Updated Mar 17, 2026 by 11 bit studios
11 bit studios achieved record financial performance in 2018, with revenue increasing 328.8% to 82.11 million PLN and net profit rising nearly tenfold to 37.55 million PLN.
The company’s growth was primarily driven by the commercial success of the proprietary title Frostpunk and the publishing hit Moonlighter, with 82.5% of total sales originating from the United States.
To support a new release cycle of one proprietary title every 12–18 months, the company is transitioning to a multi-team model and plans to double its workforce to 200 employees.
The studio invested 18.1 million PLN in a new Warsaw headquarters and allocated significant capital toward the development of 'Project 8' and its proprietary game engine.
The company maintains a strong liquidity position with 109.3 million PLN in total assets and was promoted to the mWIG40 index on the Warsaw Stock Exchange following its 2018 performance.
Following the sale of its subsidiary Games Republic Limited, the company shifted its strategic focus toward internal development and high-potential publishing projects.
Founders Grzegorz Miechowski, Przemysław Marszał, and Michał Drozdowski maintain stable corporate governance, collectively holding approximately 16% of the company's share capital.
11 bit studios achieved record financial performance in 2018, with revenue increasing 328.8% to 82.11 million PLN and net profit rising nearly tenfold to 37.55 million PLN.
The company’s growth was primarily driven by the commercial success of the proprietary title Frostpunk and the publishing hit Moonlighter, with 82.5% of total sales originating from the United States.
To support a new release cycle of one proprietary title every 12–18 months, the company is transitioning to a multi-team model and plans to double its workforce to 200 employees.
The studio invested 18.1 million PLN in a new Warsaw headquarters and allocated significant capital toward the development of 'Project 8' and its proprietary game engine.
The company maintains a strong liquidity position with 109.3 million PLN in total assets and was promoted to the mWIG40 index on the Warsaw Stock Exchange following its 2018 performance.
Following the sale of its subsidiary Games Republic Limited, the company shifted its strategic focus toward internal development and high-potential publishing projects.
Founders Grzegorz Miechowski, Przemysław Marszał, and Michał Drozdowski maintain stable corporate governance, collectively holding approximately 16% of the company's share capital.