View DividendThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsBrand 24 マネジメントマネジメント 基準チェック /04現在、CEO に関する十分な情報がありません。主要情報Michal Sadowski最高経営責任者n/a報酬総額CEO給与比率n/aCEO在任期間no dataCEOの所有権n/a経営陣の平均在職期間データなし取締役会の平均在任期間1yr経営陣の近況お知らせ • May 31Brand 24 S.A., Annual General Meeting, Jun 26, 2024Brand 24 S.A., Annual General Meeting, Jun 26, 2024.お知らせ • Jun 04Brand 24 S.A., Annual General Meeting, Jun 30, 2023Brand 24 S.A., Annual General Meeting, Jun 30, 2023, at 09:00 Central European Standard Time.すべての更新を表示Recent updatesReported Earnings • Nov 02Third quarter 2025 earnings released: EPS: zł0.27 (vs zł0.40 in 3Q 2024)Third quarter 2025 results: EPS: zł0.27 (down from zł0.40 in 3Q 2024). Revenue: zł10.8m (up 20% from 3Q 2024). Net income: zł592.0k (down 34% from 3Q 2024). Profit margin: 5.5% (down from 9.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.Reported Earnings • Oct 05Second quarter 2025 earnings released: EPS: zł0.25 (vs zł1.10 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.25 (up from zł1.10 loss in 2Q 2024). Revenue: zł9.90m (up 17% from 2Q 2024). Net income: zł566.0k (up zł3.02m from 2Q 2024). Profit margin: 5.7% (up from net loss in 2Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.お知らせ • Aug 25Brand 24 S.A. to Report First Half, 2025 Results on Sep 30, 2025Brand 24 S.A. announced that they will report first half, 2025 results on Sep 30, 2025Reported Earnings • Apr 04Full year 2024 earnings released: EPS: zł0.34 (vs zł1.59 in FY 2023)Full year 2024 results: EPS: zł0.34 (down from zł1.59 in FY 2023). Revenue: zł35.3m (up 27% from FY 2023). Net income: zł764.4k (down 78% from FY 2023). Profit margin: 2.2% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Dec 01Third quarter 2024 earnings released: EPS: zł0.40 (vs zł0.39 in 3Q 2023)Third quarter 2024 results: EPS: zł0.40 (up from zł0.39 in 3Q 2023). Revenue: zł9.04m (up 29% from 3Q 2023). Net income: zł892.2k (up 4.4% from 3Q 2023). Profit margin: 9.9% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 30% per year.Reported Earnings • Oct 01Second quarter 2024 earnings released: zł1.10 loss per share (vs zł0.83 profit in 2Q 2023)Second quarter 2024 results: zł1.10 loss per share (down from zł0.83 profit in 2Q 2023). Revenue: zł8.44m (up 26% from 2Q 2023). Net loss: zł2.46m (down 234% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 04First quarter 2024 earnings released: EPS: zł0.52 (vs zł0.45 in 1Q 2023)First quarter 2024 results: EPS: zł0.52 (up from zł0.45 in 1Q 2023). Revenue: zł7.88m (up 24% from 1Q 2023). Net income: zł1.16m (up 17% from 1Q 2023). Profit margin: 15% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • May 31Brand 24 S.A., Annual General Meeting, Jun 26, 2024Brand 24 S.A., Annual General Meeting, Jun 26, 2024.Reported Earnings • Apr 09Full year 2023 earnings released: EPS: zł1.59 (vs zł0.70 in FY 2022)Full year 2023 results: EPS: zł1.59 (up from zł0.70 in FY 2022). Revenue: zł27.7m (up 25% from FY 2022). Net income: zł3.51m (up 127% from FY 2022). Profit margin: 13% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 03Brand 24 S.A. to Report Fiscal Year 2023 Final Results on Apr 04, 2024Brand 24 S.A. announced that they will report fiscal year 2023 final results on Apr 04, 2024お知らせ • Feb 03Brand 24 S.A. to Report Q3, 2024 Results on Nov 29, 2024Brand 24 S.A. announced that they will report Q3, 2024 results on Nov 29, 2024お知らせ • Feb 02+ 1 more updateBrand 24 S.A. to Report Q1, 2024 Results on May 31, 2024Brand 24 S.A. announced that they will report Q1, 2024 results on May 31, 2024分析記事 • Jan 20Brand 24 S.A.'s (WSE:B24) Share Price Could Signal Some RiskBrand 24 S.A.'s ( WSE:B24 ) price-to-earnings (or "P/E") ratio of 23.6x might make it look like a strong sell right now...Reported Earnings • Nov 26Third quarter 2023 earnings released: EPS: zł0.39 (vs zł0.17 in 3Q 2022)Third quarter 2023 results: EPS: zł0.39 (up from zł0.17 in 3Q 2022). Revenue: zł7.02m (up 21% from 3Q 2022). Net income: zł855.0k (up 124% from 3Q 2022). Profit margin: 12% (up from 6.