Passus S.A.

Passus S.A. Launches Long-Term Incentive Program for Management and Employees

Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, has announced the implementation of a comprehensive long-term incentive program for its management team, employees, and collaborators. The program, approved during the company’s Ordinary General Meeting on June 10, 2026, aims to align the interests of key stakeholders with the company’s strategic goals and shareholder value.

The incentive program, set to run from 2026 to 2029, will allocate up to 76,000 company shares to members of the management board and 74,000 shares to employees and collaborators. Eligibility for share acquisition is contingent upon achieving specific financial targets. For the 2026-2027 period, Passus S.A. aims to reach consolidated sales revenues of at least PLN 300 million and an EBITDA of PLN 35 million. For 2028-2029, the targets are set at PLN 375 million in sales revenues and PLN 40 million in EBITDA. Acquired shares will be subject to a lock-up period until December 31, 2030.

Individual participants in the program will be assigned tailored financial or operational goals based on their roles and responsibilities. The initiative underscores Passus S.A.’s commitment to fostering long-term collaboration and driving sustainable growth by incentivizing performance and aligning employee interests with corporate objectives.

Relevance to Passus S.A. Profile: This development highlights Passus S.A.’s strategic focus on achieving ambitious financial growth targets and fostering employee engagement, which aligns with its expertise in delivering high-end IT solutions and consulting services to large enterprises.

Passus S.A. Announces Dividend Distribution for 2026

Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, has announced the decision to distribute a dividend of PLN 4,035,622.50, equivalent to PLN 2.50 per share, following the resolution passed during the Ordinary General Meeting of Shareholders on June 10, 2026. The dividend will cover all 1,614,249 shares of the company. The record date for the dividend is set for June 25, 2026, with the payment scheduled for July 2, 2026.

This announcement underscores Passus S.A.'s financial stability and commitment to delivering value to its shareholders, aligning with its profile as a trusted partner in IT solutions and services for large enterprises and government projects.

Chaos Gears Secures Increased Credit Limit to Boost Operations

Warsaw-based IT integrator Passus S.A. has announced that its subsidiary, Chaos Gears S.A., in which Passus holds a 52.6% stake, has signed an amendment to its credit agreement with ING Bank Śląski S.A. The amendment raises the available credit limit to PLN 3.9 million, earmarked for financing ongoing operations, and extends the agreement's validity until June 28, 2027. The loan is secured by an Investmax guarantee covering 80% of the credit amount.

This development underscores Passus S.A.'s commitment to strengthening its subsidiary's financial stability, ensuring continued growth and operational efficiency in delivering advanced IT solutions.

Passus S.A. Secures Framework Agreement for SIEM/SOAR Solutions with Public Sector Institution

Warsaw-based IT integrator Passus S.A. has signed a significant framework agreement with a public sector institution for the delivery of advanced Security Information and Event Management (SIEM) and Security Orchestration, Automation, and Response (SOAR) solutions, along with accompanying services. The maximum gross remuneration for the contract is set at PLN 79,954,674, with the agreement spanning a period of 36 months from the signing date, May 8, 2026. The contract also allows for a potential extension of up to three months if the maximum remuneration is not fully utilized within the initial term.

The agreement will be executed through individual implementation contracts, with payment terms set at 30 calendar days following the completion and acceptance of each project. The contract includes penalty clauses, with cumulative penalties capped at 20% of the gross remuneration for the framework agreement and 30% for individual implementation contracts. Passus S.A. has highlighted the strategic importance of this agreement, citing its potential impact on the company's financial performance.

This development underscores Passus S.A.'s expertise in delivering cutting-edge cybersecurity solutions and its strong positioning in the public sector IT market. The deal aligns with the company's focus on providing advanced IT systems for large enterprises and government institutions, as well as its commitment to maintaining top-tier partnerships with global technology vendors.

