Financial data
Selected financial data
(consolidated data in thousands of Polish zlotys)
Lokum Deweloper – financial data 3Q2025DATA ON PROFIT AND LOSS ACCOUNT
| 2024 | 2023 | 2022 | 2021 | 2020 | 3Q 2025 | 3Q 2024 | |
|---|---|---|---|---|---|---|---|
| SALES REVENUES | 189 279 | 451 308 | 366 738 | 309 847 | 190 993 | 51 015 | 164 278 |
| GROSS PROFIT ON SALES | 72 158 | 169 699 | 135 338 | 112 843 | 54 038 | 19 722 | 63 104 |
| PROFIT ON OPERATING ACTIVITIES | 43 172 | 171 522 | 109 804 | 87 676 | 35 314 | 37 830 | 42 269 |
| PROFIT BEFORE TAX | 45 428 | 172 401 | 76 923 | 73 379 | 25 630 | 33 520 | 45 008 |
| NET PROFIT | 35 776 | 142 361 | 60 897 | 60 148 | 20 348 | 26 740 | 36 197 |
DATA ON CASH FLOW
| 2024 | 2023 | 2022 | 2021 | 2020 | 3Q 2025 | 3Q 2024* | |
|---|---|---|---|---|---|---|---|
| NET CASH FROM OPERATING ACTIVITIES | (56 035) | 347 929 | 137 881 | (31 783) | (110 312) | (83 334) | (40 051) |
| NET CASH FROM INVESTMENT ACTIVITIES | (262) | (985) | (734) | (1 286) | (975) | 4 994 | (4 763) |
| NET CASH FROM FINANCIAL ACTIVITIES | (99 661) | (176 284) | (100 299) | (22 798) | 74 372 | 76 152 | (103 575) |
| TOTAL NET CASH FLOWS | (155 958) | 170 660 | 36 848 | (55 867) | (36 915) | (2 188) | (148 389) |
DATA ON BALANCE SHEET
| 31.12.2024* | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 | 30.09.2025 | 30.09.2024* | |
|---|---|---|---|---|---|---|---|
| FIXED ASSETS | 51 486 | 52 859 | 31 095 | 32 799 | 32 714 | 53 791 | 50 861 |
| CURRENT ASSETS | 649 134 | 786 772 | 773 535 | 812 532 | 708 813 | 789 063 | 642 930 |
| INVENTORY | 538 527 | 460 877 | 658 306 | 641 973 | 547 905 | 686 494 | 511 788 |
| TOTAL ASSETS | 700 620 | 839 631 | 804 630 | 845 331 | 741 527 | 842 854 | 693 791 |
| EQUITIES | 531 007 | 541 563 | 430 679 | 404 933 | 378 199 | 549 105 | 530 884 |
| LONG-TERM LIABLITIES | 101 122 | 160 799 | 217 835 | 308 413 | 166 623 | 218 056 | 105 753 |
| SHORT-TERM LIABILITIES | 68 491 | 137 269 | 156 116 | 131 985 | 196 705 | 75 693 | 57 154 |
*data restated as a result of error correction and change in presentation – detailed description in the Interim condensed consolidated financial statements for the period from 1 January to 30 September 2025 in note 2.4
Basic ratios
Lokum Deweloper – basic ratios 3Q2025LIQUIDITY RATIOS
| 2024* | 2023 | 2022 | 2021 | 2020 | Q3 2025 | Q3 2024* | |
|---|---|---|---|---|---|---|---|
| CURRENT RATIO | 9.48 | 5.73 | 4.95 | 6.16 | 3.60 | 10.42 | 11.25 |
| QUICK RATIO | 1.61 | 2.37 | 0.74 | 1.29 | 0.82 | 1.36 | 2.29 |
| CASH RATIO | 0.37 | 1.72 | 0.42 | 0.22 | 0.43 | 0.31 | 0.47 |
PROFITABILITY RATIOS
| 2024 | 2023 | 2022 | 2021 | 2020 | Q3 2025 | Q3 2024 | |
|---|---|---|---|---|---|---|---|
| GROSS ON SALES | 38.1% | 37.6% | 36.9% | 36.4% | 28.3% | 38.7% | 38.4% |
| EBITDA | 23.7% | 38.6% | 30.8% | 29.3% | 19.8% | 76.7% | 26.5% |
| EBIT | 22.8% | 38.0% | 29.9% | 28.3% | 18.5% | 74.2% | 25.7% |
| NETTO | 18.9% | 31.5% | 16.6% | 19.4% | 10.7% | 52.4% | 22.0% |
| ROE | 6.7% | 26.3% | 14.1% | 14.9% | 5.4% | 4.8% | 25.4% |
| ROA | 5.1% | 17.0% | 7.6% | 7.1% | 2.7% | 3.1% | 19.5% |
SOLVENCY RATIOS
| 2024* | 2023 | 2022 | 2021 | 2020 | Q3 2025 | Q3 2024* | |
|---|---|---|---|---|---|---|---|
| NET DEBT/EBITDA | 1.09 | -0.67 | 1.73 | 2.95 | 5.32 | 4.47 | 0.96 |
| INTEREST BEARING DEBT/EQUITIES | 0.11 | 0.19 | 0.53 | 0.65 | 0.67 | 0.29 | 0.10 |
| INTEREST BEARING DEPT/CAPITAL | 0.10 | 0.15 | 0.36 | 0.37 | 0.46 | 0.20 | 0.09 |
*data restated as a result of error correction and change in presentation – detailed description in the Interim condensed consolidated financial statements for the period from 1 January to 30 September 2025 in note 2.4
