Updated Mar 17, 2026 by Grant Thornton
The independent auditor identified a material uncertainty regarding PCF Group S.A.'s ability to continue as a going concern due to the urgent need for additional financing.
The company’s ability to sustain its current self-publishing strategy and internal game development is directly contingent upon securing unconfirmed future capital.
As of June 30, 2024, the company holds 239.5 million PLN in intangible assets tied to ongoing game development projects.
The valuation and capitalization of the 239.5 million PLN in intangible assets are at risk if the company fails to secure the necessary funding to complete these projects.
Management’s five-year cash flow projections rely on the successful acquisition of new contracts and external financing, both of which remain unguaranteed.
The H1 2024 financial review was conducted under IAS 34 standards, which provide a lower level of assurance than a full statutory audit.
The independent auditor identified a material uncertainty regarding PCF Group S.A.'s ability to continue as a going concern due to the urgent need for additional financing.
The company’s ability to sustain its current self-publishing strategy and internal game development is directly contingent upon securing unconfirmed future capital.
As of June 30, 2024, the company holds 239.5 million PLN in intangible assets tied to ongoing game development projects.
The valuation and capitalization of the 239.5 million PLN in intangible assets are at risk if the company fails to secure the necessary funding to complete these projects.
Management’s five-year cash flow projections rely on the successful acquisition of new contracts and external financing, both of which remain unguaranteed.
The H1 2024 financial review was conducted under IAS 34 standards, which provide a lower level of assurance than a full statutory audit.