Bras (BSA) 주식 개요브라스는 폴란드에서 재생 가능한 자원으로 에너지를 생산합니다. 자세히 보기BSA 펀더멘털 분석스노우플레이크 점수가치 평가1/6미래 성장0/6과거 실적0/6재무 건전성0/6배당0/6위험 분석지난 5년간 매년 수익이 61.3% 감소했습니다.cash runway 경력이 1년 미만입니다.의미 있는 시가총액이 없습니다(PLN21M)의미 있는 수익이 없습니다(PLN5M)모든 위험 점검 보기BSA Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValuezłCurrent Pricezł0.2365.7% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-6m16m2016201920222025202620282031Revenue zł16.5mEarnings zł1.3mAdvancedSet Fair ValueView all narrativesBras S.A. 경쟁사ASM GroupSymbol: WSE:ASMMarket cap: zł21.5mGrempco Spólka AkcyjnaSymbol: WSE:GRMMarket cap: zł26.8mMentzenSymbol: WSE:XDDMarket cap: zł28.0mEuro-Tax.plSymbol: WSE:ETXMarket cap: zł13.9m가격 이력 및 성과Bras 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가zł0.2352주 최고가zł0.3252주 최저가zł0.12베타0.231개월 변동-3.33%3개월 변동-15.94%1년 변동10.48%3년 변동n/a5년 변동-52.46%IPO 이후 변동-99.66%최근 뉴스 및 업데이트분석 기사 • Feb 05Is Bras (WSE:BSA) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: zł0 (vs zł0.002 loss in 3Q 2024)Third quarter 2025 results: EPS: zł0 (improved from zł0.002 loss in 3Q 2024). Revenue: zł1.09m (down 47% from 3Q 2024). Net income: zł17.5k (up zł196.5k from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024).분석 기사 • Oct 02Bras (WSE:BSA) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Risk • Sep 16New major risk - Revenue and earnings growthEarnings have declined by 64% 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 Less than 1 year of cash runway based on free cash flow trend (-zł1.9m free cash flow). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (zł18.8m market cap, or US$5.26m). Minor Risk Revenue is less than US$5m (zł6.2m revenue, or US$1.7m).New Risk • May 19New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -zł2.9m 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 (-zł2.9m free cash flow). Earnings have declined by 61% per year over the past 5 years. Market cap is less than US$10m (zł19.5m market cap, or US$5.15m). Minor Risk Revenue is less than US$5m (zł7.4m revenue, or US$2.0m).Reported Earnings • May 19First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: zł1.06m (down 52% from 1Q 2024). Net income: zł104.7k (up zł463.7k from 1Q 2024). Profit margin: 9.9% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.더 많은 업데이트 보기Recent updates분석 기사 • Feb 05Is Bras (WSE:BSA) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: zł0 (vs zł0.002 loss in 3Q 2024)Third quarter 2025 results: EPS: zł0 (improved from zł0.002 loss in 3Q 2024). Revenue: zł1.09m (down 47% from 3Q 2024). Net income: zł17.5k (up zł196.5k from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024).분석 기사 • Oct 02Bras (WSE:BSA) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Risk • Sep 16New major risk - Revenue and earnings growthEarnings have declined by 64% 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 Less than 1 year of cash runway based on free cash flow trend (-zł1.9m free cash flow). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (zł18.8m market cap, or US$5.26m). Minor Risk Revenue is less than US$5m (zł6.2m revenue, or US$1.7m).New Risk • May 19New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -zł2.9m 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 (-zł2.9m free cash flow). Earnings have declined by 61% per year over the past 5 years. Market cap is less than US$10m (zł19.5m market cap, or US$5.15m). Minor Risk Revenue is less than US$5m (zł7.4m revenue, or US$2.0m).Reported Earnings • May 19First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: zł1.06m (down 52% from 1Q 2024). Net income: zł104.7k (up zł463.7k from 1Q 2024). Profit margin: 9.9% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 26Full year 2024 earnings released: zł0.007 loss per share (vs zł0.015 loss in FY 2023)Full year 2024 results: zł0.007 loss per share (improved from zł0.015 loss in FY 2023). Revenue: zł8.58m (down 26% from FY 2023). Net loss: zł601.4k (loss narrowed 56% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.