| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | PLN 2.83B | +25.3% |
| Gross Profit | PLN 847.0M | +28.8% |
| EBITDA | PLN 314.2M | +18.5% |
| Net Income | PLN 207.3M | +11.4% |
| Diluted EPS | — | — |
| Free Cash Flow | PLN 12.0M | — |
| DPS (FY2022) | — |
| Trailing yield | — |
| Payout ratio | 9.5% |
| Growth streak | — |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20222022-12-31 | — | — | reported |
| FY20212021-12-31 | PLN 0.15 | — | reported |
| Ratio | 2019 | 2020 | 2021 | 2022 | Trend · 4y | vs own |
|---|---|---|---|---|---|---|
| ▾Margins | ||||||
| Gross Margin | 26.15% | 28.55% | 29.07% | 29.88% | 88% | |
| Operating Margin | 5.66% | 9.00% | 10.57% | 9.93% | 63% | |
| EBITDA Margin | 7.02% | 10.40% | 11.72% | 11.08% | 63% | |
| NOPAT Margin | 4.48% | 7.22% | 8.49% | 8.02% | 63% | |
| Net Margin | 3.97% | 6.64% | 8.22% | 7.31% | 63% | |
| FCF Margin | 0.13% | 7.06% | −5.07% | 0.42% | 63% | |
| FCFF Margin | 0.66% | 7.64% | −4.79% | 1.14% | 63% | |
| FCFE Margin | 1.15% | 2.79% | 1.95% | 3.46% | 88% | |
| OCF Margin | 1.04% | 7.66% | −4.26% | 1.77% | 63% | |
| Gross Profitability | 51.68% | 60.37% | 54.67% | 53.94% | 38% | |
| Capex Intensity | 0.90% | 0.60% | 0.82% | 1.34% | 88% | |
| ▸Returns on Capital · 3 ratios | ||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||
| ▸Earnings quality · 6 ratios | ||||||
| ▸Liquidity & coverage · 6 ratios | ||||||
| ▸Leverage · 2 ratios | ||||||
| ▸Working capital · 8 ratios | ||||||
| ▸Capital allocation · 3 ratios | ||||||
| ▸Other · 1 ratios | ||||||
The five drivers multiply to 27.9% vs reported ROE 27.7%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Revenue | PLN 1.48B | PLN 1.67B | PLN 2.26B | PLN 2.83B |
| YoY % | +12.9% | +35.4% | +25.3% | |
| Cost of Revenue | PLN 1.09B | PLN 1.19B | PLN 1.60B | PLN 1.99B |
| YoY % | +9.3% | +34.4% | +23.9% | |
| Gross Profit | PLN 386.9M | PLN 476.9M | PLN 657.6M | PLN 847.0M |
| YoY % | +23.3% | +37.9% | +28.8% | |
| Selling & Marketing Expense | PLN 172.6M | PLN 185.3M | PLN 244.3M | PLN 332.2M |
| YoY % | +7.4% | +31.8% | +36.0% | |
| SG&A Expense | PLN 25.1M | PLN 29.3M | PLN 30.8M | PLN 50.1M |
| YoY % | +17.0% | +5.0% | +62.8% | |
| Operating Income | PLN 83.8M | PLN 150.3M | PLN 239.0M | PLN 281.4M |
| YoY % | +79.4% | +59.0% | +17.7% | |
| Interest Expense | PLN 9.8M | PLN 12.1M | PLN 7.9M | PLN 25.2M |
| YoY % | +23.5% | -34.8% | +219.7% | |
| Interest & Investment Income | PLN 256,000 | PLN 153,000 | PLN 328,000 | PLN 257,000 |
| YoY % | -40.2% | +114.4% | -21.6% | |
| Pretax Income | PLN 74.2M | PLN 138.3M | PLN 231.5M | PLN 256.4M |
| YoY % | +86.4% | +67.3% | +10.8% | |
| Income Tax | PLN 15.5M | PLN 27.4M | PLN 45.4M | PLN 49.2M |
| YoY % | +76.3% | +66.0% | +8.2% | |
| Income from Continuing Operations | PLN 58.7M | PLN 111.0M | PLN 186.0M | PLN 207.3M |
| YoY % | +89.0% | +67.6% | +11.4% | |
| Net Income (incl. NCI) | PLN 58.7M | PLN 111.0M | PLN 186.0M | PLN 207.3M |
| YoY % | +89.0% | +67.6% | +11.4% | |
| Minority Interest (P&L) | PLN 0 | PLN 0 | — | — |
| Net Income | PLN 58.7M | PLN 111.0M | PLN 186.0M | PLN 207.3M |
| YoY % | +89.0% | +67.6% | +11.4% | |
| Dividends Declared per Share | — | — | PLN 0 | — |
Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
