The Profile group aims to maintain its high growth rate for the remainder of the 2026 financial year, following the strong performance of the first half.
At the same time, according to the semi-annual financial report, the Group's strategy will continue to focus on further strengthening its outward orientation and expanding its presence in existing and new markets. At the same time, emphasis will be placed on increased participation in undertaking and implementing domestic IT projects, mainly in the broader public sector but also in the private sector.
On a strong growth trajectory
It is noted that, during the first half of 2026, on a consolidated level, the turnover of the Profile group increased by 60% and amounted to 32.2 million euros, compared with 20.1 million euros in the corresponding period of 2025.
Earnings before interest, taxes and depreciation (EBITDA) increased by 34% and came to 8 million euros, compared with 6 million euros in the first half of 2025. At the same time, profit before tax increased by 53%, to 5.6 million euros from 3.6 million euros, while net profit increased by 63%, to 4.9 million euros from 3 million euros.
The group's total cash and cash equivalents amounted to 32.3 million euros, with the debt-to-equity ratio standing at 34% and the current ratio at 1.5x.
The Group attributes this course to organic growth, targeted acquisitions and its transformation, with key pillars being the integration of Artificial Intelligence into its products and operating model, the development of innovative solutions, the exploitation of new business opportunities and the strengthening of its international presence.
International projects and new business sectors
The key developments of the first half include new projects in Kenya, Norway and the Caribbean, as well as the selection of Axia by Piraeus Bank, following an international evaluation process.
The solution will consolidate eight existing systems into a modern front-to-back platform, covering all customer segments and custody services. It will be installed on Microsoft Azure and will be enhanced by the AI capabilities of ProfileOne in the areas of Wealth, Asset Management and Custody.
In addition, the Group presented the ProfileOne Artificial Intelligence platform, strengthened its Banking and Risk Management solutions and expanded its activity in defense and in real estate investment management.
During the same period, it completed the acquisition of a majority stake in Algosystems and the acquisition of Contemi Solutions and Indigo Holdings, strengthening its capabilities in cybersecurity, Managed Services and Investment Management.
The priorities for the second half
Building on these moves, the plan for the coming months includes the further strengthening of the workforce with specialized personnel and the development of new functions and innovative products, with particular emphasis on the integration of Artificial Intelligence.
The Group's priorities also include improving operational efficiency and limiting, to the extent possible, operating expenses, through the reorganization and automation of corporate functions.
At the same time, based on the semi-annual financial report, the strategy provides for the targeted pursuit of new projects and especially complex IT projects, both abroad and in the domestic market, in the private and public sectors, as mentioned above, as well as the utilization of the capabilities and synergies arising from the Group's recent acquisitions.
It also provides for the further exploration of opportunities for strategic acquisitions that can strengthen the Group's existing product portfolio, know-how and geographic presence.
Finally, particular emphasis is placed on the development and commercial exploitation of ProfileOne, as well as on the further development of the Finuevo and Risk Management solutions.