Ailleron

Ailleron S.A. Reports Strong Revenue Growth in Q1 2023 Amid Strategic Expansion

Kraków, Poland – Ailleron S.A., a leading Polish software company specializing in financial technology solutions and international software development services, has announced its financial results for the first quarter of 2023. The company reported consolidated revenues of PLN 110.6 million, marking a significant 44% year-over-year increase compared to Q1 2022. This growth was driven by the robust performance of its Technology Services segment, which contributed 86% of total revenues, amounting to PLN 94.9 million—a 51% increase from the previous year.

The FinTech segment also showed improvement, with revenues rising to PLN 14.9 million, a 16% increase year-over-year. However, the segment's operating profit remained negative at PLN -1.05 million, primarily due to losses from a corporate banking contract with Bank Pekao S.A. and non-capitalized costs related to the development of the LiveBank SaaS product.

On the profitability front, Ailleron achieved an EBITDA of PLN 15.6 million, up 28% from Q1 2022, and a net profit of PLN 8.1 million, reflecting a remarkable 104% year-over-year growth. The company also highlighted its ongoing strategic focus on international markets, with export revenues accounting for 80% of total sales, driven by strong growth in the United States and the European Union.

Key developments during the quarter included the establishment of a new subsidiary, Software Mind GmbH, in Germany to strengthen its presence in the DACH region, and the successful recovery of funds from Silicon Valley Bank following its collapse. Additionally, Ailleron announced a positive recommendation from its Board for a dividend payout of PLN 1.00 per share, subject to approval at the upcoming Annual General Meeting.

Relevance to Ailleron S.A. Profile: This article underscores Ailleron's strategic focus on international expansion, its commitment to digital transformation in the financial sector, and its ability to leverage acquisitions to drive growth, aligning with its business profile as a leader in FinTech and Technology Services.

Ailleron S.A. Reports Solid Financial Performance in H1 2023 Amid Strategic Challenges

Kraków, Poland – Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has released its financial results for the first half of 2023, showcasing robust growth despite operational challenges.

The company reported consolidated revenues of PLN 226.2 million, marking a significant increase of 26.8% compared to the same period in 2022. The Technology Services segment, operating under the Software Mind brand, remained the primary revenue driver, contributing substantially to the group's financial performance. Net profit attributable to shareholders of the parent company rose to PLN 4.6 million, up from PLN 2.3 million in H1 2022. However, the company faced setbacks in its FinTech segment, including the termination of a major contract with Bank Polska Kasa Opieki S.A., resulting in a financial impact of PLN 4.95 million on net income.

Operational cash flow improved to PLN 12 million, while cash reserves at the end of the reporting period stood at PLN 90.6 million. The company continues to focus on international expansion and digital transformation trends, leveraging its proprietary intellectual property and engineering talent.

Despite the positive financial results, Ailleron faces challenges such as foreign exchange fluctuations, acquisition integration risks, and dependency on its Technology Services segment for earnings. The company also highlighted its ongoing efforts to address disputes with Bank Polska Kasa Opieki S.A. over unpaid invoices and contract termination.

Relevance to Ailleron S.A. Profile: This article underscores Ailleron's strategic focus on digital transformation and international growth while highlighting risks associated with its FinTech operations, aligning with its business profile as a leader in financial technology and software services.

Ailleron S.A. Reports Mixed Financial Results for Q3 2023 Amid Strategic Adjustments

Kraków, Poland – Ailleron S.A., a leading provider of financial technology solutions and international software development services, has released its financial results for the third quarter of 2023, showcasing a mixed performance across its operational segments. The company reported consolidated revenues of PLN 340.6 million for the first nine months of 2023, marking a 17% year-over-year increase. Export sales accounted for 74% of total revenues, reflecting Ailleron's continued focus on international markets.

While the Technology Services segment, operating under the Software Mind brand, demonstrated robust growth with revenues rising by 19% to PLN 289.2 million, the FinTech segment faced challenges. Revenues in FinTech increased by 13% to PLN 49.6 million, but the segment reported an operating loss of PLN 4.9 million due to costs associated with a terminated contract with Bank Pekao S.A. The company cited disputes over payment delays and contractual breaches as reasons for the termination.

