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olivLaw · European equity research

PROFILE ΑΝΩΝΥΜΟΣ ΕΜΠΟΡΙΚΗ ΚΑΙ ΒΙΟΜΗΧΑΝΙΚΗ ΕΤΑΙΡΕΙΑ ΠΛΗΡΟΦΟΡΙΚΗΣ PROF.AT

Greece · Athens Stock Exchange · ISIN GRS472003011 · Vertical: Listed companies from Greece

10.50EUR−1.32% · 1 dayClose 05 Nov 2026

Profile is a Greek software provider for banks and investment management, with solutions such as Axia Suite and Centevo Suite, active in several European countries and the Middle East. The company stands out for its focus on artificial intelligence and compliance with new European regulations, which makes its products relevant to financial institutions today.

At the close of 05 Nov 2026, PROFILE ΑΝΩΝΥΜΟΣ ΕΜΠΟΡΙΚΗ ΚΑΙ ΒΙΟΜΗΧΑΝΙΚΗ ΕΤΑΙΡΕΙΑ ΠΛΗΡΟΦΟΡΙΚΗΣ (PROF.AT) stock was 10.50 EUR (−1.32% on the day), with market capitalisation 258.8 m EUR, P/E 40.8 on diluted EPS of 0.26 EUR over the last 12 months, dividend yield 0.58%, beta 0.57, 52-week range 6.28–11.00 EUR.

Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.

Market cap
258.8 m EUR
shares as of 31 Dec 2025
P/E (TTM)
40.8
Diluted EPS TTM 0.26 · TTM to 31 Dec 2025
E/P (TTM)
2.45%
TTM to 31 Dec 2025
Dividend yield
0.58%
DPS 12m 0.06
Beta (2y)
0.57
Volatility (1y) 31%
52-week range
6.2811.00

Price history

Loading chart…

Technical reading

RSI (14)
49.3
neutral
Bollinger (20, 2)
10.25 – 10.83
in the lower half of the band · %B 0.43 · band width 5.5%
SMA 50 / 200
10.38 / 8.52
uptrend (price > SMA50 > SMA200)
MACD (12, 26, 9)
0.07 / 0.07
MACD below signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyEURO STOXX 50vs EURO STOXX 50Vertical median
1 month−4.4%+0.4%−4.7 pp—
3 months+14.1%−3.3%+17.4 pp—
6 months+41.5%+4.0%+37.6 pp—
Year to date+30.8%+8.1%+22.7 pp—
1 year+45.0%+10.7%+34.3 pp+0.9%
3 years+167.2%+50.1%+117.1 pp+35.3%
5 years+252.3%+43.6%+208.7 pp—
Max drawdown (1y)
−22.4%
04 Feb 2026 → 03 Mar 2026
Max drawdown (5y)
−29.4%
26 Apr 2022 → 11 Oct 2022
Compound annual growth (5y)
+28.6%
EURO STOXX 50 +7.5%

Price returns, dividends excluded.

Quarterly results

ESEF annual reports carry no quarters: the results are annual (below).

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 100 percentile of its own 2-quarter history (min 23.2, median 27.2, max 31.2; quarters with earnings only).

Fiscal years

Fiscal year20242025
Revenue40.1 m47.5 m
Revenue YoYunavailable+18.5%
Net income5.6 m6.4 m
Net income YoYunavailable+13.7%
Diluted EPS0.230.26
Diluted EPS YoYunavailable+13.5%
net %13.9%13.4%
Free cash flowunavailableunavailable

Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
25.7 m EUR
Financial debt
6.7 m EUR
Net debt
-19.1 m EUR
Equity
40.2 m EUR
Total assets
87.7 m EUR
Debt / equity
0.17x
Current ratio
1.70x
ROE
16.6%
ROA
8.2%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (EUR)

