EPAM SYSTEMS ApS

Description of key activities and outlook for the next yearEPAM Systems ApS is a software company specializing in enterprise software development, with a focus on web services for European and US clients (the latter primarily through IC agreements). During the year, activity increased significantly due to securing a major project, which may have a substantial impact on company revenue. Services are mainly delivered under time-and-materials and fixed-fee arrangements, supported by EPAM’s global delivery model. The company aims to maintain high quality services and profitability by aligning scalable global resources with client needs.

Significant changes in the company's activities and financial mattersThere have been no significant changes in activities and financial matters.

The company's income statement for the year ended 31 December 2025 shows a profit after tax of EUR 22.040 against EUR 178.347 last year. The balance sheet at 31 December 2025 shows an equity of EUR 3.672.449.

Management considers the financial performance for the year promising and will continue ongoing projects while evaluating new business opportunities focused on value creation, profitable growth, and balanced risk.

Uncertainties connected with recognition or measurementThe recognition and measurement of items in the annual report is not associated with any significant uncertainty.

The company's financial position at 31 December 2025 and the results of its operations for the financial year ended 31 December 2025 are not affected by any unusual matters.

No events have occurred after the balance sheet date which could significantly affect the company's financial position.