🎉 M&A multiples are live!
Check it out!

Ice Code Games Valuation Multiples

Discover revenue and EBITDA valuation multiples for Ice Code Games and similar public comparables like Boyaa Interactive, Remedy Entertainment, and Trophy Games.

Ice Code Games Overview

About Ice Code Games

Ice Code Games SA is engaged in the business of gaming. Its offers two games including Re-Legion and Deep Blue.


Founded

2000

HQ

Poland
Employees

6

Financials

LTM Revenue n/a

LTM EBITDA n/a

EV

$6.1M

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Ice Code Games Financials

Ice Code Games has a last 12-month revenue of n/a and a last 12-month EBITDA of n/a.

In the most recent fiscal year, Ice Code Games achieved revenue of $1.8M and an EBITDA of -$2.5M.

Ice Code Games expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Ice Code Games valuation multiples based on analyst estimates

Ice Code Games P&L

FY 2023 FY 2024 FY 2025 LTM NTM
Revenue $1.2M $1.8M XXX XXX XXX
Gross Profit $0.8M $1.2M XXX XXX XXX
Gross Margin 66% 67% XXX XXX XXX
EBITDA -$0.5M -$2.5M XXX XXX XXX
EBITDA Margin -42% -136% XXX XXX XXX
Net Profit -$0.5M -$0.6M XXX XXX XXX
Net Margin -42% -34% XXX XXX XXX
Net Debt $25K $0.1M XXX XXX XXX

Financial data powered by Morningstar, Inc.

Ice Code Games Stock Performance

As of April 15, 2025, Ice Code Games's stock price is PLN 0 (or $0).

Ice Code Games has current market cap of PLN 21.5M (or $5.5M), and EV of PLN 23.8M (or $6.1M).

See Ice Code Games trading valuation data

Ice Code Games Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$6.1M $5.5M XXX XXX XXX XXX n/a

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Sign Up

Ice Code Games Valuation Multiples

As of April 15, 2025, Ice Code Games has market cap of $5.5M and EV of $6.1M.

Ice Code Games's trades at n/a LTM EV/Revenue multiple, and n/a LTM EBITDA.

Analysts estimate Ice Code Games's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See valuation multiples for Ice Code Games and 10K+ public comps

Ice Code Games Financial Valuation Multiples

FY 2024 FY 2025E FY 2026E FY 2027E
EV $6.1M XXX XXX XXX
EV/Revenue 3.4x XXX XXX XXX
EV/EBITDA -2.5x XXX XXX XXX
P/E -1.7x XXX XXX XXX
P/E/Growth n/a XXX XXX XXX
EV/FCF -11.2x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Ice Code Games Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Sign Up

Ice Code Games Valuation Multiples

Ice Code Games's NTM/LTM revenue growth is n/a

Ice Code Games's revenue per employee for the last fiscal year averaged $0.3M, while opex per employee averaged $0.8M for the same period.

Over next 12 months, Ice Code Games's ratio of sales and marketing spend to revenue is estimated to be  XXX , while its R&D spend to revenue to be  XXX .

Analysts estimate Ice Code Games's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See operational valuation multiples for Ice Code Games and other 10K+ public comps

Ice Code Games Operational Valuation Multiples

FY 2024 NTM FY 2025E FY 2026E FY 2027E
Revenue Growth 46% XXX XXX XXX XXX
EBITDA Margin -136% XXX XXX XXX XXX
EBITDA Growth 373% XXX XXX XXX XXX
Rule of 40 (SaaS-only) n/a XXX XXX XXX XXX
Revenue per Employee $0.3M XXX XXX XXX XXX
Opex per Employee $0.8M XXX XXX XXX XXX
S&M Expenses to Revenue n/a XXX XXX XXX XXX
G&A Expenses to Revenue n/a XXX XXX XXX XXX
R&D Expenses to Revenue n/a XXX XXX XXX XXX
Opex to Revenue 270% XXX XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Ice Code Games Public Comps

See public comps and valuation multiples for Gaming - Console & PC comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Azerion Group XXX XXX XXX XXX XXX XXX
PlaySide Studios XXX XXX XXX XXX XXX XXX
Trophy Games XXX XXX XXX XXX XXX XXX
Remedy Entertainment XXX XXX XXX XXX XXX XXX
Boyaa Interactive XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Ice Code Games M&A and Investment Activity

Ice Code Games acquired  XXX companies to date.

Last acquisition by Ice Code Games was  XXXXXXXX, XXXXX XXXXX XXXXXX . Ice Code Games acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Ice Code Games

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Sign Up

About Ice Code Games

When was Ice Code Games founded? Ice Code Games was founded in 2000.
Where is Ice Code Games headquartered? Ice Code Games is headquartered in Poland.
How many employees does Ice Code Games have? As of today, Ice Code Games has 6 employees.
Is Ice Code Games publicy listed? Yes, Ice Code Games is a public company listed on WAR.
What is the stock symbol of Ice Code Games? Ice Code Games trades under ICG ticker.
When did Ice Code Games go public? Ice Code Games went public in 2007.
Who are competitors of Ice Code Games? Similar companies to Ice Code Games include e.g. Azerion Group, PlaySide Studios, Trophy Games, Remedy Entertainment.
What is the current market cap of Ice Code Games? Ice Code Games's current market cap is $5.5M
What is the current revenue growth of Ice Code Games? Ice Code Games revenue growth between 2023 and 2024 was 46%.
Is Ice Code Games profitable? Yes, Ice Code Games is EBITDA-positive (as of the last 12 months).

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.