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
- 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