- The margin on total sales of goods increased by 7.2 percentage points y/y in quarterly terms and by 0.5 percentage points in half-year terms.
- There was a noticeable decrease in operating costs, excluding the value of goods sold, which amounted to PLN 9,206,699.59 in the second quarter of 2024 – an improvement of PLN 1.7 million compared to the same quarter last year, which is the result of the reorganization introduced
structures and work on cost optimization.
Moliera2 with financing
In the current quarter, the Management Board signed another annex to the credit agreement with mBank SA, as a result of which the bank extended the credit line in the amount of PLN 5,720,000 until December 13, 2024, taking into account the systematic reduction of the credit limit to PLN 4,520,000 at the end of the credit period.
On June 26, the subscription for ordinary bearer shares of series V ended, excluding the subscription rights of the company's current shareholders and amending the company's articles of association. The shares were acquired by Marcin Michnicki, president of the management board of Moliera2 and the company Probatus sp. z o. o., where Marcin Michnicki serves as president of the management board. The acquired shares were covered by cash contributions.
On 27 June, the Annual General Meeting adopted a resolution authorising the management board to increase the share capital by an amount not exceeding PLN 11,000,000.00 by issuing not more than 110,000,000 new shares.
Moliera2 in a prestigious location
On July 10, Moliera2 entered into a lease agreement with PPE Office Piłsudski Square Propco Sp. z oo for commercial premises with a gross area of 643.5 m2, located on the ground floor of the Metropolitan building at Plac Marszałka Józefa Piłsudskiego 1 in Warsaw, backrooms located in the underground floors, as well as office premises with an area of 663 m2 in the Metropolitan at Plac Marszałka Józefa Piłsudskiego 3. In accordance with market practice, the agreement was concluded for a period of 10 years from December 1, 2025 in the case of commercial premises (which are to be delivered in June 2025) and from January 1, 2025 in the case of office premises.
– This investment is another step in the implementation of Moliera2's development strategy, which assumes strengthening the company's position on the Polish market – the company said.
Moliera2 invests in technology
In the second quarter of this year, Moliera2 took significant steps to introduce innovative technological solutions that have a direct impact on improving business processes and increasing operational efficiency.
Work has begun on a new system architecture supporting business processes, based on microservices, which streamlines the software development and maintenance process and translates into more efficient use of IT resources.
During the same period, all changes to the interface were completed.
user and user experience (UX/UI) within the service
moliera2.com. All commercial views were rebuilt, from the home page to the basket process.
– The aim of these activities was to improve the usability and attractiveness of the service for customers. At the same time, work is underway to improve the service of site localization at the level of currencies and languages, which will enable the opening of new markets – says Moliera2.
Work has begun on improving the onboarding process for new partners within the marketplace service. The optimization of this process aims to accelerate and simplify the integration of new business partners, which will allow for the expansion of the product range available on the platform and increase competitiveness.
In addition, the Request for Information (RFI) and Request for Proposal (RFP) processes for the new mobile application have been completed. Actions are also being taken to improve the quality of general business processes. They include optimizing internal procedures, increasing operational efficiency, and implementing best management practices.
– The initiatives undertaken are aimed not only at improving the company's operational efficiency, but also at increasing customer satisfaction and strengthening Moliera2's market position. We continue our commitment to technological innovation, which is the foundation of our development strategy – we read in the company's report.
