- 01
11 bit studios achieved a 168.9% year-on-year revenue increase to PLN 140.54 million in 2024, driven primarily by the launch of Frostpunk 2, which recouped its development costs within three days.
- 02
The company recorded a modest net profit of PLN 6.9 million and an operating loss of PLN 2.84 million, heavily impacted by PLN 67.4 million in non-cash impairment losses.
- 03
A significant PLN 48.4 million impairment charge was incurred due to the cancellation of 'Project 8', alongside additional write-downs for the underperforming titles The Thaumaturge and Creatures of Ava.
- 04
Despite operational losses, the company maintains a strong liquidity position with cash reserves increasing to PLN 65.5 million, sufficient to fund future projects without external financing.
- 05
Strategic focus has shifted toward larger-scale IP, with the release of The Alters rescheduled for June 2025 and a new title in the Frostpunk universe planned for 2027.
- 06
The United States remains the company's largest market, with Steam serving as the dominant distribution platform for its portfolio.