Margins

Income statement · EUR

Revenue
2024
40.1 m
2025
47.5 m

esef· 23 Oct 2026verified

Cost of revenue
2024
22.4 m
2025
27.8 m

esef· 23 Oct 2026verified

Gross profit
2024
17.7 m
2025
19.8 m

esef· 23 Oct 2026verified

Research & development
2024
2.7 m
2025
3.0 m

esef· 23 Oct 2026verified

Operating income
2024
7.9 m
2025
9.5 m

esef· 23 Oct 2026verified

Pre-tax income
2024
7.3 m
2025
8.2 m

esef· 23 Oct 2026verified

Income tax
2024
1.7 m
2025
1.9 m

esef· 23 Oct 2026verified

Net income
2024
5.6 m
2025
6.4 m

esef· 23 Oct 2026verified

Diluted EPS
2024
0.23
2025
0.26

esef· 23 Oct 2026verified

Dividend per share
2024
0.05
2025
0.06

esef· 23 Oct 2026verified

Balance sheet · EUR

Cash
2024
16.7 m
2025
25.7 m

esef· 23 Oct 2026verified

Inventories
2024
129.7 k
2025
226.6 k

esef· 23 Oct 2026verified

Current assets
2024
45.8 m
2025
65.2 m

esef· 23 Oct 2026verified

Property, plant & equipment, net
2024
4.7 m
2025
4.5 m

esef· 23 Oct 2026verified

Goodwill
2024
2.0 m
2025
2.1 m

esef· 23 Oct 2026verified

Intangibles (excl. goodwill)
2024
13.8 m
2025
14.4 m

esef· 23 Oct 2026verified

Total assets
2024
67.6 m
2025
87.7 m

esef· 23 Oct 2026verified

Long-term debt
2024
3.6 m
2025
6.7 m

esef· 23 Oct 2026verified

Current liabilities
2024
26.3 m
2025
38.3 m

esef· 23 Oct 2026verified

Total liabilities
2024
31.3 m
2025
47.6 m

esef· 23 Oct 2026verified

Equity
2024
36.3 m
2025
40.2 m

esef· 23 Oct 2026verified

Shares outstanding at year end
2024
24.5 m
2025
24.7 m

esef· 23 Oct 2026derived

Cash flow · EUR

Operating cash flow
2024
10.4 m
2025
9.1 m

esef· 23 Oct 2026verified

Investing cash flow
2024
-2.7 m
2025
-4.0 m

esef· 23 Oct 2026verified

Financing cash flow
2024
1.7 m
2025
3.8 m

esef· 23 Oct 2026verified

Dividends paid
2024
1.2 m
2025
1.6 m

esef· 23 Oct 2026verified

Computed indicators

Growth

Revenue growth (YoY)
18.5%
computed by olivLawFY 2025
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
21.3%
computed by olivLawFY 2025
Net income growth (YoY)
13.7%
computed by olivLawFY 2025
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
13.5%
computed by olivLawFY 2025
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
unavailable
input data missing

Profitability

Gross margin
41.6%
computed by olivLawFY 2025
EBITDA margin
unavailable
input data missing
EBIT margin
20.1%
computed by olivLawFY 2025
Net margin
13.4%
computed by olivLawFY 2025
FCF margin
unavailable
input data missing

Returns

ROE
16.6%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROA
8.2%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROIC
33.4%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROCE
19.3%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Payout ratio (EPS)
23.9%
computed by olivLawFY 2025
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
-19.1 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Net debt / EBITDA
unavailable
input data missing
Debt / equity
0.2x
computed by olivLawbalance sheet at 31 Dec 2025
Interest coverage
unavailable
input data missing

Liquidity

Current ratio
1.7x
computed by olivLawbalance sheet at 31 Dec 2025
Quick ratio
1.7x
computed by olivLawbalance sheet at 31 Dec 2025
Cash ratio
0.7x
computed by olivLawbalance sheet at 31 Dec 2025

Cash

Operating cash flow
9.1 m EUR
computed by olivLawFY 2025
Capital expenditure
unavailable
input data missing
Free cash flow
unavailable
input data missing
FCF conversion
unavailable
input data missing
Cash conversion
unavailable
input data missing

Efficiency

Days sales outstanding
unavailable
input data missing
Days inventory outstanding
2 days
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Days payables outstanding
unavailable
input data missing
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
258.8 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Enterprise value
239.8 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Market cap / net income TTM
40.7x
computed by olivLawFY 2025
P/E (TTM)
40.8x
computed by olivLawFY 2025
Earnings yield
2.4%
computed by olivLawFY 2025
P/B
6.4x
computed by olivLawbalance sheet at 31 Dec 2025
P/S
5.4x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
EV/EBIT
25.1x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/Sales
5.0x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
P/FCF
unavailable
input data missing
FCF yield
unavailable
input data missing
Dividend yield
0.6%
computed by olivLawFY 2025
Shareholder yield (distributions)
0.6%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • indicators available: 5 of at least 6
  • score weight coverage: 37.5% of at least 60%

A scoring methodology on indicators and valuation, not investment advice.

