How does NRS's PB Ratio compare to its peers?

NRS has negative equity and a Price-To-Book Ratio (-15.2x) compared to the peer average (1.7x).

How does NRS's PB Ratio compare vs other companies in the PL Entertainment Industry?

NRS has negative equity and a Price-To-Book Ratio (-15.2x) compared to the Polish Entertainment industry average (1.8x).

What is NRS's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate NRS's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of NRS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate NRS's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Neurone Studio WSE:NRS Stock Report

Last Price

zł0.98

Market Cap

zł2.2m

7D

0%

1Y

-16.2%

Updated

24 Dec, 2024

Data

Company Financials

Neurone Studio S.A.

WSE:NRS Stock Report

Market Cap: zł2.2m

NRS Stock Overview

Produces and publishes computer games in Poland. More details

NRS fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Rewards

Earnings have grown 33.8% per year over the past 5 years

Risk Analysis

Has less than 1 year of cash runway

Negative shareholders equity

Does not have a meaningful market cap (PLN2M)

Makes less than USD$1m in revenue (PLN0)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Neurone Studio S.A. Competitors

Detalion Games

WSE:DEG

zł1.9m

True Games Syndicate

WSE:TGS

zł8.4m

T-Bull

WSE:TBL

zł4.0m

Draw Distance

WSE:DDI

zł1.7m

Price History & Performance

Summary of share price highs, lows and changes for Neurone Studio
Historical stock prices
Current Share Price	zł0.98
52 Week High	zł2.26
52 Week Low	zł0.90
Beta	1.48
1 Month Change	-2.00%
3 Month Change	n/a
1 Year Change	-16.24%
3 Year Change	-70.30%
5 Year Change	-44.00%
Change since IPO	-83.96%

Recent News & Updates

Recent updates

Shareholder Returns

	NRS	PL Entertainment	PL Market
7D	0%	-1.2%	-0.2%
1Y	-16.2%	13.4%	-4.9%

Return vs Industry: NRS underperformed the Polish Entertainment industry which returned 13.4% over the past year.

Return vs Market: NRS underperformed the Polish Market which returned -4.9% over the past year.

Price Volatility

Is NRS's price volatile compared to industry and market?
NRS volatility
NRS Average Weekly Movement	n/a
Entertainment Industry Average Movement	6.1%
Market Average Movement	4.9%
10% most volatile stocks in PL Market	8.7%
10% least volatile stocks in PL Market	3.1%

Stable Share Price: NRS's share price has been volatile over the past 3 months compared to the Polish market.

Volatility Over Time: Insufficient data to determine NRS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2016	3	Dawid Modro	www.neuronestudio.pl

Neurone Studio S.A. produces and publishes computer games in Poland. It develops IT software. The company was formerly known as Huckleberry Games S.A. and changed its name to Neurone Studio S.A. in October 2020.

Neurone Studio S.A. Fundamentals Summary

How do Neurone Studio's earnings and revenue compare to its market cap?
NRS fundamental statistics
Market cap	zł2.15m
Earnings (TTM)	-zł270.55k
Revenue (TTM)	n/a

0.0x

P/S Ratio

-8.0x

P/E Ratio

Is NRS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NRS income statement (TTM)
Revenue	zł0
Cost of Revenue	zł291.00
Gross Profit	-zł291.00
Other Expenses	zł270.26k
Earnings	-zł270.55k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.12
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-234.2%

How did NRS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 20:51
End of Day Share Price	2024/12/23 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Neurone Studio S.A. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution