Financial Results: 6M 2026

The financial results for the first half of 2026 provide an overview of the operational and fiscal status of PCF Group S.A., a global game development and publishing entity with studios in Warsaw, Montreal, Newcastle, and Katowice. The company maintains a diversified business model centered on work-for-hire (WFH) projects for major industry partners, self-publishing initiatives, and third-party publishing services. As of June 30, 2026, the group employed a significant workforce dedicated to four active WFH projects, including titles for Microsoft, Krafton, and Sony.

Financial performance during the first half of 2026 was heavily impacted by the insolvency of the subsidiary Game On Creative Inc. Due to liquidity issues and unfavorable market conditions, the group recognized a full impairment of its investment in the subsidiary, totaling 25.4 million PLN in the standalone balance sheet and 24.9 million PLN in goodwill in the consolidated balance sheet. Consequently, the group reported a net loss of 20.1 million PLN for the period. Despite these challenges, the company continues to focus on cash flow management, cost optimization, and the strategic development of its publishing pipeline.

A key development in the publishing segment is the strategic rescheduling of the title Trine 6: Together in Time, which has been moved from September 2026 to March 4, 2027. This decision follows positive feedback from private playtests—where 93% of respondents rated the experience highly—and is intended to allow for additional polish, balancing, and stability improvements to maximize the game's commercial potential. Moving forward, the company remains committed to securing new WFH contracts and maintaining a disciplined approach to investment and operational expenditure to ensure long-term stability.