11 bit studios S.A. (FRA:11C)

11 bit studios Income Statement

Financials in millions PLN. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	135.2	140.55	52.27	74.21	70.12	87.1
Other Revenue	-0	-0	-	-	-	-
Revenue	135.2	140.55	52.27	74.21	70.12	87.1
Revenue Growth (YoY)	8.46%	168.87%	-29.56%	5.82%	-19.49%	22.30%
Cost of Revenue	8.02	11.78	9.87	13.85	29.31	33.07
Gross Profit	127.18	128.76	42.4	60.35	40.81	54.03
Selling, General & Admin	40.38	38.98	27.18	28.61	-	-
Other Operating Expenses	6.23	6.04	3.47	5.89	1.87	2.76
Operating Expenses	85.55	64.84	34.82	40.39	10.79	13.03
Operating Income	41.63	63.92	7.58	19.96	30.03	41
Interest Expense	-0.31	-0.32	-0.78	0.15	0.72	-0.66
Interest & Investment Income	0.92	0.88	2.79	2.64	0.19	0.53
Earnings From Equity Investments	1	2.72	-0.17	-0.29	-	-
Currency Exchange Gain (Loss)	-2.24	3.25	-3.27	3.36	0.92	-0.01
Other Non Operating Income (Expenses)	-0	-0.01	0.07	0.01	0	0.01
EBT Excluding Unusual Items	40.99	70.44	6.22	25.83	31.86	40.88
Merger & Restructuring Charges	-48.42	-48.42	-	-	-	-
Gain (Loss) on Sale of Investments	0.24	-0.91	-6.5	1.39	-0.03	0.01
Gain (Loss) on Sale of Assets	-	-	-0.02	0.01	-	-0.24
Asset Writedown	-18.55	-18.34	-	-	-	-
Pretax Income	-25.74	2.77	-0.29	27.23	31.83	40.65
Income Tax Expense	-7.05	-4.12	-0.82	4.34	3.15	3.29
Net Income	-18.69	6.89	0.53	22.89	28.69	37.36
Net Income to Common	-18.69	6.89	0.53	22.89	28.69	37.36
Net Income Growth	-	1210.70%	-97.70%	-20.20%	-23.23%	57.47%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	0.55%	0.34%	0.26%	0.14%	0.42%	-1.15%
EPS (Basic)	-7.73	2.85	0.22	9.66	12.17	16.13
EPS (Diluted)	-7.73	2.85	0.22	9.53	11.96	15.64
EPS Growth	-	1199.40%	-97.70%	-20.32%	-23.53%	59.27%
Free Cash Flow	28.71	10.12	-36.91	-12.75	12.06	7.91
Free Cash Flow Per Share	11.88	4.19	-15.32	-5.31	5.03	3.31
Gross Margin	94.07%	91.62%	81.12%	81.33%	58.20%	62.03%
Operating Margin	30.79%	45.48%	14.50%	26.90%	42.82%	47.08%
Profit Margin	-13.82%	4.90%	1.01%	30.85%	40.91%	42.90%
Free Cash Flow Margin	21.23%	7.20%	-70.62%	-17.18%	17.20%	9.08%
EBITDA	38.84	65.16	9.03	21.04	30.89	51.27
EBITDA Margin	28.73%	46.36%	17.27%	28.35%	44.05%	58.86%
D&A For EBITDA	-2.79	1.24	1.45	1.08	0.86	10.27
EBIT	41.63	63.92	7.58	19.96	30.03	41
EBIT Margin	30.79%	45.48%	14.50%	26.90%	42.82%	47.08%
Effective Tax Rate	-	-	-	15.93%	9.89%	8.09%
Revenue as Reported	136.38	140.55	52.38	74.26	70.38	87.43

Source: S&P Global Market Intelligence. Standard template. Financial Sources.