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Business Summary: Miraculum SA is a Poland-based company engaged in the manufacture, distribution, wholesale and retail trade of cosmetics and skin care products. The Company’s portfolio of brands includes Miraculum, Pani Walewska, Brutal, Gracja, Tanita, Paloma, Lider, Wars and Byc moze. The product range includes facial care cosmetics, featuring creams, toners, milks and masks; body care solutions, encompassing hand creams and body lotions; sun protection articles; perfumes; skin care solutions for teenagers; and supplementing products. It operates in the domestic and foreign markets, exporting its products to approximately 20 countries worldwide, including Russia, Ukraine, Azerbaijan, Lithuania, Belarus, the United States and Germany, among others.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Miraculum SA revenues decreased 12% to PLN12.8M. Net income decreased 96% to PLN12K. Revenues reflect Other segment decrease of 69% to PLN1.2M, Make-up segment decrease of 15% to PLN2.8M. Net income also reflects Selling Costs increase of 11% to PLN2.9M (expense), As Reported Other Operating Income decrease of 91% to PLN12K (income).