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Semi-Annual Report of 11 bit studios S.A.

11 bit studios S.A. generated over PLN 30.7 million in revenue during the first half of 2019.
The company reported an operating profit of approximately PLN 8.7 million for the first half of 2019.
Net profit for the six-month period ending in 2019 exceeded PLN 6.4 million.

Market Analysis Investment Europe+2

11 bit studios

Interim Financial Report: Nine Months Ended September 30th 2019

This interim financial report covers the nine-month period ending September 30, 2019.
The financial statements were prepared using a historical cost basis.
These statements are condensed and do not contain the full disclosures required for a complete annual report.

Investment Europe PC+2

11 bit studios

11 bit studios — Quarterly Report Q1 2020: Letter from the CEO

11 bit studios achieved record Q1 2020 financial results, with revenue reaching PLN 30.52 million (up 114.3% YoY) and net profit rising 226.9% to PLN 14.51 million.
The launch of the 'The Last Autumn' DLC for Frostpunk on 21 January 2020 served as the primary growth driver, boosting both DLC and base game sales.
Frostpunk and its associated DLCs generated over PLN 100 million in revenue between April 2018 and March 2020, officially surpassing the cumulative lifetime sales of This War of Mine.

Market Analysis Investment Survival Sim+4

11 bit studios

Half-Year Report of 11 Bit Studios S.A.: First Half of 2020

11 bit studios S.A. achieved a net profit of over PLN 25.0 million in the first half of 2020, representing a 237% increase compared to the same period in 2019.
Total revenue for the first six months of 2020 reached nearly PLN 50.2 million.
The company experienced a 63.2% year-on-year growth in revenue during the first half of 2020.

Investment PC Console+1

11 bit studios

Quarterly Report for Nine Months Ended September 30th 2020

11 bit studios S.A. reported financial results for the nine-month period ending September 30, 2020, that exceeded the company's internal budget projections.
The company attributes its positive financial performance to the consistent execution of its established long-term growth strategy.

Market Analysis Investment Europe+2

11 bit studios

Half-Year Report of 11 Bit Studios S.A.: First Half of 2021

11 bit studios S.A. generated PLN 35.78 million in revenue during the first half of 2021.
The company's financial performance in the first six months of 2021 exceeded the internal budget projections established for that period.
The Management Board of 11 bit studios S.A. expressed satisfaction with the company's financial results for the first half of 2021.

Investment Market Analysis Europe+2

11 bit studios

Quarterly Report for 11 bit studios S.A.: Nine Months Ended September 30th 2021

11 bit studios S.A. outperformed its internal budget projections for both revenue and net profit during the nine-month period ending September 30, 2021.
The company's financial performance for the first three quarters of 2021 is attributed to the consistent execution of its long-term growth strategy.

Investment Market Analysis Europe+2

11 bit studios

Half-Year Report: 11 bit studios (H1 2022)

11 bit studios reported that financial performance for the six months ending June 30, 2022, significantly exceeded the company's internal budget projections.
The company achieved stronger financial results in H1 2022 compared to the same period in the previous year.
The positive financial outcomes were realized despite the company facing unfavorable macroeconomic headwinds during the first half of 2022.

Investment Market Analysis Europe+2

11 bit studios

Quarterly Report of 11 bit studios: Three Months Ended 31 March 2024

11 bit studios S.A. released its quarterly report covering the financial performance for the period ending 31 March 2024.
The report serves as the official disclosure of the company's financial results and operational status for the first quarter of 2024.
All financial figures presented within the report are denominated in Polish Złoty (PLN).

Market Analysis Game Publishing Investment+2

11 bit studios

Quarterly Report: 11 bit studios Q1-Q3 2024

11 bit studios S.A. released its financial performance results covering the nine-month period ending September 30, 2024.

Investment Game Publishing Market Analysis+4

11 bit studios

Quarterly Report: 11 bit studios Q1 2025

11 bit studios S.A. released its quarterly report covering the financial and operational performance for the period ending 31 March 2025.

Investment Market Analysis Game Development+3

11 bit studios

Half-Year Report of 11 bit studios S.A.: H1 2025

11 bit studios S.A. generated PLN 57.24 million in revenue during the first half of 2025.
The company achieved a year-on-year revenue growth rate of 86.09% for the six-month period ending June 30, 2025.

Market Analysis Game Publishing Investment+3

11 bit studios

Establishment of the Release Date for the Game Frostpunk 2

Frostpunk 2 will launch globally on July 25, 2024, for PC via Steam, GOG, Epic Games Store, and Microsoft PC Game Pass.
The standard edition is priced at $44.99/€44.99, while the Deluxe Edition is priced at $74.99/€74.99.
Pre-sales for the game began on March 6, 2024, across Steam and the Microsoft Store.

Game Publishing PC Console+2

11 bit studios

Zmiana daty premiery gry INDIKA: 2 maja 2024

The adventure game INDIKA, developed by Odd Meter and published by 11 bit studios, is scheduled for a PC release on 2 May 2024 via Steam and GOG.
Console versions for PlayStation 5 and Xbox Series X/S are confirmed for a May 2024 launch, though specific dates for these platforms have not yet been announced.
The game features an alternate 19th-century Russian setting and is being positioned as a narrative-driven title within the adventure genre.

Game Publishing PC Console+2

11 bit studios

Ustalenie daty premiery gry „INDIKA”

The adventure game 'INDIKA' is scheduled for a worldwide release on May 8, 2024.
The title will launch on PC via Steam, GOG, and the Epic Games Store, as well as on PlayStation 5 and Xbox Series X/S consoles.
The game is developed by the Kazakh studio Odd Meter and published by 11 bit studios S.A.

Game Publishing PC Console+3

11 bit studios

Ustalenie daty premiery gry „Creatures of Ava”

Creatures of Ava will launch globally on 7 August 2024 for PC and Xbox Series X/S platforms.
The game will be available at launch on PC Game Pass and Xbox Game Pass, alongside digital storefronts including Steam, Epic Games Store, GOG, and the Xbox Store.
11 bit studios S.A. is coordinating the release of the title.

Game Publishing PC Console+3

11 bit studios

Zmiana daty premiery gry „Frostpunk 2”: 20 września 2024

11 Bit Studios has scheduled the global PC release of Frostpunk 2 for September 20, 2024.
The base game is priced at 44.99 USD/EUR (159.99 PLN), while the Deluxe Edition is set at 74.99 USD/EUR (259.99 PLN).
The title will be available at launch on Steam, GOG, Epic Games Store, and Microsoft’s PC Game Pass.

Game Development Game Publishing PC+2

11 bit studios

Release Dates for Periodic Reports: 2025

11 bit studios S.A. will release its 2024 full-year financial report on April 10, 2025.
The 2025 quarterly and semiannual reporting schedule is set for May 15 (Q1), August 28 (H1), and November 20 (Q3).
In accordance with regulatory requirements, the company will not issue separate reports for Q4 2024 or Q2 2025.

Investment Europe PC+1

11 bit studios

Publishing Agreement Signed with The Outer Zone

11 bit studios has signed a publishing agreement for the upcoming deck-builder title 'Death Howl,' developed by the Danish studio The Outer Zone.
The game is scheduled for a global release on PC platforms in 2025.
The title features a narrative-driven premise centered on a mother navigating a Stone Age-inspired Norse kingdom.

Game Publishing PC Roguelike Deckbuilder+1

11 bit studios

Current Report No. 4/2025: Change in Depreciation Method for Frostpunk 2

11 bit studios has transitioned the depreciation method for the intangible asset 'Frostpunk 2' from a five-year straight-line model to a seven-year declining balance method.
The accounting change, effective from the game's 20 September 2024 release, resulted in a 2024 amortization expense of PLN 12,521,440.
The new method increased the 2024 depreciation charge by approximately PLN 9.4 million compared to the PLN 3,130,360 that would have been recorded under the previous straight-line approach.

Investment PC Survival Sim+1

11 bit studios

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