Asseco Poland S.A.

Asseco Poland S.A.

ASOZF
Asseco Poland S.A.US flagOther OTC
57.00
USD
- -
- -
4.59BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
69.64
75.08
87.42
95.57
94.33
112.39
128.52
146.9
174.68
209.28
214.25
220.26
235.35
236.16
Basic EPS, GAAP
3.69
4.32
4.4
3.63
5.62
4.02
3.88
4.84
5.63
6.05
6.12
7.62
15.97
16.83
Free Cash Flow per Basic Share
6.46
5.81
7.88
8.1
5.61
9.16
14.24
19.84
15.6
17.18
27.22
29.82
36.32
26.16
Dividend per Share
2.41
2.6
2.9
3.01
3.01
3.01
3.07
3.01
3.11
3.36
3.68
3.66
3.77
- -
Book Value per Share
63.22
63.61
64.59
66.33
67.49
68.89
69.46
72.82
75.69
78.91
77.76
80.58
92.23
86.43
Tangible Book Value per Share
-9.57
-10.67
-14.35
-19.26
-6.01
-6.35
-10.88
-16.5
-21.62
-21.36
-37.66
-40.42
3.96
-5.93
Basic Weighted Avg Shares
83
83
83
83
83
83
83
83
83
83
79
68
71
76
Sales/Revenue/Turnover
5,780
6,232
7,256
7,932
7,829
9,329
10,667
12,193
14,498
17,370
16,896
15,020
16,780
18,043
Operating Margin (%)
10.35
10.26
10.23
9.5
7.57
8.47
9.08
9.94
10.03
9.19
9.62
9.46
10.15
11.16
Depreciation Expense
271
268
263
300
337
460
637
708
790
893
879
712
741
753
Net Income, GAAP
306
358
365
301
467
333
322
402
468
502
483
520
1,139
1,286
Effective Tax Rate (%)
20.17
20.24
22.4
24.86
15.71
23.55
21.5
20
21.72
22.07
20.78
21.73
21.68
22.25
Profit Margin (%)
5.3
5.75
5.03
3.8
5.96
3.57
3.02
3.29
3.23
2.89
2.86
3.46
6.79
7.13
Working Capital
1,313
1,722
1,872
1,836
1,792
1,874
1,888
2,331
2,622
3,076
2,586
2,485
5,327
4,197
LT Debt
494
625
836
910
1,096
1,115
1,838
2,097
2,181
2,557
2,761
2,475
1,941
2,075
Total Equity
7,425
7,958
8,328
8,671
7,328
7,662
7,984
6,957
9,645
10,213
9,074
9,646
12,893
12,137
Return on Invested Capital (%)
5.97
6.05
6.29
5.8
5.3
6.63
7.55
9.23
9.58
8.95
9.21
7.99
8.52
10.55
Return on Capital (%)
2.45
2.66
2.14
1.03
3.87
1.31
0.14
0.15
-0.28
-1.88
-0.72
-1.02
-8.02
-7.76
Return on Common Equity (%)
5.89
6.81
6.86
5.55
8.4
5.89
5.61
6.8
7.59
7.83
8.15
9.63
17.63
20.86

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,367
1,635
1,563
LT Borrowings
1,323
1,421
1,440
LT Finance Leases
618
618
635
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
81
81
81
Market Capitalization
18,142
13,692
13,574

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
12,461
13,097
11,584
Cash, Cash Equivalents & STI
7,313
7,251
5,357
Accounts Receivable, Net
3,106
3,373
3,701
Inventories
324
341
393
Total Current Liabilities
7,134
7,342
7,386
Payables & Accruals
- -
- -
- -
ST Debt
1,367
1,635
1,563
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.79%
14.67%
33.66%
Free Cash Flow
19.15%
12.27%
27.32%
Net Income, GAAP
17.69%
29.34%
119.02%
Sales/Revenue/Turnover
9.24%
7.32%
11.72%
Total Cash Common Dividend
- -
1.82%
7.65%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,250
4,147
3,671
4,555
15,020
2025
4,044
3,943
4,268
4,525
16,780
2026
4,399
4,851
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.83
1.61
1.96
- -
7.62
2025
2
2.14
2.51
- -
15.97
2026
2.84
2.5
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.66
2025
- -
- -
- -
- -
3.77
2026
- -
- -
- -
- -
- -

Company Description

CEO
Adam Tadeusz Goral
Full Time Employees
30,206
Sector
Technology
Industry
Software - Application
Address
14 Olchowa Street Rzeszów PK Poland 35-322
IPO Date
Nov 20, 2013
Website
asseco.com
Business
Asseco Poland S.A. (ASOZF) develops and provides enterprise software and IT solutions primarily for the banking, finance, insurance, public administration, healthcare, defense, energy, telecommunications, and manufacturing sectors worldwide. The company, founded in 1991 and headquartered in Rzeszów, Poland, leads the Asseco Group, an international federation of over 140 companies operating in 62 countries across Europe, Israel, the United States, the Balkans, and beyond, employing more than 33,000 people; its core offerings encompass proprietary banking systems including central banking, omni-channel, mobile, risk management, and compliance solutions serving nearly 460 banks; payment processing for e-commerce, mobile payments, cards, ATMs, POS terminals, and over 2 billion annual transactions; insurance platforms for property, casualty, life, pension, and reinsurance; public administration tools such as the Comprehensive Social Security Information System (KSI ZUS) for 30 million users, Smart City services, and local government systems; healthcare solutions including Hospital Information Systems, electronic medical records, and e-health portals for over 550 hospitals; defense and uniformed services software for critical infrastructure, cybersecurity, command and control; utility management like Asseco Utility Management Solutions (AUMS) generating nearly 100% of Polish electricity bills; telecommunications billing, CRM, fraud detection, and value-added services; ERP systems, Business Intelligence, cloud services, and security including trust services with 50% Polish market share and over 10 million certificates issued. Asseco Poland lists on the Warsaw Stock Exchange as a WIG30 component and ranks among Europe's top software developers, with 2023 Group revenues of EUR 3.7 billion, 90% from international operations, and consistent R&D investment exceeding EUR 280 million annually. Recent developments include Topicus.com Inc., a Constellation Software subsidiary, acquiring 14.84% of treasury shares in October 2025 following a 9.99% stake purchase in January 2025 from Cyfrowy Polsat, alongside a strategic shareholders' agreement with the Adam Góral Family Foundation to accelerate growth, acquisitions, and European IT consolidation; the company sustains strong financials with Q2 2025 sales at PLN 9 billion, up 8% year-over-year, and upholds a dividend yield around 4.5%.