View Future GrowthVercom 과거 순이익 실적과거 기준 점검 5/6Vercom은 연평균 34%의 비율로 수입이 증가해 온 반면, Software 산업은 수입이 8.3% 증가했습니다. 매출은 연평균 27.4%의 비율로 증가했습니다. Vercom의 자기자본이익률은 22.5%이고 순이익률은 19.1%입니다.핵심 정보34.00%순이익 성장률27.44%주당순이익(EPS) 성장률Software 산업 성장률14.28%매출 성장률27.36%자기자본이익률22.54%순이익률19.07%다음 순이익 업데이트19 May 2026최근 과거 실적 업데이트Reported Earnings • Nov 10Third quarter 2025 earnings released: EPS: zł0.90 (vs zł0.88 in 3Q 2024)Third quarter 2025 results: EPS: zł0.90 (up from zł0.88 in 3Q 2024). Revenue: zł116.5m (down 20% from 3Q 2024). Net income: zł19.9m (up 2.7% from 3Q 2024). Profit margin: 17% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.공지 • Nov 06Vercom S.A. to Report Q3, 2025 Results on Nov 05, 2025Vercom S.A. announced that they will report Q3, 2025 results on Nov 05, 2025Reported Earnings • Sep 03Second quarter 2025 earnings released: EPS: zł1.02 (vs zł0.82 in 2Q 2024)Second quarter 2025 results: EPS: zł1.02 (up from zł0.82 in 2Q 2024). Revenue: zł114.1m (down 1.6% from 2Q 2024). Net income: zł22.6m (up 24% from 2Q 2024). Profit margin: 20% (up from 16% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.공지 • Aug 21Vercom S.A. to Report First Half, 2025 Results on Sep 02, 2025Vercom S.A. announced that they will report first half, 2025 results on Sep 02, 2025Reported Earnings • May 22First quarter 2025 earnings released: EPS: zł0.16 (vs zł0.75 in 1Q 2024)First quarter 2025 results: EPS: zł0.16. Revenue: zł110.8m (up 5.9% from 1Q 2024). Net income: zł22.5m (up 37% from 1Q 2024). Profit margin: 20% (up from 16% in 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Poland.Reported Earnings • Mar 20Full year 2024 earnings releasedFull year 2024 results: Revenue: zł496.5m (up 47% from FY 2023). Net income: zł76.6m (up 8.8% from FY 2023). Profit margin: 15% (down from 21% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Software industry in Poland.모든 업데이트 보기Recent updates공지 • Apr 23Vercom S.A., Annual General Meeting, May 18, 2026Vercom S.A., Annual General Meeting, May 18, 2026, at 14:00 Central European Standard Time.New Risk • Apr 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 7.1% 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. This is currently the only risk that has been identified for the company.분석 기사 • Feb 11Getting In Cheap On Vercom S.A. (WSE:VRC) Might Be DifficultWith a price-to-earnings (or "P/E") ratio of 35.4x Vercom S.A. ( WSE:VRC ) may be sending very bearish signals at the...Buy Or Sell Opportunity • Feb 03Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to zł154. The fair value is estimated to be zł128, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.분석 기사 • Dec 20We Think Vercom (WSE:VRC) Might Have The DNA Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Reported Earnings • Nov 10Third quarter 2025 earnings released: EPS: zł0.90 (vs zł0.88 in 3Q 2024)Third quarter 2025 results: EPS: zł0.90 (up from zł0.88 in 3Q 2024). Revenue: zł116.5m (down 20% from 3Q 2024). Net income: zł19.9m (up 2.7% from 3Q 2024). Profit margin: 17% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.공지 • Nov 06Vercom S.A. to Report Q3, 2025 Results on Nov 05, 2025Vercom S.A. announced that they will report Q3, 2025 results on Nov 05, 2025분석 기사 • Sep 14Vercom S.A. (WSE:VRC) Analysts Just Trimmed Their Revenue Forecasts By 11%One thing we could say about the analysts on Vercom S.A. ( WSE:VRC ) - they aren't optimistic, having just made a major...Major Estimate Revision • Sep 12Consensus revenue estimates decrease by 11%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from zł533.0m to zł471.7m. EPS estimate unchanged from zł4.55 per share at last update. Software industry in Poland expected to see average net income growth of 23% next year. Consensus price target broadly unchanged at zł140. Share price was steady at zł129 over the past week.분석 기사 • Sep 05Vercom (WSE:VRC) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Sep 03Second quarter 2025 earnings released: EPS: zł1.02 (vs zł0.82 in 2Q 2024)Second quarter 2025 results: EPS: zł1.02 (up from zł0.82 in 2Q 2024). Revenue: zł114.1m (down 1.6% from 2Q 2024). Net income: zł22.6m (up 24% from 2Q 2024). Profit margin: 20% (up from 16% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.