New Risk • May 06
New major risk - Revenue and earnings growth Earnings have declined by 2.3% 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 2.3% per year over the past 5 years. Revenue is less than US$1m (€124k revenue, or US$146k). Market cap is less than US$10m (zł10.8m market cap, or US$3.01m). New Risk • Dec 04
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 6.7% 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 Risks Revenue is less than US$1m (€206k revenue, or US$240k). Market cap is less than US$10m (zł12.6m market cap, or US$3.47m). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). 공고 • Dec 01
Atlantis SE, Annual General Meeting, Dec 19, 2025 Atlantis SE, Annual General Meeting, Dec 19, 2025, at 12:00 Central European Standard Time. 공고 • Aug 27
Atlantis SE to Report Fiscal Year 2025 Results on Sep 30, 2025 Atlantis SE announced that they will report fiscal year 2025 results on Sep 30, 2025 New Risk • Feb 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: zł32.7m (US$8.24m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (€332k revenue, or US$349k). Market cap is less than US$10m (zł32.7m market cap, or US$8.24m). 공고 • Nov 12
Atlantis SE, Annual General Meeting, Dec 02, 2024 Atlantis SE, Annual General Meeting, Dec 02, 2024. New Risk • Nov 10
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: 17% Last year net profit margin: 92% 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 (€342k revenue, or US$367k). Market cap is less than US$10m (zł27.0m market cap, or US$6.70m). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (17% net profit margin). Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to zł3.00, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 8x in the Diversified Financial industry in Poland. Total loss to shareholders of 97% over the past three years. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to zł2.83, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 7x in the Diversified Financial industry in Poland. Total loss to shareholders of 96% over the past three years. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to zł2.61, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 5x in the Diversified Financial industry in Poland. Total loss to shareholders of 98% over the past three years. 공고 • Mar 15
Atlantis SE, Annual General Meeting, Apr 03, 2024 Atlantis SE, Annual General Meeting, Apr 03, 2024, at 14:00 Central European Standard Time. New Risk • Feb 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: zł38.6m (US$9.54m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Revenue is less than US$1m (€442k revenue, or US$473k). Market cap is less than US$10m (zł38.6m market cap, or US$9.54m). New Risk • Nov 23
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 7.5% 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 Revenue is less than US$1m (€442k revenue, or US$482k). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (zł147.5m market cap, or US$36.8m). New Risk • Jun 23
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: 83% Last year net profit margin: 119% 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 Shares are highly illiquid. Revenue is less than US$1m (€422k revenue, or US$462k). Minor Risks Profit margins are more than 30% lower than last year (83% net profit margin). Market cap is less than US$100m (zł290.3m market cap, or US$71.7m). 공고 • May 26
Atlantis SE, Annual General Meeting, Jun 21, 2023 Atlantis SE, Annual General Meeting, Jun 21, 2023, at 14:00 Central European Standard Time. Reported Earnings • Nov 30
First quarter 2022 earnings: Revenues in line with analyst expectations First quarter 2022 results: Revenue: €25.0k (up 47% from 1Q 2021). Net loss: €1.0k (down 109% from profit in 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 24 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 12
Full year 2021 earnings released: EPS €0.001 (vs €1.64 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: €76.0k (down 82% from FY 2020). Net income: €51.0k (up €1.92m from FY 2020). Profit margin: 67% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Reported Earnings • May 04
Third quarter 2021 earnings released: EPS €0.014 Third quarter 2021 results: Net income: €16.0k (up €849.0k from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 17
New 90-day low: zł0.36 The company is down 50% from its price of zł0.72 on 19 November 2020. The Polish market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 8.0% over the same period. Is New 90 Day High Low • Jan 27
New 90-day low: zł0.64 The company is down 2.0% from its price of zł0.65 on 29 October 2020. The Polish market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 6.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: zł0.85 The company is up 24% from its price of zł0.69 on 09 October 2020. The Polish market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 14% over the same period. Is New 90 Day High Low • Nov 16
New 90-day high: zł0.71 The company is up 2.0% from its price of zł0.70 on 17 August 2020. The Polish market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 19% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: zł0.65 The company is down 2.0% from its price of zł0.66 on 30 July 2020. The Polish market is down 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 14% over the same period.