11 bit studios S.A. (WSE:11B)

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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	142.72	140.55	52.27	74.21	70.12	87.1
Other Revenue	1.16	-0	-	-	-	-
Revenue	143.89	140.55	52.27	74.21	70.12	87.1
Revenue Growth (YoY)	172.32%	168.87%	-29.56%	5.82%	-19.49%	22.30%
Cost of Revenue	10.37	11.78	9.87	13.85	29.31	33.07
Gross Profit	133.51	128.76	42.4	60.35	40.81	54.03
Selling, General & Admin	40.97	38.98	27.18	28.61	-	-
Other Operating Expenses	6.47	6.04	3.47	5.89	1.87	2.76
Operating Expenses	70.93	64.84	34.82	40.39	10.79	13.03
Operating Income	62.58	63.92	7.58	19.96	30.03	41
Interest Expense	-4.13	-0.32	-0.78	0.15	0.72	-0.66
Interest & Investment Income	0.88	0.88	2.79	2.64	0.19	0.53
Earnings From Equity Investments	3.31	2.72	-0.17	-0.29	-	-
Currency Exchange Gain (Loss)	3.25	3.25	-3.27	3.36	0.92	-0.01
Other Non Operating Income (Expenses)	-0.33	-0.01	0.07	0.01	0	0.01
EBT Excluding Unusual Items	65.56	70.44	6.22	25.83	31.86	40.88
Merger & Restructuring Charges	-48.42	-48.42	-	-	-	-
Gain (Loss) on Sale of Investments	-0.91	-0.91	-6.5	1.39	-0.03	0.01
Gain (Loss) on Sale of Assets	-	-	-0.02	0.01	-	-0.24
Asset Writedown	-18.34	-18.34	-	-	-	-
Pretax Income	-2.11	2.77	-0.29	27.23	31.83	40.65
Income Tax Expense	-4.23	-4.12	-0.82	4.34	3.15	3.29
Net Income	2.12	6.89	0.53	22.89	28.69	37.36
Net Income to Common	2.12	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)	0.12%	0.34%	0.26%	0.14%	0.42%	-1.15%
EPS (Basic)	0.88	2.85	0.22	9.66	12.17	16.13
EPS (Diluted)	0.88	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	15.24	10.12	-36.91	-12.75	12.06	7.91
Free Cash Flow Per Share	6.32	4.19	-15.32	-5.31	5.03	3.31
Gross Margin	92.79%	91.62%	81.12%	81.33%	58.20%	62.03%
Operating Margin	43.50%	45.48%	14.50%	26.90%	42.82%	47.08%
Profit Margin	1.47%	4.90%	1.01%	30.85%	40.91%	42.90%
Free Cash Flow Margin	10.59%	7.20%	-70.62%	-17.18%	17.20%	9.08%
EBITDA	67.49	65.16	9.03	21.04	30.89	51.27
EBITDA Margin	46.91%	46.36%	17.27%	28.35%	44.05%	58.86%
D&A For EBITDA	4.9	1.24	1.45	1.08	0.86	10.27
EBIT	62.58	63.92	7.58	19.96	30.03	41
EBIT Margin	43.50%	45.48%	14.50%	26.90%	42.82%	47.08%
Effective Tax Rate	-	-	-	15.93%	9.89%	8.09%
Revenue as Reported	143.89	140.55	52.38	74.26	70.38	87.43

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.