Cash flow LPP SA

Equities

LPP

PLLPP0000011

Apparel & Accessories Retailers

Delayed Warsaw S.E. Other stock markets 16:55:55 12/03/2026 GMT			5-day change	1st Jan Change
19,360.00 ^PLN	-0.44%		-2.12%	-6.97%

02-04	LPP prelim. Q4 revenue up 18% Y/Y	RE
01-30	LPP advance dividend set at 400 zlotys per share	RE

7a4dbcd830b872be1bb803350c03.--YFrhPC_b3I-z4MDSoiyFwtP6hZD-pbUZYZ5eFEPtY.rKQ83l2gr9WJl21PYlt9kS1ZCPk8eZwvY8Fv3IsUZIC2gFrNPqOV2bGqcw

Published financial data: LPP SA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2021	2022	2023	2024	2025
Revenues	7.85B	14.03B	15.93B	17.41B	20.19B
Total Revenues	7.85B	14.03B	15.93B	17.41B	20.19B
Cost of Goods Sold, Total	3.76B	5.92B	7.8B	8.44B	9.48B
Gross Profit	4.08B	8.11B	8.13B	8.97B	10.72B
Selling General & Admin Expenses, Total	3.85B	5.96B	6.7B	6.56B	8.26B
Other Operating Expenses	99.62M	204M	115M	192M	-23M
Other Operating Expenses, Total	3.95B	6.16B	6.82B	6.76B	8.24B
Operating Income	137M	1.94B	1.31B	2.21B	2.48B
Interest Expense, Total	-157M	-176M	-216M	-207M	-213M
Interest And Investment Income	4.91M	3.26M	7.92M	16.2M	22M
Net Interest Expenses	-152M	-172M	-208M	-191M	-191M
Currency Exchange Gains (Loss)	-178M	-93.69M	24.93M	-121M	-82M
Other Non Operating Income (Expenses)	60.57M	21.71M	73.26M	47.7M	66M
EBT, Excl. Unusual Items	-133M	1.7B	1.2B	1.95B	2.28B
Impairment of Goodwill	-26.4M	-	-	-	-
Gain (Loss) On Sale Of Investments	46K	-2.63M	12.9M	28.2M	43M
Gain (Loss) On Sale Of Assets	228K	402K	689K	-200K	-
Asset Writedown	-70.65M	-520M	115M	49.3M	-88M
Other Unusual Items	113M	56.06M	29.98M	24.8M	20M
EBT, Incl. Unusual Items	-117M	1.23B	1.36B	2.05B	2.25B
Income Tax Expense	73.62M	278M	219M	435M	504M
Earnings From Continuing Operations	-190M	954M	1.14B	1.61B	1.75B
Earnings Of Discontinued Operations	-	-	-50.68M	-	-
Net Income to Company	-190M	954M	1.09B	1.61B	1.75B
Minority Interest	-	-	1.62M	-4.9M	-
Net Income - (IS)	-190M	954M	1.1B	1.61B	1.75B
Net Income to Common Incl Extra Items	-190M	954M	1.1B	1.61B	1.75B
Net Income to Common Excl. Extra Items	-190M	954M	1.15B	1.61B	1.75B
Per Share Items
Net EPS - Basic	-103.44	518.76	590.79	866.27	941.46
Basic EPS - Continuing Operations	-103.44	518.76	618.13	866.27	941.46
Basic Weighted Average Shares Outstanding	1.84M	1.84M	1.85M	1.86M	1.86M
Net EPS - Diluted	-103.44	518.25	590.37	865.68	941.46
Diluted EPS - Continuing Operations	-103.44	518.25	617.69	865.68	941.46
Diluted Weighted Average Shares Outstanding	1.84M	1.84M	1.86M	1.86M	1.86M
Normalized Basic EPS	-45.17	577.4	406.77	652.65	766.59
Normalized Diluted EPS	-45.17	576.83	406.48	652.21	766.59
Dividend Per Share	-	350	430	610	660
Payout Ratio	-	87.42	59.2	49.64	64.8
American Depositary Receipts Ratio (ADR)	0	0	0	0	0
Supplemental Items
EBITDA	564M	2.44B	1.77B	2.74B	3.14B
EBITA	137M	1.94B	1.31B	2.21B	2.48B
EBIT	137M	1.94B	1.31B	2.21B	2.48B
EBITDAR	948M	2.95B	2.25B	3.28B	3.76B
Effective Tax Rate - (Ratio)	-63.18	22.6	16.04	21.26	22.39
Total Current Taxes	121M	518M	248M	403M	456M
Total Deferred Taxes	-47.06M	-240M	-29.54M	32.4M	48M
Normalized Net Income	-83.02M	1.06B	754M	1.21B	1.42B
Interest on Long-Term Debt	137M	144M	115M	125M	161M
Non-Cash Pension Expense	0	0	0	-	0
Supplemental Operating Expense Items
Advertising Expense	-	646M	780M	432M	639M
Selling and Marketing Expenses	3.37B	5.81B	6.62B	5.65B	7.13B
General and Administrative Expenses	479M	147M	86.19M	918M	1.13B
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	384M	511M	478M	540M	623M
Imputed Operating Lease Interest Expense	120M	154M	158M	131M	133M
Imputed Operating Lease Depreciation	264M	357M	320M	409M	490M