Additionally, Ailleron S.A. announced strategic moves, including the acquisition of the remaining 30% stake in ValueLogic Sp. z o.o., making Software Mind its sole owner. This acquisition aligns with the company's strategy to expand its footprint in the software development market and strengthen its position in the DACH region.

Despite the challenges, Ailleron remains optimistic about its long-term growth prospects, driven by its focus on international expansion and digital transformation services. The company plans to continue leveraging its proprietary FinTech solutions and expanding its Technology Services segment through organic growth and acquisitions.

Relevance to Ailleron S.A. Company Profile

This article highlights Ailleron S.A.'s strategic focus on international markets and digital transformation, which are core elements of its business profile. The financial results and strategic acquisitions underscore the company's commitment to expanding its Technology Services segment and maintaining its leadership in the FinTech industry.

Ailleron S.A. Reports Mixed Financial Results for 2023 Amid Strategic Challenges

Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has released its financial results for 2023, showcasing a mixed performance. The company achieved consolidated revenues of PLN 466.8 million, marking a 13% year-over-year increase, driven primarily by its Technology Services segment, which contributed 84% of total revenues. Export sales also grew by 8%, reaching PLN 338.2 million, underscoring the company's strong international presence.

However, the FinTech segment faced significant challenges, reporting a negative EBIT of PLN -7.23 million, largely due to costs associated with a disputed contract with Bank Pekao S.A. Ailleron terminated the agreement citing breaches by the bank and has since filed a lawsuit seeking PLN 44.2 million in compensation. The company's normalized EBITDA, excluding one-off costs and project-related expenses, stood at PLN 61.7 million, reflecting a 10% decline compared to 2022.

Despite these setbacks, Ailleron continued its strategic expansion, including the acquisition of the remaining 30% stake in ValueLogic Sp. z o.o., making it a wholly-owned subsidiary. Additionally, the company established Software Mind GmbH in Germany to strengthen its presence in the DACH region and launched a new subsidiary, SM-ALL Shared Services Center Sp. z o.o., to optimize IT operations within the group.

Key risks for Ailleron include slower IT spending by enterprise clients, foreign exchange fluctuations, and challenges in integrating acquisitions. The company remains focused on leveraging its proprietary FinTech solutions and expanding its global footprint through strategic partnerships and acquisitions.

Relevance to Ailleron S.A. Profile

This article highlights Ailleron S.A.'s strategic initiatives, financial performance, and challenges, aligning with its profile as a company focused on digital transformation and international expansion in the financial technology and software development sectors.

Ailleron S.A. Receives Initial Payment of PLN 4.8 Million from Bank Polska Kasa Opieki S.A.

Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has announced the receipt of the first installment of PLN 4.8 million (gross) from Bank Polska Kasa Opieki S.A. (Bank). The payment is part of an agreement between the two entities, as disclosed in the company's earlier report dated April 22, 2024. The completion of this payment marks a significant milestone in the execution of the agreement, which includes mutual waivers of claims by both parties.

This development underscores Ailleron's strong relationships with financial institutions, a key competitive advantage highlighted in its business profile. It also reflects the company's ability to secure and execute critical agreements within the banking technology sector, aligning with its strategic focus on digital transformation and customer engagement solutions.

Ailleron S.A. Loses Tender Due to Higher Bid

In a recent tender for the development of advanced digital banking solutions, Ailleron S.A. was unsuccessful in securing the contract, as its bid was outpriced by a competing offer. The tender was awarded to a rival company that submitted the lowest bid, demonstrating a more competitive pricing strategy. While Ailleron showcased its expertise in financial technology and proprietary solutions, the higher cost of its proposal ultimately led to its exclusion from the winning position.

This outcome highlights the challenges Ailleron faces in a competitive market where pricing plays a critical role in securing contracts, despite its strong reputation and innovative offerings in the FinTech sector.

