| CONSOLIDATED QUARTERLY REPORT IN PLN THOUSANDS | I Q 2025 (04-06.2025) | IV Q 2024 (01-03.2025) | III Q 2024 (10-12.2024) | II Q 2024 (07-09.2024) | I Q 2024 (04-06.2024) |
|---|---|---|---|---|---|
| Net revenue from sales of products, goods, materials and services | 269 938 | 328 958 | 293 552 | 228 096 | 250 806 |
| Gross profit on sales | 101 128 | 118 988 | 106 956 | 77 425 | 82 378 |
| Profit (loss) on operating activities | 23 715 | 35 705 | 21 865 | 4 782 | 9 136 |
| Profit (loss) before tax | 16 604 | 34 578 | 19 516 | 15 808 | -8 207 |
| Profit (loss) for the period attributable to shareholders of the Parent Compan | 11 241 | 28 419 | 19 533 | 13 434 | -11 395 |
| Number of shares | 23 930 769 | 23 930 769 | 23 930 769 | 23 930 769 | 23 930 769 |
| Profit (loss) per ordinary share attributable to shareholders of the Parent Company (PLN/ EUR) | 0,47 | 1,20 | 0,81 | 0,57 | -0,48 |
| Net cash flows from operating activities | 43 034 | 25 870 | 39 725 | 15 370 | 28 253 |
| Net cash flow from investing activities | -5 005 | 6 641 | -2 417 | -1 715 | 3 198 |
| Net cash flow from financing activities | -44 004 | -22 713 | -16 335 | 51 261 | -43 314 |
| Net increase/decrease in cash and cash equivalents | -5 700 | 9 525 | 20 878 | 64 935 | -11 758 |
| Total assets | 1 411 584 | 1 480 510 | 1 470 321 | 1 478 697 | 1 409 462 |
| Total liabilities | 496 488 | 550 810 | 557 514 | 571 224 | 513 889 |
| Non-current liabilities | 282 588 | 305 500 | 334 758 | 349 213 | 62 218 |
| Current liabilities | 213 900 | 245 310 | 222 757 | 222 012 | 451 671 |
| Equity (attributable to shareholders of the Parent Company) | 913 359 | 927 955 | 910 876 | 905 535 | 893 629 |
| Share capital | 23 931 | 23 931 | 23 931 | 23 931 | 23 931 |
| Book value per share (PLN/EUR) | 38,17 | 38,78 | 38,06 | 37,84 | 37,34 |
| EBIT | 23 715 | 35 705 | 21 865 | 4 782 | 9 136 |
| EBITDA | 37 667 | 49 635 | 35 761 | 18 788 | 23 130 |
| Gross margin on sales % | 37,5% | 36,2% | 36,4% | 33,9% | 32,8% |
| Return on sales (ROS) % | 4,2% | 8,6% | 6,7% | 5,9% | -4,5% |
| Return on equity (ROE) net profit / equity % | 1,2% | 3,1% | 2,1% | 1,5% | -1,3% |
| Return on assets (ROA) net profit/ total assets % | 0,8% | 1,9% | 1,3% | 0,9% | -0,8% |
| CONSOLIDATED HALF-YEAR REPORT IN THOUSANDS OF PLN | II H 2024 (10.24-03.25) | I H 2024 (04-09.2024) | I H 2023 (10.2023-03.2024) | I H 2023 (04-09.2023) | II H 2022 (01-06.2022) |
|---|---|---|---|---|---|
| Net revenue from sales of products, goods, materials and services | 622 510 | 478 902 | 555 003 | 475 666 | 585 246 |
| Gross profit on sales | 225 944 | 159 803 | 165 847 | 143 857 | 171 248 |
| Profit (loss) on operating activities | 57 570 | 13 918 | 9 425 | -11 892 | 33 447 |
| Profit (loss) before tax | 54 094 | 7 601 | 7 212 | -21 860 | 20 926 |
| Profit (loss) for the period attributable to shareholders of the Parent Compan | 47 952 | 2 039 | 9 348 | -70 127 | 12 584 |
| Number of shares | 23 930 769 | 23 930 769 | 23 930 769 | 23 930 769 | 23 930 769 |
| Profit (loss) per ordinary share attributable to shareholders of the Parent Company (PLN/ EUR) | 2,01 | 0,09 | 0,39 | -2,93 | 0,53 |
| Net cash flows from operating activities | 65 595 | 43 623 | 48 970 | 52 882 | 59 352 |
| Net cash flow from investing activities | 4 224 | 1 483 | -2 709 | -34 149 | 3 017 |
| Net cash flow from financing activities | -39 048 | 7 947 | -31 614 | -31 541 | -75 737 |
| Net increase/decrease in cash and cash equivalents | 30 403 | 53 177 | 14 371 | -12 793 | -13 268 |
| Total assets | 1 480 510 | 1 478 697 | 1 438 382 | 1 418 657 | 1 481 119 |
| Total liabilities | 550 810 | 571 224 | 528 607 | 580 474 | 623 024 |
| Non-current liabilities | 305 500 | 349 213 | 59 842 | 141 189 | 310 693 |
