Upcoming Dividend • Jul 16
Upcoming dividend of zł0.98 per share Eligible shareholders must have bought the stock before 21 July 2026. Payment date: 29 July 2026. Payout ratio and cash payout ratio are on the higher end at 94% and 85% respectively. Trailing yield: 8.4%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.8%). Aankondiging • Jul 13
Text S.A., Annual General Meeting, Aug 06, 2026 Text S.A., Annual General Meeting, Aug 06, 2026. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €11.51, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 18x in the Software industry in Germany. Total loss to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.23 per share. Declared Dividend • Jul 01
Dividend of zł0.98 announced Shareholders will receive a dividend of zł0.98. Ex-date: 21st July 2026 Payment date: 29th July 2026 Dividend yield will be 20%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (111% cash payout ratio). The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend. Reported Earnings • Jun 29
Full year 2026 earnings released Full year 2026 results: Revenue: zł329.1m (down 7.1% from FY 2025). Net income: zł116.6m (down 29% from FY 2025). Profit margin: 35% (down from 46% in FY 2025). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. New Risk • May 29
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 German stocks, typically moving 8.5% 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 Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (117% cash payout ratio). Share price has been volatile over the past 3 months (8.5% average weekly change). Aankondiging • Mar 28
Text S.A. to Report Q4, 2026 Results on Apr 02, 2026 Text S.A. announced that they will report Q4, 2026 results at 5:30 PM, Central European Standard Time on Apr 02, 2026 New Risk • Jan 11
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 German stocks, typically moving 7.8% 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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Cash payout ratio: 129% High level of non-cash earnings (43% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Aankondiging • Dec 04
Text S.A. to Report Q3, 2026 Results on Feb 26, 2026 Text S.A. announced that they will report Q3, 2026 results on Feb 26, 2026 Aankondiging • Sep 26
Text S.A. to Report Q2, 2026 Results on Oct 02, 2025 Text S.A. announced that they will report Q2, 2026 results at 5:30 PM, Central European Standard Time on Oct 02, 2025 Aankondiging • Jul 11
Text S.A., Annual General Meeting, Aug 06, 2025 Text S.A., Annual General Meeting, Aug 06, 2025, at 15:00 Central European Standard Time. Aankondiging • Jun 17
Text S.A. to Report Fiscal Year 2025 Results on Jun 27, 2025 Text S.A. announced that they will report fiscal year 2025 results After-Market on Jun 27, 2025 Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €13.24, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the Software industry in Germany. Total loss to shareholders of 39% over the past three years. Aankondiging • Nov 19
Text S.A. to Report First Half, 2025 Results on Nov 27, 2024 Text S.A. announced that they will report first half, 2025 results on Nov 27, 2024 Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €13.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 18x in the Software industry in Germany. Total loss to shareholders of 34% over the past three years. New Risk • Oct 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 102% Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. High level of non-cash earnings (22% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Sep 01
First quarter 2025 earnings released First quarter 2025 results: Revenue: zł86.8m (up 4.0% from 1Q 2024). Net income: zł43.7m (down 3.2% from 1Q 2024). Profit margin: 50% (down from 54% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 21
Upcoming dividend of zł2.76 per share Eligible shareholders must have bought the stock before 28 August 2024. Payment date: 05 September 2024. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 7.2%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.1%). Aankondiging • Jul 26
Text S.A., Annual General Meeting, Aug 22, 2024 Text S.A., Annual General Meeting, Aug 22, 2024, at 15:00 Central European Standard Time. Location: ul zwycieska 47, wroclaw Poland Declared Dividend • Jul 23
Fourth quarter dividend of zł2.76 announced Shareholders will receive a dividend of zł2.76. Ex-date: 28th August 2024 Payment date: 5th September 2024 Dividend yield will be 18%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 5.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Jul 18
Upcoming dividend of zł1.59 per share Eligible shareholders must have bought the stock before 22 July 2024. Payment date: 30 July 2024. Payout ratio is a comfortable 63% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.2%). Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €20.15, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Software industry in Germany. Total loss to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €30.79 per share. Declared Dividend • Jul 04
Dividend of zł1.59 announced Shareholders will receive a dividend of zł1.59. Ex-date: 22nd July 2024 Payment date: 30th July 2024 Dividend yield will be 14%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 1.6% over the next 2 years, which should provide support to the dividend and adequate earnings cover. New Risk • May 29
