Income Statement Stalprofil S.A.

Stocks

STF

PLSTLPF00012

Iron & Steel

Market Closed - Warsaw S.E. 19:55:52 15/09/2026 +04			5-day change	1st Jan Change
9.480 ^PLN	-0.42%		-5.20%	+22.48%

08-28	Stalprofil S.A. Reports Earnings Results for the Half Year Ended June 30, 2026	CI
05-22	Stalprofil S.A. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: STALPROFIL S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (PLN)	2022 (PLN)	2023 (PLN)	2024 (PLN)	2025 (PLN)
Revenues	1.65B	2.22B	1.53B	1.7B	2.2B
Total Revenues	1.65B	2.22B	1.53B	1.7B	2.2B
Cost of Goods Sold, Total	1.41B	2B	1.4B	1.57B	2.02B
Gross Profit	238M	218M	132M	132M	176M
Selling General & Admin Expenses, Total	-	113M	98.72M	106M	150M
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	15.3M	-	-	-	-
Other Operating Expenses	74.86M	-5.1M	-3.6M	-2M	-2.24M
Other Operating Expenses, Total	90.16M	108M	95.12M	104M	148M
Operating Income	148M	110M	37.14M	27.75M	28.53M
Interest Expense, Total	-	-10.26M	-11.73M	-9.74M	-13.13M
Interest And Investment Income	-	5.7M	5.79M	3.2M	2.07M
Net Interest Expenses	-	-4.56M	-5.94M	-6.53M	-11.06M
Currency Exchange Gains (Loss)	-	5.72M	-4.06M	-	-986K
Other Non Operating Income (Expenses)	4.64M	-1.8M	-1.65M	2.56M	-1.92M
EBT, Excl. Unusual Items	153M	109M	25.48M	23.77M	14.57M
Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-84K	34K	127K	193K
Asset Writedown	-	-	-	-	-
Legal Settlements	-	-35K	-13K	-5K	-63K
EBT, Incl. Unusual Items	153M	109M	25.5M	23.89M	14.7M
Income Tax Expense	29.44M	21.06M	5.2M	5.26M	2.9M
Earnings From Continuing Operations	123M	87.7M	20.3M	18.64M	11.79M
Net Income to Company	123M	87.7M	20.3M	18.64M	11.79M
Minority Interest	-7.4M	-8.96M	-4.7M	-4.18M	-5.11M
Net Income - (IS)	116M	78.74M	15.61M	14.45M	6.68M
Net Income to Common Incl Extra Items	116M	78.74M	15.61M	14.45M	6.68M
Net Income to Common Excl. Extra Items	116M	78.74M	15.61M	14.45M	6.68M
Per Share Items
Net EPS - Basic	6.62	4.5	0.89	0.83	0.38
Basic EPS - Continuing Operations	6.62	4.5	0.89	0.83	0.38
Basic Weighted Average Shares Outstanding	17.5M	17.5M	17.5M	17.5M	17.5M
Net EPS - Diluted	6.62	4.5	0.89	0.83	0.38
Diluted EPS - Continuing Operations	6.62	4.5	0.89	0.83	0.38
Diluted Weighted Average Shares Outstanding	17.5M	17.5M	17.5M	17.5M	17.5M
Normalized Basic EPS	5.03	3.38	0.64	0.61	0.23
Normalized Diluted EPS	5.03	3.38	0.64	0.61	0.23
Dividend Per Share	1.2	0.74	0.3	0.3	0.3
Payout Ratio	-	26.67	82.96	36.32	78.56
Supplemental Items
EBITDA	163M	126M	54.56M	46.83M	49.63M
EBITA	148M	110M	38.75M	29.98M	30.85M
EBIT	148M	110M	37.14M	27.75M	28.53M
EBITDAR	-	126M	55.39M	47.32M	-
Effective Tax Rate - (Ratio)	19.27	19.36	20.39	22	19.76
