Income Statement DG-Net S.A.

Stocks

FIB

PLDGNET00012

Integrated Telecommunications Services

Delayed Warsaw S.E. 03:43:35 2026-10-08 EDT			5-day change	1st Jan Change
12.00 ^PLN	0.00%		0.00%	+32.74%

08-14	DG-Net S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-15	DG-Net S.A. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: DG-NET S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (PLN)	2022 (PLN)	2023 (PLN)	2024 (PLN)	2025 (PLN)
Revenues	11.37M	13.45M	15.62M	18.98M	22.61M
Total Revenues	11.37M	13.45M	15.62M	18.98M	22.61M
Cost of Goods Sold, Total	2.96M	3.28M	4.23M	3.71M	3.59M
Gross Profit	8.41M	10.18M	11.39M	15.27M	19.02M
Selling General & Admin Expenses, Total	6.92M	7.44M	9.06M	11.18M	15.21M
Depreciation & Amortization - (IS)	1.01M	1.18M	1.77M	2.42M	2.84M
Other Operating Expenses	139K	459K	421K	225K	49.34K
Other Operating Expenses, Total	8.07M	9.08M	11.25M	13.83M	18.1M
Operating Income	342K	1.09M	137K	1.44M	916K
Interest Expense, Total	-35.38K	-44.36K	-89.52K	-272K	-493K
Interest And Investment Income	0	10	300	21.81K	6.95K
Net Interest Expenses	-35.38K	-44.35K	-89.22K	-251K	-486K
Other Non Operating Income (Expenses)	-21.49K	-1.56K	-5.51K	-35.11K	-2.04K
EBT, Excl. Unusual Items	285K	1.05M	42.37K	1.16M	428K
Gain (Loss) On Sale Of Investments	-	2.9K	-	-	-81.75K
Gain (Loss) On Sale Of Assets	-	-	50K	22.6K	-
Asset Writedown	-35.62K	-55.09K	-115K	-55.05K	-22.2K
EBT, Incl. Unusual Items	249K	996K	-22.42K	1.12M	324K
Income Tax Expense	108K	263K	86.7K	285K	179K
Earnings From Continuing Operations	141K	733K	-109K	838K	145K
Net Income to Company	141K	733K	-109K	838K	145K
Net Income - (IS)	141K	733K	-109K	838K	145K
Net Income to Common Incl Extra Items	141K	733K	-109K	838K	145K
Net Income to Common Excl. Extra Items	141K	733K	-109K	838K	145K
Per Share Items
Net EPS - Basic	0.03	0.13	-0.02	0.15	0.03
Basic EPS - Continuing Operations	0.03	0.13	-0.02	0.15	0.03
Basic Weighted Average Shares Outstanding	5.62M	5.62M	5.62M	5.62M	5.62M
Net EPS - Diluted	0.03	0.13	-0.02	0.15	0.03
Diluted EPS - Continuing Operations	0.03	0.13	-0.02	0.15	0.03
Diluted Weighted Average Shares Outstanding	5.62M	5.62M	5.62M	5.62M	5.62M
Normalized Basic EPS	0.03	0.12	0	0.13	0.05
Normalized Diluted EPS	0.03	0.12	0	0.13	0.05
Supplemental Items
EBITDA	1.35M	2.27M	1.9M	3.55M	3.4M
EBITA	342K	1.11M	137K	1.44M	918K
EBIT	342K	1.09M	137K	1.44M	916K
Total Revenues (As Reported)	11.37M	13.45M	15.62M	18.98M	22.61M
Effective Tax Rate - (Ratio)	43.5	26.38	-386.77	25.4	55.16
Normalized Net Income	178K	655K	26.48K	722K	267K