분석 기사 • Mar 25Does Bras (WSE:BSA) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Dec 04Does Bras (WSE:BSA) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Aug 19Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: zł2.31m (up 202% from 2Q 2023). Net loss: zł226.0k (down zł251.1k from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.공시 • Jun 05Bras S.A., Annual General Meeting, Jun 26, 2024Bras S.A., Annual General Meeting, Jun 26, 2024.Reported Earnings • May 20First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: zł2.20m (up 91% from 1Q 2023). Net loss: zł359.0k (down 312% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.New Risk • Apr 16New major risk - Revenue and earnings growthEarnings have declined by 5.5% 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 Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 5.5% per year over the past 5 years. Market cap is less than US$10m (zł18.5m market cap, or US$4.56m). Minor Risk Revenue is less than US$5m (zł12m revenue, or US$2.9m).분석 기사 • Mar 28Is Bras (WSE:BSA) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...공시 • Feb 14Bras S.A. to Report Fiscal Year 2023 Results on Mar 20, 2024Bras S.A. announced that they will report fiscal year 2023 results on Mar 20, 2024분석 기사 • Feb 13Investor Optimism Abounds Bras S.A. (WSE:BSA) But Growth Is LackingWhen close to half the companies in Poland have price-to-earnings ratios (or "P/E's") below 12x, you may consider Bras...공시 • Feb 02+ 4 more updatesBras S.A. to Report Fiscal Year 2023 Results on May 28, 2024Bras S.A. announced that they will report fiscal year 2023 results on May 28, 2024New Risk • Dec 28New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (zł29.1m market cap, or US$7.45m). Minor Risk Revenue is less than US$5m (zł4.3m revenue, or US$1.1m).공시 • Oct 31Bras S.A. to Report Fiscal Year 2022 Results on Nov 20, 2023Bras S.A. announced that they will report fiscal year 2022 results on Nov 20, 2023공시 • May 31Bras S.A. to Report Fiscal Year 2022 Results on Jul 31, 2023Bras S.A. announced that they will report fiscal year 2022 results on Jul 31, 2023공시 • Feb 03+ 4 more updatesBras S.A. to Report Q1, 2022 Results on May 15, 2023Bras S.A. announced that they will report Q1, 2022 results on May 15, 2023공시 • Nov 05Bras S.A. to Report Fiscal Year 2021 Results on Dec 31, 2022Bras S.A. announced that they will report fiscal year 2021 results on Dec 31, 2022공시 • Aug 03Bras S.A. to Report Fiscal Year 2021 Final Results on Sep 30, 2022Bras S.A. announced that they will report fiscal year 2021 final results on Sep 30, 2022공시 • Jul 02Bras S.A. to Report Fiscal Year 2022 Results on Jul 31, 2022Bras S.A. announced that they will report fiscal year 2022 results on Jul 31, 2022Reported Earnings • May 20First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: zł838.5k (up 21% from 1Q 2021). Net income: zł8.7k (down 95% from 1Q 2021). Profit margin: 1.0% (down from 23% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • May 09Is Bras (WSE:BSA) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Feb 25Here's Why I Think Bras (WSE:BSA) Is An Interesting StockIt's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...Reported Earnings • Feb 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: zł0.005 (up from zł0.003 in FY 2020). Revenue: zł2.73m (up 13% from FY 2020). Net income: zł441.9k (up 148% from FY 2020). Profit margin: 16% (up from 7.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 99% per year, which means it is well ahead of earnings.공시 • Feb 02+ 4 more updatesBras S.A. to Report Fiscal Year 2021 Results on May 31, 2022Bras S.A. announced that they will report fiscal year 2021 results on May 31, 2022Buying Opportunity • Jan 17Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be zł0.