Aankondiging • Apr 15
Libet S.A., Annual General Meeting, May 21, 2026 Libet S.A., Annual General Meeting, May 21, 2026, at 10:00 Central European Standard Time. New Risk • Dec 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.5% 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: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.9% net profit margin). Market cap is less than US$100m (zł69.1m market cap, or US$19.0m). Reported Earnings • Nov 10
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: zł22.3m (down 25% from 3Q 2024). Net loss: zł196.9k (loss narrowed 83% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Aankondiging • Nov 07
Libet S.A. to Report Q3, 2025 Results on Nov 07, 2025 Libet S.A. announced that they will report Q3, 2025 results on Nov 07, 2025 New Risk • Sep 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (zł67.0m market cap, or US$18.6m). New Risk • May 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-zł24m free cash flow). Earnings have declined by 30% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (zł59.3m market cap, or US$15.8m). Aankondiging • Apr 15
Libet S.A., Annual General Meeting, May 21, 2025 Libet S.A., Annual General Meeting, May 21, 2025. New Risk • Mar 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 8.0% 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 Less than 1 year of cash runway based on free cash flow trend (-zł24m free cash flow). Earnings have declined by 30% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (zł82.0m market cap, or US$21.4m). Reported Earnings • Nov 10
Third quarter 2024 earnings released: zł0.02 loss per share (vs zł0.076 profit in 3Q 2023) Third quarter 2024 results: zł0.02 loss per share (down from zł0.076 profit in 3Q 2023). Revenue: zł29.8m (down 40% from 3Q 2023). Net loss: zł1.16m (down 131% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 11
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: zł32.9m (down 31% from 2Q 2023). Net income: zł12.0k (down 100% from 2Q 2023). Profit margin: 0% (down from 24% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Aankondiging • Aug 02
Libet S.A. to Report Q3, 2024 Results on Nov 08, 2024 Libet S.A. announced that they will report Q3, 2024 results on Nov 08, 2024 Aankondiging • Jun 05
Libet S.A., Annual General Meeting, Jun 28, 2024 Libet S.A., Annual General Meeting, Jun 28, 2024. New Risk • Feb 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 7.3% 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 Less than 1 year of cash runway based on free cash flow trend (-zł59m free cash flow). Earnings have declined by 3.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (zł82.0m market cap, or US$20.5m). New Risk • Dec 11
New major risk - Revenue and earnings growth Earnings have declined by 3.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-zł59m free cash flow). Earnings have declined by 3.9% per year over the past 5 years. Minor Risk Market cap is less than US$100m (zł59.0m market cap, or US$14.6m). New Risk • Nov 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.6% 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: Major Risk Less than 1 year of cash runway based on free cash flow trend (-zł32m free cash flow). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (zł70.0m market cap, or US$17.0m). Reported Earnings • Oct 02
Second quarter 2023 earnings released: EPS: zł0.23 (vs zł0.081 loss in 2Q 2022) Second quarter 2023 results: EPS: zł0.23 (up from zł0.081 loss in 2Q 2022). Revenue: zł47.9m (down 44% from 2Q 2022). Net income: zł11.4m (up zł15.4m from 2Q 2022). Profit margin: 24% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. New Risk • Aug 13
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -zł9.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-zł9.0m free cash flow). Minor Risk Market cap is less than US$100m (zł87.5m market cap, or US$21.6m). Aankondiging • Jun 02
Libet S.A., Annual General Meeting, Jun 26, 2023 Libet S.A., Annual General Meeting, Jun 26, 2023, at 15:00 Central European Standard Time. Reported Earnings • Dec 01
Third quarter 2022 earnings released: EPS: zł0.51 (vs zł0.051 loss in 3Q 2021) Third quarter 2022 results: EPS: zł0.51 (up from zł0.051 loss in 3Q 2021). Revenue: zł70.3m (down 16% from 3Q 2021). Net income: zł25.5m (up zł28.1m from 3Q 2021). Profit margin: 36% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Reported Earnings • Oct 03
Second quarter 2022 earnings released: zł0.08 loss per share (vs zł0.072 loss in 2Q 2021) Second quarter 2022 results: zł0.08 loss per share (further deteriorated from zł0.072 loss in 2Q 2021). Revenue: zł85.2m (flat on 2Q 2021). Net loss: zł4.03m (loss widened 12% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Reported Earnings • Jun 05
First quarter 2022 earnings released: EPS: zł0.053 (vs zł0.024 in 1Q 2021) First quarter 2022 results: EPS: zł0.053 (up from zł0.024 in 1Q 2021). Revenue: zł47.9m (up 29% from 1Q 2021). Net income: zł2.67m (up 125% from 1Q 2021). Profit margin: 5.6% (up from 3.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Reported Earnings • May 03
Full year 2021 earnings released: zł0.27 loss per share (vs zł0.033 loss in FY 2020) Full year 2021 results: zł0.27 loss per share (down from zł0.033 loss in FY 2020). Revenue: zł284.5m (up 14% from FY 2020). Net loss: zł13.4m (loss widened zł11.8m from FY 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 03
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: zł0.051 loss per share (down from zł0.019 profit in 3Q 2020). Revenue: zł83.8m (up 21% from 3Q 2020). Net loss: zł2.55m (down 375% from profit in 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 03
Second quarter 2021 earnings released: zł0.072 loss per share (vs zł0.046 profit in 2Q 2020) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: zł85.9m (up 14% from 2Q 2020). Net loss: zł3.60m (down 256% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 01
Libet S.A. to Report Q1, 2021 Results on May 28, 2021 Libet S.A. announced that they will report Q1, 2021 results on May 28, 2021 Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improved over the past week After last week's 15% share price gain to zł2.43, the stock is trading at a trailing P/E ratio of 40x, up from the previous P/E ratio of 34.7x. This compares to an average P/E of 9x in the Basic Materials industry in Poland. Total returns to shareholders over the past three years are 36%. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 16% share price gain to zł2.41, the stock is trading at a trailing P/E ratio of 39.7x, up from the previous P/E ratio of 34.1x. This compares to an average P/E of 9x in the Basic Materials industry in Poland. Total returns to shareholders over the past three years are 35%. Reported Earnings • Dec 03
Third quarter 2020 earnings released: EPS zł0.019 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: zł69.3m (up 8.7% from 3Q 2019). Net income: zł926.0k (down 51% from 3Q 2019). Profit margin: 1.3% (down from 3.0% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Sep 30
New 90-day high: zł2.50 The company is up 28% from its price of zł1.95 on 02 July 2020. The Polish market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 18% over the same period.