Creotech Instruments (WSE: CRI)

Last close As at 25/04/2024

PLN181.00

−4.50 (−2.43%)

Market capitalisation

PLN359m

Creotech Instruments, based near Warsaw, Poland, is a leading manufacturer of satellite systems, components, and advanced electronics for quantum computer control systems, and other applications.

Latest Insights

Industrials | Flash note

Creotech Instruments — Positive progress in Q123

Industrials | Initiation

Creotech Instruments — A leader in EEC spacetech and quantum

Industrials | edison tv

Creotech Instruments – executive interview

Sector

Industrials

Equity Analyst

Key Management

  • Grzegorz Brona

    CEO

  • Jacek Kosiec

    VP Management Board

  • Maciej Kielek

    VP Management Board, Finance

Share Price Performance

Price Performance
% 1M 3M 12M
Actual (5.5) (5.5) 19.1
Relative (9.5) (14.8) (8.0)
52 week high/low 240.0gr/150.5gr

Financials

Creotech Instruments continues to invest in its growth strategy targeting both the spacetech and quantum computing markets. The first report under IFRS, Q123 results saw positive development of revenues but higher costs leading to increased quarterly losses. Encouragingly, net cash flow was positive with adjusted net cash of PLN33.3m at Q123. Progress has been underpinned by new development contracts with the potential to extend existing markets or increase addressable segments.

Thematics

thematic

Industrials

Deutsches Eigenkapitalforum (EKF) 2023 industrials

thematic

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The long and winding road

thematic

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Quantum computing: A booming industry

thematic

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