Vivid Games delays Real Boxing 3: what it means for Vivid Games stock

Published on 10/13/2026 at 01:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vivid Games stock reflects a delayed launch and PLN 0.29 million cash. First-half revenue fell 8.10 percent to PLN 7.64 million.

Vivid Games postponed global distribution of Real Boxing 3 after performance fell below expectations.
First-half 2026 revenue fell 8.10 percent to PLN 7.64 million.
The company reported PLN 0.29 million in cash and a PLN 1.30 million net loss at June 30, 2026.
The last GPW quote was PLN 0.59 on October 12, 2026, while market capitalization stood at PLN 32.8 million.

Vivid Games, PLVVDGM00014, Illustration mit AI erstellt.

Vivid Games (ISIN PLVVDGM00014) decided on October 12, 2026, to redesign a key gameplay layer of Real Boxing 3 and postpone the start of global distribution. The decision followed performance below expectations, according to Bankier on October 12, 2026.

What changed in Real Boxing 3?

Vivid Games returned the title to the production phase and changed its monetization approach. The company said continuing under the previous plan would not generate the expected revenue or the anticipated contribution to future financial results, making the launch delay a direct operating issue rather than a simple calendar shift.

Half-year figures show the constraint

The latest reported figures add financial context. In the first half of 2026, total revenue fell 8.10 percent year over year to PLN 7.64 million from PLN 8.31 million, while the net loss improved to PLN 1.30 million from PLN 2.02 million, according to BiznesRadar in the report published September 17, 2026.

The same report showed EBITDA of negative PLN 129,020 in the first half of 2026, compared with negative PLN 975,900 a year earlier. Cash stood at PLN 292,160 on June 30, 2026, while long-term and short-term borrowings totaled PLN 9.99 million, leaving the revised game plan important for both revenue recovery and liquidity.

What does the delay mean for cash?

The operating gap remains visible in the balance sheet. Vivid Games had PLN 0.29 million in cash at June 30, 2026, against PLN 14.59 million in total liabilities, while the half-year report recorded a PLN 1.30 million net loss.

The company is a Polish mobile-game developer known for the Real Boxing series. Its shares are listed on GPW under ticker VVD, and the identity and listing details are confirmed by Stockd. Stockd lists November 18, 2026, as the expected next report date.

Warsaw quote sets the market context

The last available GPW quote stood at PLN 0.59 on October 12, 2026, at 4:59 p.m. CEST. Market capitalization was PLN 32.8 million, and the 52-week range was PLN 0.53 to PLN 0.97 on the same quote date. Those figures place the business value below the annual high while the delayed launch adds a concrete execution hurdle.

Market context: Market report WIG 20.