Ailleron S.A. Reports Mixed Financial Results for 2023 Amid Challenges

Warsaw, Poland – Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has released its audited financial results for the fiscal year ending December 31, 2023. The company reported consolidated revenues of PLN 453.1 million (€100.06 million), marking a 10.5% increase compared to PLN 410.1 million (€87.47 million) in 2022. However, net profit from continuing operations fell sharply to PLN 20.89 million (€4.61 million), down from PLN 40.49 million (€8.64 million) in the previous year.

While the Technology Services segment, primarily operated under the Software Mind brand, continued to drive the majority of revenue and earnings, the FinTech segment faced challenges, reflecting slower IT spending and increased operational costs. The company’s net cash flow from operating activities improved to PLN 55.15 million (€12.18 million), but significant outflows in investment activities, totaling PLN 19.77 million (€4.37 million), weighed on overall financial performance.

On the balance sheet, Ailleron reported total assets of PLN 435.67 million (€100.20 million), up from PLN 419.14 million (€89.37 million) in 2022. Shareholder equity also increased to PLN 209.54 million (€48.19 million), signaling resilience despite a challenging macroeconomic environment. However, the company’s standalone financial results showed a net loss of PLN 15.14 million (€3.34 million), highlighting difficulties in its individual operations.

The financial results underscore the importance of Ailleron’s Technology Services segment in driving growth, while also highlighting the risks associated with its reliance on this division amidst fluctuating market conditions. The company’s focus on digital transformation, cloud migration, and AI-powered solutions remains critical to its long-term strategy.

Ailleron S.A. Reports Strong Financial Performance in H1 2024 Amid Strategic Acquisitions

Kraków, Poland: Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has released its financial results for the first half of 2024, showcasing robust growth and strategic advancements. The company reported consolidated revenues of PLN 249.5 million, a 10.3% increase compared to the same period in 2023. Net profit surged by 61.2% year-over-year to PLN 24.7 million, driven by strong performance in its Technology Services segment, which contributed significantly to the group’s earnings.

Key highlights include the acquisition of Prosoft LLC in the United States, expanding Ailleron's footprint in North America and enhancing its engineering capabilities. The acquisition added 330 IT experts to the group and strengthened its position in sectors such as healthcare, fintech, and technology services. Additionally, Ailleron finalized a settlement with Bank Pekao S.A., resolving a legal dispute and generating a gross value of PLN 9.6 million from the agreement.

Despite the positive results, the company faced challenges in its FinTech segment, which reported a loss of PLN 3.7 million. However, the Technology Services segment continued to outperform, with EBITDA reaching PLN 36.3 million, up from PLN 31 million in H1 2023.

In terms of cash flow, Ailleron reported net cash generated from operating activities of PLN 24.9 million, while significant investments in acquisitions led to a net outflow of PLN 163.9 million in its investment activities. The company secured a EUR 150 million investment loan from BNP Paribas Bank Polska to finance its acquisition strategy.

Looking ahead, Ailleron remains focused on leveraging digital transformation trends, cloud migration, and artificial intelligence to drive growth. The company’s strategic acquisitions and strong international presence position it as a key player in the global IT and fintech markets.

Relevance to Ailleron S.A.: The article highlights Ailleron’s strategic growth initiatives, including acquisitions and financial performance, which align with its business profile of expanding its Technology Services segment and leveraging digital transformation trends.

Ailleron S.A. Reports Strong Financial Growth in Q3 2024 Amid Strategic Expansion

Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has reported robust financial results for the first nine months of 2024. The Group's consolidated revenue reached PLN 395 million, marking a 16% increase compared to the same period in 2023. The Technology Services segment, primarily operated under the Software Mind brand, contributed significantly to this growth, accounting for the majority of revenue and earnings.

Key highlights include:

• Net Profit Surge: The Group achieved a net profit of PLN 34.5 million, up from PLN 13.6 million in the previous year.
• Strategic Acquisitions: Ailleron expanded its global footprint by acquiring Prosoft LLC in the United States and establishing Software Mind Outsourcing Services LTD in the UK.
• Resolution of Legal Dispute: Ailleron finalized a settlement with Bank Polska Kasa Opieki S.A., resolving a legal dispute and transferring intellectual property rights for a banking platform, resulting in a gross payment of PLN 9.6 million.
• Increased Investment: The Group secured a EUR 150 million investment loan from BNP Paribas Bank Polska to fund further acquisitions in the IT sector.

