New Risk • Dec 21New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.5% average weekly change). Negative equity (-zł957k). Revenue is less than US$1m (zł70k revenue, or US$20k). Market cap is less than US$10m (zł5.77m market cap, or US$1.61m). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Large one-off items impacting financial results.
Announcement • Nov 13Munar S.A. to Report Q3, 2025 Results on Nov 14, 2025Munar S.A. announced that they will report Q3, 2025 results on Nov 14, 2025
New Risk • Jun 30New major risk - Revenue and earnings growthRevenue has declined by 52% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Share price has been highly volatile over the past 3 months (26% average weekly change). Negative equity (-zł456k). Revenue has declined by 52% over the past year. Revenue is less than US$1m (zł1.6m revenue, or US$444k). Market cap is less than US$10m (zł7.64m market cap, or US$2.11m).