Updated Jun 1, 2026 by Huuuge
Financial
Published by Huuuge
This report was prepared in English and Polish language versions. In the case of any discrepancies, the English version shall This Consolidated quarterly report of Huuuge Group for the third quarter of 2024 (the “Report”) has been prepared in accordance with §69 of the Regulation of the Minister of Finance of March 29, 2018 on current and periodic information published by issuers of securities and the conditions for recognizing information as equivalent required by the law...
H CONSOLIDA Q3 2024 TED REPORT THE HUUUGE, INC. GROUP Warsaw, November 21, 2024 This report was prepared in English and Polish language versions. In the case of any discrepancies, the English version shall prevail as binding.
Daily Paying Users Disclaimer This Consolidated quarterly report of Huuuge Group for the third quarter of 2024 (the “Report”) has been prepared in accordance with §69 of the Regulation of the Minister of Finance of March 29, 2018 on current and periodic information published by issuers of securities and the conditions for recognizing information as equivalent required by the law of a non-member state. Since the separate data for Huuuge, Inc. and the consolidated data for the Huuuge Group are generally similar (trends are maintained for individual balance sheet and result items), the Board of Directors andManagementperform and present a joint analysis for the separate and consolidated data. Unless implied otherwise in this Report, the terms “we” or the “Group”, refer to the Company together with all of its subsidiaries and the term the “Company” or “Issuer”, refers to Huuuge, Inc. Unless indicated otherwise, references to statements as to beliefs, expectations, estimates and opinions of the Company or its management refer to the beliefs, expectations, estimates and opinions of the Company’s Board of Directors. Certain arithmetical data contained in this Report, including financial and operating information, have been rounded. Therefore, in certain instances, the sum of the numbers in a column or a row in tables contained in this Report may not conform exactly to the total figure given for that column or row.
in arithmetical data contained in this Report, including financial and operating information, have been rounded. Therefore, in certain instances, the sum of the numbers in a column or a row in tables contained in this Report may not conform exactly to the total figure given for that column or row. Industry and Market Data This Report may include market share and industry data that we obtained from various third-party sources, including publicly available information concerning global social gaming industries. The information in this Report that has been sourced from third parties has been accurately reproduced with reference to these sources in the relevant paragraphs and, as far as we are aware and able to ascertain from the information published by that third party, no facts have been omitted that would render the reproduced information provided inaccurate or misleading. Where third-party information has been sourced in this Report, the source of such information has been identiᶠⁱed. Industry publications, surveys and forecasts generally state that the information contained therein has been obtained from sources believed to be reliable. To the extent these industry publications, surveys and forecasts are accurate and complete, we believe we have correctly extracted and reproduced the information from such sources. Additionally, industry publications generally state that the information contained therein has been obtained from sources believed to be reliable but that the accuracy and completeness of such information is not guaranteed and in some instances state that they do not assume liability for such information.
nally, industry publications generally state that the information contained therein has been obtained from sources believed to be reliable but that the accuracy and completeness of such information is not guaranteed and in some instances state that they do not assume liability for such information. We cannot therefore assure you of the accuracy and completeness of such information, and we have not independently veriᶠⁱed such information. In addition, in many cases, statements in this Report regarding our industry and our position in the industry are based on our experience and our own investigation of market conditions. Comparisons between our reported financial or operational information and that of other companies operating in our industry using this information may not fully reᶠˡect the actual market share or position in the market, as such information may not be deᶠⁱned consistently or reported for all companies from our industry in line with how we deᶠⁱne or report such information in this Report. While we are not aware of any mis-statements regarding the industry data presented herein, our estimates involve certain assumptions, risks and uncertainties and are subject to change based on various factors. Key Performance Indicators Certain KPIs included in this Report, including DAU, MAU, DPU, MPU, ARPDAU, ARPPU and Monthly Conversion, are derived from management estimates, are not part of our financial statements or financial accounting records and have not been audited or otherwise reviewed by independent auditors, consultants or experts.
luded in this Report, including DAU, MAU, DPU, MPU, ARPDAU, ARPPU and Monthly Conversion, are derived from management estimates, are not part of our financial statements or financial accounting records and have not been audited or otherwise reviewed by independent auditors, consultants or experts. Our use or computations of these KPIs may not be comparable to the use or computations of similarly titled measures reported by other companies in our industry, by research agencies or by market reports. For that reason, comparisons using this information may not be reliable. Other companies, research agencies or market reporters may include other items or factors in their calculation of similar metrics and may use certain estimates and assumptions that we do not use when calculating these Huuuge, Inc.
Daily Paying Users metrics. These factors may cause the calculations by others of similar metrics to differ substantially from our calculations if their methodologies instead were used to calculate our KPIs. The KPIs are not accounting measures, but management believes that each of these measures provides useful information concerning the usage and monetization patterns of our games, as well as the costs associated with attracting and retaining our players. None of the KPIs should be considered in isolation or as an alternative measure of performance under IFRS, and their inclusion in this Report does not mean that the Issuer will continue to report these KPIs in the future. Forward-looking statements The Report includes forward-looking statements, which include all statements other than statements of historical facts, including, without limitation, any statements preceded by, followed by or that include the words “targets,” “believes,” “expects,” “aims,” “intends,” “will,” “may,” “anticipates,” “would,” “could” or similar expressions or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond our control that could cause our actual results of operations, financial condition or prospects to materially differ from any of those expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding our present and future business strategies and the environment in which we currently operate and will operate in the future. These forward-looking statements speak only as at the date of approval of the Report.