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.New Risk • Oct 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Market cap is less than US$100m (zł78.8m market cap, or US$18.0m).Reported Earnings • Oct 01Second quarter 2023 earnings released: EPS: zł0.83 (vs zł0.20 in 2Q 2022)Second quarter 2023 results: EPS: zł0.83 (up from zł0.20 in 2Q 2022). Revenue: zł6.69m (up 25% from 2Q 2022). Net income: zł1.83m (up 309% from 2Q 2022). Profit margin: 27% (up from 8.4% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to zł35.50, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 23x in the Software industry in Poland. Total returns to shareholders of 12% over the past three years.お知らせ • Jun 04Brand 24 S.A., Annual General Meeting, Jun 30, 2023Brand 24 S.A., Annual General Meeting, Jun 30, 2023, at 09:00 Central European Standard Time.分析記事 • May 24Estimating The Fair Value Of Brand 24 S.A. (WSE:B24)Key Insights Using the 2 Stage Free Cash Flow to Equity, Brand 24 fair value estimate is zł30.12 Current share price of...分析記事 • Apr 12Brand 24 S.A.'s (WSE:B24) Share Price Not Quite Adding UpBrand 24 S.A.'s ( WSE:B24 ) price-to-earnings (or "P/E") ratio of 42.8x might make it look like a strong sell right now...Reported Earnings • Mar 30Full year 2022 earnings released: EPS: zł0.70 (vs zł0.12 in FY 2021)Full year 2022 results: EPS: zł0.70 (up from zł0.12 in FY 2021). Revenue: zł22.2m (up 40% from FY 2021). Net income: zł1.55m (up 486% from FY 2021). Profit margin: 7.0% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 03+ 2 more updatesBrand 24 S.A. to Report First Half, 2023 Results on Oct 02, 2023Brand 24 S.A. announced that they will report first half, 2023 results on Oct 02, 2023Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: zł0.17 (vs zł0.097 in 3Q 2021)Third quarter 2022 results: EPS: zł0.17 (up from zł0.097 in 3Q 2021). Revenue: zł5.81m (up 45% from 3Q 2021). Net income: zł381.5k (up 83% from 3Q 2021). Profit margin: 6.6% (up from 5.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to zł22.50, the stock trades at a trailing P/E ratio of 48.5x. Average trailing P/E is 17x in the Software industry in Poland. Total loss to shareholders of 17% over the past three years.Reported Earnings • Oct 02Second quarter 2022 earnings released: EPS: zł0.21 (vs zł0.057 in 2Q 2021)Second quarter 2022 results: EPS: zł0.21 (up from zł0.057 in 2Q 2021). Revenue: zł5.36m (up 41% from 2Q 2021). Net income: zł448.0k (up 267% from 2Q 2021). Profit margin: 8.4% (up from 3.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 24Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: zł0.10 (up from zł0.035 loss in 3Q 2020). Revenue: zł4.01m (up 21% from 3Q 2020). Net income: zł208.5k (up zł283.3k from 3Q 2020). Profit margin: 5.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 03Second quarter 2021 earnings released: EPS zł0.053 (vs zł0.072 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł3.82m (up 15% from 2Q 2020). Net income: zł122.1k (up zł269.0k from 2Q 2020). Profit margin: 3.2% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Reported Earnings • May 27First quarter 2021 earnings released: EPS zł0.02 (vs zł0.21 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł3.54m (up 9.5% from 1Q 2020). Net income: zł34.7k (up zł462.9k from 1Q 2020). Profit margin: 1.0% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.