Fiscal Period: January	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.28B	1.35B	465M	1.08B	846M
Short Term Investments	100M	-	-	-	865M
Total Cash And Short Term Investments	1.38B	1.35B	465M	1.08B	1.71B
Accounts Receivable, Total	158M	246M	944M	810M	757M
Other Receivables	200M	267M	168M	256M	405M
Notes Receivable	85K	155K	3.51M	3.3M	-
Total Receivables	359M	513M	1.12B	1.07B	1.16B
Inventory	2.07B	3.86B	3.35B	3.04B	4.67B
Prepaid Expenses	32.25M	49.24M	78.94M	76.5M	78M
Other Current Assets, Total	890M	1.33B	557M	566M	9M
Total Current Assets	4.73B	7.11B	5.57B	5.83B	7.63B
Gross Property Plant And Equipment	7.8B	10.02B	10.36B	11.85B	15.02B
Accumulated Depreciation	-2.94B	-3.94B	-4.14B	-4.97B	-6.21B
Net Property Plant And Equipment	4.85B	6.08B	6.22B	6.88B	8.81B
Long-term Investments	-	-	-	-	-
Goodwill	183M	183M	183M	183M	183M
Other Intangibles, Total	213M	222M	263M	346M	439M
Loans Receivable Long-Term	66K	120K	153K	200K	-
Deferred Tax Assets Long-Term	179M	425M	351M	306M	253M
Deferred Charges Long-Term	759K	268K	0	2.9M	2M
Other Long-Term Assets, Total	193M	117M	339M	252M	186M
Total Assets	10.35B	14.14B	12.92B	13.8B	17.5B
Liabilities
Accounts Payable, Total	2.64B	4.81B	2.85B	1.59B	2.14B
Accrued Expenses, Total	109M	302M	293M	401M	488M
Short-term Borrowings	470M	507M	-	2.1B	3.34B
Current Portion of Long-Term Debt	55.76M	31.9M	818M	359M	817M
Current Portion of Leases	654M	749M	902M	1.02B	1.25B
Current Income Taxes Payable	67.66M	311M	155M	52.6M	255M
Unearned Revenue Current, Total	20.74M	27.26M	29.6M	30.4M	38M
Other Current Liabilities	154M	140M	161M	100M	126M
Total Current Liabilities	4.17B	6.88B	5.21B	5.65B	8.45B
Long-Term Debt	485M	439M	845M	490M	182M
Long-Term Leases	2.52B	3.43B	2.76B	2.89B	3.52B
Unearned Revenue Non Current	2.57M	378K	1.14M	-	-
Pension & Other Post Retirement Benefits	1.82M	1.41M	1.68M	2.4M	3M
Deferred Tax Liability Non Current	22K	627K	1.55M	1.6M	2M
Other Non Current Liabilities	101M	114M	113M	45.5M	36M
Total Liabilities	7.29B	10.86B	8.94B	9.09B	12.2B
Common Stock, Total	3.7M	3.7M	3.71M	3.7M	4M
Additional Paid In Capital	364M	364M	364M	364M	438M
Retained Earnings	804M	924M	1.37B	4.28B	4.89B
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	1.9B	1.98B	2.25B	65.9M	-29M
Total Common Equity	3.07B	3.27B	3.99B	4.71B	5.3B
Minority Interest	-15K	-15K	-1.64M	3.3M	3M
Total Equity	3.07B	3.27B	3.98B	4.72B	5.3B
Total Liabilities And Equity	10.35B	14.14B	12.92B	13.8B	17.5B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.85M	1.85M	1.85M	1.86M	1.86M
ECS Total Common Shares Outstanding	1.85M	1.85M	1.85M	1.86M	1.86M
Book Value / Share	1.66K	1.77K	2.15K	2.54K	2.86K
Tangible Book Value	2.67B	2.87B	3.54B	4.18B	4.68B
Tangible Book Value Per Share	1.44K	1.55K	1.91K	2.26K	2.52K
Total Debt	4.19B	5.16B	5.33B	6.86B	9.11B
Net Debt	2.81B	3.8B	4.86B	5.78B	7.4B
Debt Equivalent Oper. Leases	3.07B	4.09B	3.82B	4.32B	4.98B
Minority Interest, Total (Incl. Fin. Div)	-15K	-15K	-1.64M	3.3M	3M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	22.96M	31.73M	18.81M	13.9M	15M
Inventories - Finished Goods, Total	2.03B	3.78B	3.29B	2.98B	4.59B
Inventories - Others	20.15M	48.1M	46.64M	47.2M	60M
Land - (BS)	87.78M	136M	198M	198M	249M
Buildings, Total	2.37B	2.95B	3.26B	3.65B	4.39B
Machinery, Total	619M	822M	952M	974M	1.09B
Full Time Employees	22K	31.8K	30K	33K	22.3K
Accumulated Allowance for Doubtful Accounts (Supple)	38.17M	23.9M	51.19M	78.4M	72M

