Sirma Group Holding celebrated a significant milestone in its capital markets journey by ringing the opening bell at the Frankfurt Stock Exchange, marking the successful completion of its dual listing. The event opens new avenues for expansion into one of Europe's premier financial centers and represents the company's evolution from a regional technology leader into an internationally recognized enterprise software provider. The ceremony took place with Sirma's Board of Directors and executive management present, along with representatives from both the Frankfurt Stock Exchange and Bulgarian Stock Exchange. Already listed on the Bulgarian Stock Exchange since 2015, Sirma's debut in Frankfurt expands investor access, enhances liquidity, and strengthens visibility among international institutional investors. The joint efforts of both stock exchanges have created growth opportunities for new participants in the EuroBridge segment, where Sirma is listed.
Tsvetan Alexiev, CEO of Sirma Group Holding, stated that Frankfurt offers technologically savvy investors, proximity to core DACH and Western European markets, and governance standards that align with the company's philosophy. He described the listing as a defining moment that reinforces Sirma's decision to take a bold step forward into one of Europe's most established financial centers. Manyu Moravenov, CEO of the Bulgarian Stock Exchange, commented that Sirma's dual listing is a significant achievement not only for the company but also for the entire Bulgarian capital market. He noted that this milestone shows Bulgarian companies can successfully compete on the European stage while maintaining strong connections to their home market. The Bulgarian Stock Exchange continues its relationship with Sirma as the company expands internationally, taking advantage of opportunities available under the EuroBridge segment and the strong partnership with Deutsche Börse.
Caroline von Linsingen, Head of IPO & Growth Financing at Deutsche Börse, added that this dual listing highlights the integration of European capital markets and Frankfurt's role as a gateway for innovative European companies. The platform supports Sirma by enhancing the company's visibility and liquidity across Europe and beyond. Sirma enters the Frankfurt market as an established European technology group with more than 800 employees and a distinctive heritage as an early AI innovator. Since 1992, the company has developed AI-powered software to address complex enterprise challenges across highly regulated industries. This decades-long focus on intelligent automation, data analytics, and decision-support systems has created a robust foundation for the company's current enterprise AI platform offerings delivered through its Sirma.AI Enterprise platform.
In 2025, Sirma generated consolidated revenues of approximately EUR 66 million, with 43% recurring revenue, a testament to the mission-critical nature of its AI-powered solutions. As of late January 2026, the company's market capitalization stood at around EUR 77 million. The share price delivered 94% growth in 2025, rising from EUR 0.50 to EUR 0.97, with momentum continuing into 2026, reaching EUR 1.29 on January 30. The dual listing provides access to a broader analyst base and institutional investors who understand enterprise software economics and recurring revenue models. Sirma offers a de-risked entry point into European enterprise AI technology, differentiated by over three decades of proven AI implementation experience, a decade of audited financials as a public company, diversified revenue streams across multiple sectors, and continued investment in next-generation enterprise AI platform modernization. Investors can find additional information through the company's investor relations portal.
