CI Games S.A.

CI Games S.A.

2.40
PLN
-0.02
(-0.83%)
0.01EPS
658.72P/E
555.30MMarket Cap
Nov 26Next Earn
2013 Y
2014 Y
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
0.77
0.78
0.18
1.61
0.68
0.15
0.31
0.27
0.58
0.31
1.29
0.44
0.39
0.37
Basic EPS, GAAP
0.21
0.01
-0.06
-1.08
0.04
-0.15
-0.02
0.04
0.21
0.04
0.03
-0.04
0.02
- -
Free Cash Flow per Basic Share
-0.01
0.03
-0.06
-1.58
0.08
-0.1
-0.14
-0.01
0.05
-0.27
-0.06
0.12
-0.21
-0.18
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.58
0.6
0.54
0.56
0.59
0.36
0.37
0.53
0.73
0.77
0.82
0.8
0.82
1.17
Tangible Book Value per Share
0.26
0.38
0.21
0.16
0.24
0.01
0.03
0.2
0.29
-0.06
-0.1
-0.19
-0.45
-0.18
Basic Weighted Avg Shares
139
139
139
15
151
151
155
168
183
183
183
184
191
191
Sales/Revenue/Turnover
107
109
25
24
103
22
47
46
106
57
236
81
74
71
Operating Margin (%)
21.25
4.32
-37.73
-54.89
13.9
-31.65
-3.22
19.43
40.17
14.9
11.05
-5.32
3.77
8.66
Depreciation Expense
17
42
11
15
25
12
19
19
20
8
68
48
32
29
Net Income, GAAP
30
2
-8
-16
5
-23
-3
7
38
8
6
-7
3
1
Effective Tax Rate (%)
- -
9.94
- -
- -
50.97
- -
1,413.7
16.82
10.45
24.69
58.52
- -
- -
- -
Profit Margin (%)
27.69
1.91
-31.42
-67.02
5.29
-103.22
-6.06
15.42
36.33
14.46
2.59
-8.57
4.63
1.18
Working Capital
13
31
7
3
20
11
4
36
51
-12
-13
-5
-80
-32
LT Debt
- -
- -
- -
- -
- -
13
- -
6
4
3
1
- -
4
- -
Total Equity
81
83
75
84
89
54
60
97
135
142
153
156
161
228
Return on Invested Capital (%)
- -
2.67
- -
- -
6.45
- -
-18
7.79
29.52
3.85
6.91
- -
- -
- -
Return on Capital (%)
- -
2.71
- -
- -
5.7
- -
-14.18
7.51
31.66
5.25
3.09
- -
- -
- -
Return on Common Equity (%)
49.44
2.55
-9.93
-20.44
6.3
-31.67
-5.04
9.06
33.37
5.98
4.2
-4.57
2.21
0.45

Capital Structure

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
40
49
57
LT Borrowings
- -
4
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
191
191
191
Market Capitalization
599
502
555

Working Capital

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
21
31
101
Cash, Cash Equivalents & STI
7
11
15
Accounts Receivable, Net
3
12
8
Inventories
- -
- -
- -
Total Current Liabilities
53
110
133
Payables & Accruals
- -
- -
- -
ST Debt
40
49
57
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.81%
11.55%
3.24%
Free Cash Flow
-214.91%
-381.72%
-289.14%
Net Income, GAAP
-100.35%
-5.28%
-149.37%
Sales/Revenue/Turnover
68.17%
65.09%
-8.67%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22
37
11
12
81
2025
16
25
11
22
74
2026
14
- -
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
-0.01
-0.04
-0.04
2025
0.01
0.05
-0.05
0.02
0.02
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

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

Company Description

CEO
Marek Lech Tyminski
Full Time Employees
166
Sector
Technology services
Industry
Packaged software
Address
Rondo Daszynskiego 2B Warsaw MZ Poland 00-843
IPO Date
Nov 15, 2007
Business
CI Games SE (CIG.WA) is a Poland-based developer, publisher and distributor of video games for PC, PlayStation, Xbox and other platforms worldwide. Founded in 2002 and headquartered in Warsaw, the company operates studios in Warsaw, Barcelona, Bucharest, the UK and the US; it produces and publishes core franchises including the Sniper: Ghost Warrior series (Sniper: Ghost Warrior Contracts 2, Sniper Ghost Warrior Contracts, Sniper: Ghost Warrior 3, Sniper Ghost Warrior 2 and Sniper: Ghost Warrior), Lords of the Fallen action RPG series (including the 2023 release by Hexworks and the forthcoming Lords of the Fallen 2 in 2026 by Hexworks), Alien Rage and Enemy Front first-person shooters; through its United Label publishing imprint, it handles indie titles such as Roki, Eldest Souls and Tails of Iron; and formerly focused on budget-range games before shifting to premium AAA titles. CI Games SE maintains global distribution in Europe, North America and other regions, targeting action, FPS, RPG and survival genres for console and PC gamers. Recent developments include a November 2025 credit agreement with Santander Bank Polska S.A. to strengthen its financial position, issuance of series J ordinary bearer shares under conditional capital increase in 2024, transformation to a European Company (SE) structure announced in 2022, layoffs totaling around 10% of workforce in early 2024 followed by additional reductions in May 2024, and finalization of Lords of the Fallen certification for PlayStation 5 and Xbox Series X|S platforms in 2023.