1. Poland Stocks

  2. •

    Consumer durables

  3. •

    Homebuilding
Lokum Deweloper SA

Lokum Deweloper SA

GGPW:LKD
24.50
PLN
+0.60
(+2.51%)
0.33EPS
71.73P/E
417.60MMarket Cap
Nov 16Next Earn
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
8.47
10.52
12.29
17.91
15.88
10.61
17.21
20.37
25.07
10.52
5.91
7.43
Basic EPS, GAAP
2.26
2.38
3.97
3.57
3.04
0.96
3.09
3.18
7.67
1.9
1.86
0.32
Free Cash Flow per Basic Share
0.32
-3.1
1.87
2.07
2.42
-6.18
-1.87
7.61
19.33
-3.49
-6.14
-2.74
Dividend per Share
0.64
0.78
1.14
1.3
2.47
0.23
0.79
2.05
1.88
2.7
0.61
- -
Book Value per Share
11.66
13.42
16.6
19.34
20.38
20
22.57
23.89
30
29.62
30.91
31.25
Tangible Book Value per Share
11.65
13.41
16.6
19.33
20.37
19.98
22.56
23.89
30
29.61
30.9
31.24
Basic Weighted Avg Shares
15
18
18
18
18
18
18
18
18
18
18
18
Sales/Revenue/Turnover
129
189
221
322
286
191
310
367
451
189
106
134
Operating Margin (%)
28.69
23.83
30.21
29.84
28.28
18.47
28.26
29.89
26.56
21.44
-19.56
-44.44
Depreciation Expense
1
1
1
1
2
2
3
3
3
2
2
2
Net Income, GAAP
34
43
71
64
55
17
56
57
138
34
33
6
Effective Tax Rate (%)
- -
- -
- -
17.57
17.85
20.26
18.03
20.83
17.42
21.25
20.63
- -
Profit Margin (%)
26.66
22.62
32.28
19.95
19.15
9.04
17.94
15.62
30.58
18.03
31.41
4.36
Working Capital
263
282
427
506
534
512
681
617
650
581
725
728
LT Debt
69
70
174
174
187
152
272
170
108
61
182
179
Total Equity
210
243
297
350
367
357
405
431
542
531
556
563
Return on Invested Capital (%)
- -
- -
- -
15.81
12.08
4.6
10.53
12.23
19.6
5
5.57
- -
Return on Capital (%)
- -
- -
- -
12.69
9.82
3.29
9.34
10.65
21.25
5.86
6.3
- -
Return on Common Equity (%)
- -
18.98
26.43
19.89
15.31
4.75
14.51
13.7
28.46
6.36
6.13
1.03

Capital Structure

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
19
16
15
LT Borrowings
141
142
142
LT Finance Leases
38
39
38
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
414
401
418

Working Capital

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
789
788
785
Cash, Cash Equivalents & STI
76
79
89
Accounts Receivable, Net
1
1
1
Inventories
686
688
684
Total Current Liabilities
76
63
58
Payables & Accruals
- -
- -
- -
ST Debt
19
16
15
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.63%
9.68%
4.77%
Free Cash Flow
-218.41%
-92.95%
75.89%
Net Income, GAAP
28.62%
57.68%
-2.09%
Sales/Revenue/Turnover
6.64%
0.36%
-43.8%
Total Cash Common Dividend
46.96%
73.4%
-77.55%

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
89
45
30
25
189
2025
12
22
17
55
106
2026
40
- -
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.19
0.45
0.28
-0.02
1.9
2025
1.84
0.07
-0.43
0.37
1.86
2026
0.31
- -
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
2.7
- -
2.7
2025
- -
- -
- -
- -
0.61
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Bartosz Kuzniar
Full Time Employees
80
Sector
Consumer durables
Industry
Homebuilding
Address
lok. 101, I pietro Wroclaw DS Poland 50-148
IPO Date
Nov 25, 2015
Website
lokum-deweloper.pl
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Business
Lokum Deweloper S.A. (WSE: LKD) develops and sells high-standard residential properties, including multi-family apartments, flats ranging from 25 to 100 square meters, and associated commercial and service premises, in Poland. The company acts as general contractor for its large-scale residential estates, which feature comprehensive living environments with professionally designed green spaces, recreational facilities, and community amenities; it also specializes in revitalizing historic properties for modern residential and commercial use, offers turnkey finishing services via programs such as "Lokum pod klucz," and provides mortgage advisory and interior design. Lokum Deweloper operates primarily in Wrocław and Kraków, with projects like Lokum Vita, Lokum da Vinci, Lokum di Trevi, Lokum Victoria, Lokum Vista, Lokum Vena, Lokum Salsa, Lokum Monte, Lokum Porto, and Lokum Verde; founded in 2004 and headquartered at ul. Krawiecka 1 lok. 101 in Wrocław, it has completed over 49 projects delivering approximately 8,000 units totaling 420,000 square meters. As parent of the Lokum Deweloper Capital Group, it listed on the Warsaw Stock Exchange in 2015, raising PLN 36 million, and has issued multiple bond series including recent allocations of Series B bonds in November 2025 and management board resolutions for new emissions in October 2025. Recent developments include the formation of subsidiary companies in October 2025, execution of a perpetual usufruct land transfer agreement in October 2025, release of interim consolidated financial statements in November 2025, and announcements for an Extraordinary General Meeting on December 15, 2025.