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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
—
FY2016FY2025
Net income
−PLN 9.8m
FY2016FY2025
Free cash flow
−PLN 6.3m
FY2016FY2025
Shareholders' equity
−PLN 14.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | PLN 95,000 | PLN 662,000 | PLN 254,000 | PLN 572,000 | PLN 16.8m | PLN 9.5m | PLN 981,835 | PLN 1.3m |
| Research and development | PLN 2.7m | PLN 38,000 | PLN 8.2m | PLN 23.8m | PLN 20.6m | PLN 18.4m | PLN 14.9m | PLN 4.6m | PLN 3.1m | — |
| Operating income | −PLN 6.3m | −PLN 12.4m | −PLN 31.7m | −PLN 24.6m | −PLN 10.5m | −PLN 11.6m | −PLN 4.4m | −PLN 631,019 | −PLN 386,248 | −PLN 419,454 |
| Net income | −PLN 9.8m | −PLN 19.4m | −PLN 35.7m | −PLN 26.4m | −PLN 13.1m | −PLN 12.1m | −PLN 4.7m | −PLN 689,344 | −PLN 412,723 | −PLN 432,926 |
| Diluted earnings per share | -1.20 | -5.18 | -10.85 | -11.70 | -5.80 | -5.71 | -2.84 | -0.59 | -0.35 | -0.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | PLN 4.9m | PLN 2.3m | PLN 22.7m | PLN 33.0m | PLN 47.2m | PLN 18.9m | PLN 21.8m | PLN 6.6m | PLN 1.3m | PLN 951,820 |
| Cash and short-term investments | PLN 10,000 | PLN 313,000 | PLN 3.6m | PLN 7.2m | PLN 32.9m | PLN 9.0m | PLN 13.9m | PLN 195,935 | PLN 267,047 | PLN 219,519 |
| Total liabilities | PLN 19.1m | PLN 15.5m | PLN 20.8m | PLN 14.7m | PLN 7.7m | PLN 21.8m | PLN 14.6m | PLN 4.4m | PLN 1.1m | PLN 640,124 |
| Debt | PLN 16.0m | PLN 14.1m | PLN 12.9m | PLN 2.9m | PLN 3.1m | PLN 5.0m | PLN 5.4m | PLN 93,835 | PLN 154,997 | — |
| Shareholders' equity | −PLN 14.1m | −PLN 13.1m | PLN 1.9m | PLN 18.3m | PLN 39.5m | −PLN 2.9m | PLN 7.2m | PLN 2.2m | PLN 209,773 | PLN 311,696 |
| Shares outstanding | 8m | 4m | 3m | 2m | 2m | 2m | 2m | 1m | 1m | 12m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −PLN 6.3m | −PLN 10.8m | −PLN 23.3m | −PLN 17.4m | −PLN 24.0m | −PLN 1.4m | PLN 5.3m | −PLN 2.5m | −PLN 2.8m | −PLN 710,244 |
| Capital spending | — | — | −PLN 176,000 | −PLN 5.8m | −PLN 673,000 | −PLN 561,000 | −PLN 161,916 | −PLN 162,152 | −PLN 162,152 | −PLN 441,499 |
| Free cash flow | −PLN 6.3m | −PLN 10.8m | −PLN 23.4m | −PLN 23.1m | −PLN 24.7m | −PLN 1.9m | PLN 5.2m | −PLN 2.7m | −PLN 3.0m | −PLN 1.2m |
Latest quarters
By quarter end
| Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | −PLN 3,000 |
| Operating income | −PLN 1.7m | −PLN 947,000 | −PLN 904,000 | −PLN 2.7m | −PLN 800,000 | −PLN 6.9m | −PLN 1.4m | PLN 486,000 |
| Net income | −PLN 2.2m | −PLN 2.5m | −PLN 1.2m | −PLN 4.7m | −PLN 1.3m | −PLN 10.7m | −PLN 817,000 | −PLN 3.0m |
| Diluted earnings per share | -0.19 | -0.31 | -0.15 | -0.58 | -0.16 | -2.84 | -0.22 | -0.80 |
| Cash from operations | −PLN 3.0m | −PLN 5.0m | — | — | — | −PLN 3.0m | −PLN 1.0m | −PLN 7.0m |
| Total assets | PLN 1.6m | PLN 4.9m | PLN 1.3m | PLN 1.9m | PLN 2.3m | PLN 2.3m | PLN 10.8m | PLN 11.4m |
| Cash and short-term investments | PLN 1.0m | PLN 10,000 | PLN 112,000 | PLN 295,000 | PLN 227,000 | PLN 313,000 | PLN 1.3m | PLN 192,000 |
| Debt | PLN 14.4m | PLN 15.9m | PLN 15.0m | PLN 14.6m | PLN 14.3m | PLN 14.1m | PLN 13.7m | PLN 13.4m |
| Shareholders' equity | −PLN 16.4m | −PLN 14.1m | −PLN 19.4m | −PLN 18.2m | −PLN 13.5m | −PLN 13.1m | −PLN 5.0m | −PLN 6.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -36.4% | -11.3% | — |
| Net income | -28.1% | -4.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.7 | -1.1 | -0.4 | -0.6 | -4.3 | -6.3 | -3.9 | -11.1 |
| Price to sales | — | — | 140.6 | 25.2 | 221.9 | 132.8 | 1.1 | 0.8 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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