Relationships with debuts

New listing of PRESIDENT STUDIO S.A. on NewConnect

2025-06-12 17:36:39

A new gaming company has joined the capital market. President Studio, known for productions including “I Am Your President” and “Crime Scene Cleaner”, has been newly listed on NewConnect. Its share price rose by more than 100 percent on the first trading day, reflecting the strong interest of investors. President Studio has joined those companies in the technology and gaming sector that are growing thanks to their presence on the Warsaw Stock Exchange.

During the first trading day, President Studio’s share price rose to PLN 117, an impressive 130% jump on the reference price. This is the most successful new listing on NewConnect in a long time, confirming the strong interest of investors and the company’s potential in the rapidly growing gaming industry. President Studio has joined a sector which includes nearly 80 gaming companies and is one of the most active segments on the Warsaw Stock Exchange.

This is the fourth new listing on NewConnect in 2025 and the 361st company listed on the market. President Studio joins a strong gaming industry on NewConnect. The company has been very successful with its games and has an appetite for much more. We wish it good luck and the fulfilment of its plans,” said Agnieszka Góral, Deputy Director of the GPW Listing Department.

The President Studio team has proven that it knows how to successfully combine creativity with business efficiency. Operating as part of the PlayWay Group, the company is consistently building its position in the segment of low- and medium-budget productions, and it is planning as many as three premieres on Steam in the coming months.

Thank you very much for this listing, which is clearly taking place in positive green colours. It is an important breakthrough and a milestone for us. I hope that there will be more such steps and that we will meet here again in some time, for a new listing on the Main Market. All I can say now is that shareholders can look forward to the payment of dividends,” said Karol Konieczko, President of the Management Board of President Studio.

For the company, its new listing on the NewConnect brings not only an opening to new capital but also the outlook of further steps towards continued expansion and professionalisation of operations. Investors can expect new projects and dividends, which is not often the case with young and innovative companies.

 

Key information

company name

President Studio S.A.

ticker/short name

PRE/PRESIDENT

website

https://president-studio.com/pl/

seat

Warsaw

core business

President Studio S.A operates in the gaming industry.

new listings on NC in 2025

4

companies listed on NC

361

business sector

Gry

companies in the sector

76

offering/sale*

Public offering of 43,000 series B shares;

Other sales of shares in the past 12 months: 47,545 shares

offering/sale value*

Value of the offering of series B shares: PLN 2,494,000.00

Value of sales of shares in the past 12 months: PLN 2,411,957.85

issue/selling price*

Price of series B shares: PLN 58.00

company valuation*

PLN 52,911,390.00

value of introduced instruments**

PLN 45,261,052.35

% free float (below 5% in shares subject to the application)

21.1%

free float value*

PLN 9,547,132.35

% free float (below 5% in all shares)

20.160%

free float value* in all shares

PLN 10,668,975.57

number of shareholders (shares subject to the application)

97 (90 unrelated parties)

 

Authorised Advisor

Blue Oak Advisory sp. z o.o.

Relations with other companies listed on NC/MM

PlayWay S.A. listed on the Main Market is the main shareholder of the Issuer holding 67.50% of the votes and shares

* based on the issue price of series B shares and the weighted average value of all transactions in the past 12 months, equal to PLN 50.73; the reference price for the first day of trading proposed by the Authorised Adviser and the Market Maker is equal to that amount

Issuer’s history and business

The legal predecessor of the Issuer, President Studio sp. z o.o., was established on 17 August 2018. The founders of the company included Mr Karol Konieczko, Mr Grzegorz Żak, and Mr Mikołaj Szubzda.

On 30 September 2020, a shareholders’ resolution was passed to transform President Studio sp. z o.o. into President Studio S.A.

President Studio S.A. operates in the segment of low- and medium-budget productions. The company is part of the PlayWay S.A. Group and uses this advantage in many aspects of its operations.

The Issuer has produced and marketed two PC video games:

  • The game “I Am Your President” was released on 27 February 2023;
  • The game “Crime Scene Cleaner” was released on 14 August 2024.

The Company is the producer and publisher of both games.

The Company is planning three launches of its own games on the PC/Steam platform. The Company owns the property rights in two games (Celestial Empire and Ship Builder). The game Viking City Builder is being produced under contract for PlayWay SA.

Selected financials of the Issuer (PLN):

 

Q1 2025

31.12.2024

31.12.2023

Equity

23 520 448.32

18 856 690.35

2 884 855.84

Liabilities and provisions

226 115.98

676 462.07

1 049 137.10

Total assets

23 746 564.30

19 533 152.42

3 933 922.94

Net revenue

5 844 916.31

19 416 291.08

 

1 269 070.40

Net profit

4 663 757.97

15 971 834.51

(104 028.70)

Total net cash flows

4 527 770.99

11 320 580.52

 

(50 041.97)

Cash – closing balance

16 076 616.17

11 548 845.18

228 264.66

 

Shareholders (equity and votes)

Shareholder

Share series

Number of shares

Number of votes

% shares

% votes

PlayWay S.A.

A

704,000

704,000

67.50%

67.50%

Karol Konieczko

A

69,943

69,943

6.71%

6.71%

Grzegorz Żak

A

58,748

58,748

5.63%

5.63%

Other*

A, B

210,309

210,309

20.16%

20.16%

Total

A, B

1,043,000

1,043,000

100.00%

100.00%

*including the Market Maker, in the performance of the obligation under § 7(4) of the Alternative Trading System Rules

Source: Issuer

Financial instruments newly listed on NewConnect: 849,195 series A ordinary bearer shares and 43,000 series B ordinary bearer shares