New Risk • May 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 29% This is considered a minor 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 Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (zł34.8m market cap, or US$9.57m). Minor Risk Shareholders have been diluted in the past year (29% increase in shares outstanding). New Risk • Mar 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: zł36.7m (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (zł36.7m market cap, or US$9.94m). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Shareholders have been diluted in the past year (29% increase in shares outstanding). New Risk • Jan 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 29% This is considered a minor 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 Risk Earnings have declined by 49% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (zł37.0m market cap, or US$10.3m). New Risk • Dec 18
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 9.1% 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 (9.1% average weekly change). Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (zł26.3m market cap, or US$7.35m). Reported Earnings • Nov 27
Third quarter 2025 earnings released: EPS: zł0.51 (vs zł0.04 loss in 3Q 2024) Third quarter 2025 results: EPS: zł0.51 (up from zł0.04 loss in 3Q 2024). Revenue: zł16.2m (down 16% from 3Q 2024). Net income: zł1.27m (up zł1.37m from 3Q 2024). Profit margin: 7.8% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 19
Second quarter 2025 earnings released: EPS: zł0.18 (vs zł0.01 loss in 2Q 2024) Second quarter 2025 results: EPS: zł0.18 (up from zł0.01 loss in 2Q 2024). Revenue: zł16.1m (down 16% from 2Q 2024). Net income: zł440.8k (up zł465.7k from 2Q 2024). Profit margin: 2.7% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Annuncio • Aug 21
Digitree Group S.A. to Report First Half, 2025 Results on Sep 17, 2025 Digitree Group S.A. announced that they will report first half, 2025 results on Sep 17, 2025 New Risk • Jul 02
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 12% 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 (12% average weekly change). Earnings have declined by 35% per year over the past 5 years. Market cap is less than US$10m (zł32.8m market cap, or US$9.08m). New Risk • May 27
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 9.6% 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 Earnings have declined by 35% per year over the past 5 years. Market cap is less than US$10m (zł37.3m market cap, or US$9.95m). Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change). Reported Earnings • May 22
First quarter 2025 earnings released: zł0.54 loss per share (vs zł0.28 loss in 1Q 2024) First quarter 2025 results: zł0.54 loss per share (further deteriorated from zł0.28 loss in 1Q 2024). Revenue: zł15.8m (down 22% from 1Q 2024). Net loss: zł1.34m (loss widened 88% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 135 percentage points per year, which is a significant difference in performance. New Risk • May 02
New major risk - Revenue and earnings growth Earnings have declined by 13% 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 Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (zł28.8m market cap, or US$7.60m). Reported Earnings • Nov 28
Third quarter 2024 earnings released: zł0.04 loss per share (vs zł0.014 loss in 3Q 2023) Third quarter 2024 results: zł0.04 loss per share (further deteriorated from zł0.014 loss in 3Q 2023). Revenue: zł19.3m (down 13% from 3Q 2023). Net loss: zł100.9k (loss widened 191% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Sep 18
Second quarter 2024 earnings released: zł0.01 loss per share (vs zł0.011 loss in 2Q 2023) Second quarter 2024 results: zł0.01 loss per share (improved from zł0.011 loss in 2Q 2023). Revenue: zł19.0m (down 21% from 2Q 2023). Net loss: zł25.0k (loss narrowed 5.6% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • May 26
First quarter 2024 earnings released: zł0.29 loss per share (vs zł0.33 loss in 1Q 2023) First quarter 2024 results: zł0.29 loss per share (improved from zł0.33 loss in 1Q 2023). Revenue: zł20.4m (down 1.3% from 1Q 2023). Net loss: zł709.0k (loss narrowed 14% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Annuncio • May 25
Digitree Group S.A., Annual General Meeting, Jun 17, 2024 Digitree Group S.A., Annual General Meeting, Jun 17, 2024. Reported Earnings • Apr 24
Full year 2023 earnings released: zł0.33 loss per share (vs zł0.079 profit in FY 2022) Full year 2023 results: zł0.33 loss per share (down from zł0.079 profit in FY 2022). Revenue: zł89.5m (up 12% from FY 2022). Net loss: zł816.8k (down zł1.01m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 24
Third quarter 2023 earnings released: zł0.01 loss per share (vs zł0.05 loss in 3Q 2022) Third quarter 2023 results: zł0.01 loss per share (improved from zł0.05 loss in 3Q 2022). Revenue: zł22.3m (up 15% from 3Q 2022). Net loss: zł34.7k (loss narrowed 71% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 13
