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Added to YB: 2026-07-01

Pitch date: 2026-06-28

SWM.WA [bullish]

Software Mansion S.A.

+6.83%

current return

Author Info

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Company Info

Software Mansion S.A. engages in software development in Poland and internationally. It undertakes projects in the areas of react native, multimedia and RTC, Elixir libraries, AI, and blockchain tools.

Market Cap

PLN 240.8M

Pitch Price

PLN 24.90

Price Target

N/A

Dividend

8.89%

EV/EBITDA

11.29

P/E

15.82

EV/Sales

1.90

Sector

IT Services

Category

value

Show full summary:
Takeover bid for Nagarro: 3 opportunities to continue investing in IT 3 fastest-growing companies in the sector - Software Mansion S.A.

SWM.WA: Polish micro-cap IT consultancy dominating React Native niche via open-source 'bait' marketing, near-zero CAC, 95% talent retention. Asset-light, net cash 2x liabilities, 5% IP Box tax. ~9x EV/EBITDA, 11x P/E vs peer Callstack acquired at 10x. Catalysts: US VC recovery, SaaS optionality (Radon/Fishjam), end of dilution. Risks: 6-8% float, 80% US startup exposure, hourly non-recurring rev, tech obsolescence.

Read full article (4 min)