Asbis Enterprises Plc announced on February 25, 2026, that it achieved a net profit of $75.3 million for the full year ending December 31, 2025, marking the best financial performance in the history of the company.

The Cyprus-based IT distributor recorded record-breaking annual revenue of $3.86 billion, representing an increase of 28.4 per cent compared to the $3.01 billion generated in the previous year.

During the fourth quarter of 2025 alone, the group saw its sales climb to $1.25 billion, which was a 34.6 per cent rise over the $927 million reported in the same period of 2024.

This growth was particularly evident in December, where the company crossed the $500 million monthly revenue threshold for the first time.

The robust performance was largely driven by a strategic focus on high-margin products, including the expansion of value-added services and the group’s own-brand portfolio such as AENO, Canyon, and Lorgar.

A significant contributor to this success was the continuing boom in AI servers and data centre infrastructure, which led to a 96.9 per cent increase in sales for the servers and server blocks segment during the fourth quarter.

Gross profit for the full year reached $311.6 million, an increase of 12.3 per cent from the $277.5 million achieved in 2024, although the gross profit margin dropped slightly to 7.22 per cent from 7.98 per cent.

The company maintained a strong balance sheet throughout the period, with total assets rising to $1.49 billion by the end of December 2025, compared to $1.20 billion at the close of 2024.

Management attributed the success to the ability of the group to adapt to a complex geopolitical environment while continuing to capture market share in core regions such as Central and Eastern Europe and the Middle East.

“We completed Q4 2025 with a spectacular style, and we consider it extremely successful both in terms of revenues and profitability,” stated the interim report.

Operating expenses increased by 15.6 per cent to $189.7 million in 2025, primarily due to higher salaries and marketing costs associated with aggressive business expansion.

Despite these rising costs, the group delivered its most profitable quarter ever in the final three months of the year, with a quarterly net profit after tax of $29.2 million.

The company also generated significant positive cash from operating activities in the fourth quarter, amounting to $209.2 million.

Cash and cash equivalents at the end of the year stood at $257.6 million, providing the group with substantial liquidity to fund future growth and manage its debt.

Inventory levels were managed to mitigate supply chain risks, ending the year at $545.1 million compared to $516.8 million at the end of 2024.

The board of directors intends to continue its hefty dividend policy, having already paid an interim dividend of $0.20 per share in December 2025.

“We have completed the best fourth quarter ever – a great achievement for us that we are all proud of,” the company noted in its summary.

The Value-Added Distribution segment remained a cornerstone of the business, as corporate clients increasingly sought integrated solutions rather than simple hardware.

Geographical diversification also played a vital role, with spectacular sales growth recorded in markets such as Taiwan, which saw a 268 per cent increase in the fourth quarter.

In Ukraine, despite the severe pressure of the ongoing war, the company reported that its approach remains unchanged, focusing on protecting receivables and stocks, the company explained.

“We want to see stability, and security for the Ukrainian nation,” the report emphasised regarding the regional conflict.

The group also expanded its retail footprint, officially opening the world’s largest Bang & Olufsen flagship store in San Francisco and operating 32 Apple Premium Reseller stores across seven countries.

New business lines such as Breezy, the trade-in business, and ASBIS Robotic Solutions are expected to contribute further to growth in 2026.

“We look to 2026 with confidence and optimism,” the directors concluded in their forward-looking assessment.