New Risk • Feb 06
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 Polish 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue has declined by 0.3% over the past year. Revenue is less than US$1m (zł3.2m revenue, or US$894k). Market cap is less than US$10m (zł6.34m market cap, or US$1.78m). New Risk • Nov 20
New major risk - Revenue and earnings growth Revenue has declined by 0.3% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Revenue has declined by 0.3% over the past year. Revenue is less than US$1m (zł3.2m revenue, or US$868k). Market cap is less than US$10m (zł8.47m market cap, or US$2.31m). Reported Earnings • Nov 20
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: zł466.3k (down 47% from 3Q 2024). Net loss: zł12.0m (loss widened zł11.8m from 3Q 2024). 공지 • Nov 13
VR Factory Games S.A. to Report Q3, 2025 Results on Nov 14, 2025 VR Factory Games S.A. announced that they will report Q3, 2025 results on Nov 14, 2025 New Risk • Aug 05
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 Polish 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (zł11.3m market cap, or US$3.05m). Minor Risk Revenue is less than US$5m (zł3.9m revenue, or US$1.0m). New Risk • Jun 18
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 Polish stocks, typically moving 12% 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (zł10.7m market cap, or US$2.87m). Minor Risk Revenue is less than US$5m (zł3.9m revenue, or US$1.0m). New Risk • May 21
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (zł11.6m market cap, or US$3.09m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. 공지 • May 16
VR Factory Games S.A., Annual General Meeting, Jun 11, 2025 VR Factory Games S.A., Annual General Meeting, Jun 11, 2025. Buy Or Sell Opportunity • Mar 28
Now 22% undervalued Over the last 90 days, the stock has risen 20% to zł0.37. The fair value is estimated to be zł0.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last year. Earnings per share has grown by 13%. Reported Earnings • Feb 20
Full year 2024 earnings released: zł0.034 loss per share (vs zł0.039 loss in FY 2023) Full year 2024 results: zł0.034 loss per share (improved from zł0.039 loss in FY 2023). Revenue: zł3.38m (up 10% from FY 2023). Net loss: zł1.11m (loss narrowed 13% from FY 2023). Buy Or Sell Opportunity • Feb 05
Now 29% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.3% to zł0.29. The fair value is estimated to be zł0.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. New Risk • Sep 12
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 Polish stocks, typically moving 9.2% 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 No financial data reported. Share price has been highly volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$10m (zł11.5m market cap, or US$2.95m). 공지 • May 31
VR Factory Games S.A., Annual General Meeting, Jun 26, 2024 VR Factory Games S.A., Annual General Meeting, Jun 26, 2024. 공지 • Jun 04
VR Factory Games S.A., Annual General Meeting, Jun 28, 2023 VR Factory Games S.A., Annual General Meeting, Jun 28, 2023, at 12:00 Central European Standard Time. 공지 • Jun 07
VR Factory Games S.A., Annual General Meeting, Jun 30, 2022 VR Factory Games S.A., Annual General Meeting, Jun 30, 2022.