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VIN GPW Periodic report · PAP Biznes

GPM Vindexus SA (VIN) · Q1 2026 results

Share price: 13.55 zł · 2026-11-10

Results Q1 2026 vs Q1 2025 · year over year · published 30 May 2026 and 1 Jun 2025

Net income down 17.2% year on year. The report's language is unchanged.

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

1 · Numbers

−17.2%

Net income vs Q1 2025

Net income 4.9M vs 5.9M

Revenue +9.5%

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

Figure

The biggest players are acquiring large packages with a nominal value in the range of PLN 1 billion to PLN 5 billion.

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 Restrained (was restrained)

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
“For receivables from loans, bonds, and trade receivables and other receivables, expected credit losses are estimated, and their impact on the financial result is recognized through the creation of write-downs.”
“This category includes assets for which there are no payment delays exceeding 90 days, and no indications of a deterioration in the financial situation.”
“The estimation of the effective interest rate adjusted for credit risk is performed by estimating expected cash flows, taking into account all terms of the financial asset component agreement (e.g., prepayments, extensions, purchase options, or similar).”

Full figures

PLN · PAP Biznes report (2026-05-30)

Metric Q1 2026 Q1 2025 Change
Revenue 32.2M 29.4M +9.5%
Gross profit 11.1M 13.3M −16.4%
EBITDA 7.5M —
Operating income 7.0M 9.2M −23.9%
Net income 4.9M 5.9M −17.2%
EPS 0.44 0.50 −12.0%
P/E today 5.5 5.7 4.9 +0.8

Topics

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

Most discussed now

  • Disclosure of information on the data used, including those not observable for the valuation of shares and stakes at fair value.
  • Revenue from the management of third-party receivables service, set as a % of collected payments *Interest income from the receivables…
  • Fading Its activity is based on investing in portfolios of NPL receivables for their further independent collection.
  • The current ratio remains at a high level of 7.82 (compared to 10.50 in 2025), indicating a very good ability to settle short-term…
  • A discount rate reflecting the time value of money (risk-free rate) and a risk premium consistent with market participants' assumptions are…

Faded since Q1 2025

  • Fading The Group achieved higher revenues both on an accounting basis (+15.6%) and on a cash basis (+33.4%), primarily due to improved repayments…
  • Fading In the current quarter, the Company did not record any events that would have a material impact on the fair value of the remaining shares…
  • Fading Its activity is based on investing in packages of enforceable receivables for their subsequent independent collection.

Latest announcements

Official filings, newest first.

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