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% per annum over the last 3 years. The company has become profitable over the last year.Reported Earnings • Nov 19Third quarter 2021 earnings releasedThe company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: zł662.6k (down 4.5% from 3Q 2020). Net income: zł47.7k (up zł276.5k from 3Q 2020). Profit margin: 7.2% (up from net loss in 3Q 2020). 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 135% per year, which means it is well ahead of earnings.분석 기사 • Oct 28Does Bras (WSE:BSA) Deserve A Spot On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Reported Earnings • Aug 19Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł661.1k (up 34% from 2Q 2020). Net income: zł108.6k (up zł139.9k from 2Q 2020). Profit margin: 16% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 158% per year, which means it is well ahead of earnings.분석 기사 • May 31Does Bras (WSE:BSA) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is New 90 Day High Low • Mar 02New 90-day high: zł0.81The company is up 216% from its price of zł0.26 on 02 December 2020. The Polish market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 20% over the same period.Reported Earnings • Feb 20Full year 2020 earnings released: EPS zł0.003 (vs zł0.004 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: zł2.46m (down 11% from FY 2019). Net income: zł177.2k (down 11% from FY 2019). Profit margin: 7.2% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 159% per year, which means it is well ahead of earnings.분석 기사 • Feb 14Bras (WSE:BSA) Seems To Use Debt Quite SensiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...공시 • Feb 04An unknown buyer acquired 9.89% stake in Bras S.A. (WSE:BSA).An unknown buyer acquired 9.89% stake in Bras S.A. (WSE:BSA) on February 1, 2021. An unknown buyer completed the acquisition of 9.89% stake in Bras S.A. (WSE:BSA) on February 1, 2021.Is New 90 Day High Low • Jan 29New 90-day high: zł0.48The company is up 79% from its price of zł0.27 on 30 October 2020. The Polish market is up 27% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 50% over the same period.공시 • Jan 14+ 4 more updatesBras S.A. to Report Fiscal Year 2021 Results on May 31, 2021Bras S.A. announced that they will report fiscal year 2021 results on May 31, 2021Is New 90 Day High Low • Jan 12New 90-day high: zł0.37The company is up 15% from its price of zł0.32 on 14 October 2020. The Polish market is up 19% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Professional Services industry, which is also up 15% over the same period.Is New 90 Day High Low • Nov 05New 90-day low: zł0.26The company is down 66% from its price of zł0.76 on 06 August 2020. The Polish market is down 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is down 32% over the same period.공시 • Jun 19Bras S.A. announced that it expects to receive PLN 7.6 million in fundingBras S.A. (WSE:BSA) announced a private placement of 38,000,000 series E1 shares at a par price of PLN 0.2 per share for gross proceeds of PLN 7,600,000 on June 10, 2020. Before the closing of the transaction, the share capital of the company is PLN 10,170,240 divided into 50,851,200 shares, which includes 446,890 series A1 shares of par value PLN 0.2 per share, 127,000 series B1 shares of par value of PLN 0.2 per share, 61,750 series C1 shares of par value of PLN 0.2 per share, and 50,215,560 series D1 shares of par value of PLN 0.2 per share. Post transaction, the share capital of the company will increase to PLN 17,770,240 divided into 88,851,200 shares, which will include 38,000,000 series E1 shares of par value of PLN 0.2 per share. The transaction has been approved by the supervisory board of the company, and is expected to close by June 24, 2020. On June 17, 2020, the management board of the company approved the transaction.