7FT
Q1 2026 report
Revenue
13,423,896 PLN
— YoY
Net income
1,565,301 PLN
— YoY
EBITDA
2,035,280 PLN
— YoY
FCF
-216,681 PLN
— YoY
Summary
Investment thesis
- Ekspansja marż wyraźna i konsekwentna — marża EBIT z 10,5% do 14,5%, marża netto z 7,9% do 11,7% r/r, sugerująca działającą dźwignię operacyjną.
- Jakość gotówkowa wyniku w tym kwartale słaba — operacyjne przepływy pieniężne ujemne (-216,7 tys. zł) mimo rosnącego zysku księgowego, efekt szybkiego wzrostu zapasów i należności finansującego ekspansję sprzedaży.
- Zadłużenie odsetkowe rośnie w wartościach bezwzględnych (+33% r/r do ok. 4,23 mln zł), ale wolniej niż kapitał własny, więc wskaźnik dług/kapitał własny się poprawia.
- Silna koncentracja akcjonariatu (2 osoby kontrolują ok. 79% głosów na WZA) — typowe dla small-cap spółki założycielskiej, warte uwzględnienia w ocenie ładu korporacyjnego.
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Financials
BETA
7FT · Q1 2026
| Metric | Q1 2026 | Q1 2025 | Δ YoY | Value type | Segment | Conf. |
|---|---|---|---|---|---|---|
| Revenue | 13,423,896 | — | — | reported | — | 1.00 |
| EBITDA | 2,035,280 | — | — | reported | — | 0.85 |
| EBIT | 1,940,494 | — | — | reported | — | 1.00 |
| EBT | 1,943,537 | — | — | reported | — | 1.00 |
| Net income | 1,565,301 | — | — | reported | — | 1.00 |
| D&A | 94,786 | — | — | reported | — | 1.00 |
| Interest expense | 39,564 | — | — | reported | — | 1.00 |
| EBIT margin | 14.45% | — | — | reported | — | 0.90 |
| Net margin | 11.66% | — | — | reported | — | 0.90 |
| Cash | 567,490 | — | — | reported | — | 1.00 |
| Total debt | 4,234,055 | — | — | reported | — | 0.85 |
| Net debt | 3,666,565 | — | — | reported | — | 0.80 |
| Equity | 10,574,562 | — | — | reported | — | 1.00 |
| Total assets | 19,367,463 | — | — | reported | — | 1.00 |
| Working capital | 9,018,731 | — | — | reported | — | 0.90 |
| Current assets | 17,506,343 | — | — | reported | — | 1.00 |
| Current liabilities | 8,487,611 | — | — | reported | — | 1.00 |
| Goodwill | 17,613 | — | — | reported | — | 0.90 |
| CFO | -216,681 | — | — | reported | — | 1.00 |
| CapEx | 0 | — | — | reported | — | 1.00 |
| FCF | -216,681 | — | — | reported | — | 0.90 |
| Current ratio | 2.06x | — | — | reported | — | 0.90 |
| Quick ratio | 0.84x | — | — | reported | — | 0.90 |
| Cash ratio | 0.07x | — | — | reported | — | 0.90 |
| Interest coverage | 49.05x | — | — | reported | — | 0.85 |
| Debt / equity | 0.4x | — | — | reported | — | 0.80 |
| Debt / assets | 0.22x | — | — | reported | — | 0.80 |
| Net debt / equity | 0.35x | — | — | reported | — | 0.75 |
| Revenue growth (YoY) | 60.69% | — | — | reported | — | 0.95 |
| EBITDA growth (YoY) | 115.94% | — | — | reported | — | 0.80 |
| EBIT growth (YoY) | 121.75% | — | — | reported | — | 0.90 |
| Net income growth (YoY) | 136.6% | — | — | reported | — | 0.95 |
| FCF growth (YoY) | -635.83% | — | — | reported | — | 0.70 |
| EBIT margin Δ (YoY) | 3.97 pp | — | — | reported | — | 0.85 |
| Net margin Δ (YoY) | 3.74 pp | — | — | reported | — | 0.85 |
Q1 2026 · Δ YoY
Revenue
13,423,896
—
13,423,896
—
- Q1 2025
- —
EBITDA
2,035,280
—
2,035,280
—
- Q1 2025
- —
EBIT
1,940,494
—
1,940,494
—
- Q1 2025
- —
EBT
1,943,537
—
1,943,537
—
- Q1 2025
- —
Net income
1,565,301
—
1,565,301
—
- Q1 2025
- —
D&A
94,786
—
94,786
—
- Q1 2025
- —
Interest expense
39,564
—
39,564
—
- Q1 2025
- —
EBIT margin
14.45%
—
14.45%
—
- Q1 2025
- —
Net margin
11.66%
—
11.66%
—
- Q1 2025
- —
Cash
567,490
—
567,490
—
- Q1 2025
- —
Total debt
4,234,055
—
4,234,055
—
- Q1 2025
- —
Net debt
3,666,565
—
3,666,565
—
- Q1 2025
- —
Equity
10,574,562
—
10,574,562
—
- Q1 2025
- —
Total assets
19,367,463
—
19,367,463
—
- Q1 2025
- —
Working capital
9,018,731
—
9,018,731
—
- Q1 2025
- —
Current assets
17,506,343
—
17,506,343
—
- Q1 2025
- —
Current liabilities
8,487,611
—
8,487,611
—
- Q1 2025
- —
Goodwill
17,613
—
17,613
—
- Q1 2025
- —
CFO
-216,681
—
-216,681
—
- Q1 2025
- —
CapEx
0
—
0
—
- Q1 2025
- —
FCF
-216,681
—
-216,681
—
- Q1 2025
- —
Current ratio
2.06x
—
2.06x
—
- Q1 2025
- —
Quick ratio
0.84x
—
0.84x
—
- Q1 2025
- —
Cash ratio
0.07x
—
0.07x
—
- Q1 2025
- —
Interest coverage
49.05x
—
49.05x
—
- Q1 2025
- —
Debt / equity
0.4x
—
0.4x
—
- Q1 2025
- —
Debt / assets
0.22x
—
0.22x
—
- Q1 2025
- —
Net debt / equity
0.35x
—
0.35x
—
- Q1 2025
- —
Revenue growth (YoY)
60.69%
—
60.69%
—
- Q1 2025
- —
EBITDA growth (YoY)
115.94%
—
115.94%
—
- Q1 2025
- —
EBIT growth (YoY)
121.75%
—
121.75%
—
- Q1 2025
- —
Net income growth (YoY)
136.6%
—
136.6%
—
- Q1 2025
- —
FCF growth (YoY)
-635.83%
—
-635.83%
—
- Q1 2025
- —
EBIT margin Δ (YoY)
3.97 pp
—
3.97 pp
—
- Q1 2025
- —
Net margin Δ (YoY)
3.74 pp
—
3.74 pp
—
- Q1 2025
- —