Fiscal Period: December	2021 (PLN)	2022 (PLN)	2023 (PLN)	2024 (PLN)	2025 (PLN)
Assets
Cash And Equivalents	319K	195K	326K	1.36M	1.03M
Total Cash And Short Term Investments	319K	195K	326K	1.36M	1.03M
Accounts Receivable, Total	1.27M	690K	849K	984K	2.17M
Other Receivables	36.48K	136K	89.21K	1.04M	703K
Total Receivables	1.31M	826K	938K	2.02M	2.87M
Inventory	53.17K	8.38K	240K	-	1.8K
Other Current Assets, Total	-	-	10.26K	14.95K	11.63K
Total Current Assets	1.68M	1.03M	1.51M	3.39M	3.91M
Gross Property Plant And Equipment	9.37M	12.27M	13.95M	19.14M	26.51M
Accumulated Depreciation	-4.16M	-5.32M	-7.08M	-9.43M	-12.27M
Net Property Plant And Equipment	5.21M	6.95M	6.87M	9.71M	14.24M
Long-term Investments	2K	-	412K	412K	-
Other Intangibles, Total	-	-	-	2.59K	6.73K
Other Long-Term Assets, Total	23.2K	65.92K	69.57K	59.86K	259K
Total Assets	6.92M	8.04M	8.86M	13.58M	18.42M
Liabilities
Accounts Payable, Total	2.61M	2.28M	3.54M	4.13M	3.23M
Accrued Expenses, Total	247K	493K	584K	732K	653K
Current Portion of Long-Term Debt	607K	678K	570K	573K	2.79M
Current Portion of Leases	-	-	-	248K	389K
Current Income Taxes Payable	236K	274K	196K	198K	137K
Other Current Liabilities	2.4K	15.04K	156K	144K	30.84K
Total Current Liabilities	3.7M	3.74M	5.05M	6.03M	7.22M
Long-Term Debt	1.67M	2.26M	1.83M	3.58M	1.36M
Long-Term Leases	-	-	-	1.06M	933K
Other Non Current Liabilities	529K	285K	346K	421K	6.28M
Total Liabilities	5.9M	6.29M	7.22M	11.1M	15.8M
Common Stock, Total	562K	562K	562K	562K	562K
Additional Paid In Capital	857K	857K	1.19M	1.19M	1.92M
Retained Earnings	-404K	331K	-109K	729K	145K
Total Common Equity	1.01M	1.75M	1.64M	2.48M	2.62M
Total Equity	1.01M	1.75M	1.64M	2.48M	2.62M
Total Liabilities And Equity	6.92M	8.04M	8.86M	13.58M	18.42M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.62M	5.62M	5.62M	5.62M	5.62M
ECS Total Common Shares Outstanding	-	5.62M	5.62M	5.62M	5.62M
Book Value / Share	0.18	0.31	0.29	0.44	0.47
Tangible Book Value	1.01M	1.75M	1.64M	2.48M	2.62M
Tangible Book Value Per Share	0.18	0.31	0.29	0.44	0.47
Total Debt	2.28M	2.94M	2.4M	5.47M	5.47M
Net Debt	1.96M	2.75M	2.07M	4.11M	4.44M
Account Code - Inventory Valuation	-	3	3	5	5
Inventories - Raw Materials, Total	47.42K	8.38K	240K	-	-
Inventories - Others	5.75K	-	-	-	1.8K
Buildings, Total	1.69M	2.1M	3.37M	5.42M	10.47M
Machinery, Total	7.66M	9.59M	10.55M	11.72M	12.67M
Full Time Employees	-	21	16	8	8

Fiscal Period: December	2021 (PLN)	2022 (PLN)	2023 (PLN)	2024 (PLN)	2025 (PLN)
Net Income	141K	733K	-109K	838K	145K
Depreciation & Amortization - CF	1.01M	1.17M	1.77M	2.42M	2.84M
Amortization of Goodwill and Intangible Assets - (CF)	-	12.44K	-	2.52K	1.98K
Depreciation & Amortization, Total	1.01M	1.18M	1.77M	2.42M	2.84M
(Gain) Loss From Sale Of Asset	-21.54K	-	-50K	-22.6K	-
(Gain) Loss on Sale of Investments - (CF)	-	-2.9K	-	-	-
Other Operating Activities, Total	18.02K	45.96K	175K	245K	470K
Change In Accounts Receivable	-292K	507K	-103K	-1.04M	-629K
Change In Inventories	-24.32K	44.79K	-232K	240K	-1.8K
Change in Other Net Operating Assets	1.3M	-338K	1.17M	910K	4.85M
Cash from Operations	2.14M	2.17M	2.61M	3.59M	7.68M
Capital Expenditure	-1.42M	-2.92M	-1.7M	-3.67M	-7.39M
Sale of Property, Plant, and Equipment	21.54K	-	50K	22.6K	-
Investment in Marketable and Equity Securities, Total	-	4.9K	-195K	-139K	-141K
Other Investing Activities, Total	-	10	-9.7K	15.81K	10.95K
Cash from Investing	-1.4M	-2.91M	-1.85M	-3.77M	-7.52M
Long-Term Debt Issued, Total	6.41K	1.18M	20K	2.27M	1.09M
Total Debt Issued	6.41K	1.18M	20K	2.27M	1.09M
Long-Term Debt Repaid, Total	-476K	-519K	-563K	-487K	-816K
Total Debt Repaid	-476K	-519K	-563K	-487K	-816K
Other Financing Activities, Total	-35.38K	-44.36K	-89.52K	-582K	-761K
Cash from Financing	-505K	617K	-632K	1.21M	-490K
Net Change in Cash	236K	-123K	130K	1.03M	-327K
Supplemental Items
Cash Interest Paid	35.38K	44.36K	89.52K	272K	493K
Levered Free Cash Flow	795K	-579K	1.15M	-628K	-6.29M
Unlevered Free Cash Flow	817K	-551K	1.21M	-458K	-5.98M
Change In Net Working Capital	-1.01M	-501K	-1.06M	113K	2.01M
Net Debt Issued / Repaid	-469K	661K	-543K	1.79M	272K

