Larq（LRQ）株式概要Larq S.A.はポーランドで屋外広告メディアサービスを提供している。 詳細LRQ ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績2/6財務の健全性1/6配当金0/6報酬株価収益率（ 2.6 x） Polish市場（ 13.2 x）を下回っています。今年は黒字化を達成 リスク分析収益が 100 万ドル未満 ( PLN442K )意味のある時価総額がありません ( PLN30M )財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見るLRQ Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValuezłCurrent Pricezł2.20609.7% 割高 内在価値ディスカウントEst. Revenue$PastFuture-45m44m2016201920222025202620282031Revenue zł100.8kEarnings zł2.6mAdvancedSet Fair ValueView all narrativesLarq S.A. 競合他社MPL VerbumSymbol: WSE:VERMarket cap: zł14.2mIMSSymbol: WSE:IMSMarket cap: zł73.1mFabritySymbol: WSE:FABMarket cap: zł80.9mNew Tech VentureSymbol: WSE:NTVMarket cap: zł6.8m価格と性能株価の高値、安値、推移の概要Larq過去の株価現在の株価zł2.2052週高値zł2.4852週安値zł1.54ベータ0.711ヶ月の変化9.45%3ヶ月変化6.80%1年変化21.55%3年間の変化52.78%5年間の変化47.16%IPOからの変化-79.42%最新ニュースValuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to zł2.00, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 15x in the Media industry in Poland. Total returns to shareholders of 62% over the past three years.Reported Earnings • Nov 29Third quarter 2025 earnings released: EPS: zł0.27 (vs zł0.14 loss in 3Q 2024)Third quarter 2025 results: EPS: zł0.27 (up from zł0.14 loss in 3Q 2024). Net income: zł3.55m (up zł5.50m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to zł2.39, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 19x in the Media industry in Poland. Total returns to shareholders of 122% over the past three years.分析記事 • Oct 02Larq's (WSE:LRQ) Earnings Might Not Be As Promising As They SeemSolid profit numbers didn't seem to be enough to please Larq S.A.'s ( WSE:LRQ ) shareholders. Our analysis suggests...Reported Earnings • Sep 25Second quarter 2025 earnings released: EPS: zł0.70 (vs zł0.31 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.70 (up from zł0.31 loss in 2Q 2024). Net income: zł9.37m (up zł13.4m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Aug 23Larq (WSE:LRQ) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to zł2.00, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 15x in the Media industry in Poland. Total returns to shareholders of 62% over the past three years.Reported Earnings • Nov 29Third quarter 2025 earnings released: EPS: zł0.27 (vs zł0.14 loss in 3Q 2024)Third quarter 2025 results: EPS: zł0.27 (up from zł0.14 loss in 3Q 2024). Net income: zł3.55m (up zł5.50m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to zł2.39, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 19x in the Media industry in Poland. Total returns to shareholders of 122% over the past three years.分析記事 • Oct 02Larq's (WSE:LRQ) Earnings Might Not Be As Promising As They SeemSolid profit numbers didn't seem to be enough to please Larq S.A.'s ( WSE:LRQ ) shareholders. Our analysis suggests...Reported Earnings • Sep 25Second quarter 2025 earnings released: EPS: zł0.70 (vs zł0.31 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.70 (up from zł0.31 loss in 2Q 2024). Net income: zł9.37m (up zł13.4m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Aug 23Larq (WSE:LRQ) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Risk • Aug 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.7% 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 Revenue is less than US$1m (zł430k revenue, or US$118k). Market cap is less than US$10m (zł27.0m market cap, or US$7.40m). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).New Risk • Jun 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% 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 Revenue is less than US$1m (zł430k revenue, or US$117k). Market cap is less than US$10m (zł28.0m market cap, or US$7.65m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding).Reported Earnings • Nov 29Third quarter 2024 earnings released: zł0.14 loss per share (vs zł0.023 profit in 3Q 2023)Third quarter 2024 results: zł0.14 loss per share (down from zł0.023 profit in 3Q 2023). Net loss: zł1.94m (down zł2.26m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 27First quarter 2024 earnings released: EPS: zł0.13 (vs zł0.11 in 1Q 2023)First quarter 2024 results: EPS: zł0.13 (up from zł0.11 in 1Q 2023). Net income: zł1.68m (up 17% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.New Risk • Sep 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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 High level of non-cash earnings (23% accrual ratio). Revenue is less than US$1m. Market cap is less than US$10m (zł25.5m market cap, or US$6.66m). Minor Risk Shareholders have been diluted in the past year (2.1% increase in shares outstanding).New Risk • Jul 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% 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 Share price has been highly volatile over the past 3 months (9.2% average weekly change). High level of non-cash earnings (23% accrual ratio). Revenue is less than US$1m. Market cap is less than US$10m (zł29.6m market cap, or US$7.49m). Minor Risk Shareholders have been diluted in the past year (2.2% increase in shares outstanding).Reported Earnings • Jun 05First quarter 2024 earnings released: EPS: zł0.52 (vs zł0.11 in 1Q 2023)First quarter 2024 results: EPS: zł0.52 (up from zł0.11 in 1Q 2023). Net income: zł6.70m (up 368% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 05Larq S.A., Annual General Meeting, Jun 27, 2024Larq S.A., Annual General Meeting, Jun 27, 2024.分析記事 • May 05Why Larq's (WSE:LRQ) Earnings Are Weaker Than They SeemAfter announcing healthy earnings, Larq S.A.'s ( WSE:LRQ ) stock rose over the last week. While the headline numbers...Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to zł2.48, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 9x in the Media industry in Poland. Total returns to shareholders of 31% over the past three years.Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to zł1.86, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 12x in the Media industry in Poland. Total loss to shareholders of 13% over the past three years.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 25%After last week's 25% share price gain to zł2.26, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 13x in the Media industry in Poland. Total loss to shareholders of 3.8% over the past three years.お知らせ • Jan 10+ 3 more updatesLarq S.A. to Report First Half, 2024 Results on Sep 26, 2024Larq S.A. announced that they will report first half, 2024 results on Sep 26, 2024Reported Earnings • Nov 30Third quarter 2023 earnings releasedThird quarter 2023 results: Net income: zł315.9k (up zł1.63m from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improves as stock rises 23%After last week's 23% share price gain to zł1.60, the stock trades at a trailing P/E ratio of 3.1x. Average trailing P/E is 11x in the Media industry in Poland. Total loss to shareholders of 21% over the past three years.分析記事 • Oct 05Larq's (WSE:LRQ) Shareholders May Want To Dig Deeper Than Statutory ProfitThe recent earnings posted by Larq S.A. ( WSE:LRQ ) were solid, but the stock didn't move as much as we expected. We...New Risk • Jul 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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 36% per year over the past 5 years. Revenue is less than US$1m (zł346k revenue, or US$87k). Market cap is less than US$10m (zł20.0m market cap, or US$5.00m). Minor Risk Shareholders have been diluted in the past year (2.1% increase in shares outstanding).New Risk • Jul 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 7.4% 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 36% per year over the past 5 years. Revenue is less than US$1m (zł346k revenue, or US$85k). Market cap is less than US$10m (zł19.4m market cap, or US$4.79m). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (32% increase in shares outstanding).お知らせ • Jun 02Larq S.A., Annual General Meeting, Jun 26, 2023Larq S.A., Annual General Meeting, Jun 26, 2023, at 10:00 Central European Standard Time.お知らせ • Jan 10+ 3 more updatesLarq S.A. to Report Q3, 2023 Results on Nov 28, 2023Larq S.A. announced that they will report Q3, 2023 results on Nov 28, 2023Reported Earnings • Nov 30Third quarter 2022 earnings releasedThird quarter 2022 results: Net loss: zł1.31m (loss narrowed 56% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 30Second quarter 2022 earnings releasedSecond quarter 2022 results: Net loss: zł1.21m (loss narrowed 71% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.お知らせ • Jun 07Larq S.A., Annual General Meeting, Jun 30, 2022Larq S.A., Annual General Meeting, Jun 30, 2022, at 10:00 Central European Standard Time.Reported Earnings • Jun 02First quarter 2022 earnings releasedFirst quarter 2022 results: Net loss: zł547.1k (loss narrowed 54% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.