Financials BTC Studios S.A.

Equities

BTC

PLDMNMN00016

Software

End-of-day quote Warsaw S.E. 23:00:00 15/05/2024 BST 5-day change 1st Jan Change
0.374 PLN +0.54% Intraday chart for BTC Studios S.A. -.--% -5.56%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 0.7241 4.178 4.902 24.41 5.911 13.53
Enterprise Value (EV) 1 0.647 4.367 4.669 24.51 5.949 13.41
P/E ratio -0.56 x -4.99 x -2.85 x -7.02 x -4.67 x 40.3 x
Yield - - - - - -
Capitalization / Revenue 0.2 x 3.91 x 243 x 41.8 x 24.5 x 8.09 x
EV / Revenue 0.18 x 4.09 x 232 x 41.9 x 24.7 x 8.01 x
EV / EBITDA -1.26 x -153 x 6.39 x -7.11 x -6.45 x 30.9 x
EV / FCF 1.41 x 13.9 x 0.66 x -2.6 x -1.96 x -16.1 x
FCF Yield 70.7% 7.21% 152% -38.4% -51% -6.23%
Price to Book 0.32 x 3 x 0.45 x 8.42 x 0.67 x 0.69 x
Nbr of stocks (in thousands) 5,570 5,570 5,570 8,193 10,191 32,610
Reference price 2 0.1300 0.7500 0.8800 2.980 0.5800 0.4150
Announcement Date 30/05/18 28/06/19 22/05/20 31/05/21 31/05/22 31/05/23
1PLN in Million2PLN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 3.671 1.069 0.0201 0.5844 0.2412 1.674
EBITDA 1 -0.5114 -0.0286 0.7304 -3.448 -0.9229 0.4333
EBIT 1 -1.31 -0.8082 0.4138 -3.452 -0.9254 0.3965
Operating Margin -35.68% -75.6% 2,054.31% -590.64% -383.74% 23.69%
Earnings before Tax (EBT) 1 -1.306 -0.8371 -1.72 -3.476 -1.266 0.3757
Net income 1 -1.286 -0.8371 -1.72 -3.476 -1.266 0.3358
Net margin -35.02% -78.31% -8,540.15% -594.84% -525.09% 20.06%
EPS 2 -0.2308 -0.1503 -0.3089 -0.4243 -0.1243 0.0103
Free Cash Flow 1 0.4576 0.315 7.103 -9.418 -3.036 -0.835
FCF margin 12.46% 29.47% 35,259.77% -1,611.71% -1,258.78% -49.89%
FCF Conversion (EBITDA) - - 972.51% - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 30/05/18 28/06/19 22/05/20 31/05/21 31/05/22 31/05/23
1PLN in Million2PLN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - 0.19 - 0.09 0.04 -
Net Cash position 1 0.08 - 0.23 - - 0.12
Leverage (Debt/EBITDA) - -6.618 x - -0.0265 x -0.0418 x -
Free Cash Flow 1 0.46 0.31 7.1 -9.42 -3.04 -0.84
ROE (net income / shareholders' equity) -44.8% -46.2% -28.1% -50.6% -21.6% 2.32%
ROA (Net income/ Total Assets) -14.6% -15.9% 2.16% -13.5% -5.41% 1.49%
Assets 1 8.811 5.274 -79.79 25.72 23.43 22.61
Book Value Per Share 2 0.4000 0.2500 1.950 0.3500 0.8700 0.6000
Cash Flow per Share 2 0 0 0.0600 0 0.0100 0.0100
Capex 1 0.27 - 0.28 3.51 1.94 -
Capex / Sales 7.35% - 1,387.55% 600.51% 804.32% -
Announcement Date 30/05/18 28/06/19 22/05/20 31/05/21 31/05/22 31/05/23
1PLN in Million2PLN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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