Easor (EASOR) investor relations material

Scale and market

• 15,000+ SME customers, 60,000+ end users, 550+ partner accounting offices, 140+ employees and 10+ million annual invoicing transactions across Finland, Sweden, Spain and Italy.

• Estimated relevant market size is €2–3bn; the four-country financial management market totals €25.7bn across 12.948m companies and 133,500 accounting offices.

• Market shifts include AI automation, mandatory e-invoicing in Europe during 2026–28 and fragmented accounting markets; 70–90% of European accounting offices are 1–2 person firms.

Strategy and business model

• The strategy is to renew accounting offices of all sizes, without customization, across Finland, Sweden, Spain and Italy; the value proposition combines growth, profitability and customer satisfaction.

• AI and automation handle routine work while accounting offices retain responsibility, provide advice and support entrepreneurs, positioning the platform as an enabler rather than a replacement.

• Invoicing is tied to customer companies and transactions, not user seats; integrations are free and usage is billed, aligning revenue with partner growth.

Product and AI

• Entrepreneurs and accountants use one service with shared, real-time information; the entrepreneur app supports invoices, receipts, reports and accountant collaboration.

• The portfolio includes entrepreneur apps in Finland, Spain and Sweden; the Italy app was under development for Q4 2026, while the accounting-office hub full version was also targeted for Q4 2026.

• More than 400 systems are connected; open interfaces support authorized AI agents, with WebMCP in production and MCP in pilot.

• Automation is reported at 80%, potentially rising to 100%; accounting is 4x faster than the accounting-office average, based on internal research after implementation.

• More than 25m accounting transactions are collected, stored and structured annually; automation dates to 2003 and AI to 2016, with AI posting and document interpretation in production.