Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-18.03%
0%
-18.03%
6 Months
-25.0%
0%
-25.0%
1 Year
-9.09%
0%
-9.09%
2 Years
-53.27%
0%
-53.27%
3 Years
-60.11%
0%
-60.11%
4 Years
-82.35%
0%
-82.35%
5 Years
-90.38%
0%
-90.38%
T-Bull 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)
-10.97%
EBIT Growth (5y)
-14.29%
EBIT to Interest (avg)
-3.88
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.31
Sales to Capital Employed (avg)
1.27
Tax Ratio
34.66%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
5.19%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.77
EV to EBIT
-2.49
EV to EBITDA
-3.44
EV to Capital Employed
2.24
EV to Sales
0.64
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-89.90%
ROE (Latest)
-58.91%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Bearish
Bearish
OBV
Mildly Bearish
Mildly Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'25 - QoQ
Mar'25
Sep'24
Change(%)
Net Sales
1.00
1.40
-28.57%
Operating Profit (PBDIT) excl Other Income
-0.60
-0.20
-200.00%
Interest
0.00
0.00
Exceptional Items
0.00
-0.00
Consolidate Net Profit
-0.60
-0.30
-100.00%
Operating Profit Margin (Excl OI)
-670.10%
-163.50%
-50.66%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2025 is -28.57% vs -17.65% in Sep 2024
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2025 is -100.00% vs 50.00% in Sep 2024
Annual Results Snapshot (Consolidated) - Dec'23
Dec'23
Dec'22
Change(%)
Net Sales
7.00
8.20
-14.63%
Operating Profit (PBDIT) excl Other Income
-1.80
-0.80
-125.00%
Interest
0.00
0.10
-100.00%
Exceptional Items
-1.80
0.00
Consolidate Net Profit
-3.70
-8.20
54.88%
Operating Profit Margin (Excl OI)
-724.30%
-548.50%
-17.58%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2023 is -14.63% vs -8.89% in Dec 2022
Consolidated Net Profit
YoY Growth in year ended Dec 2023 is 54.88% vs 63.06% in Dec 2022
About T-Bull SA 
T-Bull SA
Software Products
T-Bull SA is a Poland-based company primarily engaged in the mobile games development. The Company focuses on designing, producing and distributing games for mobile devices with Android, iOS, Windows Mobile and Black Berry operating systems. The Company mainly creates first person shooter (FPS) and racing games. Its products portfolio includes Top Speed: Drag & Fast Racing, Zombie Call: Trigger Shooter, Traffic: Illegal Road Racing, as well as High Speed Race: Racing Need. The Company's games are published through various platforms, such as Google Play, AppStore, Windows Phone, Black-Berry World, Amazon and Opera Mobile Store, and are distributed worldwide.
Company Coordinates 
Company Details
Ul. Szczesliwa 33/2.B.09 , WROCLAW None : 53-445
Registrar Details






