Reported Earnings • Jul 01
Full year 2026 earnings released: EPS: zł0.34 (vs zł0.51 in FY 2025) Full year 2026 results: EPS: zł0.34 (down from zł0.51 in FY 2025). Revenue: zł146.7m (down 23% from FY 2025). Net income: zł1.36m (down 33% from FY 2025). Profit margin: 0.9% (down from 1.1% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. New Risk • Mar 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 175% Market cap is less than US$10m (zł24.0m market cap, or US$6.50m). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Reported Earnings • Mar 05
Third quarter 2026 earnings released Third quarter 2026 results: Revenue: zł54.2m (down 5.7% from 3Q 2025). Net income: zł2.19m (up 99% from 3Q 2025). Profit margin: 4.0% (up from 1.9% in 3Q 2025). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to zł5.15, the stock trades at a trailing P/E ratio of 41.6x. Average trailing P/E is 19x in the IT industry in Poland. Total returns to shareholders of 49% over the past three years. Reported Earnings • Dec 17
Second quarter 2026 earnings released Second quarter 2026 results: Revenue: zł29.3m (down 34% from 2Q 2025). Net income: zł315.0k (down 62% from 2Q 2025). Profit margin: 1.1% (down from 1.9% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Duyuru • Sep 30
Betacom S.A. announces Annual dividend, payable on December 16, 2025 Betacom S.A. announced Annual dividend of PLN 0.1500 per share payable on December 16, 2025, ex-date on October 02, 2025 and record date on October 03, 2025. Upcoming Dividend • Sep 25
Upcoming dividend of zł0.37 per share Eligible shareholders must have bought the stock before 02 October 2025. Payment date: 17 October 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.0%. Lower than top quartile of Polish dividend payers (7.1%). Higher than average of industry peers (3.0%). Reported Earnings • Aug 31
First quarter 2026 earnings released: zł0.16 loss per share (vs zł0.11 profit in 1Q 2025) First quarter 2026 results: zł0.16 loss per share (down from zł0.11 profit in 1Q 2025). Revenue: zł30.2m (down 36% from 1Q 2025). Net loss: zł593.0k (down 234% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 20
Betacom S.A. to Report Q1, 2026 Results on Aug 28, 2025 Betacom S.A. announced that they will report Q1, 2026 results on Aug 28, 2025 Reported Earnings • Jul 02
Full year 2025 earnings released: EPS: zł0.39 (vs zł0.38 in FY 2024) Full year 2025 results: EPS: zł0.39 (up from zł0.38 in FY 2024). Revenue: zł190.6m (up 7.7% from FY 2024). Net income: zł2.05m (up 35% from FY 2024). Profit margin: 1.1% (up from 0.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to zł5.20, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 19x in the IT industry in Poland. Total returns to shareholders of 67% over the past three years. Reported Earnings • Mar 05
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: zł57.5m (down 8.7% from 3Q 2024). Net income: zł1.10m (up 29% from 3Q 2024). Profit margin: 1.9% (up from 1.4% in 3Q 2024). The increase in margin was driven by lower expenses. Reported Earnings • Dec 11
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: zł44.1m (up 20% from 2Q 2024). Net income: zł824.0k (up 68% from 2Q 2024). Profit margin: 1.9% (up from 1.3% in 2Q 2024). The increase in margin was driven by higher revenue. Upcoming Dividend • Sep 01
Upcoming dividend of zł0.30 per share Eligible shareholders must have bought the stock before 05 September 2024. Payment date: 20 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.3%. Lower than top quartile of Polish dividend payers (7.6%). Higher than average of industry peers (2.4%). Reported Earnings • Aug 30
First quarter 2025 earnings released: EPS: zł0.06 (vs zł0.20 in 1Q 2024) First quarter 2025 results: EPS: zł0.06 (down from zł0.20 in 1Q 2024). Revenue: zł47.3m (up 2.2% from 1Q 2024). Net income: zł444.0k (down 45% from 1Q 2024). Profit margin: 0.9% (down from 1.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 28
Upcoming dividend of zł0.25 per share Eligible shareholders must have bought the stock before 03 September 2024. Payment date: 18 September 2024. Payout ratio is a comfortable 66% but the company is paying out more than the cash it is generating. Trailing yield: 5.2%. Lower than top quartile of Polish dividend payers (7.6%). Higher than average of industry peers (2.4%). Duyuru • Aug 06
Betacom S.A. announces Annual dividend, payable on September 18, 2024 Betacom S.A. announced Annual dividend of PLN 0.2500 per share payable on September 18, 2024, ex-date on September 03, 2024 and record date on September 04, 2024. Duyuru • Aug 05
