E 
1.41
-2.76%
Close of 6 Nov 2026, in PLN
At a glance
Figures in PLN, from our data supplier.
Net income
PLN 10.0m
FY2015FY2024
Free cash flow
−PLN 1.5m
FY2015FY2024
Shareholders' equity
PLN 166.0m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income | PLN 7.3m | PLN 2.6m | PLN 260.6m | PLN 2.9m | −PLN 1.4m | −PLN 112,000 | −PLN 417,000 | −PLN 112,000 | PLN 39,100 | −PLN 132,400 |
| Net income | PLN 10.0m | PLN 23.0m | PLN 6.5m | −PLN 4.6m | −PLN 1.5m | PLN 35,000 | PLN 88,000 | −PLN 26,000 | PLN 185,000 | −PLN 1.3m |
| Diluted earnings per share | 0.03 | 0.06 | 0.02 | -0.01 | -0.06 | 0.00 | 0.01 | -0.00 | 0.02 | -0.16 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | PLN 448.0m | PLN 448.0m | PLN 351.2m | PLN 368.3m | PLN 8.7m | PLN 2.8m | PLN 2.0m | PLN 1.9m | PLN 1.0m | PLN 917,400 |
| Cash and short-term investments | PLN 4.9m | PLN 13.2m | PLN 28.7m | PLN 38.9m | PLN 142,400 | PLN 114,000 | PLN 1.1m | PLN 1.3m | PLN 241,200 | PLN 145,100 |
| Total liabilities | PLN 282.0m | PLN 342.0m | PLN 200.3m | PLN 191.5m | PLN 2.7m | PLN 357,000 | PLN 164,000 | PLN 67,000 | PLN 221,700 | PLN 440,500 |
| Debt | PLN 25.0m | PLN 35.0m | PLN 66.3m | PLN 29.0m | PLN 1.6m | PLN 200,000 | — | — | PLN 116,500 | PLN 132,800 |
| Shareholders' equity | PLN 166.0m | PLN 106.0m | PLN 150.9m | PLN 176.8m | PLN 6.0m | PLN 2.5m | PLN 1.8m | PLN 1.8m | PLN 824,700 | PLN 476,900 |
| Shares outstanding | 315m | 315m | 315m | 315m | 24m | 24m | 17m | 16m | 12m | 8m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | PLN 5.0m | PLN 162.0m | −PLN 79.6m | PLN 8.1m | −PLN 221,000 | −PLN 311,400 | −PLN 51,000 | PLN 320,000 | −PLN 52,700 | −PLN 167,900 |
| Capital spending | −PLN 6.5m | −PLN 381.0m | — | −PLN 4.3m | — | — | — | −PLN 2,000 | — | — |
| Free cash flow | −PLN 1.5m | −PLN 219.0m | −PLN 79.6m | PLN 3.8m | −PLN 221,000 | −PLN 311,400 | −PLN 51,000 | PLN 318,000 | −PLN 52,700 | −PLN 167,900 |
Latest quarters
By quarter end
| Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −PLN 890,000 | PLN 2.8m | PLN 970,000 | PLN 2.0m | PLN 1.7m | PLN 4.7m | PLN 43.3m | −PLN 40.7m |
| Net income | PLN 990,000 | PLN 2.7m | PLN 5.0m | PLN 4.0m | −PLN 300,000 | PLN 1.6m | PLN 60.4m | −PLN 37.3m |
| Diluted earnings per share | — | 0.01 | 0.02 | 0.01 | — | 0.01 | 0.19 | -0.13 |
| Cash from operations | — | −PLN 1.0m | PLN 10.0m | PLN 1.0m | PLN 1.0m | −PLN 8.0m | PLN 157.0m | PLN 4.0m |
| Capital spending | −PLN 1.0m | — | −PLN 6.0m | — | — | — | −PLN 380.0m | — |
| Free cash flow | — | — | PLN 4.0m | — | — | — | −PLN 223.0m | — |
| Total assets | PLN 422.0m | PLN 429.0m | PLN 448.0m | PLN 424.0m | PLN 447.0m | PLN 444.0m | PLN 447.8m | PLN 248.1m |
| Cash and short-term investments | PLN 5.4m | PLN 3.4m | PLN 4.9m | PLN 6.4m | PLN 5.1m | PLN 5.5m | PLN 13.2m | PLN 4.8m |
| Debt | PLN 6.3m | PLN 18.0m | PLN 10.0m | PLN 9.9m | PLN 9.4m | PLN 4.5m | PLN 4.8m | PLN 27.7m |
| Shareholders' equity | PLN 152.0m | PLN 155.0m | PLN 166.0m | PLN 148.0m | PLN 107.0m | PLN 105.8m | PLN 105.5m | PLN 110.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -27.1% | — | — |
| Operating income | 35.5% | — | — |
| Net income | — | 209.9% | — |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 27.4 | 8.2 | 25.8 | -50.1 | -6.1 | 232.7 | 26.6 | -193.3 | 44.7 | -7.9 |
| Price to sales | 2.7 | 4.5 | 0.6 | 0.9 | — | — | 18.7 | 104.7 | 198.9 | 132.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 18 May 2009.
- 4-for-3 split · 26 May 2022
- 5-to-1 reverse split · 13 Jan 2017
- 4-for-1 split · 29 Jul 2016
- 4-for-1 split · 25 Sept 2014
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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