공지 • Aug 21Vercom S.A. to Report First Half, 2025 Results on Sep 02, 2025Vercom S.A. announced that they will report first half, 2025 results on Sep 02, 2025Reported Earnings • May 22First quarter 2025 earnings released: EPS: zł0.16 (vs zł0.75 in 1Q 2024)First quarter 2025 results: EPS: zł0.16. Revenue: zł110.8m (up 5.9% from 1Q 2024). Net income: zł22.5m (up 37% from 1Q 2024). Profit margin: 20% (up from 16% in 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Poland.Upcoming Dividend • May 12Upcoming dividend of zł2.03 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 22 May 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Polish dividend payers (7.0%). Lower than average of industry peers (3.0%).Declared Dividend • Apr 13Dividend increased to zł2.03Dividend of zł2.03 is 27% higher than last year. Ex-date: 19th May 2025 Payment date: 22nd May 2025 Dividend yield will be 1.9%, which is lower than the industry average of 4.2%. Payout Ratios Payout ratio: 42%. Cash payout ratio: 35%.공지 • Apr 11Vercom S.A. announces Annual dividend, payable on May 22, 2025Vercom S.A. announced Annual dividend of PLN 2.0300 per share payable on May 22, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.공지 • Apr 10Vercom S.A., Annual General Meeting, May 07, 2025Vercom S.A., Annual General Meeting, May 07, 2025.분석 기사 • Apr 10A Look At The Fair Value Of Vercom S.A. (WSE:VRC)Key Insights Using the 2 Stage Free Cash Flow to Equity, Vercom fair value estimate is zł114 Current share price of...Reported Earnings • Mar 20Full year 2024 earnings releasedFull year 2024 results: Revenue: zł496.5m (up 47% from FY 2023). Net income: zł76.6m (up 8.8% from FY 2023). Profit margin: 15% (down from 21% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Software industry in Poland.분석 기사 • Mar 07Vercom (WSE:VRC) Is Doing The Right Things To Multiply Its Share PriceIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Price Target Changed • Jan 18Price target increased by 7.2% to zł133Up from zł124, the current price target is an average from 6 analysts. New target price is 14% above last closing price of zł117. Stock is up 42% over the past year. The company is forecast to post earnings per share of zł3.53 for next year compared to zł3.18 last year.분석 기사 • Nov 26Vercom's (WSE:VRC) Solid Profits Have Weak FundamentalsDespite posting some strong earnings, the market for Vercom S.A.'s ( WSE:VRC ) stock hasn't moved much. Our analysis...Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: zł0.88 (vs zł0.57 in 3Q 2023)Third quarter 2024 results: EPS: zł0.88 (up from zł0.57 in 3Q 2023). Revenue: zł145.1m (up 71% from 3Q 2023). Net income: zł19.4m (up 53% from 3Q 2023). Profit margin: 13% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Poland. 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 33% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 04Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: zł115.9m (up 43% from 2Q 2023). Net income: zł18.2m (up 3.8% from 2Q 2023). Profit margin: 16% (down from 22% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Software industry in Poland.New Risk • Aug 08New minor risk - Share price stabilityThe 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. This is currently the only risk that has been identified for the company.분석 기사 • Aug 06Vercom's (WSE:VRC) Returns On Capital Not Reflecting Well On The BusinessIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Buy Or Sell Opportunity • Jul 16Now 20% undervaluedOver the last 90 days, the stock has risen 5.6% to zł124. The fair value is estimated to be zł155, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 53% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.분석 기사 • May 27We Think That There Are Issues Underlying Vercom's (WSE:VRC) EarningsVercom S.A. ( WSE:VRC ) just reported some strong earnings, and the market reacted accordingly with a healthy uplift in...Reported Earnings • May 22First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: zł104.6m (up 40% from 1Q 2023). Net income: zł16.5m (up 73% from 1Q 2023). Profit margin: 16% (up from 13% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Software industry in Poland.Upcoming Dividend • May 21Upcoming dividend of zł1.60 per shareEligible shareholders must have bought the stock before 28 May 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Polish dividend payers (7.3%). Lower than average of industry peers (3.6%).