Madkom SA

WSE:MAD Stock Report

Market Cap: zł12.6m

Madkom Past Earnings Performance

Past criteria checks 5/6

Madkom's earnings have been declining at an average annual rate of -2%, while the Software industry saw earnings growing at 13.2% annually. Revenues have been growing at an average rate of 3.1% per year. Madkom's return on equity is 20.9%, and it has net margins of 7.4%.

Key information

-1.98%

Earnings growth rate

-14.58%

EPS growth rate

Software Industry Growth14.28%
Revenue growth rate3.12%
Return on equity20.91%
Net Margin7.39%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Madkom SA's (WSE:MAD) Shares Not Telling The Full Story

Nov 22
Madkom SA's (WSE:MAD) Shares Not Telling The Full Story

Madkom SA's (WSE:MAD) 30% Share Price Surge Not Quite Adding Up

Sep 11
Madkom SA's (WSE:MAD) 30% Share Price Surge Not Quite Adding Up

Is Madkom SA's (WSE:MAD) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Feb 08
Is Madkom SA's (WSE:MAD) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Revenue & Expenses Breakdown

How Madkom makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

WSE:MAD Revenue, expenses and earnings (PLN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 25312190
30 Jun 25231130
31 Mar 25200110
31 Dec 2416-1100
30 Sep 24180110
30 Jun 24210130
31 Mar 24251160
31 Dec 23281180
30 Sep 23281190
30 Jun 23281190
31 Mar 23260180
31 Dec 22260180
30 Sep 22251170
30 Jun 22241170
31 Mar 22221150
31 Dec 21201130
30 Sep 21221150
30 Jun 21210140
31 Mar 21211140
31 Dec 20201130
30 Sep 20171110
30 Jun 20161100
31 Mar 2015090
31 Dec 1914080
30 Sep 1916080
30 Jun 1918280
31 Mar 1918280
31 Dec 1818280
30 Sep 1816170
30 Jun 1812050
31 Mar 1812150
31 Dec 1712150
30 Sep 178140
30 Jun 176040
31 Mar 175-140
31 Dec 163-230
30 Sep 163-230
30 Jun 165-150
31 Mar 168-150
31 Dec 1510060
30 Sep 1512060
30 Jun 1510050
31 Mar 158040
31 Dec 147030

Quality Earnings: MAD has high quality earnings.

Growing Profit Margin: MAD's current net profit margins (7.4%) are higher than last year (0.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MAD's earnings have declined by 2% per year over the past 5 years.

Accelerating Growth: MAD's earnings growth over the past year (3320.7%) exceeds its 5-year average (-2% per year).

Earnings vs Industry: MAD earnings growth over the past year (3320.7%) exceeded the Software industry 43.4%.


Return on Equity

High ROE: MAD's Return on Equity (20.9%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/25 19:24
End of Day Share Price 2025/11/25 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Madkom SA is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.