Updated Mar 17, 2026 by 11 bit studios
11 bit studios S.A. reported a 2023 net profit of 525,609 PLN and total assets of 258.3 million PLN, with the entirety of the profit allocated to supplementary capital.
The company approved a new Remuneration Policy that caps Management Board bonuses at five times the fixed salary, contingent on net profit performance.
Management bonuses are structured to pay 6% of net profit during earnings growth and 3% during decline, with no bonuses awarded if the company reports a loss.
Shareholders approved amendments to the Articles of Association to diversify the company's business scope into real estate management, technical publishing, education, and telecommunication equipment maintenance.
While financial statements were passed unanimously at the June 6, 2024, meeting, the new remuneration resolutions faced opposition from approximately 16% to 17% of represented shares.
The company strengthened its capital reserves by transferring 5.71 million PLN from a dissolved reserve fund, previously intended for management loans, into supplementary capital.
Shareholders representing 40.05% of the share capital granted full discharge to the Management and Supervisory Boards for their 2023 performance.
11 bit studios S.A. reported a 2023 net profit of 525,609 PLN and total assets of 258.3 million PLN, with the entirety of the profit allocated to supplementary capital.
The company approved a new Remuneration Policy that caps Management Board bonuses at five times the fixed salary, contingent on net profit performance.
Management bonuses are structured to pay 6% of net profit during earnings growth and 3% during decline, with no bonuses awarded if the company reports a loss.
Shareholders approved amendments to the Articles of Association to diversify the company's business scope into real estate management, technical publishing, education, and telecommunication equipment maintenance.
While financial statements were passed unanimously at the June 6, 2024, meeting, the new remuneration resolutions faced opposition from approximately 16% to 17% of represented shares.
The company strengthened its capital reserves by transferring 5.71 million PLN from a dissolved reserve fund, previously intended for management loans, into supplementary capital.
Shareholders representing 40.05% of the share capital granted full discharge to the Management and Supervisory Boards for their 2023 performance.