Grupa Pracuj S.A (GPP) Q4 2025 earnings summary

Executive summary

• Achieved PLN 811m revenue in 2025, up 5% year-over-year, with profitable growth in a mixed market environment.

• Net profit rose 16% year-over-year to PLN 243m, driven by lower financial costs and higher profit from equity-accounted investees.

• Maintained a dual-core business model with strong performance in both Job Classifieds and HR Software segments.

• AI-driven innovations accelerated monetization and operational efficiency across platforms.

Financial highlights

• Adjusted EBITDA reached PLN 367m, up 6% year-over-year, with a 45% margin.

• Poland revenue grew 6% year-over-year, Ukraine up 22%, and Germany increased 5% in EUR (3% in PLN).

• Operating profit for 2025 was PLN 309m, up from PLN 297m in 2024.

• Cash conversion remained above 90%, with operating cash flow at PLN 323m.

Outlook and guidance

• Expect mid single-digit revenue growth in Job Classifieds and HR Software for upcoming quarters.

• Group adjusted EBITDA margin projected to remain at 45%.

• Improving outlook for Pracuj.pl and continued AI-driven growth anticipated.