What is the main business of Timechain?

The main business activity of Timechain focuses on web portals.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on August 23, 2019.

Where is the headquarters located?

The headquarters is located at: Aleja Powstania Warszawskiego 15, 31-539 Kraków.

Who is on the management board?

The management board consists of: Tomasz Marcin Chojnacki (President of the Management Board).

What is the share capital?

The share capital of the company is PLN 10,000 (approx. $2,701).

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 revenue was generated?

The company reported a revenue of $207,167 in 2024, which is an increase of 37.8% compared to 2023.

Is the company profitable?

Yes, the company recorded a net profit of $20,177 in 2024, meaning the company decreased its profit by 67.2%.

What is the main operating cost?

The largest operating cost category falls under other operating costs. This category amounted to $155,600 in 2024, representing 85% of all operating expenses.

Timechainsp. z o.o.

Web portals

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2019-08-23

Share capital

10 000,00 PLN

Activity description

Satsback.com lets shoppers earn bitcoin when they buy from partner online stores. The company provides bitcoin rewards, instant payouts via the Lightning Network, and a browser extension that alerts users to eligible stores. It works as a cashback and loyalty platform for thousands of e-commerce brands.

Registered address

Aleja Powstania Warszawskiego 15, 31-539 Kraków, Poland

Website

satsback.com

Electronic delivery address

AE:PL-11385-27976-JRFSE-31

Financials

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 2025.

Results vs industry

Revenue

This companyUSD 163.33kMedianUSD 31.20kAverageUSD 2.31m

Net profit

This companyUSD -8.01kMedianUSD -43.62AverageUSD 169.23k

Operating costs

This companyUSD 170.37kMedianUSD 31.24kAverageUSD 1.89m

Assets

This companyUSD 40.22kMedianUSD 32.93kAverageUSD 2.48m

Industry

Bank accounts

Registered as a VAT taxpayer on 2020-05-01. Active

mBank
23 1140 1010 0000 2419 6700 1002
BNP Paribas Bank Polska
25 1600 1462 1731 4384 3000 0002
mBank
50 1140 1010 0000 2419 6700 1001

Debt

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

Public aid

Grant date	Purpose	Gross amount	Granting body
Oct 19, 2021	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier)	$2,637$2,637	Krakowski Park Technologiczny sp. z o.o.
Sep 9, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$1,282$1,282	Prezydent Miasta Kraków

Tenders

No recorded participation in tenders.

Authorized Representatives

Tomasz Marcin Chojnacki – President of the Management Board

Manner of representation

Each member of the management board is authorized to make declarations on behalf of the company independently.

Ownership

Owner	Shares	Share value	Stake
Satsback Labs Incorporated	200	$2,701.24	100%

Beneficial owners

Person	Rights

Competitors

Name	Revenue	Website
Webepartnerssp. z o.o.	$1,526,627.51	webepartners.pl
Live Commercesp. z o.o.	$783,018.01	kupuje.live
Pricewaysp. z o.o.	$185,905.29	kuponero.pl

Change history

Date	Event
2021-04-01	Address change (Ul. Zabłocie 20/22, 30-701, Kraków → Aleja Powstania Warszawskiego 15, 31-539, Kraków)
2020-07-15	Share capital change (5,000.00 PLN → 10,000.00 PLN)
2019-08-23	Entered in the register

FAQ

Last updated: 2026-10-07