Ailleron Summarizes 2025 – Stable Performance and Consistent Growth Despite Currency Challenges

The Ailleron Group closed 2025 with consolidated revenues of PLN 580.2 million (+4.2% YoY) and net profit of PLN 57.8 million (+8.8% YoY), confirming the resilience of its business model despite weak sentiment in the IT industry and significant currency fluctuations.

The Group generated PLN 82.7 million in EBITDA and PLN 58.9 million in operating profit, maintaining solid profitability in a demanding macroeconomic environment. In currency-adjusted terms, sales grew faster than reported in PLN, with export revenues reaching PLN 432.6 million. In 2025, the strengthening of the Polish złoty reduced reported revenues by approximately PLN 17.6 million.

The largest contribution to the results came from the Technology Services segment (Software Mind), which generated PLN 511.5 million in revenue (+6.9% YoY) and EBITDA of PLN 75.8 million, resulting in an EBITDA margin of approximately 14.8%. The segment already accounts for more than 88% of the Group’s revenues and remains its main growth driver.

In 2025, the Company delivered another implementation in North America, strengthening its presence outside Europe and confirming its ability to execute large-scale technology projects.

Meanwhile, the FinTech segment generated PLN 66.4 million in revenue and PLN 5.2 million in EBITDA. In the past year, Ailleron signed an agreement with Bank Millennium to implement the LiveBank platform, strengthening its position in digital customer service solutions for financial institutions. At the same time, the Company launched an implementation project for one of Canada’s five largest banks.

We maintained growth and improved profitability despite the challenging macroeconomic environment. We consistently expanded our international operations. The Technology Services segment remains our key growth area, and our stable financial position provides us with the flexibility to make further strategic decisions.

The Company is observing growing interest in projects leveraging AI capabilities, further digitalization of processes, and building competitive advantage through enhanced customer experience. Financial institutions are placing increasing emphasis on service hyper-personalization, consistency across service channels, and the quality of end-user interactions, while simultaneously ensuring regulatory compliance.

We see that clients are increasingly exploring the use of AI agents for process automation, data management, service hyper-personalization, and the development of conversational banking. Artificial intelligence is becoming a key topic in strategic discussions – not only in terms of operational efficiency, but above all in enhancing customer experience and creating more natural, consistent interactions across digital channels. At the same time, regulatory changes are increasing the importance of stable, secure, and compliant technology solutions. Today, IT systems must combine regulatory compliance with real support for the customer experience, which is shaping the direction of our further development and our collaboration with clients.

The Company assesses its business situation as stable. The Group has a diversified client base, reports no financial liquidity issues, and has a majority of receivables settled on time. Many clients continue to recognize an increased need for IT development and modernization of their existing systems.

In the past year, Ailleron signed an agreement with Bank Millennium to implement the LiveBank system – the Company’s flagship solution for remote customer service – strengthening its position in the financial sector. 2025 was also a period of streamlining the Group’s structure and focusing on key areas of technology operations. Measures were taken to simplify the capital structure and enhance operational transparency. At the same time, there have been changes to the Company’s Management Board: since January 2026, Tomasz Król has held the position of President of the Management Board, and Kamil Portka has become a member of the Management Board and Head of Products.

Ailleron is analyzing strategic options for its subsidiary Software Mind, focusing on further international expansion and maximizing shareholder value.

The full 2025 annual report is available in the Investor Relations section of the Company’s website.

Overview of the Ailleron Group’s 2025 Performance

• Financial performance:
  • Revenue of PLN 580.2 million (+4.2% YoY) – the Group maintained stable growth despite a challenging IT market. Adjusted for currency, sales growth was higher, but the stronger złoty reduced reported revenue by around PLN 17.6 million.
  • EBITDA of PLN 82.7 million – operational profitability remained strong despite cost pressures and unfavorable exchange rate effects.
  • Operating profit of PLN 58.9 million – the operating result confirms the stability of the business model and the strong contribution of the Technology Services segment
  • Net profit of PLN 57.8 million (+8.8% YoY) – year-on-year improvement reflects increased financial efficiency despite a tougher macroeconomic environment.
  • Export revenue of PLN 432.6 million – international sales continue to be a key driver of the Group’s performance.

• Technology Services segment (Software Mind):
  • Revenue of PLN 511.5 million (+6.9% YoY) – the main growth driver, accounting for over 88% of the Group’s total revenue.
  • EBITDA of PLN 75.8 million and operating profit of PLN 61.6 million – high margins demonstrate the effectiveness of the nearshore model and the expanding scale of international operations.
  • North American Expansion – in 2025, another project was delivered in North America, strengthening the Group’s presence outside Europe.

• FinTech segment:
  • Revenue of PLN 66.4 million and EBITDA of PLN 5.2 million – maintained operational stability in a demanding financial sector environment.
  • Bank Millennium LiveBank agreement – signing the contract confirms the competitiveness of Ailleron’s flagship digital customer service solution.

• Key organizational developments:
  • Streamlining the Group and focusing on core technology areas, simplifying capital and operational structures to enhance transparency.
  • Management Board updates – since January 2026, Tomasz Król has held the position of President of the Management Board.
  • Strategic options analysis – actions are underway to further strengthen the Group’s international position and maximize shareholder value.

Ailleron S.A. is a capital group listed on the Warsaw Stock Exchange. Its subsidiary Software Mind provides software development services to innovative companies across Western Europe and the United States (including Silicon Valley enterprises) and, under the Amplitiv brand, to the telecommunications industry. Software Mind is developed jointly with Enterprise Investors – one of the largest private equity funds in Central and Eastern Europe. Ailleron focuses on comprehensive software development services for banks, leasing companies, fintechs, and other organizations, primarily in Europe and Southeast Asia. The company develops innovative IT solutions powered by cloud technology and artificial intelligence. Ailleron’s clients include banks such as Citibank, ING, Santander, BNP Paribas, Standard Chartered, and Credit Agricole. Ailleron’s clients include banks such as Santander, Citibank, BNP Paribas, and Standard Chartered. The Ailleron Group provides services to more than 200 clients in 40 countries and employs over 1,800 specialists in Europe, the United States, and South America. Nearly 78% of the Group’s revenue comes from international markets.