Farm 51, PLFRM5100028

Farm 51 stock seeks recovery of unpaid Chernobylite debt

Published on 09/30/2026 at 12:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Farm 51's September 16 filing targets unpaid Chernobylite receivables of PLN 4,513,201.63. Q2 revenue reached PLN 2,122,888, while net income was negative PLN 415,371.

Farm 51, PLFRM5100028, Illustration mit AI erstellt.
Farm 51, PLFRM5100028, Illustration mit AI erstellt.

Farm 51 stock is being defined by a PLN 4,513,201.63 receivable tied to Chernobylite and a creditor petition filed on September 16, 2026. The filing targets All In! Games, a restructuring partner that did not pay the first installment under an approved arrangement, according to Bankier.pl.

Receivable drives the legal action

Farm 51 said the receivable arose from the release and distribution of Chernobylite. The approved arrangement covers 50 percent of the principal claim through 24 monthly installments, and the first installment due in August 2026 remained unpaid, PAP Biznes reported on September 16, 2026.

The petition also sought joint consideration of related arrangement and bankruptcy proceedings, alongside protective measures over All In! Games assets. For Farm 51, the outcome depends on court decisions, the partner's assets and the amount ultimately recovered.

Q2 figures show operating pressure

The latest quarterly data add a second pressure point. In Q2 2026, Farm 51 reported PLN 2,122,888 in revenue, negative PLN 415,371 in net income and PLN 957,720 in EBITDA, according to Stockd.

For the first half of 2026, revenue stood at PLN 5,179,605 and net income at negative PLN 206,001. Cash was PLN 279,596, while current liabilities reached PLN 12,855,922, making liquidity a central measure as the restructuring process continues.

Farm 51 stays tied to restructuring

The company operates in the video game industry and develops titles including Chernobylite, according to TipRanks. Its Q2 2026 figures show EBITDA of PLN 957,720 against an operating loss of PLN 361,441, so cash conversion and creditor outcomes matter more than headline EBITDA alone.

Farm 51 key facts

  • Company: The Farm 51 Group S.A.
  • ISIN: PLFRM5100028
  • Ticker: F51
  • Primary exchange: NewConnect
  • Sector / Industry: Video games
  • Latest reported period: Q2 2026

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