Profile is looking at AI, and is reportedly already planning new products in this direction. Its AI-enabled record processing program is the latest addition to its product portfolio, and it aims to get even more projects in this area. 

OPENING THE WAY THROUGH THE DORA REGULATION

The European DORA regulation, which aims to strengthen the security of IT systems in financial institutions - such as banks and insurance companies - against malicious actions, creates the right conditions for an increase in the company's turnover and backlog. The regulation comes into force from 17 January and so Profile is gearing up to launch its own AI programme against the backdrop of claiming projects from:

• Banks
• Insurance groups
• Investment opportunities
• Funds
• Fintech

PUBLIC TENDERS

At the same time, the listed company is expected in 2025 to bid for even more public projects, setting its sights on taking a share of the pie from the Recovery Fund and digitisation projects. At the same time, it is also focusing on banks, where it already has several projects underway. To this end, Profile has substantially strengthened the staffing and structures of the departments of the group companies that monitor public IT tenders. 

ACQUISITIONS AND EXPANSION OF ACTIVITIES

At the same time, Profile aims in 2025 to strengthen its presence in foreign markets, as it is estimated that they can bring further growth. In particular, it is strengthening its presence in the following markets:

• England
• France
• Cyprus
• UAE
• Scandinavia

The acquisition of a smaller company with a product portfolio complementary to its own is also on the table in order to achieve further organic growth. 

SHARE

The above, combined with the company's positive outlook for the current year, reinforces investor interest in the stock. It should be noted that the stock rose 23.5% in 2024, and the positive trend continues this year on the SA board. Its valuation stands at approximately €135 million.