Upcoming Dividend • Jul 03
Upcoming dividend of zł1.30 per share Eligible shareholders must have bought the stock before 10 July 2026. Payment date: 20 July 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.3%). Reported Earnings • Jun 02
First quarter 2026 earnings released: zł0.63 loss per share (vs zł0.34 profit in 1Q 2025) First quarter 2026 results: zł0.63 loss per share (down from zł0.34 profit in 1Q 2025). Revenue: zł555.2m (up 49% from 1Q 2025). Net loss: zł18.6m (down 286% from profit in 1Q 2025). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Declared Dividend • May 20
Dividend of zł1.30 announced Shareholders will receive a dividend of zł1.30. Ex-date: 10th July 2026 Payment date: 20th July 2026 Dividend yield will be 10.0%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 353% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 08
Wirtualna Polska Holding S.A., Annual General Meeting, Jun 02, 2026 Wirtualna Polska Holding S.A., Annual General Meeting, Jun 02, 2026, at 15:00 Central European Standard Time. Announcement • May 02
Wirtualna Polska Holding S.A. announces Annual dividend, payable on July 20, 2026 Wirtualna Polska Holding S.A. announced Annual dividend of PLN 1.3000 per share payable on July 20, 2026, ex-date on July 10, 2026 and record date on July 13, 2026. Announcement • Nov 15
Wirtualna Polska Holding S.A. to Report Q3, 2025 Results on Nov 18, 2025 Wirtualna Polska Holding S.A. announced that they will report Q3, 2025 results on Nov 18, 2025 Announcement • Aug 20
Wirtualna Polska Holding S.A. to Report First Half, 2025 Results on Aug 26, 2025 Wirtualna Polska Holding S.A. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Dec 25
Wirtualna Polska Holding S.A. (WSE:WPL) signed a framework agreement to acquire Invia.cz, a.s. from Rockaway Capital SE, CITIC Europe Holdings a.s. and others in a transaction valued at €240 million. Wirtualna Polska Holding S.A. (WSE:WPL) signed a framework agreement to acquire Invia.cz, a.s. from Rockaway Capital SE, CITIC Europe Holdings a.s. and others in a transaction valued at €240 million on December 23, 2024. The transaction will result in the acquisition of 100% stake in Invia for the purchase price of nearly €240 million, which may be increased by the net cash increment up to the closing date of the transaction. The closing of the transaction is subject to the satisfaction of certain conditions precedent, including the approval of the concentration by the President of the Office of Competition and Consumer Protection in Poland, Regulatory approvals and the approval of the Shanghai United Assets and Equity Exchange to be granted to the buyer under the regulations of the People's Republic of China. For the period ending September 30, 2024, Invia.cz, a.s. reported total revenue of €183 million and EBITDA of €37 million. Reported Earnings • Aug 28
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: zł380.8m (up 5.9% from 2Q 2023). Net income: zł16.8m (down 47% from 2Q 2023). Profit margin: 4.4% (down from 8.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 10% per year. Upcoming Dividend • Jul 12
Upcoming dividend of zł2.00 per share Eligible shareholders must have bought the stock before 19 July 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.5%). Reported Earnings • May 22
First quarter 2024 earnings released First quarter 2024 results: Revenue: zł349.8m (up 13% from 1Q 2023). Net income: zł16.7m (up 16% from 1Q 2023). Profit margin: 4.8% (up from 4.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Interactive Media and Services industry in Europe. Announcement • Mar 26
Wirtualna Polska Holding Proposes Dividend for the Year 2023, Payable on July 26, 2024 Wirtualna Polska Holding wanted to pay from its net profit for the year 2023 and retained earnings a maximum dividend of PLN 60 million (EUR 13.9 million), which amounts to a dividend of PLN 2 (EUR 0.46) per share. The management board wanted to allocate the net profit for 2023 in the amount of PLN 42.8 million (EUR 9.9 million) and the amount of PLN 17.2 million (EUR 3.9 million) coming from retained earnings from previous periods for dividend payment. The management board wanted to allocate an amount of up to PLN 60 million (EUR 13.9 million) in total for the payment of dividends to the company's shareholders. At the same time, the dividend amount per share will be rounded down to the nearest penny. The difference between the amount indicated above and the dividend amount to which shareholders are entitled, taking into account such rounding off, will be credited to the company's supplementary capital. The Board of Directors announced to set the record date as July 22, 2024 and the dividend payment date as July 26, 2024. The final decision on the distribution of the company's profit will be taken by the company's annual general meeting. New Risk • Nov 22
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 54% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (54% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin). Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: zł1.14 (vs zł1.57 in 2Q 2022) Second quarter 2023 results: EPS: zł1.14 (down from zł1.57 in 2Q 2022). Revenue: zł359.6m (up 35% from 2Q 2022). Net income: zł31.9m (down 30% from 2Q 2022). Profit margin: 8.9% (down from 17% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Interactive Media and Services industry in Germany. Upcoming Dividend • Jun 26
Upcoming dividend of zł2.50 per share at 2.2% yield Eligible shareholders must have bought the stock before 03 July 2023. Payment date: 11 July 2023. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.0%). Reported Earnings • May 28
First quarter 2023 earnings released First quarter 2023 results: Revenue: zł310.5m (up 46% from 1Q 2022). Net income: zł14.4m (down 67% from 1Q 2022). Profit margin: 4.6% (down from 20% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Interactive Media and Services industry in Europe. Announcement • May 27
Wirtualna Polska Holding S.A., Annual General Meeting, Jun 21, 2023 Wirtualna Polska Holding S.A., Annual General Meeting, Jun 21, 2023, at 11:00 Central European Standard Time. Reported Earnings • Apr 15
Full year 2022 earnings released Full year 2022 results: Revenue: zł1.08b (up 24% from FY 2021). Net income: zł170.5m (down 6.7% from FY 2021). Profit margin: 16% (down from 21% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Interactive Media and Services industry in Europe. Announcement • Dec 03
Wirtualna Polska Holding S.A. (WSE:WPL) completed the acquisition of 44.5% stake in Selsey Polska Sp. Z O.O. for PLN 32.9 million. Wirtualna Polska Holding S.A. (WSE:WPL) entered into a preliminary conditional deal to acquire a 44.5% stake in Selsey Polska Sp. Z O.O. for PLN 32.9 million on October 17, 2022.
