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Kredyt Inkaso S.A.

Kredyt Inkaso S.A.

KRI.WA
Kredyt Inkaso S.A.PL flagWarsaw Stock Exchange
17.40
PLN
-0.05
- -
224.41MMarket Cap
Kredyt Inkaso S.A.
KRI.WA
(Warsaw Stock Exchange)

Recent

price

17.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
3.41
2.96
3.39
2.27
2.14
7.87
11.46
11.77
7.6
8.3
10.89
12.22
10.29
9.61
9.56
12.13
12.98
Revenue per Share
0.46
1.01
1.21
0.49
-0.18
0.74
2.93
3.1
0.43
0.43
0.62
-2.83
3.5
2.32
1.75
2.59
- -
Basic EPS, GAAP
-1.47
-0.97
-6.21
0.3
0.61
0.23
3.4
6.72
-6.08
8.92
11.29
10.85
8.91
12.35
12.66
13.33
12.58
Free Cash Flow per Basic Share
0.16
0.09
0.24
0.32
0.03
- -
0.02
0.03
0.07
0.09
0.1
0.08
0.11
0.07
0.07
- -
- -
Dividend per Share
2.07
2.99
2.56
1.06
0.89
1.63
8.44
10.49
10.62
11.31
10.78
5.91
12.3
15.22
18.02
19.68
17.68
Book Value per Share
15.95
17.81
31.27
8.8
8.53
9.25
16.49
19.49
19.95
19.55
18.53
15.15
19.05
21.9
23.93
26.53
25.01
Tangible Book Value per Share
5
5
7
13
13
13
13
13
13
13
13
13
13
13
13
13
13
Basic Weighted Avg Shares
19
16
23
29
28
102
148
152
98
107
140
158
133
124
123
156
174
Sales/Revenue/Turnover
74.99
65.21
62.56
28.52
-64
-16.77
72.64
55.89
29.63
-2.94
9.43
-3.65
-3.33
-29.32
-13.59
-14.15
9.3
Operating Margin (%)
- -
1
1
1
2
2
3
3
3
3
3
7
6
7
8
9
8
Depreciation Expense
3
6
8
6
-2
10
38
40
5
6
8
-37
45
30
23
33
- -
Net Income, GAAP
17.06
17.54
11.71
- -
- -
- -
0.35
- -
9.69
9.68
56.45
- -
18.3
22.52
9.97
16.61
420.38
Effective Tax Rate (%)
13.55
34
35.68
21.69
-8.32
9.46
25.58
26.31
5.61
5.22
5.74
-23.19
34
24.16
18.26
21.32
- -
Profit Margin (%)
- -
- -
- -
110
57
135
340
390
553
573
407
451
544
507
158
222
167
Working Capital
- -
- -
16
218
212
223
186
263
395
421
237
305
328
249
270
378
363
LT Debt
88
99
214
115
113
122
227
265
271
269
259
215
263
299
323
353
347
Total Equity
- -
9.37
7.04
- -
- -
- -
23
- -
3.63
-0.35
0.7
- -
-0.51
-4.01
-9.7
-2.48
-6.37
Return on Invested Capital (%)
- -
39.76
19.54
- -
- -
- -
16.51
- -
4.23
0.66
1.11
- -
8.87
6.05
3.99
5.2
-0.18
Return on Capital (%)
- -
39.76
48.55
40.92
-18.23
59.19
58.23
32.68
4.04
3.96
5.66
-33.94
38.43
16.88
10.5
13.72
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
90
95
116
LT Borrowings
382
351
357
LT Finance Leases
8
7
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
246
236
259

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
360
332
358
Cash, Cash Equivalents & STI
84
67
84
Accounts Receivable, Net
10
6
8
Inventories
- -
- -
- -
Total Current Liabilities
138
129
190
Payables & Accruals
- -
- -
- -
ST Debt
90
95
116
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.7%
7.3%
9.35%
Free Cash Flow
112.13%
4.95%
5.29%
Net Income, GAAP
-52.87%
-157.44%
48.1%
Sales/Revenue/Turnover
6.91%
3.23%
26.84%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
30
30
30
33
123
2024
35
39
41
41
156
2025
44
45
44
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1.1
0.03
0.05
- -
1.75
2024
0.63
1.52
0.08
- -
2.59
2025
0.67
0.05
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.07
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
Kredyt Inkaso S.A. (KRi.WA) operates as a debt management company that invests in non-performing debt portfolios and provides comprehensive receivables servicing across all delinquency stages, including amicable collections, legal proceedings, and enforcement processes; it offers outsourcing of debt management to financial institutions such as banks, insurance companies, telecommunications providers, and loan companies; the company also engages in real estate transactions involving plots, apartments, houses, commercial premises, and industrial properties. The firm serves mass-market creditors primarily in the telecommunications, retail banking, and consumer finance sectors, with operations spanning Poland, Romania, Bulgaria, and Russia. Founded in 2001 and headquartered at ul. Postepu 21B in Warsaw, Poland, Kredyt Inkaso listed on the Warsaw Stock Exchange in 2007 and maintains subsidiaries focused on legal process administration and advisory services. In a major strategic development, Kredyt Inkaso merged with BEST S.A. in April 2025 through a full acquisition via share exchange, creating one of Central and Eastern Europe's largest debt management entities with enhanced scale, operational synergies, and expanded investment capacity; the merger, approved by shareholders in March 2025, integrates Kredyt Inkaso's portfolios and technology into BEST's platform, including the BEST Online portal for debtor management, while BEST assumes all obligations including outstanding bonds. Prior to the merger, the company secured a PLN 100 million credit facility from Santander Bank Polska S.A. in 2024 to fund debt portfolio purchases and reported record expected remaining collections exceeding PLN 1.6 billion by late 2024, reflecting improved efficiency through robotization and data analytics.