お知らせ • May 13+ 1 more updateAn unknown buyer acquired 28.93% stake in Brand 24 S.A. (WSE:B24) from funds managed by Ipopema Towarzystwo Funduszy Inwestycyjnych S.A.An unknown buyer acquired 28.93% stake in Brand 24 S.A. (WSE:B24) from funds managed by Ipopema Towarzystwo Funduszy Inwestycyjnych S.A. on May 11, 2021. An unknown buyer completed the acquisition of 28.93% stake in Brand 24 S.A. (WSE:B24) from funds managed by Ipopema Towarzystwo Funduszy Inwestycyjnych S.A. on May 11, 2021.Reported Earnings • Mar 28Full year 2020 earnings released: zł0.64 loss per share (vs zł0.50 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: zł13.4m (down 15% from FY 2019). Net loss: zł1.35m (loss widened 35% from FY 2019). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 04New 90-day high: zł29.20The company is up 36% from its price of zł21.40 on 06 November 2020. The Polish market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 8.0% over the same period.お知らせ • Jan 30+ 3 more updatesBrand 24 S.A. to Report Q1, 2021 Results on May 17, 2021Brand 24 S.A. announced that they will report Q1, 2021 results on May 17, 2021Is New 90 Day High Low • Jan 15New 90-day high: zł26.90The company is up 13% from its price of zł23.90 on 16 October 2020. The Polish market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 2.0% over the same period.Is New 90 Day High Low • Dec 22New 90-day low: zł20.50The company is down 27% from its price of zł28.00 on 23 September 2020. The Polish market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period.Is New 90 Day High Low • Dec 01New 90-day low: zł20.60The company is down 29% from its price of zł29.00 on 02 September 2020. The Polish market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period.Is New 90 Day High Low • Oct 16New 90-day low: zł23.90The company is down 41% from its price of zł40.30 on 17 July 2020. The Polish market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 4.0% over the same period.Is New 90 Day High Low • Sep 26New 90-day low: zł25.50The company is down 25% from its price of zł34.00 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 Software industry, which is up 11% over the same period.CEOMichal Sadowski no data在職期間Mr. Michal Sadowski is Founder, Chief Executive Officer and President of the Management Board at Brand24 S.A.取締役名称ポジション在職期間報酬所有権Eugene LevinChairman of Supervisory Board1yrデータなしデータなしJakub KurzynogaMember of the Supervisory Board6.6yrsデータなしデータなしKarol WnukiewiczMember of Supervisory Boardno dataデータなしデータなしBrian MulroyMember of Supervisory Board1yrデータなしデータなしDavid MansonMember of Supervisory Board1yrデータなしデータなしもっと見る1.0yrs平均在職期間経験豊富なボード: B24の 取締役会 は 経験豊富 ではない ( 1年の平均在任期間) ため、新しい取締役会が必要であると考えられます。View Ownership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2026/05/05 09:08終値2026/02/05 00:00収益2025/09/30年間収益2024/12/31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Brand 24 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
お知らせ • May 31Brand 24 S.A., Annual General Meeting, Jun 26, 2024Brand 24 S.A., Annual General Meeting, Jun 26, 2024.
お知らせ • Jun 04Brand 24 S.A., Annual General Meeting, Jun 30, 2023Brand 24 S.A., Annual General Meeting, Jun 30, 2023, at 09:00 Central European Standard Time.
Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: zł0.27 (vs zł0.40 in 3Q 2024)Third quarter 2025 results: EPS: zł0.27 (down from zł0.40 in 3Q 2024). Revenue: zł10.8m (up 20% from 3Q 2024). Net income: zł592.0k (down 34% from 3Q 2024). Profit margin: 5.5% (down from 9.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 05Second quarter 2025 earnings released: EPS: zł0.25 (vs zł1.10 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.25 (up from zł1.10 loss in 2Q 2024). Revenue: zł9.90m (up 17% from 2Q 2024). Net income: zł566.0k (up zł3.02m from 2Q 2024). Profit margin: 5.7% (up from net loss in 2Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.
