Infinity: corporate bonds on Catalyst
Infinity has 2 bond series listed on Catalyst with an issue value of PLN 25.1m. Next maturity: INF0127, PLN 14m, 31 January 2027. Net debt / EBITDA: 5.86× (2025 annual report).
Key figures
2025 annual report (gpwcatalyst.pl) · as at 11 Nov 2026Data on series and maturity dates come from GPW Catalyst. This page describes the company’s data and is not an investment recommendation.
Infinity S.A. is the Warsaw-based holding company of the Profbud group, one of the larger residential developers in the capital. The group builds projects including Murano in Muranów, Mocha Tower in Praga-Południe and Miasto Polskich Mistrzów Olimpijskich in Mysiadło, and also owns an office building and a wind farm. Its bonds on Catalyst are secured by mortgages.
Financial results
PLN million, consolidated figures; figures from the company’s reports. A dash (–) means the figure is not in our database.
| Item | 2023 | 2024 | 2025 | 6M 2026 |
|---|---|---|---|---|
| Revenue | 63.3 | 399.3 | 150.0 | 157.8 |
| Operating profit (EBIT) | 31.4 | 95.8 | 35.1 | 19.9 |
| Net profit | 15.0 | 63.5 | 11.7 | 1.06 |
| Total assets | 753.8 | 1,077.1 | 1,223.1 | 1,352.4 |
| Equity | – | – | – | 434.1 |
| Total liabilities | 442.8 | 645.4 | 773.2 | 918.3 |
| Cash and cash equivalents | – | 60.1 | 51.4 | 84.5 |
Sources: company data (gpwcatalyst.pl), company data (gpwcatalyst.pl), annual report for 2025, half-year report for H1 2026.
Debt and repayment capacity
Ratios based on annual reports (consolidated), using only figures verified against the company’s filings. A dash (–) means the figure is not available; a negative interest cover means an operating loss.
| Ratio | 2024 | 2025 |
|---|---|---|
| Interest cover (how many times operating profit covers interest expense) | 6.32× (EBITDA) | 3.99× (EBITDA) |
| Net debt / EBITDA (years of operating profit before depreciation needed to cover the debt) | 2.96× | 5.86× |
| Operating cash flow − capital expenditure (PLN million, cash from operations after investment) | −141.6 | 31.4 |
Sources: 2024 annual report, 2024 annual report (2).
Bonds on Catalyst
| Series | Maturity | Interest rate | Rate type | Margin | Security | Yield to maturity |
|---|---|---|---|---|---|---|
| INF0127 | 31 Jan 2027 | 8.11% | Floating (3M WIBOR) | +4.20 pp | Secured (mortgage) | 6.45% |
| INF1027 | 13 Oct 2027 | 8.05% | Floating (3M WIBOR) | +4.20 pp | Secured (mortgage) | 7.67% |
Series codes link to the series pages in Polish. Yield to maturity is calculated by the Polish brokerage DM BDM, before tax and commissions; for floating-rate bonds it assumes the reference rate (WIBOR or EURIBOR) stays at its current level. “No quote” means no recent price.
Questions about Infinity bonds
How many Infinity bond series are listed on Catalyst?
Infinity has 2 bond series listed on Catalyst with a total nominal value of PLN 25 million. Their maturity dates range from 31 January 2027 to 13 October 2027.
When does the next Infinity bond mature?
The next maturity is series INF0127 on 31 January 2027 (nominal value PLN 14 million). The following one is INF1027 (13 October 2027). An early redemption at the issuer’s request can change these dates.
How is the interest on Infinity bonds set?
All 2 series pay a floating rate: 3M WIBOR plus a margin of 4.20 percentage points. The coupon changes with the reference rate in each interest period, while the margin stays the same until maturity.
Are Infinity bonds secured?
Security by number of series: secured (mortgage): 2. Secured or guaranteed series give bondholders an additional source of repayment if the issuer cannot pay.
Source: our database of Catalyst series, terms and conditions of the bonds and company announcements.
Our full analysis, financial results and news on Infinity are on the Polish-language issuer page.
This material is for information purposes only and does not constitute investment advice.