Overview
Starward Industries is an independent game development studio that specializes in premium indie titles. They are known for creating immersive games inspired by literature and culture, with their debut title being "The Invincible," a story-driven adventure based on the works of Stanisław Lem. The studio was founded by experienced developers who have worked on acclaimed games like The Witcher 3 and Cyberpunk 2077.
Financials
Revenue history (in k)
Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.
Stock quotes
- Open
- PLN 7.50
- High
- PLN 7.50
- Low
- PLN 7.48
- Volume
- 685
- Avg. vol.
- 876.8
- Market cap
- PLN 15.69M
- P/E ratio
- –
- EPS
- -PLN 0.62
- Shares outstanding
- 2.1M
- 52-week
- PLN 6.64 – 7.58
- Dividend yield
- –
- Dividend
- –
- Ex dividend date
- –
- ISIN
- PLSTRWI00019
- Exchange
- NewConnect
Quarterly results
| Period | Revenue | EBIT | Net profit |
|---|---|---|---|
| Q2 2026 | USD 86.98k | USD -102.65k | USD -102.38k |
| Q1 2026 | USD 93.73k | USD -82.93k | USD -79.15k |
| Q4 2025 | USD 111.00k | USD -84.63k | USD -72.83k |
| Q3 2025 | USD 84.38k | USD -81.12k | USD -86.89k |
Results for Q3 2026:Nov 16, 2026
Statistics
How the company ranks by revenue within its industry, region and across Poland in 2025.
Results vs industry
News
Industry
Bank accounts
Registered as a VAT taxpayer on 2018-09-14. Active
27 1050 1445 1000 0090 8167 6745- 23 1050 1445 1000 0090 3161 9191
- 98 1050 1445 1000 0090 8062 5248
Debt
No entries in the National Debtors Register (KRZ). No proceedings in KRZ
MSiG notices
| Publication date | Event | |
|---|---|---|
| Aug 5, 2020 | Shareholders' meeting convened |
Public aid
14 public aid cases recorded, with a total value of $188,048.
| Grant date | Purpose | Gross amount | Granting body | |
|---|---|---|---|---|
| Aug 8, 2023 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | $95,190$95,190 | CENTRUM ROZWOJU PRZEMYSŁÓW KREATYWNYCH | |
| Mar 31, 2023 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | $14,469$14,469 | Krakowski Park Technologiczny sp. z o.o. | |
| Apr 1, 2022 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | $13,638$13,638 | Krakowski Park Technologiczny sp. z o.o. |
Tenders
No recorded participation in tenders.
Authorized Representatives
Manner of representation
In the case of a one-person management board, the member of the management board is authorised to represent the company independently. In the case of a multi-member management board, two members of the management board acting jointly, or one member of the management board acting jointly with a commercial proxy, are authorised to represent the company. The consent of the supervisory board is required for disposing of a right or incurring an obligation with a value exceeding PLN 500,000.00 (five hundred thousand zlotys).
Supervisory board
Beneficial owners
| Person | Rights |
|---|---|
Competitors
| Name | Revenue | Website | ||
|---|---|---|---|---|
| Played With Firesp. z o.o. | $1,077,105.01 | playedwithfire.com | ||
| Pretty SoonS.A. | $1,010,575.42 | prettysoon.games | ||
| Spacewalkerssp. z o.o. | $725,168.53 | spacewalkers.games | ||
| Spacerocket GamesS.A. | $658,021.63 | spacerocket.games | ||
| VILE Monarch Servicessp. z o.o. | $578,204.10 | vilemonarch.com | ||
| Punch PunkS.A. | $453,455.21 | punch-punk.com | ||
| One More LevelS.A. | $431,422.17 | omlgames.com | ||
| Illusion RayS.A. | $321,410.94 | illusionray.com | ||
| Angry Bulls StudioS.A. | $253,172.97 | angrybulls.pl | ||
| Devheart Gamessp. z o.o. | $138,224.11 | devheart.games |
Change history
| Date | Event | |
|---|---|---|
| 2025-10-07 | Share capital change (253,629.35 PLN → 272,765.35 PLN) | |
| 2022-10-06 | Share capital change (243,879.35 PLN → 253,629.35 PLN) | |
| 2021-03-18 | Share capital change (240,240.00 PLN → 243,879.35 PLN) | |
| 2020-11-25 | Share capital change (234,000.00 PLN → 240,240.00 PLN) | |
| 2020-01-21 | Share capital change (224,509.35 PLN → 234,000.00 PLN) |
FAQ
Last updated: 2026-07-16