OverviewSuggest Edit

Asseco Poland (formerly known as Softbank) is an information technology (IT) company that develops and sells software products. It offers solutions for insurance institutions, telecom operators, the energy sector, healthcare services, public administration, agriculture, uniformed services, and international organizations.

TypePublic
Founded1989
HQRzeszów, PL
Websitepl.asseco.com

Latest Updates

Employees (est.) (Dec 2020)28,009(+5%)
Revenue (FY, 2020)ZŁ12.2 B(+15%)
Share Price (Nov 2021)ZŁ91(-4%)
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Asseco Poland

Adam Góral

Adam Góral

President of the Management Board
Andrzej Dopierała

Andrzej Dopierała

Vice President of the Management Board
Krzysztof Groyecki

Krzysztof Groyecki

Vice President of the Management Board
Karolina Rzońca-Bajorek

Karolina Rzońca-Bajorek

Vice President of the Management Board
Sławomir Szmytkowski

Sławomir Szmytkowski

Vice President of the Management Board
Artur Wiza

Artur Wiza

Vice President of the Management Board
Show more

Asseco Poland Office Locations

Asseco Poland has offices in Rzeszów, Bielsko-Biała, Bydgoszcz, Gdynia and in 12 other locations
Rzeszów, PL (HQ)
Olchowa 14
Bielsko-Biała, PL
aleja Armii Krajowej 336
Bydgoszcz, PL
Fordońska 2
Gdynia, PL
Łużycka Office Park - Budynek B, Łużycka 6B
Gliwice, PL
Przewozowa 32
Katowice, PL
al. Wojciecha Korfantego 83A
Show all (17)

Asseco Poland Financials and Metrics

Asseco Poland Revenue

Embed Graph
View revenue for all periods
Asseco Poland's revenue was reported to be zł12.19 b in FY, 2020 which is a 14.3% increase from the previous period.
PLN

Revenue (Q2, 2021)

3.5b

Gross profit (Q2, 2021)

788.7m

Gross profit margin (Q2, 2021), %

22.8%

Net income (Q2, 2021)

269.2m

EBIT (Q2, 2021)

349.0m

Market capitalization (10-Nov-2021)

7.6b

Closing stock price (10-Nov-2021)

91.0

Cash (30-Jun-2021)

2.5b

EV

8.1b
Asseco Poland's current market capitalization is zł7.6 b.
Annual
PLNFY, 2018FY, 2019FY, 2020

Revenue

9.3b10.7b12.2b

Revenue growth, %

14%14%

Cost of goods sold

7.3b8.4b9.5b

Gross profit

2.0b2.3b2.7b
Quarterly
PLNQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

2.5b2.5b2.7b2.9b2.9b2.9b3.3b3.5b

Cost of goods sold

1.9b2.0b2.1b2.3b2.2b2.3b2.6b2.7b

Gross profit

528.8m549.4m593.6m608.2m620.5m645.1m715.0m788.7m

Gross profit Margin, %

22%22%22%21%22%22%21%23%
Annual
PLNFY, 2018FY, 2019FY, 2020

Cash

1.8b2.2b2.9b

Accounts Receivable

2.4b2.6b2.9b

Prepaid Expenses

168.5m242.9m291.5m

Inventories

94.3m122.6m186.9m
Quarterly
PLNQ2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

1.9b1.9b2.6b2.5b2.4b2.7b2.5b

Accounts Receivable

2.4b2.6b2.7b2.5b2.6b3.0b3.0b

Prepaid Expenses

237.0m254.6m297.2m277.8m267.8m347.4m321.9m

Inventories

111.2m124.1m123.2m136.6m162.9m190.2m174.0m
Annual
PLNFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

459.5m635.4m706.7m

Inventories

(18.6m)(21.5m)(34.9m)

Cash From Operating Activities

1.0b1.5b2.0b

Purchases of PP&E

(240.3m)(319.7m)(314.0m)
Quarterly
PLNQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Depreciation and Amortization

144.4m303.2m466.9m170.0m343.1m520.6m174.8m361.5m

Inventories

(3.7m)(8.5m)(17.1m)7.8m(8.2m)(18.9m)(3.0m)7.3m

Cash From Operating Activities

298.5m429.9m791.3m330.0m750.2m1.1b81.8m465.9m

Purchases of PP&E

(72.5m)(142.1m)(240.9m)(88.9m)(155.7m)(229.4m)(61.4m)(129.4m)
PLNFY, 2018

Revenue/Employee

383.9k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x
Show all financial metrics

