trending Market Intelligence /marketintelligence/en/news-insights/trending/dDbNUDeNOdHRRL3qZX_5Pw2 content esgSubNav
In This List

Miraculum swings to profit in Q3

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


Miraculum swings to profit in Q3

Miraculum SA said its third-quarter normalized net income came to 2 groszy per share, compared with a loss of 4 groszy per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 202,750 zlotys, compared with a loss of 271,690 zlotys in the year-earlier period.

The normalized profit margin climbed to 1.9% from negative 3.1% in the year-earlier period.

Total revenue rose 24.3% year over year to 10.9 million zlotys from 8.8 million zlotys, and total operating expenses rose 22.6% on an annual basis to 10.0 million zlotys from 8.1 million zlotys.

Reported net income came to 275,500 zlotys, or 2 groszy per share, compared to a loss of 616,370 zlotys, or a loss of 10 groszy per share, in the year-earlier period.

As of Nov. 14, US$1 was equivalent to 4.12 zlotys.