お知らせ • Aug 25Brand 24 S.A. to Report First Half, 2025 Results on Sep 30, 2025Brand 24 S.A. announced that they will report first half, 2025 results on Sep 30, 2025
Reported Earnings • Apr 04Full year 2024 earnings released: EPS: zł0.34 (vs zł1.59 in FY 2023)Full year 2024 results: EPS: zł0.34 (down from zł1.59 in FY 2023). Revenue: zł35.3m (up 27% from FY 2023). Net income: zł764.4k (down 78% from FY 2023). Profit margin: 2.2% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Dec 01Third quarter 2024 earnings released: EPS: zł0.40 (vs zł0.39 in 3Q 2023)Third quarter 2024 results: EPS: zł0.40 (up from zł0.39 in 3Q 2023). Revenue: zł9.04m (up 29% from 3Q 2023). Net income: zł892.2k (up 4.4% from 3Q 2023). Profit margin: 9.9% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 30% per year.
Reported Earnings • Oct 01Second quarter 2024 earnings released: zł1.10 loss per share (vs zł0.83 profit in 2Q 2023)Second quarter 2024 results: zł1.10 loss per share (down from zł0.83 profit in 2Q 2023). Revenue: zł8.44m (up 26% from 2Q 2023). Net loss: zł2.46m (down 234% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 04First quarter 2024 earnings released: EPS: zł0.52 (vs zł0.45 in 1Q 2023)First quarter 2024 results: EPS: zł0.52 (up from zł0.45 in 1Q 2023). Revenue: zł7.88m (up 24% from 1Q 2023). Net income: zł1.16m (up 17% from 1Q 2023). Profit margin: 15% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • May 31Brand 24 S.A., Annual General Meeting, Jun 26, 2024Brand 24 S.A., Annual General Meeting, Jun 26, 2024.
Reported Earnings • Apr 09Full year 2023 earnings released: EPS: zł1.59 (vs zł0.70 in FY 2022)Full year 2023 results: EPS: zł1.59 (up from zł0.70 in FY 2022). Revenue: zł27.7m (up 25% from FY 2022). Net income: zł3.51m (up 127% from FY 2022). Profit margin: 13% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 03Brand 24 S.A. to Report Fiscal Year 2023 Final Results on Apr 04, 2024Brand 24 S.A. announced that they will report fiscal year 2023 final results on Apr 04, 2024
お知らせ • Feb 03Brand 24 S.A. to Report Q3, 2024 Results on Nov 29, 2024Brand 24 S.A. announced that they will report Q3, 2024 results on Nov 29, 2024
お知らせ • Feb 02+ 1 more updateBrand 24 S.A. to Report Q1, 2024 Results on May 31, 2024Brand 24 S.A. announced that they will report Q1, 2024 results on May 31, 2024
分析記事 • Jan 20Brand 24 S.A.'s (WSE:B24) Share Price Could Signal Some RiskBrand 24 S.A.'s ( WSE:B24 ) price-to-earnings (or "P/E") ratio of 23.6x might make it look like a strong sell right now...
Reported Earnings • Nov 26Third quarter 2023 earnings released: EPS: zł0.39 (vs zł0.17 in 3Q 2022)Third quarter 2023 results: EPS: zł0.39 (up from zł0.17 in 3Q 2022). Revenue: zł7.02m (up 21% from 3Q 2022). Net income: zł855.0k (up 124% from 3Q 2022). Profit margin: 12% (up from 6.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Market cap is less than US$100m (zł78.8m market cap, or US$18.0m).
Reported Earnings • Oct 01Second quarter 2023 earnings released: EPS: zł0.83 (vs zł0.20 in 2Q 2022)Second quarter 2023 results: EPS: zł0.83 (up from zł0.20 in 2Q 2022). Revenue: zł6.69m (up 25% from 2Q 2022). Net income: zł1.83m (up 309% from 2Q 2022). Profit margin: 27% (up from 8.4% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to zł35.50, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 23x in the Software industry in Poland. Total returns to shareholders of 12% over the past three years.
お知らせ • Jun 04Brand 24 S.A., Annual General Meeting, Jun 30, 2023Brand 24 S.A., Annual General Meeting, Jun 30, 2023, at 09:00 Central European Standard Time.
分析記事 • May 24Estimating The Fair Value Of Brand 24 S.A. (WSE:B24)Key Insights Using the 2 Stage Free Cash Flow to Equity, Brand 24 fair value estimate is zł30.12 Current share price of...