Wirtualna Polska Holding S.A. (WSE:WPL) completed the acquisition of 44.5% stake in Selsey Polska Sp. Z O.O. on December 1, 2022. Reported Earnings • Nov 24
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: zł270.9m (up 20% from 3Q 2021). Net income: zł48.9m (down 8.4% from 3Q 2021). Profit margin: 18% (down from 24% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Interactive Media and Services industry in Europe. Announcement • Oct 18
Wirtualna Polska Holding S.A. (WSE:WPL) entered into a conditional deal to acquire a 44.5% stake in Selsey Polska Sp. Z O.O. for transaction valued at PLN 32.9 million. Wirtualna Polska Holding S.A. (WSE:WPL) entered into a preliminary conditional deal to acquire a 44.5% stake in Selsey Polska Sp. Z O.O. for transaction valued at PLN 32.9 million on October 17, 2022. Announcement • Sep 13
Wirtualna Polska Holding S.A. (WSE:WPL) acquired Szallas Group for €82 million. Wirtualna Polska Holding S.A. (WSE:WPL) acquired Szallas Group for €82 million on September 12, 2022.
Wirtualna Polska Holding S.A. (WSE:WPL) completed the acquisition of Szallas Group on September 12, 2022. Reported Earnings • Aug 24
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: zł266.6m (up 22% from 2Q 2021). Net income: zł45.8m (up 11% from 2Q 2021). Profit margin: 17% (down from 19% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.0%, compared to a 16% growth forecast for the Interactive Media and Services industry in Germany. Upcoming Dividend • Jun 24
Upcoming dividend of zł1.20 per share Eligible shareholders must have bought the stock before 01 July 2022. Payment date: 12 July 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.2%). Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €16.42, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 29% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €30.39 per share. Announcement • May 31
Wirtualna Polska Holding S.A., Annual General Meeting, Jun 24, 2022 Wirtualna Polska Holding S.A., Annual General Meeting, Jun 24, 2022, at 12:00 Central European Standard Time. Reported Earnings • May 20
First quarter 2022 earnings released: EPS: zł1.48 (vs zł0.91 in 1Q 2021) First quarter 2022 results: EPS: zł1.48 (up from zł0.91 in 1Q 2021). Revenue: zł213.2m (up 19% from 1Q 2021). Net income: zł43.4m (up 64% from 1Q 2021). Profit margin: 20% (up from 15% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.6%, compared to a 25% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 19% share price gain to €26.25, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 25x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 25% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €34.34 per share. Reported Earnings • Nov 18
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: zł225.1m (up 47% from 3Q 2020). Net income: zł53.4m (up 113% from 3Q 2020). Profit margin: 24% (up from 16% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Aug 25
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł218.2m (up 97% from 2Q 2020). Net income: zł41.1m (up 476% from 2Q 2020). Profit margin: 19% (up from 6.4% in 2Q 2020). The increase in margin was driven by higher revenue. Announcement • Jul 07
Wirtualna Polska Holding S.A. (WSE:WPL) entered into a contract to acquire 3-megawatt Solar Farm in Lower Silesia for PLN 12.4 million. Wirtualna Polska Holding S.A. (WSE:WPL) entered into a contract to acquire 3-megawatt Solar Farm in Lower Silesia for PLN 12.4 million on July 2, 2021. Reported Earnings • May 24
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł178.9m (up 19% from 1Q 2020). Net income: zł26.5m (up 285% from 1Q 2020). Profit margin: 15% (up from 4.6% in 1Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Apr 01
Full year 2020 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: zł632.3m (down 11% from FY 2019). Net income: zł78.5m (up 14% from FY 2019). Profit margin: 12% (up from 9.7% in FY 2019). The increase in margin was driven by lower expenses. 