Closing price

10.50 EUR

05 Nov 2026Source: olivLaw, closing series

Market cap: 258.8 m EUR

Key indicators

Market capitalisation
258.8 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
P/E (TTM)
40.8x
computed by olivLawFY 2025
P/B
6.4x
computed by olivLawbalance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
ROE
16.6%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Net margin
13.4%
computed by olivLawFY 2025
Revenue growth (YoY)
18.5%
computed by olivLawFY 2025
Dividend yield
0.6%
computed by olivLawFY 2025

Coverage and freshness

26/37 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 31 Dec 2025
Latest balance sheet date: 31 Dec 2025
Share count (cover of the latest filing), as of: 31 Dec 2025
Source: esefpublished 23 Oct 2026
verified 57derived 3

Score by group

38% · Insufficient data

Estimated value range

Low
2.17
EUR per share
Mid
2.91
EUR per share
High
3.52
EUR per share
Price: 10.50 EUR
The price is above the range
Potential to the central value: -72.3% (value / price − 1)
Margin of safety: -261.2% (1 − price / value)
Agreement between methods: single method · 1 methods used · 1 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 2.17 – 3.52 EUR.

Methods computed but outside the aggregate range: Dividend discount (DDM) (a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate).

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (EUR per share)

— — Mid · ▏ Price

Valuation methods

  • DCF (discounted cash flow)unavailable · input data missing
  • Peers: EV/EBITDAunavailable · input data missing
  • Peers: P/E2.17 – 3.52 (Mid 2.91)
    26 companies used · median multiple 11.3x · quartiles 8.4x – 13.7x
    AEGN.AT, AEM.AT, ALMY.AT, ASCO.AT, ASTAK.AT, AVAX.AT, BELA.AT, BIOKA.AT, BIOSK.AT, BIOT.AT, BRIQ.AT, BYLOT.AT, CENER.AT, CENTR.AT, DAIOS.AT, DIMAND.AT, EIS.AT, ELBE.AT, ELHA.AT, ELLAKTOR.AT, ELSTR.AT, ELTON.AT, ETE.AT, EUROB.AT, EYAPS.AT, FAIS.AT
  • Dividend discount (DDM)outside the aggregate0.84 – 1.14 (Mid 0.96)
    a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate

Assumptions (illustrative, editorial)

Risk-free rate
3.0%
Equity risk premium
5.5%
Beta (default)
1.00
Cost of equity
8.5%
Terminal growth
2.0%

Factor scorecard

Insufficient data

Minimum-evidence gate: indicators available: 5 of at least 6; score weight coverage: 37.5% of at least 60%

FactorValueScoreWeight used
ROIC · Quality33.4%96 (vs peers)28%
Net margin · Quality13.4%62 (vs peers)17%
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growthunavailableunavailable—
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheetunavailableunavailable—
Current ratio · Balance sheet1.7x75 (on a fixed band)11%
P/E (TTM) · Valuation40.8x7 (vs peers)28%
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returns0.6%9 (on a fixed band)17%
Payout ratio (FCF) · Returnsunavailableunavailable—

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet· partial75/100 · 1/3 factors with a value
  • Growth· partialunavailable · 0/2 factors with a value
  • Quality83/100 · 2/3 factors with a value
  • Returns· partial9/100 · 1/2 factors with a value
  • Valuation· partial7/100 · 1/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

PROFILE ΑΝΩΝΥΜΟΣ ΕΜΠΟΡΙΚΗ ΚΑΙ ΒΙΟΜΗΧΑΝΙΚΗ ΕΤΑΙΡΕΙΑ ΠΛΗΡΟΦΟΡΙΚΗΣ (PROF.AT). Latest full fiscal year: 2025; data up to 2025-12-31.

