IMS.WA
Full HouseIMS S.A. · Communication Services · Poland · $30M cap · $38K/day traded
PLN 3.50 +0.0% · close 12 Nov · scored 13 Nov
Full House: Strong business, sensible price, and the market agrees.
As of 13 Nov 2026, the MoatMap Score for IMS S.A. (IMS.WA) is 92/100, ranked against 25,000+ stocks in 38 markets (Quality 69, Value 53, Momentum 76, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT IMS S.A.
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IMS S.A. is the market leader in sensory marketing services in Poland, providing in-store music, aroma marketing, and digital signage solutions to retail chains and shopping malls. The company benefits from a highly attractive, subscription-based business model that generates predictable, recurring revenues with high gross margins. Its competitive moat is secured by long-term service contracts and a proprietary library of royalty-free music, reducing licensing costs.
FINANCIAL SUMMARY (PLN)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 41.8M | 57.3M | 67.3M | 66.4M | 66.3M | 12.2% | 72.0M | 79.6M | 87.5M | 14.9% |
| EPS (PLN) | 0.23 | 0.22 | 0.25 | 0.32 | 0.26 | 3.1% | 0.25 | 0.25 | 0.28 | 3.8% |
| Shares | 31.1M | 32.3M | 33.9M | 35.1M | 34.5M | +10.8% | 34.5M | — | — | — |
| Debt | 12.3M | 17.9M | 24.1M | 25.8M | 33.8M | 28.7% | 31.9M | — | — | — |
| Equity | 25.7M | 30.3M | 39.8M | 42.5M | 42.5M | 13.4% | — | — | — | — |
| Op CF | 9.7M | 14.2M | 18.7M | 16.5M | 14.8M | 11.2% | 21.1M | — | — | — |
| Inv CF | -8.7M | -8.4M | -15.6M | -9.1M | -5.6M | — | — | — | — | — |
| Fin CF | -1.1M | -3.1M | 42.0K | -12.0M | -11.0M | — | — | — | — | — |
Above its 200-day average and 3% below its 52-week high.
Calmer than 56% of stocks we rank over the past year (volatility 39% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend (this stock): It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Communication Services, ranked by industry match, size, and score similarity. Cross-listings of IMS.WA are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| IMS.WA | IMS S.A.(you) | $30M | 92 |
| LRQ.WA | Larq S.A. | $9M | 57 |
| DIG.WA | Digital Network SA | $352M | 60 |
| WPL.WA | Wirtualna Polska Holding S.A. | $421M | 56 |
| ETL.WA | Eurotel S.A. | $27M | 84 |
| KPL.WA | Kino Polska TV Spolka Akcyjna | $91M | 94 |
| ATG.WA | ATM Grupa S.A. | $77M | 83 |
| CRJ.WA | Creepy Jar S.A. | $65M | 75 |
| WAS.WA | Wasko S.A. | $144M | 94 |
| TEN.WA | Ten Square Games S.A. | $150M | 91 |
Peer medians: ROE 7.1% · P/E 11.3x · Gross margin 55.7%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.