View DividendThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsBrand 24 경영진경영진 기준 점검 0/4현재 CEO에 대한 정보가 충분하지 않습니다.핵심 정보Michal Sadowski최고경영자n/a총 보수CEO 급여 비율n/aCEO 재임 기간no dataCEO 지분 보유율n/a경영진 평균 재임 기간데이터 없음이사회 평균 재임 기간1yr최근 경영진 업데이트공시 • May 31Brand 24 S.A., Annual General Meeting, Jun 26, 2024Brand 24 S.A., Annual General Meeting, Jun 26, 2024.공시 • Jun 04Brand 24 S.A., Annual General Meeting, Jun 30, 2023Brand 24 S.A., Annual General Meeting, Jun 30, 2023, at 09:00 Central European Standard Time.모든 업데이트 보기Recent updatesReported Earnings • Nov 02Third quarter 2025 earnings released: EPS: zł0.27 (vs zł0.40 in 3Q 2024)Third quarter 2025 results: EPS: zł0.27 (down from zł0.40 in 3Q 2024). Revenue: zł10.8m (up 20% from 3Q 2024). Net income: zł592.0k (down 34% from 3Q 2024). Profit margin: 5.5% (down from 9.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.Reported Earnings • Oct 05Second quarter 2025 earnings released: EPS: zł0.25 (vs zł1.10 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.25 (up from zł1.10 loss in 2Q 2024). Revenue: zł9.90m (up 17% from 2Q 2024). Net income: zł566.0k (up zł3.02m from 2Q 2024). Profit margin: 5.7% (up from net loss in 2Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.공시 • Aug 25Brand 24 S.A. to Report First Half, 2025 Results on Sep 30, 2025Brand 24 S.A. announced that they will report first half, 2025 results on Sep 30, 2025Reported Earnings • Apr 04Full year 2024 earnings released: EPS: zł0.34 (vs zł1.59 in FY 2023)Full year 2024 results: EPS: zł0.34 (down from zł1.59 in FY 2023). Revenue: zł35.3m (up 27% from FY 2023). Net income: zł764.4k (down 78% from FY 2023). Profit margin: 2.2% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Dec 01Third quarter 2024 earnings released: EPS: zł0.40 (vs zł0.39 in 3Q 2023)Third quarter 2024 results: EPS: zł0.40 (up from zł0.39 in 3Q 2023). Revenue: zł9.04m (up 29% from 3Q 2023). Net income: zł892.2k (up 4.4% from 3Q 2023). Profit margin: 9.9% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 30% per year.Reported Earnings • Oct 01Second quarter 2024 earnings released: zł1.10 loss per share (vs zł0.83 profit in 2Q 2023)Second quarter 2024 results: zł1.10 loss per share (down from zł0.83 profit in 2Q 2023). Revenue: zł8.44m (up 26% from 2Q 2023). Net loss: zł2.46m (down 234% from profit in 2Q 2023). 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 21% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 04First quarter 2024 earnings released: EPS: zł0.52 (vs zł0.45 in 1Q 2023)First quarter 2024 results: EPS: zł0.52 (up from zł0.45 in 1Q 2023). Revenue: zł7.88m (up 24% from 1Q 2023). Net income: zł1.16m (up 17% from 1Q 2023). Profit margin: 15% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공시 • May 31Brand 24 S.A., Annual General Meeting, Jun 26, 2024Brand 24 S.A., Annual General Meeting, Jun 26, 2024.Reported Earnings • Apr 09Full year 2023 earnings released: EPS: zł1.59 (vs zł0.70 in FY 2022)Full year 2023 results: EPS: zł1.59 (up from zł0.70 in FY 2022). Revenue: zł27.7m (up 25% from FY 2022). Net income: zł3.51m (up 127% from FY 2022). Profit margin: 13% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공시 • Apr 03Brand 24 S.A. to Report Fiscal Year 2023 Final Results on Apr 04, 2024Brand 24 S.A. announced that they will report fiscal year 2023 final results on Apr 04, 2024공시 • Feb 03Brand 24 S.A. to Report Q3, 2024 Results on Nov 29, 2024Brand 24 S.A. announced that they will report Q3, 2024 results on Nov 29, 2024공시 • Feb 02+ 1 more updateBrand 24 S.A. to Report Q1, 2024 Results on May 31, 2024Brand 24 S.A. announced that they will report Q1, 2024 results on May 31, 2024분석 기사 • Jan 20Brand 24 S.A.'s (WSE:B24) Share Price Could Signal Some RiskBrand 24 S.A.'s ( WSE:B24 ) price-to-earnings (or "P/E") ratio of 23.6x might make it look like a strong sell right now...Reported Earnings • Nov 26Third quarter 2023 earnings released: EPS: zł0.39 (vs zł0.17 in 3Q 2022)Third quarter 2023 results: EPS: zł0.39 (up from zł0.17 in 3Q 2022). Revenue: zł7.02m (up 21% from 3Q 2022). Net income: zł855.0k (up 124% from 3Q 2022). Profit margin: 12% (up from 6.