Fiscal Period: January	2021	2022	2023	2024	2025
Net Income	-190M	954M	1.1B	1.61B	1.75B
Depreciation & Amortization - CF	1.04B	1.12B	1.09B	1.34B	1.64B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	1.04B	1.12B	1.09B	1.34B	1.64B
Amortization of Deferred Charges, Total - (CF)	28.61M	30.63M	37.16M	42.8M	45M
(Gain) Loss From Sale Of Asset	205M	650M	-184M	34.9M	21M
Net Cash From Discontinued Operations	-	-	-42.52M	-	-
Other Operating Activities, Total	-63.74M	79.24M	868M	72.2M	518M
Change In Accounts Receivable	-579M	-661M	387M	272M	-176M
Change In Inventories	-218M	-2B	698M	239M	-1.67B
Change in Other Net Operating Assets	848M	2.83B	-3.37B	735M	1.89B
Cash from Operations	1.07B	3B	580M	4.34B	4.02B
Capital Expenditure	-825M	-1.32B	-1.16B	-1.09B	-1.82B
Sale of Property, Plant, and Equipment	157M	170M	116M	126M	108M
Investment in Marketable and Equity Securities, Total	-	-	-	-20M	-257M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-38K	-110K	-3.38M	500K	1M
Other Investing Activities, Total	-339M	-174M	147M	-	1M
Cash from Investing	-1.01B	-1.33B	-897M	-984M	-1.96B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	1.21B	7.47M	1.24B	-	507M
Total Debt Issued	1.21B	7.47M	1.24B	-	507M
Long-Term Debt Repaid, Total	-1.31B	-639M	-1.03B	-1.73B	-1.14B
Total Debt Repaid	-1.31B	-639M	-1.03B	-1.73B	-1.14B
Issuance of Common Stock	112M	-	4K	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-834M	-648M	-798M	-1.13B
Common & Preferred Stock Dividends Paid	-	-834M	-648M	-798M	-1.13B
Other Financing Activities, Total	-158M	-169M	-176M	-220M	-520M
Cash from Financing	-140M	-1.63B	-609M	-2.75B	-2.28B
Net Change in Cash	-72.07M	40.73M	-927M	610M	-226M
Supplemental Items
Cash Interest Paid	158M	169M	176M	220M	220M
Cash Income Tax Paid (Refund)	327M	320M	402M	532M	232M
Levered Free Cash Flow	-155M	1.23B	-792M	2.06B	436M
Unlevered Free Cash Flow	-56.7M	1.34B	-657M	2.19B	569M
Change In Net Working Capital	390M	-303M	1.45B	-516M	854M
Net Debt Issued / Repaid	-94.08M	-632M	215M	-1.73B	-630M

