1.62
-0.61%
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 1.2m
FY2016FY2025
Net income
PLN 2.3m
FY2016FY2025
Free cash flow
−PLN 235,500
FY2016FY2025
Shareholders' equity
−PLN 1.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | PLN 1.2m | PLN 1.1m | PLN 7.8m | PLN 26.6m | PLN 50.0m | PLN 19.4m | PLN 39.0m | PLN 43.3m | PLN 27.0m | PLN 8.6m |
| Research and development | — | — | — | PLN 0 | PLN 0 | PLN 0 | PLN 0 | PLN 0 | — | — |
| Operating income | PLN 1.5m | −PLN 17.7m | −PLN 5.8m | PLN 1.7m | PLN 2.4m | −PLN 1.2m | PLN 8.6m | PLN 7.8m | PLN 2.9m | PLN 8.8m |
| Net income | PLN 2.3m | −PLN 32.7m | −PLN 15.5m | −PLN 9.6m | −PLN 482,377 | −PLN 7.4m | PLN 5.3m | PLN 4.1m | PLN 11.2m | PLN 7.3m |
| Diluted earnings per share | 1.47 | -21.11 | -9.99 | -6.21 | -0.31 | -4.76 | 3.43 | 2.67 | 10.53 | 6.89 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | PLN 21.0m | PLN 27.6m | PLN 84.1m | PLN 85.5m | PLN 103.8m | PLN 115.6m | PLN 111.0m | PLN 99.1m | PLN 126.7m | PLN 35.8m |
| Cash and short-term investments | PLN 475,127 | PLN 645,527 | PLN 2.9m | PLN 1.8m | PLN 7.3m | PLN 4.5m | PLN 10.9m | PLN 17.6m | PLN 5.8m | PLN 4.7m |
| Total liabilities | PLN 22.8m | PLN 26.2m | PLN 49.9m | PLN 36.3m | PLN 43.8m | PLN 57.3m | PLN 45.3m | PLN 37.0m | PLN 68.7m | PLN 11.6m |
| Debt | PLN 33,066 | PLN 2.8m | PLN 23.2m | PLN 5.0m | PLN 11.5m | PLN 20.8m | PLN 26.8m | PLN 28.0m | PLN 40.2m | PLN 6.1m |
| Shareholders' equity | −PLN 1.8m | PLN 1.4m | PLN 34.1m | PLN 49.6m | PLN 59.8m | PLN 58.3m | PLN 65.7m | PLN 62.1m | PLN 58.1m | PLN 23.7m |
| Shares outstanding | 2m | 2m | 2m | 2m | 2m | 2m | 2m | 2m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −PLN 235,495 | −PLN 2.1m | −PLN 8.4m | PLN 5.2m | PLN 7.7m | −PLN 2.5m | PLN 4.8m | PLN 6.3m | −PLN 17.6m | PLN 5.4m |
| Capital spending | −PLN 5 | −PLN 2,113 | −PLN 1.5m | −PLN 35,108 | −PLN 620,182 | −PLN 286,173 | −PLN 1.7m | −PLN 2.7m | −PLN 211,727 | −PLN 240,568 |
| Free cash flow | −PLN 235,500 | −PLN 2.1m | −PLN 9.8m | PLN 5.2m | PLN 7.0m | −PLN 2.8m | PLN 3.1m | PLN 3.6m | −PLN 17.8m | PLN 5.2m |
| Dividends paid | — | — | — | — | — | — | −PLN 1.6m | −PLN 1.6m | −PLN 1.6m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | PLN 651 | PLN 36,856 | PLN 1.0m | PLN 34,652 | PLN 400 | PLN 230,000 | PLN 7,909 |
| Operating income | −PLN 288,000 | −PLN 136,786 | PLN 1.1m | PLN 826,729 | −PLN 138,304 | −PLN 216,026 | −PLN 398,996 | −PLN 409,381 |
| Net income | PLN 133,675 | −PLN 259,675 | PLN 778,099 | PLN 722,936 | PLN 67,929 | PLN 719,738 | PLN 783,375 | −PLN 544,432 |
| Diluted earnings per share | 0.05 | -0.10 | 0.50 | 0.46 | 0.04 | 0.46 | 0.51 | -0.35 |
| Cash from operations | −PLN 1.0m | — | — | — | — | — | — | — |
| Total assets | PLN 21.9m | PLN 20.7m | PLN 21.0m | PLN 28.6m | PLN 27.7m | PLN 27.8m | PLN 27.6m | PLN 28.5m |
| Cash and short-term investments | PLN 884,000 | PLN 382,327 | PLN 475,127 | PLN 733,687 | PLN 993,201 | PLN 715,597 | PLN 645,527 | PLN 972,350 |
| Debt | PLN 48,000 | — | PLN 33,066 | PLN 3.0m | PLN 2.9m | PLN 2.9m | PLN 2.8m | PLN 2.8m |
| Shareholders' equity | PLN 276,000 | −PLN 2.1m | −PLN 1.8m | PLN 2.9m | PLN 2.2m | PLN 2.1m | PLN 1.4m | PLN 642,622 |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -64.6% | -42.8% | -7.4% |
| Operating income | -3.8% | — | -3.9% |
| Net income | — | — | -2.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -717.6% | -55.4% | -18.0% | 5.0% |
| Net margin | -1347.0% | -151.7% | -59.8% | -14.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 1.6 | -0.1 | -0.9 | -1.5 | -38.5 | -2.4 | 8.2 | 8.3 | 4.6 | 8.7 |
| Price to sales | 3.1 | 3.8 | 1.8 | 0.6 | 0.4 | 0.9 | 1.1 | 0.8 | 1.9 | 7.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 26 Aug 2019.
| FY2019 | |
|---|---|
| Paid in the year | 0.01 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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