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.New Risk • Oct 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Market cap is less than US$100m (zł78.8m market cap, or US$18.0m).Reported Earnings • Oct 01Second quarter 2023 earnings released: EPS: zł0.83 (vs zł0.20 in 2Q 2022)Second quarter 2023 results: EPS: zł0.83 (up from zł0.20 in 2Q 2022). Revenue: zł6.69m (up 25% from 2Q 2022). Net income: zł1.83m (up 309% from 2Q 2022). Profit margin: 27% (up from 8.4% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to zł35.50, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 23x in the Software industry in Poland. Total returns to shareholders of 12% over the past three years.공시 • Jun 04Brand 24 S.A., Annual General Meeting, Jun 30, 2023Brand 24 S.A., Annual General Meeting, Jun 30, 2023, at 09:00 Central European Standard Time.분석 기사 • May 24Estimating The Fair Value Of Brand 24 S.A. (WSE:B24)Key Insights Using the 2 Stage Free Cash Flow to Equity, Brand 24 fair value estimate is zł30.12 Current share price of...분석 기사 • Apr 12Brand 24 S.A.'s (WSE:B24) Share Price Not Quite Adding UpBrand 24 S.A.'s ( WSE:B24 ) price-to-earnings (or "P/E") ratio of 42.8x might make it look like a strong sell right now...Reported Earnings • Mar 30Full year 2022 earnings released: EPS: zł0.70 (vs zł0.12 in FY 2021)Full year 2022 results: EPS: zł0.70 (up from zł0.12 in FY 2021). Revenue: zł22.2m (up 40% from FY 2021). Net income: zł1.55m (up 486% from FY 2021). Profit margin: 7.0% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • Feb 03+ 2 more updatesBrand 24 S.A. to Report First Half, 2023 Results on Oct 02, 2023Brand 24 S.A. announced that they will report first half, 2023 results on Oct 02, 2023Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: zł0.17 (vs zł0.097 in 3Q 2021)Third quarter 2022 results: EPS: zł0.17 (up from zł0.097 in 3Q 2021). Revenue: zł5.81m (up 45% from 3Q 2021). Net income: zł381.5k (up 83% from 3Q 2021). Profit margin: 6.6% (up from 5.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to zł22.50, the stock trades at a trailing P/E ratio of 48.5x. Average trailing P/E is 17x in the Software industry in Poland. Total loss to shareholders of 17% over the past three years.Reported Earnings • Oct 02Second quarter 2022 earnings released: EPS: zł0.21 (vs zł0.057 in 2Q 2021)Second quarter 2022 results: EPS: zł0.21 (up from zł0.057 in 2Q 2021). Revenue: zł5.36m (up 41% from 2Q 2021). Net income: zł448.0k (up 267% from 2Q 2021). Profit margin: 8.4% (up from 3.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 24Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: zł0.10 (up from zł0.035 loss in 3Q 2020). Revenue: zł4.01m (up 21% from 3Q 2020). Net income: zł208.5k (up zł283.3k from 3Q 2020). Profit margin: 5.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 03Second quarter 2021 earnings released: EPS zł0.053 (vs zł0.072 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł3.82m (up 15% from 2Q 2020). Net income: zł122.1k (up zł269.0k from 2Q 2020). Profit margin: 3.2% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Reported Earnings • May 27First quarter 2021 earnings released: EPS zł0.02 (vs zł0.21 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł3.54m (up 9.5% from 1Q 2020). Net income: zł34.7k (up zł462.9k from 1Q 2020). Profit margin: 1.0% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.