CD Projekt Red Brings in $33 Million in Newest Financial Publishing
CD Projekt Red have published their financial results for first half of 2017, and according to the company, they continue to see a rise in profits.
The company behind the critically acclaimed The Witcher series recently published their results in a full financial report (that’s written fully in Polish), but thanks to user boskee over at NeoGAF, we know that the company generated a net profit of 118.5 million PLN ($33 million USD), which beat the consensus expectations by 21.5%.
This is shocking in its own right, as it’s been some time since The Witcher 3’s release, but the game series continues to generate a ton of money for the company, with CD Projekt Red bringing in the far majority of the overall profit. The company is now supposedly valued at over $2.2 billion, and one would assume that once Gwent: The Witcher Card Game releases, that valuation will only climb.
You can view the company’s full video presentation below, though it is in Polish, of course:
Some other interesting tidbits about the company found in the briefing can be found below:
– GOG has over 2100 games in its catalogue from over 550 developers and publishers
– CD Projekt has offices in Warsaw, Krakow, Shanghai and LA. The latter 2 do not take part in game production.
– 97% of CD Projekt’s income came from export, with 60% representing clients in the US and 24.4% those in the EU.