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CD Projekt results twice better in the first quarter of 2022 than in the first quarter of 2021

CD Projekt results twice better in the first quarter of 2022 than in the first quarter of 2021

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Toys
May 26 2022, 21:28


CD Projekt Group achieved double the quality of the first quarter of 2022 compared to 2021. This is thanks to CD Projekt Red studio and the sale of Cyberpunk 2077.




From the summary Report From the CD Projekt lineup for the first quarter of 2022, we found out not only when it will start Marketing campaign About expanding the story to Cyberpunk 2077 movieor that Witcher 4 in stage Pre-production. The Polish company also introduced Financial position, which is more than double what it was in the corresponding period of the previous year.


profit doubled

In the first three months of 2022, CD Projekt Group generated revenue of PLN 216.15 million. This is “only” about PLN 19 million more than in the first quarter of 2021 – but with the cost of acquiring it over PLN 9 million lower. So, the company’s revenue from the sale of all types of products increased from PLN 135.36 million in the January-March 2021 period to PLN 168.52 million in the corresponding period of 2022.


By reducing them, among other things o operating costs and taxes, CD Projekt Group’s net profit for the first quarter of 2022 amounted to PLN 68.92 million It represents 31.9% of the total revenue. This is more than double what it was in the first three months of 2021.


Cyberpunk 2077 Credit

How confirmed Vice Chairman for Finance at our parent company, Piotr Nielubowicz, This is because of the big sales Cyberpunk 2077 movie – Especially on consoles, which result from the launch of the “next generation” revision (Appeared on February 15th). No wonder that up to 68.85 million PLN of the above amount was created by CD Projekt Red studio.

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GOG almost under the tag

The GOG.com platform does much worse. The revenue it generated in the first quarter of 2022 is quite large – exactly PLN 40.39 million – but after deducting all expenses incurred, it presented Only 152 thousand net profit PLN.