分析記事 • Jan 12Does Larq (WSE:LRQ) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Nov 15Third quarter 2021 earnings releasedThird quarter 2021 results: Net loss: zł3.02m (loss narrowed 84% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.Reported Earnings • Sep 29Second quarter 2021 earnings releasedSecond quarter 2021 results: Net loss: zł4.15m (loss narrowed 41% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings.分析記事 • Aug 23Larq (WSE:LRQ) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • May 30First quarter 2021 earnings releasedFirst quarter 2021 results: Net loss: zł1.18m (loss narrowed 91% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance.分析記事 • May 10Would Larq (WSE:LRQ) Be Better Off With Less Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Is New 90 Day High Low • Feb 12New 90-day high: zł2.26The company is up 28% from its price of zł1.76 on 13 November 2020. The Polish market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 8.0% over the same period.お知らせ • Jan 29+ 2 more updatesLarq S.A. to Report Q1, 2021 Results on May 28, 2021Larq S.A. announced that they will report Q1, 2021 results on May 28, 2021分析記事 • Dec 25Larq (WSE:LRQ) Is Carrying A Fair Bit Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Dec 02Third quarter 2020 earnings released: zł2.16 loss per shareThird quarter 2020 results: Net loss: zł18.6m (loss widened 117% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 104% per year but the company’s share price has only fallen by 51% per year, which means it has not declined as severely as earnings.Reported Earnings • Sep 28First half earnings releasedOver the last 12 months the company has reported total losses of zł37.9m, with losses widening by 60% from the prior year.Is New 90 Day High Low • Sep 26New 90-day low: zł1.75The company is down 34% from its price of zł2.66 on 26 June 2020. The Polish market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is flat over the same period.お知らせ • Sep 25Larq Growth Fund 1 FIZ of AgioFunds Towarzystwo Funduszy Inwestycyjnych S.A. agreed to acquire 17.78% stake in YouLead Sp. z.o.o. from Larq S.A. (WSE:LRQ) for PLN 1.3 million.Larq Growth Fund 1 FIZ of AgioFunds Towarzystwo Funduszy Inwestycyjnych S.A. agreed to acquire 17.78% stake in YouLead Sp. z.o.o. from Larq S.A. (WSE:LRQ) for PLN 1.3 million on August 20, 2020. A promised deal for the transaction was signed on September 24, 2020.株主還元LRQPL MediaPL 市場7D8.9%2.2%-0.3%1Y21.5%32.9%30.8%株主還元を見る業界別リターン: LRQ過去 1 年間で32.9 % の収益を上げたPolish Media業界を下回りました。リターン対市場: LRQは、過去 1 年間で30.8 % のリターンを上げたPolish市場を下回りました。価格変動Is LRQ's price volatile compared to industry and market?LRQ volatilityLRQ Average Weekly Movement6.1%Media Industry Average Movement4.6%Market Average Movement5.4%10% most volatile stocks in PL Market11.1%10% least volatile stocks in PL Market3.1%安定した株価: LRQ 、 Polish市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: LRQの 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20076n/awww.larq.plLarq S.A.はポーランドで屋外広告メディアサービスを提供している。都市型レンタサイクルシステムの提供・サービス、マーケティングキャンペーンの設計・製造・実施などを手掛ける。また、販売・マーケティング自動化システムの開発も行っている。また、グラフィックデザインや広告代理店サービスも提供している。さらに、インターネットとソーシャルメディアを監視するツール「BRAND24」を運営している。同社は以前はCAM Media S.A.として知られていたが、2015年10月にLarq S.A.に社名を変更した。Larq S.A.は2007年に法人化され、ポーランドのワルシャワを拠点としている。もっと見るLarq S.A. 基礎のまとめLarq の収益と売上を時価総額と比較するとどうか。LRQ 基礎統計学時価総額zł29.66m収益（TTM）zł11.39m売上高(TTM)zł442.00k2.6xPER（株価収益率67.1xP/SレシオLRQ は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計LRQ 損益計算書（TTM）収益zł442.00k売上原価zł0売上総利益zł442.00kその他の費用-zł10.95m収益zł11.39m直近の収益報告Dec 31, 2025次回決算日Sep 28, 2026一株当たり利益（EPS）0.84グロス・マージン100.00%純利益率2,576.70%有利子負債／自己資本比率18.8%LRQ の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/05 00:04終値2026/06/05 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Larq S.A. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to zł2.00, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 15x in the Media industry in Poland. Total returns to shareholders of 62% over the past three years.
Reported Earnings • Nov 29Third quarter 2025 earnings released: EPS: zł0.27 (vs zł0.14 loss in 3Q 2024)Third quarter 2025 results: EPS: zł0.27 (up from zł0.14 loss in 3Q 2024). Net income: zł3.55m (up zł5.50m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to zł2.39, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 19x in the Media industry in Poland. Total returns to shareholders of 122% over the past three years.
