Updated Mar 23, 2026 by PCF Group
PCF Group S.A. reported a net loss of PLN 75.6 million in 2023, primarily due to a one-off write-down of the 'Dagger' project and rising staff expenses.
Annual revenue reached PLN 180.3 million, with self-publishing projects accounting for the vast majority at PLN 171.5 million.
EBITDA declined to PLN 49.7 million from PLN 70.5 million in 2022, impacted by higher operating costs and lower margins on titles like 'Bulletstorm VR'.
The company increased its workforce from 612 to 756 employees across its international studios in Europe and North America.
Total assets rose to PLN 513.5 million, supported by a PLN 112.7 million increase in development costs and PLN 68.0 million in intangible assets.
The company ended 2023 with PLN 159.4 million in cash and equivalents while planning to tighten cost controls and explore new funding for AAA titles like 'Bison'.
PCF Group S.A. reported a net loss of PLN 75.6 million in 2023, primarily due to a one-off write-down of the 'Dagger' project and rising staff expenses.
Annual revenue reached PLN 180.3 million, with self-publishing projects accounting for the vast majority at PLN 171.5 million.
EBITDA declined to PLN 49.7 million from PLN 70.5 million in 2022, impacted by higher operating costs and lower margins on titles like 'Bulletstorm VR'.
The company increased its workforce from 612 to 756 employees across its international studios in Europe and North America.
Total assets rose to PLN 513.5 million, supported by a PLN 112.7 million increase in development costs and PLN 68.0 million in intangible assets.
The company ended 2023 with PLN 159.4 million in cash and equivalents while planning to tighten cost controls and explore new funding for AAA titles like 'Bison'.