| Current liabilities | 245 310 | 222 012 | 468 765 | 439 285 | 312 331 |
| Equity (attributable to shareholders of the Parent Company) | 927 955 | 905 535 | 907 829 | 836 092 | 855 752 |
| Share capital | 23 931 | 23 931 | 23 931 | 23 931 | 23 931 |
| Book value per share (PLN/EUR) | 38,78 | 37,84 | 37,94 | 34,94 | 35,76 |
| EBIT | 57 570 | 13 918 | 9 425 | -11 892 | 33 447 |
| EBITDA | 85 396 | 41 918 | 37 277 | 15 510 | 61 153 |
| Gross margin on sales % | 36,3% | 33,4% | 29,9% | 30,24% | 29,26% |
| Return on sales (ROS) % | 7,7% | 0,4% | 1,7% | -14,74% | 2,15% |
| Return on equity (ROE) net profit / equity % | 5,2% | 0,2% | 1,0% | -8,39% | 1,47% |
| Return on assets (ROA) net profit/ total assets % | 3,2% | 0,1% | 0,6% | -4,94% | 0,85% |
| CONSOLIDATED ANNUAL REPORT IN THOUSANDS OF PLN | 12 m-cy 2024 01.04.2024-31.03.2025 | 12 m-cy 2023 01.04.2023-31.03.2024* | 15 m-cy 2022 01.01.2022-31.03.2023* | 12 m-cy 2022 01.01.2022-31.12.2022 | 2021 |
|---|---|---|---|---|---|
| Net revenue from sales of products, goods, materials and services | 1 101 412 | 1 030 669 | 1 598 422 | 1 273 944 | 1 326 909 |
| Gross profit on sales | 385 747 | 309 704 | 507 948 | 412 917 | 543 323 |
| Profit (loss) on operating activities | 71 488 | -2 467 | 98 426 | 88 179 | 178 592 |
| Profit (loss) before tax | 61 695 | -14 648 | 68 064 | 62 251 | 151 797 |
| Profit (loss) for the period attributable to shareholders of the Parent Compan | 49 991 | -60 779 | 87 642 | 89 544 | 110 829 |
| Number of shares | 23 930 769 | 23 930 769 | 23 930 769 | 23 930 769 | 23 930 769 |
| Profit (loss) per ordinary share attributable to shareholders of the Parent Company (PLN/ EUR) | 2,10 | -2,54 | 3,66 | 3,73 | 4,63 |
| Net cash flows from operating activities | 109 218 | 101 852 | 33 534 | 11 596 | 146 367 |
| Net cash flow from investing activities | 5 707 | -36 858 | -19 513 | -16 746 | -39 300 |
| Net cash flow from financing activities | -31 101 | -63 155 | -13 401 | -3 980 | -166 314 |
| Net increase/decrease in cash and cash equivalents | 83 580 | 1 578 | 757 | -8 975 | -59 440 |
| Total assets | 1 480 510 | 1 449 755 | 1 496 103 | 1 481 119 | 1 437 464 |
| Total liabilities | 550 810 | 539 980 | 614 105 | 623 024 | 642 621 |
| Non-current liabilities | 305 500 | 71 215 | 284 202 | 310 693 | 319 022 |
| Current liabilities | 245 310 | 468 765 | 329 903 | 312 331 | 323 599 |
| Equity (attributable to shareholders of the Parent Company) | 927 955 | 907 829 | 879 877 | 855 752 | 792 215 |
| Share capital | 23 931 | 23 931 | 23 931 | 23 931 | 23 931 |
| Book value per share (PLN/EUR) | 38,78 | 37,94 | 36,77 | 35,75 | 33,10 |
| EBIT | 71488 | -2 467 | 98 426 | 88 179 | 178592 |
| EBITDA | 127314 | 52 787 | 167 135 | 143 574 | 233277 |
| Gross margin on sales % | 35,0% | 30,0% | 31,77% | 32,41% | 40,9% |
| Return on sales (ROS) % | 4,5% | -5,9% | 5,48% | 7,03% | 8,4% |
| Return on equity (ROE) net profit / equity % | 5,4% | -6,7% | 9,96% | 10,46% | 14,0% |
| Return on assets (ROA) net profit/ total assets % | 3,4% | -4,2% | 5,86% | 6,05% | 7,7% |
| * przekształcone |
At the Extraordinary General Meeting of Shareholders of Fabryki Mebli “FORTE” S.A. on June 16, 2021, a resolution was adopted, based on which the fiscal year was changed to ultimately run from April 1 to March 31 of the following calendar year. As a consequence of this decision, the fiscal and tax year that began on January 1, 2022, had a transitional nature and lasted for 15 months until March 31, 2023. VQ 2022 covers the period from January 1, 2023, to March 31, 2023, resulting from the transitional 15-month fiscal year.
The first official fiscal year of the Group commenced on April 1, 2023, and lasted until March 31, 2024.
