AROBS maintains growth momentum in Q1 2025 and continues international expansion

Cluj-Napoca, May 14, 2025 – AROBS Transilvania Software (BVB: AROBS), an entrepreneurial technology company listed on the Bucharest Stock Exchange, reports consolidated turnover of 120 million lei in the first quarter of 2025, up 14% compared to the same period last year, EBITDA of 17 million lei, a 2% increase versus Q1 2024, and a net profit of 6 million lei. 

“The first three months of 2025 were marked by significant economic and political challenges, yet AROBS once again demonstrated its ability to adapt and create value in a dynamic environment. Despite economic and fiscal uncertainties in Romania, driven by the electoral context and ongoing budgetary discussions, we achieved solid revenue growth, confirming the resilience of our operational model. Looking ahead, we are focusing on two strategic objectives: opening new sales offices and delivery centers in the U.S. and the U.K., and finalizing the acquisitions that are currently in advanced negotiation stages. Domestically, the stabilization of the political and economic environment will be essential for unlocking digitalization projects across both the public and private sectors. Internationally, we continue to invest in artificial intelligence, big data, and cybersecurity, technologies that will redefine the IT industry in the coming years,” stated Voicu Oprean, founder and CEO of AROBS.  

Regarding the Group’s business segments, the “Software Services” segment generated revenues of 72 million lei in Q1 2025, down 17% compared to the same period in 2024, reflecting the effects of a slowdown in demand in the Automotive sector, which began last year and was anticipated to impact this quarter as well. Despite this, the segment remained the main contributor to the Group’s turnover, accounting for 60% of the total. 

Revenues from the “Software Products” segment increased by 20% compared to Q1 2024, reaching 22 million lei in the first three months of this year, representing 18% of total revenues. This growth confirms the success of AROBS’s strategy to diversify and invest in proprietary products. 

The “Integrated Systems” segment, represented by AROBS Systems, achieved remarkable performance in Q1 2025, generating revenues of 26 million lei, supported by strategic projects such as the one signed at the end of last year with the National Public Pension House. 

Additionally, at the end of the first quarter of 2025, AROBS announced a strategic B2A (Business-to-Academia) project, the largest digitalization initiative in the Romanian education, which will be implemented at Babes-Bolyai University in Cluj-Napoca. 

“During the first quarter, we continued to implement cost optimization measures and efficient resource allocation, which allowed us to maintain an EBITDA margin of 14% despite a complex economic environment. During this period, we also strengthened our cash position, increasing it by over 20 million lei and reaching 280 million lei at the end of March 2025, compared to the end of last year. Furthermore, we maintain a low level of debt ratio related to bank financing, reflected in a ratio of total bank debt to normalized annualized EBITDA of 0.96. These elements provide us with the financial flexibility needed to support our planned strategic investments and capitalize on international growth opportunities,” stated Bogdan Ciungradi, CFO of AROBS. 

Internationally, AROBS continued its expansion plans through strategic acquisitions. The Group is currently in the process of acquiring 70% of the share capital of a Nevada-based software company with approximately 60 specialists, further strengthening its presence in the U.S. market. The approval of this transaction will be subject to vote at the Extraordinary General Meeting of Shareholders on May 28, 2025. Additionally, throughout the first quarter of 2025, the company continued investing in opening new sales offices and delivery centers in the U.S. and the U.K. to support its growth in international markets. 

AROBS Transilvania Software has been listed on the Premium Category of the Bucharest Stock Exchange’s Main Market since September 25, 2023.