M 
2.23
0.00%
Close of 9 Nov 2026, in PLN
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in PLN, from our data supplier.
Revenue
PLN 20.9m
FY2016FY2025
Net income
PLN 4.1m
FY2016FY2025
Free cash flow
PLN 5.1m
FY2016FY2025
Shareholders' equity
PLN 101.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 20.9m | PLN 19.2m | PLN 7.1m | PLN 6.3m | PLN 5.9m | PLN 7.8m | PLN 5.1m | PLN 6.4m | PLN 2.4m | PLN 2.9m |
| Research and development | — | — | — | PLN 471,000 | PLN 537,000 | PLN 367,000 | PLN 40,000 | — | — | — |
| Operating income | −PLN 3.7m | PLN 715,000 | PLN 81.3m | −PLN 2.4m | PLN 1.3m | PLN 6.3m | PLN 1.2m | −PLN 1.3m | −PLN 1.6m | −PLN 4.5m |
| Net income | PLN 4.1m | PLN 3.8m | PLN 68.5m | −PLN 585,000 | PLN 1.2m | PLN 3.8m | PLN 1.6m | −PLN 4.8m | PLN 1.7m | −PLN 27.0m |
| Diluted earnings per share | 0.29 | 0.28 | 4.92 | -0.04 | 0.09 | 0.27 | 0.12 | -0.35 | 0.12 | -1.94 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | PLN 117.4m | PLN 112.4m | PLN 100.3m | PLN 33.4m | PLN 37.6m | PLN 33.2m | PLN 29.5m | PLN 28.6m | PLN 32.8m | PLN 28.7m |
| Cash and short-term investments | PLN 8.7m | PLN 6.3m | PLN 46.5m | PLN 10.6m | PLN 10.1m | PLN 3.2m | PLN 2.1m | PLN 7.1m | PLN 6.4m | PLN 428,000 |
| Total liabilities | PLN 10.6m | PLN 10.6m | PLN 3.6m | PLN 5.2m | PLN 6.2m | PLN 6.0m | PLN 7.5m | PLN 8.7m | PLN 7.8m | PLN 5.4m |
| Debt | PLN 1.4m | PLN 1.5m | PLN 1.2m | PLN 1.4m | PLN 2.9m | PLN 550,000 | PLN 709,000 | PLN 1.5m | PLN 125,000 | PLN 1.2m |
| Shareholders' equity | PLN 101.5m | PLN 97.4m | PLN 93.6m | PLN 25.1m | PLN 28.3m | PLN 25.0m | PLN 20.8m | PLN 19.5m | PLN 24.7m | PLN 23.3m |
| Shares outstanding | 14m | 14m | 14m | 14m | 14m | 14m | 14m | 14m | 14m | 14m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | PLN 5.3m | −PLN 31,000 | PLN 66.2m | −PLN 1.3m | −PLN 1.9m | PLN 3.2m | −PLN 1.1m | −PLN 1.3m | −PLN 1.8m | −PLN 573,000 |
| Capital spending | −PLN 207,000 | −PLN 3.1m | −PLN 640,000 | −PLN 4,000 | −PLN 19,000 | −PLN 5,000 | −PLN 802,000 | −PLN 743,000 | −PLN 5,000 | −PLN 3,000 |
| Free cash flow | PLN 5.1m | −PLN 3.1m | PLN 65.5m | −PLN 1.4m | −PLN 1.9m | PLN 3.2m | −PLN 1.9m | −PLN 2.0m | −PLN 1.8m | −PLN 576,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 4.5m | PLN 4.7m | PLN 5.4m | PLN 5.3m | PLN 5.1m | PLN 5.1m | PLN 6.1m | PLN 5.4m |
| Operating income | −PLN 3.2m | −PLN 1.9m | −PLN 1.4m | −PLN 1.3m | −PLN 899,000 | −PLN 137,000 | −PLN 959,000 | −PLN 758,000 |
| Net income | −PLN 1.4m | −PLN 319,000 | PLN 2.5m | PLN 112,000 | PLN 874,000 | PLN 599,000 | PLN 192,000 | PLN 76,000 |
| Diluted earnings per share | -0.10 | -0.02 | 0.18 | 0.01 | 0.06 | 0.04 | 0.01 | 0.01 |
| Cash from operations | — | — | PLN 5.0m | — | PLN 1.0m | — | PLN 1.0m | — |
| Capital spending | — | — | — | — | — | −PLN 1.0m | — | — |
| Total assets | PLN 119.8m | PLN 118.3m | PLN 117.4m | PLN 110.4m | PLN 113.7m | PLN 109.9m | PLN 112.4m | PLN 108.1m |
| Cash and short-term investments | PLN 7.0m | PLN 7.0m | PLN 8.7m | PLN 51.1m | PLN 12.4m | PLN 54.5m | PLN 6.3m | PLN 65.7m |
| Debt | PLN 896,000 | PLN 583,000 | PLN 972,000 | PLN 909,000 | PLN 1.1m | PLN 1.2m | PLN 845,000 | PLN 713,000 |
| Shareholders' equity | PLN 104.0m | PLN 101.1m | PLN 101.5m | PLN 99.0m | PLN 98.9m | PLN 98.0m | PLN 97.4m | PLN 97.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 49.4% | 21.9% | 26.0% |
| Operating income | 14.9% | — | 14.5% |
| Net income | — | 1.2% | 6.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -7.4% | 141.9% | 124.3% | 88.7% |
| Net margin | 19.6% | 141.7% | 120.2% | 63.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 8.4 | 9.7 | 0.8 | -90.8 | 31.0 | 5.6 | -0.6 | 3.1 | -0.4 | 11.8 |
| Price to sales | 1.6 | 1.9 | 7.4 | 8.4 | 6.2 | 2.8 | 0.4 | 2.2 | 3.6 | 12.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 31 Oct 2007.
| FY2007 | |
|---|---|
| Paid in the year | 0.217 |
- 10-to-1 reverse split · 14 Apr 2014
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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