QPR Software Oyj

On September 11, 2024, QPR Software Plc released a notification under Article 19 of the EU Market Abuse Regulation regarding a transaction by Sanna Salo, a senior manager. The transaction, dated September 10, 2024, involved the acceptance of a stock option linked to the QPR Software option program. The transaction volume was 64,800 units at a unit price of 0 EUR. For further details, contact CEO Heikki Veijola. QPR Software is a leading company in Digital Twin of an Organization (DTO) and process mining software, providing both software and consulting services.

QPR Software Plc has released a transaction notification under Article 19 of the EU Market Abuse Regulation. The notification pertains to Mika Maliniemi, a senior manager at QPR Software Oyj, who accepted a stock option linked to the company's stock option program on September 10, 2024. The transaction involved 64,800 units at a unit price of 0 EUR. For further information, Heikki Veijola, the CEO of QPR Software Plc, can be contacted. QPR Software is noted for its expertise in Digital Twin of an Organization (DTO) and process mining software, providing both software solutions and consulting services.

OPR Software PLC released a stock exchange announcement on September 11, 2024, at 4 p.m. EET, detailing a transaction notification under Article 19 of the EU Market Abuse Regulation. The notification pertains to Teemu Lehto, a senior manager at QPR Software Oyj, who accepted a stock option (QPR Software optio-oikeus 2024 A) on September 10, 2024, outside a trading venue. The transaction involved 64,800 units at a unit price of 0 EUR. For further information, Heikki Veijola, CEO of QPR Software Plc, can be contacted. QPR Software is noted for its expertise in Digital Twin of an Organization (DTO) and process mining software, and provides both software and consulting services.

OPR Software PLC released a stock exchange notification on 11 September 2024 regarding a transaction under Article 19 of the EU Market Abuse Regulation. The notification pertains to Matti Erkheikki, a senior manager at QPR Software Oyj, who accepted a stock option linked to the company's stock option program on 10 September 2024. The transaction involved 64,800 units at a unit price of 0 EUR. For further information, Heikki Veijola, CEO of QPR Software Plc, can be contacted. QPR Software, listed on Nasdaq Helsinki, specializes in Digital Twin of an Organization (DTO) and process mining software, providing both software and consulting services.

On September 11, 2024, QPR Software Plc released a notification under Article 19 of the EU Market Abuse Regulation. The notification concerns a transaction by Antti Kivalo, a senior manager at QPR Software Oyj, involving the acceptance of a stock option linked to the company's stock option program. The transaction, dated September 10, 2024, involved 64,800 units at a unit price of 0 EUR. For more information, contact Heikki Veijola, CEO of QPR Software Plc. QPR Software is a leading company in process mining software and Digital Twin of an Organization (DTO) use cases, providing software and consulting services to optimize organizational operations.

OPR Software Plc released a stock exchange notification on September 11, 2024, at 4 p.m. EET, regarding a transaction under Article 19 of the EU Market Abuse Regulation. The notification concerns Tero Aspinen, a senior manager at QPR Software Oyj. The transaction, which took place on September 10, 2024, outside a trading venue, involved the acceptance of a stock option linked to QPR Software's option program 2024 A. The transaction details include a volume of 64,800 units at a unit price of 0 EUR. For more information, contact Heikki Veijola, CEO of QPR Software Plc. QPR Software is a leading company in Digital Twin of an Organization (DTO) use cases and advanced process mining software, providing software and consulting services.

OPR Software PLC released a stock exchange notification on September 11, 2024, at 4 p.m. EET, under Article 19 of the EU Market Abuse Regulation. The notification concerns Heikki Veijola, the Chief Executive Officer of QPR Software Oyj. The transaction, which took place on September 10, 2024, outside a trading venue, involved the acceptance of a stock option linked to the company's stock option program. The transaction volume was 122,400 units at a unit price of 0 EUR. For further information, Heikki Veijola can be contacted at +358 40 922 6029. QPR Software, listed on Nasdaq Helsinki, specializes in Digital Twin of an Organization (DTO) and process mining software, providing both software and consulting services.

QPR Software Plc's Board of Directors has approved a new stock option plan for key personnel, as authorized by the Annual General Meeting on May 15, 2024. The plan aims to incentivize and retain key employees by allowing them to subscribe to up to 1,800,000 shares. The options are divided into three categories: 720,000 for 2024 A, 540,000 for 2024 B, and 540,000 for 2024 C. The share subscription prices will be based on the average trading price on Nasdaq Helsinki, with specific dates for each category. The subscription period and other details are outlined in the terms and conditions available on the company's website. The theoretical market value of the 2024 A options is approximately EUR 151,200. For further information, contact CEO Heikki Veijola. QPR Software specializes in Digital Twin of an Organization (DTO) and process mining software.

QPR Software Plc's half-year report for January-June 2024 highlights growth in SaaS and software revenue, with the company's turnaround progressing as planned. Key developments include several partnership agreements in North America, contributing to a 15% increase in SaaS revenue and a 13% rise in software revenue for April-June 2024. Total revenue declined due to the discontinuation of non-core consulting services in Finland. The company's EBITDA was positive at 181 thousand euros, an improvement from the previous year. The outlook for 2024 remains unchanged, with expectations for double-digit growth in SaaS net sales and an overall increase in software net sales. The operating result is anticipated to improve significantly compared to 2023. CEO Heikki Veijola noted significant milestones, including expanding agreements with existing clients, increasing the international partner network, and acquiring new customers. The company's strategy focuses on strengthening its global partner network, particularly in North America, and leveraging its QPR ProcessAnalyzer software's integration with the Snowflake AI Data Cloud service. Financially, the group's EBITDA for January-June 2024 improved to 476 thousand euros, with operating profit also showing a positive trend. The company's cash flow from operations was negative, influenced by seasonal billing and higher sales commissions. The equity ratio improved to 11% due to better results and a share issue in 2023. QPR continues to innovate in Digital Twin of an Organization (DTO) technology, with significant investments in product development. Personnel numbers decreased to 29 employees by the end of the review period, with ongoing cost-saving measures expected to show full impact by the third quarter of 2024. Governance updates include the re-election of board members and the appointment of a new CFO, Taru Mäkinen, starting in October 2024. The company also moved to new premises in Espoo to better align with its current business needs. The report complies with IAS 34 requirements, and the financial position is considered stable, with the report prepared on a going concern basis.

QPR Software Plc has appointed Taru Mäkinen as its new Chief Financial Officer, effective October. Mäkinen, who has over 20 years of experience in financial management, will replace the current CFO, Mervi Kerkelä-Hiltunen, who is leaving the company. Mäkinen previously served as CFO at Casambi Technologies Oy and Efecte Plc. CEO Heikki Veijola expressed confidence in Mäkinen's ability to contribute to the company's growth strategy and financial performance. Mäkinen stated her enthusiasm for joining QPR Software and supporting its strategic objectives. QPR Software is a leading company in Digital Twin of an Organization (DTO) and process mining software, providing both software and consulting services.