分析記事 • Oct 02Larq's (WSE:LRQ) Earnings Might Not Be As Promising As They SeemSolid profit numbers didn't seem to be enough to please Larq S.A.'s ( WSE:LRQ ) shareholders. Our analysis suggests...
Reported Earnings • Sep 25Second quarter 2025 earnings released: EPS: zł0.70 (vs zł0.31 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.70 (up from zł0.31 loss in 2Q 2024). Net income: zł9.37m (up zł13.4m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Aug 23Larq (WSE:LRQ) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to zł2.00, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 15x in the Media industry in Poland. Total returns to shareholders of 62% over the past three years.
Reported Earnings • Nov 29Third quarter 2025 earnings released: EPS: zł0.27 (vs zł0.14 loss in 3Q 2024)Third quarter 2025 results: EPS: zł0.27 (up from zł0.14 loss in 3Q 2024). Net income: zł3.55m (up zł5.50m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to zł2.39, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 19x in the Media industry in Poland. Total returns to shareholders of 122% over the past three years.
分析記事 • Oct 02Larq's (WSE:LRQ) Earnings Might Not Be As Promising As They SeemSolid profit numbers didn't seem to be enough to please Larq S.A.'s ( WSE:LRQ ) shareholders. Our analysis suggests...
Reported Earnings • Sep 25Second quarter 2025 earnings released: EPS: zł0.70 (vs zł0.31 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.70 (up from zł0.31 loss in 2Q 2024). Net income: zł9.37m (up zł13.4m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Aug 23Larq (WSE:LRQ) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Aug 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.7% 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 Revenue is less than US$1m (zł430k revenue, or US$118k). Market cap is less than US$10m (zł27.0m market cap, or US$7.40m). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).
New Risk • Jun 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% 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 Revenue is less than US$1m (zł430k revenue, or US$117k). Market cap is less than US$10m (zł28.0m market cap, or US$7.65m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding).
Reported Earnings • Nov 29Third quarter 2024 earnings released: zł0.14 loss per share (vs zł0.023 profit in 3Q 2023)Third quarter 2024 results: zł0.14 loss per share (down from zł0.023 profit in 3Q 2023). Net loss: zł1.94m (down zł2.26m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 27First quarter 2024 earnings released: EPS: zł0.13 (vs zł0.11 in 1Q 2023)First quarter 2024 results: EPS: zł0.13 (up from zł0.11 in 1Q 2023). Net income: zł1.68m (up 17% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
New Risk • Sep 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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 High level of non-cash earnings (23% accrual ratio). Revenue is less than US$1m. Market cap is less than US$10m (zł25.5m market cap, or US$6.66m). Minor Risk Shareholders have been diluted in the past year (2.1% increase in shares outstanding).
New Risk • Jul 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% 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 Share price has been highly volatile over the past 3 months (9.2% average weekly change). High level of non-cash earnings (23% accrual ratio). Revenue is less than US$1m. Market cap is less than US$10m (zł29.6m market cap, or US$7.49m). Minor Risk Shareholders have been diluted in the past year (2.2% increase in shares outstanding).
Reported Earnings • Jun 05First quarter 2024 earnings released: EPS: zł0.52 (vs zł0.11 in 1Q 2023)First quarter 2024 results: EPS: zł0.52 (up from zł0.11 in 1Q 2023). Net income: zł6.70m (up 368% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 05Larq S.A., Annual General Meeting, Jun 27, 2024Larq S.A., Annual General Meeting, Jun 27, 2024.
分析記事 • May 05Why Larq's (WSE:LRQ) Earnings Are Weaker Than They SeemAfter announcing healthy earnings, Larq S.A.'s ( WSE:LRQ ) stock rose over the last week. While the headline numbers...
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to zł2.48, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 9x in the Media industry in Poland. Total returns to shareholders of 31% over the past three years.
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to zł1.86, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 12x in the Media industry in Poland. Total loss to shareholders of 13% over the past three years.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 25%After last week's 25% share price gain to zł2.26, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 13x in the Media industry in Poland. Total loss to shareholders of 3.8% over the past three years.
お知らせ • Jan 10+ 3 more updatesLarq S.A. to Report First Half, 2024 Results on Sep 26, 2024Larq S.A. announced that they will report first half, 2024 results on Sep 26, 2024
Reported Earnings • Nov 30Third quarter 2023 earnings releasedThird quarter 2023 results: Net income: zł315.9k (up zł1.63m from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improves as stock rises 23%After last week's 23% share price gain to zł1.60, the stock trades at a trailing P/E ratio of 3.1x. Average trailing P/E is 11x in the Media industry in Poland. Total loss to shareholders of 21% over the past three years.
