ML System stock trades at EUR 3.10 as storage portfolio reaches PLN 63 million
Published on 10/20/2026 at 13:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSStorage portfolio and funding dates
- ML System reported PLN 63 million in energy-storage orders in its September 30, 2026 half-year update.
- First-half 2026 revenue reached PLN 73.07 million versus PLN 35.90 million in first-half 2025.
- ML System stock traded at EUR 3.10 at 1:46 p.m. CEST at Lang & Schwarz on October 20, 2026.
ML System (PLMLSTM00015) stock was trading at EUR 3.10 at Lang & Schwarz on October 20, 2026 at 1:46 p.m. CEST, while its energy-storage order portfolio reached PLN 63 million in the first half of 2026. In its half-year update dated September 30, 2026, ML System reported sharply higher sales alongside a continuing funding requirement.
Three milestones shape the story
On September 23, 2026, ML System received a patent for a textured BIPV construction element, while historical fiscal year 2025 revenue stood at PLN 122.85 million, according to Biznes24.
On September 25, 2026, the company announced two energy-storage contracts worth PLN 17.60 million net, with each installation rated at 5 MW and 10 MWh, according to ML System.
On October 7, 2026, another Photonroof patent was announced as the roof-tile order portfolio exceeded 23,000 square meters, more than thirteen times the 1,716 square meters delivered in the first year, according to ML System.
What does the storage portfolio change?
The PLN 63 million portfolio gives the storage business a larger role, but the half-year figures show why financing remains central. Revenue reached PLN 73.07 million in the first half of 2026, versus PLN 35.90 million in the first half of 2025, while EBITDA improved to PLN 2.50 million from minus PLN 15.81 million. Net loss narrowed to PLN 8.43 million from PLN 30.51 million, according to the September 30, 2026 report from ML System.
Funding dates set the next test
The next dated milestones are October 30, 2026, the deadline for obtaining at least PLN 30 million of financing, and November 30, 2026, when a payment guarantee supporting bank financing expires, according to GPW Alert.
Stock price and funding remain linked
ML System's operating improvement is visible in the first-half figures, but the funding dates leave liquidity as the immediate counterweight to the expanding order portfolio. The stock was trading at EUR 3.10 at Lang & Schwarz on October 20, 2026 at 1:46 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of ML System stock.
ML System stock facts
- Company: ML System S.A.
- ISIN: PLMLSTM00015
- Ticker: MLS.WA
- Primary exchange: Warsaw Stock Exchange
- Price Lang & Schwarz (as of October 20, 2026, 1:46 p.m. CEST): EUR 3.10
- Market capitalization: PLN 100.4 million (as of October 20, 2026)
- Sector / Industry: Energy / Solar
Market context: Market report WIG 20.
