QNT GPW Periodic report · PAP Biznes
Quantum Software SA (QNT) · Q1 2026 results and valuation
Share price: 40.00 zł · 2026-11-10
Results Q1 2026 vs Q1 2025 · year over year · published 29 May 2026 and 30 May 2025
Net income 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
Net income vs Q1 2025
Net income -359.0K vs 750.0K
Revenue −9.7%
2 · How the report reads
Unchanged
Language tone vs last period
Report language: restrained for a company report — about as upbeat as in Q1 2025.
Weak signal: formal report language, not a call.
3 · What stood out Nothing unusual flagged this period.
Valuation
Is Quantum Software SA undervalued?
Reverse DCF. Free cash flow from the last full fiscal year (2025-12-31), grown for 10 years, discounted back, plus a terminal value. “Implied growth” is the rate the current price assumes.
At 13.5% growth a year (3-year revenue growth), the model's fair value is 70.80 zł a share — the stock trades 44% below it. Today's price assumes 4.6% growth a year.
Current price
40.00 zł
close of 2026-11-10
Market implies growth of iThe yearly free-cash-flow growth, for the next 10 years, that today’s share price already assumes. If you believe the company grows faster than this, the stock is cheap under this model; slower, and it is expensive.
+4.6% for 10 yrs
Fair value / share
70.80 zł
Buy below
53.10 zł
Price vs fair value
Undervalued 44%
Price vs buy-below price
Undervalued 25%
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.
Restrained for a company report — about as upbeat as 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
“External factors include: • the impact of the war in Ukraine – both directly on the company Quantum International based in Kyiv, as well as the indirect impact on the social and economic situation in...”
Full figures
PLN · PAP Biznes report (2026-05-29)
| Metric | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | 12.9M | 14.3M | −9.7% |
| Gross profit | 3.1M | 4.0M | −23.4% |
| Operating income | -456.0K | 1.0M | Turned loss |
| Net income | -359.0K | 750.0K | Turned loss |
| EPS | -0.04 | 0.62 | Turned loss |
| P/E today 10.7 | 7.8 | 12.6 | −4.8 |
Topics
Topics are drawn from the full report text, not management commentary.
Most discussed now
- No clear topics this period.
Faded since Q1 2025
- Fading Surplus from capital Shares Capital Sales differences in exchange rates related to Profit/loss from Profit/loss from years not giving own
Latest announcements
Official filings, newest first.
- Informacja o aktualizacji zaproszenia do składania ofert sprzedaży akcji Emitenta przez Quantum Assets sp. z o.o. · ESPI 9/2026
- Half-year report · ESPI periodic
- Zmiana terminu publikacji raportu okresowego za I półrocze 2026 r. · ESPI 8/2026
- Kontynuacja przeglądu opcji strategicznych; informacja o planowanym zaproszeniu do składania ofert sprzedaży akcji Emitenta przez Quantum Assets sp. z o.o. · ESPI 7/2026
- Treść uchwał podjętych przez Zwyczajne Walne Zgromadzenie Akcjonariuszy Spółki Quantum software S.A. w dniu 15 czerwca 2026 r. · ESPI 6/2026
- Uchwała o wypłacie dywidendy podjęta przez Zwyczajne Walne Zgromadzenie Akcjonariuszy Quantum software S.A. · ESPI 5/2026
- Wykaz akcjonariuszy posiadających ponad 5% głosów na Zwyczajnym Walnym Zgromadzeniu Akcjonariuszy · ESPI 4/2026
- Quarterly report · ESPI periodic