Despite the positive financial performance, the Group faces challenges such as foreign exchange fluctuations, wage inflation in the technology sector, and risks associated with acquisition integration. Additionally, the Group continues to monitor geopolitical risks, including the ongoing conflicts in Ukraine and the Middle East, which have not yet significantly impacted its operations.

Relevance to Ailleron S.A. Business Profile: The article highlights Ailleron's successful execution of its growth strategy through acquisitions and international expansion, aligning with its focus on digital transformation and financial technology solutions.

Ailleron S.A. Loses Tender Due to Higher Bid in Banking Software Project

A recent tender for a major banking software project has concluded, with Ailleron S.A. failing to secure the contract due to a higher bid compared to its competitors. The tender, aimed at implementing advanced digital banking solutions for a European financial institution, was awarded to a rival firm that offered the lowest bid. Ailleron S.A.'s proposal, while competitive in terms of technological innovation and proprietary fintech products, was ultimately priced higher than the winning bid, leading to its exclusion from the contract.

The loss highlights the challenges Ailleron faces in competing with global IT service providers and specialized banking software vendors, particularly in price-sensitive markets. Despite its strong reputation and expertise in financial technology, the company must navigate the risks associated with pricing strategies and market competition to maintain its growth trajectory.

Relevance to Ailleron S.A.: This tender result underscores the competitive pressures in the banking technology sector, a key focus area for Ailleron S.A., and highlights the importance of balancing innovation with cost efficiency to secure future contracts.

Ailleron S.A. Reports Strong Financial Growth in 2024 Amid Strategic Acquisitions

Kraków, Poland – Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has reported robust financial results for the fiscal year ending December 31, 2024. The company achieved a record revenue of PLN 556.7 million, marking a 22.9% increase compared to the previous year’s PLN 453.1 million. Net profit surged to PLN 53.1 million, more than doubling from PLN 20.9 million in 2023.

The growth was driven by the Technology Services segment, which contributed PLN 478.5 million to the total revenue, a 27% increase year-over-year. The FinTech segment, despite challenges, recorded a modest revenue increase to PLN 75.8 million from PLN 73.7 million in 2023. The company’s EBITDA also rose significantly to PLN 83.2 million, up from PLN 52.1 million in the previous year.

Ailleron’s strategic acquisitions played a pivotal role in its financial performance. In 2024, the company acquired Prosoft LLC in the United States, Core3 Sp. z o.o. in Poland, and a portion of Gama Software Solutions S.R.L. in Romania. These acquisitions added substantial value, including a goodwill of PLN 106.8 million and new client relationships worth PLN 86.5 million. Prosoft LLC alone contributed PLN 101.9 million in revenue and PLN 14.7 million in net profit since its acquisition in March 2024.

Despite the positive financial results, Ailleron faces challenges such as a high debt-to-equity ratio of 269%, up from 135% in 2023, reflecting increased leverage due to acquisitions. The company also reported a rise in its financial costs, which reached PLN 13.3 million, up from PLN 8.8 million in 2023.

Looking ahead, Ailleron has announced a strategic review of its options regarding its stake in Software Mind Sp. z o.o., a key subsidiary. The review follows a request from Polish Enterprise Funds SCA, a co-investor in Software Mind, to initiate a joint exit process through a private sale to a third party.

Relevance to Ailleron S.A.: The article highlights Ailleron’s financial performance and strategic acquisitions, which align with its growth strategy of combining organic expansion with acquisitions to broaden its geographic reach and client portfolio.

Ailleron S.A. Reports Mixed Financial Results for Q1 2025 Amid Strategic Developments

Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has announced its financial results for the first quarter of 2025. The company reported consolidated revenues of PLN 143.8 million, marking a 35% year-over-year increase, driven primarily by the strong performance of its Technology Services segment, which contributed 88.72% of total revenues. This segment achieved a revenue growth of 41% compared to the same period last year, reaching PLN 127.6 million.

