btlines

ARG NewConnect Periodic report · PAP Biznes

ART Games Studio SA (ARG) · Q2 2026 results

Share price: 1.40 zł · 2026-11-10

Results Q2 2026 vs Q2 2025 · year over year · published 13 Aug 2026 and 13 Aug 2025

Net loss widened year on year. The language turned more upbeat.

Only a basic analysis is available for this company at the moment.

1 · Numbers

Loss widened

Net income vs Q2 2025

Net income -196.8K vs -103.7K

2 · How the report reads

More upbeat

Language tone vs last period

Report language: upbeat for a company report — more upbeat than in Q2 2025.

Weak signal: formal report language, not a call.

3 · What stood out

Key theme

The company sells products globally via digital distribution, primarily through Steam, which is the largest PC game distributor in the world.

Read between the lines

No major shifts flagged this period.

Tone

How upbeat the language was, compared with other companiesiTone counts positive minus negative finance words, adjusted for length. Executives mostly speak positively, so the labels compare each call with every company's latest call: “typical” is the middle third, “very upbeat” the top tenth, “cautious” the bottom tenth.. Dot: Q2 2026. Ring: Q2 2025.

Report language Upbeat (was typical)

Upbeat for a company report — more upbeat than in Q2 2025. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.

Sentences that drove the tone
“Despite a noticeable decline in revenue from outsourcing activities, the Management Board maintains the development of this part of the operating business, and the Company will continue to develop in this direction.”
“The Management Board assumes that the potential implementation of the above development directions will enable the diversification of revenue sources and an increase in the scale of operational activities in the long term.”

Full figures

PLN · PAP Biznes report (2026-08-13)

Metric Q2 2026 Q2 2025 Change
Gross profit -107.3K -113.2K Loss narrowed
Net income -196.8K -103.7K Loss widened
P/E today 124.2 57.0 12-mo loss —

Topics

Topics are drawn from the full report text, not management commentary.

Most discussed now

  • This situation was influenced by lower sales revenues and work of type
  • The Management continues to seek orders and maximize revenue from this area.
  • In the event of successful negotiations and the conclusion of definitive agreements, the Company may expand its operations into the…

Faded since Q2 2025

  • Nothing dropped away.

Latest announcements

Official filings, newest first.

Similar companies

Communication Services · Electronic Gaming & Multimedia
All Communication Services companies →