T 
60.50
+0.50%
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 1.98bn
FY2016FY2025
Net income
PLN 78.1m
FY2016FY2025
Free cash flow
PLN 472.7m
FY2016FY2025
Shareholders' equity
PLN 576.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 1.98bn | PLN 1.46bn | PLN 1.09bn | PLN 1.08bn | PLN 1.12bn | PLN 1.39bn | PLN 1.60bn | PLN 1.53bn | PLN 752.2m | PLN 770.2m |
| Gross profit | PLN 143.6m | PLN 126.2m | PLN 158.0m | PLN 259.3m | PLN 145.5m | PLN 99.9m | PLN 75.4m | PLN 83.1m | PLN 42.8m | PLN 44.2m |
| Operating income | PLN 93.5m | PLN 74.5m | PLN 113.9m | PLN 220.6m | PLN 105.1m | PLN 63.6m | PLN 42.9m | PLN 51.7m | PLN 21.2m | PLN 17.8m |
| Net income | PLN 78.1m | PLN 67.9m | PLN 101.9m | PLN 183.8m | PLN 77.1m | PLN 48.5m | PLN 29.1m | PLN 19.2m | −PLN 26.7m | PLN 10.3m |
| Diluted earnings per share | 3.40 | 2.96 | 4.44 | 8.00 | 3.36 | 2.11 | 1.27 | 0.83 | -1.16 | 0.45 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | PLN 1.46bn | PLN 1.21bn | PLN 1.13bn | PLN 1.03bn | PLN 959.0m | PLN 1.04bn | PLN 1.28bn | PLN 843.3m | PLN 790.4m | PLN 680.9m |
| Cash and short-term investments | PLN 655.8m | PLN 240.4m | PLN 516.0m | PLN 496.2m | PLN 431.9m | PLN 404.9m | PLN 204.0m | PLN 34.5m | PLN 186.6m | PLN 209.0m |
| Total liabilities | PLN 881.7m | PLN 677.2m | PLN 625.8m | PLN 621.0m | PLN 666.8m | PLN 793.0m | PLN 1.06bn | PLN 642.5m | PLN 609.0m | PLN 462.8m |
| Debt | PLN 64.7m | PLN 79.0m | PLN 65.9m | PLN 82.1m | PLN 105.9m | PLN 128.4m | PLN 172.0m | PLN 116.0m | PLN 85.2m | PLN 137.0m |
| Shareholders' equity | PLN 576.5m | PLN 529.4m | PLN 509.9m | PLN 408.4m | PLN 293.1m | PLN 251.6m | PLN 223.8m | PLN 201.8m | PLN 182.5m | PLN 218.9m |
| Shares outstanding | 23m | 23m | 23m | 23m | 23m | 23m | 23m | 23m | 23m | 23m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | PLN 514.5m | −PLN 212.5m | PLN 47.0m | PLN 171.9m | PLN 134.4m | PLN 289.3m | PLN 178.8m | −PLN 166.5m | PLN 68.9m | −PLN 184.7m |
| Capital spending | −PLN 41.8m | −PLN 28.1m | −PLN 27.0m | −PLN 15.3m | −PLN 7.6m | −PLN 6.0m | −PLN 18.7m | −PLN 8.8m | −PLN 16.1m | −PLN 5.4m |
| Free cash flow | PLN 472.7m | −PLN 240.5m | PLN 19.9m | PLN 156.6m | PLN 126.8m | PLN 283.4m | PLN 160.0m | −PLN 175.3m | PLN 52.9m | −PLN 190.1m |
| Dividends paid | −PLN 31.0m | −PLN 48.5m | — | −PLN 68.9m | −PLN 35.1m | −PLN 20.7m | −PLN 5.7m | −PLN 5.7m | −PLN 10.1m | −PLN 15.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 579.5m | PLN 334.4m | PLN 620.8m | PLN 504.6m | PLN 467.8m | PLN 385.3m | PLN 552.3m | PLN 347.4m |
| Gross profit | PLN 47.5m | PLN 24.1m | PLN 51.2m | PLN 36.4m | PLN 35.2m | PLN 23.4m | PLN 49.0m | PLN 28.0m |
| Operating income | PLN 33.4m | PLN 9.8m | PLN 36.3m | PLN 22.4m | PLN 23.6m | PLN 11.3m | PLN 31.9m | PLN 16.8m |
