A 
0.14
-0.36%
Close of 6 Nov 2026, in PLN
At a glance
Figures in PLN, from our data supplier.
Revenue
PLN 243.5m
FY2016FY2025
Net income
PLN 531,000
FY2016FY2025
Free cash flow
−PLN 854,000
FY2016FY2025
Shareholders' equity
PLN 69.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 243.5m | PLN 238.9m | PLN 233.9m | PLN 254.8m | PLN 250.1m | PLN 216.0m | PLN 550.5m | PLN 408.5m | PLN 189.2m | PLN 176.8m |
| Operating income | PLN 5.2m | PLN 10.1m | PLN 19.0m | PLN 2.4m | PLN 9.3m | PLN 5.9m | −PLN 19.3m | PLN 6.7m | PLN 7.4m | PLN 8.5m |
| Net income | PLN 531,000 | PLN 3.2m | PLN 11.1m | −PLN 3.1m | PLN 2.8m | −PLN 27.1m | −PLN 23.1m | PLN 3.7m | PLN 3.9m | PLN 4.6m |
| Diluted earnings per share | 0.01 | 0.05 | 0.20 | -0.05 | 0.05 | -0.48 | -0.41 | 0.06 | 0.07 | 0.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | PLN 163.5m | PLN 158.4m | PLN 153.9m | PLN 158.8m | PLN 169.8m | PLN 164.1m | PLN 270.1m | PLN 295.6m | PLN 146.7m | PLN 143.9m |
| Cash and short-term investments | PLN 7.7m | PLN 6.5m | PLN 4.6m | PLN 6.0m | PLN 11.3m | PLN 7.6m | PLN 7.9m | PLN 8.6m | PLN 6.9m | PLN 7.9m |
| Total liabilities | PLN 98.7m | PLN 103.1m | PLN 101.6m | PLN 116.4m | PLN 124.6m | PLN 121.9m | PLN 213.1m | PLN 214.8m | PLN 57.0m | PLN 53.0m |
| Debt | PLN 14.0m | PLN 28.2m | PLN 44.2m | PLN 64.1m | PLN 74.8m | PLN 74.9m | PLN 100.3m | PLN 67.6m | PLN 20.5m | PLN 11.2m |
| Shareholders' equity | PLN 69.0m | PLN 59.5m | PLN 56.4m | PLN 45.7m | PLN 48.0m | PLN 45.3m | PLN 68.4m | PLN 93.2m | PLN 89.7m | PLN 90.9m |
| Shares outstanding | 97m | 63m | 57m | 57m | 57m | 57m | 57m | 57m | 57m | 59m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | PLN 2.2m | −PLN 2.8m | PLN 2.8m | PLN 3.1m | PLN 9.7m | PLN 13.7m | −PLN 3.3m | PLN 33.4m | −PLN 3.6m | PLN 6.1m |
| Capital spending | −PLN 3.0m | — | −PLN 92,000 | −PLN 228,000 | −PLN 858,000 | −PLN 806,000 | −PLN 4.1m | −PLN 2.4m | −PLN 341,000 | −PLN 133,000 |
| Free cash flow | −PLN 854,000 | −PLN 2.8m | PLN 2.7m | PLN 2.9m | PLN 8.8m | PLN 12.9m | −PLN 7.4m | PLN 31.0m | −PLN 3.9m | PLN 6.0m |
| Dividends paid | — | — | — | — | — | — | — | — | −PLN 3.4m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 53.3m | PLN 54.0m | PLN 67.5m | PLN 59.4m | PLN 61.9m | PLN 54.7m | PLN 69.2m | PLN 58.0m |
| Operating income | PLN 540,000 | −PLN 2.7m | PLN 4.4m | PLN 1.7m | PLN 3.7m | −PLN 4.5m | PLN 7.4m | −PLN 2.5m |
| Net income | PLN 381,000 | −PLN 3.1m | PLN 825,000 | PLN 1.2m | PLN 3.3m | −PLN 4.8m | PLN 3.6m | PLN 15,000 |
| Diluted earnings per share | 0.00 | -0.03 | 0.01 | 0.01 | 0.03 | -0.05 | 0.06 | 0.00 |
| Cash from operations | −PLN 4.0m | PLN 4.0m | — | PLN 1.0m | −PLN 3.0m | PLN 4.0m | −PLN 5.0m | — |
| Capital spending | — | — | — | — | −PLN 1.0m | — | — | — |
| Free cash flow | — | — | — | — | −PLN 4.0m | — | — | — |
| Total assets | PLN 161.0m | PLN 155.2m | PLN 163.5m | PLN 156.5m | PLN 178.0m | PLN 154.7m | PLN 158.4m | PLN 162.4m |
| Cash and short-term investments | PLN 8.0m | PLN 11.5m | PLN 7.7m | PLN 7.0m | PLN 5.9m | PLN 5.1m | PLN 6.5m | PLN 7.0m |
| Debt | PLN 16.3m | PLN 10.9m | PLN 12.2m | PLN 9.4m | PLN 6.2m | — | PLN 8.3m | PLN 18.3m |
| Shareholders' equity | PLN 66.4m | PLN 65.5m | PLN 69.0m | PLN 68.1m | PLN 66.6m | PLN 54.2m | PLN 59.5m | PLN 55.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.5% | 2.4% | 3.6% |
| Operating income | 29.8% | -2.2% | -7.0% |
| Net income | — | — | -22.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 3.2% | 3.8% | 3.6% | 2.2% |
| Net margin | 0.8% | 1.2% | -0.9% | -0.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 59.1 | 4.7 | 1.2 | -8.3 | 9.3 | -3.1 | -8.4 | 53.4 | 59.2 | 69.3 |
| Price to sales | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.4 | 0.3 | 0.5 | 1.2 | 1.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 29 Jun 2017.
| FY2017 | |
|---|---|
| Paid in the year | 0.06 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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