Big Cheese Studio S.A

Big Cheese Studio S.A

GGPW:BCS
3.24
PLN
-0.15
(-4.57%)
0.26EPS
43.89P/E
47.06MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.01
1.87
2.86
4.13
5.54
2.61
- -
1.6
1.74
Basic EPS, GAAP
- -
- -
1.26
2.06
3.02
3.92
0.56
- -
0.15
0.26
Free Cash Flow per Basic Share
- -
-0.17
0.93
1.5
2.25
2.32
- -
- -
-1.18
-0.74
Dividend per Share
- -
- -
- -
1.08
1.45
1.94
- -
- -
- -
- -
Book Value per Share
- -
0.23
1.45
2.4
5.04
6.97
4.86
- -
5.22
5.23
Tangible Book Value per Share
- -
0.23
1.45
2.4
5.04
6.97
4.86
- -
5.22
5.23
Basic Weighted Avg Shares
4
4
4
4
4
4
4
4
4
4
Sales/Revenue/Turnover
- -
- -
7
11
17
23
11
- -
7
7
Operating Margin (%)
- -
2.94
72.44
76.24
75.79
71.99
44.16
- -
17.42
18.1
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
5
8
12
16
2
- -
1
1
Effective Tax Rate (%)
- -
- -
6.18
5.71
5.02
5.51
- -
- -
0.79
- -
Profit Margin (%)
- -
- -
67.64
71.98
73.13
70.8
21.51
- -
9.45
14.93
Working Capital
- -
1
6
10
20
29
19
- -
21
21
LT Debt
- -
- -
- -
- -
1
1
- -
- -
- -
- -
Total Equity
- -
1
6
10
21
29
20
- -
22
22
Return on Invested Capital (%)
- -
- -
146.05
103.08
76.19
59.59
- -
- -
- -
- -
Return on Capital (%)
- -
- -
145.46
103.24
77.57
62.43
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
145.35
103.2
81.09
65.27
9.49
- -
- -
- -

Capital Structure

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
59
50
47

Working Capital

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
23
23
23
Cash, Cash Equivalents & STI
3
1
1
Accounts Receivable, Net
1
1
2
Inventories
17
19
20
Total Current Liabilities
3
2
2
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4
3
2
- -
- -
2025
2
- -
2
2
7
2026
2
- -
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.78
0.38
0.16
- -
- -
2025
0.07
- -
0.2
-0.01
0.15
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
1.46
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Lukasz Debski
Full Time Employees
58
Sector
Technology services
Industry
Packaged software
Address
ul. Wólczanska 143 Lodz LD Poland 90-562
IPO Date
Dec 7, 2021
Business
Big Cheese Studio Spolka Akcyjna develops and publishes simulation video games for PC and console platforms; its flagship franchise centers on the Cooking Simulator series, including the base game launched in 2019 and multiple downloadable content expansions such as Food Network-inspired modes, pizza simulator, pastry DLC with real recipes, and planned Sushi DLC; the company also maintains ongoing LiveOps updates, free content releases, and community engagement via platforms like Steam and Discord to drive player monetization and retention. Headquartered in Lodz, Poland, at ul. Lakowa 7A, the company operates primarily in the interactive home entertainment sector, targeting global gaming audiences with titles distributed digitally through Steam that emphasize realism, complexity, and extended play sessions averaging 6.5 hours per player. Founded in 2018 and listed on the Warsaw Stock Exchange under ticker BCS.WA since December 2021, Big Cheese Studio focuses on ambitious simulation projects; in July 2024, an undisclosed buyer acquired a 53.27% stake from PlayWay SA for PLN 31.17 million at PLN 14.15 per share, marking a significant ownership change; the company continues developing Cooking Simulator 2 with enhanced features including multiplayer and new recipes, alongside further DLC for existing titles to support revenue growth.