Despite the revenue growth, Ailleron faced challenges in its FinTech segment, which reported a slight decline in revenue to PLN 15.6 million and a negative operating result of PLN -2.3 million. The company’s EBITDA improved significantly, reaching PLN 20.8 million, a 51% increase year-over-year. However, net profit fell to PLN 4.5 million, impacted by amortization costs related to acquired customer relationships and the reversal of financial valuations from the previous year.

Key strategic developments during the quarter included the initiation of a review of strategic options for exiting its subsidiary Software Mind, the acquisition of the remaining 30% stake in Virtual M Inc. and The Big Three 912 Inc. in the U.S., and the divestment of Virtual Mind SRL in Argentina. Additionally, significant changes in the company’s leadership were announced, with Sławomir Soszyński appointed as the new CEO, replacing long-time CEO Rafał Styczeń.

Ailleron continues to focus on international expansion and innovation in digital transformation, cloud computing, artificial intelligence, and software development services. The company remains optimistic about its growth prospects despite ongoing geopolitical uncertainties.

Relevance to Ailleron S.A. Company Profile: This article highlights Ailleron’s financial performance and strategic initiatives, which align with its focus on digital transformation and international expansion, particularly through its Technology Services segment and FinTech solutions.

Ailleron S.A. Reports Mixed Financial Performance in First Half of 2025

Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has released its financial results for the first half of 2025. The company reported consolidated revenues of PLN 283.2 million, marking a 13.5% increase compared to the same period in 2024. However, net profit declined slightly to PLN 23.2 million from PLN 24.7 million in the previous year, reflecting challenges in operational efficiency and increased costs.

The Technology Services segment, operating under the Software Mind brand, continued to dominate revenue generation, contributing PLN 247.6 million to the total. Meanwhile, the FinTech segment, which includes proprietary banking solutions like LiveBank, accounted for PLN 34.4 million. Despite the revenue growth, the company faced a decrease in cash flow from operations, which dropped to PLN 15.5 million from PLN 24.9 million in 2024. Additionally, cash reserves fell significantly to PLN 57.6 million from PLN 103.4 million at the end of 2024.

Key developments during the reporting period included the acquisition of the remaining 30% shares in Virtual M Inc. and The Big Three 912 Inc., strengthening Ailleron's presence in the U.S. market. Conversely, the company divested its 100% stake in Virtual Mind SRL in Argentina, incurring a financial loss of PLN 1.4 million.

Despite these strategic moves, Ailleron faces risks such as foreign exchange fluctuations, wage inflation in the technology sector, and challenges in integrating acquisitions. The company remains focused on leveraging its proprietary FinTech solutions and expanding its international footprint through organic growth and acquisitions.

Relevance to Ailleron S.A. Profile

This article highlights Ailleron's financial performance and strategic initiatives, which align with its business profile as a provider of innovative FinTech solutions and international software development services. The mixed results underscore the challenges and opportunities in the company's growth strategy.

Ailleron S.A. Reports Strong Financial Performance in Q3 2025 Amid Strategic Developments

Kraków, Poland – Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has reported robust financial results for the first nine months of 2025. The company achieved consolidated revenues of PLN 417.97 million, marking a 6% year-over-year increase. Export sales accounted for PLN 322.7 million, reflecting a 5.2% growth compared to the same period in 2024.

Key highlights include a consolidated EBITDA of PLN 55.4 million and a net profit of PLN 43.3 million, representing a 25% increase in net profit compared to the previous year. The Technology Services segment, operating under the Software Mind brand, contributed significantly to the revenue, generating PLN 367 million, a 7% year-over-year growth. However, the FinTech segment reported a loss of PLN 4.7 million, despite improved operational results compared to 2024.

Strategic developments during the period included the acquisition of the remaining 30% shares in Virtual M Inc. and The Big Three 912 Inc., the sale of Virtual Mind SRL in Argentina, and the introduction of a new employee stock option program in Software Mind CF SRL. Additionally, the company announced plans for a corporate restructuring, including the creation of FlexSpace Sp. z o.o., a subsidiary focused on property management and leasing services.

