Pharmena SA

Pharmena SA exhibits a strong liquidity position, with a current ratio of 13.97 and cash and equivalents amounting to 22,176,000 PLN, which significantly exceeds its total liabilities of 1,797,000 PLN. The company's debt-to-equity ratio is 0.01, indicating a conservative capital structure with minimal reliance on debt financing. Despite this, the company reported a negative net income of -45,281,000 PLN, which is a significant deviation from typical performance in the Personal Products industry.

The company's profitability metrics are notably weak, with a return on equity of -1.9557 and a return on assets of -1.8149, both of which are far below the industry median for the Personal Products sector. This suggests that Pharmena is underperforming in terms of generating returns for shareholders and utilizing its assets efficiently. Gross profit of 852,000 PLN and operating income of 142,000 PLN are insufficient to offset the company's net loss, indicating potential operational inefficiencies or cost overruns.

Pharmena's revenue concentration is not disclosed in the available data, but the absence of segment or geographic breakdowns suggests that the company may have a relatively undiversified business model. This could expose the company to higher risks if demand for its products declines in a specific market or customer base. The lack of detailed segment reporting also limits the ability to assess the performance of individual product lines or geographic regions.

Looking ahead, the company's growth trajectory is uncertain, as the available data does not provide forward-looking revenue projections or outlooks for the current or next fiscal year. The negative net income and weak profitability metrics suggest that the company may face challenges in sustaining growth without significant operational improvements or cost reductions. The absence of a clear growth strategy or capital allocation plan further complicates the assessment of future performance.

Risk factors for Pharmena include the potential for dilution, although the risk is currently assessed as low. The company has not issued additional shares recently, and there are no immediate filing-based liquidity or dilution flags. However, the negative net income and weak returns could pressure the company to raise capital in the future, which may involve issuing new shares and diluting existing shareholders. The company's liquidity position is strong, but the negative free cash flow of -46,418,000 PLN indicates that the company is not generating sufficient cash to fund operations and growth.

Recent events and filings do not provide specific details on strategic initiatives or operational changes, but the company's financial performance suggests that it may be undergoing a period of restructuring or cost optimization. The absence of recent transcripts or detailed disclosures limits the ability to assess the company's strategic direction and management's response to current challenges. Investors should monitor future filings and earnings reports for more insight into the company's financial health and strategic plans.

Analysts project 381.5% upside to a mean price target of 15.12 PLN, signaling strong market confidence in future performance.

Debt-to-equity ratio of 0.01 is significantly lower than the cohort median of 0.14, reflecting a conservative capital structure.

Net income improved by 19.6% year-over-year, demonstrating a positive trajectory in profitability despite recent revenue declines.

Low dilution, liquidity, and credit risk flags suggest a stable financial environment with minimal immediate structural threats.

Net margin of -41.9% places the company in the bottom quartile of its cohort, signaling poor profitability relative to peers.

Return on equity of -1.96% ranks in the bottom quartile, indicating inefficient use of shareholder capital compared to competitors.

Cash conversion ratio of -0.68 is in the bottom quartile, suggesting significant challenges in converting earnings into cash.

Revenue PLN 386.0k, +160,8% YoY; Operating income −29,2% YoY.

• ▍Revenue PLN 386.0k, +160,8% YoY
• ▍Operating income −29,2% YoY
• ▍Net income −15,9% YoY
• ▍Free cash flow −19,6% YoY
• ▍Net margin -181.3%

Revenue PLN 393.0k, +3 830,0% YoY; Operating income +37,2% YoY.

• ▍Revenue PLN 393.0k, +3 830,0% YoY
• ▍Operating income +37,2% YoY
• ▍Net income −300,4% YoY
• ▍Free cash flow −289,9% YoY
• ▍Net margin -124.4%

Revenue PLN 88.0k, −91,8% YoY; Operating income −613,4% YoY.

• ▍Revenue PLN 88.0k, −91,8% YoY
• ▍Operating income −613,4% YoY
• ▍Net income +99,7% YoY
• ▍Free cash flow +99,5% YoY
• ▍Net margin -134.1%

Revenue PLN 22.0k; Operating income -PLN 729.0k.

• ▍Revenue PLN 22.0k
• ▍Operating income -PLN 729.0k
• ▍Net margin -2659.1%

Revenue PLN 148.0k; Operating income -PLN 678.0k.

• ▍Revenue PLN 148.0k
• ▍Operating income -PLN 678.0k
• ▍Net margin -408.1%

Revenue PLN 10.0k; Operating income -PLN 1.1M.

• ▍Revenue PLN 10.0k
• ▍Operating income -PLN 1.1M
• ▍Net margin 2440.0%

Revenue PLN 1.3M, +318,4% YoY; Operating income +937,7% YoY.

• ▍Revenue PLN 1.3M, +318,4% YoY
• ▍Operating income +937,7% YoY
• ▍Net income −910,6% YoY
• ▍Free cash flow −289,6% YoY
• ▍Net margin -1268.3%

Revenue PLN 15.2M, +53,2% YoY; Operating income +33,7% YoY.

• ▍Revenue PLN 15.2M, +53,2% YoY
• ▍Operating income +33,7% YoY
• ▍Net income +33,4% YoY
• ▍Free cash flow +33,8% YoY
• ▍Net margin -30.2%

Revenue PLN 9.9M; Operating income -PLN 6.0M.

• ▍Revenue PLN 9.9M
• ▍Operating income -PLN 6.0M
• ▍Net margin -69.4%