분석 기사 • May 14Investors Interested In Vercom S.A.'s (WSE:VRC) EarningsWhen close to half the companies in Poland have price-to-earnings ratios (or "P/E's") below 12x, you may consider...공지 • Apr 24Vercom S.A., Annual General Meeting, May 16, 2024Vercom S.A., Annual General Meeting, May 16, 2024, at 10:00 Central European Standard Time.New Risk • Apr 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.New Risk • Apr 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.8% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 31Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: zł3.18 (up from zł1.54 in FY 2022). Revenue: zł337.4m (up 30% from FY 2022). Net income: zł70.4m (up 124% from FY 2022). Profit margin: 21% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 1.2%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Software industry in Poland.분석 기사 • Mar 29A Look At The Intrinsic Value Of Vercom S.A. (WSE:VRC)Key Insights Vercom's estimated fair value is zł128 based on 2 Stage Free Cash Flow to Equity Vercom's zł121 share...Price Target Changed • Mar 25Price target increased by 51% to zł105Up from zł69.55, the current price target is an average from 2 analysts. New target price is 6.0% below last closing price of zł112. Stock is up 135% over the past year. The company is forecast to post earnings per share of zł3.23 for next year compared to zł1.54 last year.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 25%After last week's 25% share price gain to zł110, the stock trades at a trailing P/E ratio of 43.7x. Average forward P/E is 17x in the Software industry in Poland. Total returns to shareholders of 152% over the past year.Buy Or Sell Opportunity • Mar 02Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 63% to zł110. The fair value is estimated to be zł86.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 17%.분석 기사 • Feb 29Here's Why We Think Vercom (WSE:VRC) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...공지 • Jan 26+ 3 more updatesVercom S.A. to Report Fiscal Year 2023 Results on Mar 26, 2024Vercom S.A. announced that they will report fiscal year 2023 results on Mar 26, 2024분석 기사 • Jan 23Vercom (WSE:VRC) Hasn't Managed To Accelerate Its ReturnsIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Nov 16Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: zł84.9m (up 12% from 3Q 2022). Net income: zł12.7m (up 194% from 3Q 2022). Profit margin: 15% (up from 5.7% in 3Q 2022).공지 • Nov 03Positive Group agreed to acquire 30.3% stake in User.com SP Z O.O from Vercom S.A. (WSE:VRC) for €5.06 million.Positive Group agreed to acquire 30.3% stake in User.com SP Z O.O from Vercom S.A. (WSE:VRC) for €5.06 million on October 31, 2023. In this transaction, Positive will acquire 40 shares of User.com SP from Vercom. Proceeds from the sale will be used for further development of Vercom.Reported Earnings • Sep 08Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł81.1m (up 52% from 2Q 2022). Net income: zł17.6m (up 264% from 2Q 2022). Profit margin: 22% (up from 9.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Poland.분석 기사 • Aug 10A Look At The Intrinsic Value Of Vercom S.A. (WSE:VRC)Key Insights Vercom's estimated fair value is zł69.96 based on 2 Stage Free Cash Flow to Equity Vercom's zł61.60 share...공지 • May 26Vercom S.A., Annual General Meeting, Jun 23, 2023Vercom S.A., Annual General Meeting, Jun 23, 2023, at 10:00 Central European Standard Time.공지 • Feb 03+ 3 more updatesVercom S.A. to Report Fiscal Year 2022 Results on Mar 28, 2023Vercom S.A. announced that they will report fiscal year 2022 results on Mar 28, 2023Buying Opportunity • Jan 21Now 20% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be zł53.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last year. Earnings per share has declined by 20%.Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: zł0.21 (vs zł0.26 in 3Q 2021)Third quarter 2022 results: EPS: zł0.21 (down from zł0.26 in 3Q 2021). Revenue: zł76.0m (up 72% from 3Q 2021). Net income: zł4.33m (down 10% from 3Q 2021). Profit margin: 5.7% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Poland.Price Target Changed • Nov 16Price target decreased to zł37.00Down from zł59.30, the current price target is an average from 2 analysts. New target price is 9.8% below last closing price of zł41.00. Stock is down 22% over the past year. The company posted earnings per share of zł1.37 last year.분석 기사 • Sep 18Robust Earnings May Not Tell The Whole Story For Vercom (WSE:VRC)Vercom S.A.'s ( WSE:VRC ) healthy profit numbers didn't contain any surprises for investors. We think this is due to...Price Target Changed • Jul 08Price target decreased to zł50.90Down from zł59.30, the current price target is an average from 2 analysts. New target price is 41% above last closing price of zł36.20. Stock is down 33% over the past year. The company posted earnings per share of zł1.37 last year.Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to zł36.30, the stock trades at a trailing P/E ratio of 28.3x. Average forward P/E is 28x in the Software industry in Poland. Total loss to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at zł64.18 per share.분석 기사 • Jun 04Be Wary Of Vercom (WSE:VRC) And Its Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...공지 • May 03Vercom S.A., Annual General Meeting, May 27, 2022Vercom S.A., Annual General Meeting, May 27, 2022, at 11:00 Central European Standard Time.공지 • Apr 27Vercom S.A. (WSE:VRC) agreed to acquire 65% stake in Uab Mlr Grupe from Uab Itema Ventures and GEDIMINAS ANDRIJAITIS for EUR 84.1 million.Vercom S.A. (WSE:VRC) agreed to acquire 65% stake in Uab Mlr Grupe from Uab Itema Ventures and GEDIMINAS ANDRIJAITIS for EUR 84.1 million on April 26, 2022.공지 • Feb 02+ 3 more updatesVercom S.A. to Report Q3, 2022 Results on Nov 16, 2022Vercom S.A. announced that they will report Q3, 2022 results on Nov 16, 2022매출 및 비용 세부 내역Vercom가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이WSE:VRC 매출, 비용 및 순이익 (PLN Millions)날짜매출순이익일반관리비연구개발비31 Dec 2547190141030 Sep 2547287136030 Jun 2550187131031 Mar 2550283130031 Dec 2449677127030 Sep 2446284124030 Jun 2440278121031 Mar 2436777117031 Dec 2333770112030 Sep 2332256110030 Jun 2331347105031 Mar 232863490031 Dec 222603173030 Sep 222352258030 Jun 222042342031 Mar 221902435031 Dec 211792329030 Sep 211662220030 Jun 211442215031 Mar 211322113031 Dec 2011719120양질의 수익: VRC는 고품질 수익을 보유하고 있습니다.이익 마진 증가: VRC의 현재 순 이익률 (19.1%)은 지난해 (15.4%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: VRC의 수익은 지난 5년 동안 연평균 34%로 크게 증가했습니다.성장 가속화: 지난 1년간 VRC 의 수익 증가율(17.4%)은 5년 평균(연간 34%)보다 낮습니다.수익 대 산업: VRC의 지난 1년 수익 증가율(17.4%)은 Software 업계의 13.2%를 상회했습니다.자기자본이익률높은 ROE: VRC의 자본 수익률(22.5%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/11 05:48종가2026/05/11 00:00수익2025/12/31연간 수익2025/12/31데이터 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 소스Vercom S.A.는 12명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Beata Szparaga-WasniewskaBiuro maklerskie mBankuKamil KliszczBiuro maklerskie mBankuPawel SzpigielBiuro maklerskie mBanku9명의 분석가 더 보기
Reported Earnings • Nov 10Third quarter 2025 earnings released: EPS: zł0.90 (vs zł0.88 in 3Q 2024)Third quarter 2025 results: EPS: zł0.90 (up from zł0.88 in 3Q 2024). Revenue: zł116.5m (down 20% from 3Q 2024). Net income: zł19.9m (up 2.7% from 3Q 2024). Profit margin: 17% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Nov 06Vercom S.A. to Report Q3, 2025 Results on Nov 05, 2025Vercom S.A. announced that they will report Q3, 2025 results on Nov 05, 2025
Reported Earnings • Sep 03Second quarter 2025 earnings released: EPS: zł1.02 (vs zł0.82 in 2Q 2024)Second quarter 2025 results: EPS: zł1.02 (up from zł0.82 in 2Q 2024). Revenue: zł114.1m (down 1.6% from 2Q 2024). Net income: zł22.6m (up 24% from 2Q 2024). Profit margin: 20% (up from 16% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Aug 21Vercom S.A. to Report First Half, 2025 Results on Sep 02, 2025Vercom S.A. announced that they will report first half, 2025 results on Sep 02, 2025
Reported Earnings • May 22First quarter 2025 earnings released: EPS: zł0.16 (vs zł0.75 in 1Q 2024)First quarter 2025 results: EPS: zł0.16. Revenue: zł110.8m (up 5.9% from 1Q 2024). Net income: zł22.5m (up 37% from 1Q 2024). Profit margin: 20% (up from 16% in 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Poland.
