Updated Mar 17, 2026 by 11 bit studios
11 bit studios achieved record-breaking Q1 2020 financial results with PLN 30.52 million in revenue, a 114.3% year-on-year increase, and a net profit of PLN 14.51 million, up 226.9%.
The Frostpunk franchise surpassed PLN 100 million in cumulative revenue during Q1 2020, officially overtaking This War of Mine as the studio’s highest-earning title.
The company’s total financial assets exceeded PLN 100 million for the first time, bolstered by strong operating cash flows of PLN 24.3 million.
The publishing division, driven by titles like Moonlighter and Children of Morta, accounted for 24% of total quarterly revenue, signaling a successful shift toward a multi-faceted business model.
The studio plans to expand its workforce from 140 to approximately 200 employees to support the development of three internal projects currently codenamed Projekt 8, Projekt 9, and Projekt 10.
Despite COVID-19 operational challenges, the company is actively scaling its publishing pipeline with three large-scale projects currently in development.
11 bit studios achieved record-breaking Q1 2020 financial results with PLN 30.52 million in revenue, a 114.3% year-on-year increase, and a net profit of PLN 14.51 million, up 226.9%.
The Frostpunk franchise surpassed PLN 100 million in cumulative revenue during Q1 2020, officially overtaking This War of Mine as the studio’s highest-earning title.
The company’s total financial assets exceeded PLN 100 million for the first time, bolstered by strong operating cash flows of PLN 24.3 million.
The publishing division, driven by titles like Moonlighter and Children of Morta, accounted for 24% of total quarterly revenue, signaling a successful shift toward a multi-faceted business model.
The studio plans to expand its workforce from 140 to approximately 200 employees to support the development of three internal projects currently codenamed Projekt 8, Projekt 9, and Projekt 10.
Despite COVID-19 operational challenges, the company is actively scaling its publishing pipeline with three large-scale projects currently in development.