M 
0.61
-0.65%
Close of 9 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 53.7m
FY2016FY2025
Net income
−PLN 1.5m
FY2016FY2025
Free cash flow
PLN 1.4m
FY2016FY2025
Shareholders' equity
PLN 27.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 53.7m | PLN 47.5m | PLN 47.1m | PLN 43.3m | PLN 33.7m | PLN 24.4m | PLN 21.8m | PLN 22.2m | PLN 20.2m | PLN 32.2m |
| Gross profit | PLN 15.8m | PLN 15.8m | PLN 16.2m | PLN 13.8m | PLN 10.1m | PLN 8.0m | PLN 7.4m | PLN 7.6m | PLN 5.7m | PLN 11.0m |
| Research and development | — | — | PLN 496,000 | PLN 431,000 | — | — | — | — | — | — |
| Operating income | PLN 38,003 | −PLN 1.6m | PLN 383,343 | −PLN 528,942 | −PLN 2.8m | −PLN 3.0m | −PLN 5.8m | −PLN 4.5m | −PLN 8.3m | −PLN 9.8m |
| Net income | −PLN 1.5m | −PLN 3.6m | −PLN 1.6m | −PLN 2.5m | −PLN 4.1m | −PLN 4.6m | −PLN 2.3m | −PLN 4.1m | −PLN 11.2m | −PLN 15.4m |
| Diluted earnings per share | -0.03 | -0.08 | -0.04 | -0.05 | -0.11 | -0.13 | -0.07 | -0.12 | -0.46 | -1.34 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | PLN 55.7m | PLN 59.7m | PLN 59.6m | PLN 56.2m | PLN 57.1m | PLN 53.3m | PLN 53.7m | PLN 50.5m | PLN 49.0m | PLN 55.6m |
| Cash and short-term investments | PLN 180,824 | PLN 156,334 | PLN 120,830 | PLN 27,754 | PLN 222,467 | PLN 953,887 | PLN 1.1m | PLN 1.8m | PLN 1.5m | PLN 296,172 |
| Total liabilities | PLN 28.4m | PLN 30.9m | PLN 37.9m | PLN 34.2m | PLN 35.6m | PLN 32.9m | PLN 31.8m | PLN 28.1m | PLN 34.7m | PLN 50.3m |
| Debt | PLN 13.6m | PLN 13.2m | PLN 21.7m | PLN 19.3m | PLN 20.2m | PLN 21.2m | PLN 20.7m | PLN 15.8m | PLN 21.6m | PLN 22.6m |
| Shareholders' equity | PLN 27.4m | PLN 28.8m | PLN 21.6m | PLN 22.1m | PLN 21.5m | PLN 20.5m | PLN 21.9m | PLN 22.4m | PLN 14.4m | PLN 5.3m |
| Shares outstanding | 48m | 47m | 42m | 45m | 38m | 35m | 34m | 33m | 24m | 12m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | PLN 1.7m | −PLN 910,837 | −PLN 243,026 | −PLN 593,875 | −PLN 4.0m | −PLN 2.9m | −PLN 5.0m | −PLN 4.2m | −PLN 14.1m | −PLN 2.9m |
| Capital spending | −PLN 277,203 | −PLN 118,401 | −PLN 329,930 | −PLN 718,018 | −PLN 363,492 | −PLN 284,233 | −PLN 755,072 | −PLN 608,805 | −PLN 354,584 | −PLN 385,819 |
| Free cash flow | PLN 1.4m | −PLN 1.0m | −PLN 572,956 | −PLN 1.3m | −PLN 4.4m | −PLN 3.2m | −PLN 5.7m | −PLN 4.8m | −PLN 14.5m | −PLN 3.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 13.4m | PLN 14.5m | PLN 15.1m | PLN 10.9m | PLN 12.7m | PLN 15.0m | PLN 11.6m | PLN 10.3m |
| Gross profit | PLN 3.9m | PLN 4.3m | PLN 4.1m | PLN 3.4m | PLN 3.7m | PLN 4.5m | PLN 3.3m | PLN 3.3m |
| Operating income | −PLN 19,510 | PLN 564,334 | −PLN 380,653 | −PLN 203,894 | −PLN 293,249 | PLN 817,193 | −PLN 853,055 | −PLN 1.3m |
| Net income | −PLN 183,358 | PLN 405,502 | −PLN 916,497 | −PLN 389,666 | −PLN 681,337 | PLN 515,715 | −PLN 1.5m | −PLN 1.7m |
| Diluted earnings per share | -0.00 | 0.01 | -0.02 | -0.01 | -0.01 | 0.01 | -0.03 | -0.04 |
| Cash from operations | — | — | PLN 1.0m | — | — | — | — | — |
| Total assets | PLN 57.3m | PLN 56.1m | PLN 55.7m | PLN 57.3m | PLN 59.5m | PLN 58.8m | PLN 59.7m | PLN 59.8m |
| Cash and short-term investments | PLN 768,551 | PLN 633,412 | PLN 180,824 | PLN 25,477 | PLN 55,602 | PLN 9,519 | PLN 156,334 | PLN 315,772 |
| Debt | PLN 12.5m | PLN 11.5m | PLN 11.8m | PLN 11.5m | PLN 12.4m | PLN 11.5m | PLN 11.8m | PLN 11.6m |
| Shareholders' equity | PLN 27.6m | PLN 27.8m | PLN 27.4m | PLN 28.3m | PLN 28.7m | PLN 29.3m | PLN 28.8m | PLN 30.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 7.4% | 17.1% | 5.7% |
| Net income | -15.7% | -20.5% | -7.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 31.2% | 32.1% | 31.9% | 32.9% |
| Operating margin | -1.6% | -0.9% | -3.0% | -9.9% |
| Net margin | -5.0% | -4.8% | -7.2% | -14.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -20.6 | -9.5 | -33.1 | -22.6 | -12.4 | -8.6 | -17.9 | -12.0 | -4.6 | -1.0 |
| Price to sales | 0.6 | 0.7 | 1.1 | 1.3 | 1.5 | 1.6 | 1.9 | 2.2 | 2.5 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 50-to-1 reverse split · 4 Jun 2014
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.