Key insights
7 takeaways · ~3 min read- 0111 bit studios S.A. experienced significant financial growth in 2011, achieving a net profit of 1,292,777.32 PLN, a substantial improvement from a net loss of 231,199.53 PLN in 2010.See it on page 16
- 02The company's revenue from sales increased dramatically by 544.4% from 474,038.19 PLN in 2010 to 3,054,721.58 PLN in 2011.See it on page 5
- 03Total operating costs increased by 110.4% from 757,807.86 PLN in 2010 to 1,594,533.17 PLN in 2011.See it on page 52
- 04Share capital was increased on November 10, 2011, through the issuance of up to 500,000 Series D ordinary bearer shares, each with a nominal value of 0.10 PLN, raising the capital from 187,076.10 PLN to a maximum of 237,076.10 PLN.See it on page 25
- 0511 bit studios S.A. continued work on versions of the game "Anomaly Warzone Earth" for additional hardware platforms in 2011, with plans to complete and launch sales in 2012, alongside building new game development teams.See it on page 35
- 06The company faces risks related to licensing agreements, including short notice periods for termination and immediate termination clauses, and the application of non-Polish law (e.g., Washington state law) in many contracts, complicating legal assessments.See it on page 39
- 07Short-term liabilities increased from 63,053.71 PLN in 2010 to 305,957.86 PLN in 2011.See it on page 52
Summary
I.! PISMO ZARZĄDU ........................................................................................................... 3! II.! WYBRANE JEDNOSTKOWE DANE FINANSOWE ZAWIERAJĄCE PODSTAWOWE POZYCJE ROCZNEGO SPRAWOZDANIA FINANSOWEGO WRAZ Z DANYMI PORÓWNYWALNYMI ............... 4! III.! SPRAWOZDANIE FINANSOWE ZA ROK 201111 BIT STUDIOS S.A. .......................................
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