CI Games continues to reinforce its financial and organizational standing, posting stable results for the first three quarters of 2025. In August, the company unveiled the first trailer for Lords of the Fallen II. It is currently finalizing a new credit facility to strengthen liquidity and is closing key commercial processes.
The CI Games Group ended the first nine months of 2025 with stable financial results, generating 51.9 million PLN in revenue, 21.8 million PLN in EBITDA, and 0.9 million PLN in net profit. Despite lower year-on-year sales — a natural consequence of the time elapsed since the launch of Lords of the Fallen — the company maintains a strong cash position. Operating cash flow reached 43.4 million PLN, confirming effective portfolio management and the stability of the Group’s business model.
Lords of the Fallen remains the largest source of revenue, accounting for 58% of sales in the reporting period. The Sniper Ghost Warrior Contracts series generated 20%, while Tails of Iron 2 — released in January 2025 — contributed 10%. Titles published by United Label represented 16% of total revenue.
“The past quarter has been a period of extremely intensive work on our key projects, including Lords of the Fallen II. We have begun polishing the game while continuing to produce content for it. The key Beta milestone is scheduled for March 2026,”
says Marek Tymiński, CEO of CI Games SE.
The first trailer for Lords of the Fallen II, released in August, has generated over 8.6 million views across social media platforms and significantly increased interest in the project. During Gamescom, selected business partners also had the chance to view pre-alpha footage developed in Unreal Engine 5. The project has entered another critical phase of development, strengthening the foundations of the entire franchise.
CI Games continues to strengthen its financial position. On 25 November 2025, the company signed its first credit agreement with Santander Bank Polska — a revolving credit facility worth EUR 1.7 million, intended to support ongoing operational activities.
The company is steadily investing in three strategic projects:
- Lords of the Fallen II,
- the next installment of the Sniper Ghost Warrior franchise,
- and Project H.
The intensification of production work, financial stability, and continuous organizational optimization form a solid foundation for the company’s upcoming major release — a milestone expected to shape the Group’s development in the years ahead.
“The soulslike genre has grown significantly over the past two years and is now practically mainstream. At the same time, the game development process brings us closer to players than ever before. I am pleased with the increasingly visible potential of Lords of the Fallen II and with the progress being made on the game,”
adds Marek Tymiński.
Source: managerplus.pl
