공시 • May 28
Prochem S.A., Annual General Meeting, Jun 24, 2026 Prochem S.A., Annual General Meeting, Jun 24, 2026, at 15:00 Central European Standard Time. Reported Earnings • May 19
First quarter 2026 earnings released: zł0.81 loss per share (vs zł2.86 loss in 1Q 2025) First quarter 2026 results: zł0.81 loss per share (improved from zł2.86 loss in 1Q 2025). Revenue: zł36.1m (up 71% from 1Q 2025). Net loss: zł1.62m (loss narrowed 72% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 7% per year. Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: zł0.47 (vs zł2.07 loss in 3Q 2024) Third quarter 2025 results: EPS: zł0.47 (up from zł2.07 loss in 3Q 2024). Revenue: zł40.6m (up 12% from 3Q 2024). Net income: zł940.0k (up zł5.08m from 3Q 2024). Profit margin: 2.3% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. 공시 • Nov 13
Prochem S.A. to Report Q3, 2025 Results on Nov 14, 2025 Prochem S.A. announced that they will report Q3, 2025 results on Nov 14, 2025 New Risk • Sep 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -zł11m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-zł11m free cash flow). Earnings have declined by 70% per year over the past 5 years. Minor Risk Market cap is less than US$100m (zł40.3m market cap, or US$11.1m). Reported Earnings • Sep 28
Second quarter 2025 earnings released: zł2.62 loss per share (vs zł3.52 loss in 2Q 2024) Second quarter 2025 results: zł2.62 loss per share (improved from zł3.52 loss in 2Q 2024). Revenue: zł27.6m (down 31% from 2Q 2024). Net loss: zł5.25m (loss narrowed 26% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. 공시 • Aug 25
Prochem S.A. to Report First Half, 2025 Results on Sep 26, 2025 Prochem S.A. announced that they will report first half, 2025 results on Sep 26, 2025 New Risk • Aug 25
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 6.5% 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 Risk Earnings have declined by 70% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (zł44.7m market cap, or US$12.3m). New Risk • May 29
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 7.7% 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 Risk Earnings have declined by 70% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (zł45.7m market cap, or US$12.2m). Reported Earnings • May 19
First quarter 2025 earnings released: zł2.86 loss per share (vs zł1.20 loss in 1Q 2024) First quarter 2025 results: zł2.86 loss per share (further deteriorated from zł1.20 loss in 1Q 2024). Revenue: zł21.1m (down 54% from 1Q 2024). Net loss: zł5.74m (loss widened 139% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 18
Third quarter 2024 earnings released: zł2.07 loss per share (vs zł0.21 profit in 3Q 2023) Third quarter 2024 results: zł2.07 loss per share (down from zł0.21 profit in 3Q 2023). Revenue: zł36.3m (down 46% from 3Q 2023). Net loss: zł4.14m (down zł4.57m from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 01
Second quarter 2024 earnings released: zł3.52 loss per share (vs zł7.40 loss in 2Q 2023) Second quarter 2024 results: zł3.52 loss per share (improved from zł7.40 loss in 2Q 2023). Revenue: zł40.0m (down 67% from 2Q 2023). Net loss: zł7.05m (loss narrowed 53% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. Reported Earnings • May 19
First quarter 2024 earnings released: zł1.20 loss per share (vs zł0.084 profit in 1Q 2023) First quarter 2024 results: zł1.20 loss per share (down from zł0.084 profit in 1Q 2023). Revenue: zł45.3m (down 25% from 1Q 2023). Net loss: zł2.41m (down zł2.57m from profit in 1Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Construction industry in Poland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance. New Risk • Mar 29
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 9.2% 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 (9.2% average weekly change). Earnings have declined by 35% per year over the past 5 years. Minor Risk Market cap is less than US$100m (zł65.8m market cap, or US$16.5m). Buy Or Sell Opportunity • Feb 27
Now 24% undervalued Over the last 90 days, the stock has risen 33% to zł40.00. The fair value is estimated to be zł52.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Oct 05
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: zł120.5m (up 165% from 2Q 2022). Net loss: zł14.8m (loss widened zł13.1m from 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.6% growth forecast for the Construction industry in Poland. 공시 • May 16
Prochem S.A., Annual General Meeting, Jun 14, 2023 Prochem S.A., Annual General Meeting, Jun 14, 2023, at 15:00 Central European Standard Time. Reported Earnings • Sep 29
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: zł45.5m (down 16% from 2Q 2021). Net loss: zł1.78m (down 256% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 16% share price gain to zł38.80, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 9x in the Construction industry in Poland. Total returns to shareholders of 147% over the past three years. 공시 • Jun 01
Prochem S.A., Annual General Meeting, Jun 27, 2022 Prochem S.A., Annual General Meeting, Jun 27, 2022, at 15:00 Central European Standard Time. 공시 • Apr 07
WOOD & Company Real Estate Fund, managed by Wood & Company acquired Astrum Business Park from Prochem S.A. (WSE:PRM). WOOD & Company Real Estate Fund, managed by Wood & Company acquired Astrum Business Park from Prochem S.A. (WSE:PRM) on April 5, 2022. Colliers, Duch / Lisicki & Partners and Deloitte assisted to Prochem S.A. (WSE:PRM) and Dentons UK and Middle East LLP acted as legal advisor to Wood & Company.
WOOD & Company Real Estate Fund, managed by Wood & Company completed the acquisition of Astrum Business Park from Prochem S.A. (WSE:PRM) on April 5, 2022. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 15% share price decline to zł23.00, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 9x in the Construction industry in Poland. Total returns to shareholders of 53% over the past three years. Reported Earnings • Nov 18
Third quarter 2021 earnings released The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: zł59.3m (down 21% from 3Q 2020). Net income: zł94.0k (down 92% from 3Q 2020). Profit margin: 0.2% (down from 1.6% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 28
Second quarter 2021 earnings released The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł54.1m (down 27% from 2Q 2020). Net income: zł1.14m (down 63% from 2Q 2020). Profit margin: 2.1% (down from 4.2% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 01
Investor sentiment improved over the past week After last week's 19% share price gain to zł23.00, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 9x in the Construction industry in Poland. Total returns to shareholders of 47% over the past three years. Is New 90 Day High Low • Jan 29
New 90-day low: zł17.20 The company is down 3.0% from its price of zł17.80 on 30 October 2020. The Polish market is up 27% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 47% over the same period. Is New 90 Day High Low • Jan 08
New 90-day high: zł19.10 The company is up 5.0% from its price of zł18.20 on 09 October 2020. The Polish market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 30% over the same period. Reported Earnings • Sep 27
First half earnings released Over the last 12 months the company has reported total profits of zł8.08m, up 36% from the prior year. Total revenue was zł391.1m over the last 12 months, up 94% from the prior year.