Updated Mar 17, 2026 by PCF Group
PCF Group achieved significant financial growth in 2020, with net profit increasing over twelvefold to 29.1 million PLN and total assets rising by 80% to 91.2 million PLN.
Sales revenue grew by 75.8% to 83.5 million PLN, heavily reliant on a work-for-hire partnership with Square Enix for titles including Outriders and Project Gemini, which accounted for over 80% of total income.
The company successfully executed an IPO on the Warsaw Stock Exchange and a subsequent Series B share issuance that raised 100.3 million PLN to fund international expansion.
Operational scale increased significantly, with the workforce growing to 236 personnel and the company establishing or strengthening subsidiaries in the UK, Canada, and the US, including a Chicago-based development team acquisition.
Fiscal efficiency was bolstered by the application of a 5% preferential IP Box tax rate and the utilization of government financial support during the COVID-19 pandemic.
The company ended the fiscal year with a liquidity surplus of 29.4 million PLN and established a new dividend policy targeting a 10% to 20% payout of net profit.
PCF Group achieved significant financial growth in 2020, with net profit increasing over twelvefold to 29.1 million PLN and total assets rising by 80% to 91.2 million PLN.
Sales revenue grew by 75.8% to 83.5 million PLN, heavily reliant on a work-for-hire partnership with Square Enix for titles including Outriders and Project Gemini, which accounted for over 80% of total income.
The company successfully executed an IPO on the Warsaw Stock Exchange and a subsequent Series B share issuance that raised 100.3 million PLN to fund international expansion.
Operational scale increased significantly, with the workforce growing to 236 personnel and the company establishing or strengthening subsidiaries in the UK, Canada, and the US, including a Chicago-based development team acquisition.
Fiscal efficiency was bolstered by the application of a 5% preferential IP Box tax rate and the utilization of government financial support during the COVID-19 pandemic.
The company ended the fiscal year with a liquidity surplus of 29.4 million PLN and established a new dividend policy targeting a 10% to 20% payout of net profit.