Fabrity Holding S.A.

Fabrity Holding S.A.

FAB.WA
Fabrity Holding S.A.PL flagWarsaw Stock Exchange
29.30
PLN
+0.40
- -
81.47MMarket 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
23.99
31.91
35.25
37.98
44.39
43.78
44.14
44.81
17.58
21.64
27.95
31.98
- -
24.89
Basic EPS, GAAP
-0.47
1.93
0.63
0.17
1.52
0.94
-0.74
2.09
1.94
9.82
5.26
3.09
- -
1.42
Free Cash Flow per Basic Share
0.14
-1.65
1.52
1.35
0.52
1.6
2.47
5.99
2.77
1.08
1.62
4.24
- -
2.87
Dividend per Share
- -
- -
1
1
1
0.99
0.49
- -
1.05
7.89
4
4.41
- -
1.03
Book Value per Share
4.51
6.44
6.07
5.24
5.77
5.71
4.29
8.33
9.09
10.45
11.66
10.87
- -
10.06
Tangible Book Value per Share
5.97
6.88
6.71
6.25
7.16
6.69
6.08
11.55
12.65
14.78
16.37
12.14
- -
9.55
Basic Weighted Avg Shares
2
2
2
2
2
2
2
2
2
2
2
2
- -
3
Sales/Revenue/Turnover
60
79
88
94
110
109
110
104
41
53
69
75
67
67
Operating Margin (%)
-0.45
2.75
2.89
1.04
4.33
2.88
-1.45
8.38
12.02
9.26
9.53
9.33
6.35
6.35
Depreciation Expense
4
3
4
5
5
5
8
7
7
5
2
2
2
2
Net Income, GAAP
-1
5
2
- -
4
2
-2
5
4
24
13
7
4
4
Effective Tax Rate (%)
- -
25.75
26.37
28.6
18.54
15.61
- -
22.7
22.08
10.96
19.3
- -
15.2
15.2
Profit Margin (%)
-1.96
6.05
1.79
0.44
3.43
2.14
-1.67
4.67
11.02
45.38
18.84
9.67
5.7
5.7
Working Capital
4
10
11
10
13
10
8
23
26
32
39
29
26
26
LT Debt
1
1
1
2
1
2
8
4
1
3
2
1
1
1
Total Equity
24
28
28
25
27
27
24
29
32
38
42
33
29
29
Return on Invested Capital (%)
- -
4.86
5.66
2.25
11.94
7.93
- -
17.52
10.22
10.91
11.9
- -
10.59
10.59
Return on Capital (%)
- -
25.2
8.75
2.85
20.49
12.48
- -
14.92
15.93
74.22
34.05
- -
11.88
11.57
Return on Common Equity (%)
-9.35
35.29
10.11
2.97
27.69
16.3
-14.73
32.4
22.24
103.43
47.52
26.73
14.56
14.56

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
1
1
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
70
71
63

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
35
35
34
Cash, Cash Equivalents & STI
7
8
13
Accounts Receivable, Net
23
21
15
Inventories
- -
- -
- -
Total Current Liabilities
9
8
8
Payables & Accruals
- -
- -
- -
ST Debt
1
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.32%
1.24%
-14.11%
Free Cash Flow
38.16%
12.77%
-21.93%
Net Income, GAAP
44.64%
58.86%
-47.14%
Sales/Revenue/Turnover
1.63%
-0.51%
-10.23%
Total Cash Common Dividend
- -
147.39%
-19.09%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
16
15
18
19
69
2024
19
19
18
19
75
2025
17
17
17
16
67

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.6
0.36
3.8
- -
5.26
2024
0.4
2.26
0.33
- -
3.09
2025
0.32
0.31
0.33
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4
2024
- -
- -
- -
- -
4.41
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Tomasz Burczynski
Full Time Employees
256
Sector
Technology
Industry
Software - Application
Address
Platinium 5 Building Warsaw Poland 02-672
IPO Date
Jun 6, 2008
Website
k2.pl
Business
Fabrity S.A. (WSE: FAB), formerly Fabrity Holding S.A., is a Poland-based software development company that provides bespoke enterprise-grade solutions, generative AI implementations, industrial IoT networks, data engineering services, e-commerce platforms including Adobe Commerce (Magento), chatbot solutions via PerfectBot, low-code applications using Microsoft Power Apps and FastAPP, cloud migrations on Microsoft Azure and Snowflake, workflow automation with ServiceNow and Nintex, blockchain development, product design, web and mobile development, and precision marketing technologies leveraging AI and Big Data; the company serves large international brands and enterprises in industries such as manufacturing, banking, HR, and digital transformation projects. Founded in 2007 and headquartered in Warsaw at Domaniewska 44a with additional offices in Lodz, Rzeszow, Bialystok, and Poznan, Fabrity operates primarily in Poland while delivering projects across Europe and globally through nearshoring advantages. The group includes subsidiaries Fabrity K2 Sp. z o.o. for software teams, Fabrity Commerce for e-commerce, and PerfectBot for chatbots, employing around 260 people with a focus on scalability, high availability, and user-centric innovation. In recent transformations, K2 Group rebranded to Fabrity Holding in 2023 to emphasize software development; Fabrity acquired a 51% stake in Panda Group in 2024, enhancing e-commerce capabilities on Adobe Commerce; and Fabrity Holding merged with Fabrity in 2025, streamlining into Fabrity S.A. as a unified listed entity. These changes shifted focus from marketing segments (previously including Agencja K2 and K2 Precise, classified as held for sale) to core software and technology services, supporting revenue growth in software to PLN 73.27 million in 2024 from PLN 66.95 million in 2023. The company reported positive results through September 2025 with PLN 50.7 million revenue despite market challenges and announced an additional conditional dividend payable December 5, 2025.