1. Poland Stocks

  2. •

    Technology services

  3. •

    Packaged software
Games Operators SA

Games Operators SA

GGPW:GOP
11.90
PLN
+0.05
(+0.42%)
0.85EPS
12.41P/E
58.18MMarket Cap
Nov 27Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.19
0.85
1.28
1.51
1.89
1.09
0.86
5.26
2.69
2.44
Basic EPS, GAAP
- -
0.15
0.7
0.83
0.01
0.46
0.61
0.14
2.36
0.63
0.85
Free Cash Flow per Basic Share
- -
-0.03
0.53
0.34
0.47
0.65
0.42
-0.44
1.6
0.41
0.41
Dividend per Share
- -
- -
- -
- -
- -
0.34
0.43
0.6
0.21
1
1
Book Value per Share
- -
0.24
0.93
2
3.31
3.51
3.64
3.17
5.33
4.96
5.25
Tangible Book Value per Share
- -
0.18
0.9
1.9
3.23
3.48
3.6
2.45
4.68
4.38
4.7
Basic Weighted Avg Shares
5
5
5
5
5
5
5
5
5
5
5
Sales/Revenue/Turnover
- -
1
4
7
8
10
6
5
29
15
13
Operating Margin (%)
- -
95.79
93.29
78.84
6.86
18.48
34.01
29.56
47.41
37.02
43.44
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
Net Income, GAAP
- -
1
4
4
- -
2
3
1
13
3
5
Effective Tax Rate (%)
- -
15.06
14.92
19.73
92.17
4.97
8.32
- -
7.03
5.28
3.19
Profit Margin (%)
- -
80.8
82.65
64.65
0.5
24.1
55.73
15.85
44.84
23.38
34.88
Working Capital
- -
1
5
10
17
18
19
12
23
20
22
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
1
5
11
18
19
20
17
29
27
29
Return on Invested Capital (%)
- -
114.24
110.14
54.32
0.3
9.54
9.3
- -
53.09
15.76
16.79
Return on Capital (%)
- -
121
117.38
54.97
0.28
13.35
16.84
- -
55.21
12.25
18.61
Return on Common Equity (%)
- -
- -
117.26
54.8
0.28
13.44
17.11
4.01
55.54
12.25
16.09

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
5
5
5
Market Capitalization
85
59
58

Working Capital

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
22
23
24
Cash, Cash Equivalents & STI
11
11
12
Accounts Receivable, Net
4
1
- -
Inventories
7
7
8
Total Current Liabilities
3
3
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
- -
12.17%
-6.95%
Free Cash Flow
- -
-146.94%
-74.26%
Net Income, GAAP
- -
1,516.66%
-73.32%
Sales/Revenue/Turnover
- -
85.67%
-48.83%
Total Cash Common Dividend
- -
- -
376.1%

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
19
5
4
29
2025
3
- -
4
3
15
2026
3
- -
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
1.49
0.3
0.54
2.36
2025
0.15
- -
0.29
0.12
0.63
2026
0.3
- -
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.21
- -
0.21
2025
- -
- -
1
- -
1
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Bartek Gajewski
Full Time Employees
13
Sector
Technology services
Industry
Packaged software
Address
ul. Niedzwiedzia 19A Warsaw MZ Poland 02-737
IPO Date
Apr 17, 2020
Website
gameops.pl
Similar Companies
Microsoft Corporation (NASDAQ:MSFT)
Palantir Technologies Inc. (NASDAQ:PLTR)
Nebius Group N.V. (NASDAQ:NBIS)
Oracle Corporation (NYSE:ORCL)
CoreWeave, Inc. (NASDAQ:CRWV)
ServiceNow, Inc. (NYSE:NOW)
Business
Games Operators S.A. (GOP.WA) is a Poland-based publishing and investment company specializing in the video game industry, focusing on funding, developing, releasing, and promoting high-quality titles for PC, Mac, and mobile platforms. The company builds a diversified portfolio of games through outsourcing development to external partners ranging from individual creators to full teams, while engaging projects at all stages from concept to near-completion; it provides technical and conceptual consultations via its internal subsidiary Jutsu Games, creators of the hit title 911 Operator. Core products include strategy and simulation games such as 911 Operator, 112 Operator, Counter Terrorist Agency, Radio Commander, BE-A Walker, Rustler, Transport INC, and the recently launched Dust Raiders, a management strategy game set in a post-apocalyptic wasteland featuring vehicle upgrades, tactical combat, and dynamic economy systems; titles are distributed globally via digital platforms like Steam, with primary markets in the USA and Europe. Founded in 2017 and headquartered in Warsaw, Poland, at Bukowińska 22B/501, the company relocated its registered office in July 2025 and appointed a new supervisory board following its June 2025 annual general meeting, alongside issuing post-launch sales reports for Dust Raiders in July 2025 and notifications of major shareholding changes and directors' dealings in August 2025. Games Operators S.A. operates in the software publishing segment of the entertainment industry, targeting gamers worldwide with innovative, long-life-cycle titles expandable via DLCs and sequels.