New Risk • Jul 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-zł631k free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-zł273m). Earnings have declined by 65% per year over the past 5 years. Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (zł3.63m market cap, or US$968.5k). Annonce • Jun 04
Satis Group S.A., Annual General Meeting, Jun 30, 2026 Satis Group S.A., Annual General Meeting, Jun 30, 2026, at 13:00 Central European Standard Time. Annonce • Nov 15
Satis Group S.A. to Report Q3, 2025 Results on Nov 20, 2025 Satis Group S.A. announced that they will report Q3, 2025 results on Nov 20, 2025 New Risk • Oct 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Negative equity (-zł272m). Earnings have declined by 64% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (zł2.65m market cap, or US$725.7k). Annonce • Aug 22
Satis Group S.A. to Report First Half, 2025 Results on Sep 25, 2025 Satis Group S.A. announced that they will report first half, 2025 results on Sep 25, 2025 New Risk • Aug 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Negative equity (-zł273m). Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (zł2.58m market cap, or US$710.3k). New Risk • May 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-zł503k free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-zł273m). Earnings have declined by 36% per year over the past 5 years. Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (zł3.91m market cap, or US$1.04m). New Risk • Dec 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -zł383k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-zł383k free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Negative equity (-zł273m). Earnings have declined by 9.2% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (zł2.73m market cap, or US$669.6k). New Risk • Nov 28
New major risk - Revenue and earnings growth Earnings have declined by 9.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Negative equity (-zł273m). Earnings have declined by 9.2% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (zł2.73m market cap, or US$671.0k). Annonce • May 31
Satis Group S.A., Annual General Meeting, Jun 24, 2024 Satis Group S.A., Annual General Meeting, Jun 24, 2024. New Risk • May 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (zł4.44m market cap, or US$1.12m). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). New Risk • Mar 30
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (zł4.68m market cap, or US$1.18m). New Risk • Nov 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Revenue has declined by 18% over the past year. Revenue is less than US$1m (zł2.6m revenue, or US$664k). Market cap is less than US$10m (zł5.45m market cap, or US$1.37m). Minor Risks Negative equity (-zł546k). Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). New Risk • Oct 01
New major risk - Revenue and earnings growth Revenue has declined by 18% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Revenue has declined by 18% over the past year. Revenue is less than US$1m (zł2.6m revenue, or US$604k). Market cap is less than US$10m (zł5.81m market cap, or US$1.33m). Minor Risks Negative equity (-zł546k). Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Annonce • Jun 04
Satis Group S.A., Annual General Meeting, Jun 28, 2023 Satis Group S.A., Annual General Meeting, Jun 28, 2023, at 12:30 Central European Standard Time. Reported Earnings • Nov 27
Third quarter 2022 earnings released Third quarter 2022 results: zł0.01 loss per share. Revenue: zł910.0k (up 99% from 3Q 2021). Net loss: zł75.0k (loss narrowed 83% from 3Q 2021). Reported Earnings • Sep 27
Second quarter 2022 earnings released: zł0.04 loss per share (vs zł23.31 profit in 2Q 2021) Second quarter 2022 results: zł0.04 loss per share (down from zł23.31 profit in 2Q 2021). Revenue: zł713.0k (up 9.0% from 2Q 2021). Net loss: zł416.0k (down 100% from profit in 2Q 2021). Reported Earnings • Nov 28
Third quarter 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2021 results: zł0.04 loss per share (down from zł0.012 loss in 3Q 2020). Net loss: zł452.0k (loss widened 216% from 3Q 2020). Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) missed analyst estimates. Earnings per share (EPS) missed analyst estimates. Reported Earnings • Sep 28
Second quarter 2021 earnings released: EPS zł23.31 (vs zł0.02 loss in 2Q 2020) Second quarter 2021 results: Net income: zł271.2m (up zł271.4m from 2Q 2020). Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improved over the past week After last week's 21% share price gain to zł1.59, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 16x in the IT industry in Poland. Total returns to shareholders of 322% over the past year. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 18% share price decline to zł2.16, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 18x in the IT industry in Poland. Total returns to shareholders of 579% over the past year. Reported Earnings • Jun 03
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł617.0k (up 54% from 1Q 2020). Net income: zł293.0k (up 245% from 1Q 2020). Profit margin: 48% (up from 21% in 1Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorated over the past week After last week's 23% share price decline to zł2.41, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 16x in the IT industry in Poland. Total returns to shareholders of 1,301% over the past year. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improved over the past week After last week's 43% share price gain to zł4.21, the stock trades at a trailing P/E ratio of 70.2x. Average trailing P/E is 17x in the IT industry in Poland. Total returns to shareholders of 2,128% over the past year. Reported Earnings • May 04
Full year 2020 earnings released: EPS zł0.06 (vs zł22.43 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: zł2.82m (up 45% from FY 2019). Net income: zł700.0k (up zł261.7m from FY 2019). Profit margin: 25% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Is New 90 Day High Low • Feb 15
New 90-day high: zł0.45 The company is up 80% from its price of zł0.25 on 17 November 2020. The Polish market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 7.0% over the same period. Is New 90 Day High Low • Jan 08
New 90-day high: zł0.31 The company is up 14% from its price of zł0.27 on 09 October 2020. The Polish market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 3.0% over the same period. Reported Earnings • Dec 01
Third quarter 2020 earnings released: zł0.01 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: zł416.0k (down 25% from 3Q 2019). Net loss: zł143.0k (loss widened 31% from 3Q 2019). Is New 90 Day High Low • Oct 29
New 90-day low: zł0.24 The company is down 53% from its price of zł0.52 on 30 July 2020. The Polish market is down 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 7.0% over the same period. Is New 90 Day High Low • Oct 07
New 90-day low: zł0.28 The company is down 41% from its price of zł0.48 on 09 July 2020. The Polish market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 5.0% over the same period. Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total losses of zł8.36m, with losses narrowing by 97% from the prior year. Total revenue was zł1.91m over the last 12 months, down 71% from the prior year.