Poland · Delayed Price · Currency is PLN Ten Square Games Earnings Call Transcripts
Fiscal Year 2025
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2025 was a pivotal year, highlighted by the rapid success of Trophy Hunter and record performance in Wings of Heroes. Despite lower bookings in legacy titles, strong cash generation enabled a record dividend, while ambitious growth targets and new product launches set the stage for 2026.
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Q3 saw strong bookings growth and net profit, driven by new game launches and increased marketing spend. Flagship titles improved retention and monetization, while new prototypes and external expertise support ongoing transformation.
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Q2 2025 saw stable financials with PLN 27M adjusted EBITDA and PLN 20M net profit, driven by disciplined cost control and strategic reduction in marketing spend. New titles like Wings of Heroes and Trophy Hunter showed strong early performance, supporting future growth expectations.
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Q1 2025 saw strong adjusted EBITDA of PLN 30.5 million and robust cash reserves, despite a downtrend in bookings due to reduced marketing and mixed product performance. Major dividend payout and ongoing product innovation position the company for future growth.
Fiscal Year 2024
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2024 featured stable EBITDA, strong cash flow, and a record buyback, despite declining bookings and market uncertainty. Focus shifts to monetization in 2025, with new hires and product improvements expected to drive growth.