Updated Mar 23, 2026 by PCF Group
PCF Group S.A. reported a net loss of PLN 95.7 million for Q3 2025, driven by significant one-off costs and the amortisation of goodwill and IP assets related to the 'Lost Rift' title.
Adjusted EBITDA declined to PLN –1.7 million, primarily due to write-downs of development assets and increased licensing expenses.
Quarterly revenue reached PLN 190.4 million, showing a slight increase from the previous year's PLN 180.3 million, despite lower sales performance from the AAA title 'Lost Rift'.
The company's total assets decreased from PLN 1,144 million to PLN 1,050 million, accompanied by a reduction in equity and an increase in short-term liabilities.
Management is shifting focus toward self-financing projects and cost streamlining to reduce dependency on external funding.
Strategic growth initiatives include new AAA collaborations with Krafton and the expansion of the VR portfolio with titles such as 'Green Hell', 'Pirates VR', and Meta Quest publishing agreements.
PCF Group S.A. reported a net loss of PLN 95.7 million for Q3 2025, driven by significant one-off costs and the amortisation of goodwill and IP assets related to the 'Lost Rift' title.
Adjusted EBITDA declined to PLN –1.7 million, primarily due to write-downs of development assets and increased licensing expenses.
Quarterly revenue reached PLN 190.4 million, showing a slight increase from the previous year's PLN 180.3 million, despite lower sales performance from the AAA title 'Lost Rift'.
The company's total assets decreased from PLN 1,144 million to PLN 1,050 million, accompanied by a reduction in equity and an increase in short-term liabilities.
Management is shifting focus toward self-financing projects and cost streamlining to reduce dependency on external funding.
Strategic growth initiatives include new AAA collaborations with Krafton and the expansion of the VR portfolio with titles such as 'Green Hell', 'Pirates VR', and Meta Quest publishing agreements.