Atte has been a busy bee and put together a company report on Lemonsoft. 
We reiterate our Buy recommendation for Lemonsoft with a target price of EUR 6.0. The Q3 figures were largely in line with our expectations, and we made only minor downward adjustments to our earnings forecasts for the coming years. The market situation has continued to improve, and the top of the sales pipeline has picked up considerably. We expect this to start reflecting in the company’s growth over the course of next year. In light of this, the stock’s valuation (2027e EV/EBIT 10x) remains very attractive.