Figures computed from the financial statements: revenue 47.5 m EUR in 2025; YoY growth 18.5%; net margin 13.4%; ROE 16.6%.

The estimated value range is 2.17–3.52 EUR per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 2.91 EUR, the price of 10.50 EUR leaves a potential of -72.3% (value / price − 1) and a margin of safety of -261.2% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

Insufficient data for a verdict (indicators available: 5 of at least 6; score weight coverage: 37.5% of at least 60%).

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • ROIC: 33.4%
  • Current ratio: 1.7x

What contradicts it

  • P/E (TTM): 40.8x
  • Shareholder yield (distributions): 0.6%
  • The price is above the estimated value range

Not assessed (insufficient data or a ratio without meaning): FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, EV/EBITDA, FCF yield, Payout ratio (FCF).

Versus the vertical median

Listed companies from Greece · same country · compared with 39 companies

Multiples and returns vs the median

P/E
40.8x
vertical median 12.1x
above median (+237.5%)
EV/EBITDA
—
vertical median 7.7x
P/S
5.4x
vertical median 1.7x
above median (+228.9%)
P/B
6.4x
vertical median 1.4x
above median (+352.8%)
ROE
16.6%
vertical median 10.2%
above median (+62.9%)
Net margin
13.4%
vertical median 7.9%
above median (+68.2%)
EBIT margin
20.1%
vertical median 8.9%
above median (+126.7%)
Revenue YoY
18.5%
vertical median 7.2%
above median (+156.1%)
Net debt/EBITDA
—
vertical median 2.9x
Dividend yield
0.6%
vertical median 2.6%
below median (−77.8%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
EUROB.ATΤραπεζα Eurobank Ανωνυμη Eταιρεια17.3 bn12.714.0%39.7%+2.7%+38% / +178%
ETE.ATΕθνικη Τραπεζα Της Ελλαδος Α.ε.15.2 bn13.113.3%42.5%−5.4%+24% / +167%
ELPE.ATHelleniq Energy Ανωνυμη Εταιρεια Συμμετοχων4.9 bn28.56.4%1.5%−9.0%+97% / +114%
CENER.ATCenergy Holdings4.5 bn23.524.3%9.4%+14.7%+45% / +207%
BELA.ATJumbo Ανωνυμη Εμπορικη Εταιρεια3.7 bn11.621.5%26.0%+7.2%+1% / +15%
AKTR.ATΑκtor Ανώνυμη Εταιρεία Συμμετοχών, Τεχνικών Και Ενεργειακών Έργων2.0 bn110.56.7%1.3%+11.2%+7% / +186%
EYDAP.ATΕταιρια Υδρευσεως Και Αποχετευσεως Πρωτευουσης Ανωνυμη Εταιρια1.5 bn—-2.6%-5.9%−2.4%+86% / +136%
ELHA.ATEλβαλχαλκορ Ελληνικη Βιομηχανια Χαλκου Και Αλουμινιου Ανωνυμος Εταιρεια1.3 bn12.49.8%2.9%+5.1%+6% / +83%
AEGN.ATΑεροπορια Αιγαιου Ανωνυμη Αεροπορικη Εταιρεια1.0 bn6.927.7%7.9%+4.6%−21% / −1%
AVAX.ATΑβαξ Ανωνυμη Εταιρεια Εργοληπτικη-Τουριστικη-Εμπορικη-Βιομηχανικη-Οικοδομικων Υλικων & Μηχανηματων505.7 m10.725.9%5.0%+47.1%+40% / +123%
BYLOT.ATBally's Intralot Α.ε.464.8 m15.3-9.3%-12.6%+34.8%+12% / +18%
ELLAKTOR.ATΕλλακτωρ Ανωνυμη Εταιρεια421.5 m2.726.1%175.2%−74.8%−32% / −44%
AEM.ATAlter Ego Media Α.ε.356.1 m18.118.3%14.0%+12.6%−2% / unavailable
ALMY.ATΑλουμυλ Βιομηχανια Αλουμινιου Αε324.0 m10.523.5%6.0%+11.7%+16% / +121%
DIMAND.ATDimand Ανωνυμη Εταιρεια Αξιοποιησης Και Εκμεταλλευσης Ακινητων Και Κατασκευων Υπηρεσιων Και Συμμετοχων266.7 m7.618.5%58.5%+110.6%+42% / +28%
PROF.ATProfile Ανωνυμος Εμπορικη Και Βιομηχανικη Εταιρεια Πληροφορικης258.8 m40.816.6%13.4%+18.5%+46% / +139%
EYAPS.ATΕταιρεια Υδρευσης & Αποχετευσης Θεσσαλονικης Α.ε.169.9 m22.04.1%8.8%+2.4%+24% / +42%
EVR.ATΕυρώπη Holdings Α.ε.168.6 m37.22.9%30.7%+435.3%−32% / +33%
BRIQ.ATBriq Properties Ανωνυμη Εταιρεια Επενδυσεων Σε Ακινητη Περιουσια150.0 m5.915.5%116.9%+37.8%+13% / +70%
FAIS.ATΦαις Συμμετοχων Ανωνυμη Εταιρεια117.2 m8.722.1%6.3%+12.9%−6% / unavailable
DAIOS.ATΔαϊος Πλαστικα Ανωνυμη Βιομηχανικη Εμπορικη Εταιρεια Α.ε.107.2 m10.914.0%15.6%+9.1%0% / +123%
ASTAK.ATAlpha Real Estate Services Ae93.3 m12.410.4%30.3%+22.4%−8% / −8%
ASCO.ATA.s. Εμπορικη-Βιομηχανικη Εταιρια Η/υ & Παιχνιδιων Α.ε.59.8 m10.514.1%15.8%+16.4%+11% / +106%
AVE.ATAve Α.ε.50.9 m—-25.2%-7.4%+8.2%−7% / −12%
ELTON.ATΕλτον Διεθνους Εμποριου Ανωνυμη Εμπορικη Βιομηχανικη Εταιρεια47.3 m13.94.9%1.9%+8.6%−11% / −18%

