New Risk • Jul 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (38% accrual ratio). Market cap is less than US$10m (zł5.14m market cap, or US$1.36m). Minor Risk Revenue is less than US$5m (zł9.6m revenue, or US$2.6m). Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to zł4.20, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 13x in the Entertainment industry in Poland. Total loss to shareholders of 56% over the past three years. New Risk • Jun 05
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 38% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (38% accrual ratio). Market cap is less than US$10m (zł6.98m market cap, or US$1.91m). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Revenue is less than US$5m (zł9.6m revenue, or US$2.6m). Announcement • May 26
Simteract S.A., Annual General Meeting, Jun 17, 2026 Simteract S.A., Annual General Meeting, Jun 17, 2026, at 12:00 Central European Standard Time. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to zł5.60, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 11x in the Entertainment industry in Poland. Total loss to shareholders of 56% over the past three years. Announcement • Feb 11
Simteract S.A. to Report Q4, 2025 Results on Feb 13, 2026 Simteract S.A. announced that they will report Q4, 2025 results on Feb 13, 2026 Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to zł6.80, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 12x in the Entertainment industry in Poland. Total loss to shareholders of 39% over the past three years. Announcement • Nov 12
Simteract S.A. to Report Q3, 2025 Results on Nov 14, 2025 Simteract S.A. announced that they will report Q3, 2025 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to zł6.30, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 14x in the Entertainment industry in Poland. Total loss to shareholders of 56% over the past three years. Reported Earnings • Aug 19
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: zł2.71m (up 121% from 2Q 2024). Net loss: zł309.1k (loss narrowed 55% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to zł5.30, the stock trades at a trailing P/E ratio of 55.6x. Average trailing P/E is 14x in the Entertainment industry in Poland. Total loss to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to zł6.10, the stock trades at a trailing P/E ratio of 64x. Average trailing P/E is 14x in the Entertainment industry in Poland. Total loss to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to zł6.35, the stock trades at a trailing P/E ratio of 66.6x. Average trailing P/E is 14x in the Entertainment industry in Poland. Total loss to shareholders of 65% over the past three years. New Risk • Aug 19
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (zł13.3m market cap, or US$3.45m). Minor Risk Revenue is less than US$5m (zł6.8m revenue, or US$1.8m). Reported Earnings • Aug 13
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: zł1.23m (down 23% from 2Q 2023). Net loss: zł679.1k (loss widened zł618.6k from 2Q 2023). Announcement • May 31
Simteract S.A., Annual General Meeting, Jun 27, 2024 Simteract S.A., Annual General Meeting, Jun 27, 2024. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to zł13.20, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 26x in the Entertainment industry in Poland. Total loss to shareholders of 45% over the past three years. Reported Earnings • May 12
First quarter 2024 earnings released First quarter 2024 results: Revenue: zł1.84m (up 14% from 1Q 2023). Net income: zł252.2k (up zł238.8k from 1Q 2023). Profit margin: 14% (up from 0.8% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 51% After last week's 51% share price gain to zł13.90, the stock trades at a trailing P/E ratio of 74.2x. Average trailing P/E is 21x in the Entertainment industry in Poland. Total loss to shareholders of 40% over the past three years. New Risk • Mar 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (zł12.5m market cap, or US$3.17m). Minor Risk Revenue is less than US$5m (zł7.0m revenue, or US$1.8m). Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to zł10.20, the stock trades at a trailing P/E ratio of 54.4x. Average trailing P/E is 19x in the Entertainment industry in Poland. Total loss to shareholders of 56% over the past three years. Reported Earnings • Feb 11
Full year 2023 earnings released: EPS: zł0.19 (vs zł0.093 in FY 2022) Full year 2023 results: EPS: zł0.19 (up from zł0.093 in FY 2022). Revenue: zł6.97m (up 4.9% from FY 2022). Net income: zł229.3k (up 102% from FY 2022). Profit margin: 3.3% (up from 1.7% in FY 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to zł14.00, the stock trades at a trailing P/E ratio of 47.9x. Average trailing P/E is 22x in the Entertainment industry in Poland. Total returns to shareholders of 13% over the past year. Reported Earnings • Nov 19
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: zł1.36m (down 56% from 3Q 2022). Net income: zł31.3k (down 87% from 3Q 2022). Profit margin: 2.3% (down from 7.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to zł9.25, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 25x in the Entertainment industry in Poland. Total loss to shareholders of 15% over the past year. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to zł7.80, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 25x in the Entertainment industry in Poland. Total loss to shareholders of 30% over the past year. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to zł11.70, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 25x in the Entertainment industry in Poland. Total loss to shareholders of 18% over the past year. Reported Earnings • Aug 14
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: zł1.60m (up 304% from 2Q 2022). Net loss: zł60.6k (loss narrowed 67% from 2Q 2022). Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to zł8.45, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 21x in the Entertainment industry in Poland. Total loss to shareholders of 53% over the past year. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to zł8.35, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 20x in the Entertainment industry in Poland. Total returns to shareholders of 4.4% over the past year. Announcement • May 31
Simteract S.A., Annual General Meeting, Jun 26, 2023 Simteract S.A., Annual General Meeting, Jun 26, 2023, at 14:00 Central European Standard Time. Board Change • May 12
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Grzegorz Ociepka was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 19
Full year 2022 earnings released: EPS: zł0.093 (vs zł0.25 in FY 2021) Full year 2022 results: EPS: zł0.093 (down from zł0.25 in FY 2021). Revenue: zł6.65m (up 69% from FY 2021). Net income: zł113.7k (down 63% from FY 2021). Profit margin: 1.7% (down from 7.7% in FY 2021). The decrease in margin was driven by higher expenses. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Member of Supervisory Board Grzegorz Ociepka was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 25
Simteract S.A., Annual General Meeting, Jun 22, 2022 Simteract S.A., Annual General Meeting, Jun 22, 2022, at 10:00 Central European Standard Time. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Pawel Szydlowski was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 19% share price decline to zł13.00, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 16x in the Entertainment industry in Poland. Total loss to shareholders of 49% over the past year. Reported Earnings • Feb 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: zł259 (up from zł0.44 in FY 2020). Revenue: zł3.95b (up zł3.94b from FY 2020). Net income: zł317.5m (up zł317.0m from FY 2020). Profit margin: 8.0% (down from 17% 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 • Sep 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to zł16.51, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 24x in the Entertainment industry in Poland. Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment deteriorated over the past week After last week's 17% share price decline to zł20.00, the stock trades at a trailing P/E ratio of 75.6x. Average trailing P/E is 23x in the Entertainment industry in Poland. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 17% share price gain to zł20.40, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 28x in the Entertainment industry in Poland.