PPS GPW Periodic report · PAP Biznes

Pepees SA (PPS) · Q1 2026 results

Share price: 0.68 zł · 2026-11-10

Results Q1 2026 vs Q1 2025 · year over year · published 15 May 2026 and 23 May 2025

Net income turned to a loss from a profit a year earlier. The language turned more cautious.

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

1 · Numbers

Turned loss

Net income vs Q1 2025

Net income -4.0M vs 564.0K

Revenue −17.8%

2 · How the report reads

More cautious

Language tone vs last period

Report language: typical for a company report — more cautious than in Q1 2025.

Weak signal: formal report language, not a call.

3 · What stood out Nothing unusual flagged this period.

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

0.68 zł

close of 2026-11-10

Revenue growth, 3 years

−1.5% 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: Q1 2026. Ring: Q1 2025.

Report language Typical (was typical)

Typical for a company report — more cautious than in Q1 2025. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.

Sentences that drove the tone
“To date, this translates into an increase in energy prices, transport services, and consequently, an increase in the prices of all products and services in European markets.”

Full figures

PLN · PAP Biznes report (2026-05-15)

Metric Q1 2026 Q1 2025 Change
Revenue 59.3M 72.1M −17.8%
Gross profit 10.4M 17.3M −40.1%
Operating income -2.3M 3.6M Turned loss
Net income -4.0M 564.0K Turned loss
EPS -0.04 0.01 Turned loss
P/E 12-mo loss 12-mo loss —

Topics

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

Most discussed now

  • During the presented period, no changes in the classification of financial assets occurred as a result of a change in purpose or use.
  • WIBOR for the modernization of the starch dryer and the construction of monthly recovery installations, increased by the Bank's margin
  • Loan currency Borrower remaining percentage of repayment according to the repayment agreement
  • Unusual items having a significant impact on assets, liabilities, equity, financial result, and cash flows
  • The Issuer's Management is concerned about a sharp increase in oil prices, which will result in higher transport and logistics costs, and…

Faded since Q1 2025

  • Fading The court then ordered the plaintiff's counsel to submit, within 14 days, a preparatory brief to indicate the facts material to the merits…
  • Fading 14,938 allocated to (Loan Base Rate financing in the original WIBOR 1M increased investment in the line to 3.5 million EUR, plus the Bank's…
  • Fading *Non-public* In connection with the failure to fulfill notification obligations regarding the acquisition of significant share stakes…
  • Fading 18.1 Transactions of the Issuer with subsidiaries a) Revenue from the sale of products and goods

Latest announcements

Official filings, newest first.