Despite positive financial results, the company faced challenges such as amortization costs from acquired assets and foreign exchange losses due to currency fluctuations. However, Ailleron remains optimistic about its growth trajectory, driven by global digital transformation trends and increasing demand for AI, cloud, and SaaS solutions.

Relevance to Ailleron S.A.: The article highlights Ailleron's financial performance and strategic initiatives, showcasing its alignment with the company's focus on digital transformation and international expansion as outlined in its business profile.

Tailwind Capital Secures Regulatory Approval for Potential Acquisition of Software Mind

The management board of Ailleron S.A., headquartered in Kraków, has announced that Tailwind Capital Partners IV (GP) L.P., a New York-based private equity firm, has received regulatory approval from Poland's Office of Competition and Consumer Protection (UOKiK) to proceed with the acquisition of Software Mind S.A., a subsidiary of Ailleron. This marks a significant milestone in the ongoing negotiations between Ailleron and Tailwind, which began with the signing of a letter of intent granting exclusivity for transaction discussions.

Despite the regulatory clearance, Ailleron emphasized that the transaction is still uncertain and contingent upon fulfilling additional legal conditions and external factors beyond the control of the company, its shareholders, and Tailwind. The negotiations remain active, and the finalization of the deal is yet to be determined.

Relevance to Ailleron S.A.: This development is crucial for Ailleron as Software Mind represents the primary earnings driver for the group. The potential sale could significantly impact the company's revenue structure and growth strategy, which relies heavily on its Technology Services segment.

Ailleron S.A. Reports Solid Financial Performance in 2025 Amid Strategic Expansion and Operational Adjustments

Kraków, Poland – February 26, 2026: Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has released its consolidated financial report for the fiscal year ending December 31, 2025. The company reported a revenue of PLN 580.2 million, marking a 4.2% increase compared to the previous year’s PLN 556.7 million. The Technology Services segment, operating under the Software Mind brand, contributed significantly to this growth, accounting for the majority of revenue and earnings.

Net profit for the year reached PLN 57.8 million, up from PLN 53.1 million in 2024, driven by strong performance in the Technology Services segment and strategic acquisitions. Notably, Software Mind Inc. acquired the remaining 30% shares in Virtual M Inc. and The Big Three 912 Inc., strengthening its presence in the U.S. market. However, the group also incurred a loss of PLN 1.394 million due to the sale of Virtual Mind SRL in Argentina.

Operational cash flow decreased to PLN 59.1 million from PLN 67.9 million in 2024, while net cash used in investment activities amounted to PLN 61.9 million, reflecting the company’s focus on acquisitions and expansion. The company also reported a reduction in short-term liabilities, which fell to PLN 114.3 million from PLN 134.2 million in 2024, signaling improved financial stability.

In terms of governance, the company announced changes in its leadership, with Tomasz Król assuming the role of CEO following the resignation of Sławomir Soszyński. Additionally, Ailleron S.A. completed the registration of Flex Space Sp. z o.o., a new entity focused on managing office spaces, as part of its strategic restructuring efforts.

The company continues to monitor geopolitical risks, particularly in regions affected by conflicts such as Ukraine and Russia, but has reported no significant impact on its operations or financial results due to its diversified client base and market presence.

Relevance to Ailleron S.A.: The financial report highlights Ailleron S.A.'s robust growth strategy, driven by its Technology Services segment and strategic acquisitions, aligning with its business profile as a leader in financial technology and software development services.

Ailleron S.A. Selects Audit Firms for Financial and Sustainability Reporting

Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has announced the selection of audit firms for its 2025 financial and sustainability reporting. The company has chosen KPMG Audyt spółka z ograniczoną odpowiedzialnością sp. k. to conduct the audit of its annual financial statements and consolidated financial statements for the fiscal year 2025. Additionally, Forvis Mazars Audyt spółka z ograniczoną odpowiedzialnością has been appointed to perform assurance services for the sustainability reporting of the Ailleron Group.