Passus S.A. Secures $10.45 Million Contract for Operational Data Monitoring Software in Financial Sector

Warsaw-based IT integrator Passus S.A. has announced the acquisition of a significant contract from a financial sector client for the delivery of a 5-year software license for operational data analysis and monitoring. The total value of the agreement amounts to $10,447,152 net, to be paid in five annual installments. The first payment is due within 10 business days of the order, with subsequent payments scheduled annually on June 1, starting in 2027. The license will be valid from June 1, 2026, to May 31, 2031, with delivery of the software license expected within five business days of the order date.

The management of Passus S.A. has classified this order as significant due to its expected positive impact on the company’s financial performance over the next five years.

Relevance to Passus S.A.: This contract aligns with Passus S.A.'s core expertise in IT performance analytics and monitoring solutions, further solidifying its position as a key technology provider for large enterprises in Poland and the EU.

Fabrity Targets Growth in Critical IT Services and AI Innovations for 2026

Fabrity SA has announced its strategic focus on expanding critical IT services and leveraging artificial intelligence (AI) to drive growth in 2026. During a recent press conference, Vice President Rafał Graboś highlighted the company's success in securing significant public tenders in 2025, particularly in cybersecurity, data engineering, and cloud services. Key clients include Frontex and PKP PLK, with the latter contributing to a lucrative framework agreement worth PLN 28.4 million. Despite a 10.2% decline in revenue in 2025 due to delays in tender processes, Fabrity has laid a strong foundation for future growth.

The company aims to capitalize on increasing demand for AI-driven solutions in industrial sectors, focusing on production quality assurance, energy optimization, and data analytics. Fabrity also plans to expand geographically into the Polish market, the DACH region, and the UK. Public sector opportunities remain a priority, with continued tender activity in 2026 targeting regulated sectors and critical infrastructure. The company is also emphasizing operational efficiency, cost discipline, and strategic investments in AI as a transformative force in IT services.

Fabrity's 2025 financial performance included a revenue of PLN 67.1 million (down 10.2% year-on-year), an operating profit of PLN 4.3 million, and a net profit of PLN 3.9 million. The company distributed a dividend of PLN 8.3 million in 2025. Despite a 13% reduction in workforce, Fabrity is focusing on enhancing employee competencies to align with its strategic goals.

Relevance to Passus S.A.

This article is relevant to Passus S.A. as it highlights trends in public-sector IT procurements, the growing demand for cybersecurity and AI-driven solutions, and the strategic importance of critical infrastructure services—all areas aligned with Passus's expertise and market focus.

Passus S.A. Achieves Record Revenues and Strengthens Cloud & Cybersecurity Leadership in 2025

Passus S.A., a leading Polish IT integrator, reported a record-breaking year in 2025, with consolidated sales revenues reaching PLN 123.3 million, marking a 15% year-on-year growth. The Group’s EBITDA stood at PLN 14.8 million, and net profit from continuing operations was PLN 11.3 million, confirming sustained profitability amid expanding operations.

The company’s performance was driven by robust demand for cybersecurity and cloud solutions, especially in regulated sectors. Passus continued to adapt its cybersecurity portfolio to meet new GRC and NIS2 requirements, with increased focus on audits, risk analysis, and advanced XDR, SIEM, and SOC solutions. The integration of AI into security offerings was highlighted as both an opportunity and a new risk area, prompting investments in AI-driven threat detection and infrastructure protection.

In 2025, Passus maintained top-tier partner statuses with global vendors, including Cisco (Splunk), Riverbed, ManageEngine, Broadcom, Tenable, Google, Trellix, Fidelis Security, Fortra, Fudo Security, Sycope, and Digi. Notably, subsidiary Chaos Gears S.A. achieved AWS Premier Tier Services Partner status, the highest AWS partnership level, awarded to only about 1% of partners worldwide. This milestone confirms Passus’s capability to deliver large-scale cloud projects and strengthens its position in the AWS ecosystem.

Operational expansion was supported by investments in technical and sales teams, with a focus on cybersecurity, cloud, and AI competencies. The Group’s strategy aims for at least 15% annual revenue growth and EBITDA margin of 10% in 2026, targeting both Polish and international markets, especially in Western and Central Europe.

