| Market Cap | PLN 1.57B | |
| Enterprise Value | — | |
| Revenue | PLN 3.01B | −20.4% |
| Gross Profit | -PLN 26.5M | −109.5% |
| EBITDA | -PLN 72.9M | −135.2% |
| Net Income | -PLN 123.2M | −193.1% |
| Diluted EPS | — | — |
| Free Cash Flow | -PLN 404.3M | −518.0% |
| DPS (FY2023) | PLN 0.51 |
| Trailing yield | 7.77% |
| Payout ratio | — |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20232023-12-31 | PLN 0.51 | −7.9% | reported |
| FY20222022-12-31 | PLN 0.56 | +46.1% | reported |
| FY20212021-12-31 | PLN 0.38 | — | reported |
| Ratio | 2020 | 2021 | 2022 | 2023 | Trend · 4y | vs own |
|---|---|---|---|---|---|---|
| ▾Margins | ||||||
| Gross Margin | 11.21% | 9.20% | 7.41% | −0.88% | 13% | |
| Operating Margin | 5.54% | 5.53% | 4.42% | −3.87% | 13% | |
| EBITDA Margin | 7.85% | 7.13% | 5.48% | −2.42% | 13% | |
| NOPAT Margin | 4.44% | 4.48% | 3.49% | −3.06% | 13% | |
| Net Margin | 4.10% | 3.91% | 3.50% | −4.09% | 13% | |
| FCF Margin | 10.37% | 22.82% | 2.56% | −13.42% | 13% | |
| FCFF Margin | 11.81% | 23.60% | 3.03% | — | — | |
| FCFE Margin | 10.71% | 23.07% | 2.23% | −13.79% | 13% | |
| OCF Margin | 11.10% | 23.67% | 3.09% | −12.22% | 13% | |
| Gross Profitability | 9.34% | 8.88% | 10.27% | −1.07% | 13% | |
| Capex Intensity | 0.73% | 0.85% | 0.54% | 1.19% | 88% | |
| ▸Returns on Capital · 3 ratios | ||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||
| ▸Earnings quality · 6 ratios | ||||||
| ▸Liquidity & coverage · 4 ratios | ||||||
| ▸Leverage · 2 ratios | ||||||
| ▸Working capital · 7 ratios | ||||||
| ▸Capital allocation · 1 ratios | ||||||
| ▸Other · 1 ratios | ||||||
The five drivers multiply to 13.6% vs reported ROE 13.7%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenue | PLN 1.62B | PLN 2.30B | PLN 3.78B | PLN 3.01B |
| YoY % | +42.6% | +64.2% | -20.4% | |
| Cost of Revenue | PLN 1.43B | PLN 2.09B | PLN 3.50B | PLN 3.04B |
| YoY % | +45.9% | +67.5% | -13.2% | |
| Gross Profit | PLN 181.1M | PLN 211.9M | PLN 280.4M | -PLN 26.5M |
| YoY % | +17.0% | +32.3% | ||
| Selling & Marketing Expense | PLN 21.0M | PLN 26.6M | PLN 30.8M | PLN 29.7M |
| YoY % | +26.3% | +15.9% | -3.5% | |
| SG&A Expense | PLN 70.4M | PLN 74.1M | PLN 76.9M | PLN 83.2M |
| YoY % | +5.3% | +3.8% | +8.2% | |
| Operating Income | PLN 89.5M | PLN 127.5M | PLN 167.1M | -PLN 116.6M |
| YoY % | +42.4% | +31.1% | ||
| Interest Expense | PLN 29.1M | PLN 22.1M | PLN 22.8M | PLN 39.2M |
| YoY % | -24.0% | +3.4% | +71.4% | |
| Interest & Investment Income | PLN 18.1M | PLN 1.9M | PLN 21.4M | PLN 16.8M |
| YoY % | -89.4% | +1021.1% | -21.5% | |
| Equity Method Income | PLN 367,000 | PLN 112,000 | PLN 121,000 | PLN 0 |
| YoY % | -69.5% | +8.0% | -100.0% | |
| Pretax Income | PLN 79.0M | PLN 107.4M | PLN 165.8M | -PLN 138.9M |
| YoY % | +36.0% | +54.3% | ||
| Income Tax | PLN 15.8M | PLN 20.4M | PLN 34.8M | -PLN 15.7M |
| YoY % | +29.4% | +70.3% | ||
| Net Income (incl. NCI) | PLN 63.2M | PLN 87.0M | PLN 131.1M | -PLN 123.2M |
| YoY % | +37.7% | +50.6% | ||
| Minority Interest (P&L) | PLN 3.0M | -PLN 3.0M | -PLN 1.4M | PLN 0 |
| Net Income | PLN 66.2M | PLN 90.0M | PLN 132.4M | -PLN 123.2M |
| YoY % | +35.9% | +47.1% | ||
| EPS (Basic) | PLN 0.28 | PLN 0.38 | PLN 0.56 | — |
| YoY % | +35.7% | +46.1% | ||
| EPS (Diluted) | PLN 0.28 | PLN 0.34 | PLN 0.52 | — |
| YoY % | +24.5% | +49.3% | ||
| Dividends Declared per Share | — | PLN 0 | PLN 1 | PLN 1 |
| YoY % | +46.1% | -7.9% |
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.
