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Asseco Poland SA
OTC:ASOZF

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Asseco Poland SA
OTC:ASOZF
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Price: 62.69 USD Market Closed
Market Cap: 5.1B USD

Asseco Poland SA
Investor Relations

In the vibrant tapestry of Poland’s burgeoning tech industry, Asseco Poland SA stands as a prominent figure, woven with threads of innovation and strategic acumen. Born in 1991 in Rzeszów, this company evolved from modest beginnings into Poland's largest software house and a formidable force in the European IT sector. Asseco is recognized for its prowess in developing robust solutions tailored to diverse industries such as banking, healthcare, and public administration. The company has carved out a substantial niche by focusing on the localization of software products, which allows it to cater precisely to the needs of various national markets. Through its decentralized structure, Asseco empowers local subsidiaries, ensuring each entity possesses the agility and entrepreneurial spirit to meet specific client demands.

Revenue streams for Asseco Poland flow from a well-diversified portfolio of products and services. At its core, Asseco leverages its software expertise to not only build custom IT solutions but also to offer long-term maintenance and support, thus establishing enduring client relationships. These engagements often lead to recurring revenue, which forms the backbone of the company’s financial stability. Furthermore, Asseco's strategic mergers and acquisitions across Europe and beyond have been crucial in expanding its footprint while integrating diverse technologies and business practices. This strategy not only boosts its market presence but also broadens its product offerings, ensuring that Asseco remains at the forefront of technological advancement and industry trends. As a result, Asseco Poland SA consistently thrives in a competitive landscape, crafting tailored solutions that address both current and emerging IT challenges.

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Last Earnings Call
Fiscal Period
Q1 2025
Call Date
May 27, 2025
AI Summary
Q1 2025

Strong Growth: Asseco delivered an 8% year-on-year revenue increase in Q1 2025, reaching PLN 4.6 billion, and net profit rose 9% to PLN 136 million.

Margin Improvement: Profitability improved across all major segments, driven by a catch-up effect from previously incurred costs and stable labor expenses.

M&A Activity: The group expanded with 8 new acquisitions, continuing its strategy of growth through M&A.

Public Sector Strength: Solutions for public institutions grew nearly 20%, the fastest among product groups.

Cash & Debt: Over PLN 3 billion in cash and stable debt levels were reported, with strong cash conversion metrics.

Order Backlog: The 2025 backlog reached PLN 12.5 billion, up double digits across core segments.

Guidance: Management did not provide specific future earnings guidance and expects stable performance rather than further margin jumps.

Key Financials
Revenue
PLN 4.6 billion
Net Profit
PLN 136 million
Non-IFRS Operating Profit
PLN 565 million
Non-IFRS Net Profit
PLN 156 million
Order Backlog (2025)
PLN 12.5 billion
Cash
over PLN 3 billion
Proprietary Software and Services Revenue
PLN 3.6 billion
Non-IFRS EBITDA
PLN 712 million
Other Earnings Calls
2025
2024
2020

Management

Mr. Adam Tadeusz Goral Ph.D.
Founder, President of Management Board, CEO & President
No Bio Available
Ms. Gabriela Zukowicz
Vice President of Management Board
No Bio Available
Mr. Slawomir Szmytkowski
Vice President of the Management Board
No Bio Available

Contacts

Address
WOJ. PODKARPACKIE
Rzeszow
Olchowa 14
Contacts
+48178885555.0
pl.asseco.com