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New listing of V-MAX S.A. on NewConnect

2024-12-02 12:45:32

The company V-MAX S.A. was newly listed on NewConnect on 2 December 2024.

V-MAX S.A. is the 363rd company listed on NewConnect and the 13th new listing on NewConnect in 2024.

 

Key information

company name

V-MAX S.A.

ticker/short name

 

website

https://v-max.com.pl/

seat

Wielkawieś

core business

V-MAX S.A is a manufacturing company operating in the plastics industry.

new listings on NC in 2024

13

companies listed on NC

363

business sector

Plastics

companies in the sector

3

offering/sale*

Public offering of series F shares: 173,700 shares

Other shares sold in the last 12 months: 335,675 shares

offering/sale value*

Selling value of series F shares: PLN 1,024,830.00

Value of other shares sold in the last 12 months: PLN 2,819,670,00

issue/selling price*

Selling price of series F shares: PLN 5.90

Selling price of other shares sold in the last 12 months: PLN 8.40

company valuation*

PLN 21,223,131.9

value of introduced instruments**

PLN 4,408,131.9

% free float (below 5% in shares subject to the application)

24.13%

free float value*

PLN 1,063,652.00

% free float (below 5% in all shares)

16.60%

free float value*

PLN 3,523,131.90

number of shareholders (shares subject to the application)

36 (32 unrelated parties)

 

Authorised Advisor

Finanse Format sp. z o.o

Relations with other companies listed on NC/MM

N/A

* reference price set by arrangement of the Authorised Advisor and DON at PLN 5.90

 

Issuer’s history and business

The company was established on 28 November 2019.

Milestones in the Issuer's history:

  • December 2019 – launch of production of plastic caps
  • April 2020 – launch of production of small-volume PET bottles
  • May 2021 – launch of production of bottle holders
  • March 2024 – Japanese high-performance injection moulding machine was purchased and commissioned
  • March 2024 – a circular refrigeration system was installed for all machines

The Issuer's core products include plastic caps, dispensers, handles for large-capacity bottles, preforms (intermediate product from which bottles are made), packaging (small and large-capacity bottles), as well as canisters.

The buyers of the Issuer's products include not only small businesses but also medium-sized companies operating in various industries, e.g. food, chemicals, cosmetics.

 

Selected financials of the Issuer (PLN):

 

30.06.2024

31.12.2023

31.12.2022

Equity

6 599 443.13

4 810 233.72

3 987 860.21

Liabilities and provisions

2 514 124.05

 

1 379 899.31

354 089.48

Total assets

9 113 567.18

6 190 133.03

4 341 949.69

Net sales revenue

6 561 908.55

 

8 951 796.39

7 300 556.06

Net profit

764 379.41

442 373.51

403 003.55

Total net cash flows

330 726.91

 

(84 528.37)

(121 009.16)

Cash – closing balance

380 953.19

 

50 226.28

104 779.09

 

Shareholders

Shareholder

# shares

% shares

# votes

% votes

Arkadiusz Garczarek

 

3 000 000

83.40%

5 850 000

 

90.74%

Other

597 141

16.60%

597 141

9.26%

Total

3 597 141

100%

6 447 141

100%

 

Financial instruments newly listed on NewConnect: 352,941 series B shares, 70,500 series C shares, 150,000 series D shares and 173,700 series F shares.

 

Instrumenty finansowe debiutujące na NewConnect: 352.941 akcji serii B, 70.500 akcji serii C, 150.000 akcji serii D oraz 173.700 akcji serii F.