Stock Analysis
- Poland
- /
- Entertainment
- /
- WSE:11B
11 bit studios Full Year 2023 Earnings: EPS: zł0.22 (vs zł9.66 in FY 2022)
11 bit studios (WSE:11B) Full Year 2023 Results
Key Financial Results
- Revenue: zł52.4m (down 29% from FY 2022).
- Net income: zł525.6k (down 98% from FY 2022).
- Profit margin: 1.0% (down from 31% in FY 2022). The decrease in margin was primarily driven by lower revenue.
- EPS: zł0.22 (down from zł9.66 in FY 2022).
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 24% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Entertainment industry in Poland.
Performance of the Polish Entertainment industry.
The company's shares are down 9.1% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with 11 bit studios (at least 1 which doesn't sit too well with us), and understanding them should be part of your investment process.
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
11 bit studios S.A. engages in production and sale of cross-platform video games worldwide.
High growth potential with excellent balance sheet.