Reported Earnings • Mar 20Full year 2024 earnings releasedFull year 2024 results: Revenue: zł496.5m (up 47% from FY 2023). Net income: zł76.6m (up 8.8% from FY 2023). Profit margin: 15% (down from 21% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Software industry in Poland.
공지 • Apr 23Vercom S.A., Annual General Meeting, May 18, 2026Vercom S.A., Annual General Meeting, May 18, 2026, at 14:00 Central European Standard Time.
New Risk • Apr 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 7.1% 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. This is currently the only risk that has been identified for the company.
분석 기사 • Feb 11Getting In Cheap On Vercom S.A. (WSE:VRC) Might Be DifficultWith a price-to-earnings (or "P/E") ratio of 35.4x Vercom S.A. ( WSE:VRC ) may be sending very bearish signals at the...
Buy Or Sell Opportunity • Feb 03Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to zł154. The fair value is estimated to be zł128, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.
분석 기사 • Dec 20We Think Vercom (WSE:VRC) Might Have The DNA Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Reported Earnings • Nov 10Third quarter 2025 earnings released: EPS: zł0.90 (vs zł0.88 in 3Q 2024)Third quarter 2025 results: EPS: zł0.90 (up from zł0.88 in 3Q 2024). Revenue: zł116.5m (down 20% from 3Q 2024). Net income: zł19.9m (up 2.7% from 3Q 2024). Profit margin: 17% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Nov 06Vercom S.A. to Report Q3, 2025 Results on Nov 05, 2025Vercom S.A. announced that they will report Q3, 2025 results on Nov 05, 2025
분석 기사 • Sep 14Vercom S.A. (WSE:VRC) Analysts Just Trimmed Their Revenue Forecasts By 11%One thing we could say about the analysts on Vercom S.A. ( WSE:VRC ) - they aren't optimistic, having just made a major...
Major Estimate Revision • Sep 12Consensus revenue estimates decrease by 11%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from zł533.0m to zł471.7m. EPS estimate unchanged from zł4.55 per share at last update. Software industry in Poland expected to see average net income growth of 23% next year. Consensus price target broadly unchanged at zł140. Share price was steady at zł129 over the past week.
분석 기사 • Sep 05Vercom (WSE:VRC) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Sep 03Second quarter 2025 earnings released: EPS: zł1.02 (vs zł0.82 in 2Q 2024)Second quarter 2025 results: EPS: zł1.02 (up from zł0.82 in 2Q 2024). Revenue: zł114.1m (down 1.6% from 2Q 2024). Net income: zł22.6m (up 24% from 2Q 2024). Profit margin: 20% (up from 16% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in Poland. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Aug 21Vercom S.A. to Report First Half, 2025 Results on Sep 02, 2025Vercom S.A. announced that they will report first half, 2025 results on Sep 02, 2025
Reported Earnings • May 22First quarter 2025 earnings released: EPS: zł0.16 (vs zł0.75 in 1Q 2024)First quarter 2025 results: EPS: zł0.16. Revenue: zł110.8m (up 5.9% from 1Q 2024). Net income: zł22.5m (up 37% from 1Q 2024). Profit margin: 20% (up from 16% in 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Poland.
Upcoming Dividend • May 12Upcoming dividend of zł2.03 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 22 May 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Polish dividend payers (7.0%). Lower than average of industry peers (3.0%).
Declared Dividend • Apr 13Dividend increased to zł2.03Dividend of zł2.03 is 27% higher than last year. Ex-date: 19th May 2025 Payment date: 22nd May 2025 Dividend yield will be 1.9%, which is lower than the industry average of 4.2%. Payout Ratios Payout ratio: 42%. Cash payout ratio: 35%.
공지 • Apr 11Vercom S.A. announces Annual dividend, payable on May 22, 2025Vercom S.A. announced Annual dividend of PLN 2.0300 per share payable on May 22, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.
