Benefit Systems S.A.

Benefit Systems S.A.

5,900.00
PLN
+20.00
(+0.34%)
251.06EPS
19.46P/E
16.08BMarket Cap
Nov 19Next Earn
2013 Y
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
155.93
180.71
227.59
289.58
368.2
433.91
547.93
376.41
336.62
650.79
945.66
1,148.99
1,423.3
1,618.69
Basic EPS, GAAP
10.68
15.41
19.22
31.35
33.62
41.15
37.79
-36.43
-8.86
47.08
149.87
152.07
179.65
250.4
Free Cash Flow per Basic Share
11.97
14.45
14.68
31.37
10.47
17.78
89.98
61.29
58.67
108.04
229.09
217.83
151.05
251.95
Dividend per Share
7.34
7.95
9
0.61
0.25
0.08
0.2
0.28
0.61
- -
- -
- -
- -
- -
Book Value per Share
49.48
59.89
62.25
63.79
79.08
201.4
225.69
188.93
205.81
247.83
339.78
390.34
720.11
772.92
Tangible Book Value per Share
45.5
53.04
19.29
-1.15
-6.46
58.48
69.31
31.77
19.1
46.85
97.08
84.7
-75.78
-91.28
Basic Weighted Avg Shares
2
3
3
3
3
3
3
3
3
3
3
3
3
3
Sales/Revenue/Turnover
383
452
581
744
965
1,209
1,527
1,034
955
1,909
2,774
3,397
4,523
5,320
Operating Margin (%)
8.02
10.96
9.57
12.86
12.65
11.16
10.25
2.43
0.26
11.83
19.85
18.61
16.04
17.3
Depreciation Expense
5
5
16
24
34
44
202
211
209
232
287
353
540
693
Net Income, GAAP
26
39
49
81
88
115
105
-100
-25
138
440
450
571
823
Effective Tax Rate (%)
24.52
22.36
22.67
23.52
25.44
26.19
25.14
- -
- -
21.23
19.61
24.26
21.13
22.77
Profit Margin (%)
6.85
8.53
8.44
10.83
9.13
9.48
6.9
-9.68
-2.63
7.23
15.85
13.24
12.62
15.47
Working Capital
-4
-21
-2
22
-104
-190
-242
-128
-231
-145
-110
-352
-385
-806
LT Debt
1
6
74
153
138
973
915
941
840
850
904
1,161
2,786
2,900
Total Equity
122
153
165
178
220
567
620
523
602
725
998
1,160
2,363
2,555
Return on Invested Capital (%)
20.15
22.16
18.42
23.16
22.28
10.1
6.57
- -
- -
9.59
21.96
19.41
13.41
12.72
Return on Capital (%)
22.2
23
22.83
29.55
24.38
10.69
6.87
- -
- -
8.97
23.84
20.44
17.52
18.28
Return on Common Equity (%)
23.72
27.94
31.46
50.41
48.61
29.9
17.8
-17.5
-4.46
20.76
51.01
41.8
32.49
35.93

Capital Structure

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
456
470
512
LT Borrowings
1,298
1,277
1,258
LT Finance Leases
1,488
1,616
1,642
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
11,498
11,521
16,083

Working Capital

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,200
1,162
1,288
Cash, Cash Equivalents & STI
622
599
710
Accounts Receivable, Net
408
511
524
Inventories
13
14
15
Total Current Liabilities
1,585
1,616
2,094
Payables & Accruals
- -
- -
- -
ST Debt
456
470
512
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
37.63%
38.63%
103.74%
Free Cash Flow
67.47%
34.34%
-25.48%
Net Income, GAAP
-57.63%
-95.35%
26.96%
Sales/Revenue/Turnover
27.02%
38.64%
33.13%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
801
845
836
915
3,397
2025
952
1,094
1,184
1,293
4,523
2026
1,384
1,460
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
31.2
36.82
45.3
38.73
152.07
2025
18.98
45.87
64.7
48.63
179.65
2026
69.68
67.31
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

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

Company Description

CEO
Robert Sokolowski
Full Time Employees
4,196
Sector
Consumer services
Industry
Movies/Entertainment
Address
Plac Europejski 2 Warsaw MZ Poland 00-844
IPO Date
Apr 21, 2011
Business
Benefit Systems S.A. (WSE: BFT) operates as a leading provider of non-payroll employee benefits solutions focused on sports, recreation, culture, entertainment, health, and wellbeing across Central and Eastern Europe and Turkey; the company delivers its flagship MultiSport program granting access to over 5,700 sports and recreational facilities in more than 740 Polish cities and additional facilities abroad, alongside MultiLife offering 24/7 AI-powered wellbeing assistance with specialist consultations in psychology, diet, language training, and partnerships including Diagnostyka, Telemedi, Legimi, and Berlitz; MyBenefit cafeteria platform provides customizable access to thousands of tourist, cultural, sports, and recreational services; additional offerings encompass BenefitLunch dining cards, MultiBilet and MultiTeatr for cinema and theater entertainment, MultiMuzeum, MultiZoo, eTravelPass, and MultiKafeteria for tailored benefit selection. Founded in 2000 and headquartered at Plac Europejski 2 in Warsaw, Poland, Benefit Systems serves over 41,000 employers and more than 2 million users primarily in Poland, Czech Republic, Slovakia, Bulgaria, Croatia, and Turkey, targeting corporate clients seeking to enhance employee motivation, retention, and productivity through comprehensive wellbeing ecosystems. The company became the first publicly listed entity in Central and Eastern Europe to earn B Corp certification in 2018, emphasizing sustainable business practices with positive societal and environmental impact. Recent strategic developments include the May 2025 acquisition of Turkey's MAC fitness chain for approximately $392 million, adding 97 clubs and 215,000 B2C memberships to bolster its Turkish operations; earlier integration of Wellbee, a Polish mental health platform, into MultiLife following a 69.8% stake purchase; and ongoing expansions such as opening new clubs in Poland and EU markets, acquiring fitness clubs in Czech Republic and Poland, and a software developer to enhance technological capabilities in fitness management.