Alexis Bonte Emily Villatte President & Group CEO Group CFO Margin expansion despite revenue decline ▪ Group Adj. EBITDAC margin 27% (25%) (organic growth, %) despite organic revenue decline of -9.4% 1,356 ▪ Europe delivers BIG franchise new game launch & divests Narrative portfolio SEKm, (-9.4%) ▪ North America continues efficiency focus S ▪ MENA & APAC lead growth (margin, %) Net revenue UAC Adj EBITDAC (organic growth, %) ...
PlayWay S.A. outlines its strategic release schedule and market positioning for the mid-2017 period, focusing on the three-month window ending August 31, 2017. The primary objective is to communicate upcoming product launches and provide quantitative evidence of the company’s sales potential through Steam Wishlist metrics. The release pipeline includes nine distinct titles and expansions, most notably Car Mechanic Simulator 2018 along with its Mazda and Dodge downloadable content. Other key titles slated for release across PC and mobile platforms include Dracula Hotel, Farm Expert 2017, and Project Remedium. This schedule excludes potential console releases currently undergoing certification with Sony or Microsoft, suggesting the possibility of additional revenue streams depending on third-party approval timelines. The assessment of market demand relies heavily on Steam Wishlist data, which serves as a leading indicator for future sales performance. Hard West leads the portfolio with over 175,000 wishlist additions, followed by 911 Operator and Car Mechanic Simulator 2015, both of which maintain significant interest with over 112,000 additions each. Among unreleased titles, Agony demonstrates strong pre-launch momentum with 103,887 wishlist entries. Furthermore, the upcoming title UBOOT has surpassed 20,000 wishlist additions, a figure that notably exceeds the pre-launch interest levels previously recorded for 911 Operator. This data reflects a diversified publishing strategy targeting the global PC and mobile gaming markets. By leveraging established simulation franchises and monitoring community interest through digital storefront metrics, the management aims to validate the commercial viability of its upcoming catalog. The reliance on wishlist statistics underscores the industry-standard methodology of using digital engagement to forecast initial sales velocity and long-term tail performance for independent and mid-tier titles.
PlayWay S.A. outlines its strategic release schedule and sales potential for the third quarter of 2017, focusing on the period ending September 30. The primary objective is to update investors on upcoming PC and console launches while providing quantitative metrics regarding consumer interest through Steam Wishlist data. The release pipeline features eleven distinct titles and expansions, most notably Car Mechanic Simulator 2018 along with its Mazda and Dodge DLCs, Discovery Gold Rush, and Project Remedium. While the schedule emphasizes PC releases, it also includes mobile titles like Dracula Hotel and Fit Club, as well as the Xbox One port of The Way. The sales potential of the portfolio is measured by active Steam Wishlist counts, which serve as a primary indicator of future commercial performance. Established titles show significant long-term interest, with Hard West leading at over 173,000 wishlist additions, followed by 911 Operator at 156,000 and Car Mechanic Simulator 2015 at 125,000. Regarding unreleased titles, Agony demonstrates strong pre-launch momentum with over 128,000 wishlist entries. The upcoming title UBOOT is highlighted for its rapid growth, reaching 26,680 wishlist additions, a figure that surpasses the pre-launch metrics of the company’s previous successful title, 911 Operator. The scope of this update is limited to confirmed release windows and does not account for console titles currently undergoing certification with Sony or Microsoft, suggesting the possibility of additional unannounced launches within the timeframe. By disclosing these specific data points, the management aims to demonstrate the scalability of its simulator-heavy portfolio and the effectiveness of its marketing funnel on digital distribution platforms. This communication follows standard regulatory requirements for public companies to disclose price-sensitive information regarding their product pipelines and market traction.
The filing announces the execution of an investment agreement in which Playway S.A., headquartered in Warsaw, commits capital to increase the share capital of ECC Games Sp. z o.o., a developer focused on mobile‑platform titles. On 27 December 2016, Playway contributed a cash injection of 394 000 zł, a sum designated to complete the production of several pending mobile games under ECC Games’ pipeline. The capital increase restructured ownership of ECC Games, allocating 25.03 % of the enlarged equity to Playway, 38.12 % to individual investor Piotr Wątrucki, and 36.85 % to Inovo Venture Fund I, a limited partnership venture fund also based in Warsaw. The transaction is framed by Polish corporate law and the Market Abuse Regulation, specifically Article 17(1) concerning confidential information, underscoring the confidentiality of the disclosed terms. By securing a minority yet significant stake, Playway positions itself to benefit from ECC Games’ upcoming mobile releases while diversifying its portfolio within the Polish gaming sector. Overall, the investment reflects a strategic move to bolster Playway’s involvement in the rapidly expanding mobile gaming market, leveraging a modest capital outlay to acquire a meaningful share in a developer poised to deliver new titles. The agreement also formalizes the participation of two co‑investors, aligning their interests in the future success of ECC Games.