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VARSAV Game Studios S.A. (WSE:VAR)
Poland flag Poland · Delayed Price · Currency is PLN
0.4380
0.00 (0.00%)
At close: Jul 28, 2026

VARSAV Game Studios Financials Overview

Millions PLN. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4.984.33.893.594.335
Revenue Growth
34.52%10.60%8.21%-17.02%-13.53%35.30%
Gross Profit
4.984.33.893.594.335
Operating Income
1.330.990.55-4.471.23-0.54
Net Income
0.190.581.1-5.38-2.5-1.86
Earnings Per Share
0.010.020.05-0.27-0.12-0.09
EPS Growth
-65.37%-52.49%----

Revenue by Geography
Chart
Fiscal YearFY 2025FY 2024
Period EndingDec '25 Dec '24
Export
00.67
Poland
1.670.82
Total
1.671.49

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
0.790.931.481.31.365.8
Total Debt
2.472.460.021.271.220.23
Net Cash (Debt)
-1.69-1.521.460.030.145.57
Net Cash Growth
--4102.73%-75.11%-97.50%-29.97%
Net Cash Per Share
-0.07-0.060.060.000.010.28

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-1.02-1.77-0.34-2.34-2.37-3.46
Capital Expenditures
000000
Free Cash Flow
-1.02-1.77-0.34-2.34-2.37-3.46
Free Cash Flow Growth
------

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
100.00%100.00%100.00%100.00%100.00%100.00%
Operating Margin
26.69%23.05%14.10%-124.45%28.43%-10.76%
Pretax Margin
12.91%13.39%30.20%-131.87%-63.88%-26.01%
Profit Margin
12.91%13.39%28.23%-149.80%-57.80%-37.19%
FCF Margin
-20.45%-41.19%-8.65%-65.11%-54.76%-69.11%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
9.1516.468.65---
PS Ratio
5.692.202.443.562.654.49