Stock Analysis
- Poland
- /
- Entertainment
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- WSE:11B
11 bit studios First Quarter 2024 Earnings: zł0.66 loss per share (vs zł1.04 profit in 1Q 2023)
11 bit studios (WSE:11B) First Quarter 2024 Results
Key Financial Results
- Revenue: zł15.3m (up 3.8% from 1Q 2023).
- Net loss: zł1.61m (down by 165% from zł2.47m profit in 1Q 2023).
- zł0.66 loss per share (down from zł1.04 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
11 bit studios Earnings Insights
Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Entertainment industry in Poland.
Performance of the Polish Entertainment industry.
The company's shares are down 2.3% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on 11 bit studios' balance sheet.
Valuation is complex, but we're helping make it simple.
Find out whether 11 bit studios is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About WSE:11B
11 bit studios
Engages in production and sale of cross-platform video games worldwide.
High growth potential with excellent balance sheet.