Games Operators SA
Games Operators S.A., a publishing company, invests, releases, and promotes video games. The company also engages in the production and sale of games and applications for PCs, Macs, and mobile platforms with iOS and Android operating systems, as well as for gaming consoles such as PlayStation, Xbox, and Nintendo Switch. The company was incorporated in 2019 and is based in Warsaw, Poland.
Games Operators SA (GOP) - Net Assets
Latest net assets as of September 2025: zł26.61 Million PLN
Based on the latest financial reports, Games Operators SA (GOP) has net assets worth zł26.61 Million PLN as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł30.77 Million) and total liabilities (zł4.16 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł26.61 Million |
| % of Total Assets | 86.47% |
| Annual Growth Rate | N/A |
| 5-Year Change | 65.98% |
| 10-Year Change | N/A |
| Growth Volatility | 95.0 |
Games Operators SA - Net Assets Trend (2016–2024)
This chart illustrates how Games Operators SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Games Operators SA (2016–2024)
The table below shows the annual net assets of Games Operators SA from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł29.35 Million | +68.09% |
| 2023-12-31 | zł17.46 Million | -12.74% |
| 2022-12-31 | zł20.01 Million | +5.06% |
| 2021-12-31 | zł19.05 Million | +7.71% |
| 2020-12-31 | zł17.68 Million | +65.38% |
| 2019-12-31 | zł10.69 Million | +125.05% |
| 2018-12-31 | zł4.75 Million | +283.45% |
| 2017-12-31 | zł1.24 Million | +24880.00% |
| 2016-12-31 | zł-5.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Games Operators SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2115400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł21.14 Million | 72.04% |
| Common Stock | zł550.00K | 1.87% |
| Other Comprehensive Income | zł2.58 Million | 8.80% |
| Other Components | zł5.07 Million | 17.28% |
| Total Equity | zł29.35 Million | 100.00% |
Games Operators SA Competitors by Market Cap
The table below lists competitors of Games Operators SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pipe Works L. Girakian Profil S.A.
AT:PROFK
|
$2.80 Million |
|
Surefire Resources NL
AU:SRN
|
$2.81 Million |
|
Brite Tech Bhd
KLSE:0011
|
$2.81 Million |
|
Asiaplast Industries Tbk
JK:APLI
|
$2.81 Million |
|
Quest Water Global Inc
PINK:QWTR
|
$2.80 Million |
|
GUNGNIR RES INC.
F:AMO1
|
$2.80 Million |
|
INTERDIGITAL
BE:IDI
|
$2.80 Million |
|
RPM Automotive Group Ltd
AU:RPM
|
$2.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Games Operators SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,460,000 to 29,349,000, a change of 11,889,000 (68.1%).
- Net income of 13,044,000 contributed positively to equity growth.
- Dividend payments of 1,155,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł13.04 Million | +44.44% |
| Dividends Paid | zł1.16 Million | -3.94% |
| Other Comprehensive Income | zł-1.00K | -0.0% |
| Other Changes | zł1.00K | +0.0% |
| Total Change | zł- | 68.09% |
Book Value vs Market Value Analysis
This analysis compares Games Operators SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.94x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | zł0.00 | zł10.36 | x |
| 2017-12-31 | zł0.25 | zł10.36 | x |
| 2018-12-31 | zł0.95 | zł10.36 | x |
| 2019-12-31 | zł2.00 | zł10.36 | x |
| 2020-12-31 | zł3.35 | zł10.36 | x |
| 2021-12-31 | zł3.51 | zł10.36 | x |
| 2022-12-31 | zł3.64 | zł10.36 | x |
| 2023-12-31 | zł3.23 | zł10.36 | x |
| 2024-12-31 | zł5.34 | zł10.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Games Operators SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 44.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.05%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.14x
- Recent ROE (44.44%) is above the historical average (28.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | zł-9.50K |
| 2017 | 60.45% | 80.80% | 0.65x | 1.15x | zł625.10K |
| 2018 | 73.92% | 82.65% | 0.88x | 1.01x | zł3.04 Million |
| 2019 | 39.57% | 64.65% | 0.60x | 1.02x | zł3.16 Million |
| 2020 | 0.23% | 0.50% | 0.43x | 1.03x | zł-1.73 Million |
| 2021 | 12.96% | 24.10% | 0.50x | 1.08x | zł563.50K |
| 2022 | 16.70% | 55.73% | 0.26x | 1.14x | zł1.34 Million |
| 2023 | 4.30% | 15.84% | 0.20x | 1.34x | zł-995.00K |
| 2024 | 44.44% | 45.05% | 0.86x | 1.14x | zł10.11 Million |
Industry Comparison
This section compares Games Operators SA's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $41,418,772
- Average return on equity (ROE) among peers: 12.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Games Operators SA (GOP) | zł26.61 Million | 0.00% | 0.16x | $2.80 Million |
| 11 bit studios S.A (11B) | $7.92 Million | 12.73% | 0.10x | $66.79 Million |
| All In! Games S.A. (ALG) | $-55.00K | 0.00% | 0.00x | $9.90 Million |
| Artifex Mundi SA (ART) | $107.90 Million | 25.40% | 0.24x | $28.67 Million |
| BoomBit S.A (BBT) | $73.91 Million | 6.81% | 0.65x | $3.20 Million |
| Big Cheese Studio S.A. (BCS) | $20.78 Million | 60.09% | 0.10x | $5.92 Million |
| Bloober Team SA (BLO) | $95.87 Million | 2.70% | 0.43x | $71.71 Million |
| CI Games SA (CIG) | $83.64 Million | -19.42% | 0.41x | $75.00 Million |
| Creepy Jar SA (CRJ) | $2.37 Million | -26.79% | 0.19x | $74.92 Million |
| Drago entertainment S.A. (DGE) | $14.42 Million | 25.22% | 0.18x | $1.91 Million |
| Gaming Factory S.A. (GIF) | $7.43 Million | 37.22% | 0.02x | $3.79 Million |