공시 • May 13+ 1 more updateAn unknown buyer acquired 28.93% stake in Brand 24 S.A. (WSE:B24) from funds managed by Ipopema Towarzystwo Funduszy Inwestycyjnych S.A.An unknown buyer acquired 28.93% stake in Brand 24 S.A. (WSE:B24) from funds managed by Ipopema Towarzystwo Funduszy Inwestycyjnych S.A. on May 11, 2021. An unknown buyer completed the acquisition of 28.93% stake in Brand 24 S.A. (WSE:B24) from funds managed by Ipopema Towarzystwo Funduszy Inwestycyjnych S.A. on May 11, 2021.Reported Earnings • Mar 28Full year 2020 earnings released: zł0.64 loss per share (vs zł0.50 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: zł13.4m (down 15% from FY 2019). Net loss: zł1.35m (loss widened 35% from FY 2019). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 04New 90-day high: zł29.20The company is up 36% from its price of zł21.40 on 06 November 2020. The Polish market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 8.0% over the same period.공시 • Jan 30+ 3 more updatesBrand 24 S.A. to Report Q1, 2021 Results on May 17, 2021Brand 24 S.A. announced that they will report Q1, 2021 results on May 17, 2021Is New 90 Day High Low • Jan 15New 90-day high: zł26.90The company is up 13% from its price of zł23.90 on 16 October 2020. The Polish market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 2.0% over the same period.Is New 90 Day High Low • Dec 22New 90-day low: zł20.50The company is down 27% from its price of zł28.00 on 23 September 2020. The Polish market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period.Is New 90 Day High Low • Dec 01New 90-day low: zł20.60The company is down 29% from its price of zł29.00 on 02 September 2020. The Polish market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period.Is New 90 Day High Low • Oct 16New 90-day low: zł23.90The company is down 41% from its price of zł40.30 on 17 July 2020. The Polish market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 4.0% over the same period.Is New 90 Day High Low • Sep 26New 90-day low: zł25.50The company is down 25% from its price of zł34.00 on 26 June 2020. The Polish market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 11% over the same period.CEOMichal Sadowski no data재임 기간Mr. Michal Sadowski is Founder, Chief Executive Officer and President of the Management Board at Brand24 S.A.이사회 구성원이름직위재임 기간보수지분Eugene LevinChairman of Supervisory Board1yr데이터 없음데이터 없음Jakub KurzynogaMember of the Supervisory Board6.6yrs데이터 없음데이터 없음Karol WnukiewiczMember of Supervisory Boardno data데이터 없음데이터 없음Brian MulroyMember of Supervisory Board1yr데이터 없음데이터 없음David MansonMember of Supervisory Board1yr데이터 없음데이터 없음더 보기1.0yrs평균 재임 기간경험이 풍부한 이사회: B24의 이사회는 경험이 부족한 것으로 간주됩니다(평균 재임 1 년) — 신규 이사회일 가능성이 있습니다.View Ownership기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/05 03:44종가2026/02/05 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 소스Brand 24 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.
공시 • May 31Brand 24 S.A., Annual General Meeting, Jun 26, 2024Brand 24 S.A., Annual General Meeting, Jun 26, 2024.
공시 • Jun 04Brand 24 S.A., Annual General Meeting, Jun 30, 2023Brand 24 S.A., Annual General Meeting, Jun 30, 2023, at 09:00 Central European Standard Time.
Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: zł0.27 (vs zł0.40 in 3Q 2024)Third quarter 2025 results: EPS: zł0.27 (down from zł0.40 in 3Q 2024). Revenue: zł10.8m (up 20% from 3Q 2024). Net income: zł592.0k (down 34% from 3Q 2024). Profit margin: 5.5% (down from 9.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 05Second quarter 2025 earnings released: EPS: zł0.25 (vs zł1.10 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.25 (up from zł1.10 loss in 2Q 2024). Revenue: zł9.90m (up 17% from 2Q 2024). Net income: zł566.0k (up zł3.02m from 2Q 2024). Profit margin: 5.7% (up from net loss in 2Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.