Second quarter 2023 earnings released: zł0.011 loss per share (vs zł0.24 profit in 2Q 2022) Second quarter 2023 results: zł0.011 loss per share (down from zł0.24 profit in 2Q 2022). Revenue: zł24.1m (up 22% from 2Q 2022). Net loss: zł26.5k (down 103% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Annuncio • May 20
Digitree Group S.A., Annual General Meeting, Jun 15, 2023 Digitree Group S.A., Annual General Meeting, Jun 15, 2023, at 11:00 Central European Standard Time. Reported Earnings • May 20
First quarter 2023 earnings released: zł0.33 loss per share (vs zł0.32 loss in 1Q 2022) First quarter 2023 results: zł0.33 loss per share (further deteriorated from zł0.32 loss in 1Q 2022). Revenue: zł20.6m (up 16% from 1Q 2022). Net loss: zł824.3k (loss widened 2.9% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 16
Full year 2022 earnings released: EPS: zł0.08 (vs zł0.11 in FY 2021) Full year 2022 results: EPS: zł0.08 (down from zł0.11 in FY 2021). Revenue: zł79.9m (up 18% from FY 2021). Net income: zł195.8k (down 29% from FY 2021). Profit margin: 0.2% (down from 0.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 23
Third quarter 2022 earnings released: zł0.05 loss per share (vs zł0.08 profit in 3Q 2021) Third quarter 2022 results: zł0.05 loss per share (down from zł0.08 profit in 3Q 2021). Revenue: zł19.4m (up 14% from 3Q 2021). Net loss: zł118.9k (down 159% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 63% per year whereas the company’s share price has increased by 65% per year. Reported Earnings • Sep 09
Second quarter 2022 earnings released: EPS: zł0.24 (vs zł0.15 in 2Q 2021) Second quarter 2022 results: EPS: zł0.24 (up from zł0.15 in 2Q 2021). Revenue: zł19.7m (up 15% from 2Q 2021). Net income: zł862.4k (up 147% from 2Q 2021). Profit margin: 4.4% (up from 2.0% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Annuncio • May 26
Digitree Group S.A., Annual General Meeting, Jun 23, 2022 Digitree Group S.A., Annual General Meeting, Jun 23, 2022, at 11:00 Central European Standard Time. Reported Earnings • Nov 20
Third quarter 2021 earnings released: EPS zł0.08 (vs zł0.19 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: zł16.9m (up 33% from 3Q 2020). Net income: zł201.2k (up zł661.9k from 3Q 2020). Profit margin: 1.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 12
Second quarter 2021 earnings released: EPS zł0.15 (vs zł0.088 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł17.1m (up 36% from 2Q 2020). Net income: zł348.8k (up 60% from 2Q 2020). Profit margin: 2.0% (up from 1.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • May 24
First quarter 2021 earnings released: zł0.08 loss per share (vs zł0.06 loss in 1Q 2020) The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: zł15.1m (up 22% from 1Q 2020). Net loss: zł207.6k (loss widened 60% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 25
Full year 2020 earnings released: zł0.55 loss per share (vs zł0.23 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: zł54.6m (down 4.2% from FY 2019). Net loss: zł1.35m (loss widened 132% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Dec 28
New 90-day high: zł7.20 The company is up 6.0% from its price of zł6.80 on 29 September 2020. The Polish market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is up 5.0% over the same period. Is New 90 Day High Low • Oct 22
New 90-day low: zł5.85 The company is down 45% from its price of zł10.70 on 24 July 2020. The Polish market is down 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 14% over the same period. Is New 90 Day High Low • Oct 06
New 90-day low: zł6.50 The company is down 4.0% from its price of zł6.80 on 08 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 Media industry, which is up 1.0% over the same period. Annuncio • Sep 01
Rafal Mandes and Karol Rozwalka(member of the management of VideoTarget) signed a share sale agreement to acquire additional 90.2% stake in VideoTarget sp. z oo from Digitree Group S.A. (WSE:DTR) for PLN 7.5 million. Rafal Mandes and Karol Rozwalka (member of the management of VideoTarget) signed a share sale agreement to acquire additional 90.2% stake in VideoTarget sp. z oo from Digitree Group S.A. (WSE:DTR) for PLN 7.5 million on August 31, 2020. Pre deal, Rafal Mandes held 9.8% of VideoTarget. Under the agreement, Rafal Mandes and Karol Rozwalka purchased 0.000092 million shares. Rafal Mandes acquired 0.000041 million shares, representing 40.2% for PLN 0.033 million and Karol Rozwalka purchased 0.000051 million shares of VideoTarget, representing 50% of the share capital of VideoTarget for the price of PLN 0.04 million. Payment is to be done on September 4, 2020. The deal is subject to approval of the Board of Digitree Group, signing annexes to bank agreements in order to cancel all blank promissory notes signed by the Management Board of VideoTarget and guarantees for the repayment of loans granted by VideoTarget ) redemption of cost invoices issued by the Company and companies from the Digitree Group Capital Group on VideoTarget and other conditions.