1- and 3-year price returns: for PROF.AT from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (EUR)

Estimated priceBearBaseBull
1 years
6.88
Total return -34% · Per year -34%
12.10
Total return 16% · Per year 16%
18.15
Total return 74% · Per year 74%
3 years
8.16
Total return -21% · Per year -7%
16.01
Total return 55% · Per year 16%
26.14
Total return 152% · Per year 36%
5 years
9.68
Total return -5% · Per year -1%
21.17
Total return 106% · Per year 16%
37.65
Total return 265% · Per year 30%
What moves the 3-year price the most
  • Exit P/E± 4.00
  • Net margin± 2.80
  • Annual revenue growth± 2.09
  • Annual dilution± 0.24

AI analysis

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

In brief

Profile is a Greek software provider for banks and investment management, with solutions such as Axia Suite and Centevo Suite, active in several European countries and the Middle East. The company stands out for its focus on artificial intelligence and compliance with new European regulations, which makes its products relevant to financial institutions today.

SWOT

Strengths

  • Broad product portfolio for banks and investment clients, with references in several countries and recognition from sector analysts.
  • Integration of artificial intelligence into existing products, which could strengthen its position against competitors.
  • Interoperability between solutions, which facilitates selling additional modules to existing clients.

Weaknesses

  • Relatively small size compared with global providers, which may limit resources for development and international sales.
  • Dependence on large projects and long implementation cycles, which can make revenues harder to forecast.
  • Geographic concentration in certain European markets and the Middle East, creating exposure to local developments.

Opportunities

  • Demand for compliance with new European regulations could generate new contracts for products such as RiskAvert.
  • Expansion of agentic AI in banking and investment could open new client segments.
  • Public sector projects, such as digitalised licensing, could offer an additional revenue channel.

Threats

  • Competition from large global providers that can invest more in AI and new products.
  • The risk that clients' IT budgets shrink, which could delay modernisation projects.
  • Rapid changes in digital and cybersecurity regulations that may require additional investment.

Risks

  • Client concentrationmedium

    Revenues may depend on a relatively small number of large contracts, and losing one could affect results.

  • Implementation delaysmedium

    Complex projects may overrun deadlines, which could postpone collections and raise costs.

