Management Board Report on the Activities of PCF Group: 2021

Key insights

7 takeaways · ~3 min read

01
PCF Group's total sales revenue in 2021 reached PLN 180.3 million, marking a 74% increase compared to 2020.See it on page 15
02
The 'production of games on commission' segment generated 99% of the Group's total sales revenue in 2021, amounting to PLN 178.4 million.See it on page 9
03
The game 'Outriders' premiered on April 1, 2021, and was a key product in the 'production of games on commission' segment.See it on page 9
04
PCF Group expanded its operations in 2021 by establishing People Can Fly Chicago, LLC on April 6, acquiring an eighteen-person development team from Phosphor Games, LLC on April 23, and acquiring 100% of Game On Creative Inc. for PLN 29.37 million on April 27.See it on page 59
05
PCF Group S.A. provided a USD 5 million loan to its subsidiary People Can Fly U.S., LLC on March 31, 2021, for strategic activities including the establishment of People Can Fly U.S., LLC and the acquisition of the Chicago development team.See it on page 59
06
The Group reported a net profit of PLN 41.75 million in 2021, a 43% increase from PLN 29.10 million in 2020.See it on page 45
07
Despite starting self-publishing activities, PCF Group had not released any self-published games by the end of 2021.See it on page 18

Summary

AL. SOLIDARNOCI 171 TEL +48 22 887 34 30 SPÓLKA 2 0 AKCYJNA 2 1 SPRAWOZDANIE ZARZADU Z DZIALALNOSCI (dane w tys. zł, chyba że zaznaczono inaczej) PEOPLE PCF GAN FLY GROUP Niniejsze Sprawozdanie z działalności Grupy S.A. Kapitałowej PCF Group S.A. i spółki PCF Group S.A. w 2021 r. zostało sporządzone na podstawie § 70 ust. 1 pkt 4, 6, 7 oraz § 71 ust.