Operational update In our view, 2022 was a breakthrough year for XTPL. Sales of its proprietary nanoprinting system for prototyping, the Delta Printing System (est. sales price of EUR 150-200k each), each of which generates recurring revenues from e.g. nozzles and inks of c. EUR 1,000 per month, and the conductive nano-ink (our estimate: EUR 1-10k each) significantly picked up. […]
Russia’s aggression on Ukraine, which started on February 24 this year, has lasted 10 months to date. The UN estimates the number of Ukrainian civilian casualties, which have so far been caused by the war, at >17,000 (>6,700 deaths, >10,400 injured), while according to the NYTimes the number of dead or wounded soldiers equals >100,000. The Kiev School of […]
KRUK S.A., which is based in Wroclaw and has been listed on the Warsaw Stock Exchange since 2011, is the Polish market leader in the area of debt servicing and one of the leading players in its segment in Europe. With sophisticated software tools, the company’s staff analyses the financial situation of each customer and spreads […]
Business description Kino Polska TV S.A. (KPL PW), which is based in Warsaw, is a leading producer and broadcaster of thematic TV channels with operations in 68 countries worldwide and a 36% share of international sales in total revenues. The company owns one of the largest catalogues with Polish content (movies, series, documentaries etc.) and through […]
Business description The Krakow-based gaming studio Starward Industries S.A. was founded by former employees of the most famous Polish games developer CD Projekt S.A. The CEO Marek Makuszewski is the company’s largest shareholder with a stake of 18.2%, while members of the management and supervisory board and employees own in total 31.9% of the company. Starward Industries owns the […]
While inflation has gone up everywhere since 2020 due to supply chain issues, COVID-19-related fiscal programs and the Ukraine war, Central and Eastern Europe (CEE) has been hit particularly hard. The Baltic countries Lithuania (24.1%), Estonia (23.7%) and Latvia (22.2%) lead the ranking of those with the highest inflation rate in the EU. In the […]