주주 수익률BSAPL Professional ServicesPL 시장7D-2.9%0.1%1.4%1Y10.5%17.6%28.1%전체 주주 수익률 보기수익률 대 산업: BSA은 지난 1년 동안 17.6%의 수익을 기록한 Polish Professional Services 산업보다 저조한 성과를 냈습니다.수익률 대 시장: BSA은 지난 1년 동안 28.1%를 기록한 Polish 시장보다 저조한 성과를 냈습니다.주가 변동성Is BSA's price volatile compared to industry and market?BSA volatilityBSA Average Weekly Movement7.0%Professional Services Industry Average Movement5.7%Market Average Movement5.4%10% most volatile stocks in PL Market10.8%10% least volatile stocks in PL Market3.3%안정적인 주가: BSA는 지난 3개월 동안 Polish 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: BSA의 주간 변동성은 지난 1년간 15%에서 7%로 감소했습니다.회사 소개설립직원 수CEO웹사이트2001n/aWojciech Krzyzanowskibras.energy브라스는 폴란드에서 재생 가능한 자원으로 에너지를 생산합니다. 이 회사는 전기의 무역 및 유통에 종사합니다. 이 회사는 재생 에너지 프로젝트에도 투자합니다.더 보기Bras S.A. 기초 지표 요약Bras의 순이익과 매출은 시가총액과 어떻게 비교됩니까?BSA 기초 통계시가총액zł20.61m순이익 (TTM)-zł1.86m매출 (TTM)zł5.22m3.9x주가매출비율(P/S)-11.1x주가수익비율(P/E)BSA는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표BSA 손익계산서 (TTM)매출zł5.22m매출원가zł1.55m총이익zł3.68m기타 비용zł5.54m순이익-zł1.86m최근 보고된 실적Sep 30, 2025다음 실적 발표일Aug 10, 2026주당순이익(EPS)-0.021총이익률70.40%순이익률-35.66%부채/자본 비율146.0%BSA의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/29 14:41종가2026/05/29 00:00수익2025/09/30연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Bras S.A.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
분석 기사 • Feb 05Is Bras (WSE:BSA) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: zł0 (vs zł0.002 loss in 3Q 2024)Third quarter 2025 results: EPS: zł0 (improved from zł0.002 loss in 3Q 2024). Revenue: zł1.09m (down 47% from 3Q 2024). Net income: zł17.5k (up zł196.5k from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024).
분석 기사 • Oct 02Bras (WSE:BSA) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Sep 16New major risk - Revenue and earnings growthEarnings have declined by 64% 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 Less than 1 year of cash runway based on free cash flow trend (-zł1.9m free cash flow). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (zł18.8m market cap, or US$5.26m). Minor Risk Revenue is less than US$5m (zł6.2m revenue, or US$1.7m).
New Risk • May 19New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -zł2.9m 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 (-zł2.9m free cash flow). Earnings have declined by 61% per year over the past 5 years. Market cap is less than US$10m (zł19.5m market cap, or US$5.15m). Minor Risk Revenue is less than US$5m (zł7.4m revenue, or US$2.0m).
Reported Earnings • May 19First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: zł1.06m (down 52% from 1Q 2024). Net income: zł104.7k (up zł463.7k from 1Q 2024). Profit margin: 9.9% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
분석 기사 • Feb 05Is Bras (WSE:BSA) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: zł0 (vs zł0.002 loss in 3Q 2024)Third quarter 2025 results: EPS: zł0 (improved from zł0.002 loss in 3Q 2024). Revenue: zł1.09m (down 47% from 3Q 2024). Net income: zł17.5k (up zł196.5k from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024).
분석 기사 • Oct 02Bras (WSE:BSA) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Sep 16New major risk - Revenue and earnings growthEarnings have declined by 64% 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 Less than 1 year of cash runway based on free cash flow trend (-zł1.9m free cash flow). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (zł18.8m market cap, or US$5.26m). Minor Risk Revenue is less than US$5m (zł6.2m revenue, or US$1.7m).
New Risk • May 19New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -zł2.9m 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 (-zł2.9m free cash flow). Earnings have declined by 61% per year over the past 5 years. Market cap is less than US$10m (zł19.5m market cap, or US$5.15m). Minor Risk Revenue is less than US$5m (zł7.4m revenue, or US$2.0m).
