VARSAV Game Studios S.A. (WSE:VAR)
Poland · Delayed Price · Currency is PLN 0.4500
+0.0120 (2.74%)
At close: Jun 15, 2026
VARSAV Game Studios Income Statement
Financials in millions PLN. Fiscal year is January - December.
Millions PLN. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 1.67 | 1.49 | 1.24 | 1.01 | 0.86 | |
Revenue Growth (YoY) | 12.18% | 19.95% | 22.57% | 17.36% | 87.03% |
Cost of Revenue | -2.56 | -2.39 | -2.29 | -3.29 | -4.11 |
Gross Profit | 4.23 | 3.87 | 3.53 | 4.3 | 4.97 |
Selling, General & Admin | 3.17 | 3.15 | 2.93 | 3.5 | 5.29 |
Other Operating Expenses | 0.13 | 0.08 | 0.09 | -0.4 | 0.15 |
Operating Expenses | 3.35 | 3.23 | 3.03 | 3.12 | 5.51 |
Operating Income | 0.88 | 0.64 | 0.5 | 1.18 | -0.54 |
Interest Expense | -0.09 | -0.26 | -0.08 | -0.07 | -0.06 |
Interest & Investment Income | - | - | - | - | 0.01 |
Other Non Operating Income (Expenses) | -0.01 | -0.31 | -0.31 | -0.01 | -0.05 |
EBT Excluding Unusual Items | 0.78 | 0.07 | 0.11 | 1.1 | -0.64 |
Gain (Loss) on Sale of Investments | -0.36 | 1.16 | 0.12 | -3.92 | -0.66 |
Gain (Loss) on Sale of Assets | 0.11 | - | - | 0.05 | - |
Asset Writedown | - | -0.25 | -4.97 | - | - |
Pretax Income | 0.53 | 0.97 | -4.73 | -2.76 | -1.3 |
Income Tax Expense | 0.01 | 0.49 | 0.64 | -0.26 | 0.56 |
Net Income | 0.52 | 0.48 | -5.38 | -2.5 | -1.86 |
Net Income to Common | 0.52 | 0.48 | -5.38 | -2.5 | -1.86 |
Net Income Growth | 7.59% | - | - | - | - |
Shares Outstanding (Basic) | 23 | 23 | 20 | 20 | 20 |
Shares Outstanding (Diluted) | 23 | 23 | 20 | 20 | 20 |
Shares Change (YoY) | - | 13.17% | - | - | - |
EPS (Basic) | 0.02 | 0.02 | -0.27 | -0.12 | -0.09 |
EPS (Diluted) | 0.02 | 0.02 | -0.27 | -0.12 | -0.09 |
EPS Growth | 7.59% | - | - | - | - |
Free Cash Flow | -1.77 | -0.34 | -2.34 | -2.37 | -3.46 |
Free Cash Flow Per Share | -0.08 | -0.01 | -0.12 | -0.12 | -0.17 |
Gross Margin | 253.58% | 260.29% | 284.48% | 424.65% | 576.09% |
Operating Margin | 52.79% | 43.31% | 40.60% | 116.69% | -62.42% |
Profit Margin | 31.18% | 32.51% | -433.48% | -247.03% | -215.73% |
Free Cash Flow Margin | -106.01% | -22.57% | -188.41% | -234.05% | -400.91% |
EBITDA | 0.93 | 0.65 | 0.5 | 1.19 | -0.46 |
EBITDA Margin | 55.64% | 43.35% | 40.64% | 117.91% | -53.73% |
D&A For EBITDA | 0.05 | 0 | 0 | 0.01 | 0.07 |
EBIT | 0.88 | 0.64 | 0.5 | 1.18 | -0.54 |
EBIT Margin | 52.79% | 43.31% | 40.60% | 116.69% | -62.42% |
Effective Tax Rate | 1.77% | 50.37% | - | - | - |
Revenue as Reported | 4.3 | 3.92 | 3.59 | 4.33 | 5 |