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Business Summary: Ailleron SA is a Poland-based company that provides technological solutions. The Company focuses on delivering products for the financial, telecommunications and hotel sectors. Its business activities are divided into three segments: Fintech, Enterprise Services and Hoteltech. The Fintech segment includes products and services for the financial sector, including LiveBank, banking Internet and mobile, and leasing front office. The Enterprise Services segment includes ringback tone service, 3Gen voicemail, steering of roaming and maintenance and development of telecommunications systems of mobile operators, as well as programming outsourcing services for clients from the United States and Western Europe. The Hoteltech segment comprises of iLumio in-room entertainment platform, mobile application for hotels, video concierge and digital signage. The Company serves customers worldwide.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Ailleron SA revenues increased 14% to PLN466.8M. Net income before extraordinary items decreased 71% to PLN4.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Other Operating Income/Expense increase of 95% to PLN7.9M (expense), Selling Expenses increase of 19% to PLN23.4M (expense).