CD Projekt will publish its fiscal year 2020 statement on April 22, but before that date, they have released a preview of the company’s expectations for investors to see. Despite the controversy swirling around Cyberpunk 2077, the game being removed from PlayStation Store; and numerous returns, especially in console versions of the game, CD Projekt Red is set to close the year with record revenue and record profits.
CDPR;’s investment account on Twitter;, said> “According to the information the company’s revenue from sales exceeded $563 million, while net profit will be $304 million.
This means a very significant revenue increase compared to previous years. In 2015, for example, The Witcher 3 reported revenue of $210 million and profit of $90 million. 2015 was cdpr’s best year in six years, exceeding 3 times that year’s profit is a big deal for the company.
The next strategy of the company is also of great importance. After that, they announced that they would not create excessive hype like Cyberpunk 2077, that they would not start marketing years before the games were released, and that they would develop multiple AAA games simultaneously starting in 2022. Although investors initially reacted negatively to these statements and pushed down their share prices, it seems to be the right strategy.