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 German stocks, typically moving 7.2% 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 High level of non-cash earnings (65% accrual ratio). Minor Risks Dividend is not well covered by cash flows (101% cash payout ratio). Share price has been volatile over the past 3 months (7.2% average weekly change). Buy Or Sell Opportunity • Apr 15
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.1% to €21.05. The fair value is estimated to be €27.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 2.3% per annum over the same time period. Aankondiging • Mar 27
Text S.A. to Report Q4, 2024 Results on Apr 02, 2024 Text S.A. announced that they will report Q4, 2024 results at 5:30 PM, Central European Standard Time on Apr 02, 2024 Reported Earnings • Mar 03
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: zł89.4m (up 4.0% from 3Q 2023). Net income: zł43.9m (down 7.0% from 3Q 2023). Profit margin: 49% (down from 55% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Mar 02
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to €20.80. The fair value is estimated to be €27.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 1.4% per annum over the same time period. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €20.30, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 27x in the Software industry in Germany. Total loss to shareholders of 24% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €24.53 per share. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €23.80, the stock trades at a trailing P/E ratio of 14.1x. Average forward P/E is 27x in the Software industry in Germany. Total returns to shareholders of 1.8% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €34.73 per share. Upcoming Dividend • Dec 29
Upcoming dividend of zł1.63 per share at 5.3% yield Eligible shareholders must have bought the stock before 05 January 2024. Payment date: 15 January 2024. Payout ratio and cash payout ratio are on the higher end at 81% and 90% respectively. Trailing yield: 5.3%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.7%). Aankondiging • Dec 20
Text S.A. to Report Q3, 2024 Results on Jan 03, 2024 Text S.A. announced that they will report Q3, 2024 results at 5:30 PM, Central European Standard Time on Jan 03, 2024 Reported Earnings • Dec 16
Second quarter 2024 earnings released: EPS: zł1.51 (vs zł1.54 in 2Q 2023) Second quarter 2024 results: EPS: zł1.51 (down from zł1.54 in 2Q 2023). Revenue: zł78.8m (up 5.7% from 2Q 2023). Net income: zł38.9m (down 1.8% from 2Q 2023). Profit margin: 49% (down from 53% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Buying Opportunity • Sep 27
Now 20% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be €38.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings is also forecast to grow by 3.5% per annum over the same time period. Buying Opportunity • Sep 07
Now 21% undervalued Over the last 90 days, the stock is up 3.1%. The fair value is estimated to be €38.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings is also forecast to grow by 3.8% per annum over the same time period. Reported Earnings • Aug 28
First quarter 2024 earnings released: EPS: zł1.75 (vs zł1.40 in 1Q 2023) First quarter 2024 results: EPS: zł1.75 (up from zł1.40 in 1Q 2023). Revenue: zł83.5m (up 25% from 1Q 2023). Net income: zł45.2m (up 25% from 1Q 2023). Profit margin: 54% (in line with 1Q 2023). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Upcoming Dividend • Aug 17
Upcoming dividend of zł3.03 per share at 3.2% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.6%). Aankondiging • Jul 24
LiveChat Software S.A., Annual General Meeting, Aug 18, 2023 LiveChat Software S.A., Annual General Meeting, Aug 18, 2023, at 15:00 Central European Standard Time. Upcoming Dividend • Jul 20
Upcoming dividend of zł1.46 per share at 3.3% yield Eligible shareholders must have bought the stock before 27 July 2023. Payment date: 04 August 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.5%). New Risk • Jul 18
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 German stocks, typically moving 6.6% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €32.90, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 24x in the Software industry in Germany. Total returns to shareholders of 64% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €30.54 per share. Aankondiging • Jul 06
LiveChat Software Announces to Offer Total Dividends from the 2022-2023 Profits, Payable on August 4, 2023 and September 1, 2023 LiveChat Software announced it will offer total dividends of PLN 5.95 per share from the 2022-2023 profits. The dividends will comprise an advance dividend of PLN 1.46 per share already paid by the firm, another one of the same size that will be paid August 4, 2023 and PLN 3.03 per share to be offered on top of those two payments. Rights day for the final dividend is planned for August 25, 2023, while the payment is scheduled for September 1, 2023. Reported Earnings • Jul 04
Full year 2023 earnings released Full year 2023 results: Revenue: zł315.7m (up 42% from FY 2022). Net income: zł172.4m (up 45% from FY 2022). Profit margin: 55% (up from 54% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Software industry in Germany. Aankondiging • Jul 04
LiveChat Software S.A. to Report Q1, 2024 Results on Jul 04, 2023 LiveChat Software S.A. announced that they will report Q1, 2024 results at 5:30 PM, Central European Standard Time on Jul 04, 2023 Reported Earnings • Mar 04
