3Mo·

Current results

$LVC (-7,78 %)

Text S.A. today published its financial results for the first three quarters of the 2024/25 financial year:

  • Sales amounted to PLN 265.2 million, an increase of 5.2% compared to the previous year.
  • Net profit amounted to PLN 127.6 million, a slight decrease of 0.7% compared to the previous year.
  • The company significantly increased its spending on cloud infrastructure compared to the previous year

Business development

Source: https://www.marketscreener.com/quote/stock/TEXT-S-A-16290112/news/Text-S-A-Group-Recorded-265-2-mn-PLN-in-revenue-and-127-6-mn-PLN-in-net-profit-in-Q1-Q3-of-the-202-49187700/

  • Monthly recurring revenue (MRR) amounted to USD 7.1 million in December 2024, 9.4% more than in the previous year
  • CEO Mariusz Ciepły announced investments in infrastructure, team strengthening and the opening of a new US office.
  • The company is pursuing a strategy to build a suite of services and is aiming for new certifications
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