Oponeo (OPN) investor relations material

Executive summary

• Revenue for H1 2026 reached 1,247,752 thousand PLN, up 27.8% year-over-year, driven by strong growth in both domestic and international sales, especially in the bicycle and automotive accessories segments.

• Net profit for H1 2026 was 47,423 thousand PLN, a 53% increase compared to H1 2025, with EPS rising to 4.22 PLN from 2.76 PLN.

• The group continued expanding its stationary retail network for bicycles and accessories, now operating eight stores in major Polish cities.

Financial highlights

• Gross profit from sales rose to 305,676 thousand PLN (up from 226,519 thousand PLN in H1 2025).

• Operating profit increased to 71,495 thousand PLN (from 40,466 thousand PLN year-over-year).

• EBITDA for H1 2026 was 93,634 thousand PLN, up from 55,744 thousand PLN in H1 2025.

• Cash and equivalents at period end were 47,798 thousand PLN.

• Dividend payout in H1 2026 amounted to 39,325 thousand PLN.

Outlook and guidance

• Management sees continued growth potential in both e-commerce and stationary retail, with further expansion of the bicycle segment and international sales.

• No significant direct impact from geopolitical conflicts identified, but ongoing monitoring of global supply chain and energy costs is in place.