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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Shoper
Shoper (SHO) investor relations material
Shoper has been acquired by Cyber_Folks S.A.
Shoper Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary20 May, 2026
Executive summary
Revenue increased 8% year-over-year to PLN 55.7m for the Group, with Shoper S.A. up 4% to PLN 48.1m, reflecting strong e-commerce SaaS growth.
Adjusted EBITDA rose 9% year-over-year to PLN 20.2m, with margin improvement to 36.4%.
Net profit increased by 22% year-over-year to PLN 12.0m, with Shoper S.A. net profit up 16% to PLN 10.0m.
Omnichannel GMV surged 49% year-over-year to PLN 6.1bn, and Store GMV grew 13% to PLN 3.1bn.
Financial highlights
Revenue: PLN 55.7m in Q1 2026, up 8% from Q1 2025.
Adjusted EBITDA: PLN 20.2m, up 9% year-over-year; margin increased to 36.4%.
Net profit: PLN 12.0m, up 22% year-over-year; net margin increased to 21.5%.
Net cash from operating activities was PLN 16.7m for the Group and PLN 12.1m for Shoper S.A.; significant outflows in investing activities due to intra-group loans.
Equity increased 13% for the Group and 12% for Shoper S.A. compared to year-end 2025.
Outlook and guidance
Focus on building an e-commerce leader with international growth ambitions.
Continued operational efficiency and cost reduction expected post-merger.
Management expects continued growth, supported by SaaS adoption and e-commerce expansion in the SME sector.
New sales model for Selium services and execution of intra-group loans may impact future quarters.
Anticipates further increase in share liquidity and financing flexibility.
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Latest events from Shoper
- FY 2025 saw record GMV, strong revenue and EBITDA growth, and improved profitability.SHO
Q4 2025 - Double-digit revenue and EBITDA growth, record GMV, and strategic acquisitions marked Q3 2025.SHOQ3 2025
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- Double-digit revenue and margin growth, record GMV, and a record dividend mark Q1 2025.SHOQ1 2025
- Record-breaking GMV and profitability, with strong growth and positive 2025 outlook.SHOQ4 2024
Shoper
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Frequently asked questions
Shoper S.A. is a Poland-based company specializing in e-commerce solutions. The company provides a cloud-based platform that enables businesses to create and manage online stores, offering tools for website design, product management, payment integration, and marketing. Shoper’s services cater to small and medium-sized enterprises, supporting various industries with customizable e-commerce solutions. The company also offers additional services such as SEO optimization, logistics support, and customer service tools. Shoper S.A. is headquartered in Kraków, Poland, and its shares are listed on the Warsaw Stock Exchange (WSE).