O 
208.50
+3.99%
Close of 6 Nov 2026, in HUF
At a glance
Figures in HUF, from our data supplier.
Revenue
HUF 443.43bn
FY2015FY2025
Net income
HUF 21.77bn
FY2015FY2025
Free cash flow
HUF 42.26bn
FY2015FY2025
Shareholders' equity
HUF 227.40bn
FY2015FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | HUF 443.43bn | HUF 586.08bn | HUF 643.79bn | HUF 513.88bn | HUF 295.13bn | HUF 223.43bn | HUF 198.94bn | HUF 40.43bn | HUF 15.31bn | HUF 11.38bn |
| Operating income | HUF 52.89bn | HUF 40.17bn | HUF 44.29bn | HUF 32.27bn | HUF 22.67bn | −HUF 318.0m | −HUF 4.14bn | −HUF 3.19bn | −HUF 490.5m | −HUF 762.1m |
| Net income | HUF 21.77bn | HUF 32.37bn | HUF 25.86bn | HUF 12.32bn | HUF 31.75bn | −HUF 6.52bn | −HUF 27.13bn | HUF 25.49bn | −HUF 963.7m | −HUF 2.33bn |
| Diluted earnings per share | 41.23 | 49.39 | 39.62 | 18.07 | 46.56 | -9.56 | -39.67 | 49.15 | -3.10 | -7.48 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | HUF 1.02trn | HUF 1.06trn | HUF 1.07trn | HUF 1.04trn | HUF 889.52bn | HUF 560.08bn | HUF 646.21bn | HUF 576.72bn | HUF 37.92bn | HUF 16.36bn |
| Cash and short-term investments | — | — | — | — | — | — | — | — | HUF 2.39bn | HUF 1.70bn |
| Total liabilities | HUF 625.22bn | HUF 682.63bn | HUF 716.87bn | HUF 699.32bn | HUF 575.05bn | HUF 332.46bn | HUF 358.66bn | HUF 296.37bn | HUF 30.91bn | HUF 8.26bn |
| Debt | HUF 205.37bn | HUF 224.12bn | HUF 235.67bn | HUF 261.02bn | HUF 279.86bn | HUF 125.55bn | HUF 108.19bn | HUF 66.30bn | HUF 20.75bn | HUF 5.94bn |
| Shareholders' equity | HUF 227.40bn | HUF 225.47bn | HUF 218.29bn | HUF 206.16bn | HUF 227.99bn | HUF 196.25bn | HUF 202.89bn | HUF 168.46bn | HUF 7.01bn | HUF 8.10bn |
| Shares outstanding | 528m | 655m | 653m | 682m | 682m | 682m | 684m | 518m | 311m | — |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | HUF 113.81bn | HUF 49.29bn | HUF 86.78bn | HUF 101.39bn | HUF 32.45bn | HUF 40.59bn | −HUF 36.36bn | HUF 257.07bn | HUF 1.09bn | −HUF 113.6m |
| Capital spending | −HUF 71.55bn | −HUF 90.45bn | −HUF 50.62bn | −HUF 60.76bn | −HUF 30.28bn | −HUF 34.37bn | −HUF 77.26bn | −HUF 305.74bn | −HUF 472.1m | −HUF 457.0m |
| Free cash flow | HUF 42.26bn | −HUF 41.15bn | HUF 36.16bn | HUF 40.63bn | HUF 2.17bn | HUF 6.22bn | −HUF 113.62bn | −HUF 48.67bn | HUF 618.5m | −HUF 570.6m |
| Dividends paid | −HUF 22.60bn | −HUF 25.82bn | −HUF 8.80bn | −HUF 5.79bn | −HUF 5.79bn | −HUF 5.79bn | −HUF 5.79bn | −HUF 46.5m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HUF 103.79bn | HUF 98.95bn | HUF 115.63bn | HUF 98.47bn | HUF 112.23bn | HUF 117.10bn | HUF 165.02bn | HUF 137.10bn |
| Operating income | HUF 6.69bn | HUF 14.48bn | HUF 12.68bn | HUF 9.85bn | HUF 8.38bn | HUF 23.22bn | HUF 7.97bn | HUF 8.53bn |
| Net income | −HUF 1.32bn | HUF 8.58bn | HUF 5.23bn | HUF 6.50bn | HUF 3.51bn | HUF 6.52bn | HUF 13.11bn | HUF 737.7m |
| Diluted earnings per share | -2.51 | 16.24 | 9.92 | 12.11 | 6.54 | 9.95 | 20.00 | 1.14 |
| Cash from operations | HUF 7.89bn | HUF 35.56bn | HUF 53.03bn | HUF 29.34bn | HUF 12.34bn | HUF 19.09bn | HUF 19.43bn | HUF 13.93bn |
| Capital spending | −HUF 5.99bn | −HUF 22.05bn | −HUF 27.35bn | −HUF 16.23bn | −HUF 14.97bn | −HUF 13.00bn | −HUF 34.83bn | −HUF 25.49bn |
| Free cash flow | HUF 1.90bn | HUF 13.51bn | HUF 25.68bn | HUF 13.11bn | −HUF 2.63bn | HUF 6.09bn | −HUF 15.39bn | −HUF 11.56bn |
| Total assets | HUF 965.88bn | HUF 1.02trn | HUF 1.02trn | HUF 980.85bn | HUF 1.02trn | HUF 1.03trn | HUF 1.06trn | HUF 1.02trn |
| Debt | HUF 172.01bn | HUF 196.62bn | HUF 205.37bn | HUF 214.49bn | HUF 216.91bn | HUF 218.44bn | HUF 224.12bn | HUF 224.59bn |
| Shareholders' equity | HUF 227.98bn | HUF 231.00bn | HUF 227.40bn | HUF 232.98bn | HUF 228.31bn | HUF 231.84bn | HUF 225.47bn | HUF 208.20bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.8% | 14.7% | 44.2% |
| Operating income | 17.9% | — | — |
| Net income | 20.9% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 9.0% | 7.8% | 7.1% | — |
| Net margin | 5.3% | 4.2% | 4.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 13.1 | 10.2 | 9.6 | 6.5 | 4.4 | -30.3 | -8.6 | 10.0 | -12.6 | -0.8 |
| Price to sales | 0.6 | 0.6 | 0.4 | 0.2 | 0.5 | 0.9 | 1.2 | 6.3 | 0.8 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 4 Jun 2025.
| FY2025 | FY2024 | |
|---|---|---|
| Paid in the year | 15.00 | 10.38 |
- 8-to-1 reverse split · 25 Aug 2009
- 4-for-1 split · 24 Aug 2007
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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