공시 • Aug 25Brand 24 S.A. to Report First Half, 2025 Results on Sep 30, 2025Brand 24 S.A. announced that they will report first half, 2025 results on Sep 30, 2025
Reported Earnings • Apr 04Full year 2024 earnings released: EPS: zł0.34 (vs zł1.59 in FY 2023)Full year 2024 results: EPS: zł0.34 (down from zł1.59 in FY 2023). Revenue: zł35.3m (up 27% from FY 2023). Net income: zł764.4k (down 78% from FY 2023). Profit margin: 2.2% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Dec 01Third quarter 2024 earnings released: EPS: zł0.40 (vs zł0.39 in 3Q 2023)Third quarter 2024 results: EPS: zł0.40 (up from zł0.39 in 3Q 2023). Revenue: zł9.04m (up 29% from 3Q 2023). Net income: zł892.2k (up 4.4% from 3Q 2023). Profit margin: 9.9% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 30% per year.
Reported Earnings • Oct 01Second quarter 2024 earnings released: zł1.10 loss per share (vs zł0.83 profit in 2Q 2023)Second quarter 2024 results: zł1.10 loss per share (down from zł0.83 profit in 2Q 2023). Revenue: zł8.44m (up 26% from 2Q 2023). Net loss: zł2.46m (down 234% from profit in 2Q 2023). 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 21% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 04First quarter 2024 earnings released: EPS: zł0.52 (vs zł0.45 in 1Q 2023)First quarter 2024 results: EPS: zł0.52 (up from zł0.45 in 1Q 2023). Revenue: zł7.88m (up 24% from 1Q 2023). Net income: zł1.16m (up 17% from 1Q 2023). Profit margin: 15% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공시 • May 31Brand 24 S.A., Annual General Meeting, Jun 26, 2024Brand 24 S.A., Annual General Meeting, Jun 26, 2024.
Reported Earnings • Apr 09Full year 2023 earnings released: EPS: zł1.59 (vs zł0.70 in FY 2022)Full year 2023 results: EPS: zł1.59 (up from zł0.70 in FY 2022). Revenue: zł27.7m (up 25% from FY 2022). Net income: zł3.51m (up 127% from FY 2022). Profit margin: 13% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공시 • Apr 03Brand 24 S.A. to Report Fiscal Year 2023 Final Results on Apr 04, 2024Brand 24 S.A. announced that they will report fiscal year 2023 final results on Apr 04, 2024
공시 • Feb 03Brand 24 S.A. to Report Q3, 2024 Results on Nov 29, 2024Brand 24 S.A. announced that they will report Q3, 2024 results on Nov 29, 2024
공시 • Feb 02+ 1 more updateBrand 24 S.A. to Report Q1, 2024 Results on May 31, 2024Brand 24 S.A. announced that they will report Q1, 2024 results on May 31, 2024
분석 기사 • Jan 20Brand 24 S.A.'s (WSE:B24) Share Price Could Signal Some RiskBrand 24 S.A.'s ( WSE:B24 ) price-to-earnings (or "P/E") ratio of 23.6x might make it look like a strong sell right now...
Reported Earnings • Nov 26Third quarter 2023 earnings released: EPS: zł0.39 (vs zł0.17 in 3Q 2022)Third quarter 2023 results: EPS: zł0.39 (up from zł0.17 in 3Q 2022). Revenue: zł7.02m (up 21% from 3Q 2022). Net income: zł855.0k (up 124% from 3Q 2022). Profit margin: 12% (up from 6.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Market cap is less than US$100m (zł78.8m market cap, or US$18.0m).
Reported Earnings • Oct 01Second quarter 2023 earnings released: EPS: zł0.83 (vs zł0.20 in 2Q 2022)Second quarter 2023 results: EPS: zł0.83 (up from zł0.20 in 2Q 2022). Revenue: zł6.69m (up 25% from 2Q 2022). Net income: zł1.83m (up 309% from 2Q 2022). Profit margin: 27% (up from 8.4% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to zł35.50, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 23x in the Software industry in Poland. Total returns to shareholders of 12% over the past three years.
공시 • Jun 04Brand 24 S.A., Annual General Meeting, Jun 30, 2023Brand 24 S.A., Annual General Meeting, Jun 30, 2023, at 09:00 Central European Standard Time.
분석 기사 • May 24Estimating The Fair Value Of Brand 24 S.A. (WSE:B24)Key Insights Using the 2 Stage Free Cash Flow to Equity, Brand 24 fair value estimate is zł30.12 Current share price of...
