EKIPA Holding S.A., which is listed on NewConnect, published its financial results for the second quarter of this year. The company’s consolidated net profit in this period was 4.29 million PLN, compared to 2.28 million PLN in the corresponding period of the previous year. The company achieved revenues of 28.3 million PLN, whereas last year it was 13.86 million PLN.
In the first half of the year, Ekipa Holding recorded revenues of 40.95 million PLN, an increase of over 100% compared to the first half of 2023 when revenues were 20.44 million PLN. The net profit for the first half of the year was 5.38 million PLN, an increase of over 74% compared to the same period last year when the net profit was 3.09 million PLN.
In May, the company announced the production of a feature film “100 days to maturity”, which will be realized in the company Laniakea Pictures. The film, an action comedy, tells the story of seniors and their difficult life choices, and will star influencers from EKIPA and professional Polish actors. This marks their first step into film production, which has met with great interest.
“I can confidently say that we had another very good period. We are increasing our revenues and net profit. Thanks to new projects, our business scale is growing. A key event in the previous quarter was the launch of our first film. I’m pleased that we are able to undertake increasingly advanced projects,” said Lukasz Wojtyca, CEO of EKIPA Holding S.A.
The most important event of the past quarter was the EKIPA Festival, which took place on June 16 in the Tauron Arena Krakow and gathered 17,000 fans. The festival was a huge success and a great opportunity to bond the community around the company. It’s worth mentioning that in May a new company, EKIPA Events, was established, which will be responsible for organizing events and concerts, which will allow for even better management of events and their further development.
Another important event was the conclusion of an agreement between Ekipa Holding and Santander Bank Polska S.A for an operational loan of 5 million PLN, intended for financing ongoing activities. Moreover, a subsidiary, Ekipatonosi, based in Krakow, concluded an agreement with the same bank for an overdraft line of 2 million PLN, also intended for financing ongoing business activities.
“As I mentioned, we are still developing and professionalizing. The conclusion of the loan agreement is another proof of our credibility and business maturity. We optimize the financing structure, which should be reflected in our financial indicators, also those important for investors,” summarized Łukasz Wojtyca, CEO of EKIPA Holding S.A.
Other important events in the past quarter include the April premiere of the game “Cloudy & Stormy” realized by GGBay in cooperation with Simplicity Games. The game has been very positively received, achieving over 50,000 downloads and high ratings on iOS and Android platforms. This is another proof of the ability to create engaging and popular content.
In conclusion, it should also be mentioned that the boards of EKIPA Holding S.A. and Ekipa Management agreed with five creators, regulating the terms of financial settlement of previous cooperation and the transfer of ownership of series F shares of the Company. These agreements provide clarity and stability in relations with the creators.
Source: https://managerplus.pl/ekipa-swietuje-sukces-rekordowe-przychody-i-zysk-netto-31867
