52.00
-0.57%
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 811.2m
FY2018FY2025
Net income
PLN 238.7m
FY2018FY2025
Free cash flow
PLN 295.5m
FY2018FY2025
Shareholders' equity
PLN 517.6m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 811.2m | PLN 770.0m | PLN 724.4m | PLN 608.5m | PLN 475.1m | PLN 299.3m | PLN 367.5m | PLN 327.2m |
| Operating income | PLN 325.7m | PLN 297.0m | PLN 281.8m | PLN 252.6m | PLN 227.5m | PLN 136.1m | PLN 164.0m | PLN 154.1m |
| Net income | PLN 238.7m | PLN 204.3m | PLN 185.0m | PLN 166.6m | PLN 254.7m | PLN 105.8m | PLN 125.5m | PLN 117.2m |
| Diluted earnings per share | 3.46 | 2.95 | 2.67 | 2.14 | 3.73 | 1.58 | 1.82 | 1.70 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | PLN 1.04bn | PLN 1.04bn | PLN 1.03bn | PLN 1.02bn | PLN 499.7m | PLN 306.1m | PLN 273.6m | PLN 263.3m |
| Cash and short-term investments | PLN 122.3m | PLN 208.6m | PLN 163.8m | PLN 109.9m | PLN 209.9m | PLN 150.3m | PLN 102.2m | PLN 103.7m |
| Total liabilities | PLN 522.9m | PLN 612.4m | PLN 665.5m | PLN 707.3m | PLN 250.5m | PLN 203.1m | PLN 217.6m | PLN 286.1m |
| Debt | PLN 157.2m | PLN 246.3m | PLN 296.9m | PLN 386.4m | PLN 26.3m | PLN 61.4m | PLN 67.2m | PLN 138.1m |
| Shareholders' equity | PLN 517.6m | PLN 431.3m | PLN 363.1m | PLN 315.4m | PLN 249.1m | PLN 103.2m | PLN 55.6m | −PLN 23.5m |
| Shares outstanding | 69m | 69m | 69m | 78m | 68m | 67m | 69m | 69m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | PLN 323.5m | PLN 287.8m | PLN 322.9m | PLN 239.0m | PLN 224.9m | PLN 124.5m | PLN 151.0m | PLN 149.2m |
| Capital spending | −PLN 28.0m | −PLN 24.4m | −PLN 22.4m | −PLN 15.8m | −PLN 8.1m | −PLN 2.7m | −PLN 7.5m | −PLN 6.7m |
| Free cash flow | PLN 295.5m | PLN 263.4m | PLN 300.5m | PLN 223.2m | PLN 216.8m | PLN 121.8m | PLN 143.5m | PLN 142.5m |
| Dividends paid | −PLN 154.8m | −PLN 136.5m | −PLN 102.4m | −PLN 136.5m | −PLN 103.7m | −PLN 60.0m | −PLN 47.9m | −PLN 1.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 216.1m | PLN 209.4m | PLN 197.0m | PLN 205.0m | PLN 204.4m | PLN 204.9m | PLN 187.5m | PLN 193.0m |
| Operating income | PLN 83.1m | PLN 79.4m | PLN 69.6m | PLN 90.2m | PLN 81.6m | PLN 90.3m | PLN 62.4m | PLN 81.3m |
| Net income | PLN 65.6m | PLN 62.7m | PLN 54.4m | PLN 64.7m | PLN 54.8m | PLN 64.7m | PLN 44.1m | PLN 60.6m |
| Diluted earnings per share | 0.95 | 0.91 | 0.79 | 0.94 | 0.80 | 0.94 | 0.64 | 0.88 |
| Cash from operations | PLN 92.0m | PLN 111.0m | PLN 71.0m | PLN 74.0m | PLN 74.0m | PLN 103.0m | PLN 71.0m | PLN 66.0m |
| Capital spending | −PLN 10.0m | −PLN 7.0m | −PLN 8.0m | −PLN 2.0m | −PLN 10.0m | −PLN 7.0m | −PLN 5.0m | −PLN 6.0m |
| Free cash flow | PLN 82.0m | PLN 104.0m | PLN 63.0m | PLN 72.0m | PLN 64.0m | PLN 96.0m | PLN 66.0m | PLN 60.0m |
| Total assets | PLN 1.22bn | PLN 1.16bn | PLN 1.04bn | PLN 1.04bn | PLN 1.14bn | PLN 1.11bn | PLN 1.04bn | PLN 1.02bn |
| Cash and short-term investments | PLN 343.2m | PLN 275.0m | PLN 122.3m | PLN 207.5m | PLN 303.5m | PLN 272.7m | PLN 208.6m | PLN 176.1m |
| Debt | PLN 123.7m | PLN 123.0m | PLN 122.9m | PLN 202.8m | PLN 218.4m | PLN 226.5m | PLN 227.0m | PLN 266.0m |
| Shareholders' equity | PLN 463.0m | PLN 595.2m | PLN 517.6m | PLN 475.1m | PLN 403.2m | PLN 480.2m | PLN 431.3m | PLN 390.2m |
Financial ratios
Data as of 25 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 40.2% | 37.1% | 35.8% | 39.3% | 67.5% | 45.5% |
| Net margin | 29.4% | 26.5% | 25.5% | 27.4% | 53.6% | 35.3% |
| Return on equity | 46.1% | 47.4% | 51.0% | 52.8% | 102.2% | 102.5% |
| Return on assets | 22.9% | 19.6% | 18.0% | 16.3% | 51.0% | 34.6% |
| Free cash flow yield | 9.3% | 8.2% | 9.1% | 5.9% | 6.2% | 3.4% |
| Revenue growth | 5.4% | 6.3% | 19.0% | 28.1% | 58.7% | -18.6% |
| Earnings growth | 16.8% | 10.4% | 11.1% | -34.6% | 140.8% | -15.7% |
| Current ratio | 0.75x | 0.82x | 0.72x | 0.60x | 1.37x | 1.04x |
| Debt to equity | 0.24x | 0.53x | 0.75x | 1.20x | 0.04x | 0.37x |
| Equity ratio | 49.7% | 41.3% | 35.3% | 30.8% | 49.9% | 33.7% |
| Interest coverage | 22.89x | 14.18x | 9.33x | 13.16x | 285.48x | 62.04x |
| Buybacks as a share of market value | 0.4% | 0.0% | 11.0% | -14.0% | -1.9% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.6% | 21.8% | — |
| Operating income | 8.9% | 19.1% | — |
| Net income | 12.7% | 17.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 39.4% | 39.7% | 41.2% | — |
| Net margin | 28.0% | 27.3% | 31.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 13.4 | 19.4 | 23.2 | 19.1 | 19.4 |
| Price to sales | 4.0 | 5.3 | 6.2 | 5.4 | 10.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 23 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Paid in the year | 3.00 | 4.20 | 2.00 | 1.50 | 2.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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