  • Technological competitionmedium

    If competing providers launch more advanced AI solutions, the company's position could be affected.

  • Cybersecurityhigh

    A security incident affecting the company's products or clients could have reputational and legal consequences.

  • Currency and emerging market risklow

    Activity in several countries exposes the company to currency fluctuations and differing economic conditions.

Investment thesis

What would need to be true (bull case)

  • If demand for compliance and AI remains strong, the broad product portfolio could support revenue growth.
  • Recognition from sector analysts may facilitate contracts with new financial institutions.
  • Interoperability between products could increase the long-term value of each client.

What would break the thesis

  • If clients' IT budgets shrink, projects could be postponed and revenues could fall.
  • Larger global competitors could reduce the company's market share through bigger investments.
  • Dependence on large contracts makes results sensitive to a few client decisions.

What to watch

  • Evolution of revenue from new contracts and public sector projectsnext annual report
  • Adoption of Agentic AI modules in Axia Suite and AI.Adaptive2027
  • Impact of DORA, NIS2 and Basel IV regulations on demand for RiskAvert2027
  • Changes in revenue and operating margins in periodic reportsnext annual report

Products, market & competition

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

The business

Profile develops and sells software solutions for financial institutions, covering core banking, digital banking, wealth and investment management, payments, treasury and risk management. Clients include banks, fund management companies, credit institutions and, in some cases, public entities or listed companies. The annual report describes a product portfolio that is constantly expanding with artificial intelligence modules.

Segments

Banking and payments solutions

This line includes platforms such as Finuevo Core and digital banking solutions, used by credit institutions and card issuers, including in Malta and Sweden, according to the annual report.

Investment and wealth management solutions

Axia Suite and Centevo Suite cover fund administration, portfolios and wealth management for private, institutional clients and family offices, adopted by clients in the Caribbean, Africa and Northern Europe.

Risk, regulatory and public sector solutions

RiskAvert covers Basel IV and CRR III requirements, and Profile also delivered the RELIS platform for licensing renewable energy projects in cooperation with EY Greece.

Market context

The market for banking and investment software is concentrated on modernising core systems, digitalisation and compliance with new European regulations. Profile positions its products in this market, with references cited in the annual report from analysts and sector bodies.

Demand from financial institutions for automation and artificial intelligence appears to remain high, but the exact market size and the company's share are not specified in the analysed source.

Trends

  • Agentic artificial intelligencetailwind

    Profile extends AI.Adaptive with Agentic AI capabilities for automating workflows on bank-grade infrastructure. If institutions adopt such solutions, the company's products could benefit.

  • New European regulationstailwind

    Regulations such as DORA, NIS2, MiCA and Basel IV require system modernisation and could generate demand for the company's compliance products.

  • Pressure on IT budgetsheadwind

    Migration to new systems involves large costs and long implementation cycles, which may slow product adoption.

  • Digitalisation of the public sectormixed

    Projects such as RELIS and shareholder platforms suggest public sector demand, although the effects depend on government funding and project timing.

Competitive position

The banking and investment software market is dominated by global and regional providers, and Profile competes through specialisation in niches such as wealth management and compliance. The analysed source gives no details on competitors' market shares.

The company's differentiation rests on AI integration, interoperability between its products and recognition from analysts, such as the Gartner and IBS reports cited in the annual report.

  • FIS (Fidelity National Information Services)FIS

    US financial technology and core banking provider, present in the same banking software segments.

  • Temenos

    Swiss banking software provider and direct competitor in core banking solutions, named in the European competitive landscape.

  • Finastra

    Financial services software provider active in payments, digital banking and wealth management, a closely related domain.

  • SS&C TechnologiesSSNC

    US software provider for investment and fund administration, competing in the Centevo and Axia segments.

News & filings

In the press

Annual reports (ESEF)

Sources

  1. [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / PROFILE ΑΝΩΝΥΜΟΣ ΕΜΠΟΡΙΚΗ ΚΑΙ ΒΙΟΜΗΧΑΝΙΚΗ ΕΤΑΙΡΕΙΑ ΠΛΗΡΟΦΟΡΙΚΗΣ · 31 Dec 2025

Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.