Key insights
7 takeaways · ~3 min read- 01PCF Group's net profit from continuing operations significantly increased from 2,385 thousand PLN in 2019 to 29,096 thousand PLN in 2020.See it on page 72
- 02The basic and diluted earnings per share (EPS) also saw a substantial rise, from 0.09 PLN in 2019 to 1.06 PLN in 2020.See it on page 76
- 03The company's assets from contracts grew considerably, from 5,787 thousand PLN at the end of 2019 to 21,577 thousand PLN at the end of 2020.See it on page 39
- 04PCF Group received financial support from government anti-COVID-19 shields in Poland, recognizing a 50% remission of the subsidy, amounting to 1,750 thousand PLN, in its 2020 results.See it on page 45
- 05The company amortizes development work for produced games over a 5-year period, with amortization expenses for intangible assets totaling 2,130 thousand PLN in 2020, up from 1,730 thousand PLN in 2019.See it on page 38
- 06PCF Group has an agreement with Square Enix Limited to offer subscription warrants, with tranches issued when the company's revenue from Square Enix Limited contracts reaches 45,000 thousand PLN, occurring between January 1, 2020, and September 30, 2024.See it on page 33
- 07The company did not recognize a deferred tax asset of approximately 1,450 thousand PLN (compared to 580 thousand PLN in 2019) related to activities outside the IP Box tax relief, due to a cautious valuation approach and no anticipated taxable income from these activities.See it on page 46
Summary
ZAKONCZONY 31 GRUDNIA 2020 ROKU JEDNOSTKOWE SPRAWOZDANIE Z SYTUACJI FINANSOWEJ ................................................................. 3 JEDNOSTKOWE SPRAWOZDANIE Z WYNIKU ............................................................................................. 5 JEDNOSTKOWE SPRAWOZDANIE Z WYNIKU I POZOSTAŁYCH CAŁKOWITYCH DOCHODÓW ............. JEDNOSTKOWE ZESTAWIENIE ZMIAN W KAPITALE WŁASNYM ..............................................................
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