Dashboard
1
Poor Management Efficiency with a low ROCE of 0%
- The company has reported losses and also has negative networth. This is not a good sign for the investors. Either company will have to raise fresh capital or report profits to sustain going forward
2
High Debt Company with a Debt to Equity ratio (avg) at times
3
Poor long term growth as Operating profit has grown by an annual rate -187.84% of over the last 5 years
4
Negative results in Jun 25
5
Risky -
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-39.6%
0%
-39.6%
6 Months
0%
0%
0.0%
1 Year
36.36%
0%
36.36%
2 Years
-9.27%
0%
-9.27%
3 Years
-45.12%
0%
-45.12%
4 Years
-79.96%
0%
-79.96%
5 Years
-80.0%
0%
-80.0%
Moliera2 SA for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
38.92%
EBIT Growth (5y)
-187.84%
EBIT to Interest (avg)
-7.34
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
1.40
Sales to Capital Employed (avg)
2.98
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
70.68%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
5.53
EV to EBIT
-5.44
EV to EBITDA
-6.01
EV to Capital Employed
4.20
EV to Sales
1.12
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-77.18%
ROE (Latest)
-122.90%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
12.60
14.90
-15.44%
Operating Profit (PBDIT) excl Other Income
-3.00
-3.60
16.67%
Interest
0.30
0.50
-40.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-3.70
-4.40
15.91%
Operating Profit Margin (Excl OI)
-257.10%
-263.60%
0.65%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is -15.44% vs -40.16% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is 15.91% vs -4.76% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
77.70
87.50
-11.20%
Operating Profit (PBDIT) excl Other Income
-14.60
-9.90
-47.47%
Interest
1.50
1.60
-6.25%
Exceptional Items
0.00
-0.00
Consolidate Net Profit
-17.20
-17.00
-1.18%
Operating Profit Margin (Excl OI)
-206.60%
-129.00%
-7.76%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -11.20% vs -29.61% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -1.18% vs -42.86% in Dec 2023
About Moliera2 SA 
Moliera2 SA
Miscellaneous
Modern Commerce SA, formerly Air Market SA, is a Poland-based company engaged in the operation of an e-commerce platform. The Company, through its affiliate Zlote Wyprzedaze SA, operates an online portal, which enables users to purchase branded apparel, fashion accessories and home items with discounts. The sales are organized in campaigns that last for several days. Registered users are informed about new campaigns via e-mail. The Company’s products range comprises clothes, underwear and footwear, handbags, watches, jewelry, perfumes, bed linen, lightning, tableware and pots, among others. It distributes items from various brand names, such as Calvin Klein, Armani, Versace, Diesel, Gucci, Guess and Adidas.
Company Coordinates 
Company Details
Ul. Kopernika 5 lok. 7 , WARSZAWA None : 00-367
Registrar Details