Fiscal Period: January	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.86	9.91	6.07	10.34	9.92
Return on Total Capital	1.19	15.48	9.26	12.35	11.95
Return On Equity %	-6.02	30.08	31.54	37.05	34.87
Return on Common Equity	-6.02	30.08	31.57	36.95	34.89
Margin Analysis
Gross Profit Margin %	52.04	57.79	51.05	51.51	53.08
SG&A Margin	49.03	42.49	42.08	37.72	40.9
EBITDA Margin %	7.19	17.36	11.13	15.74	15.54
EBITA Margin %	1.74	13.84	8.25	12.69	12.3
EBIT Margin %	1.74	13.84	8.25	12.69	12.3
Income From Continuing Operations Margin %	-2.42	6.8	7.18	9.26	8.65
Net Income Margin %	-2.42	6.8	6.88	9.23	8.65
Net Avail. For Common Margin %	-2.42	6.8	7.19	9.23	8.65
Normalized Net Income Margin	-1.06	7.56	4.73	6.96	7.04
Levered Free Cash Flow Margin	-1.97	8.77	-4.97	11.84	2.16
Unlevered Free Cash Flow Margin	-0.72	9.55	-4.12	12.58	2.82
Asset Turnover
Asset Turnover	0.79	1.15	1.18	1.3	1.29
Fixed Assets Turnover	1.56	2.57	2.59	2.66	2.57
Receivables Turnover (Average Receivables)	52	69.43	26.76	19.85	25.77
Inventory Turnover (Average Inventory)	1.88	1.99	2.16	2.64	2.46
Short Term Liquidity
Current Ratio	1.13	1.03	1.07	1.03	0.9
Quick Ratio	0.42	0.27	0.3	0.38	0.34
Operating Cash Flow to Current Liabilities	0.26	0.44	0.11	0.77	0.48
Days Sales Outstanding (Average Receivables)	7.04	5.26	13.64	18.39	14.2
Days Outstanding Inventory (Average Inventory)	194.25	183	168.97	138.26	148.89
Average Days Payable Outstanding	209.25	176.34	192.04	66.65	61.6
Cash Conversion Cycle (Average Days)	-7.96	11.91	-9.44	90	101.49
Long Term Solvency
Total Debt/Equity	136.48	157.55	133.67	145.39	171.77
Total Debt / Total Capital	57.71	61.17	57.2	59.25	63.2
LT Debt/Equity	98.04	118.18	90.48	71.69	69.88
Long-Term Debt / Total Capital	41.46	45.89	38.72	29.22	25.71
Total Liabilities / Total Assets	70.36	76.85	69.16	65.82	69.7
EBIT / Interest Expense	0.87	11.06	6.08	10.66	11.66
EBITDA / Interest Expense	7.54	17.42	11.14	17.13	19.38
(EBITDA - Capex) / Interest Expense	2.27	9.88	5.78	11.87	10.84
Total Debt / EBITDA	3.55	1.69	2.21	1.93	2.21
Net Debt / EBITDA	2.38	1.24	2.02	1.63	1.79
Total Debt / (EBITDA - Capex)	11.75	2.97	4.26	2.79	3.94
Net Debt / (EBITDA - Capex)	7.88	2.19	3.89	2.35	3.2
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-14.11	78.77	40.46	9.29	16.02
Gross Profit, 1 Yr. Growth %	-14.02	98.52	27.56	11.9	19.55
EBITDA, 1 Yr. Growth %	-51.21	331.98	3.87	72.89	7.36
EBITA, 1 Yr. Growth %	-82.3	1.32K	-0.03	96.22	3.76
EBIT, 1 Yr. Growth %	-82.3	1.32K	-0.03	96.22	3.76
Earnings From Cont. Operations, 1 Yr. Growth %	-148.92	-601.51	57.75	85.5	8.37
Net Income, 1 Yr. Growth %	-148.92	-601.51	14.85	230.2	8.71
Normalized Net Income, 1 Yr. Growth %	-120.73	-1.38K	7.12	90.14	7.31
Diluted EPS Before Extra, 1 Yr. Growth %	-148.84	-601.01	56.68	84.46	8.76
Accounts Receivable, 1 Yr. Growth %	9.93	55.69	283.66	-14.24	-6.54
Inventory, 1 Yr. Growth %	7.98	86.27	-13.22	-9.34	53.59
Net Property, Plant and Equip., 1 Yr. Growth %	-6.33	25.33	2.22	10.73	28
Total Assets, 1 Yr. Growth %	7.79	36.52	-8.59	6.82	26.8
Tangible Book Value, 1 Yr. Growth %	-5.77	7.31	23.45	18.21	11.76
Common Equity, 1 Yr. Growth %	-5.52	6.64	21.82	18.26	12.41
Cash From Operations, 1 Yr. Growth %	-37.02	179.54	-75.7	649.1	-7.41
Capital Expenditures, 1 Yr. Growth %	-10.99	60.61	20.55	-5.8	66.79
Levered Free Cash Flow, 1 Yr. Growth %	-	-582.9	-176.35	-186.25	-84.08
