PCF Group S.A. has officially resumed development of Project Victoria with an anticipated early-access launch scheduled for 2025.
See it on page 1The project will transition to a self-publishing model funded exclusively by the Group’s own internal resources.
See it on page 1Development strategy has been narrowed in scope and will be managed by a specialized team of over ten professionals, primarily based in Canada.
See it on page 1The revised development plan utilizes an early-access model to accelerate market entry and integrate community feedback into subsequent updates.
See it on page 1The Board will conduct impairment tests on capitalized expenditures as of 31 December 2024, in accordance with IAS 36, to assess potential losses in project value.
See it on page 2The decision to restart the project follows a formal recommendation submitted to the Board on 18 March 2025.
See it on page 1The decision to restart development of Project Victoria reflects a strategic shift by PCF Group S.A., based on a comprehensive review of a revised development plan submitted by the former core team. The new plan narrows the game’s scope, accelerates its launch through an early‑access model, and ties subsequent updates to community feedback. Funding will come exclusively from the Group’s own resources, positioning the title for self‑publishing with an anticipated early‑access release in 2025.
Implementation will be overseen by an experienced development unit of more than ten specialists, primarily located in Canada. The revised schedule replaces the previously suspended timeline and introduces a faster market entry, aiming to capture early adopters while mitigating further capital outlays. The Board’s endorsement follows internal analyses of the development, sales, and marketing projections, which were compiled into a recommendation dated 18 March 2025.
Concurrently, the Board reaffirms concerns raised in the December 2024 suspension report regarding potential impairment of capitalised expenditures on the project. In line with IAS 36, impairment tests will be performed using financial data as of 31 December 2024, and the results will be disclosed in accordance with statutory requirements. These tests will determine whether the capitalised costs have suffered a loss of value, informing future accounting treatment and stakeholder communication.