Current Domestic Taxes	-	26.59M	1.48M	638K	6.23M
Total Current Taxes	-	-83K	1.48M	638K	6.23M
Deferred Domestic Taxes	-	-5.44M	3.72M	4.62M	-3.33M
Total Deferred Taxes	-	-5.44M	3.72M	4.62M	-3.33M
Normalized Net Income	88.07M	59.09M	11.23M	10.67M	3.99M
Interest on Long-Term Debt	-	1.07M	1.07M	822K	679K
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	54.88M	46.08M	47.28M	85.86M
General and Administrative Expenses	-	58.52M	52.64M	58.63M	64.27M
Research And Development Expense From Footnotes	-	12.5M	1.72M	692K	420K
Net Rental Expense, Total	-	635K	826K	494K	-
Imputed Operating Lease Interest Expense	-	268K	434K	202K	-
Imputed Operating Lease Depreciation	-	367K	392K	292K	-

Fiscal Period: December	2021 (PLN)	2022 (PLN)	2023 (PLN)	2024 (PLN)	2025 (PLN)
Assets
Cash And Equivalents	51.12M	28.83M	57.16M	44.73M	31.79M
Short Term Investments	-	26.67M	51.68M	-	9.32M
Total Cash And Short Term Investments	51.12M	55.49M	109M	44.73M	41.11M
Accounts Receivable, Total	331M	268M	238M	415M	306M
Other Receivables	17.17M	43.15M	17.76M	17.37M	61.63M
Notes Receivable	-	-	-	2K	-
Total Receivables	348M	311M	256M	432M	368M
Inventory	471M	427M	300M	443M	267M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	25.85M	29K	81K	18.75M	24.34M
Total Current Assets	897M	793M	664M	939M	700M
Gross Property Plant And Equipment	-	432M	470M	494M	499M
Accumulated Depreciation	-	-151M	-166M	-180M	-197M
Net Property Plant And Equipment	279M	281M	304M	314M	302M
Long-term Investments	-	-	-	-	14.51M
Goodwill	3.58M	3.58M	3.58M	3.58M	3.58M
Other Intangibles, Total	632K	13.59M	18.7M	17.69M	15.91M
Deferred Tax Assets Long-Term	23.36M	30.73M	26.39M	21.92M	28.94M
Other Long-Term Assets, Total	1.18M	870K	607K	1.61M	1.02M
Total Assets	1.2B	1.12B	1.02B	1.3B	1.07B
Liabilities
Accounts Payable, Total	273M	-	-	-	-
Accrued Expenses, Total	16.28M	5.4M	3.99M	2.61M	614K
Short-term Borrowings	154M	170M	129M	204M	168M
Current Portion of Long-Term Debt	1.62M	1.62M	1.62M	937K	-
Current Portion of Leases	-	4.13M	3.34M	2.23M	2.01M
Current Income Taxes Payable	25.29M	10.39M	5K	-	-
Unearned Revenue Current, Total	110M	-	-	-	-
Other Current Liabilities	46M	284M	230M	433M	237M
Total Current Liabilities	626M	476M	368M	643M	408M
Long-Term Debt	8.97M	7.35M	5.74M	2.19M	-
Long-Term Leases	-	17.23M	17.15M	15.19M	14.6M
Unearned Revenue Non Current	-	24.81M	23.46M	21.86M	20.25M
Pension & Other Post Retirement Benefits	-	1.73M	1.79M	2.53M	617K
Deferred Tax Liability Non Current	6.59M	8.52M	7.96M	7.09M	10.79M
Other Non Current Liabilities	40.43M	-	-	1K	-
Total Liabilities	682M	535M	424M	692M	454M
