TSX:CSUSoftware
Is Constellation Software (TSX:CSU) Quietly Redrawing Its Strategy Around Topicus and Asseco Poland?
Constellation Software and its subsidiary Topicus.com recently reported that Topicus.com’s fourth-quarter 2025 revenue rose 20% year over year, with 4% organic growth and the remainder driven by acquisitions, alongside a 41% increase in quarterly net income but a lower full-year net income due to an accounting expense tied to its investment in Asseco Poland S.A.
These results underline how Topicus.com’s acquisition-led expansion and sizeable investment in Asseco Poland S.A. are becoming...