16:47 29 May 2025
DataWalk focuses on large customers, plans further investments
DataWalk reported a major financial improvement in Q1 2025, cutting its net loss to PLN 545,000 from nearly PLN 20 million a year earlier. Revenues more than doubled to PLN 13.45 million, driven by a shift to annual licensing and large contracts, including with Rabobank. Over 70% of revenue came from license sales.
The company is focusing on enterprise clients, AI, and graph analytics, aiming for global expansion while maintaining financial discipline. Adjusted EBITDA turned positive at PLN 3.14 million, and operating costs fell by 17%. DataWalk is phasing out perpetual licenses in favor of recurring models and plans to continue AI-driven development, aligned with its growth strategy and financial capacity.
