ICG NewConnect Periodic report · PAP Biznes
ICE Code Games SA (ICG) · FY 2024 results
Share price: 0.07 zł · 2026-11-10
Results FY 2024 vs FY 2023 · year over year · published 21 Mar 2025 and 18 Mar 2024
Net loss widened year on year. The language turned more cautious.
Only a basic analysis is available for this company at the moment.
1 · Numbers
Loss widened
Net income vs FY 2023
Net income -12.3M vs -2.4M
Revenue +45.8%
2 · How the report reads
More cautious
Language tone vs last period
Report language: restrained for a company report — more cautious than in FY 2023.
Weak signal: formal report language, not a call.
3 · What stood out
New
The company intends to apply for the admission of Series J shares to trading on the NewConnect market.
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: FY 2024. Ring: FY 2023.
Restrained for a company report — more cautious than in FY 2023. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.
Sentences that drove the tone
“That is also why there is a risk of insufficient promotion/highlighting on distributors' platforms, which may lead to reduced interest in the Issuer's title, and thereby a reduction in the revenues achieved.”
“Although the Company's financial condition is challenging, the Management believes that the implementation of the new strategy will allow the Company to properly respond to industry challenges and build long-term value for the Shareholders.”
“There is therefore a risk that illegal activities not detected by the Issuer and distributors will cause a decline in sales results, which may negatively impact the future financial situation of the Capital Group and its image.”
Full figures
PLN · PAP Biznes report (2025-03-21)
| Metric | FY 2024 | FY 2023 | Change |
|---|---|---|---|
| Revenue | 7.0M | 4.8M | +45.8% |
| Gross profit | -6.9M | -296.6K | Loss widened |
| Operating income | -11.9M | -2.1M | Loss widened |
| Net income | -12.3M | -2.4M | Loss widened |
| P/E | 12-mo loss | 12-mo loss | — |
Topics
Topics are drawn from the full report text, not management commentary.
Most discussed now
- New Expressing opposition to the admission to trading in the alternative system of the financial instruments covered by the Issuer's application
- New 176a of the Act on Trading, in the event that the issuer fails to perform or improperly performs the obligations resulting from Art.
- New Limited liquidity of the Issuer's shares may lead to problems resulting from the inability of the Investor to sell the Issuer's shares at…
- New At the request of the issuer of the shares – in the event that the exclusion of these shares from trading occurs in connection with their…
- New The market price of the Issuer's shares may also change, among other factors, due to the improvement or deterioration of the Issuer's…
Faded since FY 2023
- Nothing dropped away.
Latest announcements
Official filings, newest first.
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