Reported Earnings • May 19First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: zł1.06m (down 52% from 1Q 2024). Net income: zł104.7k (up zł463.7k from 1Q 2024). Profit margin: 9.9% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 26Full year 2024 earnings released: zł0.007 loss per share (vs zł0.015 loss in FY 2023)Full year 2024 results: zł0.007 loss per share (improved from zł0.015 loss in FY 2023). Revenue: zł8.58m (down 26% from FY 2023). Net loss: zł601.4k (loss narrowed 56% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
분석 기사 • Mar 25Does Bras (WSE:BSA) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Dec 04Does Bras (WSE:BSA) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Aug 19Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: zł2.31m (up 202% from 2Q 2023). Net loss: zł226.0k (down zł251.1k from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
공시 • Jun 05Bras S.A., Annual General Meeting, Jun 26, 2024Bras S.A., Annual General Meeting, Jun 26, 2024.
Reported Earnings • May 20First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: zł2.20m (up 91% from 1Q 2023). Net loss: zł359.0k (down 312% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.
New Risk • Apr 16New major risk - Revenue and earnings growthEarnings have declined by 5.5% 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 Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 5.5% per year over the past 5 years. Market cap is less than US$10m (zł18.5m market cap, or US$4.56m). Minor Risk Revenue is less than US$5m (zł12m revenue, or US$2.9m).
분석 기사 • Mar 28Is Bras (WSE:BSA) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
공시 • Feb 14Bras S.A. to Report Fiscal Year 2023 Results on Mar 20, 2024Bras S.A. announced that they will report fiscal year 2023 results on Mar 20, 2024
분석 기사 • Feb 13Investor Optimism Abounds Bras S.A. (WSE:BSA) But Growth Is LackingWhen close to half the companies in Poland have price-to-earnings ratios (or "P/E's") below 12x, you may consider Bras...
공시 • Feb 02+ 4 more updatesBras S.A. to Report Fiscal Year 2023 Results on May 28, 2024Bras S.A. announced that they will report fiscal year 2023 results on May 28, 2024
New Risk • Dec 28New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (zł29.1m market cap, or US$7.45m). Minor Risk Revenue is less than US$5m (zł4.3m revenue, or US$1.1m).
공시 • Oct 31Bras S.A. to Report Fiscal Year 2022 Results on Nov 20, 2023Bras S.A. announced that they will report fiscal year 2022 results on Nov 20, 2023
공시 • May 31Bras S.A. to Report Fiscal Year 2022 Results on Jul 31, 2023Bras S.A. announced that they will report fiscal year 2022 results on Jul 31, 2023
공시 • Feb 03+ 4 more updatesBras S.A. to Report Q1, 2022 Results on May 15, 2023Bras S.A. announced that they will report Q1, 2022 results on May 15, 2023
공시 • Nov 05Bras S.A. to Report Fiscal Year 2021 Results on Dec 31, 2022Bras S.A. announced that they will report fiscal year 2021 results on Dec 31, 2022
공시 • Aug 03Bras S.A. to Report Fiscal Year 2021 Final Results on Sep 30, 2022Bras S.A. announced that they will report fiscal year 2021 final results on Sep 30, 2022
공시 • Jul 02Bras S.A. to Report Fiscal Year 2022 Results on Jul 31, 2022Bras S.A. announced that they will report fiscal year 2022 results on Jul 31, 2022
Reported Earnings • May 20First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: zł838.5k (up 21% from 1Q 2021). Net income: zł8.7k (down 95% from 1Q 2021). Profit margin: 1.0% (down from 23% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • May 09Is Bras (WSE:BSA) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Feb 25Here's Why I Think Bras (WSE:BSA) Is An Interesting StockIt's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Reported Earnings • Feb 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: zł0.005 (up from zł0.003 in FY 2020). Revenue: zł2.73m (up 13% from FY 2020). Net income: zł441.9k (up 148% from FY 2020). Profit margin: 16% (up from 7.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 99% per year, which means it is well ahead of earnings.