Common Stock, Total	1.75M	1.75M	1.75M	1.75M	1.75M
Additional Paid In Capital	8M	8M	8M	8M	8M
Retained Earnings	212M	482M	485M	494M	495M
Comprehensive Income and Other	211M	-571K	-342K	-368K	-133K
Total Common Equity	433M	491M	494M	503M	505M
Minority Interest	88.9M	96.26M	99.37M	102M	106M
Total Equity	522M	587M	593M	606M	611M
Total Liabilities And Equity	1.2B	1.12B	1.02B	1.3B	1.07B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	17.5M	17.5M	17.5M	17.5M	17.5M
ECS Total Common Shares Outstanding	17.5M	17.5M	17.5M	17.5M	17.5M
Book Value / Share	24.76	28.07	28.23	28.76	28.85
Tangible Book Value	429M	474M	472M	482M	485M
Tangible Book Value Per Share	24.52	27.09	26.96	27.54	27.74
Total Debt	165M	201M	157M	225M	185M
Net Debt	114M	145M	47.86M	180M	144M
Debt Equivalent Oper. Leases	-	5.08M	6.61M	3.95M	-
Minority Interest, Total (Incl. Fin. Div)	88.9M	96.26M	99.37M	102M	106M
Account Code - Inventory Valuation	3	5	5	5	5
Inventories - Raw Materials, Total	-	106M	102M	138M	60.9M
Inventories - Work In Process, Total	-	6.16M	4.86M	2.7M	2.42M
Inventories - Finished Goods, Total	-	379M	192M	303M	203M
Land - (BS)	-	20.78M	23.34M	23.43M	23.43M
Buildings, Total	-	242M	260M	273M	270M
Machinery, Total	-	149M	166M	176M	174M
Full Time Employees	543	-	-	574	576
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2021 (PLN)	2022 (PLN)	2023 (PLN)	2024 (PLN)	2025 (PLN)
Net Income	116M	78.74M	15.61M	14.45M	6.68M
Depreciation & Amortization - CF	15.3M	15.89M	15.81M	16.85M	18.78M
Amortization of Goodwill and Intangible Assets - (CF)	-	235K	1.61M	2.23M	2.33M
Depreciation & Amortization, Total	15.3M	16.13M	17.42M	19.08M	21.1M
(Gain) Loss From Sale Of Asset	-	84K	-34K	-126K	-194K
Asset Writedown & Restructuring Costs	-	-	-	-	-
Other Operating Activities, Total	-106M	-1.4M	5.34M	16.82M	16.56M
Change In Accounts Receivable	-	36.8M	51.06M	-197M	60.27M
Change In Inventories	-	44.12M	127M	-143M	176M
Change in Other Net Operating Assets	-	-149M	-54.13M	200M	-219M
Cash from Operations	24.74M	25.92M	163M	-89.57M	62.18M
Capital Expenditure	-	-26.07M	-38.07M	-27.63M	-5.33M
Sale of Property, Plant, and Equipment	-	487K	111K	131K	304K
Cash Acquisitions	-	-	-	-	-8.68M
Investment in Marketable and Equity Securities, Total	-	-591K	-24.5M	50.63M	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	0	-
Other Investing Activities, Total	-36.7M	2.03M	3.48M	2.94M	178K
Cash from Investing	-36.7M	-24.15M	-58.98M	26.07M	-13.53M
Long-Term Debt Issued, Total	-	110M	53.52M	144M	91.41M
Total Debt Issued	-	110M	53.52M	144M	91.41M
Long-Term Debt Repaid, Total	-	-100M	-101M	-77.08M	-133M
Total Debt Repaid	-	-100M	-101M	-77.08M	-133M
