Ailleron Group maintains stable EBITDA and grows 6% y/y

Key highlights for Ailleron Group for the first nine months of 2025:

1. Stable financial performance: Revenue: PLN 417.9 million (+6% y/y); EBITDA: PLN 55.1 million; Net profit: +25% y/y
2. Intense international exposure: 77% of revenue from exports; Dynamic growth in the US and European markets
3. Technology Services as the key growth driver: Revenue: PLN 367 million (+7% y/y); 12% operating margin; Scaling through acquisitions
4. Improved efficiency in FinTech: Revenue: PLN 49.1 million; Streamlined cost structure after excluding one-off items
5. Robust liquidity: PLN 69.5 million in cash; Investment flexibility and a stable customer base

Ailleron Group closed the first nine months of 2025 with sales revenue of PLN 417.9 million, representing a 6% year-on-year increase. EBITDA remained stable at PLN 55.1 million, while net profit rose by 25% y/y to PLN 43.3 million. The results confirm the Group’s operational resilience despite increasing costs and one-off impacts.

Strong position in international markets

The Group’s export sales increased to PLN 322.7 million, accounting for 77% of total revenue. This is the result of consistent expansion across the USA, Europe, the UK and Asia, particularly within the Technology Services segment, which now represents 88% of Group revenue. Compared with the same period in 2024, export sales increased by PLN 15.9 million in nominal terms.

We consistently execute our global expansion strategy, strengthening our presence in key markets. Our goal is to further scale our operations in the area of technology services. At the same time, we invest in capabilities and innovation to ensure sustainable growth and a competitive edge.

Technology Services as the main driver of growth and profitability

The Technology Services segment, delivered through Software Mind, generated PLN 367 million in revenue after the first nine months of 2025 (+7% y/y) and approximately PLN 42,3 million in operating profit, achieving a 12% operating margin. Software Mind provides software engineering teams for the financial services, telecommunications, e-commerce, healthcare and online sports betting sectors, supporting clients in accelerating their digital transformation.

Long-term partnerships in Europe are strengthening the company’s expansion in North America, including Silicon Valley. Software Mind is scaling its operations through acquisitions of software houses in the CEE and LATAM regions, expanding access to high-quality specialists working in nearshore models.

FinTech segment with improved efficiency

The FinTech segment, delivered by Ailleron, recorded PLN 49.1 million in revenue. The company improved operational efficiency after excluding the one-off settlement with Pekao SA recorded in 2024.

Despite a demanding market environment, we achieved stable operating results. This is the outcome of consistent cost discipline and effective cash-flow management. We also maintain a satisfactory level of profitability that enables the safe execution of our growth strategy.

Stable financial position and outlook

Cash and cash equivalents at the end of September 2025 amounted to PLN 69.5 million, providing the Group with flexibility to continue investments, including potential acquisitions. A stable customer base and sustained demand for cloud technologies, AI/ML solutions and process automation support strong demand prospects for the coming quarters.

Ailleron continues to pursue its strategy of focusing growth on high-margin areas and on markets that generate predictable, recurring revenue streams.

The interim report for the 9 months of 2025 is available for download here. (Polish only)

Ailleron SA is a capital group listed on the Warsaw Stock Exchange. Its subsidiary Software Mind provides software development services to innovative companies from Western Europe and the United States (including from Silicon Valley) 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, FinTech and other organizations, mainly in the financial industry in Europe and Southeast Asia. It creates innovative IT solutions based on cloud technology and artificial intelligence. Ailleron’s clients include banks such as CitiBank, ING, Santander, BNP Paribas, Standard Chartered and Credit Agricole. With a global reach spanning over 40 countries, the Ailleron Group serves more than 200 clients and employs a strong team of over 1,800 specialists. International markets contribute to a remarkable 75% of the Group’s revenue, demonstrating its truly global impact.