공시 • Feb 02+ 4 more updatesBras S.A. to Report Fiscal Year 2021 Results on May 31, 2022Bras S.A. announced that they will report fiscal year 2021 results on May 31, 2022
Buying Opportunity • Jan 17Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be zł0.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% per annum over the last 3 years. The company has become profitable over the last year.
Reported Earnings • Nov 19Third quarter 2021 earnings releasedThe company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: zł662.6k (down 4.5% from 3Q 2020). Net income: zł47.7k (up zł276.5k from 3Q 2020). Profit margin: 7.2% (up from net loss in 3Q 2020). 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 135% per year, which means it is well ahead of earnings.
분석 기사 • Oct 28Does Bras (WSE:BSA) Deserve A Spot On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Reported Earnings • Aug 19Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł661.1k (up 34% from 2Q 2020). Net income: zł108.6k (up zł139.9k from 2Q 2020). Profit margin: 16% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 158% per year, which means it is well ahead of earnings.
분석 기사 • May 31Does Bras (WSE:BSA) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is New 90 Day High Low • Mar 02New 90-day high: zł0.81The company is up 216% from its price of zł0.26 on 02 December 2020. The Polish market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 20% over the same period.
Reported Earnings • Feb 20Full year 2020 earnings released: EPS zł0.003 (vs zł0.004 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: zł2.46m (down 11% from FY 2019). Net income: zł177.2k (down 11% from FY 2019). Profit margin: 7.2% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 159% per year, which means it is well ahead of earnings.
분석 기사 • Feb 14Bras (WSE:BSA) Seems To Use Debt Quite SensiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
공시 • Feb 04An unknown buyer acquired 9.89% stake in Bras S.A. (WSE:BSA).An unknown buyer acquired 9.89% stake in Bras S.A. (WSE:BSA) on February 1, 2021. An unknown buyer completed the acquisition of 9.89% stake in Bras S.A. (WSE:BSA) on February 1, 2021.
Is New 90 Day High Low • Jan 29New 90-day high: zł0.48The company is up 79% from its price of zł0.27 on 30 October 2020. The Polish market is up 27% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 50% over the same period.
공시 • Jan 14+ 4 more updatesBras S.A. to Report Fiscal Year 2021 Results on May 31, 2021Bras S.A. announced that they will report fiscal year 2021 results on May 31, 2021
Is New 90 Day High Low • Jan 12New 90-day high: zł0.37The company is up 15% from its price of zł0.32 on 14 October 2020. The Polish market is up 19% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Professional Services industry, which is also up 15% over the same period.
Is New 90 Day High Low • Nov 05New 90-day low: zł0.26The company is down 66% from its price of zł0.76 on 06 August 2020. The Polish market is down 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is down 32% over the same period.
공시 • Jun 19Bras S.A. announced that it expects to receive PLN 7.6 million in fundingBras S.A. (WSE:BSA) announced a private placement of 38,000,000 series E1 shares at a par price of PLN 0.2 per share for gross proceeds of PLN 7,600,000 on June 10, 2020. Before the closing of the transaction, the share capital of the company is PLN 10,170,240 divided into 50,851,200 shares, which includes 446,890 series A1 shares of par value PLN 0.2 per share, 127,000 series B1 shares of par value of PLN 0.2 per share, 61,750 series C1 shares of par value of PLN 0.2 per share, and 50,215,560 series D1 shares of par value of PLN 0.2 per share. Post transaction, the share capital of the company will increase to PLN 17,770,240 divided into 88,851,200 shares, which will include 38,000,000 series E1 shares of par value of PLN 0.2 per share. The transaction has been approved by the supervisory board of the company, and is expected to close by June 24, 2020. On June 17, 2020, the management board of the company approved the transaction.
