ML System wins Photonroof patent: ML System stock sits 28.40 percent below its 52-week high

Published on 10/15/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ML System secured a Photonroof patent on October 5, 2026. ML System stock costs EUR 3.26 on October 15, 2026 at Lang & Schwarz.

Photonroof patent and growth figures

ML System received a Photonroof patent decision on October 5, 2026, under application P.448637.
First-half 2026 revenue reached PLN 73.07 million versus PLN 35.94 million a year earlier.
ML System stock trades at EUR 3.26 at 1:06 p.m. CEST at Lang & Schwarz on October 15, 2026.

ML System, PLMLSTM00015, Illustration mit AI erstellt.

ML System (ISIN PLMLSTM00015) was trading at EUR 3.26 at Lang & Schwarz on October 15, 2026 at 1:06 p.m. CEST. According to Parkiet on October 6, 2026, the company reported that a Polish patent decision dated October 5 covered a photovoltaic roof-tile system with integrated cells and a dedicated mounting system.

Three events shape the story

On September 30, 2026, ML System reported first-half revenue of PLN 73.07 million, up from PLN 35.94 million in the first half of 2025. The company also reported EBITDA of PLN 2.50 million, compared with a PLN 15.81 million loss a year earlier, while its net loss narrowed to PLN 8.43 million from PLN 30.51 million. These figures were published by ML System.

On October 5, 2026, the patent decision protected roof tiles with integrated photovoltaic cells. On October 7, 2026, ML System said its Photonroof order book exceeded 23,000 square meters, according to ML System.

What does the order book mean?

The 23,000-square-meter Photonroof order book gives the patent a commercial measure beyond intellectual property. The broader first-half order portfolio exceeded 44,000 square meters as of September 28, 2026, while the energy-storage order portfolio was valued at PLN 63.00 million, versus PLN 16.00 million in sales during 2024 and 2025, according to ML System. The comparison points to a business that is scaling sales while still carrying a material profitability challenge.

Two dates are next

ML System invited visitors to Wroclaw for October 23-24, 2026, according to Bankier.pl. TradingView lists December 2, 2026, as the next earnings date for ML System.

Stock stays below its yearly high

ML System is listed on the Warsaw Stock Exchange under ticker MLS. The primary-market quote was PLN 14.32 on October 15, 2026, against a 52-week range of PLN 12.92 to PLN 20.00, while market capitalization stood at PLN 105.7 million. The figures place the stock 28.40 percent below its 52-week high and keep the operating recovery in view alongside the company's continuing loss.

ML System was trading at EUR 3.26 at Lang & Schwarz on October 15, 2026 at 1:06 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of ML System stock.