Updated Mar 17, 2026 by 11 bit studios
11 bit studios achieved record financial performance in 2015, with sales revenue increasing to 22.7 million PLN from 15.6 million PLN in 2014 and net profit reaching 12.8 million PLN.
The company’s cash reserves tripled during the fiscal year, rising from 7.64 million PLN to 22.93 million PLN.
Financial growth was primarily driven by the sustained global commercial success of the title This War of Mine across Steam, Apple, and Google platforms.
The company transitioned to International Financial Reporting Standards (IFRS), resulting in the reclassification of 4.86 million PLN in development costs from inventories to intangible assets.
11 bit studios maintains a specific amortization policy, depreciating completed game titles over 12 to 18 months and proprietary game engines over 36 months.
The company faces significant currency risk because the majority of its revenue is generated in USD, while its functional currency is the Polish złoty.
Following the 2015 fiscal year, the company executed a strategy of platform diversification with the January 2016 console launch of This War of Mine: The Little Ones.
11 bit studios achieved record financial performance in 2015, with sales revenue increasing to 22.7 million PLN from 15.6 million PLN in 2014 and net profit reaching 12.8 million PLN.
The company’s cash reserves tripled during the fiscal year, rising from 7.64 million PLN to 22.93 million PLN.
Financial growth was primarily driven by the sustained global commercial success of the title This War of Mine across Steam, Apple, and Google platforms.
The company transitioned to International Financial Reporting Standards (IFRS), resulting in the reclassification of 4.86 million PLN in development costs from inventories to intangible assets.
11 bit studios maintains a specific amortization policy, depreciating completed game titles over 12 to 18 months and proprietary game engines over 36 months.
The company faces significant currency risk because the majority of its revenue is generated in USD, while its functional currency is the Polish złoty.
Following the 2015 fiscal year, the company executed a strategy of platform diversification with the January 2016 console launch of This War of Mine: The Little Ones.