공지 • Apr 10Vercom S.A., Annual General Meeting, May 07, 2025Vercom S.A., Annual General Meeting, May 07, 2025.
분석 기사 • Apr 10A Look At The Fair Value Of Vercom S.A. (WSE:VRC)Key Insights Using the 2 Stage Free Cash Flow to Equity, Vercom fair value estimate is zł114 Current share price of...
Reported Earnings • Mar 20Full year 2024 earnings releasedFull year 2024 results: Revenue: zł496.5m (up 47% from FY 2023). Net income: zł76.6m (up 8.8% from FY 2023). Profit margin: 15% (down from 21% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Software industry in Poland.
분석 기사 • Mar 07Vercom (WSE:VRC) Is Doing The Right Things To Multiply Its Share PriceIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Price Target Changed • Jan 18Price target increased by 7.2% to zł133Up from zł124, the current price target is an average from 6 analysts. New target price is 14% above last closing price of zł117. Stock is up 42% over the past year. The company is forecast to post earnings per share of zł3.53 for next year compared to zł3.18 last year.
분석 기사 • Nov 26Vercom's (WSE:VRC) Solid Profits Have Weak FundamentalsDespite posting some strong earnings, the market for Vercom S.A.'s ( WSE:VRC ) stock hasn't moved much. Our analysis...
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: zł0.88 (vs zł0.57 in 3Q 2023)Third quarter 2024 results: EPS: zł0.88 (up from zł0.57 in 3Q 2023). Revenue: zł145.1m (up 71% from 3Q 2023). Net income: zł19.4m (up 53% from 3Q 2023). Profit margin: 13% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Poland. 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 33% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 04Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: zł115.9m (up 43% from 2Q 2023). Net income: zł18.2m (up 3.8% from 2Q 2023). Profit margin: 16% (down from 22% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Software industry in Poland.
New Risk • Aug 08New minor risk - Share price stabilityThe 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. This is currently the only risk that has been identified for the company.
분석 기사 • Aug 06Vercom's (WSE:VRC) Returns On Capital Not Reflecting Well On The BusinessIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Buy Or Sell Opportunity • Jul 16Now 20% undervaluedOver the last 90 days, the stock has risen 5.6% to zł124. The fair value is estimated to be zł155, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 53% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.
분석 기사 • May 27We Think That There Are Issues Underlying Vercom's (WSE:VRC) EarningsVercom S.A. ( WSE:VRC ) just reported some strong earnings, and the market reacted accordingly with a healthy uplift in...
Reported Earnings • May 22First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: zł104.6m (up 40% from 1Q 2023). Net income: zł16.5m (up 73% from 1Q 2023). Profit margin: 16% (up from 13% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Software industry in Poland.
Upcoming Dividend • May 21Upcoming dividend of zł1.60 per shareEligible shareholders must have bought the stock before 28 May 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Polish dividend payers (7.3%). Lower than average of industry peers (3.6%).
분석 기사 • May 14Investors Interested In Vercom S.A.'s (WSE:VRC) EarningsWhen close to half the companies in Poland have price-to-earnings ratios (or "P/E's") below 12x, you may consider...
공지 • Apr 24Vercom S.A., Annual General Meeting, May 16, 2024Vercom S.A., Annual General Meeting, May 16, 2024, at 10:00 Central European Standard Time.
New Risk • Apr 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
New Risk • Apr 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.8% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 31Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: zł3.18 (up from zł1.54 in FY 2022). Revenue: zł337.4m (up 30% from FY 2022). Net income: zł70.4m (up 124% from FY 2022). Profit margin: 21% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 1.2%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Software industry in Poland.
분석 기사 • Mar 29A Look At The Intrinsic Value Of Vercom S.A. (WSE:VRC)Key Insights Vercom's estimated fair value is zł128 based on 2 Stage Free Cash Flow to Equity Vercom's zł121 share...
Price Target Changed • Mar 25Price target increased by 51% to zł105Up from zł69.55, the current price target is an average from 2 analysts. New target price is 6.0% below last closing price of zł112. Stock is up 135% over the past year. The company is forecast to post earnings per share of zł3.23 for next year compared to zł1.54 last year.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 25%After last week's 25% share price gain to zł110, the stock trades at a trailing P/E ratio of 43.7x. Average forward P/E is 17x in the Software industry in Poland. Total returns to shareholders of 152% over the past year.
