SWM NewConnect Periodic report · PAP Biznes

Software Mansion SA

Q2 2026 vs Q2 2025 · year over year · published 11 Aug 2026 and 5 Aug 2025

Net income down 46.8% year on year. The report's language is unchanged.

1 · Numbers

−46.8%

Net income vs Q2 2025

Net income 3.0M vs 5.7M

Revenue +15.1%

Why Net income fell due to higher office rent costs and a temporary decrease in fixed-fee projects caused by schedule gaps.

2 · How the report reads

Unchanged

Language tone vs last period

Report language: very upbeat for a company report — about as upbeat as in Q2 2025.

Weak signal: formal report language, not a call.

3 · What stood out

Fading

Developer products contribute in a highly synergistic way to the growth of consulting and outsourcing service sales.

Read between the lines

No major shifts flagged this period.

Tone

How positive the language wasiTone counts positive minus negative finance words, adjusted for length. Executives mostly speak positively, so the labels compare each call with every company's latest call: “typical” is the middle third, “very upbeat” the top tenth, “cautious” the bottom tenth.. Dot: Q2 2026. Ring: Q2 2025.

Report language Very upbeat (was very upbeat)

Very upbeat for a company report — about as upbeat as in Q2 2025. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.

Numbers

PLN · PAP Biznes report (2026-08-11)

Metric Q2 2026 Q2 2025 Change
Revenue 34.1M 29.7M +15.1%
EBITDA — 16.0M
Operating income 4.1M 6.9M −41.6%
Net income 3.0M 5.7M −46.8%
EPS 0.28 —

Topics

Topics are drawn from the full report text, not management commentary.

Most discussed now

  • Approximately 25% to 30% of the engineers' total working time in the Company is dedicated to the development of open-source solutions.
  • New Balance sheet items were recalculated according to the average euro exchange rate announced by the National Bank of Poland, applicable on…
  • New The company was incorporated on June 13, 2025, however, the obligation to consolidate arose only on August 4, 2025, when it was concluded.…
  • At the end of the second quarter of 2026, the Company continued the cooperation model with three clients consisting of settling a portion…
  • New The decision to purchase the property was made as part of employer branding activities and as a benefit in the recruitment processes…

Faded since Q2 2025

  • Fading The development of these libraries has effectively served as a source of customer acquisition for many years – both for services related to…
  • Fading Membrane Framework – a set of relatively low-level tools for building video streaming software developed using the Elixir language since…
  • Fading The company also provides complementary services, which are generally sold in combination with other services.
  • Fading Smelter (formerly Live Compositor) – a tool for building high-performance applications related to the merging, processing, and live…