Fiscal Period: December	2021 (PLN)	2022 (PLN)	2023 (PLN)	2024 (PLN)	2025 (PLN)
Profitability
Return on Assets	3.32	9.15	1.01	8.03	3.58
Return on Total Capital	6.15	17.13	1.96	15.03	7.14
Return On Equity %	14.75	53.08	-6.44	40.69	5.69
Return on Common Equity	14.75	53.08	-6.44	40.69	5.69
Margin Analysis
Gross Profit Margin %	73.97	75.64	72.89	80.44	84.11
SG&A Margin	60.85	55.32	58.02	58.91	67.28
EBITDA Margin %	11.9	16.91	12.18	18.7	15.04
EBITA Margin %	3.01	8.23	0.88	7.61	4.06
EBIT Margin %	3.01	8.14	0.88	7.59	4.05
Income From Continuing Operations Margin %	1.24	5.45	-0.7	4.41	0.64
Net Income Margin %	1.24	5.45	-0.7	4.41	0.64
Net Avail. For Common Margin %	1.24	5.45	-0.7	4.41	0.64
Normalized Net Income Margin	1.57	4.87	0.17	3.81	1.18
Levered Free Cash Flow Margin	6.99	-4.3	7.39	-3.31	-27.82
Unlevered Free Cash Flow Margin	7.19	-4.1	7.75	-2.41	-26.45
Asset Turnover
Asset Turnover	1.77	1.8	1.85	1.69	1.41
Fixed Assets Turnover	2.27	2.21	2.26	2.29	1.89
Receivables Turnover (Average Receivables)	10.12	13.7	20.3	20.71	14.36
Inventory Turnover (Average Inventory)	72.16	106.5	34.1	-	-
Short Term Liquidity
Current Ratio	0.45	0.28	0.3	0.56	0.54
Quick Ratio	0.44	0.27	0.25	0.56	0.54
Operating Cash Flow to Current Liabilities	0.58	0.58	0.52	0.6	1.06
Days Sales Outstanding (Average Receivables)	36.06	26.63	17.98	17.67	25.42
Days Outstanding Inventory (Average Inventory)	5.06	3.43	10.7	-	-
Average Days Payable Outstanding	238.49	275.96	237.87	-	-
Cash Conversion Cycle (Average Days)	-197.37	-245.9	-209.19	-	-
Long Term Solvency
Total Debt/Equity	224.89	168.2	146.31	220.69	208.59
Total Debt / Total Capital	69.22	62.71	59.4	68.82	67.59
LT Debt/Equity	165.04	129.46	111.55	187.56	87.47
Long-Term Debt / Total Capital	50.8	48.27	45.29	58.48	28.34
Total Liabilities / Total Assets	85.34	78.25	81.49	81.75	85.76
EBIT / Interest Expense	9.66	24.67	1.53	5.29	1.86
EBITDA / Interest Expense	38.26	51.27	21.25	14.18	7.62
(EBITDA - Capex) / Interest Expense	-1.82	-14.46	2.3	0.72	-7.36
Total Debt / EBITDA	1.69	1.29	1.26	1.42	1.46
Net Debt / EBITDA	1.45	1.21	1.09	1.06	1.18
Total Debt / (EBITDA - Capex)	-35.52	-4.59	11.68	27.95	-1.51
Net Debt / (EBITDA - Capex)	-30.56	-4.28	10.1	21.01	-1.22
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	29.08	18.31	16.1	21.52	19.11
Gross Profit, 1 Yr. Growth %	25.2	20.97	11.89	34.11	24.54
EBITDA, 1 Yr. Growth %	35.3	68.04	-16.36	86.55	-11.99
EBITA, 1 Yr. Growth %	-7.21	223.85	-87.47	953.22	-36.32
EBIT, 1 Yr. Growth %	-7.21	220.21	-87.47	951.38	-36.46
Earnings From Cont. Operations, 1 Yr. Growth %	-39.49	420.7	-114.88	-868	-82.67
Net Income, 1 Yr. Growth %	-39.49	420.7	-114.88	-868	-82.67
Normalized Net Income, 1 Yr. Growth %	-8.23	268	-95.96	2.63K	-62.98
Diluted EPS Before Extra, 1 Yr. Growth %	-	420.71	-114.88	-868	-82.67
Accounts Receivable, 1 Yr. Growth %	30.82	-45.8	23.03	15.92	120.01
Inventory, 1 Yr. Growth %	84.3	-84.24	2.76K	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	8.35	33.32	-1.16	41.44	46.67
Total Assets, 1 Yr. Growth %	16.02	16.26	10.19	53.22	35.68
Tangible Book Value, 1 Yr. Growth %	13.28	72.47	-6.24	50.93	5.7
Common Equity, 1 Yr. Growth %	13.28	72.47	-6.24	51.09	5.86
Cash From Operations, 1 Yr. Growth %	68.93	1.59	20.42	37.52	113.62
