btlines

NVA GPW sWIG80 Periodic report · PAP Biznes

P.A. Nova SA (NVA) · Q2 2026 results

Share price: 18.10 zł · 2026-11-10

Results Q2 2026 vs Q2 2025 · year over year · published 17 Sep 2026 and 19 Sep 2025

Net income up 259.2% year on year. The report's language is unchanged.

Only a basic analysis is available for this company at the moment.

1 · Numbers

+259.2%

Net income vs Q2 2025

Net income 41.4M vs 11.5M

Revenue +57.2%

2 · How the report reads

Unchanged

Language tone vs last period

Report language: typical for a company report — about as upbeat as in Q2 2025.

Weak signal: formal report language, not a call.

3 · What stood out

P.A. Nova SA reported transactions that would result in an increase in tax liabilities, negatively impacting the operations, financial position, and results of the Group.

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

18.10 zł

close of 2026-11-10

P/E

8.9

today

Revenue growth, 3 years

+6.1% a year

compound annual rate (CAGR)

Official channels

The company's own website and social media accounts.

Read between the lines

No major shifts flagged this period.

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: Q2 2026. Ring: Q2 2025.

Report language Typical (was typical)

Typical for a company report — about as upbeat as in Q2 2025. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.

Sentences that drove the tone
“transactions, which would result in an increase in tax liabilities of the Issuer and the Issuer's Group, and would thus have a negative impact on the operations, financial position, and results of the Group.”

Full figures

PLN · PAP Biznes report (2026-09-17)

Metric Q2 2026 Q2 2025 Change
Revenue 209.9M 133.5M +57.2%
Gross profit 61.6M 26.5M +132.6%
Operating income 55.6M 21.1M +163.4%
Net income 41.4M 11.5M +259.2%
EPS 4.14 1.15 +260.0%
P/E today 8.9 8.3 9.2 −0.9

Topics

Topics are drawn from the full report text, not management commentary.

Most discussed now

  • Addendum to the loan agreement between San Development Sp.
  • This segment generated over 70% of the Group's revenue, which was significantly influenced by two transactions involving the sale of…
  • Effective date of the agreement at the Company's registered office: February 3, 2026.
  • Until the resale of the completed properties, the Issuer will receive rental income from the constructed commercial and service areas.
  • The Issuer's Group seeks to mitigate the described risk by entering into purchase agreements for development projects with future buyers…

Faded since Q2 2025

  • Fading On each balance sheet date, in the case of assets and liabilities occurring on respective balance sheet dates in the Group's financial…
  • Fading The carrying amount of the asset related to deferred tax is verified on each balance sheet date and is subject to a corresponding reduction…
  • Fading The selected financial data presented below have been converted into EUR according to the following rules

Latest announcements

Official filings, newest first.

Similar companies

Industrials · Engineering & Construction
All Industrials companies →