VARSAV Game Studios S.A. (WSE:VAR)

VARSAV Game Studios Statistics

Total Valuation

WSE:VAR has a market cap or net worth of PLN 8.51 million. The enterprise value is 7.76 million.

Market Cap	8.51M
Enterprise Value	7.76M

Important Dates

The next estimated earnings date is Friday, February 13, 2026.

Earnings Date	Feb 13, 2026
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

PE Ratio	n/a
Forward PE	n/a
PS Ratio	7.36
PB Ratio	0.92
P/TBV Ratio	0.92
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-20.43
EV / Sales	6.71
EV / EBITDA	18.67
EV / EBIT	20.12
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.43, with a Debt / Equity ratio of 0.00.

Current Ratio	1.43
Quick Ratio	0.17
Debt / Equity	0.00
Debt / EBITDA	0.06
Debt / FCF	n/a
Interest Coverage	5.07

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	n/a
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	3.26%
Revenue Per Employee	35,011
Profits Per Employee	-11,504
Employee Count	33
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, WSE:VAR has paid 500,421 in taxes.

Income Tax	500,421
Effective Tax Rate	414.29%

Stock Price Statistics

The stock price has decreased by -16.48% in the last 52 weeks. The beta is 0.19, so WSE:VAR's price volatility has been lower than the market average.

Beta (5Y)	0.19
52-Week Price Change	-16.48%
50-Day Moving Average	0.47
200-Day Moving Average	0.45
Relative Strength Index (RSI)	34.14
Average Volume (20 Days)	33,496

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 1.16 million and -379,632 in losses. Loss per share was -0.02.

Revenue	1.16M
Gross Profit	3.81M
Operating Income	385,550
Pretax Income	120,789
Net Income	-379,632
EBITDA	415,486
EBIT	385,550
Loss Per Share	-0.02

Balance Sheet

The company has 777,194 in cash and 24,632 in debt, giving a net cash position of 752,562 or 0.03 per share.

Cash & Cash Equivalents	777,194
Total Debt	24,632
Net Cash	752,562
Net Cash Per Share	0.03
Equity (Book Value)	9.24M
Book Value Per Share	0.41
Working Capital	3.34M

Cash Flow

Operating Cash Flow	-469,215
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 330.11%, with operating and profit margins of 33.37% and -32.86%.

Gross Margin	330.11%
Operating Margin	33.37%
Pretax Margin	10.45%
Profit Margin	-32.86%
EBITDA Margin	35.96%
EBIT Margin	33.37%
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	-4.46%
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	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

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 0.17 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.17
Piotroski F-Score	1