Aankondiging • Apr 28
Legimi S.A., Annual General Meeting, May 22, 2026 Legimi S.A., Annual General Meeting, May 22, 2026, at 11:00 Central European Standard Time. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to zł28.00, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 24x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 41% over the past three years. Reported Earnings • Mar 26
Full year 2025 earnings released Full year 2025 results: Revenue: zł108.3m (down 9.8% from FY 2024). Net income: zł1.33m (down 51% from FY 2024). Profit margin: 1.2% (down from 2.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. New Risk • Mar 24
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 8.4% 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 (8.4% average weekly change). Market cap is less than US$100m (zł45.2m market cap, or US$12.2m). Reported Earnings • Nov 19
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: zł26.5m (down 16% from 3Q 2024). Net income: zł1.36m (down 61% from 3Q 2024). Profit margin: 5.1% (down from 11% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Aankondiging • Nov 13
Legimi S.A. to Report Q3, 2025 Results on Nov 14, 2025 Legimi S.A. announced that they will report Q3, 2025 results on Nov 14, 2025 Reported Earnings • Aug 18
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: zł27.4m (down 7.9% from 2Q 2024). Net loss: zł409.5k (down 113% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 25
Full year 2024 earnings released Full year 2024 results: Revenue: zł120.2m (up 39% from FY 2023). Net income: zł2.72m (up zł3.09m from FY 2023). Profit margin: 2.3% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to zł43.20, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 21x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to zł39.60, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 15x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to zł42.20, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 15x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 5.5% over the past three years. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to zł47.40, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 17x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to zł47.20, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 19x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 31% over the past three years. Reported Earnings • Aug 14
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: zł29.8m (up 48% from 2Q 2023). Net income: zł3.09m (up zł4.53m from 2Q 2023). Profit margin: 10% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. New Risk • Jul 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 31% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 75% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (31% increase in shares outstanding). Market cap is less than US$100m (zł80.7m market cap, or US$20.7m). Aankondiging • Jun 05
Legimi S.A., Annual General Meeting, Jun 28, 2024 Legimi S.A., Annual General Meeting, Jun 28, 2024. New Risk • Feb 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 76% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (zł44.0m market cap, or US$10.9m). Reported Earnings • Feb 13
Full year 2023 earnings released: zł0.39 loss per share (vs zł0.19 profit in FY 2022) Full year 2023 results: zł0.39 loss per share (down from zł0.19 profit in FY 2022). Revenue: zł173.4m (up 177% from FY 2022). Net loss: zł608.9k (down 312% from profit in FY 2022). Reported Earnings • Nov 19
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: zł22.6m (up 45% from 3Q 2022). Net income: zł834.1k (up 458% from 3Q 2022). Profit margin: 3.7% (up from 1.0% in 3Q 2022). The increase in margin was driven by higher revenue. New Risk • Aug 14
New major risk - Negative shareholders equity The company has negative equity. Total equity: -zł206k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Negative equity (-zł206k). Earnings have declined by 77% per year over the past 5 years. Market cap is less than US$10m (zł29.6m market cap, or US$7.30m). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Reported Earnings • Aug 14
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: zł20.2m (up 36% from 2Q 2022). Net loss: zł1.44m (loss widened zł1.25m from 2Q 2022). Aankondiging • Jun 13
Legimi S.A., Annual General Meeting, Jun 29, 2023 Legimi S.A., Annual General Meeting, Jun 29, 2023, at 09:00 Central European Standard Time. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to zł24.80, the stock trades at a trailing P/E ratio of 63.3x. Average trailing P/E is 21x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 29% over the past year. Reported Earnings • Feb 19
Full year 2022 earnings released: EPS: zł0.41 (vs zł0.71 in FY 2021) Full year 2022 results: EPS: zł0.41 (down from zł0.71 in FY 2021). Revenue: zł62.7m (up 29% from FY 2021). Net income: zł580.9k (down 42% from FY 2021). Profit margin: 0.9% (down from 2.1% in FY 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 15% share price gain to zł15.70, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 23x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 60% over the past year. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 19% share price gain to zł19.00, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 25x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 44% over the past year. Aankondiging • Jun 07
Legimi S.A., Annual General Meeting, Jun 30, 2022 Legimi S.A., Annual General Meeting, Jun 30, 2022, at 11:30 Central European Standard Time. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 19% share price gain to zł24.00, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 35x in the Interactive Media and Services industry in Europe. Reported Earnings • Feb 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: zł0.77 (down from zł1.43 in FY 2020). Revenue: zł48.6m (up 52% from FY 2020). Net income: zł1.09m (down 46% from FY 2020). Profit margin: 2.2% (down from 6.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment deteriorated over the past week After last week's 19% share price decline to zł26.89, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 37x in the Interactive Media and Services industry in Europe. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorated over the past week After last week's 17% share price decline to zł30.00, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 45x in the Interactive Media and Services industry in Europe. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 17% share price gain to zł38.50, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 38x in the Interactive Media and Services industry in Europe. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improved over the past week After last week's 30% share price gain to zł33.80, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 40x in the Interactive Media and Services industry in Europe.