VARSAV Game Studios S.A. (WSE:VAR)
Poland flag Poland · Delayed Price · Currency is PLN
1.030
+0.195 (23.35%)
At close: Aug 19, 2026

VARSAV Game Studios Statistics

Total Valuation

WSE:VAR has a market cap or net worth of PLN 25.80 million. The enterprise value is 25.08 million.

Market Cap25.80M
Enterprise Value 25.08M

Important Dates

The last earnings date was Wednesday, August 12, 2026.

Earnings Date Aug 12, 2026
Ex-Dividend Date n/a

Share Statistics

WSE:VAR has 25.05 million shares outstanding.

Current Share Class 22.95M
Shares Outstanding 25.05M
Shares Change (YoY) n/a
Shares Change (QoQ) n/a
Owned by Insiders (%) 41.76%
Owned by Institutions (%) n/a
Float 11.09M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 12.79
PB Ratio 2.40
P/TBV Ratio 2.40
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 12.43
EV / EBITDA 22.29
EV / EBIT 23.79
EV / FCF n/a

Financial Position

The company has a current ratio of 2.10, with a Debt / Equity ratio of 0.00.

Current Ratio 2.10
Quick Ratio 0.29
Debt / Equity 0.00
Debt / EBITDA 0.02
Debt / FCF -0.01
Interest Coverage 4.23

Financial Efficiency

Return on equity (ROE) is -9.26% and return on invested capital (ROIC) is 10.44%.

Return on Equity (ROE) -9.26%
Return on Assets (ROA) 3.49%
Return on Invested Capital (ROIC) 10.44%
Return on Capital Employed (ROCE) 7.25%
Weighted Average Cost of Capital (WACC) 7.30%
Revenue Per Employee 59,319
Profits Per Employee -26,949
Employee Count34
Asset Turnover 0.11
Inventory Turnover n/a

Taxes

Income Tax -618,390
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +79.19% in the last 52 weeks. The beta is 0.42, so WSE:VAR's price volatility has been lower than the market average.

Beta (5Y) 0.42
52-Week Price Change +79.19%
50-Day Moving Average 0.49
200-Day Moving Average 0.47
Relative Strength Index (RSI) 84.95
Average Volume (20 Days) 90,305

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 2.02 million and -916,281 in losses.

Revenue2.02M
Gross Profit 5.09M
Operating Income 1.05M
Pretax Income -1.53M
Net Income -916,281
EBITDA 1.13M
EBIT 1.05M
Earnings Per Share (EPS) n/a
Full Income Statement

Balance Sheet

The company has 748,721 in cash and 24,632 in debt, with a net cash position of 724,089 or 0.03 per share.

Cash & Cash Equivalents 748,721
Total Debt 24,632
Net Cash 724,089
Net Cash Per Share 0.03
Equity (Book Value) 10.77M
Book Value Per Share n/a
Working Capital 5.89M
Full Balance Sheet

Cash Flow

Operating Cash Flow -3.49M
Capital Expenditures n/a
Depreciation & Amortization 71,118
Net Borrowing -897,830
Free Cash Flow -3.49M
FCF Per Share -0.14
Full Cash Flow Statement

Margins

Gross margin is 252.51%, with operating and profit margins of 52.26% and -45.43%.

Gross Margin 252.51%
Operating Margin 52.26%
Pretax Margin -76.09%
Profit Margin -45.43%
EBITDA Margin 55.79%
EBIT Margin 52.26%
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 -3.55%
FCF Yield -13.51%

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

Altman Z-Score n/a
Piotroski F-Score 3