분석 기사 • Apr 12Brand 24 S.A.'s (WSE:B24) Share Price Not Quite Adding UpBrand 24 S.A.'s ( WSE:B24 ) price-to-earnings (or "P/E") ratio of 42.8x might make it look like a strong sell right now...
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: zł0.70 (vs zł0.12 in FY 2021)Full year 2022 results: EPS: zł0.70 (up from zł0.12 in FY 2021). Revenue: zł22.2m (up 40% from FY 2021). Net income: zł1.55m (up 486% from FY 2021). Profit margin: 7.0% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • Feb 03+ 2 more updatesBrand 24 S.A. to Report First Half, 2023 Results on Oct 02, 2023Brand 24 S.A. announced that they will report first half, 2023 results on Oct 02, 2023
Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: zł0.17 (vs zł0.097 in 3Q 2021)Third quarter 2022 results: EPS: zł0.17 (up from zł0.097 in 3Q 2021). Revenue: zł5.81m (up 45% from 3Q 2021). Net income: zł381.5k (up 83% from 3Q 2021). Profit margin: 6.6% (up from 5.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to zł22.50, the stock trades at a trailing P/E ratio of 48.5x. Average trailing P/E is 17x in the Software industry in Poland. Total loss to shareholders of 17% over the past three years.
Reported Earnings • Oct 02Second quarter 2022 earnings released: EPS: zł0.21 (vs zł0.057 in 2Q 2021)Second quarter 2022 results: EPS: zł0.21 (up from zł0.057 in 2Q 2021). Revenue: zł5.36m (up 41% from 2Q 2021). Net income: zł448.0k (up 267% from 2Q 2021). Profit margin: 8.4% (up from 3.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 24Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: zł0.10 (up from zł0.035 loss in 3Q 2020). Revenue: zł4.01m (up 21% from 3Q 2020). Net income: zł208.5k (up zł283.3k from 3Q 2020). Profit margin: 5.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 03Second quarter 2021 earnings released: EPS zł0.053 (vs zł0.072 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł3.82m (up 15% from 2Q 2020). Net income: zł122.1k (up zł269.0k from 2Q 2020). Profit margin: 3.2% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Reported Earnings • May 27First quarter 2021 earnings released: EPS zł0.02 (vs zł0.21 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł3.54m (up 9.5% from 1Q 2020). Net income: zł34.7k (up zł462.9k from 1Q 2020). Profit margin: 1.0% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
공시 • May 13+ 1 more updateAn unknown buyer acquired 28.93% stake in Brand 24 S.A. (WSE:B24) from funds managed by Ipopema Towarzystwo Funduszy Inwestycyjnych S.A.An unknown buyer acquired 28.93% stake in Brand 24 S.A. (WSE:B24) from funds managed by Ipopema Towarzystwo Funduszy Inwestycyjnych S.A. on May 11, 2021. An unknown buyer completed the acquisition of 28.93% stake in Brand 24 S.A. (WSE:B24) from funds managed by Ipopema Towarzystwo Funduszy Inwestycyjnych S.A. on May 11, 2021.
Reported Earnings • Mar 28Full year 2020 earnings released: zł0.64 loss per share (vs zł0.50 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: zł13.4m (down 15% from FY 2019). Net loss: zł1.35m (loss widened 35% from FY 2019). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 04New 90-day high: zł29.20The company is up 36% from its price of zł21.40 on 06 November 2020. The Polish market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 8.0% over the same period.
공시 • Jan 30+ 3 more updatesBrand 24 S.A. to Report Q1, 2021 Results on May 17, 2021Brand 24 S.A. announced that they will report Q1, 2021 results on May 17, 2021
Is New 90 Day High Low • Jan 15New 90-day high: zł26.90The company is up 13% from its price of zł23.90 on 16 October 2020. The Polish market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Dec 22New 90-day low: zł20.50The company is down 27% from its price of zł28.00 on 23 September 2020. The Polish market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Dec 01New 90-day low: zł20.60The company is down 29% from its price of zł29.00 on 02 September 2020. The Polish market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Oct 16New 90-day low: zł23.90The company is down 41% from its price of zł40.30 on 17 July 2020. The Polish market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 4.0% over the same period.
Is New 90 Day High Low • Sep 26New 90-day low: zł25.50The company is down 25% from its price of zł34.00 on 26 June 2020. The Polish market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 11% over the same period.