Amica (AMC) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 was 1,149.2 million PLN, down 7.7% year-over-year from 1,245.6 million PLN.

• Operating profit rose to 19.2 million PLN from 14.4 million PLN year-over-year.

• Net loss attributable to shareholders was 1.2 million PLN, unchanged from H1 2024.

• Dividend of 2.00 PLN per share was paid in June 2025, totaling 15.3 million PLN.

Financial highlights

• Gross profit for H1 2025 was 4.1 million PLN, up from 1.1 million PLN in H1 2024.

• Net cash flows from operating activities were negative at -44.0 million PLN, a deterioration from -16.7 million PLN year-over-year.

• Net cash flows from investing activities improved to -8.5 million PLN from -24.0 million PLN.

• Net cash flows from financial activities were positive at 30.9 million PLN, compared to -35.3 million PLN in H1 2024.

• Total assets as of 30 June 2025 were 2,007.4 million PLN, slightly down from 2,035.8 million PLN a year earlier.

Outlook and guidance

• Management confirms the Group continues as a going concern, with stable financial position and sufficient liquidity.

• Ongoing monitoring of financial covenants and net debt, which stood at 187.2 million PLN as of 30 June 2025.