In the three months ended March 31st 2023, the game developer and publisher 11 bit studios recorded nearly PLN 14.8m in revenue. Its EBITDA for the period came in at PLN 3.0m, while net profit exceeded PLN 2.46m. Albeit slightly weaker year on year, these figures are markedly better than the Company had internally […]
11 bit studios has announced its financial results for 2022, delivering over PLN 74.2 million in revenue, PLN 25.87 million in EBITDA and close to PLN 22.89 million in net profit. “Thanks to the hard work of the entire team, our financial performance in 2022 proved far better than we had assumed in our […]
“Whoever fights monsters should see to it that in the process he does not become a monster. And if you gaze long enough into an abyss, the abyss will gaze back into you” Friedrich Nietzsche After an extended period of time researching all that is mystical and mysterious, the publishing and development teams at 11 […]
Life is about the journey, not the destination. Well, unless you’re stranded on a distant planet and forced to make alternate versions of yourself. And since we’re still on good ol’ Earth, let’s enjoy this tranquil holiday season and spend it with our loved ones. Does this mean we can also play some games from […]
During the Q1-Q3 2022 Company delivered PLN 59.58 million in revenue (up by 21.11% year on year), and earned an operating profit of nearly PLN 16 million (down by 13.15%) and a net profit of PLN 19.77 million (up by 14.76% year on year). In the three months ended September 30th 2022, revenue reached PLN 13.81 million […]
Fool’s Theory, an associate company of 11 bit studios, is responsible for producing the remake of “The Witcher”, the first part of the iconic CD Projekt series. Bielsko-Biała based company, in which 11 bit studios owns 40% shares, specializes in role-playing games (RPG). The remake of “The Witcher”, previously known under the working name of […]
With excellent monetisation of the entire product portfolio, including the games from the publishing portfolio, the Company’s results for the first half of 2022 improved year on year. Nearly PLN 45.8 million in sales revenue, PLN 16.49 million in EBITDA, PLN 13.42 million in operating profit, PLN 15.08 million in net profit and PLN 109.5 […]
Paweł Feldman and Marek Ziemak have joined the Management Board of 11 bit studios, which now operates as a five-member team. The Supervisory Board of 11 bit studios appointed Paweł Feldman and Marek Ziemak to the Management Board of the Company at its meeting held on August 11th 2022. Both managers have long been involved […]
11 bit studios has become the publisher of The Invincible, a game developed by Starward Industries of Kraków, and is set to also join the WSE-listed company as its shareholder. 11 bit studios has signed a partnership agreement with Starward Industries. ‘The partnership we have forged covers two areas. The first is a publishing agreement […]
