Admicom

We sold our whole Admicom stock. Admicom stock was very attractive when we bought it terms on return expectation, but the share price has risen since significantly and the business is not performing as well as we had hoped. The valuation of Admicom is too high to expect any significant returns in the short term and there are much better places to put the money at the moment, even in the Finnish stock market. However, we might invest the money to some ETF also or keep it as cash for a while. The profit from Admicom was 257e or 42%. This was a huge success. Only a shame that we did not have more money in this. We originally bough Admicom in August 2023 so we also got a very nice annualized return.