Updated Mar 17, 2026 by PCF Group
PCF Group achieved significant financial growth in 2020, with revenue rising 23.6% to 103.8 million PLN and net profit increasing over 400% to 24.6 million PLN.
Adjusted EBITDA grew by 76.7% to 32.6 million PLN, supported by development work for major partners including Square Enix and Take-Two Interactive.
The company is executing a multi-project strategy that includes the action-RPG 'Project Dagger,' which has a projected budget of 40-60 million EUR and allows PCF to retain IP ownership.
To scale production capabilities, the workforce grew by 28.3% to 281 employees, complemented by the 2021 acquisitions of Phosphor Games and Game On Creative.
Square Enix holds investment warrants in PCF Group that could represent up to 18.1% of the company, contingent upon the achievement of specific revenue milestones.
As of the end of 2020, the group maintained a strong liquidity position with 36.7 million PLN in net cash, excluding proceeds from a subsequent January 2021 share issuance.
PCF Group achieved significant financial growth in 2020, with revenue rising 23.6% to 103.8 million PLN and net profit increasing over 400% to 24.6 million PLN.
Adjusted EBITDA grew by 76.7% to 32.6 million PLN, supported by development work for major partners including Square Enix and Take-Two Interactive.
The company is executing a multi-project strategy that includes the action-RPG 'Project Dagger,' which has a projected budget of 40-60 million EUR and allows PCF to retain IP ownership.
To scale production capabilities, the workforce grew by 28.3% to 281 employees, complemented by the 2021 acquisitions of Phosphor Games and Game On Creative.
Square Enix holds investment warrants in PCF Group that could represent up to 18.1% of the company, contingent upon the achievement of specific revenue milestones.
As of the end of 2020, the group maintained a strong liquidity position with 36.7 million PLN in net cash, excluding proceeds from a subsequent January 2021 share issuance.