공시 • Nov 11
Art Games Studio S.A. to Report Q3, 2025 Results on Nov 13, 2025 Art Games Studio S.A. announced that they will report Q3, 2025 results on Nov 13, 2025 New Risk • Sep 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. 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 (-zł78k free cash flow). Revenue is less than US$1m (zł1.2m revenue, or US$324k). Market cap is less than US$10m (€668.8k market cap, or US$787.4k). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Reported Earnings • May 16
First quarter 2025 earnings released First quarter 2025 results: Revenue: zł266.5k (up 17% from 1Q 2024). Net income: zł14.3k (down 75% from 1Q 2024). Profit margin: 5.4% (down from 25% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. 공시 • May 15
Art Games Studio S.A., Annual General Meeting, Jun 10, 2025 Art Games Studio S.A., Annual General Meeting, Jun 10, 2025. New Risk • Jan 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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 (-zł140k free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m (zł888k revenue, or US$219k). Market cap is less than US$10m (€458.8k market cap, or US$478.1k). New Risk • Nov 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. 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 (-zł140k free cash flow). Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m (zł888k revenue, or US$215k). Market cap is less than US$10m (€617.6k market cap, or US$647.0k). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). 공시 • Jun 05
Art Games Studio S.A., Annual General Meeting, Jun 27, 2024 Art Games Studio S.A., Annual General Meeting, Jun 27, 2024. Reported Earnings • May 09
First quarter 2024 earnings released First quarter 2024 results: Revenue: zł226.9k (down 18% from 1Q 2023). Net income: zł57.1k (up 174% from 1Q 2023). Profit margin: 25% (up from 7.6% in 1Q 2023). Reported Earnings • Mar 20
Full year 2023 earnings released Full year 2023 results: Revenue: zł950.2k (down 22% from FY 2022). Net loss: zł228.8k (loss narrowed 40% from FY 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. New Risk • Oct 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m (zł1.3m revenue, or US$299k). Market cap is less than US$10m (€1.18m market cap, or US$1.24m). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (4.0% increase in shares outstanding). New Risk • Oct 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% This is considered a minor 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 Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m (zł1.3m revenue, or US$300k). Market cap is less than US$10m (€1.48m market cap, or US$1.57m). Minor Risk Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Reported Earnings • Aug 13
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: zł260.7k (down 2.3% from 2Q 2022). Net income: zł86.3k (flat on 2Q 2022). Profit margin: 33% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 30% per year. 공시 • Jun 13
Art Games Studio S.A., Annual General Meeting, Jun 29, 2023 Art Games Studio S.A., Annual General Meeting, Jun 29, 2023, at 12:30 Central European Standard Time. Reported Earnings • Mar 17
Full year 2022 earnings released Full year 2022 results: Revenue: zł1.21m (up 18% from FY 2021). Net loss: zł382.1k (loss narrowed 66% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. 공시 • Jun 07
Art Games Studio S.A., Annual General Meeting, Jun 29, 2022 Art Games Studio S.A., Annual General Meeting, Jun 29, 2022, at 11:00 Central European Standard Time. Is New 90 Day High Low • Feb 13
New 90-day high: €0.50 The company is up 18% from its price of €0.42 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 18
New 90-day low: €0.39 The company is down 39% from its price of €0.63 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 20% over the same period. Is New 90 Day High Low • Oct 31
New 90-day low: €0.39 The company is down 55% from its price of €0.88 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 6.0% over the same period.