5.70
—
Close of 9 Nov 2026, in PLN
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At a glance
Figures in PLN, from our data supplier.
Revenue
PLN 102.3m
FY2016FY2025
Net income
−PLN 1.6m
FY2016FY2025
Free cash flow
PLN 5.6m
FY2016FY2025
Shareholders' equity
PLN 53.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 102.3m | PLN 112.5m | PLN 139.4m | PLN 142.1m | PLN 150.7m | PLN 129.9m | PLN 118.7m | PLN 124.3m | PLN 111.5m | PLN 109.2m |
| Operating income | PLN 1.1m | PLN 916,000 | PLN 5.2m | −PLN 2.8m | PLN 6.8m | PLN 4.9m | PLN 4.7m | PLN 14.1m | PLN 11.6m | PLN 16.9m |
| Net income | −PLN 1.6m | −PLN 1.1m | PLN 615,000 | −PLN 4.1m | PLN 3.2m | PLN 3.0m | PLN 2.6m | PLN 11.4m | PLN 9.2m | PLN 12.2m |
| Diluted earnings per share | -0.58 | -0.42 | 0.23 | -1.53 | 1.18 | 1.10 | 0.97 | 4.22 | 3.39 | 6.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | PLN 73.3m | PLN 78.9m | PLN 84.0m | PLN 93.0m | PLN 105.7m | PLN 91.0m | PLN 81.6m | PLN 87.8m | PLN 69.7m | PLN 51.9m |
| Cash and short-term investments | PLN 4.9m | PLN 2.9m | PLN 3.3m | PLN 5.8m | PLN 3.6m | PLN 8.2m | PLN 10.9m | PLN 12.6m | PLN 20.8m | PLN 675,000 |
| Total liabilities | PLN 20.3m | PLN 24.6m | PLN 25.9m | PLN 35.0m | PLN 39.3m | PLN 25.1m | PLN 13.7m | PLN 17.1m | PLN 8.4m | PLN 34.4m |
| Debt | PLN 8.8m | PLN 12.8m | PLN 16.2m | PLN 22.3m | PLN 27.7m | PLN 16.1m | PLN 6.0m | PLN 9.5m | PLN 2.0m | PLN 20.5m |
| Shareholders' equity | PLN 53.5m | PLN 55.1m | PLN 58.9m | PLN 58.7m | PLN 65.4m | PLN 64.9m | PLN 67.3m | PLN 70.1m | PLN 61.3m | PLN 17.6m |
| Shares outstanding | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 2m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | PLN 5.8m | PLN 7.3m | PLN 4.9m | PLN 6.6m | −PLN 8.0m | −PLN 6.8m | PLN 11.1m | −PLN 9.2m | PLN 4.3m | −PLN 7.8m |
| Capital spending | −PLN 199,000 | −PLN 114,000 | −PLN 384,000 | −PLN 2.6m | −PLN 3.1m | −PLN 899,000 | −PLN 894,000 | −PLN 1.4m | −PLN 214,000 | −PLN 40,000 |
| Free cash flow | PLN 5.6m | PLN 7.2m | PLN 4.6m | PLN 4.0m | −PLN 11.1m | −PLN 7.7m | PLN 10.2m | −PLN 10.6m | PLN 4.1m | −PLN 7.9m |
| Dividends paid | — | −PLN 2.7m | — | −PLN 2.7m | −PLN 2.7m | −PLN 5.7m | −PLN 5.7m | −PLN 3.1m | — | −PLN 2.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 21.1m | PLN 17.4m | PLN 33.2m | PLN 23.8m | PLN 22.7m | PLN 22.7m | PLN 32.7m | PLN 27.1m |
| Operating income | −PLN 53,000 | −PLN 907,000 | PLN 2.9m | PLN 753,000 | −PLN 376,000 | −PLN 1.8m | −PLN 652,000 | PLN 1.1m |
| Net income | −PLN 807,000 | −PLN 1.3m | PLN 1.2m | PLN 291,000 | −PLN 1.1m | −PLN 2.0m | −PLN 738,000 | PLN 286,000 |
| Diluted earnings per share | -0.30 | -0.49 | 0.44 | 0.11 | -0.40 | -0.73 | -0.27 | 0.11 |
| Cash from operations | −PLN 4.0m | −PLN 4.0m | PLN 7.0m | PLN 1.0m | PLN 1.0m | −PLN 4.0m | — | PLN 4.0m |
| Total assets | PLN 76.8m | PLN 68.9m | PLN 73.3m | PLN 76.6m | PLN 76.0m | PLN 79.3m | PLN 78.9m | PLN 78.6m |
| Cash and short-term investments | PLN 1.7m | PLN 1.2m | PLN 4.9m | PLN 1.9m | PLN 1.2m | PLN 2.4m | PLN 2.9m | PLN 2.5m |
| Debt | PLN 13.6m | PLN 8.8m | PLN 8.5m | PLN 13.8m | PLN 13.9m | PLN 16.4m | PLN 12.6m | PLN 13.0m |
| Shareholders' equity | PLN 50.8m | PLN 52.1m | PLN 53.5m | PLN 52.2m | PLN 51.9m | PLN 53.1m | PLN 55.1m | PLN 55.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -10.4% | -4.7% | 7.3% |
| Operating income | — | -25.9% | -15.9% |
| Net income | -27.5% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 0.9% | 0.9% | 2.1% | 5.4% |
| Net margin | -1.3% | -1.3% | -0.0% | 3.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -7.7 | -18.3 | 40.6 | -5.9 | 9.6 | 11.4 | 14.0 | 3.7 | 6.2 |
| Price to sales | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 24 Jul 2024.
| FY2024 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|
| Paid in the year | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 1.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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