Time to maximize the benefits of competitive advantages – Mint of Poland Capital Group summarizes 2024
The financial results achieved by the Mint of Poland Capital Group in 2024 confirm its strong market position and financial stability. Growth was recorded across various business areas, including monetary contracts, investment gold sales, electronic payments, and office space leasing.
The Mint of Poland Capital Group closed 2024 with nearly PLN 1.4 billion in revenue, PLN 102 million in operating profit, and PLN 128.3 million in EBITDA from sales.
– We achieved higher results both in the minting segment and in electronic payments compared to the previous year. During the reporting period, we recognized revenue from the final sale of 166 residential units within the R-S quarters of the ‘Bulwary Praskie’ development project. At the same time, we actively conducted preliminary sales in the NOP quarters. The results of these activities will be systematically reflected in our revenue in the second half of 2025. It is also worth noting that this segment includes not only real estate development projects but also office space leasing – summarized Katarzyna Budnicka-Filipiuk, CEO of Mint of Poland.
As in previous years, the minting segment accounted for the largest share of total revenue (75.2%). Electronic payments contributed 16.9%, while real estate operations represented 7.9% of total revenue. The latter segment continues to generate income from the handover of residential units in subsequent phases of the ‘Bulwary Praskie’ project. In the ’Mennica Residence’ investment, where Mint of Poland owns nearly 6,000 sqm of retail and service space, all office and commercial units are fully leased. Similarly, in the "Mennica Legacy Tower" project — where the Group holds a 50% stake —lease agreements with key tenants remained in force throughout the year.