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Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
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CI Games (CIG) investor relations material
CI Games Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary19 Sep, 2025
Executive summary
Revenue for H1 2025 was 41,168k PLN, down from 58,333k PLN in H1 2024, reflecting no major game releases in 2025 and seasonality in the business.
Net profit rose to 10,849k PLN in H1 2025 from 2,660k PLN in H1 2024, driven by lower costs and a tax credit.
The group continues to focus on game development, with no new releases planned for 2025, and expects lower revenues for the year.
Financial highlights
Gross margin improved to 48% in H1 2025 (19,899k PLN gross profit on 41,168k PLN revenue) from 29% in H1 2024.
Operating profit increased to 8,185k PLN from 3,129k PLN year-over-year.
Net cash from operating activities was 36,510k PLN, up from 28,681k PLN in H1 2024.
Cash and equivalents at period end were 8,506k PLN, up from 6,287k PLN at 2024 year-end.
Total assets grew to 259,694k PLN from 233,958k PLN at 2024 year-end.
Outlook and guidance
No major game releases are planned for 2025, leading to expected lower revenues compared to 2024.
The group plans to finance operations through operating cash flow, bank loans, and advances from Epic Games for the next game in the "Lords of the Fallen" series.
Net profit up, revenue down. Explain drivers.
Game dev investment & Epic Games advance.
Amortization drop: sustainable profit driver?
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Q3 202527 Nov, 2025
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Frequently asked questions
CI Games S.A., formerly known as City Interactive, is a Polish video game development and publishing company. It specializes in producing and distributing games for various platforms, including PlayStation, Xbox, and PC. Some of its most notable titles include the Sniper Ghost Warrior series and the fantasy RPG Lords of the Fallen. The company operates globally, with additional studios and offices in Spain, the UK, and the US. The company is headquartered in Warsaw, Poland, and its shares are listed on the Warsaw Stock Exchange.
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