11 bit studios S.A. (WSE:11B)
Poland flag Poland · Delayed Price · Currency is PLN
121.60
-5.80 (-4.55%)
Sep 18, 2026, 5:00 PM CET

11 bit studios Financials Overview

Millions PLN. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
127.7141.03140.5552.2774.2170.12
Revenue Growth
-24.07%0.35%168.87%-29.56%5.82%-19.49%
Gross Profit
109.69123.38128.7642.460.3540.81
Operating Income
0.7122.3963.927.5819.9630.03
Net Income
-2.546.946.90.5322.8928.69
Earnings Per Share
-1.052.872.850.229.5311.96
EPS Growth
-0.70%1199.40%-97.70%-20.32%-23.53%

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Poland
1.661.812.812.661.821.46
USA
103.83113.72115.4237.9557.4353.26
United Kingdom
16.2517.8313.783.9833.34
Japan
3.333.192.425.288.749.64
Hong Kong
2.633.012.981.03--
European Union
0.770.771.380.931.871.56
China
0.20.470.350.320.370.2
Other
0.090.150.130.110.970.66
Singapore
-0.091.27---
Total
128.86141.03140.5552.2774.2170.12

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
54.171.7170.4354.4586.1107.27
Total Debt
3.914.545.87.178.439.59
Net Cash (Debt)
50.1967.1764.6347.2877.6797.68
Net Cash Growth
7.28%3.92%36.70%-39.13%-20.48%17.88%
Net Cash Per Share
20.7627.7926.7419.6332.3340.71

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
84.0762.5376.8921.932.9340.94
Capital Expenditures
-39.86-37.99-58.13-58.81-45.68-28.88
Free Cash Flow
44.2124.5318.75-36.91-12.7512.06
Free Cash Flow Growth
412.30%30.81%---52.51%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
85.89%87.48%91.62%81.12%81.33%58.20%
Operating Margin
0.56%15.87%45.48%14.50%26.90%42.82%
Pretax Margin
-0.01%8.15%1.98%-0.56%36.69%45.40%
Profit Margin
-1.98%4.92%4.91%1.01%30.85%40.91%
FCF Margin
34.62%17.39%13.34%-70.62%-17.18%17.20%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
-50.1459.632487.9861.3545.71
Forward PE
20.289.315.428.5513.42150.44
P/FCF Ratio
6.6514.1921.94--108.69
PS Ratio
2.302.472.9325.0218.9218.70