ML System Spolka Akcyjna

ML System Spolka Akcyjna

3.22
EUR
0.00
(0.00%)
-1.13EPS
26.17MMarket Cap
Dec 02Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.79
8.98
6.12
13.12
24.32
16.53
21.46
29.57
43.44
27.13
21.99
16.64
18.98
Basic EPS, GAAP
0.36
2.45
0.38
1.47
1.12
0.61
1.72
0.27
0.03
-2.2
-5.53
-5.75
-4.83
Free Cash Flow per Basic Share
-0.45
1.52
-0.52
0.71
-0.83
-8.45
-12.66
-7.61
-5.5
-24.21
-0.49
-1.5
-2.04
Dividend per Share
- -
- -
- -
- -
- -
0.2
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.49
3.95
4.33
6.32
13.25
13.69
22.63
22.55
22.58
25.36
19.84
14.04
13.17
Tangible Book Value per Share
1.09
3.19
3.34
5.3
12.08
12.41
20.9
20.72
19.96
21.96
15.7
9.02
8.01
Basic Weighted Avg Shares
6
6
6
4
5
6
6
6
6
7
7
7
7
Sales/Revenue/Turnover
50
51
35
54
123
93
127
189
282
189
162
123
140
Operating Margin (%)
4.64
28.67
9.07
13.26
5.84
2.69
8.91
1.8
2.11
-5.65
-22.34
-27.17
-17.97
Depreciation Expense
2
3
5
7
7
9
11
20
29
23
27
22
22
Net Income, GAAP
2
14
2
6
6
3
10
2
- -
-15
-41
-42
-36
Effective Tax Rate (%)
- -
- -
- -
0.02
0.6
1.39
0.82
44.99
75.84
- -
- -
- -
- -
Profit Margin (%)
4.06
27.31
6.19
11.17
4.58
3.71
7.99
0.92
0.08
-8.11
-25.14
-34.54
-25.47
Working Capital
-3
-5
-3
-3
23
24
55
45
24
-17
-55
-109
-111
LT Debt
2
15
16
20
12
33
28
57
47
74
70
55
60
Total Equity
8
22
24
36
75
77
144
146
146
187
146
104
97
Return on Invested Capital (%)
- -
45.38
5.5
11.47
8.1
4.35
6.88
1.08
0.66
- -
- -
- -
- -
Return on Capital (%)
- -
45.38
5.63
11.84
8.15
4.35
6.92
1.12
0.68
- -
- -
- -
- -
Return on Common Equity (%)
- -
90.17
9.15
20.18
10.23
4.55
9.18
1.2
0.15
-9.2
-24.45
-33.94
-29.29

Capital Structure

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
90
100
103
LT Borrowings
44
43
47
LT Finance Leases
14
13
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
Market Capitalization
116
107
112

Working Capital

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
96
85
93
Cash, Cash Equivalents & STI
10
7
4
Accounts Receivable, Net
51
52
67
Inventories
34
19
21
Total Current Liabilities
195
195
204
Payables & Accruals
- -
- -
- -
ST Debt
90
100
103
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.35%
-4.35%
-29.26%
Free Cash Flow
93.79%
84.3%
207.69%
Net Income, GAAP
-699.38%
-1,448.25%
4.02%
Sales/Revenue/Turnover
19.05%
5.23%
-24.3%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
40
31
42
49
162
2025
18
- -
36
51
123
2026
35
- -
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.79
-1.19
-2.93
-2.2
-5.53
2025
-2.35
- -
-0.84
-0.77
-5.75
2026
-0.87
- -
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Edyta Stanek
Full Time Employees
279
Sector
Electronic technology
Industry
Semiconductors
Address
Zaczernie 190 G Zaczernie PK Poland 36-062
IPO Date
Jun 28, 2018
Business
ML System S.A. specializes in the conceptualization, development, and manufacturing of advanced building-integrated photovoltaics (BIPV) and related solar solutions. The company's diverse portfolio includes custom BIPV modules and cells, alongside photovoltaic architectural systems that seamlessly merge energy generation with building design. Their offerings extend to smart city infrastructure, featuring photovoltaic terrace awnings, intelligent bus shelters, and solar-powered street lighting and seating. ML System is also at the forefront of smart glass technologies, producing intelligent heating glass, variable translucency glass, and innovative glass with an active quantum coating capable of generating electricity from sunlight for both construction and automotive applications. This includes the world's first production line for transparent, energy-generating quantum-coated windows, launched in 2021. Further products encompass standard photovoltaic modules, specialized PV Max Color modules, and essential fastening systems. The company provides comprehensive building management systems, including energy monitoring and security installations. Additionally, ML System offers maintenance and repair services for its photovoltaic installations. Known for its robust research and development capabilities, ML System is recognized as a leading innovator in the BIPV sector, actively contributing to sustainable construction practices across European markets, Australia, and North America. Recent achievements include supplying photovoltaic glazing for a major skyscraper facade in Vienna, set to be Europe's largest, and a strategic partnership with Şişecam to further BIPV advancements. The company is headquartered in Zaczernie, Poland.