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: zł85.9m (up 53% from 3Q 2022). Net income: zł47.2m (up 60% from 3Q 2022). Profit margin: 55% (up from 52% in 3Q 2022). 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 7.8% growth forecast for the Software industry in Germany. Buying Opportunity • Mar 03
Now 21% undervalued Over the last 90 days, the stock is up 23%. The fair value is estimated to be €36.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Aankondiging • Jan 28
LiveChat Software S.A. to Report Q4, 2022 Results on Feb 28, 2023 LiveChat Software S.A. announced that they will report Q4, 2022 results at 5:30 PM, Central European Standard Time on Feb 28, 2023 Buying Opportunity • Jan 03
Now 21% undervalued Over the last 90 days, the stock is up 3.2%. The fair value is estimated to be €28.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 7.4% per annum over the same time period. Aankondiging • Dec 22
LiveChat Software S.A. to Report Q3, 2023 Results on Jan 02, 2023 LiveChat Software S.A. announced that they will report Q3, 2023 results on Jan 02, 2023 Upcoming Dividend • Dec 21
Upcoming dividend of zł1.46 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 05 January 2023. Payout ratio is on the higher end at 90%, and the cash payout ratio is above 100%. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.9%). Buying Opportunity • Dec 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.0%. The fair value is estimated to be €28.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period. Reported Earnings • Dec 02
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: zł74.5m (up 34% from 2Q 2022). Net income: zł39.6m (up 21% from 2Q 2022). Profit margin: 53% (down from 59% in 2Q 2022). 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 7.8% growth forecast for the Software industry in Germany. Reported Earnings • Aug 27
First quarter 2023 earnings released: EPS: zł1.40 (vs zł1.03 in 1Q 2022) First quarter 2023 results: EPS: zł1.40 (up from zł1.03 in 1Q 2022). Revenue: zł66.8m (up 37% from 1Q 2022). Net income: zł36.0m (up 35% from 1Q 2022). Profit margin: 54% (in line with 1Q 2022). Over the next year, revenue is forecast to grow 25%, compared to a 7.9% growth forecast for the Software industry in Germany. Upcoming Dividend • Aug 17
Upcoming dividend of zł2.12 per share Eligible shareholders must have bought the stock before 24 August 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 41% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.0%). Aankondiging • Jul 26
LiveChat Software S.A., Annual General Meeting, Aug 18, 2022 LiveChat Software S.A., Annual General Meeting, Aug 18, 2022, at 15:00 Central European Standard Time. Upcoming Dividend • Jul 21
Upcoming dividend of zł1.14 per share Eligible shareholders must have bought the stock before 28 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 41% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.1%). Reported Earnings • Jul 06
Full year 2022 earnings released: EPS: zł4.62 (vs zł3.89 in FY 2021) Full year 2022 results: EPS: zł4.62 (up from zł3.89 in FY 2021). Revenue: zł222.5m (up 24% from FY 2021). Net income: zł119.0m (up 19% from FY 2021). Profit margin: 54% (down from 56% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 20%, compared to a 8.5% growth forecast for the industry in Germany. Aankondiging • Apr 21
LiveChat Software S.A. to Report Q3, 2023 Results on Feb 28, 2023 LiveChat Software S.A. announced that they will report Q3, 2023 results on Feb 28, 2023 Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €16.80, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 27x in the Software industry in Germany. Total loss to shareholders of 35% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €25.18 per share. Buying Opportunity • Feb 23
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 27%. The fair value is estimated to be zł25.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% per annum over the last 3 years. Earnings per share has grown by 28% per annum over the last 3 years. Upcoming Dividend • Dec 16
Upcoming dividend of zł1.14 per share Eligible shareholders must have bought the stock before 23 December 2021. Payment date: 03 January 2022. Payout ratio is a comfortable 64% and the cash payout ratio is 79%. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.4%). Reported Earnings • Nov 28
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: zł1.27 (up from zł1.00 in 2Q 2021). Revenue: zł55.7m (up 29% from 2Q 2021). Net income: zł32.7m (up 28% from 2Q 2021). Profit margin: 59% (in line with 2Q 2021). Revenue exceeded analyst estimates by 14%. Over the next year, revenue is forecast to grow 15%, compared to a 29% growth forecast for the industry in Germany. Reported Earnings • Aug 31
First quarter 2022 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: zł48.9m (up 18% from 1Q 2021). Net income: zł26.6m (up 28% from 1Q 2021). Profit margin: 54% (up from 50% in 1Q 2021). The increase in margin was driven by higher revenue. Upcoming Dividend • Aug 17
Upcoming dividend of zł1.91 per share Eligible shareholders must have bought the stock before 24 August 2021. Payment date: 01 September 2021. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.4%). Reported Earnings • Jul 01
Full year 2021 earnings released: EPS zł3.89 (vs zł2.96 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: zł179.0m (up 37% from FY 2020). Net income: zł100.2m (up 32% from FY 2020). Profit margin: 56% (down from 58% in FY 2020). The decrease in margin was driven by higher expenses. 
