E 
46.00
-4.17%
Close of 6 Nov 2026, in PLN
Search any instrument
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 74.5m
FY2016FY2025
Net income
−PLN 67,000
FY2016FY2025
Free cash flow
PLN 3.7m
FY2016FY2025
Shareholders' equity
PLN 40.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 74.5m | PLN 73.7m | PLN 94.3m | PLN 119.3m | PLN 107.5m | PLN 80.8m | PLN 84.9m | PLN 88.2m | PLN 82.1m | PLN 92.0m |
| Research and development | PLN 56,000 | — | PLN 89,000 | PLN 65,000 | PLN 90,000 | PLN 40,000 | PLN 39,000 | PLN 277,000 | PLN 282,000 | PLN 270,000 |
| Operating income | −PLN 1.1m | −PLN 821,000 | PLN 4.0m | PLN 5.0m | PLN 1.6m | PLN 3.4m | PLN 1.7m | PLN 20,000 | PLN 2.5m | PLN 6.4m |
| Net income | −PLN 67,000 | −PLN 653,000 | PLN 3.2m | PLN 3.2m | PLN 1.5m | PLN 2.7m | PLN 686,000 | −PLN 569,000 | PLN 2.1m | PLN 5.4m |
| Diluted earnings per share | -0.09 | -0.90 | 4.41 | 3.60 | 2.09 | 3.56 | 0.89 | -0.74 | 2.73 | 6.67 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | PLN 68.5m | PLN 70.1m | PLN 74.4m | PLN 81.1m | PLN 76.7m | PLN 61.3m | PLN 67.8m | PLN 68.7m | PLN 68.6m | PLN 63.9m |
| Cash and short-term investments | PLN 1.8m | PLN 415,000 | PLN 1.8m | PLN 654,000 | PLN 4.6m | PLN 2.0m | PLN 2.2m | PLN 1.9m | PLN 311,000 | PLN 3.6m |
| Total liabilities | PLN 27.9m | PLN 29.3m | PLN 32.9m | PLN 40.6m | PLN 39.3m | PLN 25.7m | PLN 32.6m | PLN 34.3m | PLN 33.5m | PLN 26.7m |
| Debt | PLN 5.3m | PLN 7.7m | PLN 7.2m | PLN 11.5m | PLN 12.3m | PLN 5.5m | PLN 11.4m | PLN 14.4m | PLN 11.8m | PLN 9.6m |
| Shareholders' equity | PLN 40.7m | PLN 40.8m | PLN 41.4m | PLN 40.5m | PLN 37.4m | PLN 35.6m | PLN 35.2m | PLN 34.5m | PLN 35.1m | PLN 37.2m |
| Shares outstanding | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | PLN 6.5m | −PLN 1.1m | PLN 6.3m | PLN 15.8m | PLN 1.2m | PLN 5.6m | PLN 6.6m | PLN 4.4m | PLN 1.7m | PLN 7.3m |
| Capital spending | −PLN 2.8m | −PLN 254,000 | −PLN 871,000 | −PLN 17.7m | −PLN 7.5m | −PLN 1.5m | −PLN 3.1m | −PLN 5.1m | −PLN 4.7m | −PLN 6.2m |
| Free cash flow | PLN 3.7m | −PLN 1.4m | PLN 5.4m | −PLN 1.9m | −PLN 6.3m | PLN 4.2m | PLN 3.5m | −PLN 709,000 | −PLN 3.0m | PLN 1.1m |
| Dividends paid | — | — | — | — | — | — | — | — | −PLN 1.1m | −PLN 500,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 30.4m | PLN 18.3m | PLN 15.1m | PLN 17.4m | PLN 20.9m | PLN 21.0m | PLN 15.1m | PLN 18.2m |
| Operating income | PLN 1.8m | PLN 104,000 | −PLN 745,000 | −PLN 53,000 | PLN 1.2m | −PLN 343,000 | −PLN 993,000 | −PLN 609,000 |
| Net income | PLN 1.6m | PLN 30,000 | −PLN 428,000 | −PLN 96,000 | PLN 1.1m | −PLN 572,000 | −PLN 1.1m | PLN 55,000 |
| Diluted earnings per share | 2.18 | 0.04 | -0.59 | -0.13 | 1.52 | -0.79 | -1.56 | 0.08 |
| Cash from operations | PLN 1.0m | — | PLN 2.0m | PLN 1.0m | — | PLN 1.0m | PLN 1.0m | — |
| Capital spending | — | — | — | −PLN 1.0m | — | — | — | — |
| Free cash flow | — | — | — | PLN 0 | — | — | — | — |
| Total assets | PLN 78.9m | PLN 72.5m | PLN 68.5m | PLN 69.7m | PLN 72.9m | PLN 76.1m | PLN 70.1m | PLN 76.8m |
| Cash and short-term investments | PLN 1.8m | PLN 1.0m | PLN 1.8m | PLN 303,000 | PLN 799,000 | PLN 231,000 | PLN 415,000 | PLN 1.3m |
| Debt | PLN 1.4m | PLN 3.6m | PLN 4.1m | PLN 4.1m | PLN 5.6m | PLN 5.9m | PLN 6.8m | PLN 8.4m |
| Shareholders' equity | PLN 42.3m | PLN 40.7m | PLN 40.7m | PLN 41.1m | PLN 41.3m | PLN 40.2m | PLN 40.8m | PLN 41.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -14.5% | -1.6% | -1.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1.3% | 2.0% | 2.2% | 2.5% |
| Net margin | -0.5% | 1.6% | 1.8% | 1.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -428.9 | -56.7 | 12.0 | 12.5 | 23.0 | 11.1 | 33.2 | -60.1 | 21.2 | 8.7 |
| Price to sales | 0.4 | 0.5 | 0.4 | 0.3 | 0.3 | 0.4 | 0.3 | 0.4 | 0.5 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 6 Apr 2017.
| FY2017 | FY2016 | |
|---|---|---|
| Paid in the year | 1.25 | 0.62 |
- 50-to-1 reverse split · 30 Jul 2014
- 5-for-1 split · 2 Jul 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.