Posted April 15, 2022
high rated
SCPM: Results are out, 2021 sales revenue for GOG dropped from 343 million zloty in 2020 (CP2077 release year) to 199.9 million. Net loss for the unit was about 29 million zloty. Compared to 2019, revenues are up 23%.
https://www.cdprojekt.com/en/investors/result-center/
BrianSim: +199,983,000 Sales revenues https://www.cdprojekt.com/en/investors/result-center/
+1,640,000 Other Operating Revenues
-144,458,000 Cost of products, services, goods & materials sold
-60,382,000 Selling Costs
-6,735,000 General & Admin Costs
-20,609,000 Other Operating Expenses
= -30,561,000 Operating Profit
I'm really not an investor person but what are all these enormous "cost of selling" figures swallowing up everything spending on to the extent you can earn 200m selling something yet still make a 30m loss? And what's the difference between "Cost of products, services, goods and materials sold" vs "selling costs"? Seems to be a 'double whammy' there.
Edit: I mean if you just add those two rows up (144,458,000 Cost of products, services, goods & materials sold + 60,382,000 Selling Costs = it costs 204,840,000 (in costs) to earn 199,983,000 revenue from selling everything? What am I missing there...
Post edited April 15, 2022 by tremere110