SVRS GPW Periodic report · PAP Biznes

Silvair Inc. (SVRS) · Q1 2026 results

Share price: 3.46 zł · 2026-11-10

Results Q1 2026 vs Q1 2025 · year over year · published 20 May 2026 and 15 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 -336.2M vs 171.0K

Revenue +2100.7%

2 · How the report reads

Unchanged

Language tone vs last period

Report language: typical 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

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

3.46 zł

close of 2026-11-10

P/E

217.0

today

Revenue growth, 3 years

+50.6% 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 restrained)

Typical 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
“Liquidity risk — this is the risk that arises when the Group encounters difficulties in meeting obligations related to financial liabilities.”
“A significant assumption of this migration is also increasing supply chain predictability for Group partners and improving device availability.”
“The developing platform is intended to provide easier and more cost-effective access to building data, supporting the development of new service models for owners and managers of commercial properties.”

Full figures

USD · PAP Biznes report (2026-05-20)

Metric Q1 2026 Q1 2025 Change
Revenue 22.7M 1.0M +2100.7%
Gross profit — 560.0K
Operating income — 226.0K
Net income -336.2M 171.0K Turned loss
EPS -0.02 0.01 Turned loss
P/E today 217.0 267.5 12-mo loss —

Topics

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

Most discussed now

  • In the Issuer's opinion, as of the publication date, no future cash outflows to which it might be exposed as a lessee will occur.
  • The Group applies the direct consolidation method, which involves translating the financial statements of subsidiaries directly into the…
  • Groups: software production for remote device communication and smart lighting systems, due to their specific nature, are exposed to this…
  • The Group is working on product development in other segments and expects to realize revenue from these activities in the coming years.
  • Amendments to IFRS 7 introduce new disclosure requirements for contracts

Faded since Q1 2025

  • Fading In the Issuer's assessment, the impact on the Group's financial results in the perspective of subsequent periods will be:
  • Fading For the first time, revenue from the sale of products and services

Latest announcements

Official filings, newest first.