Relationships with debuts
New listing of ATOMIC JELLY S.A. on NewConnect
The company ATOMIC JELLY S.A. was newly listed on NewConnect on 9 February 2021.
ATOMIC JELLY S.A. is the 374th company listed on NewConnect and the third new listing on NewConnect in 2021.
Key information
|
company name |
ATOMIC JELLY S.A. |
|
seat |
Poznań |
|
companies on NC |
374 |
|
new listings on NC in 2021 |
3 |
|
business sector |
Gaming |
|
companies in the sector |
41 |
|
core business |
Atomic Jelly S.A. operates a video game business as a producer of own games and a game publisher |
|
subscription/sale (Y/N, private/public) |
Sale of shares: 1,061,566 series A shares
|
|
offering value |
Offering of series A shares: PLN 4,447,233 |
|
issue price |
Selling price of series A shares: from PLN 2.32 to PLN 10.3 |
|
reference price |
PLN 4.70 |
|
company valuation* |
PLN 12,137,750 |
|
% of shares introduced |
100% |
|
value of introduced instruments* |
PLN 12,137,750 |
|
% free float (under 5% in shares subject to the application) |
52.54 % |
|
free float value (in shares subject to the application*) |
PLN 6,377,279,6 |
|
% free float (under 5% in all shares) |
52.54 % |
|
free float value (in all shares)* |
PLN 6,377,379.6 |
|
number of shareholders |
117 |
|
Authorised Advisor (introduction to trading on NewConnect) |
Abistema Kancelaria Doradcza sp. z o. o. |
|
Market Maker |
Dom Maklerski BDM S.A. |
|
relations with other companies on NC |
PlayWay S.A. (Main Market), currently a shareholder of the Issuer holding 1,060,632 shares which represent 41.07 percent of the share capital |
*at the reference price
Issuer’s history and business
The Issuer was established in the transformation of Atomic Jelly sp. z o.o. into Atomic Jelly S.A.
In 2017, the Issuer carried out a crowdfunding campaign for the game Project Remedium on kickstarter.com.
In 2018, the Issuer carried out a crowdfunding campaign for the game 303 Squadron: Battle of Britain on kickstarter.com.
In 2019, the Issuer carried out a crowdfunding campaign for the Company and raised PLN 2,563,000.
Until September 2019, the Issuer operated solely as a producer (developer) of games published by third parties. The Issuer developed two games for third parties: Project Remedium and 303 Squadron: Battle of Britain. The production of Battle of Britain was financed by the publisher and the Issuer had no share in commercialisation revenues.
In 2019, the Issuer started to operate also as a publisher. The Issuer’s publishing business is limited to games in which the Issuer hold the copyright.
Games published by the Company:
1. Project Remedium
2. 303 Squadron: Battle of Britain
3. Train Mechanic Simulator 2017
The Issuer acquired the copyright in the games Project Remedium and 303 Squadron: Battle of Britain from Movie Games S.A. on 13 March 2020.
The Issuer acquired the copyright in the game Train Mechanic Simulator 2017 from PlayWay S.A. on 13 March 2020.
Business strategy
The Issuer’s development strategy is focused on the production and publication of games as follows:
1. publication of one or two mid-budget games (mainly simulators) per year, including own production of at least one game per year;
2. development of the portfolio of games from PC games to Nintendo Switch, PlayStation and Xbox games;
3. gradual expansion of the Company’s team.
Issuer’s selected financials (PLN):
|
|
Q1-3 2020 |
2019 |
2018 |
|
equity |
2,587,385.34 |
2,700,561.63 |
758,395,63 |
|
liabilities and provisions |
11,376.93 |
10,149.34 |
125,804.65 |
|
total assets |
2,598,762.27 |
2,710,710.97 |
884,200.28 |
|
revenue - incl. change of inventory |
376,392.18 318,007.86 |
632,030.90 601,650.91 |
550,047.20 270,754.93 |
|
net profit |
-113,176.29 |
-80,434.00 |
-78,138.58 |
|
total net cash flows |
-534,777.07 |
1,050,885.17 |
84,750.45 |
|
cash flows – closing balance |
619,046.63 |
1,153,823.70 |
102,938.58 |
The Issuer’s share capital recorded in the business register is PLN 258,250 divided into 2,582,500 series A ordinary bearer shares with a nominal value of PLN 0.10 per share.
Sale of shares:
Twelve shareholders of the Issuer, including four shareholders related to the Issuer, sold shares since the joint-stock company was established on 9 December 2019. There were 115 such transactions in 1,036,093 shares of the Issuer in aggregate. The selling price ranged from PLN 2.32 to PLN 10.30.
The total value of the transactions was PLN 4,447,233 including PLN 2,563,000 raised in a crowdfunding campaign.
Shareholders:
|
Shareholder |
Number of shares |
Number of votes |
% stake in share capital |
% stake in votes |
|
PlayWay S.A. |
1,060,632 |
1,060,632 |
41.07% |
41.07% |
|
Bartosz Rakowski |
165,000 |
165,000 |
6.39% |
6.39% |
|
Other |
1,356,868 |
1,356,868 |
52.54% |
52.54% |
|
TOTAL |
2,582,500 |
2,582,500 |
100.00% |
100.00% |
Financial instruments introduced to NewConnect:
- 2,582,500 series A ordinary bearer shares