分析記事 • Oct 05Larq's (WSE:LRQ) Shareholders May Want To Dig Deeper Than Statutory ProfitThe recent earnings posted by Larq S.A. ( WSE:LRQ ) were solid, but the stock didn't move as much as we expected. We...
New Risk • Jul 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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 36% per year over the past 5 years. Revenue is less than US$1m (zł346k revenue, or US$87k). Market cap is less than US$10m (zł20.0m market cap, or US$5.00m). Minor Risk Shareholders have been diluted in the past year (2.1% increase in shares outstanding).
New Risk • Jul 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 7.4% 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 36% per year over the past 5 years. Revenue is less than US$1m (zł346k revenue, or US$85k). Market cap is less than US$10m (zł19.4m market cap, or US$4.79m). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (32% increase in shares outstanding).
お知らせ • Jun 02Larq S.A., Annual General Meeting, Jun 26, 2023Larq S.A., Annual General Meeting, Jun 26, 2023, at 10:00 Central European Standard Time.
お知らせ • Jan 10+ 3 more updatesLarq S.A. to Report Q3, 2023 Results on Nov 28, 2023Larq S.A. announced that they will report Q3, 2023 results on Nov 28, 2023
Reported Earnings • Nov 30Third quarter 2022 earnings releasedThird quarter 2022 results: Net loss: zł1.31m (loss narrowed 56% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 30Second quarter 2022 earnings releasedSecond quarter 2022 results: Net loss: zł1.21m (loss narrowed 71% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
お知らせ • Jun 07Larq S.A., Annual General Meeting, Jun 30, 2022Larq S.A., Annual General Meeting, Jun 30, 2022, at 10:00 Central European Standard Time.
Reported Earnings • Jun 02First quarter 2022 earnings releasedFirst quarter 2022 results: Net loss: zł547.1k (loss narrowed 54% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.
分析記事 • Jan 12Does Larq (WSE:LRQ) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Nov 15Third quarter 2021 earnings releasedThird quarter 2021 results: Net loss: zł3.02m (loss narrowed 84% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Sep 29Second quarter 2021 earnings releasedSecond quarter 2021 results: Net loss: zł4.15m (loss narrowed 41% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings.
分析記事 • Aug 23Larq (WSE:LRQ) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • May 30First quarter 2021 earnings releasedFirst quarter 2021 results: Net loss: zł1.18m (loss narrowed 91% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance.
分析記事 • May 10Would Larq (WSE:LRQ) Be Better Off With Less Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is New 90 Day High Low • Feb 12New 90-day high: zł2.26The company is up 28% from its price of zł1.76 on 13 November 2020. The Polish market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 8.0% over the same period.
お知らせ • Jan 29+ 2 more updatesLarq S.A. to Report Q1, 2021 Results on May 28, 2021Larq S.A. announced that they will report Q1, 2021 results on May 28, 2021
分析記事 • Dec 25Larq (WSE:LRQ) Is Carrying A Fair Bit Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Dec 02Third quarter 2020 earnings released: zł2.16 loss per shareThird quarter 2020 results: Net loss: zł18.6m (loss widened 117% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 104% per year but the company’s share price has only fallen by 51% per year, which means it has not declined as severely as earnings.
Reported Earnings • Sep 28First half earnings releasedOver the last 12 months the company has reported total losses of zł37.9m, with losses widening by 60% from the prior year.
Is New 90 Day High Low • Sep 26New 90-day low: zł1.75The company is down 34% from its price of zł2.66 on 26 June 2020. The Polish market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is flat over the same period.
お知らせ • Sep 25Larq Growth Fund 1 FIZ of AgioFunds Towarzystwo Funduszy Inwestycyjnych S.A. agreed to acquire 17.78% stake in YouLead Sp. z.o.o. from Larq S.A. (WSE:LRQ) for PLN 1.3 million.Larq Growth Fund 1 FIZ of AgioFunds Towarzystwo Funduszy Inwestycyjnych S.A. agreed to acquire 17.78% stake in YouLead Sp. z.o.o. from Larq S.A. (WSE:LRQ) for PLN 1.3 million on August 20, 2020. A promised deal for the transaction was signed on September 24, 2020.