Financially, Passus’s assets increased by 25% to PLN 84.6 million, while equity decreased slightly due to dividend payouts and share buybacks. Liquidity and debt ratios remained stable, though the company noted longer receivables and payables cycles, reflecting the project-based nature of its business. The Group continued to secure major contracts with public sector and enterprise clients, including multi-million PLN and USD deals for cybersecurity, network monitoring, and cloud migration projects.

Corporate governance and compliance were confirmed by independent auditor KPW Audyt Sp. z o.o., which issued a positive opinion on the Group’s financial statements and ESEF reporting. Passus’s industrial security certificates from Polish, NATO, and EU authorities enabled ongoing participation in classified government and defense IT projects.

Looking ahead, Passus expects continued growth in IT and cybersecurity spending, driven by digital transformation, regulatory changes, and rising cyber threats. The Group’s strategic focus remains on expanding its cloud and AI-driven offerings, maintaining high partner statuses, and leveraging synergies across its business segments.

Relevance: This article is highly relevant as it demonstrates Passus S.A.’s strong financial performance, strategic positioning in cybersecurity and cloud, and its ability to secure top-tier partnerships and major public sector contracts, all core to its business profile.

Passus S.A. Faces Setback in Tender for IT Services

Passus S.A., a leading Polish IT integrator specializing in cybersecurity and IT infrastructure solutions, has lost a recent tender for IT services. The tender was awarded to a competitor who submitted a lower bid, securing the contract for a comprehensive IT infrastructure modernization project. Passus S.A.'s bid, while competitive, was ultimately higher than the winning offer, resulting in the company missing out on this opportunity.

The tender involved the implementation of advanced IT systems, including network performance monitoring and cybersecurity solutions, areas in which Passus S.A. has significant expertise. Despite its strong capabilities and reputation, the company was unable to secure the contract due to pricing considerations.

Relevance to Passus S.A.: This development highlights the competitive nature of the IT services market and underscores the importance of strategic pricing for Passus S.A. to secure future contracts in its core areas of expertise.

Passus S.A. Secures Major State Contract for Network Security Solutions

Warsaw-based IT integrator Passus S.A. has signed a significant agreement with a state-owned entity for the delivery and implementation of advanced network security solutions. The contract includes the supply of network probes and TAP devices for passive traffic interception and analysis, alongside software for monitoring and analyzing network incidents. The deal also encompasses technical assistance and warranty services.

The agreement is divided into two parts:

• Basic Order: Valued at up to PLN 8,870,000 gross, with a delivery timeline of 60 days for hardware and software, and 90 days for implementation and warranty services.
• Optional Order: Valued at up to PLN 9,135,000 gross, contingent on additional orders from the client. The optional order can be placed within 12 months for hardware/software delivery and up to 36 months for technical assistance services.

Payments will be made within 30 days of invoice submission, following the acceptance of completed work. The contract includes standard market penalty clauses, capped at 30% of the maximum gross remuneration.

This agreement is deemed crucial by Passus S.A. due to its substantial financial impact and alignment with the company’s expertise in cybersecurity and IT infrastructure solutions.

Relevance: The contract highlights Passus S.A.'s role in delivering cutting-edge network security solutions to government entities, reinforcing its position as a trusted partner in classified and high-value IT projects.

Passus S.A. Secures State Contract for Privileged Access Management System

Warsaw-based IT integrator Passus S.A. has signed a significant contract with a state-owned entity for the delivery of a Privileged Access Management (PAM) system, including licenses, technical support, and a five-year warranty. The agreement, valued at PLN 2,089,770 gross, allocates PLN 1,107,369 for system licenses and PLN 982,401 for technical support services. Passus is committed to delivering the licenses and support documentation within 10 days of the contract signing, with payments to be made within 21 days of invoice submission following acceptance protocols. The contract includes standard market penalty clauses and is expected to positively impact the company’s financial standing.

This development aligns with Passus S.A.’s expertise in cybersecurity and IT infrastructure continuity, reinforcing its role as a trusted partner for government and defense projects.