Updated Mar 17, 2026 by 11 bit studios
11 bit studios achieved a significant financial turnaround in 2011, reporting a net profit of 1.29 million PLN compared to a 231,199 PLN loss in 2010.
Net sales revenue grew by over 544% to 3.05 million PLN, driven primarily by the commercial success of the Anomaly Warzone Earth series.
The company operates as a global entity with 96% of sales originating from foreign markets via digital platforms like Steam and the App Store.
Revenue is highly sensitive to currency fluctuations, as 80-100% of income is denominated in USD, EUR, and GBP.
Following a Series D share issuance, the company ended 2011 with 1.30 million PLN in cash and total assets exceeding 2.99 million PLN.
The firm is currently funding the simultaneous development of four new game series and has set a revenue target of 12.7 million PLN for 2013.
Operational risks include dependency on platform owners like Sony and Microsoft, which the company mitigates through diversification across open platforms and rigorous usability testing.
11 bit studios achieved a significant financial turnaround in 2011, reporting a net profit of 1.29 million PLN compared to a 231,199 PLN loss in 2010.
Net sales revenue grew by over 544% to 3.05 million PLN, driven primarily by the commercial success of the Anomaly Warzone Earth series.
The company operates as a global entity with 96% of sales originating from foreign markets via digital platforms like Steam and the App Store.
Revenue is highly sensitive to currency fluctuations, as 80-100% of income is denominated in USD, EUR, and GBP.
Following a Series D share issuance, the company ended 2011 with 1.30 million PLN in cash and total assets exceeding 2.99 million PLN.
The firm is currently funding the simultaneous development of four new game series and has set a revenue target of 12.7 million PLN for 2013.
Operational risks include dependency on platform owners like Sony and Microsoft, which the company mitigates through diversification across open platforms and rigorous usability testing.