Digital Bros Financial Report: Six Months Ended December 31, 2022

Digital Bros’ financial report for the six-month period ending December 31, 2022, highlights the company’s performance and strategic investment plans for its gaming portfolio. The publisher reported net revenue of €59.8 million, representing an 8.1% year-over-year increase. While net profit rose by 5.7% to €11 million, EBITDA experienced a slight decline of 5.8%, settling at €18.6 million. Revenue streams were primarily driven by premium games, which accounted for 76% of total earnings, while free-to-play titles contributed 20.8%.

Key assets within the company’s portfolio continue to demonstrate significant commercial longevity. The title Control has reached over €92 million in lifetime revenue with more than 3 million units sold globally. Looking toward future development, the company has committed a €50 million budget for the sequel to Control and a €25 million investment for a multiplayer spin-off, both of which will utilize the proprietary Northlight engine.

Other notable performance metrics include the racing simulator Assetto Corsa, which has surpassed €104 million in revenue and 28 million units sold. Additionally, the puzzle RPG Puzzle Quest 3 has generated over $200 million in revenue, while the action game Ghostrunner has exceeded 1 million units sold. The company also signaled future growth expectations for the upcoming JRPG Eiyuden Chronicle, which is projected to surpass €30 million in lifetime revenue. These figures underscore a business model heavily reliant on established intellectual property and targeted investments in high-budget sequels.