Revenue Growth and Consistent Profit Decline: Analyzing the Business and Recent Issues of 11 bit studios

11 bit studios is one of Poland's most renowned companies, known for producing hits like Frostpunk and publishing indie titles from third-party developers. Today, the studio finds itself at a crossroads, facing a series of financial challenges. How it arrived at this point is the focus of today's article.

In our comprehensive article, we have closely examined:

• the sales and revenue of 11 bit studios' key games;
• the development and challenges of the company's publishing business, within which many projects remain unprofitable;
• 11 bit studios' financial performance over the past five years;
• why the company shows stable and impressive revenue growth, yet its profit declines;
• 11 bit studios' position in the stock market and issues with investors;
• a brief history of the development and cancellation of the ambitious game Project 8, including the losses incurred from its termination.