Verkkokauppa.com (VERK) AGM 2026 summary

Opening remarks and agenda

• Arja Talma opened the virtual AGM on 14 April 2026; the meeting was conducted in Finnish.

Financial performance review

• FY2025 revenue rose 12.5% to €526.5 million; comparable EBIT increased to €14.8 million from €1.8 million, and EPS reached €0.27.

• Improved gross margin and cost efficiency supported profitability; Q4 revenue growth exceeded 20%.

• The consumer finance business was sold in Q3; year-end cash was €47.3 million and the equity ratio was 23.1%.

• International sales grew 51%, driven mainly by the Nordics and select Central European markets.

Board and executive committee updates

• Seven directors were re-elected: Robin Bade, Henrik Pankakoski, Kati Riikonen, Irmeli Rytkönen, Samuli Seppälä, Enel Sintonen and Arja Talma.

• Arja Talma was elected Board Chair and Kati Riikonen Vice Chair; Enel Sintonen chairs the Audit Committee and Talma the Remuneration Committee.

• Ville Sammalkorpi became Chief Strategy and Technology Officer in March; Juha Valtonen was set to start as Commercial Director later in 2026.

• The Board deemed six directors independent; Samuli Seppälä was deemed non-independent due to tenure, founder and former CEO roles, and significant shareholding.