Operating revenue up 18.6% at Life is Strange maker Dontnod for 2019

Operating revenue up 18.6% at Life is Strange maker Dontnod for 2019

The French studio behind Life is Strange and Vampyr Dontnod has reported an increase of almost 19 per cent in operating revenue.

In the firm's report for the 2019 fiscal year, the company says its operating revenue for the year was up by 18.6 per cent, hitting €18m ($19.4). Revenue was down by 2.7 per cent, with Dontnod bringing in €13.9m ($15.01) for the 12-month period.

Publisher fees was up 13 per cent year-on-year, due to development on Tell Me Why ramping up. Meanwhile royalties were down almost half with a 45.9 per cent decrease, reflecting slower sales of Vampyr, which has been on sale since June 2018. Royalties from Life is Strange 2 are going to be expected in the 2020 financial year.

Due to the COVID-19 coronavirus, Dontnod has joined the rising number of companies in the games industry who have moved to having their staff work from home. The firm warns that release schedules could change depending on how the situation plays out.

Dontnod went public on the Euronext Growth Index back in May 2018, raising €30.5m ($33.6m) in the process.

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Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for, VGC, Games London, The Observer/Guardian and Esquire UK.