Sweden.
https://www.inderes.fi/analyst-comments/inderes-q2-ennakko-haastava-jakso-jatkuu
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Welcome to the earnings presentation next week, either via webcast or on-site! This time, the presentation will be held at the Ruoholahti Stage studio, on the ground floor of the former Inderes Tower (we still have one studio at the old address).
We will answer questions during the presentation and afterwards on the forum once the quiet period is over! Feel free to submit questions for the presentation or the forum.
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The results are out and it still feels like quite a bit of sluggishness.
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However, Inderesâ revenue release shows that Mayâs weak performance was offset in June, as @Mikael_Rautanen indeed seemed to promise: Inderesin liikevaihto kasvoi 2 prosenttia heinĂ€kuussa 2025
Monthly Revenue Development (million euros)
| Month | 2025 | 2024 | Change |
|---|---|---|---|
| January | 1.1 | 1.0 | 11 % |
| February | 1.8 | 1.7 | 0 % |
| March | 2.4 | 2.3 | 7 % |
| April | 2.4 | 2.2 | 8 % |
| May | 1.6 | 1.9 | -12 % |
| June | 1.2 | 0.9 | 29 % |
| July | 1.3 | 1.3 | 2 % |
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Here are also SEBâs comments on Inderesâ H1 result.
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