Betacom S.A.

Betacom S.A.

GGPW:BCM
5.00
PLN
-0.16
(-3.10%)
0.53EPS
9.75P/E
21.82MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
26.71
23.22
26.02
30.58
39.06
26.42
23.66
24.6
31.83
36.09
43.8
47.17
36.32
40.75
Basic EPS, GAAP
0.59
0.42
0.45
0.11
0.63
0.28
0.12
-0.71
0.3
0.02
0.38
0.51
0.35
0.55
Free Cash Flow per Basic Share
1.03
-1.62
-0.07
0.28
1.48
0.4
0.46
1.27
-0.62
1.61
1.32
3.73
-0.27
-0.05
Dividend per Share
0.35
0.5
0.38
0.4
0.03
0.38
0.15
- -
- -
0.18
0.23
0.3
0.37
- -
Book Value per Share
4.9
4.82
4.9
4.61
5.21
5.12
5.07
4.36
4.13
4.61
4.76
4.96
4.99
5.08
Tangible Book Value per Share
4.43
4.2
4.58
4.25
4.56
4.22
3.81
3.46
3.53
3.11
2.54
2.36
2.09
2.3
Basic Weighted Avg Shares
4
4
4
4
4
4
4
4
4
4
4
4
4
4
Sales/Revenue/Turnover
108
94
105
124
158
107
96
99
129
146
177
191
147
175
Operating Margin (%)
2.42
1.64
2.03
0.43
2.04
1.63
0.53
-2.17
0.8
-0.34
1.15
1.56
1.33
1.84
Depreciation Expense
2
2
2
2
1
2
2
3
2
4
4
4
4
4
Net Income, GAAP
2
2
2
- -
3
1
- -
-3
1
- -
2
2
1
2
Effective Tax Rate (%)
20.33
20.9
21.56
28.24
20.49
21.95
27.13
- -
- -
- -
30.59
25.11
18.48
20.49
Profit Margin (%)
2.21
1.82
1.73
0.35
1.62
1.06
0.5
-2.87
0.95
0.04
0.86
1.07
0.98
1.36
Working Capital
15
19
15
17
16
10
11
11
8
10
9
10
7
7
LT Debt
1
4
2
- -
- -
- -
3
3
2
1
1
- -
3
3
Total Equity
20
19
20
19
21
21
20
18
19
20
20
20
20
21
Return on Invested Capital (%)
9.59
5.82
6.79
1.69
10.14
5.59
1.7
- -
- -
- -
6.13
6.37
3.05
7.1
Return on Capital (%)
12.66
8.21
8.88
2.74
12.22
5.99
2.35
- -
- -
- -
9.08
12.32
7.71
11.89
Return on Common Equity (%)
12.37
8.67
9.28
2.22
12.89
5.42
2.32
-14.98
7.14
0.36
8.03
10.42
7.13
11.91

Capital Structure

PLN

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
1
1
2
LT Borrowings
- -
- -
- -
LT Finance Leases
3
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
19
20
22

Working Capital

PLN

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
62
40
71
Cash, Cash Equivalents & STI
7
7
3
Accounts Receivable, Net
45
20
44
Inventories
2
4
1
Total Current Liabilities
54
33
64
Payables & Accruals
- -
- -
- -
ST Debt
1
1
2
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.55%
3.01%
-0.41%
Free Cash Flow
-37.88%
-90.03%
-107.14%
Net Income, GAAP
165.22%
408.1%
-29.96%
Sales/Revenue/Turnover
5.52%
9.76%
-23%
Total Cash Common Dividend
- -
- -
23.27%

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
47
44
57
42
191
2026
30
29
54
33
147
2027
59
- -
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.11
0.2
0.27
-0.08
0.51
2026
-0.16
0.08
0.54
-0.12
0.35
2027
0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.05
- -
- -
- -
0.3
2026
- -
- -
- -
- -
0.37
2027
- -
- -
- -
- -
- -

Company Description

CEO
Robert Miroslaw Frechowicz
Full Time Employees
106
Sector
Technology services
Industry
Packaged software
Address
ul. Polczynska 31 A Warsaw MZ Poland 01-377
IPO Date
Mar 2, 2004
Business
Betacom S.A. (BCM.WA) is a Poland-based information technology company that provides IT consulting, custom software development, systems integration, and cloud-based solutions to support enterprise digital transformation. Founded in 1995 and headquartered at Połczyńska 31A in Warsaw, the company offers core products and services including Enterprise Content Management (ECM) systems, digital archiving platforms, electronic document workflow solutions, Smart Workplace environments, hybrid IT infrastructures, e-learning systems, network integration, security systems, and specialized applications for logistics, education, and child therapy sectors; it operates primarily in Poland serving banking, insurance, telecommunications, industrial, and public administration clients through a partnership model that combines proprietary technologies with extensions of strategic partners' offerings such as Fortinet and IBM. Recent developments include the signing of a significant contract in October 2025, approval of dividend payments and new supervisory board appointments following the September 2025 annual general meeting, release of the consolidated interim report for the first quarter of fiscal 2025 in August, and insider share acquisitions by management in July 2025.