Depreciation and amortization increased from PLN 912,412 in Q1 2024 to PLN 4,581,735 in Q1 2025. The report attributes this to the amortization of recently released games.
Net cash from operating activities was PLN 5,256,567 in Q1 2025, down from PLN 5,438,889 in Q1 2024. The report describes the decrease as slight.
The report states future performance will be largely influenced by upcoming releases of both proprietary and third-party titles. Frostpunk 2 and The Alters are named among these releases.
The company holds a 40% ownership interest in Fool’s Theory Sp. z o.o. The interest is recognized using the equity method. The company also issued a surety for up to PLN 5,250,000 for a credit facility for Fool’s Theory.
QUARTERLY REPORT OF 11 BIT STUDIOS FOR THE THREE MONTHS ENDED 31 MARCH DEAR SHAREHOLDERS AND INVESTORS, It is our pleasure to present to you the quarterly technical quality, balanced gameplay, and, of report of 11 bit studios S.A. for the three months course, a lot of excitement and entertainment. In ended 31 March 2025.
11 bit studios · 2025
11 bit studios · 2025