Brief: 11 bit studios Q1 Net Profit Down At 3.6 Mln Zlotys

11 Bit Studios SA

14/05/2021 06:47

May 14 (Reuters) - 11 bit studios SA  11B.WA :
    * REPORTED ON THURSDAY Q1 NET PROFIT OF 3.6 MILLION ZLOTYS
VERSUS
16.5 MILLION ZLOTYS YEAR AGO
    * Q1 REVENUE 14.8 VERSUS 30.5 MILLION ZLOTYS YEAR AGO
    * Q1 EBITDA 6.4 MILLION ZLOTYS VERSUS 21.6 MILLION ZLOTYS
YEAR AGO
    * NON-CASH PROVISION IN AMOUNT OF 1 MILLION ZLOTYS CREATED
IN
RELATION WITH MOTIVATIONAL PROGRAMME FOR 2021-2025 HAD IMPACT ON
THE NET RESULT
    * THE ABOVE AMOUNT WILL ALSO LOWER PROFITS IN SUBSEQUENT
QUARTERS,
FROM Q1 2021 UNTIL Q4 2025

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM71wvDNa
    
 Further company coverage:  11B.WA  
   


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