공시 • Feb 10
M4B S.A. to Report Q4, 2025 Results on Feb 13, 2026 M4B S.A. announced that they will report Q4, 2025 results on Feb 13, 2026 공시 • Nov 12
M4B S.A. to Report Q3, 2025 Results on Nov 14, 2025 M4B S.A. announced that they will report Q3, 2025 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to zł9.95, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 22x in the Software industry in Poland. Total loss to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to zł9.40, the stock trades at a trailing P/E ratio of 76x. Average trailing P/E is 17x in the Software industry in Poland. Total loss to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to zł5.50, the stock trades at a trailing P/E ratio of 44.5x. Average trailing P/E is 18x in the Software industry in Poland. Total loss to shareholders of 71% over the past three years. 공시 • Jun 05
M4B S.A., Annual General Meeting, Jun 28, 2024 M4B S.A., Annual General Meeting, Jun 28, 2024. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: zł0.064 (vs zł0.069 in FY 2022) Full year 2023 results: EPS: zł0.064 (down from zł0.069 in FY 2022). Revenue: zł50.1m (up 18% from FY 2022). Net income: zł475.9k (down 6.7% from FY 2022). Profit margin: 1.0% (down from 1.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. New Risk • Nov 17
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.9x 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 (0.9x net interest cover). Shares are highly illiquid. Earnings have declined by 44% per year over the past 5 years. Minor Risk Market cap is less than US$100m (zł170.6m market cap, or US$42.4m). Reported Earnings • Aug 16
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: zł11.4m (up 3.0% from 2Q 2022). Net income: zł53.9k (down 94% from 2Q 2022). Profit margin: 0.5% (down from 7.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • Jul 21
First quarter 2023 earnings released: EPS: zł0.049 (vs zł0.19 loss in 1Q 2022) First quarter 2023 results: EPS: zł0.049 (up from zł0.19 loss in 1Q 2022). Revenue: zł10.4m (up 25% from 1Q 2022). Net income: zł360.3k (up zł1.78m from 1Q 2022). Profit margin: 3.5% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to zł15.00, the stock trades at a trailing P/E ratio of 39.5x. Average trailing P/E is 21x in the Software industry in Poland. Total returns to shareholders of 7.8% over the past three years. 공시 • Jun 04
M4B S.A., Annual General Meeting, Jun 30, 2023 M4B S.A., Annual General Meeting, Jun 30, 2023, at 14:00 Central European Standard Time. Upcoming Dividend • Oct 06
Upcoming dividend of zł0.20 per share Eligible shareholders must have bought the stock before 13 October 2022. Payment date: 14 December 2022. Trailing yield: 1.3%. Lower than top quartile of Polish dividend payers (9.3%). Lower than average of industry peers (4.3%). Valuation Update With 7 Day Price Move • May 27
Investor sentiment deteriorated over the past week After last week's 26% share price decline to zł16.70, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 17x in the Software industry in Poland. Total returns to shareholders of 4.6% over the past three years. Reported Earnings • May 20
First quarter 2022 earnings released First quarter 2022 results: Revenue: zł8.36m (up 44% from 1Q 2021). Net loss: zł1.40m (down zł1.59m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 02
Investor sentiment improved over the past week After last week's 18% share price gain to zł23.20, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 20x in the Software industry in Poland. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment deteriorated over the past week After last week's 17% share price decline to zł20.00, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 18x in the Software industry in Poland. Total returns to shareholders of 11% over the past three years. Reported Earnings • Feb 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: zł0.69 (up from zł0.32 loss in FY 2020). Revenue: zł35.6m (up 71% from FY 2020). Net income: zł5.10m (up zł7.45m from FY 2020). Profit margin: 14% (up from net loss in FY 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 fallen by 41% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improved over the past week After last week's 23% share price gain to zł24.60, the stock trades at a trailing P/E ratio of 71.1x. Average trailing P/E is 17x in the Software industry in Poland. Total returns to shareholders of 7.9% over the past three years. Reported Earnings • Aug 21
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł8.89m (up 145% from 2Q 2020). Net income: zł4.27m (up zł4.25m from 2Q 2020). Profit margin: 48% (up from 0.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Reported Earnings • Feb 17
Full year 2020 earnings released: EPS zł0.024 (vs zł0.89 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: zł20.7m (down 53% from FY 2019). Net income: zł180.6k (down 97% from FY 2019). Profit margin: 0.9% (down from 15% in FY 2019). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment deteriorated over the past week After last week's 19% share price decline to zł13.60, the stock is trading at a trailing P/E ratio of 32.6x, down from the previous P/E ratio of 40.3x. This compares to an average P/E of 19x in the Software industry in Poland. Total return to shareholders over the past year is a loss of 65%. Valuation Update With 7 Day Price Move • Dec 09
Market bids up stock over the past week After last week's 15% share price gain to zł16.80, the stock is trading at a trailing P/E ratio of 40.3x, up from the previous P/E ratio of 35x. This compares to an average P/E of 18x in the Software industry in Poland. Total return to shareholders over the past three years is a loss of 55%.