What is the main business of The First Explorers?

The main business activity of The First Explorers focuses on other financial service activities n.e.c..

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on January 24, 2019.

Where is the headquarters located?

The headquarters is located at: ul. Puławska 145, 02-715 Warszawa.

Who is on the management board?

The management board consists of: Joanna Małgorzata Zielińska (President of the Management Board).

What is the share capital?

The share capital of the company is PLN 5,250 (approx. $1,418).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

What was the revenue?

The company reported a revenue of $129,477 in 2024, which is a decrease of 56.3% compared to 2023.

Is the company profitable?

No, the company recorded a net loss of $49,753 in 2024. For comparison, in 2023 the loss was $90,417, meaning the company reduced its loss by 47.7%.

What is the largest operating cost?

The largest operating cost category falls under employee remuneration. This category amounted to $1,847 in 2024, representing 13% of all operating expenses.

The First Explorerssp. z o.o.

Other financial service activities, except insurance and pension funding not elsewhere

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2019-01-24

Share capital

5 250,00 PLN

Registered address

ul. Puławska 145, 02-715 Warszawa, Poland

Website

thefirstexplorers.com

Financials

The financial statement for 2025 has not yet been filed with the Financial Document Repository (past deadline).

Revenue history (in k)

Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2024.

Results vs industry

Revenue

This companyUSD 129.48kMedianUSD 64.25kAverageUSD 1.30m

Net profit

This companyUSD -49.75kMedianUSD 660.05AverageUSD 190.56k

Operating costs

This companyUSD 14.21kMedianUSD 34.98kAverageUSD 10.38m

Assets

This companyUSD 1.38mMedianUSD 172.67kAverageUSD 9.23m

Industry

Bank accounts

Registered as a VAT taxpayer on 2018-09-28. Active

Erste Bank Polska
30 1090 1870 0000 0001 3745 0223
Erste Bank Polska
04 1090 2851 0000 0001 4495 9070

Debt

No entries in the National Debtors Register (KRZ). No proceedings in KRZ

Public aid

No public aid cases recorded in the last 10 years.

Tenders

No recorded participation in tenders.

Authorized Representatives

Joanna Małgorzata Zielińska — President of the Management Board

Manner of representation

In the case of a one-person management board, the member of the management board acts independently; in the case of a multi-member management board, two members of the management board act jointly.

Ownership

Owner	Shares	Share value	Stake
Małgorzata Borowiecka (56)	15	$202.59	14.2857%
Gamecap Inc.	71	$958.94	67.619%
Others	19	$256.62	18.0953%

Beneficial owners

Person	Rights
Przemysław Zieliński (35)	Posiadanie 95% akcji w spółce gamecap inc., która posiada 67,63% w the first explorers sp. z o. o.

Competitors

Name	Revenue	Website
Ulmus HoldingS.A.	$158,623.76	saturntfi.pl
Aventis Capitalsp. z o.o.	$156,648.29	aventis-capital.com
Albaluna Investmentssp. z o.o.	$114,539.33	albaluna.pl
Innvesto Groupsp. z o.o.	$112,206.40	innvesto.com
Siwiec CapitalS.A.	$89,437.45	siwieccapital.pl
Wolf Inkasosp. z o.o.	$85,500.12	wolfinkaso.pl
DitixS.A.	$74,623.68	ditix.pl
Golden Rock Investmentssp. z o.o.	$73,916.31	goldenrockinvestments.pl
Dg-Inwest Finansesp. z o.o.	$72,365.05	dg-finanse.pl
Go4leasesp. z o.o.	$70,732.06	go4lease.pl

Change history

Date	Event
2020-01-31	Share capital change (5,000.00 PLN → 5,250.00 PLN)
2019-01-24	Entered in the register

FAQ

Last updated: 2026-04-10