EKIPA Holding S.A. Reports Record Revenue Growth and Expands into New Ventures in Q3 2024

COMPANIESEKIPA Holding S.A. Reports Record Revenue Growth and Expands into New Ventures in Q3 2024

Listed on NewConnect, EKIPA Holding S.A. has published financial results for the third quarter of this year. Consolidated revenues during this period amounted to PLN 17.59 million, compared to PLN 12.67 million in the third quarter of 2023, representing a 38.8 percent increase. The revenues earned after the three quarters of this year amounted to PLN 58.54 million, as opposed to the PLN 33.11 million reached in a comparable period last year, marking a growth of 76.8 percent.

Ekipa Holding generated a 39.2 percent higher consolidated net profit of PLN 6.84 million after three quarters, compared to the PLN 4.91 million noted after three quarters of last year. In the third quarter alone, however, the net profit was 19.8 percent smaller, and amounted to PLN 1.46 million, versus a net profit of PLN 1.83 million in the third quarter of the previous year.

In May, the company announced the full-length film “100 days to maturity”. Shooting for the film, which features influencers from the Group, began in July. This production, executed by Laniakea Pictures in cooperation with Watchout Studio and Next Film, ended its shooting period in early September. Currently, intensive editing and promotional-distribution activities are underway, and the film’s premiere is scheduled for February 28, 2025.

“I am very pleased that we present very good financial results for another quarter. This shows that our chosen direction is right. In recent months, we focused on shooting our film. This is a new area of our activity, which is why we focus on it even more. I hope I will be able to talk more about it soon. Another important event this year is the construction of our headquarters, and we are intensively developing this project. Additionally, we are working on a new development strategy for the entire group with the team, and we will inform about it in due course.” said Łukasz Wojtyca, CEO EKIPA Holding S.A.

The CEO also mentioned other significant events in the third quarter. In August, a new entertainment format “Monopoly IRL” debuted on the channel of Karol “Friz” Wiśniewski. It’s a unique program where influencers play a real-life version of the popular board game, acquiring properties and making strategic decisions. Additionally, in September, the premiere of “White Agony,” the first short feature film produced by Direct in collaboration with the publishing house NieZwykłe was held. This intriguing coupling of film and literature sought to promote the book.

At the end of September and the beginning of October, the second concert tour of “Three Kings” – America Tour took place. In this event, Bartek, Przemek, and Patryk performed in seven cities in Poland. Finally, on September 6, Genzie band’s album “Online” debuted, available on streaming platforms and YouTube. The album offers a variety of genres, from party songs to personal ballads.

Source: https://managerplus.pl/ekipa-holding-s-a-dynamiczny-rozwoj-rekordowe-wyniki-finansowe-i-nowe-projekty-97723

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