Vivid Games reports a first-half loss: what it means for Vivid Games stock

Published on 10/05/2026 at 06:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 8.10 percent to PLN 7.64 million in first half 2026. For Vivid Games stock, cash was PLN 0.29 million at June 30, 2026.

Vivid Games, PLVVDGM00014, Illustration mit AI erstellt.

Vivid Games (ISIN PLVVDGM00014) reported a PLN 1.30 million net loss for the first half of 2026, an improvement from PLN 2.02 million a year earlier, according to GPW Alert on September 17, 2026. The figures make the half-year report the key reference for Vivid Games stock, with operating improvement offset by falling revenue and tighter liquidity.

Revenue fell while losses narrowed

According to GPW Alert, total revenue reached PLN 7.64 million in the first half of 2026, down 8.10 percent from PLN 8.31 million in the first half of 2025. The operating loss narrowed to PLN 0.65 million from PLN 2.01 million, a 67.80 percent improvement.

EBITDA, a measure of operating performance before interest, taxes, depreciation and amortization, was negative PLN 0.13 million in the first half of 2026 versus negative PLN 0.98 million a year earlier. That 86.80 percent improvement shows lower operating pressure, but the revenue decline limits the strength of the recovery.

Liquidity remains the central risk

The balance sheet adds a sharper warning. Cash fell to PLN 0.29 million as of June 30, 2026, from PLN 3.49 million at the end of 2025, a 91.60 percent decline, while equity dropped to PLN 3.33 million from PLN 4.63 million. Long-term liabilities rose to PLN 9.78 million from PLN 9.40 million.

Vivid Games dated the half-year report September 17, 2026. The company is continuing work on Real Boxing 3, while Real Boxing 2 is being developed for Apple Arcade and Real Boxing VR: Road to Riyadh is planned for the first half of 2027, according to the report carried by GPW Alert.

Warsaw quote and investor takeaway

On the Warsaw Stock Exchange, Vivid Games was quoted at PLN 0.62 on October 2, 2026, with a plus 3.00 percent session change. The half-year figures leave liquidity and successful game launches as the two measurable conditions for a stronger operating recovery.