Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
CIG.WA
STRONG SELLREMOVECI Games SE · Communication Services · Poland · $156M · Avg Vol: $292K/d
CI Games is a highly cyclical, hit-driven video game developer with inconsistent cash flows and capital allocation. It lacks the structural moats, pricing power, and predictable compounding characteristics required for a concentrated high-conviction portfolio.
COMPANY DESCRIPTION
CI Games SE is an international developer and publisher of video games, best known for the 'Sniper Ghost Warrior' and 'Lords of the Fallen' franchises. The company's competitive position is driven by its established intellectual property and global multi-platform distribution capabilities. It operates as a mid-sized publisher targeting the premium AA/AAA gaming segments.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 16M | 65M | 22M | 20M | 9.2% |
| EPS | 0.01 | 0.01 | -0.01 | 0.01 | -20.6% |
| Shares | 183M | 183M | 191M | 191M | +4.3% |
| Debt | 6M | 17M | 5M | 14M | 32.4% |
| Equity | 39M | 41M | 42M | 43M | 3.6% |
| Op CF | 9M | 20M | 25M | 13M | 13.2% |
| Inv CF | -22M | -23M | -21M | -23M | — |
| Fin CF | 5M | 10M | -10M | 10M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Communication Services, ranked by industry match, size, and score similarity. Cross-listings of CIG.WA are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| CIG.WA | CI Games SE(you) | $156M | 10 | STRONG SELL |
| OML.WA | ONEMORE | $50M | 11 | STRONG SELL |
| PCF.WA | PCF Group Spólka Akcyjna | $43M | 25 | SELL |
| 11B.WA | 11 bit studios S.A. | $99M | 53 | HOLD |
| CRJ.WA | Creepy Jar S.A. | $100M | 71 | BUY |
| BLO.WA | Bloober Team SA | $138M | 85 | STRONG BUY |
| PLW.WA | PlayWay S.A. | $446M | 76 | BUY |
| BBT.WA | BoomBit S.A. | $23M | 59 | HOLD |
| GIF.WA | Gaming Factory S.A. | $8M | 40 | HOLD |
| GOP.WA | Games Operators S.A. | $22M | 61 | HOLD |
Peer medians: ROE 16.3% · P/E 12.0x · Gross margin 63.1%