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Lokum Deweloper Spółka Akcyjna financial health, profit and balance sheet · Scorvest

Poland

Lokum Deweloper Spółka Akcyjna

Fiscal year ends in December · Figures in PLN

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In shortLokum Deweloper Spółka Akcyjna is profitable, generates cash and carries moderate debt, with revenue growing (+18.4% last year).

Financial health

Strong

Built from five areas over the last five annual reports. Tap an area to see the figures behind it.

How is this score calculated? →

Profitability88

Operating marginShare of each sale left after running the business, before interest and tax.	29.9%	100/100
Net marginShare of each sale left as profit after every cost, interest and tax.	15.6%	82/100
Return on equityProfit earned on the money shareholders put in. Above 15% is strong.	13.7%	68/100
Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge.	17.1%	100/100

Weight in the score: 25%

Balance sheet85

Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash.	4.95×	100/100
Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted.	0.18×	100/100
Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable.	0.11×	100/100
Interest coverageHow many times operating profit covers interest. Below 2 is risky.	4.25×	26/100
Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress.	8.39	100/100

Weight in the score: 25%

Cash generation72

Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt.	37.3%	100/100
Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy.	2.39×	100/100
Years with positive free cash flow (last 5)	1 of 3	17/100

Weight in the score: 20%

Stability63
Profitable years (last 5) 3 of 3 100/100
Years of revenue decline (last 5) 0 of 2 100/100
Revenue growth volatility 31.0% 0/100
Operating margin volatility 6.2% 53/100
Weight in the score: 20%
Growth–
Revenue growth, 3-year average – n/a
EPS growth, 3-year average – n/a
Weight in the score: 10%

Profitable years (last 5)	3 of 3	100/100
Years of revenue decline (last 5)	0 of 2	100/100
Revenue growth volatility	31.0%	0/100
Operating margin volatility	6.2%	53/100

Revenue growth, 3-year average	–	n/a
EPS growth, 3-year average	–	n/a

Fiscal year 2022 · change vs prior year

Revenue: zł 366.7M; ▲ 18.4%
Net income: zł 57.3M; ▲ 3.1%
Free cash flow: zł 137.0M; ▲ 506.9%
Operating margin: 29.9%; +1.6 pts
Cash & investments: zł 65.4M; –
Total debt: zł 77.6M; ▲ 429.9%
Diluted EPS: zł3.18; ▲ 2.9%
Return on equity: 13.7%; –

European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.

Trends

Annual figures as reported. Hover a bar or point for the exact value.

Revenue and net income

RevenueNet income

Margins

Statements

The last 3 fiscal years from the company's annual reports.

PLN millions; negative values in parentheses.

Fiscal year	FY20	FY21	FY22
Revenue	191	310	367
Cost of revenue	137	197	231
Gross profit	54	113	135
Operating income	35	88	110
Interest expense	7.1	14	26
Pre-tax income	26	73	77
Income tax	5.2	13	16
Net income	17	56	57
Diluted EPS	zł0.96	zł3.09	zł3.18

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Risk checks

Altman Z'' score

8.39 Safe zone

Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.

Piotroski F-score

7/9

Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.

Positive net income: passed
Positive operating cash flow: passed
Return on assets improved: passed
Cash flow exceeds net income: passed
Long-term debt ratio fell: passed
Current ratio improved: failed
No share dilution: not available
Gross margin improved: passed
Asset turnover improved: passed

Sources

Annual reportPeriod ending Dec 31, 2022Open the report ↗
Annual reportPeriod ending Dec 31, 2021Open the report ↗

All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works

Latest annual report: Dec 31, 2022 · Data updated Dec 31, 2022