Common Dividends Paid	-	-21M	-12.95M	-5.25M	-5.25M
Common & Preferred Stock Dividends Paid	-	-21M	-12.95M	-5.25M	-5.25M
Other Financing Activities, Total	16.64M	-12.64M	-14.31M	-11.78M	-14.49M
Cash from Financing	16.64M	-24.09M	-74.65M	50.33M	-61.54M
Foreign Exchange Rate Adjustments	-	20K	-746K	731K	-50K
Net Change in Cash	4.68M	-22.3M	28.34M	-12.43M	-12.94M
Supplemental Items
Cash Interest Paid	-	9.81M	11.45M	9.24M	12.6M
Cash Income Tax Paid (Refund)	-	42.28M	12.74M	726K	5.56M
Levered Free Cash Flow	-29.14M	-32.25M	112M	-134M	62.59M
Unlevered Free Cash Flow	-29.14M	-25.84M	119M	-128M	70.79M
Change In Net Working Capital	137M	84.34M	-117M	137M	-37.19M
Net Debt Issued / Repaid	-	9.56M	-47.39M	67.37M	-41.8M

Fiscal Period: December	2021 (PLN)	2022 (PLN)	2023 (PLN)	2024 (PLN)	2025 (PLN)
Profitability
Return on Assets	8.73	5.88	2.17	1.5	1.51
Return on Total Capital	15.09	9.14	3.02	2.19	2.19
Return On Equity %	26.64	15.81	3.44	3.11	1.94
Return on Common Equity	30.76	17.03	3.17	2.9	1.33
Margin Analysis
Gross Profit Margin %	14.46	9.83	8.62	7.73	8.02
SG&A Margin	-	5.12	6.44	6.22	6.82
EBITDA Margin %	9.91	5.67	3.56	2.75	2.26
EBITA Margin %	8.99	4.95	2.53	1.76	1.4
EBIT Margin %	8.99	4.94	2.42	1.63	1.3
Income From Continuing Operations Margin %	7.48	3.96	1.32	1.09	0.54
Net Income Margin %	7.03	3.55	1.02	0.85	0.3
Net Avail. For Common Margin %	7.03	3.55	1.02	0.85	0.3
Normalized Net Income Margin	5.34	2.67	0.73	0.63	0.18
Levered Free Cash Flow Margin	-1.77	-1.46	7.31	-7.89	2.84
Unlevered Free Cash Flow Margin	-1.77	-1.17	7.79	-7.53	3.22
Asset Turnover
Asset Turnover	1.55	1.9	1.43	1.47	1.86
Fixed Assets Turnover	5.92	7.92	5.24	5.51	7.15
Receivables Turnover (Average Receivables)	5.5	7.34	6.07	5.22	6.11
Inventory Turnover (Average Inventory)	3.72	4.45	3.86	4.24	5.7
Short Term Liquidity
Current Ratio	1.43	1.67	1.8	1.46	1.72
Quick Ratio	0.64	0.77	0.99	0.74	1
Operating Cash Flow to Current Liabilities	0.04	0.05	0.44	-0.14	0.15
Days Sales Outstanding (Average Receivables)	66.35	49.72	60.18	70.13	59.78
Days Outstanding Inventory (Average Inventory)	98.21	82.04	94.6	86.42	63.98
Average Days Payable Outstanding	54.33	-	-	-	-
Cash Conversion Cycle (Average Days)	110.23	-	-	-	-
Long Term Solvency
Total Debt/Equity	31.55	34.14	26.41	37.09	30.23
Total Debt / Total Capital	23.99	25.45	20.89	27.05	23.22
LT Debt/Equity	1.72	4.18	3.86	2.87	2.39
Long-Term Debt / Total Capital	1.31	3.12	3.05	2.09	1.83
Total Liabilities / Total Assets	56.62	47.68	41.69	53.32	42.62
EBIT / Interest Expense	-	10.68	3.17	2.85	2.17
EBITDA / Interest Expense	-	12.25	4.65	4.81	3.78
(EBITDA - Capex) / Interest Expense	-	9.71	1.41	1.97	3.37
