Robyg (ROB2) Q3 2025 earnings summary

Executive summary

• Revenues for Q1–Q3 2025 reached PLN 850 million, with a strong cash position of PLN 280 million and operating cash flow of PLN 291 million (excluding new plot purchases).

• 1,788 units were pre-sold (net after cancellations), 2,060 units were on offer (4% finished goods), and 800 units were recognized in revenues.

• Total land bank stands at 18,238 units, supporting future development.

Financial highlights

• Q1–Q3 2025 revenues declined 7.65% year-over-year to PLN 850.3 million.

• Net profit for Q1–Q3 2025 was PLN 128.9 million, down 5.92% year-over-year.

• Gross profit margin on sales was 22.7%, with net profit margin at 15.2%.

• Total assets increased 21.3% year-over-year to PLN 4.32 billion; inventories rose 43.5%.

• Net cash flows from operating activities were negative PLN 235 million, mainly due to plot purchases.

Outlook and guidance

• Strategic goals include residential sales of approximately 2,600 units in 2025, maintaining margins, expanding into new cities, and sustaining the land bank.

• Continued realization of ESG strategy and increased sales targeted for coming years.