11 bit studios S.A.

11B.WA

11B.WA11 bit studios S.A. PL flag

Warsaw Stock Exchange

177.80

PLN

+3.80

(+2.18%)

19.52EPS

9.11P/E

429.78MMarket Cap

Apr 16Next Earn

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ISIN

PL11BTS00015

Return %

Stock

S&P500

-69.76

25.29

-67.20

38.11

-60.36

83.13

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	1.63	2.16	2.57	7.13	10.45	12.18	8.5	35.9	31.14	37.61	29.75	31.31	21.78	51.32
Basic EPS, GAAP	0.69	0.61	0.45	4.14	5.22	5.83	1.52	16.42	10.37	16.13	12.17	9.66	0.22	19.24
Free Cash Flow per Basic Share	0.13	-0.38	-0.03	1.22	6.71	3.04	0.18	5.45	11.9	3.42	5.12	-5.38	-15.38	-14.61
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	0.79	0.71	0.55	4.17	5.22	5.3	1.53	13.77	7.73	14.4	12.18	9.67	0.23	19.68
Tangible Book Value per Share	1.34	3.1	3.36	4.84	10.05	15.43	14.71	31.82	41.48	53.02	56.81	50.77	28.13	31.62
Basic Weighted Avg Shares	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Sales/Revenue/Turnover	3	5	6	16	23	27	19	82	71	87	70	74	52	125
Operating Margin (%)	47.78	37.45	24.42	70.89	59.4	53.86	39.46	57.24	36.46	47.03	42.93	26.91	14.56	50.3
Depreciation Expense	- -	- -	- -	2	2	3	2	4	6	10	9	6	4	6
Net Income, GAAP	1	1	1	9	12	13	3	38	24	37	29	23	1	47
Effective Tax Rate (%)	18.44	20.19	21.48	19.32	21.22	17.81	22.16	21.94	12.27	8.09	9.89	15.93	- -	9.74
Profit Margin (%)	42.32	28.04	17.66	58.14	49.92	47.86	17.84	45.73	33.31	42.9	40.91	30.85	1.01	37.48
Working Capital	2	7	7	12	22	33	30	61	81	105	116	91	42	56
LT Debt	- -	- -	- -	- -	- -	- -	- -	11	11	9	8	7	6	5
Total Equity	3	7	8	17	29	42	46	90	120	165	197	225	227	277
Return on Invested Capital (%)	61.74	29.65	14.43	67.14	45.09	33.34	13.27	49.05	19.33	24.42	14.14	7.59	- -	21.56
Return on Capital (%)	180.12	88.29	72.12	175.24	111.07	110.79	44.99	157.33	64.1	101.93	70.17	66.9	- -	157.63
Return on Common Equity (%)	- -	88.29	72.12	175.22	111.01	110.79	44.98	214.92	96.47	146.45	92.45	88.66	4.48	190.03

Capital Structure

•

in mil. unless spec.

Working Capital

•

in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	50.55%	-6.84%	-29.56%
Net Income, GAAP	165.33%	-24.09%	-97.7%
Free Cash Flow	-94.75%	16.72%	189.57%
Total Cash Common Dividend	- -	- -	- -
Total Equity	43.99%	21.09%	1.12%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

•

in mil. unless spec.

Quarterly Earnings Per Share

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in mil. unless spec.

Quarterly Dividends Per Share

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in mil. unless spec.

Company Description

CEO: Mr. Przemyslaw Piotr Marszal
Full Time Employees: 299
Sector: Technology
Industry: Electronic Gaming & Multimedia
Address: Brzeska 2 Warsaw Poland 03-737
IPO Date: Jan 12, 2011
Website: 11bitstudios.com
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Business: 11 bit studios S.A. develops and sells cross-platform video games worldwide. It sells its video games through specialized online platforms. 11 bit studios S.A. was incorporated in 2009 and is headquartered in Warsaw, Poland.

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	1.63	2.16	2.57	7.13	10.45	12.18	8.5	35.9	31.14	37.61	29.75	31.31	21.78	51.32
Basic EPS, GAAP	0.69	0.61	0.45	4.14	5.22	5.83	1.52	16.42	10.37	16.13	12.17	9.66	0.22	19.24
Free Cash Flow per Basic Share	0.13	-0.38	-0.03	1.22	6.71	3.04	0.18	5.45	11.9	3.42	5.12	-5.38	-15.38	-14.61
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	0.79	0.71	0.55	4.17	5.22	5.3	1.53	13.77	7.73	14.4	12.18	9.67	0.23	19.68
Tangible Book Value per Share	1.34	3.1	3.36	4.84	10.05	15.43	14.71	31.82	41.48	53.02	56.81	50.77	28.13	31.62
Basic Weighted Avg Shares	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Sales/Revenue/Turnover	3	5	6	16	23	27	19	82	71	87	70	74	52	125
Operating Margin (%)	47.78	37.45	24.42	70.89	59.4	53.86	39.46	57.24	36.46	47.03	42.93	26.91	14.56	50.3
Depreciation Expense	- -	- -	- -	2	2	3	2	4	6	10	9	6	4	6
Net Income, GAAP	1	1	1	9	12	13	3	38	24	37	29	23	1	47
Effective Tax Rate (%)	18.44	20.19	21.48	19.32	21.22	17.81	22.16	21.94	12.27	8.09	9.89	15.93	- -	9.74
Profit Margin (%)	42.32	28.04	17.66	58.14	49.92	47.86	17.84	45.73	33.31	42.9	40.91	30.85	1.01	37.48
Working Capital	2	7	7	12	22	33	30	61	81	105	116	91	42	56
LT Debt	- -	- -	- -	- -	- -	- -	- -	11	11	9	8	7	6	5
Total Equity	3	7	8	17	29	42	46	90	120	165	197	225	227	277
Return on Invested Capital (%)	61.74	29.65	14.43	67.14	45.09	33.34	13.27	49.05	19.33	24.42	14.14	7.59	- -	21.56
Return on Capital (%)	180.12	88.29	72.12	175.24	111.07	110.79	44.99	157.33	64.1	101.93	70.17	66.9	- -	157.63
Return on Common Equity (%)	- -	88.29	72.12	175.22	111.01	110.79	44.98	214.92	96.47	146.45	92.45	88.66	4.48	190.03

	Mar'24	Jun'24	Sep'24
ST Debt	1	1	1
LT Borrowings	5	5	4
LT Finance Leases	1	1	1
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	2	2	2
Market Capitalization	1,232	1,450	760

Year	Q1	Q2	Q3	Q4	FY
2022	1.61	4.74	2.04	- -	9.66
2023	1.04	0.63	-1.3	- -	0.22
2024	-0.66	0.46	19.87	- -	- -

	Mar'24	Jun'24	Sep'24
Total Current Assets	60	57	87
Accounts Receivable, Net	12	9	48
Cash, Cash Equivalents & STI	45	43	36
Inventories	- -	- -	- -
Total Current Liabilities	31	41	31
Payables & Accruals	- -	- -	- -
ST Debt	1	1	1
Deferred Revenue	- -	- -	- -

11 bit studios S.A.

Growth Rates

(avg. rate of change)

Company Description

Capital Structure

Working Capital

Growth Rates

(avg. rate of change)

Quarterly Earnings Per Share

Year

Quarterly Dividends Per Share

Year

Quarterly Revenue

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