Investor relations

About Spyrosoft

Spyrosoft is a software engineering company, operating within the IT sector, established in 2016, in Wroclaw. The listed company offers a full range of software development services – from embedded to cloud solutions that are customised to fit the customers’ needs and expectations each time. The company offers comprehensive project management where the solutions are designed in close collaboration with the client. Spyrosoft specialists manage project requirements, create architecture, code and develop the programming level and maintain the implemented systems. Most of the completed projects combine the hardware level with embedded systems and high-level applications.

Download Spyrosoft Group Strategy for 2022-2026

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INDUSTRY EXPERTISE

We are experts in the following areas

01

Automotive

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02

Customer Experience

customer experience expertise

03

Employee Experience & Education

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04

Financial Services

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05

Geospatial Services

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06

Healthcare & Life Sciences

Spyrosoft services for healthcare industry

07

Industry 4.0

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Management Board

KONRAD WEISKE

Chairman of the Board

WOJCIECH BODNARUS

Member of the Board

SLAWOMIR PODOLSKI

Member of the Board

SEBASTIAN LEKAWA

Member of the Board

Supervisory Board

KRZYSZTOF KULINSKI

Member of the Supervisory Board

ANDREW RADCLIFFE

Member of the Supervisory Board

TOMASZ KRZESNIAK

Member of the Supervisory Board

PIOTR BUDZYNSKI

Member of the Supervisory Board

JACQUES LAGUE

Member of the Supervisory Board

Spyrosoft Group structure

Spyrosoft S.A.

Spyrosoft LLC

Finin Sp. z o.o.

Spyrosoft LTD

GOD Nearshore SE

Spyrosoft Synergy S.A.

Spyrosoft Solutions S.A.

Spyrosoft Solutions d o.o.

Spyrosoft Solutions LLC

Spyrosoft Solutions GmbH

Spyrosoft Solutions S.R.L.

Unravel S.A.

Spyrosoft eCommerce

Spyrosoft Connect

Better Software Group

Shares

30/09/2023

Quotations details

Quotations [PLN]

414,00 zł

Max Quotations [PLN] [ 418,00 zł ]

Min Quotations [PLN] [ 408,00 zł ]

Change [PLN]

1.47%

Volume

379

Shareholder	Number of shares	Participation in capital	Number of votes	Participation in votes
Konrad Weiske	335 975	30,78%	335 975	30,78%
Dorota Łekawa	279 407	25,60%	279 407	25,60%
Wioletta Bodnarus	278 300	25,50%	278 300	25,50%
Others	197 778	18,12%	197 778	18,12%

Reports

14/09/2023

Information on preliminary results for the first half of 2023

23/05/2023

Consolidated periodic report for the 1st quarter of 2023

23/11/2022

Consolidated periodic report for the 3rd quarter of 2022

27/09/2022

Consolidated periodic report for the 1st half of 2022

23/05/2022

Consolidated Periodic Report for the 1st quarter of 2022

14/02/2022

Individual and consolidated periodic report for the 4th quarter of 2021

25/02/2022

Consolidated Interim Condensed Financial Information as of 31.12.2021

10/11/2021

Individual and consolidated periodic report for the 3rd quarter of 2021

12/08/2021

Individual and consolidated periodic report for the 2nd quarter of 2021

13/05/2021

Individual and consolidated periodic report for the 1st quarter of 2021

15/02/2021

Individual and consolidated periodic report for the 4th quarter of 2020

16/11/2020

Individual and consolidated periodic report for the 3rd quarter of 2020

14/08/2020

Individual and consolidated periodic report for the 2nd quarter of 2020

22/05/2020

Individual and consolidated periodic report for the 1st quarter of 2020

14/09/2023

Information on preliminary results for the first half of 2023

Content of the report:
Management Board of SpyroSoft S.A. [Issuer, Company] informs that in connection with the completion of the process of aggregation of financial data carried out for the purpose of preparing an extended consolidated report for the first half of 2023, it was decided to publish preliminary financial results for the above-mentioned period.
The preliminary financial results of the Issuer’s Capital Group for the first half of 2023 are presented below:
– consolidated net sales revenue: PLN 205 million, which is an increase by 47% in relation to the comparative period;
– consolidated EBITDA: PLN 20.5 million, which is a decrease by 8% in relation to the comparative period;
– EBITDA margin: 10%
The achieved rate of revenue growth in the first half of 2023 was above the assumptions adopted in the “Spyrosoft Group Strategy for 2022–2026” (organic average annual growth at the level of 33%, from 25% to 35% per year). This reflects the further increase in the scale of the Spyrosoft Group’s operations, which in the opinion of the Management Board is a priority at the current stage of the Company’s development.
In the past six months, the Company continued investments related to its development (in particular in terms of team competences and size and the development of an international office network). Incurring this type of expenditure combined with lower demand for IT services, which results from the global economic slowdown, translated into lower than expected profitability at the EBITDA level (in accordance with the Strategy – the range of 11%–14%). On the other hand, the aim of the Management Board is to care for the image as the employer and to build appropriate resources for the purposes of implementation of future projects and to further increase the scale of the Group’s operations.
Another factor that negatively affected the EBITDA level and the achieved profitability was the strengthening of the zloty exchange rate in the second quarter of 2023. The Group operates in international markets and approx. 85% of its revenues come from abroad.
The Issuer informs that the above preliminary financial data have been prepared in accordance with the its best knowledge and assuming that there are no circumstances in the course of further work on the financial statements that result in the need to carry out significant one-off operations of an accounting nature. The Issuer indicates that the financial revision process for the statements for the first half of 2023 is ongoing. Thus, the final financial results of the Issuer’s Capital Group for the above-mentioned period will be submitted as part of the consolidated report for the first half of 2023.
The Company explains that the term EBITDA is defined as the value of the operating result increased by depreciation for the reporting period. The above definition and methodology for its calculation is the same as the definition and methodology for calculating this indicator in the Issuer’s periodic reports. EBITDA is a standard indicator of the effectiveness of economic activity, including in particular for the industry in which the Issuer’s Capital Group operates.
In turn, the term EBITDA margin is defined as the quotient of the EBITDA value and net sales revenues for a given period.

Files to download

Preliminary results for the first half of 2023

Download

Presentations

19/09/2023

MicroCap Summit Presentation

24/05/2023

Spyrosoft Group financial results for the 1st quarter 2023

28/04/2023

Spyrosoft Group financial results for 2022

Spyrosoft Group Strategy for 2022-2026

Calendar

28/11/2023

Publication of consolidated periodic report for the 3rd quarter of 2023

27/09/2023

Publication of consolidated periodic report for the 1st half of 2023

23/05/2023

Publication of consolidated periodic report for the 1st quarter of 2023

27/04/2023

Publication of consolidated periodic report for 2022