
Overview
11 Bit Studios is a game developer and publisher known for creating narrative-driven games that explore complex themes and emotional choices. Their notable titles include "Frostpunk 2," "Moonlighter 2," and "Death Howl," which encompass various genres such as RPGs and deck builders. The company focuses on delivering unique gaming experiences that challenge conventional storytelling in the industry.
Financials
The financial statement for 2024 has not yet been filed with the Financial Document Repository (past deadline).
Revenue history (in m)
Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.
Stock quotes
- Open
- PLN 119.00
- High
- PLN 120.90
- Low
- PLN 118.60
- Volume
- 2.84K
- Avg. vol.
- 7.35K
- Market cap
- PLN 290.06M
- P/E ratio
- —
- EPS
- -PLN 1.05
- Shares outstanding
- 2.42M
- 52-week
- PLN 116.50 – 125.90
- Dividend yield
- —
- Dividend
- —
- Ex dividend date
- —
- ISIN
- PL11BTS00015
- Exchange
- GPW Main Market
Quarterly results
| Period | Revenue | EBIT | Net profit |
|---|---|---|---|
| Q2 2026 | USD 6.82m | USD 311.72k | USD 482.98k |
| Q1 2026 | USD 5.35m | USD -1.48m | USD -751.76k |
| Q4 2025 | USD 9.98m | USD -2.18m | USD -3.77m |
| Q3 2025 | USD 11.07m | USD 3.15m | USD 3.39m |
Results for Q3 2026:Nov 25, 2026
Statistics
How the company ranks by revenue within its industry, region and across Poland in 2023.
Results vs industry
News
Frostpunk 2’s First DLC Reforges the Utopia Builder Mode
Coming to PC this year.
Dive Deeper Into Death Howl’s Unique Blend
Coming in December.

Frostpunk 2 Console release arrives Setpember 18th
Chilling politics coming to PlayStation 5 and Xbox Series X|S

The Reveal of Frostpunk 1886
A beloved classic, reimagined in Unreal Engine.
Moonlighter 2 Opens for Business in Summer 2025
Coming to PC, PlayStation 5 and Xbox Series X|S in 2025.

The Alters Arrives June 13
The game is set to launch in 2025 on PC, PlayStation 5, and Xbox Series X|S.
Industry
Bank accounts
Registered as a VAT taxpayer on 2009-12-10. Active
04 1020 1026 0000 1402 0480 2551
12 1020 1026 0000 1102 0482 3797
17 1020 1026 0000 1802 0482 3946
Debt
No entries in the National Debtors Register (KRZ). No proceedings in KRZ
Public aid
5 public aid cases recorded, with a total value of $693,652.
| Grant date | Purpose | Gross amount | Granting body | |
|---|---|---|---|---|
| Jul 7, 2023 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | — | Prezes Banku Gospodarstwa Krajowego | |
| Dec 18, 2020 | Aid for research and development projects: experimental development | — | Dyrektor Narodowego Centrum Badań i Rozwoju | |
| Dec 18, 2020 | Aid for consultancy services for small and medium-sized enterprises | — | Dyrektor Narodowego Centrum Badań i Rozwoju |
European Funds
| Start | Project | EU co-financing | Programme | |
|---|---|---|---|---|
| 2016-03-02 | Support to the development of european video games : dreamtime | $169,055 | 3.0.11 - Energy | |
| 2014-10-06 | Support to the development of european video games : industrial | $197,290 | 3.0.11 - Energy |
Tenders
No recorded participation in tenders.
Regulatory authorisations
| Authority | Type | Status | |
|---|---|---|---|
| BDO register entry | Active |
Authorized Representatives
Manner of representation
With a one-person management board, the President of the Management Board acts independently; with a multi-member management board, two members of the management board act jointly, or one member of the management board acts jointly with a commercial proxy.
Supervisory board
Beneficial owners
No beneficial owners recorded for the company 11 Bit Studios.
Competitors
| Name | Revenue | Website | |
|---|---|---|---|
| PCF GroupS.A. | $41,802,360.62 | peoplecanfly.com | |
| Bloober TeamS.A. | $38,555,660.72 | blooberteam.com | |
| CI GamesEuropean company (SE) | $17,336,263.18 | cigames.com | |
| Ultimate GamesS.A. | $11,427,423.41 | ultimate-games.com | |
| Anshar StudiosS.A. | $9,274,480.80 | ansharstudios.com | |
| Creepy JarS.A. | $8,484,809.64 | creepyjar.com | |
| Forever EntertainmentS.A. | $7,125,043.19 | forever-entertainment.com | |
| Mataboosp. z o.o. | $5,305,462.35 | mataboo.com | |
| Media Gold Zbigniew Rzycki Mariusz WojtasS.K.A. | $5,197,603.70 | mediagold.com.pl | |
| President StudioS.A. | $4,945,535.24 | president-studio.com |
Change history
| Date | Event |
|---|---|
| 2024-11-13 | PKD change (Removed: 47.41.Z; Added: 68.20.Z) |
| 2023-07-24 | Share capital change (238,014.40 PLN → 241,719.90 PLN) |
| 2022-09-15 | Share capital change (236,786.80 PLN → 238,014.40 PLN) |
| 2022-08-01 | Share capital change (236,692.10 PLN → 236,786.80 PLN) |
| 2022-01-27 | Share capital change (236,542.10 PLN → 236,692.10 PLN) |
FAQ
Last updated: 2026-08-25