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-954.82	-159.3	-197.16	-80.15
Dividend Per Share, 1 Yr. Growth %	-	-	22.86	41.86	8.2
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	23.91	42.46	23.9	12.6
Gross Profit, 2 Yr. CAGR %	-	30.65	41.1	18.61	15.66
EBITDA, 2 Yr. CAGR %	-	45.18	77.28	26.72	40.71
EBITA, 2 Yr. CAGR %	-	58.56	209.94	29.67	48.49
EBIT, 2 Yr. CAGR %	-	58.56	209.94	29.67	48.49
Earnings From Cont. Operations, 2 Yr. CAGR %	-	56.63	145.32	49.08	41.79
Net Income, 2 Yr. CAGR %	-	56.63	140	29.82	89.46
Normalized Net Income, 2 Yr. CAGR %	-	62.8	201.37	31.15	49.46
Diluted EPS Before Extra, 2 Yr. CAGR %	-	56.43	144.37	48.18	41.64
Accounts Receivable, 2 Yr. CAGR %	-	30.82	144.4	81.4	-10.46
Inventory, 2 Yr. CAGR %	-	41.82	27.14	-11.3	18
Net Property, Plant and Equip., 2 Yr. CAGR %	-	8.35	13.18	6.39	19.05
Total Assets, 2 Yr. CAGR %	-	21.31	11.71	-1.19	16.38
Tangible Book Value, 2 Yr. CAGR %	-	0.56	15.1	20.8	14.95
Common Equity, 2 Yr. CAGR %	-	0.38	13.98	20.02	15.3
Cash From Operations, 2 Yr. CAGR %	-	32.69	-26.54	34.92	163.35
Capital Expenditures, 2 Yr. CAGR %	-	19.57	18.44	6.56	25.36
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	76.32	40.96	-57.29
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	104.73	40.62	-49.76
Dividend Per Share, 2 Yr. CAGR %	-	-	-	32.02	23.89
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	20.34	30.41	21.21
Gross Profit, 3 Yr. CAGR %	-	-	19.62	29.97	18.92
EBITDA, 3 Yr. CAGR %	-	-	15.32	69.37	22.52
EBITA, 3 Yr. CAGR %	-	-	19.36	152.81	23.63
EBIT, 3 Yr. CAGR %	-	-	19.36	152.81	23.63
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	43.32	103.91	34.04
Net Income, 3 Yr. CAGR %	-	-	41.24	103.7	22.36
Normalized Net Income, 3 Yr. CAGR %	-	-	23.49	144.32	26.43
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	42.87	103.03	33.66
Accounts Receivable, 3 Yr. CAGR %	-	-	87.26	72.39	45.44
Inventory, 3 Yr. CAGR %	-	-	20.4	13.59	6.51
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	6.26	12.36	13.15
Total Assets, 3 Yr. CAGR %	-	-	10.39	10.06	7.38
Tangible Book Value, 3 Yr. CAGR %	-	-	7.67	16.13	17.72
Common Equity, 3 Yr. CAGR %	-	-	7.07	15.39	17.43
Cash From Operations, 3 Yr. CAGR %	-	-	-30.21	59.29	19
Capital Expenditures, 3 Yr. CAGR %	-	-	7.68	9.73	23.73
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	100.75	-25.1
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	140.87	-19.91
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	23.54
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	17.19
Gross Profit, 5 Yr. CAGR %	-	-	-	-	17.68
EBITDA, 5 Yr. CAGR %	-	-	-	-	22.11
EBITA, 5 Yr. CAGR %	-	-	-	-	26.3
EBIT, 5 Yr. CAGR %	-	-	-	-	26.3
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	35.07
Net Income, 5 Yr. CAGR %	-	-	-	-	35.07
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	28.86
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	34.77
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	39.4
Inventory, 5 Yr. CAGR %	-	-	-	-	19.44
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	11.21
Total Assets, 5 Yr. CAGR %	-	-	-	-	12.75
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	10.53
Common Equity, 5 Yr. CAGR %	-	-	-	-	10.29
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	18.7
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	14.43
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-