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Business Summary: IDM SA, formerly IDM SA w upadlosci ukladowej, is a Poland-based company active in the financial sector. The Company’s services are divided into four areas: Capital raising operations, such as initial public offering (IPO) of securities, execution of follow-on issues of securities of public companies, shares and bonds issue, promotion of issues and search for investors, preparation and execution of leveraged buyout transactions, execution of mergers and acquisitions transactions and services related to strategy consulting, including valuations and financial analyses, among others; Asset finance and asset management; Forex and foreign markets; and Stock Exchange trading.
Financial Summary: BRIEF: For the nine months ended 30 September 2023, IDM SA revenues increased from PLN174K to PLN355K. Net income decreased 43% to PLN55K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Financial Income decrease of 58% to PLN3.4M (income).