Asseco Business Solutions (ABS) H2 2025 earnings summary

Executive summary

• Revenue for 2025 reached PLN 476.8 million, up 11% year-over-year, with net profit at PLN 132.7 million, a 15% increase from 2024.

• The ERP segment accounted for 96% of total revenue, with significant growth in both domestic and international markets.

• Acquisition of a 60% stake in Tax Order Sp. z o.o. was completed, expanding the group’s product portfolio.

Financial highlights

• Operating profit rose to PLN 144.6 million from PLN 124.1 million year-over-year.

• EBITDA and gross margin improved, with cost of sales at PLN 265.4 million and operating expenses well managed.

• Cash and deposits at year-end totaled PLN 80.6 million, up from PLN 40.9 million.

• Dividend payout for 2024 was PLN 110.3 million (PLN 3.30 per share), with a further PLN 4.7 million allocated to reserves.

Outlook and guidance

• Management expects continued growth in ERP solutions, with a strong order backlog and ongoing investments in R&D.

• No material impact from the war in Ukraine or climate change on operations or financials is anticipated.