CLC GPW Periodic report · PAP Biznes
Columbus Energy SA (CLC) · Q1 2026 results
Share price: 2.70 zł · 2026-11-10
Results Q1 2026 vs Q1 2024 · year over year · published 29 May 2026 and 29 May 2024
EPS turned to a loss from a profit a year earlier. The report's language is unchanged.
Only a basic analysis is available for this company at the moment.
1 · Numbers
Turned loss
EPS vs Q1 2024
EPS -0.05 vs 4.10
2 · How the report reads
Unchanged
Language tone vs last period
Report language: restrained for a company report — about as upbeat as in Q1 2024.
Weak signal: formal report language, not a call.
3 · What stood out
Figure
The company currently has 77 billion PLN available for use.
Valuation
Reverse DCF. Free cash flow from the last full fiscal year, grown for 10 years, discounted back, plus a terminal value. “Implied growth” is the rate the current price assumes.
Valuation unavailable: free cash flow and profit were negative in the last full year and on average over the last three, so there is nothing to discount.
Current price
2.70 zł
close of 2026-11-10
P/E
1.7
today
Revenue growth, 3 years
−21.3% a year
compound annual rate (CAGR)
Read between the lines
-
Rising
Excluding the impact of receivables and tax liabilities from the ZCP transaction, the sale of the organized part was the primary driver of growth.
Source quote
“Except for the impact of receivables from the sale of ZCP and tax liabilities arising therefrom, the transaction of the sale of the organized part described in note 4.18.”
Tone
How upbeat the language was, compared with other companiesiTone counts positive minus negative finance words, adjusted for length. Executives mostly speak positively, so the labels compare each call with every company's latest call: “typical” is the middle third, “very upbeat” the top tenth, “cautious” the bottom tenth.. Dot: Q1 2026. Ring: Q1 2024.
Restrained for a company report — about as upbeat as in Q1 2024. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.
Sentences that drove the tone
“Significant changes in reporting items, amounts having a significant impact on assets, liabilities, equity, net financial result, or cash flows, which are unusual due to their nature, size, impact...”
“A deviation exceeding 13% in any of these parameters or an equivalent combination of changes (e.g., a 10% decrease in volume and a 10% decrease in margin) would require additional working capital financing estimated at approximately”
“Decrease in profitability”
Full figures
PLN · PAP Biznes report (2026-05-29)
| Metric | Q1 2026 | Q1 2024 | Change |
|---|---|---|---|
| Revenue | — | 123.9M | |
| EPS | -0.05 | 4.10 | Turned loss |
| P/E today 1.7 | 2.2 | 12-mo loss | — |
Topics
Topics are drawn from the full report text, not management commentary.
Most discussed now
- New The option exercise price is based on the valuation prepared as of the date of the ZCP sale transaction, increased by any potential surplus…
- The parent company is finalizing an agreement with RUBY01A regarding the extension of the maturity date of the receivables to 31.12.2026…
- Sales revenue primarily relates to the supply and installation of: photovoltaic systems, heat pumps, and energy storage systems for…
- Continuing operations — revenue from installation and sale of core products
- The activities conducted by the Group expose it to the following financial risks: liquidity risk
Faded since Q1 2024
- Fading Columbus Energy initiated the financing structure transformation with bridge support from its investor DC24 ASI, who refinanced and…
- Fading Development and construction of photovoltaic farms with a total capacity of up to 62 MW
- Fading Implementation of a photovoltaic farm project with a total capacity of up to 39 MW
- Fading The Act on Spatial Planning and Management and certain other acts fundamentally change the approach to the construction of photovoltaic…
Latest announcements
Official filings, newest first.
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- Udzielenie odpowiedzi na pytanie akcjonariusza w trybie art. 428 §6 KSH · ESPI 31/2026
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- Rezygnacja Wiceprezesa Zarządu · ESPI 29/2026
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- Zawarcie kolejnego aneksu do umowy kredytu w rachunku bieżący z instytucją bankową · ESPI 26/2026