Buy Or Sell Opportunity • Mar 02Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 63% to zł110. The fair value is estimated to be zł86.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 17%.
분석 기사 • Feb 29Here's Why We Think Vercom (WSE:VRC) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
공지 • Jan 26+ 3 more updatesVercom S.A. to Report Fiscal Year 2023 Results on Mar 26, 2024Vercom S.A. announced that they will report fiscal year 2023 results on Mar 26, 2024
분석 기사 • Jan 23Vercom (WSE:VRC) Hasn't Managed To Accelerate Its ReturnsIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Nov 16Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: zł84.9m (up 12% from 3Q 2022). Net income: zł12.7m (up 194% from 3Q 2022). Profit margin: 15% (up from 5.7% in 3Q 2022).
공지 • Nov 03Positive Group agreed to acquire 30.3% stake in User.com SP Z O.O from Vercom S.A. (WSE:VRC) for €5.06 million.Positive Group agreed to acquire 30.3% stake in User.com SP Z O.O from Vercom S.A. (WSE:VRC) for €5.06 million on October 31, 2023. In this transaction, Positive will acquire 40 shares of User.com SP from Vercom. Proceeds from the sale will be used for further development of Vercom.
Reported Earnings • Sep 08Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł81.1m (up 52% from 2Q 2022). Net income: zł17.6m (up 264% from 2Q 2022). Profit margin: 22% (up from 9.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Poland.
분석 기사 • Aug 10A Look At The Intrinsic Value Of Vercom S.A. (WSE:VRC)Key Insights Vercom's estimated fair value is zł69.96 based on 2 Stage Free Cash Flow to Equity Vercom's zł61.60 share...
공지 • May 26Vercom S.A., Annual General Meeting, Jun 23, 2023Vercom S.A., Annual General Meeting, Jun 23, 2023, at 10:00 Central European Standard Time.
공지 • Feb 03+ 3 more updatesVercom S.A. to Report Fiscal Year 2022 Results on Mar 28, 2023Vercom S.A. announced that they will report fiscal year 2022 results on Mar 28, 2023
Buying Opportunity • Jan 21Now 20% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be zł53.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last year. Earnings per share has declined by 20%.
Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: zł0.21 (vs zł0.26 in 3Q 2021)Third quarter 2022 results: EPS: zł0.21 (down from zł0.26 in 3Q 2021). Revenue: zł76.0m (up 72% from 3Q 2021). Net income: zł4.33m (down 10% from 3Q 2021). Profit margin: 5.7% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Poland.
Price Target Changed • Nov 16Price target decreased to zł37.00Down from zł59.30, the current price target is an average from 2 analysts. New target price is 9.8% below last closing price of zł41.00. Stock is down 22% over the past year. The company posted earnings per share of zł1.37 last year.
분석 기사 • Sep 18Robust Earnings May Not Tell The Whole Story For Vercom (WSE:VRC)Vercom S.A.'s ( WSE:VRC ) healthy profit numbers didn't contain any surprises for investors. We think this is due to...
Price Target Changed • Jul 08Price target decreased to zł50.90Down from zł59.30, the current price target is an average from 2 analysts. New target price is 41% above last closing price of zł36.20. Stock is down 33% over the past year. The company posted earnings per share of zł1.37 last year.
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to zł36.30, the stock trades at a trailing P/E ratio of 28.3x. Average forward P/E is 28x in the Software industry in Poland. Total loss to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at zł64.18 per share.
분석 기사 • Jun 04Be Wary Of Vercom (WSE:VRC) And Its Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
공지 • May 03Vercom S.A., Annual General Meeting, May 27, 2022Vercom S.A., Annual General Meeting, May 27, 2022, at 11:00 Central European Standard Time.
공지 • Apr 27Vercom S.A. (WSE:VRC) agreed to acquire 65% stake in Uab Mlr Grupe from Uab Itema Ventures and GEDIMINAS ANDRIJAITIS for EUR 84.1 million.Vercom S.A. (WSE:VRC) agreed to acquire 65% stake in Uab Mlr Grupe from Uab Itema Ventures and GEDIMINAS ANDRIJAITIS for EUR 84.1 million on April 26, 2022.
공지 • Feb 02+ 3 more updatesVercom S.A. to Report Q3, 2022 Results on Nov 16, 2022Vercom S.A. announced that they will report Q3, 2022 results on Nov 16, 2022