New Risk • Apr 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 87% 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 Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Revenue is less than US$1m (zł159k revenue, or US$44k). Market cap is less than US$10m (zł34.6m market cap, or US$9.65m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). お知らせ • Feb 09
Binary Helix Spólka Akcyjna to Report Q4, 2025 Results on Feb 11, 2026 Binary Helix Spólka Akcyjna announced that they will report Q4, 2025 results on Feb 11, 2026 Reported Earnings • Nov 20
Third quarter 2025 earnings released Third quarter 2025 results: Net loss: zł93.2k (down 359% from profit in 3Q 2024). お知らせ • Nov 12
Binary Helix Spólka Akcyjna to Report Q3, 2025 Results on Nov 14, 2025 Binary Helix Spólka Akcyjna announced that they will report Q3, 2025 results on Nov 14, 2025 Reported Earnings • Feb 19
Full year 2024 earnings released: EPS: zł0.019 (vs zł0.009 in FY 2023) Full year 2024 results: EPS: zł0.019 (up from zł0.009 in FY 2023). Revenue: zł202.0k (up 77% from FY 2023). Net income: zł97.0k (up 114% from FY 2023). Profit margin: 48% (up from 40% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings. Reported Earnings • Aug 18
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: zł55.8k (up 89% from 2Q 2023). Net income: zł12.1k (down 27% from 2Q 2023). Profit margin: 22% (down from 56% in 2Q 2023). The decrease in margin was driven by higher expenses. 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 49% per year, which means it is significantly lagging earnings growth. お知らせ • Jun 05
Binary Helix Spólka Akcyjna, Annual General Meeting, Jun 28, 2024 Binary Helix Spólka Akcyjna, Annual General Meeting, Jun 28, 2024. Reported Earnings • May 20
First quarter 2024 earnings released First quarter 2024 results: Revenue: zł33.4k (up 271% from 1Q 2023). Net income: zł20.0k (up zł19.6k from 1Q 2023). Profit margin: 60% (up from 3.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. New Risk • Nov 17
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 60% Last year net profit margin: 456% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (zł98k revenue, or US$24k). Market cap is less than US$10m (zł6.10m market cap, or US$1.52m). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (60% net profit margin). お知らせ • Jun 04
Binary Helix Spólka Akcyjna, Annual General Meeting, Jun 30, 2023 Binary Helix Spólka Akcyjna, Annual General Meeting, Jun 30, 2023, at 11:00 Central European Standard Time. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to zł1.21, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 21x in the Communications industry in Europe. Total returns to shareholders of 168% over the past three years. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 24% share price gain to zł1.88, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 20x in the Communications industry in Europe. Total returns to shareholders of 269% over the past three years. Is New 90 Day High Low • Feb 20
New 90-day high: zł1.10 The company is up 214% from its price of zł0.35 on 20 November 2020. The Polish market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 4.0% over the same period. Is New 90 Day High Low • Jan 21
New 90-day high: zł0.62 The company is up 25% from its price of zł0.50 on 23 October 2020. The Polish market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 5.0% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: zł0.55 The company is up 11% from its price of zł0.50 on 06 October 2020. The Polish market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is flat over the same period. Is New 90 Day High Low • Nov 16
New 90-day low: zł0.41 The company is down 31% from its price of zł0.59 on 18 August 2020. The Polish market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period.