Komputronik had net loss of PLN 5.32 mln in Q1 ‘24

Komputronik, a Polish IT equipment distributor, reported a consolidated net loss of PLN 5.32 million for Q1 of its 2024/2025 fiscal year (April-June 2024), compared to a PLN 3.03 million loss in the same period last year. The operating loss was PLN 2.14 million, slightly improved from the previous year’s PLN 2.27 million. Sales revenue increased by 2.3% to PLN 383.45 million.

The company faced challenges due to a strong Polish currency, increased competition, and reduced demand from both individual and institutional customers. Additionally, the market is saturated with relatively new electronic equipment due to significant investments during the pandemic. Despite rising costs, Komputronik managed to slightly reduce its general and administrative expenses by 0.6%.

(ISBnews)