New Risk • May 19
New major risk - Negative shareholders equity The company has negative equity. Total equity: -zł44k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-zł140k free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Negative equity (-zł44k). Revenue is less than US$1m (zł15k revenue, or US$4.1k). Market cap is less than US$10m (zł12.3m market cap, or US$3.36m). New Risk • Mar 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 7.2% 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 Less than 1 year of cash runway based on free cash flow trend (-zł194k free cash flow). Earnings have declined by 18% per year over the past 5 years. Revenue is less than US$1m (zł15k revenue, or US$4.0k). Market cap is less than US$10m (zł13.3m market cap, or US$3.58m). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). お知らせ • Nov 10
Synerga.Fund S.A. to Report Q3, 2025 Results on Nov 12, 2025 Synerga.Fund S.A. announced that they will report Q3, 2025 results on Nov 12, 2025 New Risk • Aug 28
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 13% 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 Less than 1 year of cash runway based on free cash flow trend (-zł187k free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 32% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (zł19.1m market cap, or US$5.24m). New Risk • Jun 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 7.6% 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 31% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (zł14.4m market cap, or US$3.88m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). お知らせ • Apr 11
Synerga.Fund S.A., Annual General Meeting, May 07, 2025 Synerga.Fund S.A., Annual General Meeting, May 07, 2025. New Risk • Jan 15
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 9.8% 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 (9.8% average weekly change). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (zł21.8m market cap, or US$5.28m). New Risk • Nov 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.2% 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 29% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (zł15.5m market cap, or US$3.81m). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Reported Earnings • Mar 15
Full year 2023 earnings released Full year 2023 results: Net loss: zł76.3k (loss narrowed 98% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. New Risk • Feb 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 7.4% 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 Shareholders have been substantially diluted in the past year (over 9x increase in shares outstanding). Revenue is less than US$1m (zł205k revenue, or US$51k). Market cap is less than US$10m (zł18.2m market cap, or US$4.52m). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. New Risk • Jun 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 9x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 9x increase in shares outstanding). Revenue is less than US$1m (zł165k revenue, or US$40k). Market cap is less than US$10m (zł32.8m market cap, or US$7.90m). Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change). お知らせ • Jun 02
Synerga.Fund S.A., Annual General Meeting, Jun 28, 2023 Synerga.Fund S.A., Annual General Meeting, Jun 28, 2023, at 09:00 Central European Standard Time. お知らせ • May 26
Synerga.Fund S.A., Annual General Meeting, Jun 23, 2022 Synerga.Fund S.A., Annual General Meeting, Jun 23, 2022, at 09:30 Central European Standard Time. Is New 90 Day High Low • Feb 19
New 90-day high: zł0.24 The company is up 4.0% from its price of zł0.24 on 20 November 2020. The Polish market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 03
New 90-day low: zł0.21 The company is down 28% from its price of zł0.29 on 04 September 2020. The Polish market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 4.0% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: zł0.22 The company is down 30% from its price of zł0.31 on 30 July 2020. The Polish market is down 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period.