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Asseco Poland S.A.

Asseco Poland S.A.

ASOZF
Asseco Poland S.A.US flagOther OTC
44.82
USD
- -
- -
3.06BMarket Cap
Asseco Poland S.A.
ASOZF
(Other OTC)

Recent

price

44.82

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
45.84
63.95
71.03
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
244.17
Revenue per Share
5.87
5.12
4.76
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
17.03
Basic EPS, GAAP
6.45
3.96
5.94
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
27.59
Free Cash Flow per Basic Share
2.04
3.01
3.73
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
- -
Dividend per Share
7.3
9.96
12.54
13.03
14.73
16.21
16.79
19.44
20.42
21.06
22.87
25.43
28.2
32.18
41.24
52.36
54.84
Book Value per Share
15.62
20.5
17.1
16.66
21.6
21.4
18.88
14.8
17.08
15.85
-5.5
18.9
22.78
15.26
20.46
81.16
85.73
Tangible Book Value per Share
71
78
78
83
83
83
83
83
83
83
83
83
83
79
68
71
72
Basic Weighted Avg Shares
3,238
4,960
5,529
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
17,653
Sales/Revenue/Turnover
17.48
12.99
11.81
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
10.68
Operating Margin (%)
128
194
239
271
268
263
300
337
460
637
708
790
893
879
712
741
739
Depreciation Expense
414
397
371
306
358
365
301
467
333
322
402
468
502
483
520
1,139
1,231
Net Income, GAAP
- -
15.56
16.55
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
21
Effective Tax Rate (%)
12.8
8.01
6.7
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
6.97
Profit Margin (%)
1,024
1,274
1,291
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
5,755
Working Capital
501
522
548
494
625
836
910
1,096
1,115
1,838
2,097
2,181
2,557
2,761
2,475
1,941
2,039
LT Debt
6,341
7,053
7,182
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
13,485
Total Equity
- -
7.29
6.9
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
9.55
Return on Invested Capital (%)
- -
6.36
5.89
5.1
5.18
3.82
1.75
6.78
2.34
0.23
0.26
-0.44
-2.71
-0.97
-1.28
-10.21
-9.37
Return on Capital (%)
59.02
61.63
42.39
29.78
31.11
28.43
22
31.03
20.15
18.7
22.03
23.33
22.57
19.79
19.44
34.79
35.63
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,394
1,367
1,635
LT Borrowings
1,548
1,323
1,421
LT Finance Leases
651
618
618
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
68
81
81
Market Capitalization
14,146
15,366
12,296

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
10,441
12,461
13,097
Cash, Cash Equivalents & STI
2,739
7,313
7,251
Accounts Receivable, Net
3,053
3,106
3,373
Inventories
306
324
341
Total Current Liabilities
7,003
7,134
7,342
Payables & Accruals
- -
- -
- -
ST Debt
1,394
1,367
1,635
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
4,461
4,268
4,525
16,780
2026
4,399
- -
- -
- -
- -

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
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

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