trending Market Intelligence /marketintelligence/en/news-insights/trending/jASa6bCnpSagOQqHRBCVIA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Miraculum swings to loss in Q1


Q&A: Navigating Climate Risk as a Financial Risk


Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain


Fintech Intelligence Newsletter: February 2021


Episode 5: The Future of Work - The World of Workforce Experience and Productivity

Miraculum swings to loss in Q1

Miraculum SA said its first-quarter normalized net income was a loss of 10 groszy per share, compared with 4 groszy per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 555,450 zlotys, compared with income of 209,760 zlotys in the year-earlier period.

The normalized profit margin fell to negative 7.7% from 2.4% in the year-earlier period.

Total revenue declined 18.6% on an annual basis to 7.2 million zlotys from 8.9 million zlotys, and total operating expenses declined 5.2% on an annual basis to 7.3 million zlotys from 7.7 million zlotys.

Reported net income fell 88.8% year over year to 47,880 zlotys, or 1 groszy per share, from 429,250 zlotys, or 8 groszy per share.

As of May 15, US$1 was equivalent to 3.54 zlotys.