The Annual General Meeting was convened for August 6, 2025
The Annual General Meeting took place on August 6, 2025
Recording of the AGM broadcast
Current report no 12 - Resolutions of AGM
Current report no 13 - Significant Shareholders
Current report no 10/2025 - Notice of the Annual General Meeting of Text S.A.
LINK to the AGM broadcast
The opening speech of Mariusz Ciepły, Text CEO
Ladies and Gentlemen,
My name is Mariusz Ciepły, and I am the CEO of Text S.A. In the absence of the Chair and Vice-Chair of the Supervisory Board, it is my honor to welcome you to the Ordinary General Meeting of Shareholders. I would also like to note that, although the Chair and Vice-Chair are not physically present in the room today, they are participating remotely in the meeting.
I believe this is also a good opportunity for me, as CEO, to briefly summarize what happened in the last financial year—since today’s purpose is precisely to review and close that chapter.
In the past fiscal year, our company generated revenue exceeding PLN 354 million, with net profit of over PLN 164 million. We are pleased with this result, and I want to congratulate our team, whose hard work and dedication have made this possible.
It was, however, a challenging year. Our performance was affected by the USD/PLN exchange rate and by a rapidly changing business environment. We are under pressure from significant shifts in our distribution channels—particularly from Google, which, like many companies including ourselves, is adapting to the AI revolution. This has led to a decreasing willingness to share traffic with content creators, including software developers like us. As a result, less traffic is being directed to our website, which puts pressure on growth based on number of customers.
That said, our team has strategies in place. We are optimizing our operations and building new distribution channels. In our industry, when one channel faces difficulties, we focus on developing others—and we already have promising ideas in motion.
Despite these challenges, the company is performing very well. Our operating margins remain high, and our net profitability stands at over 46%. Today, we are also proposing a decision on a record dividend of more than PLN 6 per share.
We are also on the verge of launching our new application, internally called Text App, which will be available at text.com. This app consolidates the functionalities of our current products into a single, seamless experience—one we aim to make as simple and intuitive as possible for our customers. While you can think of Text App as a suite of tools, we are going far beyond that.
During its development, we have been building Text Intelligence—our proprietary AI technology stack, which powers our own AI agent. This agent will be an integral part of the Text App, not just as a functional integration, but as a completely new solution. In short, our AI agent is designed to fully automate customer-company interactions, eliminating the need for a human operator. More importantly, it will be capable of taking specific actions to ensure customer satisfaction and even perform targeted sales activities.
We are heavily investing in Text App and Text Intelligence, and this will be our main focus in the years ahead. We believe this investment will drive significant growth, as our ambitions go far beyond the results we are presenting today. While we are proud of this year’s outcome, our vision extends much further.
That concludes my introduction. Of course, our Investor Relations team is always available for direct contact—and perhaps soon our AI agent will also be present on the Investor Relations page. Why not?
Ladies and Gentlemen, we are now obliged to elect the Chair of today’s meeting. Let us proceed to that agenda item…
Documents:
Announcement of convening an AGM
Draft resolutions of the General Meetings with justification
Report of the Supervisory Board on activities in the financial year 2024/25
Auditor’s opinion on the Report on the implementation of the Remuneration Policy