The declining debut of a game developer

At the opening of the first day of listing on NewConnect, the price of the Render Cube share fell by 12 percent to PLN 132

Render Cube is a Łódź development studio founded in 2012, currently employing 19 people. In the initial period of activity, it focused on outsourcing works, commissioned mainly by other game producers, which resulted in cooperation with, among others CD Projekt, Techland, or Platige Image.

In recent years, the company has focused on the production of its own games, released on PC platforms. The biggest title of the studio is Medieval Dynasty, which made its debut in the early access formula on September 17, 2020. The title, which after 12 months of presence in the early access formula, on September 23, achieved the status of the full version, has so far found 865,000 buyers.

The main shareholder of Render Cube is Iridium Media Group, a 100 percent subsidiary of Toplitz Productions in Irdning (Austria).

(Puls Biznesu)