New Risk • Dec 26
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 62% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Market cap is less than US$10m (zł5.00m market cap, or US$1.40m). Minor Risks Less than 3 years of financial data is available. Revenue is less than US$5m (zł5.5m revenue, or US$1.5m). Reported Earnings • Nov 19
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: zł588.7k (up zł573.6k from 3Q 2024). Net loss: zł247.9k (loss widened 22% from 3Q 2024). お知らせ • Nov 12
Immersion Games S.A. to Report Q3, 2025 Results on Nov 14, 2025 Immersion Games S.A. announced that they will report Q3, 2025 results on Nov 14, 2025 New Risk • Aug 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -zł86k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-zł86k free cash flow). Share price has been highly volatile over the past 3 months (43% average weekly change). Market cap is less than US$10m (zł8.59m market cap, or US$2.35m). Minor Risks Less than 3 years of financial data is available. Revenue is less than US$5m (zł4.9m revenue, or US$1.3m). Buy Or Sell Opportunity • Aug 05
Now 31% undervalued The stock has been flat over the last 90 days, currently trading at zł2.14. The fair value is estimated to be zł3.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last year. Earnings per share has grown by 41%. Buy Or Sell Opportunity • Jun 30
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 169% to zł3.76. The fair value is estimated to be zł3.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last year. Earnings per share has grown by 41%. Buy Or Sell Opportunity • Jun 13
Now 60% overvalued The stock has been flat over the last 90 days, currently trading at zł5.00. The fair value is estimated to be zł3.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last year. Earnings per share has grown by 41%. Reported Earnings • May 20
First quarter 2025 earnings released First quarter 2025 results: Revenue: zł667.3k (up 60% from 1Q 2024). Net income: zł299.2k (up 69% from 1Q 2024). Profit margin: 45% (up from 43% in 1Q 2024). お知らせ • Apr 03
Immersion Games S.A., Annual General Meeting, Apr 26, 2024 Immersion Games S.A., Annual General Meeting, Apr 26, 2024, at 10:00 Central European Standard Time. お知らせ • Jun 13
Immersion Games S.A., Annual General Meeting, Jun 29, 2023 Immersion Games S.A., Annual General Meeting, Jun 29, 2023, at 10:00 Central European Standard Time.