Duyuru • Jun 04
CI Games SE, Annual General Meeting, Jun 29, 2026 CI Games SE, Annual General Meeting, Jun 29, 2026, at 11:00 Central European Standard Time. Reported Earnings • May 29
First quarter 2026 earnings released First quarter 2026 results: Revenue: zł13.6m (down 16% from 1Q 2025). Net loss: zł1.57m (down 257% from profit in 1Q 2025). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • May 23
Now 21% undervalued Over the last 90 days, the stock has risen 26% to €0.67. The fair value is estimated to be €0.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Duyuru • May 22
CI Games SE, Annual General Meeting, Jun 18, 2025 CI Games SE, Annual General Meeting, Jun 18, 2025. Reported Earnings • Sep 27
Second quarter 2024 earnings released: EPS: zł0.014 (vs zł0.015 loss in 2Q 2023) Second quarter 2024 results: EPS: zł0.014 (up from zł0.015 loss in 2Q 2023). Revenue: zł36.5m (up 194% from 2Q 2023). Net income: zł2.59m (up zł5.42m from 2Q 2023). Profit margin: 7.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jun 06
Now 29% undervalued Over the last 90 days, the stock has risen 7.9% to €0.37. The fair value is estimated to be €0.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has declined by 43%. Revenue is forecast to decline by 14% in 2 years. Earnings are forecast to grow by 283% in the next 2 years. Reported Earnings • May 30
First quarter 2024 earnings released: EPS: zł0 (vs zł0.004 loss in 1Q 2023) First quarter 2024 results: EPS: zł0 (improved from zł0.004 loss in 1Q 2023). Revenue: zł21.8m (up 122% from 1Q 2023). Net loss: zł46.0k (loss narrowed 94% from 1Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • May 14
CI Games SE, Annual General Meeting, Jun 06, 2024 CI Games SE, Annual General Meeting, Jun 06, 2024. Buy Or Sell Opportunity • May 08
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.2% to €0.35. The fair value is estimated to be €0.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has declined by 36%. For the next 3 years, revenue is forecast to grow by 20% per annum. Earnings are also forecast to grow by 75% per annum over the same time period. Reported Earnings • Apr 21
Full year 2023 earnings released Full year 2023 results: Revenue: zł245.0m (up 332% from FY 2022). Net income: zł13.0m (up 59% from FY 2022). Profit margin: 5.3% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Germany. Duyuru • Jan 18
CI Games Announces to Lay Off Around 10% of Employees CI Games announced that it has made the decision to lay off around 10% of employees across the company. Reported Earnings • Dec 01
Third quarter 2023 earnings released: zł0.01 loss per share (vs zł0.022 loss in 3Q 2022) Third quarter 2023 results: zł0.01 loss per share (improved from zł0.022 loss in 3Q 2022). Revenue: zł36.9m (up 242% from 3Q 2022). Net loss: zł1.56m (loss narrowed 60% from 3Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Reported Earnings • Oct 01
Second quarter 2023 earnings released: zł0.015 loss per share (vs zł0.05 profit in 2Q 2022) Second quarter 2023 results: zł0.015 loss per share (down from zł0.05 profit in 2Q 2022). Revenue: zł12.4m (down 29% from 2Q 2022). Net loss: zł2.83m (down 131% from profit in 2Q 2022). Revenue is forecast to grow 65% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings. Duyuru • Jun 13
CI Games SE, Annual General Meeting, Jun 29, 2023 CI Games SE, Annual General Meeting, Jun 29, 2023, at 09:00 Central European Standard Time. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €1.09, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 19x in the Entertainment industry in Europe. Total returns to shareholders of 748% over the past three years. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €1.01, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the Entertainment industry in Europe. Total returns to shareholders of 762% over the past three years. Duyuru • Jan 31
CI Games S.A. to Report Q2, 2023 Results on Sep 07, 2023 CI Games S.A. announced that they will report Q2, 2023 results on Sep 07, 2023 Reported Earnings • Nov 24
Third quarter 2022 earnings released: zł0.022 loss per share (vs zł0.07 profit in 3Q 2021) Third quarter 2022 results: zł0.022 loss per share (down from zł0.07 profit in 3Q 2021). Revenue: zł10.8m (down 67% from 3Q 2021). Net loss: zł3.94m (down 131% from profit in 3Q 2021). Revenue is forecast to grow 137% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 10
Second quarter 2022 earnings released: EPS: zł0.05 (vs zł0.059 in 2Q 2021) Second quarter 2022 results: EPS: zł0.05 (down from zł0.059 in 2Q 2021). Revenue: zł17.6m (down 56% from 2Q 2021). Net income: zł9.16m (down 16% from 2Q 2021). Profit margin: 52% (up from 27% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 98% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 26
First quarter 2022 earnings released: EPS: zł0.022 (vs zł0.015 in 1Q 2021) First quarter 2022 results: EPS: zł0.022 (up from zł0.015 in 1Q 2021). Revenue: zł12.9m (up 36% from 1Q 2021). Net income: zł4.02m (up 49% from 1Q 2021). Profit margin: 31% (up from 28% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.0%, compared to a 130% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 25
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2021 results: EPS: zł0.07 (up from zł0.002 in 3Q 2020). Revenue: zł32.7m (up 322% from 3Q 2020). Net income: zł12.8m (up zł12.5m from 3Q 2020). Profit margin: 39% (up from 4.4% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 8.2%. Over the next year, revenue is expected to shrink by 19% compared to a 304% growth forecast for the industry in Germany. Reported Earnings • Sep 05
Second quarter 2021 earnings released: EPS zł0.059 (vs zł0.02 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł39.7m (up 170% from 2Q 2020). Net income: zł10.9m (up 236% from 2Q 2020). Profit margin: 27% (up from 22% in 2Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • May 30
First quarter 2021 earnings released: EPS zł0.015 (vs zł0.009 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: zł9.52m (down 23% from 1Q 2020). Net income: zł2.71m (up 81% from 1Q 2020). Profit margin: 28% (up from 12% in 1Q 2020). The increase in margin was driven by lower expenses. Is New 90 Day High Low • Jan 07
New 90-day high: €0.35 The company is up 27% from its price of €0.27 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 26% over the same period. Is New 90 Day High Low • Dec 12
New 90-day high: €0.32 The company is up 18% from its price of €0.27 on 11 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 17% over the same period. Reported Earnings • Dec 03
Third quarter 2020 earnings released: EPS zł0.002 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: zł7.74m (up 75% from 3Q 2019). Net income: zł340.0k (up zł3.26m from 3Q 2019). Profit margin: 4.4% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Is New 90 Day High Low • Oct 16
New 90-day low: €0.24 The company is down 42% from its price of €0.41 on 17 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 15% over the same period.