The game developer turned a loss into a profit. The company has had a very good quarter.
11 bit studios generated PLN 58.4 million in operating income in the first half of 2025 (86% more than a year earlier). Net profit in this period was PLN 8.48 million, compared to a PLN 0.48 million loss in the first half of 2024. In the second quarter alone, the company netted nearly PLN 15 million (compared to PLN 1.1 million in profit a year earlier).
The company states that the increase in revenue is a result of expanding its portfolio with a new in-house product – the game "The Alters", which was released for PC, Xbox X/S and PS5 on June 13 , 2025. Sales of the title by July 8, 2025, exceeded 280,000 units.
11 bit studios' release-related operating costs in the first half of 2025 increased year-on-year by 11%, to PLN 40.3 million. The increase was primarily due to depreciation and amortization charges that were nearly four times higher than a year earlier (totaling PLN 10.95 million), which resulted from the commencement of depreciation and amortization charges for "The Alters" and "Frostpunk 2."
The production phase of the new game is getting closer, with a planned release in 2027.In the first six months of this year, the company also continued work on the console version of "Frostpunk 2," which will debut on September 18, 2025. Additionally, the company is approaching the production phase of "Frostpunk 1886" and maintains its plan to release the title in 2027.
"Regarding the new 'Frostpunk,' everything is going according to plan. We currently have 17 people working on the game. Ultimately, we want to have up to 25 people involved in the project by the end of the year. We are quickly approaching the production phase. We maintain the release date of 2027," said the company's CEO, Przemysław Marszał.
An economics journalist with almost 10 years of experience in the industry. He began his career at PAP Biznes, then 300Gospodarka, and since early 2022, WNP.PL. He covers a broad range of finances, and as head of the market department, he writes primarily about the world of capital investments, from gold and stocks to cryptocurrencies.
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