The technology group Fabrity (GPW: FAB) has been operating this year in an unfavourable market environment, yet still generated positive results at every financial level. The company will pay an additional conditional dividend on December 5.
From January to September 2025, Fabrity recorded PLN 50.7 million in sales revenue from services—PLN 5.4 million less year-on-year. This naturally affected its financial results:
- operating profit reached PLN 3.3 million (down PLN 1.8 million y/y),
- EBITDA amounted to PLN 4.9 million (down PLN 1.5 million y/y).
Year-on-year comparison of net profit (PLN 2.6 million) is distorted by the fact that last year the company recognised PLN 4.3 million in overpaid income tax resulting from the holding relief used during the disposal of non-core companies. After receiving an additional refund of more than PLN 3 million of overpaid CIT in November 2025, Fabrity will pay PLN 1 per share in conditional supplementary dividend on December 5.
“Current results reflect realistic expectations of the IT services market”
“The results for the first three quarters of 2025 reflect what can realistically be expected from today’s IT services market. Previous years brought dynamic growth for us—even at a time when many companies in our sector were already facing serious challenges. This year we are comparing ourselves to a relatively high base,”
said Tomasz Burczyński, CEO of Fabrity S.A.
“The current situation motivates us even more to think about who we want to be as a company in the future—what areas, industries and clients we want to serve with innovative solutions. Regardless of the circumstances, we continue to generate cash, and each of our business segments remains profitable.”
Revenue was significantly affected by delays in awarding major tenders among the company’s long-standing clients, disrupting continuity of services. Companies also postponed purchasing decisions due to macroeconomic uncertainty, and overall business activity during the summer months of Q3 was lower than in recent years.
“In recent months we have managed to organically increase revenue from many existing and new clients. However, the overall picture was negatively affected by a pause in several important projects that entered new tender procedures. In some cases, the break in contract execution exceeds one year. We remain optimistic and expect to return to these projects,”
added Rafał Graboś, Vice President of Fabrity S.A.
Strategic Focus: Cybersecurity, AI, Outsourcing, Digital Solutions and E-commerce
Fabrity continues to develop its business around key areas:
- Cybersecurity and AI-based solutions
- IT outsourcing
- Digital solution development
- E-commerce platforms
The company aims to remain a highly specialised partner for large enterprises and public-sector institutions, offering comprehensive international-scale digital transformation services. Sales activities are conducted in Poland and abroad—particularly in Germany, Austria, Switzerland (DACH), other EU markets and the UK.
Cost Savings and Organisational Restructuring
Significant cost savings are expected in the coming quarters. In July 2025, Vice President Artur Piątek completed his term, concluding the transition of the former multi-division K2 Holding into the technology-focused Fabrity Group. The Management Board was reduced to two members.
At the same time, Fabrity strengthened its financial and controlling departments, which enabled the outsourcing of several operational processes such as accounting and HR/payroll. This simplified the organisational structure, and the company expects the first cost savings from these changes early next year. Additional savings will come from moving the Warsaw office to a new location in February 2026, optimised for hybrid and remote work.
“In 2025, the Group’s operating result was still disproportionately burdened by back-office transformation costs—the final stage of Fabrity’s reorganisation after divesting the Cloud and Marketing segments in 2022–2023. The positive news is that we are not incurring significant ‘bench’ costs, as employment levels are aligned with current projects. The labour market also remains favourable to us—specialist availability is high and rates are attractive,”
said Tomasz Lebik, CFO of Fabrity S.A.
Key Business Pillars: Custom Software, AI, DevSecOps, IIoT and Cloud & Data
Fabrity’s core business continues to be custom software development. Increasing emphasis is placed on:
- practical applications of artificial intelligence,
- full-cycle cybersecurity integration (security by design & DevSecOps),
- outsourcing services,
- corporate digital solutions under the Fabrity Digital brand,
- e-commerce solutions under Fabrity Commerce,
- and industrial IoT (IIoT) platforms for energy and utility monitoring, telemetry, automation and predictive maintenance.
Its proprietary IIoT platform enables detection of production anomalies, failures or leaks—key value drivers for manufacturing companies seeking cost reduction and compliant ESG reporting.
In the Cloud & Data segment, Fabrity offers data engineering solutions, AI model implementation and advanced analytics platforms (Snowflake, Microsoft Azure and on-premises deployments).
Strategic Outlook: Industry 4.0/5.0, Smart Cities, IIoT, Cloud & Data, Cybersecurity and Applied AI
“Right now we are focusing most strongly on building competencies and increasing revenue in areas such as Industry 4.0/5.0, IIoT, smart cities, Cloud and Data platforms, cybersecurity and practical, scalable uses of AI. We expect these areas to form the core of our offering and drive revenue growth in the coming years. At the same time, we assume that we will maintain our historically low client churn, and that the current situation is temporary,” emphasised CEO Tomasz Burczyński.
Source: https://ceo.com.pl/fabrity-podsumowuje-trzy-kwartaly-2025-roku-37431
