QPR Software Oyj
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QPR Software Plc has announced proposals from its Shareholders' Nomination Board for the upcoming Annual General Meeting on June 18, 2025. The Nomination Board, comprising representatives of the company's three largest shareholders, is chaired by Roger Kempe. They propose maintaining the number of Board members at four, with Pertti Ervi, Antti Koskela, Linda von Schantz, and Jukka Tapaninen nominated for re-election. Pertti Ervi is also proposed for re-election as Chairman. The Board members' remuneration is suggested to remain unchanged, with the Chairman receiving EUR 45,000 annually and other members EUR 25,000, paid partly in shares and cash. The Board members will also be reimbursed for travel and other expenses. QPR Software is a leader in Digital Twin of an Organization (DTO) technology and process mining software, providing solutions for analyzing and modeling business operations.
QPR Software Plc announced that a major European telecommunications operator has chosen its QPR ProcessAnalyzer as a process mining tool to improve business operations. This tool provides real-time insights into business processes, enhancing performance and regulatory compliance. Notably, QPR ProcessAnalyzer is the only process mining tool that integrates with the customer's data platform, Snowflake AI Data Cloud, allowing for direct data source analysis and reducing data transfer needs. Matti Erkheikki, Chief Product Officer, emphasized the benefits of this integration for analytics, scalability, and security. CEO Heikki Veijola expressed pride in supporting the telecom operator's digital transformation and highlighted the competitive advantage of their solution. QPR Software is recognized for its advanced process mining software and consulting services.
OPR Software Plc released a stock exchange announcement on December 20, 2024, regarding a transaction notification under Article 19 of the EU Market Abuse Regulation. The notification involves Taru Mäkinen, the Chief Financial Officer of QPR Software Oyj. The transaction, dated December 19, 2024, was conducted outside a trading venue and pertains to the acceptance of a stock option linked to the QPR Software Stock Option Plan 2022/2023/2024A. The transaction involved a total volume of 300,470 options with a volume-weighted average price of 0 EUR. QPR Software, listed on Nasdaq Helsinki, specializes in Digital Twin of an Organization (DTO) and process mining software, offering both software solutions and consulting services. For more information, Heikki Veijola, the CEO of QPR Software Plc, can be contacted.
QPR Software has secured new contracts in Saudi Arabia, with a leading manufacturing company choosing QPR ProcessAnalyzer for business process improvement and a government entity selecting QPR Metrics for performance monitoring and strategy execution. These agreements highlight QPR's expanding presence in the Saudi market. One contract was made directly, while the other was facilitated by local partner Leaders Solutions, whose expertise was crucial. The agreements align with Saudi Arabia's Vision 2030, which aims to diversify the economy and enhance public services through digitalization. QPR's CEO, Heikki Veijola, and VP Middle East, Tero Aspinen, emphasize the importance of digitalization in the region's growth. QPR continues to focus on helping clients improve processes and performance globally, with the Middle East being a strategic market. QPR Software is a leader in process mining and Digital Twin of an Organization technology, offering software and consulting services.
QPR Software Plc announced that a prominent financial company in Saudi Arabia has chosen its QPR ProcessAnalyzer as their process mining solution to improve operational transparency, streamline processes, and enhance customer experiences. The agreement was facilitated by QPR's local partner, Botteq, whose expertise was crucial to the decision. Botteq's CEO, Odeh Mahmoud, expressed pride in the partnership, highlighting the potential for clients to better utilize their data. Tero Aspinen, QPR's Vice President for the Middle East, emphasized the significance of the collaboration in promoting operational excellence and innovation in the region. QPR Software is recognized for its advanced process mining software and consulting services.
A leading U.S. finance company has selected QPR ProcessAnalyzer as its process mining solution to enhance customer service and sales processes. This tool provides real-time insights into business processes, aiding strategic decision-making and operational efficiency. It is the only process mining software that integrates with the Snowflake AI Data Cloud, allowing for direct data source analytics. The partnership was facilitated by QPR's U.S. partner, Cognitio Analytics, whose expertise was crucial. Executives from both companies expressed enthusiasm about the collaboration and its potential benefits. QPR Software, listed on Nasdaq Helsinki, specializes in process mining and digital organizational analysis, offering software and consulting services.
QPR Software Plc issued a correction to a previous stock exchange release regarding its 2025 financial calendar. The original release, published on October 25, 2024, contained an error in the weekday for the annual report publication date. The corrected schedule states that QPR will release its financial statement bulletin, activity report, audit report, and corporate governance report for 2024 on Friday, February 14, 2025. The annual report for 2024 will be published on Thursday, April 3, 2025. The Annual General Meeting for 2025 is scheduled for Wednesday, June 18, 2025, with an invitation to be issued later. QPR Software is a prominent company in digital organization modeling and process mining, offering software and consulting services.
QPR Software Oyj issued a correction to a previous stock exchange release regarding their 2025 financial calendar, which listed the planned publication dates for financial reports. The Finnish version of the release contained an error in the publication date of the annual report, but the English version had the correct date. The corrected Finnish release states that the financial statement bulletin, management report, audit report, and governance report for the fiscal year 2024 will be published on Friday, February 14, 2025. The 2024 annual report will be released on Friday, April 3, 2025. The 2025 Annual General Meeting is scheduled for Wednesday, June 18, 2025, with a formal invitation to follow. QPR Software, listed on Nasdaq Helsinki, specializes in Digital Twin of an Organization (DTO) technology and is a leading process mining software company. They offer software for analyzing, monitoring, and modeling organizational operations, along with expert consulting services.
QPR Software Plc has released its financial calendar for 2025. The company plans to publish three interim reports during the year. The financial statement bulletin, activity report, audit report, and corporate governance report for 2024 will be released on February 14, 2025. The annual report for 2024 is scheduled for release on April 3, 2025. The Annual General Meeting for 2025 is planned for June 18, 2025, with an invitation to be issued later. QPR Software is a leader in Digital Twin of an Organization (DTO) and process mining software, providing both software solutions and consulting services.
QPR Software Plc's interim report for January-September 2024 highlights growth in SaaS net sales, contributing to improved profitability for the eighth consecutive quarter. A key achievement in Q3 was securing a contract with a global luxury brand. Despite a modest growth rate due to a slow market recovery, the company's strategic focus on strengthening customer relationships and expanding its partner network supports long-term growth. SaaS revenue increased by 15%, while software revenue decreased by 3% due to deal timing. Overall revenue declined following the discontinuation of external consulting services in Finland. The company's EBITDA improved to EUR 269,000, an 11% increase from the previous year. The report also notes advancements in product development, particularly the QPR ProcessAnalyzer, and an emphasis on developing the international partner network. Financially, the company saw a decrease in net sales by 22% compared to the previous year, attributed to the discontinuation of non-core consulting services. Recurring revenue increased, with SaaS net sales showing a 15% growth. The company's financial position remains fair, with ongoing efforts to manage costs and improve cash flow. QPR Software aims to continue leveraging its strengths and strategic partnerships to achieve long-term growth goals.