Updated Jun 25, 2026 by PCF Group
People Can Fly is transitioning from a work-for-hire model to self-publishing, with a strategic goal to release three AAA projects by 2027.
The group projects a 4.9x revenue increase between 2023 and 2027, supported by a capital structure that includes a 144.5 million PLN share subscription from Krafton.
Development intensity has surged, with investment in work-in-progress projects reaching 139.7 million PLN as of Q1 2023.
The company's cash position decreased from 137.1 million PLN at the end of 2021 to 60.9 million PLN by the end of Q1 2023, reflecting heavy reinvestment into production.
The workforce grew to 642 employees by March 31, 2023, up from 612 at the end of 2022, with expansion focused on European hubs and North American studios.
The group maintains a stable financial foundation with total assets and liabilities of 351.9 million PLN and equity valued at 271.6 million PLN.
People Can Fly is transitioning from a work-for-hire model to self-publishing, with a strategic goal to release three AAA projects by 2027.
The group projects a 4.9x revenue increase between 2023 and 2027, supported by a capital structure that includes a 144.5 million PLN share subscription from Krafton.
Development intensity has surged, with investment in work-in-progress projects reaching 139.7 million PLN as of Q1 2023.
The company's cash position decreased from 137.1 million PLN at the end of 2021 to 60.9 million PLN by the end of Q1 2023, reflecting heavy reinvestment into production.
The workforce grew to 642 employees by March 31, 2023, up from 612 at the end of 2022, with expansion focused on European hubs and North American studios.
The group maintains a stable financial foundation with total assets and liabilities of 351.9 million PLN and equity valued at 271.6 million PLN.