Which competitors do you think are currently doing well in the industry? Lemonsoft has identified Monitor, Oscar, and Odoo as key competitors. You already grouped Oscar into the same category as Lemonsoft, so are it those two others or some other players?
Lemonsoft’s recurring revenue has shown slight growth this year as well, and negative development has mainly come from transactions and consulting. Therefore, in terms of numbers, the ERP side is not particularly struggling. Customer churn has also been at a quite reasonable level. Lemonsoft has previously stated that the company’s ERP software has a total of about 700 core customers in the industrial and wholesale sectors. Across all products, the total number of customers is several thousands. Thus, on an annual basis, it is quite normal for dozens of customers to be lost, and in return, the company also gains new customers. But it remains to be seen whether the issues you raised will be reflected in the company’s figures in the future.