New Risk • May 13
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). Earnings have declined by 62% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (zł25.5m market cap, or US$7.05m). Announcement • Nov 12
Global Hydrogen S.A. to Report Q3, 2025 Results on Nov 14, 2025 Global Hydrogen S.A. announced that they will report Q3, 2025 results on Nov 14, 2025 New Risk • Mar 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m (zł1.6m revenue, or US$397k). Market cap is less than US$10m (zł24.6m market cap, or US$6.09m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). New Risk • Jul 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: zł38.0m (US$9.74m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 49% per year over the past 5 years. Revenue is less than US$1m (zł1.6m revenue, or US$398k). Market cap is less than US$10m (zł38.0m market cap, or US$9.74m). Announcement • Jul 10
Global Hydrogen S.A., Annual General Meeting, Aug 05, 2024 Global Hydrogen S.A., Annual General Meeting, Aug 05, 2024, at 11:00 Central European Standard Time. Location: ul bukowinska 21 25, warsaw Poland Announcement • Jun 05
Global Hydrogen S.A., Annual General Meeting, Jun 27, 2024 Global Hydrogen S.A., Annual General Meeting, Jun 27, 2024. Announcement • Jun 13
Global Hydrogen S.A., Annual General Meeting, Jun 30, 2023 Global Hydrogen S.A., Annual General Meeting, Jun 30, 2023, at 10:30 Central European Standard Time. Announcement • Feb 12
Global Hydrogen S.A. to Report Fiscal Year 2022 Results on Mar 16, 2023 Global Hydrogen S.A. announced that they will report fiscal year 2022 results on Mar 16, 2023 Reported Earnings • Aug 20
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: zł1.71m (down 25% from 2Q 2021). Net loss: zł232.8k (down 216% from profit in 2Q 2021). Announcement • May 20
Teliani Valley Polska S.A., Annual General Meeting, Jun 13, 2022 Teliani Valley Polska S.A., Annual General Meeting, Jun 13, 2022, at 12:00 Central European Standard Time. Announcement • May 19
mPower Green Tech agreed to acquire Teliani Valley Polska S.A. (WSE:TLV) in a reverse merger transaction for PLN 19 million. mPower Green Tech agreed to acquire Teliani Valley Polska S.A. (WSE:TLV) in a reverse merger transaction for PLN 19 million on May 17, 2022. Reported Earnings • May 19
First quarter 2022 earnings released First quarter 2022 results: Revenue: zł1.70m (down 25% from 1Q 2021). Net loss: zł245.9k (down 226% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 137% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to zł7.60, the stock trades at a trailing P/E ratio of 76.2x. Average trailing P/E is 11x in the Retail Distributors industry in Poland. Total returns to shareholders of 1,203% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 44% share price gain to zł4.18, the stock trades at a trailing P/E ratio of 47.5x. Average trailing P/E is 10x in the Retail Distributors industry in Poland. Total returns to shareholders of 681% over the past three years. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorated over the past week After last week's 26% share price decline to zł1.25, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 10x in the Retail Distributors industry in Poland. Total returns to shareholders of 108% over the past three years. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 18% share price gain to zł1.34, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 11x in the Retail Distributors industry in Poland. Total returns to shareholders of 119% over the past three years. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improved over the past week After last week's 16% share price gain to zł1.25, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 11x in the Retail Distributors industry in Poland. Total returns to shareholders of 108% over the past three years. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 18% share price gain to zł1.18, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 11x in the Retail Distributors industry in Poland. Total returns to shareholders of 93% over the past three years. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment deteriorated over the past week After last week's 16% share price decline to zł1.02, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 14x in the Retail Distributors industry in Poland. Total returns to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 17% share price gain to zł1.20, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 12x in the Retail Distributors industry in Poland. Total returns to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improved over the past week After last week's 27% share price gain to zł1.32, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 13x in the Retail Distributors industry in Poland. Total returns to shareholders of 57% over the past three years. Upcoming Dividend • May 28
Upcoming dividend of zł0.02 per share Eligible shareholders must have bought the stock before 04 June 2021. Payment date: 30 June 2021. Trailing yield: 1.8%. Lower than top quartile of Polish dividend payers (5.9%). Higher than average of industry peers (1.2%). Reported Earnings • May 21
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: zł2.25m (up 23% from 1Q 2020). Net income: zł195.5k (up 31% from 1Q 2020). Profit margin: 8.7% (up from 8.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 24% share price gain to zł1.18, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 15x in the Retail Distributors industry in Poland. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improved over the past week After last week's 21% share price gain to zł1.14, the stock is trading at a trailing P/E ratio of 12.4x, up from the previous P/E ratio of 10.3x. This compares to an average P/E of 14x in the Retail Distributors industry in Poland. Total returns to shareholders over the past three years are 43%. Is New 90 Day High Low • Mar 05
New 90-day high: zł1.14 The company is up 49% from its price of zł0.77 on 04 December 2020. The Polish market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 31% over the same period. Is New 90 Day High Low • Feb 05
New 90-day high: zł0.95 The company is up 40% from its price of zł0.68 on 06 November 2020. The Polish market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 35% over the same period. Announcement • Feb 01
Teliani Valley Polska S.A. to Report Q2, 2021 Results on Aug 16, 2021 Teliani Valley Polska S.A. announced that they will report Q2, 2021 results on Aug 16, 2021 Valuation Update With 7 Day Price Move • Oct 22
Market bids up stock over the past week After last week's 25% share price gain to zł1.01, the stock is trading at a trailing P/E ratio of 11x, up from the previous P/E ratio of 8.8x. This compares to an average P/E of 12x in the Retail Distributors industry in Poland. Total return to shareholders over the past three years is a loss of 5.0%. Is New 90 Day High Low • Oct 14
New 90-day high: zł0.82 The company is up 21% from its price of zł0.68 on 16 July 2020. The Polish market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 9.0% over the same period.