Betacom S.A., Annual General Meeting, Aug 29, 2024 Betacom S.A., Annual General Meeting, Aug 29, 2024, at 12:00 Central European Standard Time. Location: ul polczynska 31a, warsaw Poland New Risk • Jul 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (zł17.5m market cap, or US$4.43m). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 9x cash flows per share). Share price has been volatile over the past 3 months (6.5% average weekly change). Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to zł4.40, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 16x in the IT industry in Poland. Total returns to shareholders of 7.9% over the past three years. Reported Earnings • Jul 02
Full year 2024 earnings released Full year 2024 results: Revenue: zł176.9m (up 21% from FY 2023). Net income: zł1.52m (up zł1.46m from FY 2023). Profit margin: 0.9% (up from 0% in FY 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to zł5.95, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 12x in the IT industry in Poland. Total returns to shareholders of 35% over the past three years. Reported Earnings • Mar 03
Third quarter 2024 earnings released: EPS: zł0.14 (vs zł0.23 in 3Q 2023) Third quarter 2024 results: EPS: zł0.14 (down from zł0.23 in 3Q 2023). Revenue: zł62.9m (up 8.3% from 3Q 2023). Net income: zł850.0k (down 9.8% from 3Q 2023). Profit margin: 1.4% (down from 1.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 08
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: zł36.9m (up 22% from 2Q 2023). Net income: zł491.0k (up zł1.56m from 2Q 2023). Profit margin: 1.3% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Upcoming Dividend • Sep 20
Upcoming dividend of zł0.15 per share at 3.2% yield Eligible shareholders must have bought the stock before 27 September 2023. Payment date: 12 October 2023. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Polish dividend payers (7.9%). In line with average of industry peers (3.3%). Reported Earnings • Aug 30
First quarter 2024 earnings released: EPS: zł0.31 (vs zł0.057 in 1Q 2023) First quarter 2024 results: EPS: zł0.31 (up from zł0.057 in 1Q 2023). Revenue: zł46.3m (up 55% from 1Q 2023). Net income: zł808.0k (up 248% from 1Q 2023). Profit margin: 1.7% (up from 0.8% in 1Q 2023). The increase in margin was driven by higher revenue. Duyuru • Aug 30
Betacom S.A., Annual General Meeting, Sep 21, 2023 Betacom S.A., Annual General Meeting, Sep 21, 2023, at 12:00 Central European Standard Time. New Risk • Jul 07
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.04% Last year net profit margin: 1.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. Market cap is less than US$10m (zł20.2m market cap, or US$4.96m). Minor Risks Dividend is not well covered by earnings (168% payout ratio). Profit margins are more than 30% lower than last year (0.04% net profit margin). Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to zł10.00, the stock trades at a trailing P/E ratio of 46.7x. Average trailing P/E is 17x in the IT industry in Poland. Total returns to shareholders of 8.7% over the past three years. Reported Earnings • Mar 06
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: zł58.1m (up 74% from 3Q 2022). Net income: zł942.0k (up 283% from 3Q 2022). Profit margin: 1.6% (up from 0.7% in 3Q 2022). Reported Earnings • Dec 07
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: zł30.3m (down 15% from 2Q 2022). Net loss: zł1.07m (down 324% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year and the company’s share price has also fallen by 9% per year. Upcoming Dividend • Sep 26
Upcoming dividend of zł0.18 per share Eligible shareholders must have bought the stock before 03 October 2022. Payment date: 18 October 2022. Trailing yield: 2.6%. Lower than top quartile of Polish dividend payers (9.2%). Lower than average of industry peers (3.8%). Duyuru • Sep 02
Betacom S.A., Annual General Meeting, Sep 27, 2022 Betacom S.A., Annual General Meeting, Sep 27, 2022, at 12:00 Central European Standard Time. Is New 90 Day High Low • Feb 10
New 90-day low: zł9.00 The company is down 15% from its price of zł10.55 on 12 November 2020. The Polish market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 3.0% over the same period. Is New 90 Day High Low • Jan 22
New 90-day low: zł9.10 The company is down 19% from its price of zł11.25 on 23 October 2020. The Polish market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 2.0% over the same period. Is New 90 Day High Low • Dec 23
New 90-day low: zł9.26 The company is down 12% from its price of zł10.50 on 24 September 2020. The Polish market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 7.0% over the same period.