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Skarbiec Holding (SKH) investor relations material
Skarbiec Holding Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated revenue for H1 2026 reached PLN 86,040 thousand, up from PLN 40,096 thousand year-over-year, reflecting the full consolidation of Noble Securities S.A. acquired in April 2025.
Net profit for H1 2026 was PLN 25,119 thousand, a decrease from PLN 32,181 thousand in H1 2025, with EPS at PLN 3.68.
The group maintained strong capital adequacy and liquidity, with equity at PLN 313,307 thousand as of June 30, 2026.
Financial highlights
Operating profit for H1 2026 was PLN 15,411 thousand, down from PLN 23,382 thousand in H1 2025.
Total assets as of June 30, 2026 were PLN 1,101,873 thousand, with liabilities at PLN 788,566 thousand.
Net cash from operating activities was PLN 27,716 thousand, while net cash used in investing activities was PLN -29,480 thousand.
Dividend of PLN 49,921,765.82 was paid in July 2026 from the 2025 profit of the main subsidiary.
Outlook and guidance
The group continues to monitor macroeconomic and geopolitical risks, including the impact of conflicts in Ukraine and Iran, and expects ongoing volatility in financial markets.
No significant threats to business continuity or capital adequacy are identified as of the report date.
- Revenue doubled with Noble Securities' consolidation, but net profit dipped amid higher costs.SKH
Q1 2026 - Net profit more than tripled year-over-year, boosted by Noble Securities acquisition and robust fund results.SKH
Q4 2025 - Net loss increased to PLN 930k, but financial stability and asset coverage remain strong.SKH
Q2 2024 - Revenue up 12% year-over-year; stable profit and Noble Securities acquisition planned.SKH
Q3 2024 - Net profit and revenue rose sharply, supported by higher fund management fees and strong liquidity.SKH
Q1 2025 - Net profit surged to PLN 61.7 million, boosted by the Noble Securities acquisition and strong revenue growth.SKH
Q2 2025 - Net profit soared to PLN 70.6 million, boosted by the Noble Securities acquisition and strong fund management.SKH
Q3 2025
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