Asseco Poland Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Countries

5555555656575860606060

Order Backlog

zł6.24 bzł7.17 bzł9.13 bzł10.06 bzł7.6 bzł8.59 bzł10.27 bzł11.3 bzł7.64 bzł8.58 bzł10.11 b
Show all operating metrics

Asseco Poland Acquisitions / Subsidiaries

Company NameDateDeal Size
ComCERT S.A.June 16, 2020
adesso banking solutions GmbH
ASSECO CENTRAL ASIA" MChJ Q
Asseco Central Europe, a.s.
Asseco Danmark A/S
Asseco Data Systems S.A
ASSECO EQUATOR SOFTWARE Ltd
Asseco Georgia LLC
Asseco Innovation Fund Sp. z o.o.
Asseco International, a.s.
Show more

Asseco Poland Revenue Breakdown

Embed Graph

Asseco Poland revenue breakdown by business segment: 36.2% from Banking and Finance, 25.0% from Public Administration and 38.9% from General Business

Asseco Poland revenue breakdown by geographic segment: 13.4% from Poland, 10.9% from Other countries , 38.6% from Israel, 15.8% from United States and 21.3% from Other

Show all human capital metrics

Asseco Poland Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

Asseco Poland Online and Social Media Presence

Embed Graph

Asseco Poland News and Updates

DM BOŚ obniżył rekomendację Asseco Poland do "trzymaj"; cena docelowa to 96,8 zł/akcję

Analitycy DM BOŚ, w raporcie z 5 października, obniżyli rekomendację Asseco Poland do "trzymaj" z "kupuj", podwyższając jednocześnie cenę docelową do 96,8 zł z 86,5 zł

Asseco Poland tworzy spółkę Asseco Cloud i rozwija usługi chmurowe

Asseco Poland powołało nową spółkę Asseco Cloud, która wspiera klientów w projektowaniu, wdrażaniu i obsłudze rozwiązań chmurowych. Spółka powstała przez połączenie kilku jednostek organizacyjnych funkcjonujących w ramach Grupy Asseco. Realizuje wdrożenia oparte o rozwiązania własne i wiodących dost…

Three Asseco Group companies among top Polish private dividend payers

Having paid out a record-high dividend of over PLN 258 million, Asseco Poland was ranked 6th in the ranking of "Poland's Largest Private Dividend Payers 2021" prepared by Forbes magazine. The Company has been consistently building shareholder value and regularly distributing its profits for over a d…

Asseco Customer Intelligence awarded by Lendtech Foundation

Asseco has received a special award for its contribution to the development of the digital lending ecosystem, outstanding achievements, and positive impact on the lendtech sector in Poland. The company has been awarded by the Lendtech Foundation for the creation of Asseco Customer Intelligence (ACI)…

Asseco has implemented digital signature on tablets in Plus points of sale

Plus customers may sign contracts on tablets at points of sale using a handwritten digital signature. This modern, convenient and environmentally friendly solution has been provided by Asseco. This is yet another stage of the digital transformation of the Polsat Plus Group that offers its customers …

Asseco one of the top companies of the last 20 years in Podkarpacie

Asseco was ranked among the top companies of the Podkarpacie region of the first 20 years of 21st century in the category of enterprises employing 500 or more people. The list was prepared by the "Nowiny" daily which published the ranking of "The Golden Hundred Companies of Podkarpacie" for the 15th…
Show more

Asseco Poland Frequently Asked Questions

  • When was Asseco Poland founded?

    Asseco Poland was founded in 1989.

  • Who are Asseco Poland key executives?

    Asseco Poland's key executives are Adam Góral, Andrzej Dopierała and Krzysztof Groyecki.

  • How many employees does Asseco Poland have?

    Asseco Poland has 28,009 employees.

  • What is Asseco Poland revenue?

    Latest Asseco Poland annual revenue is zł12.2 b.

  • What is Asseco Poland revenue per employee?

    Latest Asseco Poland revenue per employee is zł435.2 k.

  • Who are Asseco Poland competitors?

    Competitors of Asseco Poland include C&F, The Software House and Billennium.

  • Where is Asseco Poland headquarters?

    Asseco Poland headquarters is located at Olchowa 14, Rzeszów.

  • Where are Asseco Poland offices?

    Asseco Poland has offices in Rzeszów, Bielsko-Biała, Bydgoszcz, Gdynia and in 12 other locations.

  • How many offices does Asseco Poland have?

    Asseco Poland has 17 offices.