Execution of the updated strategic roadmap is strictly dependent on securing this new financing. The company is evaluating alternative scenarios if this funding does not materialize.
The company now plans to release its self-published project, Bison, in 2025. Early access launches for projects Bifrost and Victoria are planned for 2026.
Page 1 of the reportThe updated financial strategy targets at least 3.3 billion PLN in total revenue between 2024 and 2028. The projected growth trajectory scales from 5% of this total in 2025 to 33% by 2028.
This suspension is contingent upon achieving positive financial results from self-publishing activities. The company has paused the proposed incentive program tied to 1.5 billion PLN in cumulative EBITDA.
To support operations, the company aims to maintain a workforce of approximately 370 full-time equivalents for its work-for-hire segment through 2028.
If necessary funding is not secured, the company may transition the Bifrost or Victoria projects into the work-for-hire model. This is one of the alternative scenarios being evaluated.
The development of the previously proposed incentive program has been paused pending the outcome of an ongoing strategic review.
People Can Fly Group has updated its long-term strategic framework, maintaining core objectives while adjusting project timelines and financial targets for the 2024–2028 period. The company now plans to release its self-published project, Bison, in 2025, followed by early access launches for projects Bifrost and Victoria in 2026. To support these operations, the company aims to maintain a workforce of approximately 370 full-time equivalents for its work-for-hire segment through 2028.
The updated financial strategy targets at least 3.3 billion PLN in total revenue between 2024 and 2028, with a projected growth trajectory that scales from 5% of this total in 2025 to 33% by 2028. Management has suspended dividend recommendations until at least the 2026 fiscal year, contingent upon achieving positive financial results from self-publishing activities. Furthermore, the development of a previously proposed incentive program tied to 1.5 billion PLN in cumulative EBITDA has been paused pending the outcome of an ongoing strategic review.
Execution of these goals is strictly dependent on securing approximately 350 million PLN in new financing during 2025 and 2026. Should this funding not materialize, or if specific work-for-hire project conditions remain unmet, the company is evaluating alternative scenarios, including the potential transition of the Bifrost or Victoria projects into the work-for-hire model. These updates reflect a recalibration of the company’s operational roadmap as it navigates capital requirements and project development milestones.