Total Debt / EBITDA	1.01	1.6	2.87	4.8	3.72
Net Debt / EBITDA	0.7	1.15	0.88	3.84	2.9
Total Debt / (EBITDA - Capex)	1.01	2.01	9.5	11.7	4.17
Net Debt / (EBITDA - Capex)	0.7	1.46	2.9	9.37	3.24
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	6.29	34.42	-30.77	11.1	29.14
Gross Profit, 1 Yr. Growth %	85.82	-8.92	-39.28	-0.45	33.99
EBITDA, 1 Yr. Growth %	227.54	-23.08	-56.57	-14.17	5.97
EBITA, 1 Yr. Growth %	316.95	-25.99	-64.69	-22.64	2.92
EBIT, 1 Yr. Growth %	316.95	-26.03	-66.09	-25.29	2.81
Earnings From Cont. Operations, 1 Yr. Growth %	352.43	-28.89	-76.85	-8.22	-36.71
Net Income, 1 Yr. Growth %	446.47	-32.07	-80.18	-7.4	-53.76
Normalized Net Income, 1 Yr. Growth %	473.61	-32.87	-80.99	-4.96	-62.58
Diluted EPS Before Extra, 1 Yr. Growth %	446.47	-32.03	-80.22	-7.2	-53.99
Accounts Receivable, 1 Yr. Growth %	23.67	-20.34	-11.02	74.23	-26.26
Inventory, 1 Yr. Growth %	63.75	-9.37	-29.84	47.88	-39.79
Net Property, Plant and Equip., 1 Yr. Growth %	0.03	0.76	8.32	3.23	-3.95
Total Assets, 1 Yr. Growth %	31.17	-6.74	-9.35	27.48	-17.9
Tangible Book Value, 1 Yr. Growth %	35.76	10.45	-0.47	2.16	0.71
Common Equity, 1 Yr. Growth %	35.26	13.34	0.59	1.86	0.33
Cash From Operations, 1 Yr. Growth %	-75.17	4.77	527.8	-155.05	-169.42
Capital Expenditures, 1 Yr. Growth %	-	125.95	46.03	-27.44	-80.71
Levered Free Cash Flow, 1 Yr. Growth %	-128.39	60.52	-447.74	-219.84	-146.57
Unlevered Free Cash Flow, 1 Yr. Growth %	-128.39	37.03	-562.38	-207.39	-155.17
Dividend Per Share, 1 Yr. Growth %	650	-38.33	-59.46	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.39	19.53	-3.54	-12.3	19.78
Gross Profit, 2 Yr. CAGR %	53.78	30.33	-25.63	-22.25	15.49
EBITDA, 2 Yr. CAGR %	99.25	58.69	-42.2	-38.95	-4.63
EBITA, 2 Yr. CAGR %	128.03	75.77	-48.88	-47.74	-10.77
EBIT, 2 Yr. CAGR %	129.03	75.58	-49.91	-49.67	-12.36
Earnings From Cont. Operations, 2 Yr. CAGR %	137.55	79.37	-59.42	-53.9	-23.79
Net Income, 2 Yr. CAGR %	163.87	92.67	-63.3	-57.16	-34.57
Normalized Net Income, 2 Yr. CAGR %	177.86	96.18	-64.28	-57.5	-40.36
Diluted EPS Before Extra, 2 Yr. CAGR %	164.05	92.67	-63.33	-57.16	-34.66
Accounts Receivable, 2 Yr. CAGR %	16.3	-0.05	-15.8	24.51	13.34
Inventory, 2 Yr. CAGR %	13.4	21.83	-20.26	1.86	-5.64
Net Property, Plant and Equip., 2 Yr. CAGR %	1.22	0.39	4.47	5.74	-0.42
Total Assets, 2 Yr. CAGR %	13.01	10.6	-8.06	7.5	2.31
Tangible Book Value, 2 Yr. CAGR %	20.27	22.45	4.85	0.84	1.43
Common Equity, 2 Yr. CAGR %	20.09	23.82	6.78	1.22	1.09
Cash From Operations, 2 Yr. CAGR %	-39.17	-48.99	156.47	85.9	-38.18
Capital Expenditures, 2 Yr. CAGR %	-	-	81.65	2.94	-62.59
Levered Free Cash Flow, 2 Yr. CAGR %	-7.83	-43.95	136.26	104.14	-25.3
