8.80
-0.23%
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 876.2m
FY2016FY2025
Net income
PLN 204.4m
FY2016FY2025
Free cash flow
PLN 179.8m
FY2016FY2025
Shareholders' equity
PLN 2.23bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 876.2m | PLN 815.8m | PLN 570.9m | PLN 627.0m | PLN 480.5m | PLN 744.1m | PLN 209.1m | PLN 169.0m | PLN 158.6m | PLN 175.4m |
| Research and development | — | — | — | — | — | — | — | PLN 0 | PLN 0 | PLN 0 |
| Operating income | PLN 266.5m | PLN 121.8m | PLN 113.3m | PLN 208.9m | PLN 168.6m | PLN 163.6m | −PLN 154.1m | PLN 65.2m | PLN 36.5m | PLN 45.0m |
| Net income | PLN 204.4m | −PLN 183.0m | −PLN 161.5m | PLN 30.8m | PLN 78.7m | PLN 72.0m | PLN 69.1m | PLN 47.7m | PLN 31.5m | PLN 30.8m |
| Diluted earnings per share | 3.99 | -3.57 | -3.15 | 0.60 | 1.55 | 1.41 | 1.35 | 1.02 | 0.67 | 0.66 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | PLN 4.62bn | PLN 4.58bn | PLN 4.63bn | PLN 4.58bn | PLN 4.32bn | PLN 4.15bn | PLN 3.78bn | PLN 2.78bn | PLN 2.64bn | PLN 2.68bn |
| Cash and short-term investments | PLN 129.9m | PLN 175.5m | PLN 102.9m | PLN 104.7m | PLN 156.7m | PLN 493.9m | PLN 89.9m | PLN 114.3m | PLN 104.1m | PLN 76.2m |
| Total liabilities | PLN 2.37bn | PLN 2.54bn | PLN 2.39bn | PLN 2.16bn | PLN 1.93bn | PLN 1.85bn | PLN 1.50bn | PLN 735.5m | PLN 629.6m | PLN 686.9m |
| Debt | PLN 1.89bn | PLN 2.00bn | PLN 1.87bn | PLN 1.67bn | PLN 1.52bn | PLN 1.44bn | PLN 989.5m | PLN 528.3m | PLN 506.4m | PLN 560.7m |
| Shareholders' equity | PLN 2.23bn | PLN 2.03bn | PLN 2.21bn | PLN 2.41bn | PLN 2.37bn | PLN 2.27bn | PLN 2.25bn | PLN 2.02bn | PLN 1.99bn | PLN 1.97bn |
| Shares outstanding | 51m | 51m | 51m | 51m | 51m | 51m | 51m | 47m | 47m | 47m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | PLN 181.9m | PLN 168.9m | PLN 56.5m | PLN 67.6m | PLN 26.5m | PLN 213.9m | PLN 163.2m | PLN 82.5m | PLN 70.2m | PLN 32.0m |
| Capital spending | −PLN 2.1m | −PLN 3.0m | −PLN 3.4m | −PLN 161.7m | −PLN 248.3m | −PLN 4.2m | −PLN 5.5m | −PLN 10.0m | −PLN 1.2m | −PLN 900,000 |
| Free cash flow | PLN 179.8m | PLN 165.9m | PLN 53.1m | −PLN 94.1m | −PLN 221.8m | PLN 209.7m | PLN 157.7m | PLN 72.5m | PLN 69.0m | PLN 31.1m |
| Dividends paid | — | — | −PLN 4.1m | −PLN 18.5m | −PLN 17.9m | −PLN 27.6m | −PLN 19.2m | −PLN 12.7m | −PLN 12.2m | −PLN 19.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 231.3m | PLN 161.3m | PLN 135.6m | PLN 201.8m | PLN 205.3m | PLN 223.8m | PLN 334.9m | PLN 178.0m |
| Operating income | PLN 60.3m | PLN 26.2m | PLN 69.3m | PLN 42.9m | PLN 38.8m | PLN 101.9m | PLN 45.8m | −PLN 5.6m |
| Net income | PLN 13.4m | PLN 15.2m | PLN 25.2m | PLN 5.4m | −PLN 11.5m | PLN 185.6m | −PLN 71.0m | −PLN 37.3m |
| Diluted earnings per share | 0.26 | 0.30 | 0.49 | 0.11 | -0.22 | 3.62 | -1.39 | -0.73 |
| Cash from operations | PLN 10.0m | PLN 11.0m | PLN 31.0m | PLN 47.0m | −PLN 28.0m | PLN 214.0m | PLN 76.0m | PLN 79.0m |
| Capital spending | — | — | — | −PLN 91.0m | — | −PLN 19.0m | — | −PLN 55.0m |
| Free cash flow | — | — | — | −PLN 44.0m | — | PLN 195.0m | — | PLN 24.0m |
| Total assets | PLN 4.64bn | PLN 4.64bn | PLN 4.62bn | PLN 4.69bn | PLN 4.67bn | PLN 4.76bn | PLN 4.58bn | PLN 4.78bn |
| Cash and short-term investments | PLN 113.1m | PLN 107.0m | PLN 129.9m | PLN 180.8m | PLN 159.3m | PLN 299.4m | PLN 175.5m | PLN 159.7m |
| Debt | PLN 1.45bn | PLN 1.44bn | PLN 1.44bn | PLN 1.52bn | PLN 1.51bn | PLN 1.56bn | PLN 1.60bn | PLN 1.62bn |
| Shareholders' equity | PLN 2.26bn | PLN 2.25bn | PLN 2.23bn | PLN 2.20bn | PLN 2.20bn | PLN 2.21bn | PLN 2.03bn | PLN 2.10bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 11.8% | 3.3% | 18.6% |
| Operating income | 8.5% | 10.3% | — |
| Net income | 87.9% | 23.2% | 15.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 22.9% | 24.6% | 25.3% | 20.5% |
| Net margin | 1.3% | -3.8% | 1.0% | 5.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 2.4 | -2.5 | -4.4 | 19.9 | 7.9 | 8.1 | 8.6 | 8.7 | 20.6 | 25.5 |
| Price to sales | 0.6 | 0.6 | 1.3 | 1.0 | 1.3 | 0.8 | 2.8 | 2.5 | 4.1 | 4.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 17 Aug 2023.
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.08 | 0.36 | 0.35 | 0.54 | 0.41 | 0.27 | 0.26 | 0.42 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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