ED Invest SA

ED Invest SA maintains a conservative capital structure with a debt-to-equity ratio of 0.09, significantly below the median for the Homebuilding industry, indicating a low reliance on debt financing [doc:HA-latest]. The company's liquidity position is characterized by a current ratio of 1.91, suggesting it can cover its short-term obligations with its current assets. However, the company's free cash flow is negative at -14.76 million PLN, which may signal reinvestment in projects or operational constraints [doc:HA-latest]. Profitability metrics show a return on equity of 12.11% and a return on assets of 5.03%, both of which are in line with the industry's preferred metrics. The company's operating margin is 6.73% (calculated as operating income of 8.36 million PLN divided by revenue of 124.25 million PLN), which is consistent with the median for the industry [doc:HA-latest]. The gross margin of 15.46% (calculated as gross profit of 19.21 million PLN divided by revenue of 124.25 million PLN) is also in line with the industry average [doc:HA-latest]. The company operates through two business segments: Construction and Development, both focused on housing investments. Its geographic exposure is concentrated in the domestic market, particularly in Warsaw, where it executes a portfolio of housing projects such as Osiedle Wilga, Osiedle Jantar, and others [doc:HA-latest]. The company does not disclose revenue concentration by segment or geography, but its operations are entirely within Poland, indicating a high level of domestic exposure [doc:HA-latest]. The company's growth trajectory is supported by a revenue of 124.25 million PLN, with no disclosed prior-year figures to assess year-over-year growth. The outlook for the current fiscal year is not explicitly provided, but the company's operating cash flow of 22.63 million PLN suggests a capacity to fund operations and potentially expand [doc:HA-latest]. The company's capital expenditure of -255,000 PLN indicates a small outlay for capital investments, which may be consistent with a focus on project execution rather than long-term infrastructure [doc:HA-latest]. Risk factors include a medium liquidity risk, as the company's net cash is negative after subtracting total debt. The dilution risk is assessed as low, with no near-term pressure expected. The company's liquidity position is supported by a current ratio of 1.91, but the negative free cash flow may require careful management of working capital and project timelines [doc:HA-latest]. No recent events such as filings or transcripts are disclosed in the input data [doc:HA-latest]. The company's recent financial performance and risk profile suggest a stable but cautious approach to growth. The company's focus on domestic projects in Warsaw may limit its exposure to international market fluctuations, but it also means it is vulnerable to local economic conditions and regulatory changes [doc:HA-latest].