Text (TXT) Q4 2025 earnings summary

Executive summary

• Revenue grew 5.6% year-over-year to PLN 354.2 million, with Q4 revenue up 6.8% and net profit down 1.3% due to higher costs and currency effects.

• Launched the new Text app suite, integrating AI-driven features and unifying core products, now tested or used by over 350 clients.

• Completed migration to a new cloud infrastructure, improving service quality but temporarily increasing costs.

• Opened a Miami office to target larger enterprise customers and expand sales efforts.

• Management Board proposed a record dividend of PLN 6.06 per share, the highest in company history, with a second interim dividend of PLN 1.51 per share pending approval.

Financial highlights

• EBITDA increased by up to 1.8% to PLN 202.0 million, with margins remaining high; operating profit declined 0.9% to PLN 179.0 million.

• Net sales for the year reached PLN 354.2 million, up from PLN 335.4 million; Q4 net sales were PLN 89 million, up 6.8% year-over-year.

• Gross margin was 79.7%, operating margin 50.1%, EBITDA margin 57.0%, and net margin 46.4%.

• Cash position at year-end was PLN 77.7 million after significant dividend payouts.

• Record dividend of PLN 6.06 per share proposed, allocating over PLN 150 million.

Outlook and guidance

• Targeting $100 million in ARR, with current MRR growth below expectations but progress made on product and infrastructure.

• Infrastructure costs expected to decrease from Q1 2025/26 and further in the second half of 2025 after cloud migration.

• No formal financial guidance or forecasts provided.