Render Cube S.A

Render Cube S.A

GGPW:RND
68.80
PLN
-0.40
(-0.58%)
8.29EPS
10.18P/E
82.49MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.85
7.01
12.58
13.09
14.42
16.03
15.84
15.15
Basic EPS, GAAP
0.11
5.5
8.21
7.51
7.09
6.67
7.19
7.53
Free Cash Flow per Basic Share
0.12
4.06
8.85
4.12
3.47
10.44
5.08
5.21
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
13.5
Book Value per Share
0.11
5.61
21.97
29.48
36.84
37.74
31.4
33.13
Tangible Book Value per Share
0.11
5.61
13.4
19.06
25.79
26.35
24.01
26.75
Basic Weighted Avg Shares
1
1
1
1
1
1
1
1
Sales/Revenue/Turnover
1
7
13
14
15
17
17
16
Operating Margin (%)
14.57
83.91
81.36
69.9
64
55.11
47.96
48
Depreciation Expense
- -
- -
- -
- -
2
4
5
5
Net Income, GAAP
- -
6
9
8
8
7
8
8
Effective Tax Rate (%)
8.76
8.82
19.07
19.03
10.59
22.12
5.32
- -
Profit Margin (%)
12.74
78.43
65.22
57.34
49.17
41.63
45.42
49.68
Working Capital
- -
6
14
19
26
28
25
28
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
6
23
31
39
41
34
36
Return on Invested Capital (%)
- -
171.88
55.54
27.84
24.94
18.39
20.69
- -
Return on Capital (%)
- -
192.19
59.54
29.32
21.45
17.85
20.71
- -
Return on Common Equity (%)
- -
192.19
59.53
29.19
21.45
17.85
20.71
20.83

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
1
1
1
Market Capitalization
83
89
82

Working Capital

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
21
25
29
Cash, Cash Equivalents & STI
16
18
20
Accounts Receivable, Net
1
2
1
Inventories
3
5
6
Total Current Liabilities
1
1
1
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
- -
67.55%
-16.8%
Free Cash Flow
- -
39.83%
-51.33%
Net Income, GAAP
- -
7.55%
7.81%
Sales/Revenue/Turnover
- -
20.88%
-1.19%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5
3
4
5
17
2025
5
3
4
5
17
2026
4
- -
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.31
0.45
1.27
2.63
6.67
2025
1.37
0.98
2.14
2.67
7.19
2026
1.74
- -
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
5.6
- -
- -
2025
- -
- -
13.5
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Damian Szymanski
Full Time Employees
3
Sector
Technology services
Industry
Packaged software
Address
Piotrkowska 295 lok. 7 Lodzkie LD Poland 93-004
IPO Date
Dec 22, 2021
Business
Render Cube SA (RND.WA) is a Poland-based gaming studio that develops and publishes video games for personal computers, PlayStation, and Xbox platforms using the Unreal Engine; its core offerings include simulation, strategy, survival, RPG, and hybrid genre titles such as the flagship Medieval Dynasty, a Steam platform game blending survival, simulator, RPG, and strategy elements that has garnered over 90% positive reviews from more than 22,000 user opinions. The company operates primarily in Poland and internationally, targeting PC and console gamers through digital distribution channels like Steam, with support from global publisher Toplitz Productions for marketing and sales. Founded in 2012 and headquartered at Piotrkowska 295 lok. 7 in Lodz, Poland, Render Cube employs a compact team of specialists, recently expanded to 36 members, and maintains a history of collaborations with major studios including Techland, CD Projekt RED, Creepy Jar, and CI Games on titles like Call of Juarez, Dead Island, Wiedźmin 3, Green Hell, and Sniper: Ghost Warrior 3. In recent developments, the company has sustained its partnership with Toplitz Productions for enhanced global distribution and continues to focus on team growth amid strong revenue performance, reporting PLN 17.18 million in fiscal year revenue and PLN 7.15 million in net income as of the latest available figures.