Polish game developer reveals results. "There is uncertainty in the market."
In the first half of the year, Ten Square Games had consolidated net revenues of PLN 181.09 million, compared to PLN 198.12 million a year ago.
Net profit in this period amounted to PLN 47.44 million, while in the same period of the previous year it was PLN 39.96 million.
On a standalone basis, revenues reached PLN 152.55 million, compared to PLN 176.71 million a year ago. Net profit exceeded PLN 54.78 million, compared to PLN 46.97 million in the same period of 2024.
In line with the company's strategy presented at the beginning of the year, TGS intends to make acquisitions and organically develop flagship mobile games.
In 2026, the strategy will focus on acquisitions to expand the portfolio, adding new games through organic activities and acquisitions, and replicating the success of flagship titles in new projects, commented Andrzej Ilczuk, CEO of Ten Square Games.
According to the CEO, in 2025 we can observe a situation in which the mobile games market is in a transitional form and there is uncertainty.
The company's main shareholder is the TSG Shareholders' Agreement (30.41%). Ten Square Games has been listed on the stock exchange since May 2018.
Journalist, graduate of political science at the Faculty of Law and Administration of the Jagiellonian University. Associated with the media for over 40 years. After graduating in 1982, he worked on the editorial staff of "Gazeta Krakowska" and "Kurier Polski." A member of the editorial team of "Przegląd Techniczny." He has published articles in "Student," "Przekrój," and "Życie Literackie." Since the economic and political transformation, he has been associated with Reuters as a correspondent in Krakow for over 20 years. For the next three years, he conducted practical classes with students at the Institute of Journalism, Media, and Social Communication of the Jagiellonian University. Since December 2021, he has joined the PTWP Group and works for the WNP.PL portal. His main professional interests include economics and politics at the global level and the participation of Polish business in this field, particularly companies listed on the Warsaw Stock Exchange. Winner of the "Ostra Pióra" award, granted for "spreading economic education" by the BCC, as well as the Golden Pear - a journalistic award of the Małopolska Branch of the Association of Journalists of the Republic of Poland.
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