Pieno Zvaigzdes (PZV1) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was €52,064 thousand, nearly flat compared to €52,324 thousand in Q1 2025.

• Net profit surged to €3,068 thousand from €227 thousand year-over-year.

• Gross profit increased to €13,986 thousand from €9,794 thousand year-over-year.

• EBITDA rose to €4,730 thousand from €2,001 thousand year-over-year.

Financial highlights

• Operating profit before finance costs was €3,366 thousand, up from €535 thousand year-over-year.

• Earnings per share increased to €0.07 from €0.01 year-over-year.

• Book value per share at period end was €0.91, up from €0.89 year-over-year.

• Current ratio improved to 1.51 from 1.27 at the end of the previous period.

Outlook and guidance

• No material post-balance sheet events reported, indicating stable near-term outlook.