LeadDesk announced the sale of its minority stake in Profinder to Ilkka Oyj for EUR 2.5 million, significantly exceeding its balance sheet valuation (EUR 0.9 million). The transaction strengthens LeadDesk’s net cash position and increases the share value by approximately EUR 0.4 per share. The price paid for Profinder, EV/Revenue 3x, is notably higher than LeadDesk’s own valuation. The deal does not affect the company’s positive outlook, and LeadDesk is now fully divested from the target group data business.