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Polaris IT Group S.A. (Poland)

Main Activities: Marketing Consulting Services | Performing Arts Companies
Full name: Polaris IT Group S.A. Profile Updated: November 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Polish Download a sample report

Polaris IT Group S.A. is a company located in Warsaw, Poland. The company was incorporated in 1999 under the name Art New media S.A. and initially operated in the art market. In 2008, it became a publicly traded company on the Alternative Trading System called NewConnect. Since 2020, the company has been known as Polaris IT Group S.A. The new management, which took over in early 2021, aims to reposition the company and transform it into an IT company. The activities of Polaris IT Group S.A. and its Group are focused on utilizing various methods to build business strategies, develop projects, and manage artificial intelligence in the IT sector. In 2020, Polaris IT Group S.A. acquired 100% of the shares of the Hungarian IT company ISRV Zrt.

Headquarters
ul. Swieradowska 47
Warsaw; Mazowieckie; Postal Code: 02-662

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Website: http://polarisitgroup.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 04, 2002
Key Executives
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President
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Supervisory Board Member
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Supervisory Board Member
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Supervisory Board Member
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Supervisory Board Member
Ownership Details
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66.24%
Subsidiaries
Antiquarius Sp. z o.o.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PLN. Absolute financial data is included in the purchased report.
Net sales revenue
-36.21%
Total operating revenue
-38.39%
Operating profit (EBIT)
-89.92%
EBITDA
-39.38%
Net Profit (Loss) for the Period
-97.36%
Total assets
14.64%
Total equity
10.23%
Operating Profit Margin (ROS)
-12.55%
Net Profit Margin
-11.54%
Return on Equity (ROE)
-3.75%
Quick Ratio
-0.01%

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