Net profit soared by 3420.1% — 11 bit studios reported a record-breaking first nine months of 2024

The year 2024 has already become the best in the history of 11 bit studios in terms of revenue. The Polish company reported that from January to September 2024, it earned more than the entire record-setting year of 2020.

Frostpunk 2

• The net profit of 11 bit studios for the first nine months of 2024 was 47.53 million PLN (11.6 million USD). This is an increase of 3420.1% compared to the same period in 2023.
• The company's revenue for January-September 2024 rose by 211.1% to 106.6 million PLN (26 million USD). The lion's share of this amount was earned in the third quarter — 75.9 million PLN (18.5 million USD), which is 695.7% higher than the previous year.
• In comparison, in the record-breaking year of 2020, the net profit of 11 bit studios for the entire year was 37.3 million PLN (9.1 million USD), and the revenue was 87.1 million PLN (21.2 million USD).
• Frostpunk 2 is the main growth driver. By September 30, the game had brought 11 bit studios 52.33 million PLN (12.8 million USD).
• The first part of Frostpunk generated an additional 22.2 million PLN (5.4 million USD) in the first nine months of 2024.
• The revenue for January-September 2024 from The Thaumaturge amounted to 6.8 million PLN (1.66 million USD), from Creatures of Ava — 6 million PLN (1.47 million USD), and from INDIKA — 4.87 million PLN (1.19 million USD).
• Regarding geographical distribution, 83.6% of 11 bit studios' revenue came from the USA. The company earned another 9.15% in the UK, 2.13% in Hong Kong, 1.97% in Poland, and 1.89% in Japan.