11 bit studios Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-18.69	6.89	0.53	22.89	28.69	37.36
Depreciation & Amortization	-2.74	1.29	1.5	1.14	1.01	10.27
Other Amortization	41.68	18.52	2.67	4.76	7.91	-
Asset Writedown & Restructuring Costs	0.21	-	-	-0.07	-0.03	-0.02
Loss (Gain) From Sale of Investments	-0.12	0.98	6.95	-1.62	-	-
Loss (Gain) on Equity Investments	-1	-2.72	0.17	-	-	-
Stock-Based Compensation	-7.37	-4.05	-1.82	2.96	3.35	-
Other Operating Activities	-8.46	-2.54	-1.58	-0.02	2.94	-2.49
Change in Accounts Receivable	11.22	-10.09	-1.27	7.01	-4.88	6.15
Change in Inventory	0.01	-0.05	-0	-	-	0.01
Change in Accounts Payable	-1.49	6.91	-0.81	-0.4	-1.78	-1.64
Change in Unearned Revenue	1.73	-2.35	12.23	-2.81	3.88	-11.72
Change in Other Net Operating Assets	-4.84	-2.67	3.33	-0.9	-0.14	-0.26
Operating Cash Flow	10.14	10.12	21.9	32.93	40.94	37.66
Operating Cash Flow Growth	-59.88%	-53.78%	-33.50%	-19.57%	8.70%	-9.55%
Capital Expenditures	18.56	-	-58.81	-45.68	-28.88	-29.75
Sale of Property, Plant & Equipment	8.63	8.63	-	-	-	-
Investment in Securities	-0.31	11.22	38.63	17.95	-10.4	-2.6
Other Investing Activities	0.55	1.55	3.98	-1.12	1.88	-2.07
Investing Cash Flow	27.44	21.4	-16.21	-28.84	-37.4	-34.42
Long-Term Debt Repaid	-	-1.37	-1.26	-1.16	-1.26	-1.26
Net Debt Issued (Repaid)	-1.26	-1.37	-1.26	-1.16	-1.26	-1.26
Issuance of Common Stock	-	-	3.83	1.37	0.66	7.54
Other Financing Activities	-0.31	-0.42	-0.24	-0.46	-0.32	-0.27
Financing Cash Flow	-1.57	-1.79	2.33	-0.25	-0.93	6.01
Foreign Exchange Rate Adjustments	-0.71	-1.83	-1.05	-	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	0
Net Cash Flow	35.3	27.9	6.97	3.84	2.61	9.25
Free Cash Flow	28.71	10.12	-36.91	-12.75	12.06	7.91
Free Cash Flow Growth	-	-	-	-	52.51%	-70.93%
Free Cash Flow Margin	21.23%	7.20%	-70.62%	-17.18%	17.20%	9.08%
Free Cash Flow Per Share	11.88	4.19	-15.32	-5.31	5.03	3.31
Cash Interest Paid	0.31	0.42	0.24	0.46	0.32	0.27
Cash Income Tax Paid	0.39	0.75	-0.75	1.16	-1.03	6.45
Levered Free Cash Flow	83.14	48.92	-34.64	-21.27	5.01	-6
Unlevered Free Cash Flow	83.34	49.11	-34.15	-21.36	4.55	-5.59
Change in Working Capital	6.63	-8.26	13.48	2.9	-2.93	-7.46

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.