Mlp Group SA

Mlp Group SA maintains a capital structure characterized by significant leverage, with long-term debt of 3,078,451,000 PLN against total equity of 3,196,962,000 PLN, resulting in a debt-to-equity ratio of 0.96. The company reports zero cash and equivalents, leading to a negative net cash position and a current ratio of 0.65, which indicates medium liquidity risk as short-term liabilities exceed current assets. Despite the leverage, the firm generates positive free cash flow of 461,406,000 PLN, supported by minimal capital expenditures of -903,000 PLN, suggesting that operating cash flows of 233,816,000 PLN are sufficient to cover immediate obligations and debt service requirements.

Profitability metrics demonstrate strong returns on capital, with a return on equity of 14.36% and a return on assets of 6.57%. The company reports net income of 458,994,000 PLN on revenue of 420,527,000 PLN, indicating a net margin exceeding 100%, which is atypical and suggests significant non-operating income or accounting adjustments not detailed in the snapshot. Operating income is reported at 701,731,000 PLN, further highlighting the discrepancy between revenue and profit figures, potentially due to one-time gains or specific real estate valuation methods. Without cohort medians for direct comparison, these returns appear robust relative to the asset base of 6,988,085,000 PLN.

Revenue grew 12.9% year-over-year to PLN 420.5 million, reflecting strong top-line expansion momentum.

Free cash flow surged 24.2% year-over-year to PLN 461.4 million, highlighting robust cash generation.

Debt-to-equity ratio of 0.96 places the company in the bottom quartile, signaling high leverage risk.

High credit risk flag indicates significant potential for loan losses or counterparty default issues.

Long-term debt increased to PLN 3.17 billion in FY2025, raising concerns about debt servicing capacity.

Analyst consensus suggests 10.2% downside from current price, implying limited near-term upside potential.

Medium liquidity risk flag suggests potential challenges in meeting short-term financial obligations.

Free cash flow +246,2% YoY.

• ▍Free cash flow +246,2% YoY

Revenue PLN 100.2M, +10,6% YoY; Operating income +4 694,4% YoY.

• ▍Revenue PLN 100.2M, +10,6% YoY
• ▍Operating income +4 694,4% YoY
• ▍Net income +163,9% YoY
• ▍Free cash flow +177,8% YoY
• ▍Net margin 10.6%

Revenue PLN 97.9M, +7,0% YoY; Operating income −37,9% YoY.

• ▍Revenue PLN 97.9M, +7,0% YoY
• ▍Operating income −37,9% YoY
• ▍Net income −54,1% YoY
• ▍Free cash flow −53,6% YoY
• ▍Net margin 124.5%

Revenue PLN 109.2M; Operating income -PLN 49.8M.

• ▍Revenue PLN 109.2M
• ▍Operating income -PLN 49.8M
• ▍Net margin -39.1%

Revenue PLN 94.1M; Operating income PLN 167.8M.

• ▍Revenue PLN 94.1M
• ▍Operating income PLN 167.8M
• ▍Net margin 113.8%

Revenue PLN 90.6M; Operating income PLN 1.5M.

• ▍Revenue PLN 90.6M
• ▍Operating income PLN 1.5M
• ▍Net margin -18.3%

Revenue PLN 91.5M; Operating income PLN 347.4M.

• ▍Revenue PLN 91.5M
• ▍Operating income PLN 347.4M
• ▍Net margin 290.1%

Revenue PLN 420.5M, +12,9% YoY; Operating income +29,2% YoY.

• ▍Revenue PLN 420.5M, +12,9% YoY
• ▍Operating income +29,2% YoY
• ▍Net income +23,3% YoY
• ▍Free cash flow +24,2% YoY
• ▍Net margin 109.1%

Revenue PLN 372.4M, +3,2% YoY; Operating income +781,6% YoY.

• ▍Revenue PLN 372.4M, +3,2% YoY
• ▍Operating income +781,6% YoY
• ▍Net income +815,0% YoY
• ▍Free cash flow +654,6% YoY
• ▍Net margin 99.9%

Revenue PLN 360.8M, +29,3% YoY; Operating income −113,5% YoY.

• ▍Revenue PLN 360.8M, +29,3% YoY
• ▍Operating income −113,5% YoY
• ▍Net income −112,3% YoY
• ▍Free cash flow −115,8% YoY
• ▍Net margin -14.4%

Revenue PLN 279.1M, +39,1% YoY; Operating income −6,7% YoY.

• ▍Revenue PLN 279.1M, +39,1% YoY
• ▍Operating income −6,7% YoY
• ▍Net income −12,1% YoY
• ▍Free cash flow −12,0% YoY
• ▍Net margin 151.4%

Revenue PLN 200.6M; Operating income PLN 632.3M.

• ▍Revenue PLN 200.6M
• ▍Operating income PLN 632.3M
• ▍Net margin 239.5%