Asseco Business Solutions (ABS) Q3 2025 earnings summary

Executive summary

• Operating revenues for the nine months ended 30 September 2025 increased by 8.8% year-over-year to PLN 329,436 thousand, driven by higher sales of proprietary products in both domestic and foreign markets.

• Net profit attributable to shareholders rose 12.2% year-over-year to PLN 83,887 thousand, reflecting improved sales and cost management.

• The Group acquired a 60% stake in Tax Order Sp. z o.o., consolidating it from March 2025, which contributed to an increase in goodwill.

Financial highlights

• EBIT for the nine months was PLN 90,608 thousand, up 8.6% year-over-year; EBITDA reached PLN 120,728 thousand, up 6.4%.

• Gross margin on sales improved to 41.7% from 40.6% year-over-year; net margin increased to 25.4% from 24.7%.

• Net cash from operating activities was PLN 112,038 thousand, while cash and cash equivalents at period end dropped to PLN 11,074 thousand from PLN 40,923 thousand at year-end 2024.

• Dividend of PLN 3.30 per share was paid in June 2025, totaling PLN 110,280 thousand.

Outlook and guidance

• Management considers the Group’s financial situation stable, with strong production potential and market position.

• Key risks for the next quarter include geopolitical developments, regulatory changes, competition, labor costs, and IT market investment cycles.