Enter Air (ENT) Q3 2025 earnings summary

Executive summary

• Net profit for the nine months ended September 30, 2025, reached 296,712 thousand PLN, up from 161,465 thousand PLN year-over-year.

• Revenue increased to 2,422,757 thousand PLN from 2,353,584 thousand PLN year-over-year, driven by expanded operations and a 2% increase in flight operations.

• The group distributed a dividend of 52,631,250 PLN (3.00 PLN per share) in Q3 2025, based on 2024 profits.

Financial highlights

• Operating profit for the period was 222,555 thousand PLN, compared to 242,586 thousand PLN a year earlier.

• Net cash from operating activities was 574,340 thousand PLN, with total net cash flow at 110,683 thousand PLN for the period.

• Total assets as of September 30, 2025, were 3,352,834 thousand PLN, with equity at 590,759 thousand PLN.

• Basic and diluted earnings per share for the period were 16.91 PLN, up from 9.20 PLN year-over-year.

Outlook and guidance

• No significant factors identified that could impact results in the next quarter; management expects stable performance.