CD Projekt Pink has launched its earnings report for 2022, and it is trying good for the Witcher and Cyberpunk 2077 developer. The corporate boasted a 66% enhance in internet revenue, pushed by a rise in income, and a lower in CDPR’s total working prices.
The Polish firm reported a income of 953 million PLN ($222 million USD) in 2022, up from 888 million PLN ($207 million USD) the earlier yr, and a internet revenue of 347 million PLN ($81 million USD), up from 209 million PLN ($49 million USD) in 2021. Regardless of the upwards pattern, CDPR hasn’t managed to hit the identical stage of success it noticed in 2020, when Cyberpunk 2077’s launch precipitated a large income spike that took its yearly revenue to an enormous 1.15 billion PLN ($268 million USD).
In its revenue and loss breakdown, CDPR confirmed a 7% enhance in income year-on-year, a modest determine that is however spectacular two years after the corporate’s final main recreation launch. Regardless of its tough launch, Cyberpunk 2077 has seen strong gross sales after CDPR dedicated to fixing the sport’s preliminary points and including additional content material, with the success of Netflix’s Edgerunners anime giving it an additional increase in late 2022.
The corporate additionally reported an 18% lower in working prices, which helped shore up its internet earnings. Most of those financial savings got here from sharp decreases within the cash spent on updating and bettering Cyberpunk 2077, in addition to analysis part prices for upcoming projects–two components CDPR pointed to as causes for the decline in revenue in 2021.
CD Projekt Pink shed extra gentle on its main tasks as a part of the earnings report, discussing the choice to restart growth on the Witcher universe’s Venture Sirius. It additionally teased that the advertising and marketing marketing campaign for Cyberpunk 2077 enlargement Phantom Liberty can be beginning this June.
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