News

New listing of 4MASS

9

2024-12-11 16:39:33

The company 4MASS S.A.was newly listed on the GPW Main Market on 11 December 2024.

4MASS S.A.​ is the 409th company listed on the Main Market and the seventh new listing on the Main Market in 2024.

Key information

company name

4MASS S.A

companies listed on the market

409

new listings in 2024

7  

market (main/parallel)

Main (transfer from NewConnect)

business sector

Cosmetics and household chemicals

companies in the sector

4

seat

Wołomin

Polish/foreign
(other listing markets)

Polish

core business

The Issuer is a company operating in the cosmetics industry in the segment of production and (retail and wholesale) distribution of cosmetic products in the manicure, pedicure, and make-up categories.

offering/sale
(Y/N, private/public)

No offering (transfer from NewConnect)

public offering value

-

reference price

Closing price on NC as at 10.12.2024

company valuation*

PLN 153 910 510

value of introduced instruments*

PLN 153 910 510

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

65.49 %

free float value*
in shares subject to the application

PLN 100 793 423

% free float in all shares (below 5%)

65.49%

free float value * in all shares

PLN 100 793 423

Legal Advisor

Kancelaria Prawna Kramer i Wspólnicy sp. j.

Auditor

Misters Audytor Adviser Spółka z o.o

Investment Firm

DOM MAKLERSKI BDM S.A.

* based on the average price of the Company's shares in the NC ATS in the last 3 months preceding the date of the application for admission, i.e. PLN 6.41

Issuer’s history and business

The legal predecessor of the Issuer was registered in the National Court Register on 3 July 2009. In the period from the date of incorporation of the Company until 10 June 2013, the owners of the Company were entities currently unrelated to the Issuer and the business activities conducted by the Company, to the best of the Issuer's knowledge, were not related to the cosmetics industry in which the Issuer currently operates.

Current operations have been conducted since July 2026, when Mr Sławomir Lutek acquired 95 shares of the Company representing 95 percent of the Company's share capital and Mr Jakub Lutek acquired 5 shares of the Company representing 5 percent of the Company's share capital. With the changes in ownership and Mr Sławomir Lutek's appointment as President of the Management Board, the Company began operating in the cosmetics industry, in the segment of production and (retail and wholesale) distribution of cosmetic products in the manicure and pedicure category. As a result of the changes, products under the Issuer's own brand, Claresa, were launched on the market in 2016, and professional products offered under the PALU brand and the production of private label products for clients were initiated in 2017.

The Issuer is a company operating in the cosmetics industry in the segment of production and (retail and wholesale) distribution of cosmetic products in the manicure, pedicure, and make-up categories. The key products in the Company's offer are light-cured cosmetics for nail styling, i.e. hybrid nail polish and UV/LED builder gel. In addition, the Issuer's product range includes a wide range of accessories and products used in manicure and pedicure (hybrid bases and tops, a variety of care liquids and preparations, cuticle and nail oils and conditioners, nail files, buffers and drills, polish curing lamps), as well as make-up cosmetics (including foundations, powders, eye shadows, mascaras, eyelash and eyebrow pencils, lipsticks and lip glosses). These products are offered under the Issuer's three brands: Claresa, PALU, and BRUSHUP. In addition to manufacturing its own products, the Issuer also manufactures and distributes hybrid nail polish and make-up products by order of clients as private label products.

Issuer’s selected financials (PLN):

 

Q1-3 2024

(unaudited)

2023

(audited)

2022 (PLN’000)

(audited)

2021 (PLN’000)

(audited)

Sales revenue

92 712 563.12

101 546 828.98

65 326 495.92

36 891 934.15

Net profit  

15 412 102.34

18 137 770.23

8 508 147.81

2 010 854.44

Equity

69 939 529.99

54 527 427.65

33 631 774.82

25 123 627.41

Non-current liabilities

7 356 741.14

6 531 640.40

7 353 373.06

7 372 562.44

Current liabilities

10 974 978.26

7 696 563.60

9 974 105.54

4 047 705.82

Total assets

93 012 653.79

72 556 883.17

52 018 972.25

37 152 582.73

Net cash flows

137 625.62

6 000 771.92

-1 417 549.06

1 258 541.93

Cash and cash equivalents – closing balance

7 314 250.91

7 176 625.29

1 175 853.37

2 593 402.43

 

Issuer’s shareholders

Shareholder

# shares

% of share capital

# votes

% of total vote

Fundacja Rodzinna Arkadiusza Łaszkiewicza

3,206,290

13.35%

3,206,290

13.35%

Jakub Lutek

2,259,027

9.41%

2,259,027

9.41%

Joanna Kasperska

1,602,889

6.68%

1,602,889

6.68%

Lemuria Partners SICAV plc*

1,218,391

5.07%

1,218,391

5.07%

Other**

15,724,403

65.49%

15,724,403

65.49%

Total

24,011,000

100%

24,011,000

100%

* including 219,111 shares held by 4mass S.A. - As at the date of the Prospectus, the Issuer's Management Board has not yet decided for what purpose it will allocate the shares acquired in the buyback

** the company's beneficial owner is Tomasz Jaroń

Newly listed instruments:

- 22,339,556 series A shares,

- 1,671,444 series B shares.

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