- 01
Grant Thornton Polska identified a material uncertainty regarding PCF Group S.A.'s ability to continue as a going concern due to the capital-intensive shift toward self-publishing and original IP development.
- 02
As of June 30, 2024, PCF Group S.A. holds 165.28 million PLN in intangible assets, consisting primarily of development work in progress for internal game projects.
- 03
The valuation of the Group's 165.28 million PLN in development assets relies on five-year cash flow forecasts that remain subject to the successful acquisition of external funding.
- 04
Management is actively seeking new financing to support the company's strategic transition, though the auditor notes that the success of these efforts is currently not guaranteed.
- 05
The auditor concluded that the consolidated financial statements for the first half of 2024, covering January 1 to June 30, are prepared fairly in all material respects under International Accounting Standard 34.