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

11 bit studios Income Statement

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

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

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