IFR
Investment Friends Capital SE
Giełda Papierów Wartościowych w Warszawie · quarterly · publ. April 29, 2026
9M 2026 report
Spółka jest de facto skorupą holdingową: aktywa skurczyły się z 3,9 mln EUR do 0,4 mln EUR w ciągu dziewięciu miesięcy.
Sentiment
Neutral
No guidance change
IFR
9M 2026 report
Revenue
66 k EUR
— YoY
Net income
-180 k EUR
— YoY
CFO
-1 k EUR
— YoY
Summary
Investment thesis
- Wynik operacyjny (45 tys. EUR) jest dodatni, ale zjadają go koszty finansowe (225 tys. EUR) — netto strata 180 tys. EUR.
- Kapitał własny spadł o ok. 89% głównie przez ujemne różnice z przeliczenia na EUR (−3,0 mln EUR) — wymaga wyjaśnienia.
- Umorzono ok. 2,9 mln akcji (z 4,506 mln do 1,6 mln), a wartość księgowa na akcję spadła z 0,87 do 0,26 EUR.
- Raport jest szczątkowy: brak not, komentarza zarządu i wyjaśnienia struktury aktywów finansowych.
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Financials
BETA
IFR · 9M 2026
| Metric | 9M 2026 | 9M 2025 | Δ YoY | YTD 2026 | Δ YoY | Value type | Segment | Conf. |
|---|---|---|---|---|---|---|---|---|
| Revenue | 66 | — | — | 66 | — | reported | — | 0.90 |
| Gross profit | 66 | — | — | 66 | — | reported | — | 1.00 |
| EBIT | 45 | — | — | 45 | — | reported | — | 1.00 |
| EBT | -180 | — | — | -180 | — | reported | — | 1.00 |
| Net income | -180 | — | — | -180 | — | reported | — | 1.00 |
| Interest expense | 225 | — | — | 225 | — | reported | — | 0.80 |
| Shares (basic) (units) | 1,600,000 | — | — | 68.85 | — | reported | — | 0.90 |
| EBIT margin | 68.2% | — | — | 68.2% | — | derived | — | 0.70 |
| Net margin | -272.7% | — | — | -272.7% | — | derived | — | 0.70 |
| Cash | 0 | — | — | — | — | reported | — | 0.60 |
| Net debt | -14 | — | — | — | — | derived | — | 0.70 |
| Equity | 415 | — | — | — | — | reported | — | 1.00 |
| Total assets | 419 | — | — | — | — | reported | — | 1.00 |
| Current assets | 419 | — | — | — | — | reported | — | 1.00 |
| Current liabilities | 4 | — | — | — | — | reported | — | 1.00 |
| Trade payables | 4 | — | — | — | — | reported | — | 1.00 |
| CFO | -1 | — | — | -1 | — | reported | — | 0.70 |
| Current ratio | 104.8x | — | — | — | — | derived | — | 0.60 |
| Revenue growth (YoY) | -4.3% | — | — | -4.3% | — | derived | — | 0.70 |
| EBIT growth (YoY) | -18.2% | — | — | -18.2% | — | derived | — | 0.70 |
| Net income growth (YoY) | 2.1% | — | — | 2.1% | — | derived | — | 0.70 |
9M 2026 · Δ YoY
Revenue
66
—
66
—
- 9M 2025
- —
- YTD 2026
- 66
- Δ YoY
- —
Gross profit
66
—
66
—
- 9M 2025
- —
- YTD 2026
- 66
- Δ YoY
- —
EBIT
45
—
45
—
- 9M 2025
- —
- YTD 2026
- 45
- Δ YoY
- —
EBT
-180
—
-180
—
- 9M 2025
- —
- YTD 2026
- -180
- Δ YoY
- —
Net income
-180
—
-180
—
- 9M 2025
- —
- YTD 2026
- -180
- Δ YoY
- —
Interest expense
225
—
225
—
- 9M 2025
- —
- YTD 2026
- 225
- Δ YoY
- —
Shares (basic)
(units)
1,600,000
—
1,600,000
—
- 9M 2025
- —
- YTD 2026
- 68.85
- Δ YoY
- —
EBIT margin
68.2%
—
68.2%
—
- 9M 2025
- —
- YTD 2026
- 68.2%
- Δ YoY
- —
Net margin
-272.7%
—
-272.7%
—
- 9M 2025
- —
- YTD 2026
- -272.7%
- Δ YoY
- —
Cash
0
—
0
—
- 9M 2025
- —
- YTD 2026
- —
- Δ YoY
- —
Net debt
-14
—
-14
—
- 9M 2025
- —
- YTD 2026
- —
- Δ YoY
- —
Equity
415
—
415
—
- 9M 2025
- —
- YTD 2026
- —
- Δ YoY
- —
Total assets
419
—
419
—
- 9M 2025
- —
- YTD 2026
- —
- Δ YoY
- —
Current assets
419
—
419
—
- 9M 2025
- —
- YTD 2026
- —
- Δ YoY
- —
Current liabilities
4
—
4
—
- 9M 2025
- —
- YTD 2026
- —
- Δ YoY
- —
Trade payables
4
—
4
—
- 9M 2025
- —
- YTD 2026
- —
- Δ YoY
- —
CFO
-1
—
-1
—
- 9M 2025
- —
- YTD 2026
- -1
- Δ YoY
- —
Current ratio
104.8x
—
104.8x
—
- 9M 2025
- —
- YTD 2026
- —
- Δ YoY
- —
Revenue growth (YoY)
-4.3%
—
-4.3%
—
- 9M 2025
- —
- YTD 2026
- -4.3%
- Δ YoY
- —
EBIT growth (YoY)
-18.2%
—
-18.2%
—
- 9M 2025
- —
- YTD 2026
- -18.2%
- Δ YoY
- —
Net income growth (YoY)
2.1%
—
2.1%
—
- 9M 2025
- —
- YTD 2026
- 2.1%
- Δ YoY
- —