Report11 bit studios
Interim Financial Report: Nine Months Ended September 30th 2018
28 pages~89 min full read
Key insights
4 slides
Key number
Net profit reached PLN 28,518,085 in the first nine months of 2018.
The company reported a net profit of PLN 28,518,085 for the nine months ended September 30th, 2018.
Page 16 of the reportPLN 28,518,085
Net profit, nine months ended September 30th, 2018
- Net loss, same period 2017
- PLN 559,317
What changed
Revenue increased substantially to PLN 59,620,481 in the first nine months of 2018.
Revenue for the nine months ended September 30th, 2018, increased substantially to PLN 59,620,481, up from PLN 11,401,961 in the prior year. The report attributes this primarily to strong sales of Frostpunk and Moonlighter.
Balance sheet
Cash and cash equivalents totaled PLN 61,672,165 as of September 30th, 2018.
The company's cash and cash equivalents, including bank accounts, deposits, and bonds, totaled PLN 61,672,165 as of September 30th, 2018. This was a substantial increase from PLN 31,229,866 at the end of 2017.
Roadmap
The company plans to release Children of Morta in early 2019.
11 bit studios S.A. plans to release Children of Morta in early 2019 and further develop Frostpunk. It also plans to continue monetizing This War of Mine, Moonlighter, and Beat Cop.
Page 15 of the report- 01Release Children of MortaPlanned for early 2019
- 02Develop FrostpunkFurther development planned
- 03Monetize existing titlesThis War of Mine, Moonlighter, and Beat Cop
1 / 4
Ask AI about this report
Summary
These interim condensed financial statements have been prepared on a historical cost basis. They do not include all information and disclosures required in full-year financial statements and should be read in conjunction with the Company's full-year financial statements for 2017, including notes, for the period of 12 months ended December 31st 2017, prepared in accordance with the IFRS as endorsed by the EU.
Cite this report
Citation
Generating citation…
