1. Poland Stocks

  2. •

    Technology services

  3. •

    Packaged software
Artifex Mundi SA

Artifex Mundi SA

GGPW:ART
19.30
PLN
-0.62
(-3.11%)
1.75EPS
12.45P/E
260.29MMarket Cap
Nov 10Next Earn
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.75
2.25
1.95
1.85
1.4
2.16
3.28
3.24
6.93
8.69
8.05
7.34
Basic EPS, GAAP
0.7
0.55
-0.34
-0.96
-1.15
0.69
1.07
1.01
2.09
2.3
2.13
1.75
Free Cash Flow per Basic Share
-0.15
-0.03
-0.52
-0.46
-0.53
0.65
0.42
0.44
0.58
0.52
-0.21
0.07
Dividend per Share
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.25
3.7
3.36
2.93
1.78
2.47
3.49
4.64
6.78
9.08
11.29
12.15
Tangible Book Value per Share
2.18
3.65
3.31
2.9
1.75
2.46
3.48
4.63
6.78
9.07
11.29
12.14
Basic Weighted Avg Shares
10
10
11
11
12
12
12
12
12
12
12
12
Sales/Revenue/Turnover
17
23
21
20
17
26
39
39
82
104
96
87
Operating Margin (%)
55.12
36.41
25.26
20.96
25.68
48.36
38.64
25.48
28.95
28.53
25.39
25.8
Depreciation Expense
- -
- -
1
- -
1
1
1
1
1
2
2
2
Net Income, GAAP
7
6
-4
-10
-14
8
13
12
25
27
25
21
Effective Tax Rate (%)
20.93
23.41
- -
- -
- -
19.14
12.1
3.76
9.18
8.52
6.14
5.57
Profit Margin (%)
40.3
24.62
-17.49
-52.06
-82.26
32.04
32.61
31.3
30.21
26.47
26.44
23.89
Working Capital
21
38
33
30
14
24
37
51
72
98
128
139
LT Debt
- -
- -
- -
- -
3
2
1
- -
- -
5
4
4
Total Equity
23
39
35
35
21
29
42
55
81
108
134
145
Return on Invested Capital (%)
- -
17.9
- -
- -
- -
28.73
35.19
18.99
31.39
27.4
17.91
15.22
Return on Capital (%)
- -
18.67
- -
- -
- -
28.96
33.64
24.35
36.3
28.45
20.27
15.3
Return on Common Equity (%)
- -
18.21
-9.69
-29.88
-48.91
32.6
35.93
24.95
36.69
29.06
20.97
15.64

Capital Structure

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
158
210
260

Working Capital

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
145
151
156
Cash, Cash Equivalents & STI
30
28
29
Accounts Receivable, Net
11
14
10
Inventories
101
107
115
Total Current Liabilities
17
17
17
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.03%
35.68%
24.35%
Free Cash Flow
121.17%
-30.01%
-140.81%
Net Income, GAAP
3.6%
31.68%
-7.39%
Sales/Revenue/Turnover
23.83%
36.55%
-7.29%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
28
25
26
25
104
2025
27
26
22
21
96
2026
25
19
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.62
0.58
0.63
0.46
2.3
2025
0.72
0.47
0.43
0.51
2.13
2026
0.45
0.37
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Przemyslaw Blaszczyk
Full Time Employees
127
Sector
Technology services
Industry
Packaged software
Address
al. Jana Pawla II 27 Katowice Poland 00-867
IPO Date
Nov 28, 2016
Website
artifexmundi.com
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Business
Artifex Mundi S.A. is a Poland-based interactive entertainment company specializing in the development and publishing of casual video games, primarily within the adventure and puzzle genres. The company offers a diverse portfolio of products including hidden object games, puzzle-solving games, and story-driven adventure titles under various brands such as "Enigmatis," "Grim Legends," and "Detectives United." Artifex Mundi’s products are available across multiple platforms including PC, consoles, and mobile devices, targeting casual gamers worldwide. Founded in 2007, the company is headquartered in Warsaw, Poland, and operates globally with a strong presence in the digital game distribution market. Recently, Artifex Mundi has focused on expanding its digital distribution and platform reach, including partnerships with major digital storefronts and launching new game titles that integrate advanced storytelling and gameplay mechanics to enhance user engagement. Within the last 1-2 years, the company has also invested in broadening its publishing capabilities, targeting a wider demographic across both casual and core gaming segments. These strategic initiatives include releasing new games with richer narratives and improved graphics, potentially involving collaborations or alliances with other digital entertainment or technology partners to strengthen its market position. Artifex Mundi operates primarily within the video game development and publishing industry, targeting markets in Europe, North America, and beyond. Its core customer base includes casual gamers seeking narrative-rich and visually engaging game experiences. The company maintains full development and publishing control over its intellectual property, emphasizing proprietary game creation with consistent updates and new releases to sustain player interest. Artifex Mundi also leverages subsidiaries or partnered distribution channels to maximize market penetration. Its business is characterized by a strong focus on innovation in casual gaming content, digital platform adaptability, and expanding its audience reach through strategic marketing and partnerships.