Creotech Instruments

Overview
Price performance
Financials
Research
Thematics

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

30.06.23

Creotech Instruments — Positive progress in Q123

Industrials |
Initiation

14.04.23

Creotech Instruments — A leader in EEC spacetech and quantum

Industrials |
edison tv

05.04.23

Creotech Instruments – executive interview

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Sector

Industrials

Equity Analyst

Natalya Davies

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.