分析記事 • Apr 12Brand 24 S.A.'s (WSE:B24) Share Price Not Quite Adding UpBrand 24 S.A.'s ( WSE:B24 ) price-to-earnings (or "P/E") ratio of 42.8x might make it look like a strong sell right now...
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: zł0.70 (vs zł0.12 in FY 2021)Full year 2022 results: EPS: zł0.70 (up from zł0.12 in FY 2021). Revenue: zł22.2m (up 40% from FY 2021). Net income: zł1.55m (up 486% from FY 2021). Profit margin: 7.0% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 03+ 2 more updatesBrand 24 S.A. to Report First Half, 2023 Results on Oct 02, 2023Brand 24 S.A. announced that they will report first half, 2023 results on Oct 02, 2023
Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: zł0.17 (vs zł0.097 in 3Q 2021)Third quarter 2022 results: EPS: zł0.17 (up from zł0.097 in 3Q 2021). Revenue: zł5.81m (up 45% from 3Q 2021). Net income: zł381.5k (up 83% from 3Q 2021). Profit margin: 6.6% (up from 5.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to zł22.50, the stock trades at a trailing P/E ratio of 48.5x. Average trailing P/E is 17x in the Software industry in Poland. Total loss to shareholders of 17% over the past three years.
Reported Earnings • Oct 02Second quarter 2022 earnings released: EPS: zł0.21 (vs zł0.057 in 2Q 2021)Second quarter 2022 results: EPS: zł0.21 (up from zł0.057 in 2Q 2021). Revenue: zł5.36m (up 41% from 2Q 2021). Net income: zł448.0k (up 267% from 2Q 2021). Profit margin: 8.4% (up from 3.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 24Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: zł0.10 (up from zł0.035 loss in 3Q 2020). Revenue: zł4.01m (up 21% from 3Q 2020). Net income: zł208.5k (up zł283.3k from 3Q 2020). Profit margin: 5.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 03Second quarter 2021 earnings released: EPS zł0.053 (vs zł0.072 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł3.82m (up 15% from 2Q 2020). Net income: zł122.1k (up zł269.0k from 2Q 2020). Profit margin: 3.2% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Reported Earnings • May 27First quarter 2021 earnings released: EPS zł0.02 (vs zł0.21 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł3.54m (up 9.5% from 1Q 2020). Net income: zł34.7k (up zł462.9k from 1Q 2020). Profit margin: 1.0% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
お知らせ • May 13+ 1 more updateAn unknown buyer acquired 28.93% stake in Brand 24 S.A. (WSE:B24) from funds managed by Ipopema Towarzystwo Funduszy Inwestycyjnych S.A.An unknown buyer acquired 28.93% stake in Brand 24 S.A. (WSE:B24) from funds managed by Ipopema Towarzystwo Funduszy Inwestycyjnych S.A. on May 11, 2021. An unknown buyer completed the acquisition of 28.93% stake in Brand 24 S.A. (WSE:B24) from funds managed by Ipopema Towarzystwo Funduszy Inwestycyjnych S.A. on May 11, 2021.
Reported Earnings • Mar 28Full year 2020 earnings released: zł0.64 loss per share (vs zł0.50 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: zł13.4m (down 15% from FY 2019). Net loss: zł1.35m (loss widened 35% from FY 2019). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 04New 90-day high: zł29.20The company is up 36% from its price of zł21.40 on 06 November 2020. The Polish market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 8.0% over the same period.
お知らせ • Jan 30+ 3 more updatesBrand 24 S.A. to Report Q1, 2021 Results on May 17, 2021Brand 24 S.A. announced that they will report Q1, 2021 results on May 17, 2021
Is New 90 Day High Low • Jan 15New 90-day high: zł26.90The company is up 13% from its price of zł23.90 on 16 October 2020. The Polish market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Dec 22New 90-day low: zł20.50The company is down 27% from its price of zł28.00 on 23 September 2020. The Polish market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Dec 01New 90-day low: zł20.60The company is down 29% from its price of zł29.00 on 02 September 2020. The Polish market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Oct 16New 90-day low: zł23.90The company is down 41% from its price of zł40.30 on 17 July 2020. The Polish market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 4.0% over the same period.
Is New 90 Day High Low • Sep 26New 90-day low: zł25.50The company is down 25% from its price of zł34.00 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 Software industry, which is up 11% over the same period.