Unlevered Free Cash Flow, 2 Yr. CAGR %	-10.75	-49.83	151.72	122.83	-23.03
Dividend Per Share, 2 Yr. CAGR %	314.04	115.06	-50	-36.33	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.25	15.73	-0.37	1.11	-0.23
Gross Profit, 3 Yr. CAGR %	25.42	29.3	1.04	-18.04	-6.79
EBITDA, 3 Yr. CAGR %	45.2	45.06	3.03	-34.06	-26.63
EBITA, 3 Yr. CAGR %	52.34	56.77	2.94	-41.31	-34.49
EBIT, 3 Yr. CAGR %	52.72	57.12	1.49	-42.77	-36.14
Earnings From Cont. Operations, 3 Yr. CAGR %	53.03	58.91	-9.35	-46.73	-48.77
Net Income, 3 Yr. CAGR %	58.83	67.86	-9.72	-50.04	-56.05
Normalized Net Income, 3 Yr. CAGR %	61.33	73.03	-9.89	-50.5	-59.26
Diluted EPS Before Extra, 3 Yr. CAGR %	58.93	67.94	-9.78	-50.03	-56.13
Accounts Receivable, 3 Yr. CAGR %	13.15	2.99	-3.85	7.29	4.56
Inventory, 3 Yr. CAGR %	8.57	5.24	1.36	-2.03	-14.52
Net Property, Plant and Equip., 3 Yr. CAGR %	4.48	1.07	2.97	4.06	2.41
Total Assets, 3 Yr. CAGR %	10.44	6	3.51	2.53	-1.74
Tangible Book Value, 3 Yr. CAGR %	14.75	16.91	14.28	3.95	0.8
Common Equity, 3 Yr. CAGR %	14.59	17.79	15.53	5.11	0.92
Cash From Operations, 3 Yr. CAGR %	-30.66	-27.09	17.77	53.56	33.87
Capital Expenditures, 3 Yr. CAGR %	-	5.08	-	33.78	-41.09
Levered Free Cash Flow, 3 Yr. CAGR %	-33.15	-2.04	2.99	88.42	24.73
Unlevered Free Cash Flow, 3 Yr. CAGR %	-32.74	-10.94	5.19	89.49	39.93
Dividend Per Share, 3 Yr. CAGR %	73.44	119.47	23.31	-37	-25.99
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	15.55	14.67	1.06	3.58	7.25
Gross Profit, 5 Yr. CAGR %	31.05	17.27	1.83	5.5	6.59
EBITDA, 5 Yr. CAGR %	91.76	19.42	0.44	2.61	-0.11
EBITA, 5 Yr. CAGR %	97.2	22.08	-1.55	1.03	-2.78
EBIT, 5 Yr. CAGR %	94.82	22.21	-2.24	-0.35	-4.29
Earnings From Cont. Operations, 5 Yr. CAGR %	73.17	29.13	-10.01	-3.13	-15.43
Net Income, 5 Yr. CAGR %	60.94	30.5	-11.61	-2.79	-20.63
Normalized Net Income, 5 Yr. CAGR %	75.65	30.17	-11.74	-1.32	-23.61
Diluted EPS Before Extra, 5 Yr. CAGR %	60.94	30.5	-11.61	-2.76	-20.7
Accounts Receivable, 5 Yr. CAGR %	25.78	13.66	0.81	11.11	2.69
Inventory, 5 Yr. CAGR %	11.84	7.14	-4.04	3.87	-1.5
Net Property, Plant and Equip., 5 Yr. CAGR %	2.92	3.38	4.48	2.91	1.6
Total Assets, 5 Yr. CAGR %	12.81	7.88	2.63	6.6	3.02
Tangible Book Value, 5 Yr. CAGR %	12.33	12.84	10.68	10.19	8.96
Common Equity, 5 Yr. CAGR %	12.15	13.28	11.4	10.86	9.52
Cash From Operations, 5 Yr. CAGR %	33.42	13.82	17.01	6.02	-8.99
Capital Expenditures, 5 Yr. CAGR %	-	30.19	20.55	4.22	-
Levered Free Cash Flow, 5 Yr. CAGR %	70.29	6.58	2.83	31.4	-9.42
Unlevered Free Cash Flow, 5 Yr. CAGR %	106.52	3.45	4.52	28.53	-7.16
Dividend Per Share, 5 Yr. CAGR %	64.38	32.68	5.46	33.78	13.4