Both firms were selected in compliance with applicable regulations, including those governing auditor rotation and independence. The audit teams are confirmed to meet the required standards of impartiality, professionalism, and adherence to ethical guidelines. Ailleron S.A. also emphasized its commitment to maintaining policies for selecting audit firms and ensuring compliance with regulations related to non-audit services provided by the auditors.

This announcement underscores Ailleron S.A.'s dedication to transparency and compliance in its financial and sustainability reporting, aligning with its strategic focus on digital transformation and international growth.

Ailleron S.A. Reports Solid Financial Performance in 2025 Amid Strategic Adjustments

Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has announced its financial results for the fiscal year ending December 31, 2025. The company reported a revenue of PLN 579.7 million, marking a 4.1% increase compared to the previous year. The Technology Services segment, primarily operated under the Software Mind brand, contributed significantly to this growth, accounting for the majority of the revenue at PLN 510.9 million. However, the FinTech segment experienced a slight decline in revenue, generating PLN 66.4 million compared to PLN 75.8 million in 2024.

Net profit for the year reached PLN 61.4 million, up from PLN 53.1 million in 2024, with a basic earnings per share (EPS) of PLN 2.08, compared to PLN 1.85 in the previous year. The company also reported strong EBITDA figures, totaling PLN 79.2 million, driven by the robust performance of the Technology Services segment. Despite the positive financial results, Ailleron faced challenges, including a loss of PLN 1.39 million from the sale of its Argentine subsidiary, Virtual Mind SRL, as part of its strategic de-investment from the local software house market.

In addition to financial performance, Ailleron made significant organizational changes, including the restructuring of its leadership team and the establishment of FlexSpace sp. z o.o., a new subsidiary aimed at optimizing office space management. The company also continued its focus on digital transformation and cloud migration services, leveraging its proprietary intellectual property and international engineering talent to maintain its competitive edge.

While Ailleron has successfully navigated geopolitical challenges and maintained its operational stability, the company faced setbacks in its acquisition strategy. A potential deal to sell its Software Mind subsidiary to Tailwind Capital Partners IV fell through due to unfavorable market conditions, despite regulatory approval from the Polish Office of Competition and Consumer Protection (UOKiK).

Relevance to Ailleron S.A. Business Profile

This article highlights Ailleron S.A.'s financial growth, strategic adjustments, and challenges in 2025, showcasing its resilience and alignment with its core business focus on financial technology and technology services. The company's performance underscores its ability to adapt to market dynamics while pursuing its growth strategy through acquisitions and digital transformation initiatives.

Ailleron S.A. Reports Strong Financial Performance in Q1 2026 Amid Strategic Expansion

Kraków, Poland – May 26, 2026: Ailleron S.A., a leading Polish software company specializing in financial technology and international software development services, has announced its financial results for the first quarter of 2026. The company reported consolidated revenues of PLN 140.7 million, slightly lower than the PLN 143.8 million recorded in the same period last year. Net profit surged to PLN 13.87 million, marking a significant increase from PLN 4.55 million in Q1 2025. The Technology Services segment, primarily operated under the Software Mind brand, continued to dominate revenue generation, contributing PLN 124.3 million to the total.

Key highlights include:

• Revenue Breakdown: Domestic sales accounted for PLN 36.7 million, while exports contributed PLN 103.9 million, showcasing Ailleron's strong international presence.
• Profitability: EBITDA for the Technology Services segment reached PLN 19.03 million, reflecting robust operational efficiency.
• Strategic Developments: Ailleron established a new subsidiary, FlexSpace Sp. z o.o., in January 2026, further expanding its operational capabilities.
• Financial Stability: The company maintained a strong cash position with PLN 99.4 million in cash and cash equivalents as of March 31, 2026.

Despite the positive financial performance, Ailleron faced challenges in its strategic review process for Software Mind S.A. Tailwind Capital Partners IV decided to halt negotiations for acquiring shares in Software Mind due to unfavorable market conditions. The company assured stakeholders that no significant risks were identified during the due diligence process.

Relevance to Ailleron S.A. Profile: The financial results and strategic developments align with Ailleron's growth strategy of combining organic expansion with acquisitions, particularly within the Software Mind segment, to enhance its geographic reach and client portfolio.