1. Estonia Stocks

  2. •

    Financial Services

  3. •

    Financial - Credit Services
Investment Friends SE

Investment Friends SE

IFR.WA
Investment Friends SEPL flagWarsaw Stock Exchange
0.13
PLN
+0.00
- -
8.61MMarket Cap
Investment Friends SE
IFR.WA
(Warsaw Stock Exchange)

Recent

price

0.13

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2018
2020
2021
2022
2023
2024
2025
TTM
FRC
0.31
0.31
0.32
0.29
0.03
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
- -
- -
-0.01
- -
-0.06
-0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.02
-0.01
-0.04
0.01
0.04
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.05
0.05
0.04
0.04
-0.03
-0.09
-0.05
-0.04
- -
-0.04
- -
-0.03
0.03
-0.08
0.04
0.02
0.02
Book Value per Share
0.21
0.19
0.2
0.2
0.01
0.02
0.04
0.03
- -
0.03
- -
0.02
0.03
0.02
0.04
0.02
0.02
Tangible Book Value per Share
53
53
53
53
101
46
54
76
- -
76
- -
153
76
70
32
69
69
Basic Weighted Avg Shares
17
16
17
15
3
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
0.78
2.2
-1.83
-0.05
-20.46
-225.96
-916.13
-21.33
- -
18.78
- -
79.78
75.56
81.61
11.43
-42.86
113.89
Operating Margin (%)
1
- -
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
-6
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
9.33
2.91
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
0.31
1.58
-2.35
-1.15
-201.05
-1,357.69
-361.29
18.67
- -
4.42
- -
74.16
75.56
88.51
5.71
105.71
105.56
Profit Margin (%)
2
2
2
2
1
1
2
2
1
1
1
1
3
1
1
1
1
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
11
10
11
10
1
1
2
2
2
2
3
3
3
1
1
1
2
Total Equity
1.05
3.18
- -
- -
- -
- -
- -
- -
- -
1.41
- -
2.78
2.62
3.52
0.28
-1.04
2.75
Return on Invested Capital (%)
3.27
10.28
- -
- -
- -
- -
- -
- -
- -
-1.3
- -
-1.85
-5.05
-5.06
-0.19
3.16
3.29
Return on Capital (%)
2.29
10.22
-17.55
-8.23
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.16
3.12
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
69
69
69
Market Capitalization
- -
38
9

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
2
2
1
Cash, Cash Equivalents & STI
2
- -
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.35%
-7.85%
2.6%
Free Cash Flow
- -
-151.11%
-142.86%
Net Income, GAAP
- -
478.77%
1,750%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

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

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
General Accident PLC (GACA.L)
Acom Co., Ltd. (8572.T)
Satin Creditcare Network Limited (SATIN.BO)
Sun Hung Kai & Co. Limited (SHGKY)
Zuoli Kechuang Micro-finance Company Limited (6866.HK)
Industrial Investment Trust Limited (IITL.BO)
Business
Investment Friends SE (IFR.WA) is an Estonia-based investment holding company that provides financial services, primarily focused on granting large-scale loans and cash loans to business entities and individuals; its core offerings include tailored mortgage products, property valuation services, and venture capital activities generating revenue from lending operations in Poland and Estonia. Originally founded in 1997 as a producer of window joinery and accessories under the name Budvar Centrum S.A., headquartered initially in Sieradz, Poland, the company listed on the Warsaw Stock Exchange in 2007, rebranded to Investment Friends S.A. in 2014 with a shift to financial investments based in Płock, merged into a European Company form in 2018, and relocated its headquarters to Tallinn, Harju maakond, Kesklinna linnaosa, Tornimäe tn 5, 10145, Estonia, where it maintains a minimal staff of one employee while targeting Polish business markets. Recent developments include a registered share capital increase on January 31, 2024, pursuant to Ordinary General Meeting resolutions; adjustments to periodic report publication schedules in 2024-2025, such as changes to the annual financial report for fiscal year 2023-2024; and the release of quarterly results showing net income of EUR 0.007 million for the first quarter ended September 30, 2025, reflecting ongoing operations in other lending under EMTAK code 6492 with sales primarily from Poland.