Revenue up almost 40% at Witcher and Cyberpunk maker CD Projekt

Revenue up almost 40% at Witcher and Cyberpunk maker CD Projekt

Polish games firm CD Projekt has reported a rise of almost 40 per cent in its sale revenues year-on-year for the three months ending September 2019.

In its financial report for the quarter, the firm clocked in sales revenue of zł92.8m ($23.9m) for the quarter, a 38.3 per cent increase on the same period the year before. The bulk of this increase came from 'revenues from sales of goods and materials', which almost doubled from zł26.5m ($6.8m) to zł43.3m ($11.1m).

The CD Projekt games development segment of the firm brought in zł63.2m ($16.2m) for the period, while clocked in at zł31.5mm ($8.1m) for the period, an increase of 12 per cent year-on-year.

In its announcement video on YouTube, CFO Piotr Nielubowicz said that this increase in sales revenue was due to both sales of its 2015 hit The Witcher 3 - not counting its October release on Switch - alongside profits from its storefront.

Meanwhile, both internal and external testing has begun on forthcoming sci-fi RPG title Cyberpunk 2077, in addition to the localisation process.

The company has also bought its office space in Warsaw, which it has been in for 20 years now. This will be adapted for CD Projekt's purposes.

Editor - PC Games Insider

Alex Calvin launched in August 2017 and has been its editor since. Prior to this, he was deputy editor at UK based games trade paper MCV and content editor for marketing and events for London Games Festival 2017. His work has also appeared in Eurogamer, The Observer, Kotaku UK, Esquire UK and Develop.


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