Updated Mar 17, 2026 by PlayWay
PlayWay S.A. recorded total asset impairments of 4.46 million PLN in its 2022 consolidated financial statements and 3.12 million PLN in its standalone statements.
The impairments are primarily driven by declining valuations of listed companies and shifting market conditions within the Polish game development sector.
Consolidated write-offs impacted several key entities, specifically Atomic Jelly, Iron Wolf Studio, Live Motion Games, Play2Chill, and CreativeForge Games.
Standalone write-offs were driven by the total impairment of the inactive entity Digital Melody and the sale of Dev4Play shares below book value.
Except for the realized loss from the Dev4Play share disposal in Q1 2023, these adjustments are non-cash, one-time events that reduce the 2022 fiscal year net results.
The adjustments reflect a strategic revaluation of investments previously accounted for using the equity method following the loss of control over these subsidiaries.
PlayWay S.A. recorded total asset impairments of 4.46 million PLN in its 2022 consolidated financial statements and 3.12 million PLN in its standalone statements.
The impairments are primarily driven by declining valuations of listed companies and shifting market conditions within the Polish game development sector.
Consolidated write-offs impacted several key entities, specifically Atomic Jelly, Iron Wolf Studio, Live Motion Games, Play2Chill, and CreativeForge Games.
Standalone write-offs were driven by the total impairment of the inactive entity Digital Melody and the sale of Dev4Play shares below book value.
Except for the realized loss from the Dev4Play share disposal in Q1 2023, these adjustments are non-cash, one-time events that reduce the 2022 fiscal year net results.
The adjustments reflect a strategic revaluation of investments previously accounted for using the equity method following the loss of control over these subsidiaries.