Capital Expenditures, 1 Yr. Growth %	-4.01	105.69	-41.81	116.15	101.37
Levered Free Cash Flow, 1 Yr. Growth %	-	-172.8	-299.42	-154.42	900.73
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-167.44	-319.6	-137.84	1.21K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	23.58	17.2	18.78	20.31
Gross Profit, 2 Yr. CAGR %	-	23.07	16.34	22.5	29.24
EBITDA, 2 Yr. CAGR %	-	50.79	18.55	24.91	33.69
EBITA, 2 Yr. CAGR %	-	73.35	-36.67	14.86	158.75
EBIT, 2 Yr. CAGR %	-	72.37	-36.67	14.76	158.47
Earnings From Cont. Operations, 2 Yr. CAGR %	-	77.5	-11.99	6.89	15.37
Net Income, 2 Yr. CAGR %	-	77.5	-11.99	6.89	15.37
Normalized Net Income, 2 Yr. CAGR %	-	83.77	-61.44	4.99	217.78
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-11.99	6.89	15.37
Accounts Receivable, 2 Yr. CAGR %	-	-15.8	-18.34	19.42	59.7
Inventory, 2 Yr. CAGR %	-	-46.11	112.41	-	-91.34
Net Property, Plant and Equip., 2 Yr. CAGR %	-	20.19	14.79	18.23	44.03
Total Assets, 2 Yr. CAGR %	-	16.14	13.18	29.93	44.18
Tangible Book Value, 2 Yr. CAGR %	-	39.77	27.16	18.96	26.3
Common Equity, 2 Yr. CAGR %	-	39.77	27.16	19.02	26.47
Cash From Operations, 2 Yr. CAGR %	-	31	10.61	28.69	71.39
Capital Expenditures, 2 Yr. CAGR %	-	40.52	9.4	12.15	108.63
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	20.49	4.18	133.37
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	21.7	-8.84	122.26
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	21.03	18.62	18.89
Gross Profit, 3 Yr. CAGR %	-	-	19.22	21.99	23.18
EBITDA, 3 Yr. CAGR %	-	-	23.89	37.89	14.34
EBITA, 3 Yr. CAGR %	-	-	-28.07	61.66	-5.7
EBIT, 3 Yr. CAGR %	-	-	-28.07	61.56	-5.76
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-22.32	81.2	-41.71
Net Income, 3 Yr. CAGR %	-	-	-22.32	81.2	-41.71
Normalized Net Income, 3 Yr. CAGR %	-	-	-48.52	59.48	-25.83
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	81.2	-41.71
Accounts Receivable, 3 Yr. CAGR %	-	-	-4.45	-8.22	46.4
Inventory, 3 Yr. CAGR %	-	-	102.6	-	-40.12
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	12.6	23.06	27.04
Total Assets, 3 Yr. CAGR %	-	-	14.12	25.2	31.82
Tangible Book Value, 3 Yr. CAGR %	-	-	22.36	34.64	14.36
Common Equity, 3 Yr. CAGR %	-	-	22.36	34.68	14.46
Cash From Operations, 3 Yr. CAGR %	-	-	27.38	18.93	52.37
Capital Expenditures, 3 Yr. CAGR %	-	-	4.74	37.28	36.31
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-7.55	121.46
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-17.55	121.37
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	20.74
Gross Profit, 5 Yr. CAGR %	-	-	-	-	23.13
EBITDA, 5 Yr. CAGR %	-	-	-	-	27.72
EBITA, 5 Yr. CAGR %	-	-	-	-	20.03
EBIT, 5 Yr. CAGR %	-	-	-	-	19.98
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	-9
Net Income, 5 Yr. CAGR %	-	-	-	-	-9
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	6.62
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	17.34
Inventory, 5 Yr. CAGR %	-	-	-	-	-42.59
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	24.25
Total Assets, 5 Yr. CAGR %	-	-	-	-	25.31
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	23.92
Common Equity, 5 Yr. CAGR %	-	-	-	-	23.98
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	43.43
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	37.98