Key insights
7 takeaways · ~3 min read- 0111 bit studios S.A. generated total revenue of 87,101,774 PLN in 2020, an increase from 71,221,248 PLN in 2019.See it on page 96
- 02The company's net profit in 2019 was restated from 21,710,280 PLN to 23,726,914 PLN due to adjustments related to the Motivational Program and ground value presentation.See it on page 77
- 03Revenue from external development studios' games, including "Moonlighter" and "Children of Morta," accounted for 29% of the company's revenue in 2020, down from 40% in 2019.See it on page 42
- 04The game "This War of Mine," released in November 2014, continued to provide a noticeable revenue stream in 2020.See it on page 83
- 05In 2020, 11 bit studios S.A. secured revenue from an agreement with Microsoft to include "Frostpunk" (January 9, 2020) and "Children of Morta" (January 16, 2020) in the Xbox Pass subscription service.See it on page 81
- 06The company's equity increased significantly from 119,740,299 PLN in 2019 to 164,648,124 PLN in 2020, primarily driven by increases in share premium, reserve capital from share-based payments, and retained earnings.See it on page 19
- 07PricewaterhouseCoopers Polska was appointed to audit the company's financial statements for the financial years ending December 31, 2020, and 2021.See it on page 13
Summary
RAPORT ROCZNY 11 BIT STUDIOS S.A. ZA 2020ROK Warszawa, 28 kwietnia 2021 roku Szanowni Akcjonariusze i Inwestorzy Serdecznie zapraszamy Was do lektury Raportu rocznego 11 bit studios S.A. za 2020 rok. Nie ukrywamy, że z uwagi na pandemię COVID-19 był to rok dużych wyzwań jeśli chodzi o zarządzanie firmą i prowadzenie biznesu.
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