| Net income | PLN 23.5m | PLN 10.3m | PLN 29.8m | PLN 17.8m | PLN 20.4m | PLN 10.1m | PLN 28.3m | PLN 13.7m |
| Diluted earnings per share | 1.02 | 0.45 | 1.30 | 0.77 | 0.89 | 0.44 | 1.23 | 0.60 |
| Cash from operations | −PLN 60.0m | −PLN 127.0m | PLN 347.0m | PLN 33.0m | −PLN 3.0m | PLN 131.0m | −PLN 62.0m | PLN 89.0m |
| Capital spending | −PLN 17.0m | — | −PLN 20.0m | −PLN 10.0m | −PLN 1.0m | −PLN 8.0m | −PLN 9.0m | −PLN 1.0m |
| Free cash flow | −PLN 77.0m | — | PLN 327.0m | PLN 23.0m | −PLN 4.0m | PLN 123.0m | −PLN 71.0m | PLN 88.0m |
| Total assets | PLN 1.38bn | PLN 1.28bn | PLN 1.46bn | PLN 1.13bn | PLN 1.09bn | PLN 1.15bn | PLN 1.21bn | PLN 1.03bn |
| Cash and short-term investments | PLN 453.7m | PLN 527.0m | PLN 655.8m | PLN 333.9m | PLN 345.8m | PLN 359.1m | PLN 240.4m | PLN 305.1m |
| Debt | PLN 56.3m | PLN 47.1m | PLN 55.1m | PLN 44.0m | PLN 45.7m | PLN 67.1m | PLN 53.1m | PLN 43.9m |
| Shareholders' equity | PLN 531.7m | PLN 585.6m | PLN 576.5m | PLN 546.7m | PLN 528.9m | PLN 539.5m | PLN 529.4m | PLN 501.1m |
Financial ratios
Data as of 2 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 7.3% | 8.7% | 14.5% | 23.9% | 13.0% | 7.2% |
| Operating margin | 4.7% | 6.1% | 12.6% | 22.0% | 9.5% | 4.6% |
| Net margin | 3.9% | 4.7% | 9.3% | 16.9% | 6.9% | 3.5% |
| Return on equity | 13.5% | 12.8% | 20.0% | 45.0% | 26.3% | 19.3% |
| Return on assets | 5.4% | 5.6% | 9.0% | 17.9% | 8.0% | 4.7% |
| Free cash flow yield | 35.7% | -11.8% | 4.8% | 12.0% | 9.1% | 19.0% |
| Revenue growth | 35.7% | 33.5% | 0.7% | -3.3% | -19.4% | -13.2% |
| Earnings growth | 15.0% | -33.4% | -44.6% | 138.5% | 58.8% | 66.7% |
| Current ratio | 1.54x | 1.72x | 1.73x | 1.61x | 1.27x | 1.18x |
| Debt to equity | 0.07x | 0.10x | 0.06x | 0.09x | 0.19x | 0.39x |
| Equity ratio | 39.6% | 43.9% | 44.9% | 39.7% | 30.6% | 24.1% |
| Interest coverage | 15.48x | 14.64x | 16.72x | 32.38x | 20.94x | 10.90x |
| Buybacks as a share of market value | 0.0% | 0.0% | -0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 22.2% | 7.3% | 4.8% |
| Operating income | -24.9% | 8.0% | 8.0% |
| Net income | -24.8% | 10.0% | 9.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 7.9% | 12.2% | 11.5% | 8.9% |
| Operating margin | 4.9% | 9.0% | 8.3% | 6.1% |
| Net margin | 4.2% | 7.7% | 6.9% | 4.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 17.1 | 11.0 | 5.0 | 2.3 | 3.8 | 6.1 | 5.4 | 5.2 | -6.8 | 25.9 |
| Price to sales | 0.7 | 0.5 | 0.5 | 0.4 | 0.3 | 0.2 | 0.1 | 0.1 | 0.2 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 3 Jul 2025.
| FY2025 | FY2024 | FY2022 | FY2021 | FY2020 | FY2019 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.35 | 2.11 | 3.00 | 1.53 | 0.90 | 0.25 | 0.44 | 0.34 |
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.