Poland · Delayed Price · Currency is PLN VARSAV Game Studios Statistics
Total Valuation
WSE:VAR has a market cap or net worth of PLN 17.28 million. The enterprise value is 16.56 million.
| Market Cap | 17.28M |
| Enterprise Value | 16.56M |
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. The number of shares has increased by 10.40% in one year.
| Current Share Class | 22.95M |
| Shares Outstanding | 25.05M |
| Shares Change (YoY) | +10.40% |
| 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 | 8.57 |
| PB Ratio | 1.61 |
| P/TBV Ratio | 1.61 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 8.21 |
| EV / EBITDA | 14.72 |
| EV / EBIT | 15.71 |
| 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) | 8.44% |
| Revenue Per Employee | 63,026 |
| Profits Per Employee | -28,634 |
| Employee Count | 32 |
| 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 +65.18% in the last 52 weeks. The beta is 0.56, so WSE:VAR's price volatility has been lower than the market average.
| Beta (5Y) | 0.56 |
| 52-Week Price Change | +65.18% |
| 50-Day Moving Average | 0.60 |
| 200-Day Moving Average | 0.49 |
| Relative Strength Index (RSI) | 49.95 |
| Average Volume (20 Days) | 162,780 |
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. Loss per share was -0.04.
| Revenue | 2.02M |
| Gross Profit | 5.09M |
| Operating Income | 1.05M |
| Pretax Income | -1.53M |
| Net Income | -916,281 |
| EBITDA | 1.13M |
| EBIT | 1.05M |
| Loss Per Share | -0.04 |
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 | 0.43 |
| Working Capital | 5.89M |
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 |
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 | -10.40% |
| Shareholder Yield | -10.40% |
| Earnings Yield | -5.30% |
| FCF Yield | -20.16% |
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 0.51 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.51 |
| Piotroski F-Score | 3 |