VARSAV Game Studios Statistics

Total Valuation

WSE:VAR has a market cap or net worth of PLN 9.46 million. The enterprise value is 8.87 million.

Market Cap	9.46M
Enterprise Value	8.87M

Important Dates

The next estimated earnings date is Thursday, August 14, 2025.

Earnings Date	Aug 14, 2025
Ex-Dividend Date	n/a

Share Statistics

WSE:VAR has 22.69 million shares outstanding.

Current Share Class	20.60M
Shares Outstanding	22.69M
Shares Change (YoY)	n/a
Shares Change (QoQ)	n/a
Owned by Insiders (%)	38.73%
Owned by Institutions (%)	n/a
Float	1.90M

Valuation Ratios

The trailing PE ratio is 29.92.

PE Ratio	29.92
Forward PE	n/a
PS Ratio	7.95
PB Ratio	0.85
P/TBV Ratio	0.85
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	28.06
EV / Sales	7.45
EV / EBITDA	58.11
EV / EBIT	58.31
EV / FCF	n/a

Financial Position

The company has a current ratio of 2.39, with a Debt / Equity ratio of 0.00.

Current Ratio	2.39
Quick Ratio	0.28
Debt / Equity	0.00
Debt / EBITDA	0.16
Debt / FCF	n/a
Interest Coverage	0.64

Financial Efficiency

Return on equity (ROE) is 2.43% and return on invested capital (ROIC) is 0.70%.

Return on Equity (ROE)	2.43%
Return on Assets (ROA)	0.53%
Return on Invested Capital (ROIC)	0.70%
Return on Capital Employed (ROCE)	1.23%
Revenue Per Employee	37,213
Profits Per Employee	9,882
Employee Count	33
Asset Turnover	0.07
Inventory Turnover	n/a

Taxes

In the past 12 months, WSE:VAR has paid 85,940 in taxes.

Income Tax	85,940
Effective Tax Rate	21.37%

Stock Price Statistics

The stock price has decreased by -27.78% in the last 52 weeks. The beta is 0.28, so WSE:VAR's price volatility has been lower than the market average.

Beta (5Y)	0.28
52-Week Price Change	-27.78%
50-Day Moving Average	0.43
200-Day Moving Average	0.46
Relative Strength Index (RSI)	49.10
Average Volume (20 Days)	15,163

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, WSE:VAR had revenue of PLN 1.19 million and earned 316,233 in profits. Earnings per share was 0.01.

Revenue	1.19M
Gross Profit	3.62M
Operating Income	152,184
Pretax Income	402,173
Net Income	316,233
EBITDA	152,704
EBIT	152,184
Earnings Per Share (EPS)	0.01

Full Income Statement

Balance Sheet

The company has 612,862 in cash and 24,632 in debt, giving a net cash position of 588,230 or 0.03 per share.

Cash & Cash Equivalents	612,862
Total Debt	24,632
Net Cash	588,230
Net Cash Per Share	0.03
Equity (Book Value)	11.17M
Book Value Per Share	0.49
Working Capital	5.55M

Full Balance Sheet

Cash Flow

Operating Cash Flow	-2.00M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Full Cash Flow Statement

Margins

Gross margin is 303.72%, with operating and profit margins of 12.78% and 26.56%.

Gross Margin	303.72%
Operating Margin	12.78%
Pretax Margin	33.77%
Profit Margin	26.56%
EBITDA Margin	12.82%
EBIT Margin	12.78%
FCF Margin	n/a

Dividends & Yields

WSE:VAR does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	n/a
Shareholder Yield	n/a
Earnings Yield	3.34%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

WSE:VAR has an Altman Z-Score of 0.89 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.89
Piotroski F-Score	4