PlayWay (PLW) Q3 2025 earnings summary

Executive summary

• Net profit for the first nine months of 2025 was PLN 102.3 million, down from PLN 158.8 million year-over-year, with a significant decrease in operating profit and EBITDA compared to the same period in 2024.

• Revenue for the period was PLN 216.5 million, a slight decrease from PLN 222.7 million year-over-year.

• The group distributed a record dividend of PLN 22.55 per share, totaling PLN 148.8 million, paid in July 2025.

• Major game releases included "Wrap House Simulator" and "Crime Simulator," both positively received and contributing to results.

Financial highlights

• Operating profit for the period was PLN 116.8 million, down from PLN 145.1 million year-over-year.

• EBITDA reached PLN 118.1 million, compared to PLN 146.3 million in the prior year.

• Net cash from operating activities was PLN 99.0 million, down from PLN 114.2 million year-over-year.

• Net cash from investing activities was PLN 63.5 million, down from PLN 80.0 million year-over-year.

• Net cash from financing activities was negative PLN 175.0 million, reflecting the high dividend payout.

• EPS for the period was PLN 11.88, down from PLN 20.00 year-over-year.

Outlook and guidance

• Key factors for the next quarter include FX volatility (USD, EUR), new game releases, and market reception of upcoming titles.

• No official financial guidance for 2025 was published.