Polish company yarrl, listed on the main market of the Warsaw Stock Exchange, reported the highest consolidated revenue in its history—over PLN 71.8 million. This represents a 32% increase compared to 2023. The company posted a gross profit from sales of PLN 11.7 million and a net profit of PLN 3.6 million. Notably, every business segment yarrl operates in was profitable last year. According to the Management Board, these strong results provide a solid foundation for further growth in the coming years. yarrl plans to focus on expanding its portfolio of proprietary solutions, including those leveraging AI technologies, and on growing revenue from the financial and industrial sectors. At the same time, the company is actively seeking acquisition targets that could significantly scale up operations and bring new products or services into its offering.
yarrl S.A. was formed through the merger of Unima 2000 Systemy Informatyczne, active in the Polish market since 1992, and pTAG, a company specializing in custom software development. It is listed on the Warsaw Stock Exchange and currently employs over 500 staff and collaborators. The company has offices in Kraków, Warsaw, and Zielona Góra and delivers complex IT projects for clients across multiple sectors, with a strong presence in regulated markets such as public administration and finance.
The yarrl Group includes, in addition to yarrl S.A., the companies Lockus (contact center services) and Lockus K2 (specialist conference organization). Its clients include institutions and companies such as the Ministry of Finance, PKP Intercity, PFRON, Allegro, LPP, Evidentiq, InPost, DHL, Canal+, BP, Uniqa, Jeronimo Martins, and Jysk.
The Group operates in five segments:
- Software development and custom software services,
- Implementation of partner solutions,
- Implementation of proprietary solutions,
- Call and contact center services,
- Conference and training organization.
“We recorded the highest revenue in the entire history of the yarrl Group. It’s also worth highlighting that all business segments were profitable, with an average gross profit margin of nearly 17%. Last year, and at the beginning of 2025, we signed several key contracts related to the development and maintenance of projects important to both the state and citizens, such as e-PIT and e-Tax Office. This shows that we’re not only enhancing our execution capabilities but also improving our financial performance,”
says Sławomir Połukord, CEO of yarrl S.A.
“We are ready for further dynamic growth, both by expanding our proprietary offerings—particularly through the implementation of AI solutions—and by increasing our presence in the financial and industrial markets. At the same time, we’re actively looking for acquisition opportunities that will allow us to scale up quickly and add new services and products to our portfolio,” he adds.
The yarrl Group companies achieved operating profit of PLN 4.0 million, more than double the result from the previous year and the highest in the Group’s history. It’s also worth noting that in 2024, yarrl restructured its financing, shifting from private loans to bank credit, and significantly reduced its debt and financial costs—from PLN 9 million to under PLN 2 million.
The revenue growth was largely driven by organic development, especially in the software development and call/contact center segments. A successfully executed acquisition of an Organized Part of an Enterprise (ZCP) also contributed by expanding the client base and adding a universal low-code platform and ready-to-use solutions to the product portfolio.
Source: Manager Plus