Highlander Enterprise Ratios and Metrics

Market cap in millions PLN. Fiscal year is January - December.

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '26 Mar 6, 2026	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	18	9	13	42	-
Market Cap Growth	-24.81%	-33.66%	-68.97%	-	-
Enterprise Value	19	7	13	38	-
Last Close Price	1.94	0.92	2.60	8.38	-
PS Ratio	48.07	15.87	9.26	8.81	-
PB Ratio	9.50	2.36	5.27	7.47	-
P/TBV Ratio	9.50	2.37	5.33	7.53	-
EV/Sales Ratio	49.01	13.38	9.18	8.01	-
Debt / Equity Ratio	0.07	0.10	0.35	0.19	0.81
Net Debt / Equity Ratio	-0.17	-0.25	0.12	-0.38	0.73
Net Debt / EBITDA Ratio	0.20	0.41	-0.24	1.13	-2.15
Net Debt / FCF Ratio	0.24	0.30	-0.08	0.61	-0.66
Asset Turnover	0.05	0.06	0.14	0.50	-
Inventory Turnover	0.41	-	-	29.40	-
Quick Ratio	0.36	1.89	0.55	1.53	1.01
Current Ratio	0.60	2.18	0.83	1.59	1.03
Return on Equity (ROE)	-81.35%	-103.99%	-77.90%	-71.92%	-
Return on Assets (ROA)	-19.88%	-20.08%	-17.34%	-16.92%	-
Return on Capital Employed (ROCE)	-58.60%	-41.50%	-49.40%	-29.80%	-35.10%
Earnings Yield	-14.49%	-36.89%	-24.20%	-6.27%	-
FCF Yield	-7.73%	-34.41%	-28.77%	-8.37%	-
Buyback Yield / Dilution	-	-87.48%	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.