Skip to main content

Florence

GameBy Mountains

Documents about Florence

Cover of PCF Group 1H 2026 Financial Results Presentation
Financial report21 pages

PCF Group 1H 2026 Financial Results Presentation

The PCF Group 1H 2026 financial results presentation outlines the company’s operational status, portfolio performance, and strategic financial adjustments for the first half of 2026.

  • PCF Group reported a net loss of 20.1 million PLN for 1H 2026, significantly impacted by the bankruptcy of its subsidiary Game On and the subsequent full write-off of its goodwill.
  • The company is currently managing four active work-for-hire (WFH) projects with 279 full-time equivalent developers, including titles for Microsoft and Krafton.
  • The launch of the third-party published title 'Trine 6: Together in Time' has been strategically delayed to March 4, 2027, to allow for additional polish, combat balancing, and the implementation of new puzzle modes.
PCF GroupSep 2026
Cover of PCF Group Separate Annual Financial Statements: 2025
Financial report81 pages

PCF Group Separate Annual Financial Statements: 2025

PCF Group’s 2025 financial performance reflects a period of significant structural transition and fiscal consolidation.

  • PCF Group reported a net loss of 169.99 million PLN in 2025, an improvement from the 228.58 million PLN loss in 2024, despite a sharp decline in total assets from 315.16 million PLN to 153.05 million PLN.
  • The company recorded a 126.3 million PLN impairment charge due to the underperformance of the title Lost Rift, necessitating a significant restructuring of its operations.
  • To stabilize the business, PCF Group reduced its workforce from 297 to 143 employees and canceled internal projects including Bifrost and Gemini, while exiting the virtual reality segment entirely.
PCF GroupApr 2026
Cover of Wyniki Finansowe 3M 2026: PCF Group
Financial report22 pages

Wyniki Finansowe 3M 2026: PCF Group

The financial results for PCF Group for the first quarter of 2026 highlight a strategic shift toward internalizing publishing capabilities and optimizing operational efficiency.

  • PCF Group reported Q1 2026 revenue of 45.6 million PLN, with a net loss of 3.9 million PLN driven by a one-time impairment charge related to the GameOn studio.
  • The company achieved a positive adjusted EBITDA of 1.7 million PLN, supported by ongoing work-for-hire (WFH) projects including Gemini and Florence.
  • PCF Group is transitioning to a self-publishing model by acquiring Cooldown Games to manage internal IP and third-party contracts for recurring revenue.
PCF Group
Cover of Consolidated Quarterly Report for Q1 2026: PCF Group
Financial report46 pages

Consolidated Quarterly Report for Q1 2026: PCF Group

PCF Group faced significant financial headwinds during the first quarter of 2026, characterized by a substantial net loss and declining revenues.

  • PCF Group reported a net loss of 23.29 million PLN for Q1 2026, a significant decline from the 3.86 million PLN loss recorded in Q1 2025.
  • Revenue dropped to 45.57 million PLN from 62.99 million PLN year-over-year, driven in part by a 24.9 million PLN impairment charge related to the total write-down of the Game On subsidiary.
  • To address declining liquidity—with cash and cash equivalents falling to 16.82 million PLN—the company is initiating a capital increase of approximately 13.91 million PLN through a new share issuance.
PCF Group