| Market Cap | PLN 131.5M | |
| Enterprise Value | PLN 149.3M | |
| Revenue | PLN 284.7M | +12.9% |
| Gross Profit | PLN 59.3M | +60.8% |
| EBITDA | PLN 31.1M | +287.5% |
| Net Income | PLN 12.6M | — |
| Diluted EPS | PLN 0.45 | — |
| Free Cash Flow | -PLN 19.7M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | Trend · 4y | vs own |
|---|---|---|---|---|---|---|
| ▾Margins | ||||||
| Gross Margin | 18.84% | 19.64% | 14.62% | 20.83% | 88% | |
| Operating Margin | −0.22% | −1.58% | −1.80% | 7.17% | 88% | |
| EBITDA Margin | 5.58% | 4.04% | 3.18% | 10.92% | 88% | |
| NOPAT Margin | −0.18% | −1.25% | −1.42% | 6.42% | 88% | |
| Net Margin | −0.36% | −1.81% | −3.44% | 4.42% | 88% | |
| FCF Margin | −6.18% | 6.56% | −1.91% | −6.91% | 13% | |
| FCFF Margin | — | — | — | −5.22% | — | 50% |
| FCFE Margin | −1.60% | 5.69% | −4.36% | −0.41% | 63% | |
| OCF Margin | −4.49% | 9.25% | 4.31% | 3.97% | 38% | |
| Gross Profitability | 24.70% | 28.45% | 17.69% | 26.42% | 63% | |
| Capex Intensity | 1.69% | 2.69% | 6.22% | 10.88% | 88% | |
| ▸Returns on Capital · 6 ratios | ||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||
| ▸Earnings quality · 7 ratios | ||||||
| ▸Liquidity & coverage · 9 ratios | ||||||
| ▸Leverage · 9 ratios | ||||||
| ▸Working capital · 8 ratios | ||||||
| ▸Capital allocation · 1 ratios | ||||||
| ▸Other · 1 ratios | ||||||
The five drivers multiply to 11.5% vs reported ROE 11.7%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenue | PLN 230.8M | PLN 248.6M | PLN 252.2M | PLN 284.7M |
| YoY % | +7.7% | +1.5% | +12.9% | |
| Cost of Revenue | PLN 187.3M | PLN 199.8M | PLN 215.4M | PLN 225.4M |
| YoY % | +6.7% | +7.8% | +4.7% | |
| Gross Profit | PLN 43.5M | PLN 48.8M | PLN 36.9M | PLN 59.3M |
| YoY % | +12.3% | -24.5% | +60.8% | |
| SG&A Expense | PLN 11.6M | PLN 14.8M | PLN 13.7M | PLN 14.6M |
| YoY % | +27.8% | -7.9% | +6.8% | |
| Operating Income | -PLN 516,000 | -PLN 3.9M | -PLN 4.5M | PLN 20.4M |
| Interest Expense | PLN 1.6M | PLN 1.9M | PLN 4.4M | PLN 5.4M |
| YoY % | +18.8% | +132.4% | +20.7% | |
| Interest & Investment Income | PLN 81,000 | PLN 237,000 | PLN 33,000 | PLN 244,000 |
| YoY % | +192.6% | -86.1% | +639.4% | |
| Pretax Income | -PLN 2.0M | -PLN 5.6M | -PLN 8.9M | PLN 15.3M |
| Income Tax | -PLN 298,000 | -PLN 826,000 | PLN 335,000 | PLN 1.6M |
| YoY % | +373.1% | |||
| Income from Continuing Operations | -PLN 1.7M | -PLN 4.8M | -PLN 9.3M | PLN 13.7M |
| Income from Discontinued Operations | PLN 27,000 | -PLN 70,000 | PLN 86,000 | PLN 0 |
| YoY % | -100.0% | |||
| Net Income (incl. NCI) | -PLN 1.7M | -PLN 4.8M | -PLN 9.2M | PLN 13.7M |
| Minority Interest (P&L) | -PLN 896,000 | -PLN 348,000 | -PLN 523,000 | PLN 1.1M |
| Net Income | -PLN 823,000 | -PLN 4.5M | -PLN 8.7M | PLN 12.6M |
| EPS (Basic) | -PLN 0.07 | -PLN 0.19 | -PLN 0.36 | PLN 0.45 |
| EPS (Diluted) | -PLN 0.07 | -PLN 0.19 | -PLN 0.36 | PLN 0.45 |
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.
