Ten Square Games SA (WAR:TEN)

Q1 2026 Ten Square Games SA Earnings Call Transcript

May 12, 2026 / 10:00 AM GMT

Release Date Price: zł101.7 (-6.70%)

Transcript

Key Points

Positve

Ten Square Games SA (STU:1HQ) is focusing on growth by developing new games and expanding operations, with a new restrictive development model to ensure high market expectations.
The company successfully stabilized proceeds from its core games, Fishing Clash and Hunting Clash, and plans to improve early retention and monetization.
Real Flight Simulator has shown strong performance, ranking first in its segment, and continues to receive content and feature updates.
Wings of Heroes recorded over a 50% increase year-over-year for the third consecutive quarter, indicating strong growth potential.
Trophy Hunter is the fastest-growing title in the company's history, with a clear path towards monetization and plans to scale revenues.

Negative

The first quarter results were negatively impacted by fewer fisheries in Fishing Clash due to a five-week content cycle.
April's performance was affected by external factors such as better weather leading to decreased player engagement and reduced marketing spend.
Errors in LiveOps and a weak release in Fishing Clash contributed to poorer results in April.
The company faces challenges in monetizing Trophy Hunter due to limited in-game purchase options.
There is uncertainty regarding the break-even point for Trophy Hunter, with expectations that it may not occur until Q3 2026, depending on marketing expenditure.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TENP.WA - Ten Square Games SA
Q1 2026 Ten Square Games SA Earnings Call
May 12, 2026 / 10:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good afternoon, ladies and gentlemen.

Welcome to a conference summarizing the first quarter in 2026 at 10 Square Games. My name is Andrei Ilchuk. I'm the CEO.

I'm joined by Magdalena Ulevich, CFO.

Janos Djemidovich, CTO.

Good afternoon, and as always, Nina Grabos, responsible for relationships with shareholders.

Before we start commenting on the results for the first quarter, allow me to tell you a few words about our priorities for this and next year's.

First and foremost, we are planning on growing. As a gaming company, we are planning to grow, develop new games and expand our operation. This means that we improve and develop our existing titles. We are looking for new

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.