공고 • Nov 12
Govena Lighting S.A. to Report Q3, 2025 Results on Nov 14, 2025 Govena Lighting S.A. announced that they will report Q3, 2025 results on Nov 14, 2025 New Risk • Jun 03
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue has declined by 12% over the past year. Market cap is less than US$10m (zł7.23m market cap, or US$1.83m). Minor Risk Revenue is less than US$5m (zł6.6m revenue, or US$1.7m). New Risk • Dec 31
New major risk - Revenue and earnings growth Revenue has declined by 12% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Share price has been highly volatile over the past 3 months (15% average weekly change). Revenue has declined by 12% over the past year. Market cap is less than US$10m (zł10.8m market cap, or US$2.75m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Revenue is less than US$5m (zł6.6m revenue, or US$1.7m). New Risk • Aug 14
New major risk - Revenue and earnings growth Earnings have declined by 18% 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 18% per year over the past 5 years. Market cap is less than US$10m (zł10.6m market cap, or US$2.61m). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Revenue is less than US$5m (zł9.2m revenue, or US$2.3m). Reported Earnings • Aug 14
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: zł2.17m (up 103% from 2Q 2022). Net income: zł55.7k (down 86% from 2Q 2022). Profit margin: 2.6% (down from 38% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. New Risk • Jul 20
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 10.0% 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 (10.0% average weekly change). Market cap is less than US$10m (zł9.87m market cap, or US$2.47m). Minor Risk Revenue is less than US$5m (zł6.6m revenue, or US$1.6m). 공고 • Jun 13
Govena Lighting S.A., Annual General Meeting, Jul 06, 2023 Govena Lighting S.A., Annual General Meeting, Jul 06, 2023, at 08:30 Central European Standard Time. Reported Earnings • Jun 07
Full year 2022 earnings released Full year 2022 results: Revenue: zł6.56m (down 12% from FY 2021). Net loss: zł4.57m (down zł5.02m from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. 공고 • Jun 07
Govena Lighting S.A., Annual General Meeting, Jun 30, 2022 Govena Lighting S.A., Annual General Meeting, Jun 30, 2022, at 12:30 Central European Standard Time. 공고 • May 27
Govena Lighting S.A. to Report Fiscal Year 2021 Results on May 31, 2022 Govena Lighting S.A. announced that they will report fiscal year 2021 results on May 31, 2022 Reported Earnings • May 20
First quarter 2022 earnings released First quarter 2022 results: Revenue: zł959.7k (down 54% from 1Q 2021). Net loss: zł269.5k (down 227% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: zł0.002 (down from zł0.003 in FY 2020). Revenue: zł7.46m (up 7.5% from FY 2020). Net income: zł514.0k (down 32% from FY 2020). Profit margin: 6.9% (down from 11% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 21
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł2.10m (up 16% from 1Q 2020). Net income: zł212.0k (up 109% from 1Q 2020). Profit margin: 10% (up from 5.6% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.