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General discussionCD Projekt: strategy and development of the company, financial results, suggestions by armchair CEOs(686 posts)(686 posts)
(686 posts)
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This is my favourite topic
Posted May 24, 2019
They should threaten to remove more games. That usually convinces me to cough up full price :(
Posted May 25, 2019
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blotunga: Your guess is as good as mine. Galaxy? Higher cut to publishers?
I remember them saying something about giving a higher cut to publishers in future. If that actually started in 2018, that would certainly explain it.
Posted August 11, 2019
Basically, GOG would be doing fine if there wouldn't be Gwent. Somehow Gwent gets combined with GOG in the financial reports. At some point they will be over Gwent and then the reports will give a more accurate picture of selling DRM free games. It's interesting, that a single self-produced game can drag them down so much.
Posted August 11, 2019
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Trilarion: Basically, GOG would be doing fine if there wouldn't be Gwent. Somehow Gwent gets combined with GOG in the financial reports. At some point they will be over Gwent and then the reports will give a more accurate picture of selling DRM free games. It's interesting, that a single self-produced game can drag them down so much.
I specifically avoided Thronebreaker because of its associations with GWENT, particularly the fact that GWENT content was/is included as a bonus. Wonder if I am not the only one.
Posted August 29, 2019
According to the calendar, results for H1 2019 should be available Thursday, August 29th, and a livestream conference, chat, and Cyberpunk 2077 gameplay stream with the devs will be on Friday, August 30th according to this tweet:
https://twitter.com/DPackowski/status/1164855214068969472
Posted August 30, 2019
Financials for the 1st half were released today...
GoG has turned around the 1st quarter loss.
What was a 1,520,000 PLN loss is now a 643,000 PLN profit for the first half of the year meaning the 2nd quarter made 2,163,000 PLN profit.

Year to Year:
Sales Revenues: 81,108,000 PLN vs. 64,575,000 in the first half of 2018
Gross Profit: 23,695,000 PLN vs. 19,873,000 PLN
Net Profit: 643,000 vs. a loss of 1,178,000 PLN for the first half of 2018.

Generally looking good.

cdprojekt.com/en/wp-content/uploads-en/2019/08/consolidated-financial-statement-for-h1-2019.pdf
Posted August 30, 2019
Diablo and warcraft probably really boosted the number of new people coming to the store
Posted August 30, 2019
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lukaszthegreat: Diablo and warcraft probably really boosted the number of new people coming to the store
Getting more games to a store brings customers in? Who knew!

Seriously, CDP Red needs to get a wider variety of content here, and work with more publishers... Maybe stop rejecting games people are looking forward to.
Posted August 30, 2019
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RawSteelUT: Getting more games to a store brings customers in? Who knew!

Seriously, CDP Red needs to get a wider variety of content here, and work with more publishers... Maybe stop rejecting games people are looking forward to.
I don't think the games GOG rejects would make that much of a difference. Getting unobtainable classics would. Ie: old Star Trek games etc.
Posted August 30, 2019
Good to see things getting back on track.

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lukaszthegreat: Diablo and warcraft probably really boosted the number of new people coming to the store
Preorders for Cyberpunk were announced mid-June, so those would be included as well.
Post edited August 30, 2019 by ConsulCaesar
Posted August 30, 2019
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RWarehall: ...meaning the 2nd quarter made 2,163,000 PLN profit....
And that means about $500,000, right?

I tried looking through the linked pdf, and I'm utterly confused...
Post edited August 30, 2019 by MadalinStroe
Posted August 30, 2019
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RWarehall: ...meaning the 2nd quarter made 2,163,000 PLN profit....
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MadalinStroe: And that means about $500,000, right?

I tried looking through the linked pdf, and I'm utterly confused...
Yes, about that, a little more $544,913.78 of today's exchange rate and an overall profit of $161,987.77 for the half.
Posted November 22, 2019
3rd quarter 2019 results are out now:
https://www.cdprojekt.com/en/investors/result-center/
"In the third quarter of 2019 the CD PROJEKT Capital Group posted 92.9 million PLN in sales revenues, with a net profit of 14.9 million PLN."
Profits were higher than analysts' expectations but down from the previous year. Although Cyberpunk 2077 pre-orders have been open, revenues from other distributors may not be realized until the game releases.
Additionally, GOG Galaxy 2.0 is more popular with gamers than expected, and has better retention rates than the previous version of the client.
Post edited November 22, 2019 by SCPM
Posted November 22, 2019
Sounds pretty good, all things considered.
Posted November 22, 2019
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RawSteelUT: Getting more games to a store brings customers in? Who knew!

Seriously, CDP Red needs to get a wider variety of content here, and work with more publishers... Maybe stop rejecting games people are looking forward to.
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blotunga: I don't think the games GOG rejects would make that much of a difference. Getting unobtainable classics would. Ie: old Star Trek games etc.
Getting them is a struggle in general, then marketing them is another struggle they suffer from. It's not an easy road to walk on if you've got the wrong shoes
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Community
General discussionCD Projekt: strategy and development of the company, financial results, suggestions by armchair CEOs(686 posts)(686 posts)
(686 posts)